Poised to tighten, council instead loosens tourism purse strings
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Last updated 2/18/2015 at 9:54am
Electric City has voted to put all of its hotel/motel tax money in one account and asked its attorney to draw up an ordinance indicating this.
The city council, in response to the chamber of commerce’s objections to the city holding a large reserve fund, voted to fold its reserve account of about $280,000 into its regular hotel/motel account.
The city has had a policy of holding back half of...
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