[§ 1, Ord. 378, as amended by § 1, Ord. 750, eff. September 15, 1983; § 2, Ord. 904-94, eff. April 14, 1994; § 1, Ord. 921-95, eff. September 14, 1995; § 1, Ord. 1024-04, eff. July 1, 2004]
Each fiscal year there shall be an allocation from the General Fund of the City of a sum equal to 22% of the Transient Occupancy Tax collected pursuant to Article 4 of Chapter 3-2 of Title 3, but excluding therefrom Transient Occupancy Taxes collected from a hotel or resort project consisting of 100 or more rooms constructed after July 1, 2004, or a project constructed after July 1, 2004 pursuant to a development agreement providing for fee waivers by the City. The funds so allocated shall be used for promotion and music and provided in Government Code § 37110.
[§ 2, Ord. 378, as amended by § 1, Ord. 750, eff. September 15, 1983; § 3, Ord. 904-94, eff. April 14, 1994]
The sum allocated for promotion and music pursuant to § 3-2.101 shall be deposited with the Catalina Island Chamber of Commerce and Visitors Bureau, Inc. ("the Chamber of Commerce"), which shall expend the funds solely and exclusively for promotion of the City. Any portion of the funds not so expended during the fiscal year shall be returned to the City and placed in the General Fund.
The funds shall be expended by the Chamber of Commerce on behalf and to the satisfaction of the City as follows:
(a) 
To provide information services to the general public including responding to all communications and inquiries whether written, telephonic, person-to-person, or otherwise regarding the City of Avalon, its facilities for visitors, recreational and sporting events and other attractions;
(b) 
To prepare and distribute to the public, the press, the tourism industry and any other interested category of persons articles, publications, press releases, correspondence, photographs, literature, historical information, and any other advertising and publicity material descriptive of the City and its advantages;
(c) 
To promote the City as a site for professional, business, and trade conventions and business meetings;
(d) 
To perform such other activities as may be required by the City Council in order to promote the City.
[§ 3, Ord. 378, as amended by § 1, Ord. 750, eff. September 15, 1983; § 4, Ord. 904-94, eff. April 14, 1994; Ord. 1160-17, eff. August 31, 2017]
Expenditures by the Chamber of Commerce of the funds provided by the City shall, in addition to the limitations set forth in § 3-2.102 be subject to the following conditions:
(a) 
On or before the first day of November of each fiscal year, the Chamber of Commerce shall submit to the City a report containing an accounting of the use of funds provided by the City during the previous fiscal year, setting forth with particularity and in accordance with professional accounting standards the amount and nature of all such expenditures;
(b) 
Funds obtained by the Chamber of Commerce from the City shall not be used for political purposes or in a manner which unlawfully discriminates against any class or category of persons or businesses;
(c) 
The Chamber of Commerce shall make available to the City or its representative upon reasonable notice for examination, audit, or inspection all of its books, records, and accounts which in any manner relate to the expenditure of the City funds.
[§ 1, Ord. 750, eff. September 15, 1983]
In the event of noncompliance by the Chamber with any of the provisions of this article, the City may at its discretion withhold disbursement of City funds to the Chamber in addition to any other remedy which it may have.
[§ 1, Ord. 221]
To comply with the provisions of Article 5 of Chapter 1 of Division 1 of the Streets and Highways Code of the State, as amended by Chapter 642 of the Statutes of 1935, there is hereby created and established in the City Treasury a special fund to be known as the "Special Gas Tax Street Improvement Fund".
[§ 2, Ord. 221]
All money received by the City from the State pursuant to the provisions of the Streets and Highways Code for the acquisition of real property or interests therein, or for the construction, maintenance, or improvement of streets or highways other than State highways, shall be paid into such fund.
[§ 3, Ord. 221]
All money in such fund shall be expended exclusively for the purposes authorized by, and subject to all of the provisions of, Article 5 of Chapter 1 of Division 1 of the Streets and Highways Code of the State.