The monies on deposit in the transient guest tax fund, subject to lawful budget appropriations, may be used for the following purposes:
A. To contract with any agency, organization or group of firms to promote conventions and tourism within the city and its environs;
B. To provide for the operation, maintenance, expansion or development of city facilities connected with convention and tourism;
C. To create innovative projects and activities promoting conventions and tourism;
D. To promote the general economic welfare of the city and its environs, including the attraction of industry. (Ord. 8, 9-19-2005)