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(1) Developer's Contributions; and <br />(2) Interest Earnings on the Storm Water Management Fund from the distribution of <br />pooled interest earnings. <br />(c) Expenditures shall consist of the following uses: <br />(1) Storm Water projects, but which does not include the maintenance of existing <br />storm system. <br />(d) This fund is eligible for inter -fund loans. <br />9. General Government Special Project Fund (Fund 9297) <br />(a) The General Government Special Project Fund shall be used to account for resources <br />accumulated and expenditures related to special General Government projects. <br />(b) Funding shall consist of the following sources: <br />(1) Donations and grants; and <br />(2) Sale of Fleet Vehicles; and <br />(3) Interest Earnings on the General Government Special Project Fund from the <br />distribution of pooled interest earnings <br />(c) Expenditures shall consist of the following uses: <br />(1) Happy Days and other events for which donations and or grants are received; and <br />(2) Capital vehicles as outlined in the city's Capital Improvement Program. <br />(d) This fund is eligible for inter -fund loans. <br />10. Lodging Tax Fund (Fund 9298) <br />(a) The Lodging Tax Fund shall be used to account for lodging tax revenue collected <br />per Ordinance #24-17 and in accordance with City Code Chapter 27. <br />(b) Funding shall consist of the following sources: <br />(1) Lodging tax per Section 27.02 of City Code; and <br />(2) 3% of monthly lodging tax will be retained and the remainder forwarded to <br />Minnesota Metro North Tourism; and <br />(3) Interest Earnings on the Lodging Tax Fund from the distribution of pooled interest <br />earnings <br />(c) Expenditures shall consist of the following uses: <br />(1) 95% of proceeds shall be used in accordance with Minnesota Statutes 469.190 to <br />fund a local convention, tourism, or visitor's bureau for the purpose of marketing <br />and promoting the City as a tourist or convention center (Per Section 27.14 of City <br />Code) <br />(d) This fund is eligible for inter -fund loans. <br />c. Debt Service Funds. (Funds 9300-9399) Debt Service funds are used to account <br />for the accumulation of resources for, and the payment of, general long term debt <br />principal and interest. <br />1. The City shall maintain one Debt Service Fund with individual fund activities <br />created by staff on an as needed basis as required by Minnesota Statutes regarding <br />Page 5of12 <br />