The Village may use the proceeds from the tax to defray the costs of:
A. Administration: Collecting and otherwise administering the tax, including the performance of audits required by the Lodgers Tax Act pursuant to guidelines issued by the State Department of Finance and Administration.
B. Real Property Acquisition: Establishing, operating, purchasing, constructing, otherwise acquiring, reconstructing, extending, improving, equipping, furnishing or acquiring real property or any interest in real property for the site or grounds for tourist related facilities, attractions or transportation systems of the Village, the county in which the Village is located or the County.
C. Revenue Bond Premiums: The principal of and interest on any prior redemption premiums due in connection with and any other charge pertaining to revenue bonds authorized by section 3-38-23 or 3-38-24, New Mexico Statutes Annotated.
D. Advertising And Promoting: Advertising, publicizing and promoting tourist related attractions, facilities and events of the Village or County and tourist facilities or attractions within the area.
E. Police And Fire Protection: Providing police and fire protection and sanitation service for tourist related events, facilities and attractions located in the Village.
F. Combination; Limitation: Any combination of the foregoing purposes or transactions stated in this Section, but for no other Village purpose. (Ord. 274, 7-9-1996)