HomeMy WebLinkAbout~Master - Imposing Hotel and Motel Tax ORDINANCE NO. 2663
AN ORDINANCE RELATING TO THE
IMPOSITION OF A HOTEL AND MO-
TEL TAX IN AMES , IOWA, REPEAL-
ING ALL ORDINANCES IN CONFLICT
HEREWITH, AND ESTABLISHING AN
EFFECTIVE DATE .
BE IT ENACTED, by the City Council for the City
of Ames , Iowa:
Section One . Tax Imposed. There shall be imposed,
hereby, a tax at the rate of seven percent (70) , upon the
gross receipts from the renting of any and all rooms, apart-
ments, or sleeping quarters in any hotel , motel, inn, public
lodging house, rooming house, tourist court, or in any place
where sleeping accommodations are furnished to transient
guests for rent, whether with or without meals .
Section Two. Exemptions . The tax shall not apply
to the gross receipts from the renting of a room, apartment,
or sleeping quarters while rented by the same person for a
period of more than thirty-one (31) consecutive days; and,
the tax shall not apply to the renting of sleeping rooms in
dormitories owned or operated by Iowa State University and
shall not apply to rooms and accommodations provided by the
Memorial Union at Iowa State University .
Section Three . Use of Tax Revenue . The revenue
derived from the tax imposed by this ordinance shall be used
as follows :
(a) At least fifty percent (500) of the revenue
derived therefrom for the acquisition of
sites , or constructing, improving, enlarging,
equipping, repairing, operating, or main-
taining of recreation, convention, cultural,
or entertainment facilities including, but
not limited to memorial buildings, halls
and monuments, civic center convention
buildings , auditoriums, coliseums , and par-
king areas or facilities located at those
recreation, convention, cultural or enter-
tainment facilities or the payment of prin-
cipal and interest, when due, on bonds or
other evidence of indebtedness issued by
the City for those recreation, convention,
cultural, or entertainment facilities; or
for the promotion and encouragement of
tourist and convention business in the City
and surrounding areas .
(b) The remaining revenues may be spent by the
City for any city operations authorized by
law as a proper purpose for the expenditure
within statutory limitations of City revenues
derived from ad valorum taxes .
(c) The City may pledge an amount not to exceed
thirty percent (300) of the revenues derived
therefrom to the payment of bonds which the
City may issue for one or more of the purposes
set forth in paragraph (a) of this section.
Any revenue pledged to the payment of such
bonds may be credited to the spending require-
ment of paragraph (a) of this section.
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Section Four. Administration. The administration
for the imposition and collection of the tax herein established
shall be provided by the Iowa Director of Revenue as provided
for by the laws of the State of Iowa and the administrative
rules of the Iowa Department of Revenue. No additional per-
mits or procedures will be required by the City of Ames .
Section Five . Voter Approval . The tax herein pro-
vided for shall be imposed only after an election at which a
majority of those voting on the question favors imposition.
The election shall be held at the time of the City ' s general
election.
Section Six . Any and all ordinances or parts of
ordinances in conflict herewith, if any, are hereby repealed
to the extent of such conflict.
Section Seven . This ordinance shall be in full
force and effect from and after its passage and publication
as required by law.
OW
Passed this 1st day of August 1978 .
Mary E. P,aul, City Clerk Lee Fellinger, May r
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