The license taxes herein fixed and imposed are appropriated or assigned to the recreation board for administration in accordance with the tax administration resolution and the recreation act, as they may be from time to time amended, save and except for one percent (1%) of the amount of gross income derived from the room rentals received by each licensee from the renting of rooms within the corporate limits of the city, which one percent (1%) shall be specifically appropriated to capital improvement projects of the recreation board per Nevada Revised Statutes 268.096(1)(b). (Ord. 698, 5-12-2016)