Prior to the adoption of Ord. 16278 on 12/06/1999, Section 26-77 read as follows.


    There is hereby established a convention and tourism fund in the city. All taxes levied and collected and appropriated pursuant to this article shall be deposited to the credit of such fund as hereinafter provided. Such fund shall Seventy-five percent of the taxes collected under this article shall be placed in a separate account to be used and expended by the city only for the purpose of promoting conventions and tourism in the city.  Twenty-five percent of the taxes collected under this article shall be placed in a separate account to be used and expended by the city only for planning, promoting, operating and constructing tourist attractions and planning and promoting tourist events which have substantial potential to generate overnight visitation.

(Code 1964, § 11.1400(A))