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.