(a) Pursuant to Ohio R.C. 5739.08(A) and/or 5739.09(B)(1), there is hereby ordained a City excise tax of three percent (3%) on all transactions within Coshocton City limits wherein lodging by a hotel is or is to be furnished to transient guests.
(b) Said tax will be in full force and effect immediately and shall remain in effect from year to year without further action on the part of Council.
(c) Pursuant to Ohio R.C. 5739.09(B)(1), Council shall establish rules and regulations necessary to provide administration and allocation of said tax to include, but not be limited to, property notification to all hotels, a consistent reporting format, and a structure to treat late or non-payment.
(d) The balance of tax collected shall be deposited in the Coshocton City General Fund and the City Auditor shall distribute at least eighty percent (80%) of the revenue to the Coshocton County Convention and Visitors Bureau and the balance thereafter will remain in the Coshocton City General Fund.
(e) The tax funds under this section shall be collected and distributed by the City Auditor every calendar month for the preceding month’s collection.
(f) The Clerk of Council is hereby directed to cause this section to be entered into the proper record book of Council and in addition, to forward a certified copy of said section to the Coshocton County Convention and Visitors Bureau and to the Coshocton County Board of Commissioners.
(Ord. 5-06. Passed 2-27-06.)