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3.20.060 Proceeds to be credited to a special fund - Limitation on use - Investment. <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 />municipality or indirectly through a convention and visitors bureau or destination marketing <br />organization for: <br />(a) Tourism marketing; <br />(b) The marketing and operations of special events and festivals designed to attract tourists; <br />(c) Supporting the operations and capital expenditures of tourism-related facilities owned or <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 under 26 U.S.C. Sec. 501 (c)(3) and 26 U.S.C. Sec. 501(c)(6) of the internal <br />revenue code of 1986 as amended. <br />, construction or operating a stadium facilities, convention center facilities, performing arts center <br />facilities and/or visual art center facilities or to pay or secure the payment of all or any portion of <br />general obligation bonds or revenue bonds issued for such purpose or purposes under <br />Chapter 67.28 RCW, or to pay for advertising, publicizing or otherwise distributing information for <br />the purpose of attracting visitors and encouraging tourist expansion within the county, and <br />Uuntil withdrawn for use, the moneys accumulated in such fund or funds may be invested in interest- 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. 82-4, 1982; Ord. 78-2, 1978).