§ 40.2-18. Administration.  


Latest version.
  • This article shall be administered and enforced by the city manager or his designee. The city manager or his designee shall develop criteria and guidelines for the level of investment required for any particular range of tax incentive and regulatory flexibility. The city manager or his designee is authorized to negotiate performance agreements with potential new or expanded qualified tourism businesses. The city manager or his designee is authorized to enter into performance agreements in instances where incentives included regulatory flexibility and where tax incentives are derived from the remittance of a portion of a qualified tourism business' business, professional, and occupational license tax. In addition, the incentives may include a combination of sales taxes, food and beverage taxes, lodging taxes and/or amusement taxes attributable to the qualified tourism business.

    (Ord. No. 6843-12, § 1)

(Ord. No. 6843-12, § 1)