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HomeMy WebLinkAbout3457-10/27/1986ORDINANCE NO. 3457 Al'! ORDINANCE AMENDING THE CODE OF ORDINANCES OF THE CITY OF WATERLOO, IOWA, BY PEPEALINC SUPSECTION (d) OF SECTION 33 3/4- - 13, LOCAL TRANSIENT GUEST TAX FUND, OF CHAPTER 33 3/4, TAXATION: AND BY ENACTING IN LIEU THEREOF A NEW SUBSECTION (d) OF SECTION 33 3/4 - 18, LOCAL TRANSIENT GUEST TAY FUND. BE IT ORDAINED hy the City Council of the City of Waterloo, Iowa: That Subsection (d) of Section 33 3/4 - 10, Local Transient Guest Tax Fund, of Chapter 33 2/4, Taxation, of the Code of Ordinances of the City of Waterloo, Iowa, is hereby repealed in its entirety that new Subsection (d) of Section 33 3/4 - 13, Local Transient Guest Tax Fund, of Chapter 33 3/4, Taxation, of the Code of Ordinances of the City of Waterloo, Iowa, is enacted in lieu thereof as follows: Sec. 33 3/4 - 1. Local transient guest tax fund. (d) The revenue derived from any hotel and motel tax authorized by this article shall he used as follows: (1.) The City of Waterloo shall spend seventy-five percent (751 for promotion of tourism within the corporate limits of the City of Waterloo and the metro area, hut not to exceed One Hundred Seventy-five Thousand Dollars (5175,000.00) per fiscal year. (2) The City of Waterloo shall snend twenty-five percent (25%) for the retirement of the outstanding General Obligation Bonds, principal and interest, relating to ConWay Civic Center. PASSED AND ADOPTED by the City Council this 27th day of October, 193, and approved by the Mayor this 29th day of octoher, 1911. ATTEST: Miche e Temeyer, Deputy Cler/Audi CERTIFICATE Seeker 'layor I T I, Micnelle Ter Denuty.CJOrk/Aoditor of the City of waterlr._ do hereby certify that attached hereto is a true and cry coh- Ordinance No. 34R7, as passed and adopted hy the Council of th Waterloo, Iowa, on the 27th day of October, 1505. r.:‘q c e emever, neputy Cferk/Audi B aux 270 FACE 808 72u o INDEXED 99,14-1 COMPARED V PAGED,�ri 6405 BLACK HAWK COUNTY, IOWA:Sr Filed for record nik7. 3 19 6 of 4'0 / A M, and recorded in . Book a 7° &4 Soh Recorder Deputy Fee 5 j;oc"K 270 PAGE 807 S 2A1 _:, OF IOWA, SS Black Hawk County, ORDINANCE NO. 3457 AN ORDINANCE AMENDING THE CODE OF ORDINANCES OF THE CITY OF WATERLOO, IOWA, BY REPEALING SUBSECTION (d) OF SECTION 33 3/4 - 18, LOCAL TRANSIENT GUEST TAX FUND, OF CHAPTER 33 3/4, TAXATION; ANY BY ENACTING IN LIEU THEREOF A NEW SUBSEC- TION (d) OF SECTION 333/4- 18, LOCAL TRANSIENT GUEST TAX FUND. BE IT ORDAINED by the City Council of the City of Waterloo, Iowa: That Subsection (d) of Section 33 3/4 - 18, Local Transient Guest Tax Fund, of Chapter 33 3/4, Taxation, of the Code of Or- dinances of the City of Waterloo, Iowa, is hereby repealed in its entirety; that new Subsection (d) of Section 33 3/4 - 18, Local Trans- ient Guest Tax Fund, of Chapter 33 3/4, Taxation, of the Code of Ordinances of the City of Water- loo, Iowa, Is enacted in lieu there- of as follows: Sec. 33 3/4 - 18. Local transient guest tax fund. (d) The revenue derived from any hotel an motel tax authorized by this article shall be used as fol- lows: (1) The City of Waterloo shall spend seventy-five percent (75%) for promotion of tourism within the corporate limits of the City of Waterloo and the metro area, but not to exceed One Hundred Sev- enty-five Thousand Dollars ($175,000.00) per fiscal year. (2) The City of Waterloo shall spend twenty-five percent (25%) for the retirement of the outstand- ing General Obligation Bonds, principal and Interest, relating to ConWay Civic Center. PASSED AND ADOPTED by the City Council this 27th day of Octo- ber, 1986, and approved by the Mayor this 29th day of October, 1986. Jack Seeber, I do solemnly swear that the annexed copy of CITY OF WATERLOO notice was published in the Ullntcrloo Touricr a daily newspaper printed in Waterloo, Black Hawk County, Iowa once .M- -mfor eeoessiolifrre in the issue/ of LEGAL: ORDINANCE 3457 davemti NOVEMBER 5th+ 1986 of said newspaper, and that the annexed rate of advertising is the regular legal rate of said newspaper, and that the following is a correct bill for publishing said notice. Printer's Bill $ J 5. 3 y Signed Subscribed and sworn to before me this Ci 4j Notary Public ev day of Received of the sum of Dollars in full for publication of the above notice.