[Ord. No. 00-159 §§1—2, 12-27-2000; Ord. No. 01-057 §§1-3, 5-30-2001]
Upon receipt of the Metropolitan Park and Recreation District Sales Tax, forty percent (40%) of the funds directed by Section 67.1754(2) RSMo., shall be distributed to the municipalities as follows:
Each municipality shall receive the percentage of the forty percent (40%) which corresponds to the percentage of people of the total incorporated population of St. Charles County which resides within the municipality as set out at the last decennial census.
Payment of the tax shall occur quarterly. Funds shall not be paid until the County receives the municipality's statement of assurance, as set out in Subsection (C) below.
Prior to payment of any parks and recreations sales tax, the municipality shall forward to the County a letter signed by the governing body or chief executive officer of the municipality assuring that the funds will be used exclusively for the establishment, administration, operation or maintenance of public recreational facilities, parks and public recreational grounds for the municipality as required by Sections 67.1700 through 67.1769, RSMo.