Ninety-five percent of the gross proceeds obtained from the collection of lodging taxes pursuant to this chapter shall be used in accordance with M.S. § 469.190, as the same may be amended from time to time, to fund a local convention or tourism bureau for the purpose of marketing and promoting the city as a tourist or convention center. The city may use up to 5% of the proceeds obtained hereunder to defray the costs and expenses of collection and administration of such tax.
(Ord. 292, passed 11-9-09)