(a) There is hereby levied and imposed a tax at the rate of 10% of the price paid for an admission ticket to or in connection with an event at the venue project.
(b) The tax imposed under this article shall be calculated based on and be added to the full cost, excluding the amount of any other tax that may apply, of an admission ticket. The tax is a part of the price for the admission ticket, is a debt owed to the person required to collect the tax by the person receiving the admission ticket, and is recoverable at law in the same manner as the charge for the admission ticket.
(c) The tax shall be collected for each event held, in whole or in part, at the venue project, beginning on the date as of which the multipurpose arena in the venue project is issued a certificate of occupancy and continuing so long as bonds or other obligations, including revenue or refunding obligations, for the planning, acquisition, establishment, development, construction, or renovation of the venue project are outstanding and unpaid.
(Ord. 22742-06-2017, § 1, passed 6-6-2017, eff. 6-25-2017)