The purpose of this article is to levy an occupancy tax on hotel and motel rooms located in the City areas of Fairmont for the following purposes:
(a) At least fifty percent (50%) of the net received during the fiscal year by the City, pursuant to the requirement of the Code of West Virginia shall be transmitted to the Marion County Convention and Visitors Bureau, Inc., for the promotion of conventions and tourism.
(b) The remaining portion of the net revenues receivable during the fiscal year by the City may be expended for one or more of the following purposes:
(1) The planning, construction, reconstruction, establishment, acquisition, improvement, renovation, extension, enlargement, equipment, maintenance, repair and operation of publicly owned convention facilities, including but not limited to, arenas, auditoriums, civic centers and convention centers;
(2) The payment of principal or interest or both on revenue bonds issued to finance such convention facilities;
(3) The promotion of conventions;
(4) The construction or maintenance of public parks, tourist information centers and recreation facilities (including land acquisitions);
(5) The promotion of the arts;
(6) Historic sites; or
(7) Beautification projects; or
(8) Medical care as provided by West Virginia Code §7-18-14(c)(8).
(Ord. 1331. Passed 12-13-05.)