§ 20-96. Levied.

There is hereby levied from and after January 1, 1979, for the purposes stated herein, a tax upon the sale at retail, the use, the lease or rental, the consumption and the storage for use or consumption of tangible personal property and upon the sale of services within this city; and the levy of the tax shall be as follows:

(1)

At the rate of two (2) percent of the sale price of each item or article of tangible personal property when sold at retail in this city; the tax to be computed on gross sales for the purpose of remitting the amount of tax due the city, and to include each and every retail sale;

(2)

At the rate of two (2) percent of the cost price of each item or article of tangible personal property when the same is not sold, but is used, consumed, distributed, or stored for use or consumption in this city; provided, there shall be no duplication of the tax;

(3)

At the rate of two (2) percent of the gross proceeds derived from the lease or rental of tangible personal property where the lease or rental of the property is an established business, or part of an established business or the same is incidental or germane to the business;

(4)

At the rate of two (2) percent of the monthly lease or rental price paid by lessee or rentee or contracted or agreed to be paid by lessee or rentee to the owner of the tangible personal property;

(5)

At the rate of two (2) percent of the gross proceeds derived from the sale of services.

(Ord. No. 88, 10-9-66; Ord. No. 173, § 2.01, 11-10-78)

Editor's note

Ordinance No. 88, commission series, adopted October 19, 1966, levied a one (1) percent sales and use tax on the goods, services and transactions enumerated in this section. An additional one (1) percent sales and use tax was levied by Ordinance No. 173, commission series, adopted on November 10, 1978, thereby increasing the sales and use tax in the city to two (2) percent. Because the provisions of both ordinances are identical only Ordinance No. 173 has been printed but the combined tax of both ordinances is reflected in this section.