Funds collected and deposited in the Food and Beverage Tax Fund by the town shall be solely for the creation and enhancement of any public facility or infrastructure improvement or to fund initiatives intended to promote the town and its businesses and for no other purpose, unless the terms and conditions of this section are amended by ordinance.
(1996 Code, Art. VIII, § 4) (Ord. 2005-14, passed - -; Ord. 2005-19, passed - -; Ord. 2007-11, passed - -; Ord. 2011-10, passed 10-3-2011; Ord. 2014-04, passed 6-2-2014)