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3.20.060 Proceeds to be credited to a specialfund - Limitation on use - lnvestment. <br />All taxes levied and collected under this chapter shall be credited to a special fund in the treasury of <br />the county. Such taxes shall be levied only for the purpose of paying all or any part of the cost of <br />tourism promotion. acquisition of tourism-related facilities, or operation of a tourism-related facilities <br />as that term is defined in RCW 67.28.080(7). Lodging tax revenues may be used, directly by any <br />or nation m <br />organization for: <br />(a) Tourism marketino; <br />(b) The marketinq and operations of special events and festivals designed to attract tourists; <br />itures of <br />operated by a municipality or a public facilities district created under chapters 35.57 and 36.100 <br />RCW;or <br />(d) Supporting the operations of tourism-related facilities owned or operated by nonprofit <br />organizations described under26 U.S.C. Sec.50'l (cX3) and 26 U.S.C. Sec.501(cX6) of the internal <br />revenue code of 1986 as amended. <br />€€4+ven{ti€fi€€n+@er <br />fu€i+i'ties-andlervisual art eente+ rae i+i+ies-o+-tepay-erueeu+e+he-payffi€n+-ef€,Porcnype*ion-e+ <br />g$eral€b+igatien bends or r -p{+Fpe*eryr+Fpeses-ufid€r <br />i@ <br />tne'pu+pos@eR€€uraging!+eunst-expansien+vithin+he<eun+yrand <br />lluntil withdrawn for use, the moneys accumulated in such fund or funds may be invested in interest- <br />bearing securities by the county Treasurer in any manner authorized by law. (Ord. 2009-10,2009; <br />Ord. 99-04, 1999; Res. B2-4,1982; Ord.78-2,1978).