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Introduced by: Borough Manager <br /> Requested by: Finance Director <br /> Drafted by: Finance Director <br /> Introduced: 11/03/2011 <br /> 2 Public Hearing: 12/01/2011 <br /> 3 Adopted: 12/01/2011 <br /> 4 KODIAK ISLAND BOROUGH <br /> 5 ORDINANCE NO. FY2012 -11 <br /> 6 <br /> 7 AN ORDINANCE OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH <br /> 8 AMENDING TITLE 3 REVENUE AND FINANCE <br /> 9 CHAPTER 3.55 TRANSIENT ACCOMMODATIONS TAX <br /> 10 SECTION 3.55.025 ALLOCATION OF SALES TAX PROCEEDS <br /> 11 <br /> 12 WHEREAS, this ordinance is a clean -up ordinance to correct an error in KIBC 3.55.025 to <br /> 13 reflect that there is only one village in Kodiak which is the Village of Karluk and five second <br /> 14 class cities which are the Cities of Akhiok, Larsen Bay, Port Lions, Old Harbor, and <br /> 15 Ouzinkie; and <br /> 16 <br /> 17 NOW, THEREFORE, BE IT ORDAINED BY THE ASSEMBLY OF THE KODIAK ISLAND <br /> 18 BOROUGH THAT: <br /> 19 Section 1: This ordinance is of a general and permanent nature and shall become a part <br /> 20 of the Kodiak Island Borough Code of Ordinances; and <br /> 21 <br /> 22 Section 2: Title 3 Revenue and Finance Chapter 3.55 Transient Accommodations Tax <br /> 23 Section 3.55.025 Allocation of Sales Tax Proceeds is hereby amended as <br /> '24 follows: <br /> 25 3.55.025 Allocation of sales tax proceeds. <br /> 26 A. The sales taxes collected under KIBC 3.55.010 shall be allocated to a separate fund OF <br /> 27 acres-14144 to be appropriated and utilized solely for increased development of the tourist <br /> 28 industry, and may be allocated for tourism programs, tourism enhancement projects, such <br /> 29 as beautification within the borough, and the administrative costs associated with such <br /> 30 programs; <br /> 31 B. The sales tax collected in any cix villagoc village or city in the Kodiak Island Borough <br /> 32 may be appropriated for the purpose of the development of the tourist industry in that village <br /> 33 or city. <br /> 34 <br /> 35 ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH <br /> 36 THIS FIRST DAY OF DECEMBER, 2011 <br /> 37 <br /> 38 KODIAK ISLAND BOROUGH <br /> 39 <br /> 40 <br /> 41 - L g <br /> 42 ATTEST: Jerp M. Selby, Borough.Nl. or - <br /> 43 <br /> 44 <br /> 45 II Al _ <br /> 46 Nova Javier, MMG- B..ugh Clerk <br /> Kodiak Island Borough Ordinance No. FY2012 -11 <br /> • Page 1 of 1 <br />