It is intended that the proceeds from the levy of the tax imposed pursuant to this chapter will be used for the payment of reasonable costs incurred in connection with the administration of this chapter, and for marketing and promotion of the town's principal industry, being tourism, and for payment of expenses related to such marketing and promotion and to promote and market activities and events beneficial to the economic vitality of the community. (Ord. 38, Series 1986; amd. Ord. 29, Series 2022)