There is created a special fund to be known as the "tourism promotion fund no. 107" in the treasury of the city. All such taxes collected under this chapter shall be placed in this special fund to be used solely for the purpose of paying all or any part of the cost of tourism promotion, or acquisition of or operation of tourism related facilities or to pay for other uses as authorized in chapter 67.28 Revised Code Of Washington, as now permitted or hereafter amended. Until withdrawn for use, the monies accumulated in such fund may be invested by the city in any manner authorized by law. (Ord. 929, 5-30-2012)