[Adopted as Ch. 128 of the 2000 Code]
There is imposed a 7% hotel and motel tax upon the gross receipts from the renting of any and all rooms, apartments or sleeping quarters in any hotel, motel, inn, public lodging house, rooming house or tourist court or in any place where sleeping accommodations are furnished to transient guests for rent, whether with or without meals, except the gross receipts from the renting of sleeping rooms in dormitories and memorial unions of all universities and colleges located in the state.
[Amended 3-23-2023 by Ord. No. 23-02]
"Renting," "rental" and "rent," as used in this article, mean a transfer of use, possession or control of lodging for a fixed or indeterminate term for consideration. However, the tax imposed in this article does not apply to the gross receipts from the renting of a room, apartment or sleeping quarters while rented by the same person for a period of more than 31 consecutive days.
The hotel and motel tax as set forth in this article shall be imposed on all gross rent receipts received after April 1, 1989.
[Amended 3-23-2023 by Ord. No. 23-02]
The tax imposed in this article shall be collected and remitted as provided in Iowa Code § 423.5A.
The revenue derived from the tax imposed by this article shall be accounted for as follows:
A. 
All revenue received by the City from the imposition of the hotel and motel tax shall be deposited in the General Fund of the City.
B. 
At least 50% of the revenue derived from the hotel and motel tax shall be spent for the acquisition of sites for, or constructing, improving, enlarging, equipping, repairing, operating or maintaining recreational, convention, cultural or entertainment facilities, including, but not limited to, memorial buildings, halls and monuments, civic centers, convention buildings, auditoriums, coliseums and parking areas or facilities located at those recreational, convention, cultural or entertainment facilities, or the payment of principal and interest on bonds or other evidence of indebtedness issued by the City for those recreational, convention, cultural or entertainment facilities, or for the promotion and encouragement of tourist and convention business in the City and surrounding areas.
C. 
The remaining revenues may be spent by the City for any lawful purpose for which revenues derived from ad valorem taxes may be expended.