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HomeMy WebLinkAbout1970-09-01; City Council; 1124; Ord 1087 amend - Transient occupancy tax1 2 3 7 8 9 10 13, 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31. 32 ORDINANCE NO. 1124 AN ORDINANCE OF THE CITY OF CARLSBAD AMENDING SECTION 16 OF ORDINANCE NO. 1087 REGARDING TRANSIENT OCCUPANCY TAX. The City Council of the City of Carlsbad does ordain as foll ows: 1. Section 16 of Ordinance No. 1087 is hereby amended to rea as follows: II : All net revenue from this tax, after collection costs have been deducted shall be placed in the Parks and Recreation Fund and expended there- from for allowed purposes and recreational program of said Fund. All monies previously collected from this tax and not expended shall be transferred to the Parks and Recreation Fund and expended therefrom for allowed purposes and recreational program of said Fund." INTRODUCED: August 18, 1970 PASSED: September 1, 1970 ATTEST : Y