Revenue from the Municipal Gross Receipts Tax will be used for the purpose(s) listed below:
(A) To be used for city support and ownership of the Sierra Vista Hospital or its successor hospitals in which the city may have ownership commitment: 2/16%.
(B) To be used for city general operations or commitments to any loan or obligation where the city may be a party to: 2/16%.
(Ord. 9, passed 8-19-1998; Am. Ord. 26, passed 3-3-1999; Am. Ord. 121, passed 8-19-2009)