TITLE
ORDINANCE AMENDING ORDINANCE 6PSF-H, JUNE 19, 2013, WHICH AMENDED AND SUPPLEMENTED THE CODE OF THE CITY OF NEWARK TO AUTHORIZE THE CREATION OF A SPECIAL IMPROVEMENT DISTRICT IN THE CITY TO BE KNOWN AS THE "GREATER NEWARK TOURISM IMPROVEMENT DISTRICT," BY ADDING DEFINITIONS FOR "HOTEL" AND "HOTEL INDUSTRY" AND AUTHORIZES A QUARTERLY FEE PAYMENT OF 1.0% BEING THE FEE ACTUALLY COLLECTED.
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WHEREAS, by Ordinance 6PSF-h June 19, 2013, adopted on June 19, 2013 ("the GNCV Ordinance"), the Mayor and the Municipal Council created and designated within the City of Newark a Special Improvement District authorized pursuant to N.J.S.A. 40:56-65 et. seq., to be known as the Greater Newark Tourism Improvement District comprised of all hotel properties within the City (the "District") to provide supplemental services within the District and to collect a special license fee assessment on all affected property within the District, which fee assessments shall be collected by the owners of hotel properties within the District as an additional room fee, paid to the City of Newark, for the purpose of promoting the economic and general welfare of the District and the municipality; and
WHEREAS, the collection of fee assessments from owners of hotel properties
requires a conspicuous definition and understanding of what constitutes a "Hotel" within the City of Newark; and
WHEREAS, the regulation of the "hotel industry property and business", as provided in Section 2 of the GNCV Ordinance, also requires a conspicuous definition and understanding of what constitutes the "Hotel Industry"; and
WHEREAS, "Section 1: Definitions" of the GNCV Ordinance is bereft of definitions for "Hotel" and "Hotel Industry"; and
WHEREAS, Section 4d of the GNCV Ordinance provides for a quarterly License
Fee Assessment, as well as the monthly payment of .0025% of the amount actually collected from the Tax Collector; and
WHEREAS, the practice of collecting assessment fees on a quarte...
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