(A) A special fund is to be established, to be known as the Hospitality Tax Fund, into which all monies remitted to the city under this chapter shall be deposited. Any and all interest as may accrue in the Hospitality Tax Fund shall be distributed in accordance with this section.
(B) All Hospitality Tax generated shall be dedicated to the General Fund for the purpose of maintaining tourist-related facilities and infrastructure and the attendant police, fire and emergency medical services.
(Ord. 08-03, passed 5-27-03; Am. Ord. passed 19-04, passed 9-28-04; Am. Ord. 12-08, passed 6-24-08; Am. Ord. 30-11, passed 12-13-11; Am. Ord. 05-13, passed 4-2-13; Am. Ord. 19-14, passed 9-9-14; Am. Ord. 04-15, passed 6-9-15; Am. Ord. 33-16, passed 10-18-16; Am. Ord. 20-17, passed 7-11-17)