§ 31½-17. Tourist development plan.

The tax revenues received subsequent to the enactment of this article and pursuant to this article shall be used to fund the Broward County Tourist Development Plan, which is hereby adopted as follows:

Tourist Development Plan. Under the provisions of the Local Option Tourist Development Act, a two (2) percent tourist development tax will be levied throughout Broward County beginning December 1, 1980. The anticipated net revenue for the twenty-four-month period from December 1, 1980, through November 30, 1982, is eight million dollars ($8,000,000.00). In addition, an additional one (1) percent is added to the above-described tax beginning August 1, 1987, pursuant to section 31½-16 above. The additional one (1) percent is subject to restrictions on its use as provided by law.

Notwithstanding any law, ordinance, or administrative guideline to the contrary, the following categories of use and appropriation of the tax, in the order of priority, are hereby set forth:

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			Revenues Allocated
(1)	Payment of debt service (or other required payments so as not to create a default under the Bond Resolution*) in connection with the proposed Broward County Convention Center ("Convention Center") to be located at Port Everglades		The amount necessary to meet the financial obligation of category 1
(2)	Marketing programs relating to sales and promotion of conventions and tourism; and all necessary administrative expenses relating to the expenditure of the tourist development tax		After the financial obligation of category 1 is satisfied, category 2 shall be funded, to the extent funds are available therefor, in an amount equal to that allocated to category 1
(3)	(i)	Operation, maintenance, and other expenses related to the financing and development of the Convention Center pursuant to the bond resolution* (excluding expenses attributable to the payments in category 1)	The remaining amount of funds available after satisfying the requirements of category 1 and category 2 shall be equally divided among those uses described in categories 3(i) and 3(ii)
	(ii)	Expenditures in accordance with chapter 1, article V, section 1-90 of the Broward County Code of Ordinances for the promotion of tourism related to cultural activities and then for any other lawful purpose pursuant to § 125.0104(5), F.S.

 

*Resolution as amended authorizing issuance of the bonds financing the Convention Center.

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There shall be established on an annual basis by the county administrator, and as approved by the board of county commissioners, the total amount of the tax revenues to be expended for each category during the fiscal year.

The above and foregoing tourist development plan may not be amended except by ordinance enacted by an affirmative vote of a majority plus one (1) member of the board of county commissioners.

(Ord. No. 80-70, § 2, 9-9-80; Ord. No. 81-74, § 1, 7-24-81; Ord. No. 83-32, § 1, 6-16-83; Ord. No. 8-56, § 1, 9-20-88)