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Resort Tax_July 1977 to April 1978RESORT TAX (continued) a change in Resort Tax distribution formula from present 60/40 split, to a 50/50 basis. Mayor Rosen advised that Council approval at this time, without some backup information, would be precipitous, and he suggested to Mr. Grenald that he confer with the Adminis- tration. 18 Date 7/6/77 Amendment to Sec. 41-51 of City Code (Resort 7/20/77 Tax) by requiring bond from operator who is delinquent in Resort Tax payments for 2 months or more. Ord. Passed on first reading. Hearing and second reading scheduled for Aug. 3, 1977, at 2:00 p.m. Councilman Meyerson requested the Finance Director to furnish backup as to RESORT TAX 19 (continued) Date administrative procedures to be followed with respect to enforcement, if the ord.is adopted. 7/20/77 Hearing continued to 9/7/77, at 2:00 p.m. re: 8/3/77 amendment to Sec. 41-51 of City Code (Resort Tax) by requiring bond from operator who is delinquent in Resort Tax payments for 2 months or more, (1st reading 7/20/77). Ord. referred to City Atty., Finance Director and Director of TDA for further study and specific recommenda- tions. Hearing continued to Oct. 5, 1977 at 2:00 p.m., 9/7/77 amending Sec. 41-51 of City Code (Resort Tax) by requiring bond from operator who is delinquent RESORT TAX (continued) in resort tax payments for two months or more. (1st reading 7/20/77) (public hearing continued from 8/3 /77) 20 Date 9/7/77 Public hearing cancelled re: amending Sec. 10/5/77 41-51 of City Code (Resort Tax) by requiring bond from operator who is delinquent in Resort Tax payments for 2 months or more (1st reading 7/20/77). Item withdrawn by Administration. Ordinance to be redrawn by City Atty. and re- scheduled for 1st reading on future agenda. (Requested by Councilman Meyerson). Appearance of TDA to request amendment of Sec,, 4/19/78 41-68 of City Code as to allocation of Resort