1044-w-
RESOLUTION NO.1044
A RESOLUTION REGARDING MONIES PLACED IN A CONVENTION CENTER
RESERVE FUND
WHEREAS,the City of Moses Lake,as allowed by RCW 67.28.180,has enacted an ordi
nance which authorizes the levying and collection of a special excise tax in the
amount of 2%on the sale of or charge made for the furnishing of lodging at a
hotel,motel,or similar facility;and
WHEREAS,the funds so collected are to be placed in a special fund and used only
for the purpose of paying all or any part of the cost of acquisition,construction,
or operating of stadium facilities,convention center facilities,performing arts
center facilities,and/or visual arts center facilities,or to pay or secure the
payment of all or any portion of general obligation bonds or revenue bonds issued
for such purpose or purposes or to pay for advertising,publicizing,or otherwise
distributing information for the purpose of attracting visitors and encouraging
tourist expansion;and
WHEREAS,the City Council of the City of Moses Lake wishes to set a policy concern
ing spending said monies to pay for advertising,publicizing,or otherwise distri
buting information for the purpose of attracting visitors and encouraging tourist
expansion.
NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Moses Lake,
Washington that in any one calendar year up to $2,500 of the fund collected under
RCW 67.28.180 and then placed in the special fund as required by RCW 67.28.210 or
the interest on the funds collected in the year previous,whichever is less,may be
used to pay for advertising,publicizing,or otherwise distributing information for
the purpose of attracting visitors and encouraging tourist expansion.
BE IT FURTHER RESOLVED that before the expenditure of the funds is authorized,a
plan for the expenditure of the funds must be approved by the City Council.
PASSED by the City Council of the City of Moses Lake,Washington and APPROVED by
its Mayor this i4th day of October ,1980.
Rayor
ATTEST: