HomeMy WebLinkAbout1972-12-19; City Council; 1153; CMC 3.12.150 amend - TOT receipts for general fund purposes1
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ORDINANCE NO. 1153
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AMENDING SECTION 3.12.150 OF THE CARLSBAD MUNICIPAL CODE TO PROVIDE FOR USE OF A PORTION OF
TAX RECEIPTS FOR GENERAL FUND PURPOSES. THE FISCAL YEAR 1972-73 TRANSIENT OCCUPANCY
WHEREAS the annexation of the La Costa area has placed
additional demands on the General Fund of the City in order to
provide the area range of City se
WHEREAS, fo 972-73 General Fund Revenues
from said area will not be
services ; and
WHEREAS, there are Transi nt Occupancy Tax Funds generated
in said fiscal year from La Cos activities which are available
to meet the costs of City services for that area; and
WHEREAS, it is in the public interest to use said funds
for said purpose as necessary, up to, and not to exceed $60,000.0
on a one year basis only.
NOW, THEREFORE, BE IT ORDAINED by the City Council of the
City of Carlsbad as follows:
Section 3.12.150 of the Carlsbad Municipal Code is hereby
amended to read as follows:
"3.12.150 revenue to be placed in Parks and Recreation
Fund , except as hereinafter provided. All net revenue
from this tax, after collection costs have been deducte
shall be placed in the Parks and Recreation Fund and
expended therefrom for allowed purposes and recreationa
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
d. For Fiscal Year 1972-73, an am nt up to but
not to exceed $60,000.00 may be deposited in the
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Council of the City of Carlsbad, California, held on the 5th day of
December, 1972, and thereafter PASSED AND ADOPTED at a regular meeting
of said City Council held December 19, 1972, by the following vote,
to wit:
AYES:
NOES: None.
ABSENT: None.
en Dunne, McComas, Lewis, Chase, and Frazee.
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e &
General Fund as necessary to provide Municipal
services for the La Costa area".
ATTEST :
(SEAL)
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