(A) Revenues from imposition and collection of the tax herein imposed may be used for the purposes of financing, in whole or in part, tourism promotion, and the development, operation, and maintenance of tourist, recreation, cultural, and convention facilities as defined in UCA § 59-12-602 (1953), as amended.
(B) Taxes imposed under this subchapter may be pledged as security for bonds, notes, or other evidences of indebtedness incurred by the county under the provisions of the state’s Municipal Bond Act, as set forth in UCA Title 11, Chapter 14 (1953), as amended, to finance tourism, recreation, cultural, and convention facilities.
(Ord. 1996-1, passed 2-12-1996)