Explanation
The purpose of this ordinance is to amend section 371.02 of the Columbus City Codes, pertaining to the imposition of the hotel/motel tax. This ordinance changes the allocation of the city’s combined 5.1 percent hotel/motel tax. This ordinance also appropriates the funds associated with receipts attributed to the Downtown Hilton hotel for use in accordance with Section 3.4 of the Cooperative Agreement among the City, the County of Franklin, and the Franklin County Convention Facilities Authority.
Title
To amend section 371.02 of the Columbus City Codes by revising the allocation of the city’s combined 5.1 percent hotel/motel tax, to appropriate funds in the Hotel/Motel Tax fund.
Body
WHEREAS, it is necessary to amend Section 371.02 of the Columbus City Codes to change the allocation of the city’s combined 5.1 percent hotel/motel tax; and
WHEREAS, it is necessary to appropriate funds in the Hotel/Motel tax fund for use in accordance with Section 3.4 of the Cooperative Agreement among the City, the County of Franklin, and the Franklin County Convention Facilities Authority; Now, Therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. To amend existing Section 371.02 as follows:
371.02 - Imposition of tax
(a) For the purpose of providing revenue with which to meet the needs of the city for the use of the general fund of the city, for the advancement of the cultural development of the community, for promotion and publicizing of the city of Columbus as a desirable location for conventions, trade shows and similar events to encourage the patronage and business of cultural, educational, religious, professional, sports, and other organizations to utilize the city of Columbus and its numerous facilities for such events, to support the production of affordable housing and create home ownership opportunities within the city of Columbus through the Affordable Housing Trust for Columbus and Franklin County, and for the further purpose...
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