During the contribution period, the sales and use tax revenue attributable to the Waterfront Park Retail Area shall be allocated and deposited into the Waterfront Park Maintenance Fund in the following amounts: In the 12-month period beginning July 1, 2012, $380,000—or the amount of sales and use tax revenue attributable to the Waterfront Park Retail Area—if less than $380,000; In each 12-month period beginning on each July 1 thereafter that is within the contribution period, an amount equal to $380,000, increased annually by the cost-of-living adjustment (if the adjustment does not result in a multiple of $50, rounded to the next lowest multiple of $50)—or the amount of sales and use tax revenue attributable to the Waterfront Park Retail Area—if less. All sales and use tax revenue and revenue from the Waterfront Park Special Assessment received by the Chief Financial Officer by the 20th day of a month shall be deposited into the Fund by the Chief Financial Officer by the last business day of the following month.
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