Jefferson Parish |
Code of Ordinances |
Chapter 35. TAXATION |
Article VII. HOTEL OCCUPANCY TAX |
Division 1. TAX AUTHORIZED BY ACT NO. 265 |
§ 35-203. Same—Escrow accounts.
The finance director shall place the net proceeds of the tax, after distributing a portion of the proceeds to the municipalities in accordance with section 35-202 above, into escrow accounts as follows:
(1)
The net proceeds of the hotel occupancy tax accruing to the parish through the imposition of the hotel occupancy tax on the paid occupancy of hotel rooms located in that portion of the parish on the east bank of the Mississippi River shall be separately escrowed for the expressed purpose of constructing and maintaining a convention/multipurpose center in East Jefferson, and for funding other programs and projects concerning tourism-related activities;
(2)
The net proceeds of the hotel occupancy tax accruing to the parish through the imposition of the hotel occupancy tax on the paid occupancy of hotel rooms located in that portion of the parish on the west bank of the Mississippi River shall be separately escrowed for the expressed purpose of constructing and maintaining a convention/multipurpose center in West Jefferson, and for funding other programs and projects concerning tourism-related activities.
(Ord. No. 17794, § 1, 8-9-89)