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HomeMy WebLinkAboutOrdinance - 9120-1987 - Amending Section 26-22 Paragraph (B) Hotel Occupancy Tax Revenues - 09/10/1987/ I JCR:da First Read,fog September 10, 1987 Agenda Item #30 Second Reading Septanber 24, · 1997 Agenda· Item #7 ORD I NANCE NO. 9120 AN ORDINANCE AMENDING SECTION 26-22, PARAGRAPH (B), OF THE CODE OF ORDINANCES OF THE CITY OF LUBBOCK TO PROVIDE FOR THE ALLOCATION OF HOTEL OCCUPANCY TAX REVENUES GENERATED WITHIN THE CITY OF LUBBOCK; PROVIDING AN EFFECTIVE DATE ANO PROVIDING A SAVINGS CLAUSE. WHEREAS, Vernon's Ann.Civ.St., Article 1269j-4.1, Section 3c(a), authorizes the use of revenues derived from any hotel occupancy tax be used only for: (1) the acquisition, construction, improvement, equipping, opera- tion and maintenance of convention center facilities and cap- ital projects related to the tourism and convention industry; (2) for furnishing of facilities, personnel and material for the registration of convention delegates; (3) for general promotional and tourism advertising of the City and its vicinity and for operating a program to attract conventions and visitors; (4) for the encouragement, promotion and application of the arts; and (5) for historical preservation and restoration projects for facilities frequented by tourists and visitors; and WHEREAS, the City Council is committed to providing a balanced program for attracting and encouraging convention and tourism business to our community; and WHEREAS, the City Council recognizes the need to provide a comprehen- sive program consisting of civic center/convention facilities and activ- ities; direct convention and visitor promotional activities; programs and services related to the arts; and provisions for future convention and visitor capital improvements; NOW THEREFORE: BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1. THAT Section 26-22, paragraph (b) of the Code of Ordinances of the City of Lubbock, Texas, BE and the same is hereby amended to read as follows: (b) Issuance of bonds; use of funds. (1) In the event the· City Council should in the future determine that revenue bonds should be issued for the purposes stated in section 3(a) of Article 1269j-4.1, Texas Revised Civil Statutes, all or any part of the tax levied under subsection (a) above may be pledged as security for revenue bonds issued pursuant to the aforesaid statutes. (2) Unless otherwise directed by amendment hereto, the funds received from the tax levied under subsection {a) shall be distributed as follows: Reserve for Arts and Related Items 1/2 cents Debt Service for Convention Center Facilities .........•..•••......•.......... 2 1/4 cents Convention and Tourism Activities .....•..... 3 cents General Fund for Civic Center Operations •... 4/10 cents Reserve for Special Projects ....•.••.••••... 1/10 cents Reserve for Convention and Tourism Capital Projects . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3/ 4 cents SECTION 2. THIS Ordinance shall become effective October 1, 1987. SECTION 3. SHOULD this provision herein be found to be unconstitu- tional, illegal, unenforceable, or unauthorized, the same shall not be construed as altering or repealing any other provisions of this Ordinance, but all such other provisions shall remain in full force and effect as if there had been no finding of defect herein. AND IT IS SO ORDERED. Passed by City Council on first reading this 10th day of September, 1987. Passed by City Council on second reading this 24th day of September, 1987. Alli~: . =:) --~ rz R~~~f{ary · :!'ED AS TO CONTENT: ~L~ Rita Harmon, Assistant City Manager OV DAS TO--FORM2 C. ~ f hn C. Ross, Jr., City Attorne -2- '8.c. McMINN, MA 0 I I. R-19 THE STATE OF TEXAS COUNTY OF LUBBOCK Before me France, Hernandez a Notary Public in and for Lubbock County. Texas on this day personally appeared Twi I a Aufi 11, Account ManeEer of the Southwestern Newspa- pers Corporation. publishers of the Lubbock Avalanche-.Journal -Morning. Evening and Sunday. who being by me duly sworn did depose and say that said newspaper has been published continuously for more than fifty-two weeks prior to the first insertion of this I el!al Notice ----------~-.~-,---No. M 825624 at Lubbock County. Texas and the attached print- ed copy of the Lel!a I Not ice is a true copy of the original and was printed in the Lubbock Avalanch~-Journal oQ the follQ~in_g dat~~: SePtember 26, October 3, 1987 14~ wora• ~ .u~ -$1ze.4a LUBBOCK AVALANCHE-JOURNAL Southwestern Newspapers Corporation Subscribed and sworn to before me this --111aday of _O"'--="c"'"t'""'o'""'b"-e=....a.,.r __ 19 87 J~ ~~· - FORM~8-10 FRANCES HERNANDEZ. NOTARY PUBL In And For The State Of Texas My Commission Expires July 6. 1991 i~;;;.y· i7i~:,.:, ·-··--"'·-•··,,,,.... .. P:OR A TRAFFIC -S1~"':.'inl •.•. 16TH STREET: AND AVENUE H AftQ.,,.UT.HPRIZING .THl;i R.!k. ~OVA.L OF SAID TRAFFIC SIG-'. ; :~\tJN~tOPER~'f)[!l'E ;1'~,!f~;. :: '. ~:,•~~Ol~ANC~f9~~ ;;: ~•·. ,::;;:' ··AN ORl>fN'ANCE: AMEN'l)t_!IG· 1 'T~&i~l?E.OF OROINANCESO~·, .Tl:t~.c::rr.v OF L~~ .. tEX-·:: i ASi 8Y. Ab61NG THEREfo ,.,. NEW. St!CTION 17•5 ESTABLISH· · 1NG'AN'lllDMINISTRATIVE FEE: l'Q_R-,Sl;!~ES PERFORMED. , t t7,\~J~}'l-reH~~•t:.rxe,.~~~: 'l OUIR!, ./1. DISMISSAL BECAUSE 1! 'oF· ACTION BY OR Ql!I. SEH"-LF; fi qJ' '!'Hf: Dl;FENDANf'WttfCH' V(E:llE. SUBSEQUENT Tc;> :THJ:! .oA.1'E OF.'.TJiE ALLEi:;Ei;> ·oF; FENSE; .. P.ROVIOING SAVIN·os: CL/t.USlfr ANO PROV.101111.G AN f E:Ffl;l;TIVE DATE> ; · '·' ., ' .::, ;/t>RDINANC~:·(:·; .\ .·•· •JN O~bfNANCI!· .AME~ql.NG •se~TI0!,1 2~·22, P ... RA'GRAP''H ,, £_Ill, OF TH!; C~DE,Of ORDi. ... ·NANCEi OF THE CITY OF LUB- ,. ,Bc:>~1(-TO ~-ROVIDE FOR THE ''•A·LtOCATIOH OF ~TEL li)CCU-c f>~~V-,TMC REVENUES"GEN•'· · .C;R~t~O WITHIN !J'HE CfTY ,Of ' ,u.miRJilx::&-ROVIOING AN e-.=: · F!';C1!lt.E D'ATE AND PROVrD-·, ::~~;I 'f.11~•,:~s CLAUSE.~. . ,