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ORDINANCE NO. 2000- 029 <br />(2) To promote and advertise tourism in the State of Florida and <br />nationally and Intemallonaily; <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 takes 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 (500,000) based on the most recent <br />population estimated prepared pursuant to the provisions of <br />F.S. § 186.001, 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 leviligpursuant--12 a iono 1OOftb1 and tct of thls <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 (112) of the remaining revenue derived iXom <br />the tourist devetopmenI tax levied pursuant to sections 210 Oi I and <br />tc) of this ordinmo 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 gn¢grri. <br />