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ORD 96-37 ALLOWED USES OF THE CIVIC IMPROVEMENT FUND ORDINANCE No. 96 - 37 AN ORDINANCE OF THE CITY OF BAINBRIDGE ISLAND, WASHINGTON AMENDING THE ALLOWED USES OF THE CITY'S CIVIC IMPROVEMENT FUND. WHEREAS, when the civic improvement fund was established by ordinance 92-20 and ordinance 94-18, the City had no experience with a tax on lodging; and WHEREAS, the percentage limitation imposed on the uses of those tax revenues now seems unnecessarily constrained; and WHEREAS, the City Council now wishes to allow more flexible use of these tax revenues upon agreement of a super-majority of the City Council; now, therefore, THE CITY COUNCIL OF THE CITY OF BAINBRIDGE ISLAND, WASHINGTON DO ORDAIN AS FOLLOWS: SECTION 1. Section 3.65.040 of the Bainbridge Island Municipal Code is amended to read as follows: 3.65.040 Civic improvement fund. There is created a special fund in the treasury of the city, to be known as the "civic improvement fund." All taxes collected under this chapter shall be placed in the fund (1) to pay for all or any part of the cost of acquisition, construction, or operation of stadium facilities, convention center facilities, performing arts center facilities, and/or visual arts cen- ter facilities, or any other such facilities; (2) to pay or secure the pay- ment of all or any portion of the general obligation bonds or revenue bonds issued for such purposes, or purposes provided for in Chapter 67.28 RCW, and any amendments thereto; (3) to pay for advertising, publicizing, or otherwise distributing information for the purpose of attracting visitors and encouraging tourist expansion; or (4) to pay for such other uses as may from time to time be authorized for the taxes pursuant to statute. No more than one-half of the taxes collec- ted under this chapter shall be used to pay for advertising, publicizing, or otherwise distributing information for the purpose of attracting visitors and encouraging tourist expansion unless an exception is approved by a vote of a majority of all council members plus one more vote. SECTION 2. This Ordinance shall take effect and be in force five days after its passage, approval, publication as required by law. PASSED by the City Council this 19th day of September, 1996. APPROVED by the Mayor this 20th day of September, 1996. ~ANET K. WEST, Mayor ATTEST/AUTHENTICATE: APPROVED AS TO FORM: ROD P. KASEGUMA, City Attorney FILED WITH THE CITY CLERK: August 13, 1996 PASSED BY THE CITY COUNCIL: September 19, 1996 PUBLISHED: September 25, 1996 EFFECTIVE DATE: September 30, 1996 ORDINANCE No. 96 - 37