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• <br />• <br />• <br />ORDINANCE NO. 2000- 029 <br />(2) To promote and advertise tourism in the State of Florida and <br />nationally and internationally; <br />(3) To fund convention bureaus, tourist bureau, tourist information <br />centers and news bureaus as county agencies or by contract <br />with the chambers of commerce or similar associations in the <br />county; <br />(4) To finance beach improvement, maintenance, renourishment <br />restoration and erosion control, Including shoreline protection, <br />enhancement, cleanup, restoration of inland lakes and rivers to <br />which there is public access; <br />(5) Until such time as Indian River County reaches a population of <br />five hundred thousand (510,000) based on the most recent <br />population estimated prepared pursuant to the provisions of <br />F.S. § 186.901, as In effect of July 1st of each year, tax <br />revenues received pursuant to this article may also be used to <br />acquire, construct, extend, enlarge, remodel, repair, improve, <br />maintain, operate or promote one or more museums, zoological <br />parks, fishing piers or nature centers which are publicly owned <br />and operated or owned by not-for-profit organizations are open <br />to the public. <br />(b) Up to fifty (50) percent of the revenues to be derived from the tourist <br />development tax levied pursuant to sections 210.01(b) and (c) of this <br />ordinance shall be pledged to secure and liquidate revenue bonds <br />Issued by the county for the purposes set forth in section (a)(4) of this <br />section. Up to one-half (1/2) of the remaining revenue derived from <br />the tourist development tax levied pursuant to sections 210.01(¢) and <br />(,)c of this ordinance may be pledged to secure and liquidate revenue <br />bonds issued by the county for the purposes set forth in section (a)(1). <br />3 <br />CODING: Additions to text are underlined. <br />:,r•, - ., <br />:,• <br />1=��_ <br />X111 =, 1• <br />• • , :,. . , . <br />..• <br />• .�. .,. <br />•.: <br />. <br />. MWMM,• <br />V. I; <br />• . . • , . <br />• •: ,: <br />� -111• • .: •1 <br />1 :,. <br />•1• <br />• ,: ., � • <br />(b) Up to fifty (50) percent of the revenues to be derived from the tourist <br />development tax levied pursuant to sections 210.01(b) and (c) of this <br />ordinance shall be pledged to secure and liquidate revenue bonds <br />Issued by the county for the purposes set forth in section (a)(4) of this <br />section. Up to one-half (1/2) of the remaining revenue derived from <br />the tourist development tax levied pursuant to sections 210.01(¢) and <br />(,)c of this ordinance may be pledged to secure and liquidate revenue <br />bonds issued by the county for the purposes set forth in section (a)(1). <br />3 <br />CODING: Additions to text are underlined. <br />