The municipality owns and manages the municipal auditorium through the Municipal Clerk/Treasurer. The City Council, for the purpose of defraying the cost of the management, maintenance, and improvements on the municipal auditorium, may each year levy a tax not exceeding the maximum limit prescribed by state law on the taxable value of all taxable property within the municipality. The revenue from the tax shall be known as the auditorium fund and shall include all gifts, grants, deeds of conveyance, bequests, or other valuable income-producing personal property and real estate from any source for the purpose of endowing the municipal auditorium. The auditorium fund shall at all times be in the custody of the Municipal Clerk/Treasurer.
(`77 Code, § 3-1001)
Statutory reference:
Auditoriums and similar facilities, see Neb. RS 17-953 through 17-955
Issuance of bonds, see Neb. RS 17-954
Levy limits, see Neb. RS 17-955 and 77-3442