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HomeMy WebLinkAbout07-145 MAY 8, 2007 FIRST READING MAY 22,2007 SECOND READING 07-130 07-145 ORDINANCE (CARRIED 7 -0 LOST LAID OVER WITHDRAWN PURPOSE: AMEND ROOM TAX ALLOCATION AMOUNTS INITIATED BY: CITY ADMINISTRATION, Upon recommendation by the OSHKOSH CONVENTION AND VISITORS BUREAU THE COMMON COUNCIL OF THE CITY OF OSHKOSH DO ORDAINS AS FOLLOWS: SECTION 1. That Section 8-1.1 (B)(1) a. and b. of the Oshkosh Municipal Code pertaining to HOELlMOTEL ROOM TAX allocations is repealed and recreated to read as follows: (1) Subject to any superior obligation for debt service and operations related to the Oshkosh Centre not otherwise met by the following allocations, the treasurer shall distribute the receipts on a monthly basis, as follows: a. The City shall retain the first two percent (2%), and the first seven percent (7%) of the eight percent (8%) of all receipts attributable to 1 N. Main S1. b. The Oshkosh Convention and Visitors Bureau, hereby designated as a tourism entity as that term is defined in Sec. 66.0615, Wis. Stats., shall receive the next one percent (1 %). SECTION 3. This ordinance shall be effective upon passage and publication as provided by law, for all receipts on or after 12:01 a.m. on May 1,2007.