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ORDINANCE NO. 2023- 018 <br />(a) All revenues received pursuant to this article shall be used for the <br />following purposes only: <br />(1) To acquire, construct, extend, enlarge, remodel, repair, improve, <br />maintain, operate or promote one or more publicly owned and <br />operated convention centers, sport stadiums, sports arenas, <br />coliseums or auditoriums within the boundaries of the county or <br />subcounty special taxing distinct. However, these purposes may <br />be implemented through serviced contracts and leases with <br />peFsens whe maintain and operate adequate existin lessees that <br />have sufficient expertise or financial capacity to operate such <br />facilities; <br />(2) To promote and advertise tourism in the State of Florida and <br />nationally and internationally; however, if tax revenues are <br />expended for an activity, service, venue, or event, the activity, <br />service, venue, or event must have as one of its main purposes <br />the attraction of tourists as evidenced by the promotion of the <br />activity, service, venue, or event to tourists; <br />(3) To fund convention bureaus, tourist bureau, tourist information <br />centers and news bureaus as county agencies or by contract with <br />the chambers of commerce or similar associations in the 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 (500,000) based on the most recent <br />population estimated prepared pursuant to the provisions of F.S. § <br />186.901, as in effect on July 1st of each year, tax revenues <br />received pursuant to this article may also be used to acquire, <br />construct, extend, enlarge, remodel, repair, improve, maintain, <br />operate or promote one or more museums, zoological parks, <br />fishing piers or nature centers which are publicly owned and <br />operated or owned by not-for-profit organizations are open to the <br />public. <br />(6) Pay the debt service on bonds issued to finance the construction, <br />reconstruction, or renovation of a professional sports franchise <br />3 <br />