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HomeMy WebLinkAbout1961-308 ORDINANCE NO. __ AN ORDINhNCE relating to business and occupation taxes upon certain utilities, adjusting the tax rates, amending Section 5.50.050 of the City of Yakima Municipal Code. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1, That Section 5.503050 of the City of Yakima Municipal Code. as amended November 20, 1961, is hereby amended to real as foie - ?own, to-wit: " 5.50X50 ELECTRIC, TELEPHONE AND GAS BUSINESSES. There are hereby levied and shall be collected annual license fees or occupation taxes against the persens on account of the business activities, and in the amouns to be determined by the application of the rates against gross income, at follows: (a) Upon every person engaged in or carrying on the business of selling or furnishing electric 1iht or power, a fee or tar equal to three per cent (3%) of the total gross income derived • from such business in the City of Yakima; provided, however, that an additional fee or tax equal to two per cent (2%;) of said total gross income, commencing with the first meter reading • date in January, 1962, and ending with the last meter reading date in December, is hereby levied as a surcharge for the period of one year, beginning January 1 1962 and ending December 31, 1962. (b) Upon every person engaged in or carrying on a telephone business, a fee or tax equal to two per cent (2%) of the total gross subscriber's station exchange .venues from business and residence telephone service (excluding message units) in the City of Yakima; provided, however, thet an additional The or tax equal to two per cent (2%) of sai9 total gross subeoriber's station exchange revenues is hereby levied as a surchaeege for the period of one year beginning Jannery 1, 1962 and ending December 31, 1962. (c) Upon every person engaged in ov carrying on the burAness of selling or furnishing natural gas for heat, power, :light and other purposes, a fee or tax equal - po two per cent (2%) of the ° total gas revenues derived from such business in the City of Yakima; provided, however, that the fee or tax provided_ by thia Subsection (c) shall be levied for the ieriod of one ycar be- ginning January 1, 1962 and ending,De( ember 31, 1962. 411 (d) The minimum fee or tax for each such business activity • shall not be less than Two Hundred Fifty Dollars (250,00) per tax year -1- (e) The rates of tax set forth in this section in (a. (b) and (c) above shall be measured against a maximum of the first S500.,00 of said total gross income derived from selling elec- tric light or power, said total gross subscriber's station exchange revenue from business or- residence telephone service (excluding message units), or total gas revenue accrued by said taxpayer from any one customer in any ono calendar month or fraction thereof. Section 2, If any provision of this ordinance or its application to any person or circumstance is held invalid,the remainder of thie ordinance or the application of the provision to other- persona or cir- cumstances shall not be affected. Section 3 This ordinance shall be in full force and effect 30 days after its final Passage, apprOval and rmblication, as provided by law and by the City Charter. PASSED BY THE CITY C0UN0IL signed and approved this A* day of Ali December 1961,, 11/ 67 AOP ylaYor ATTESn. • •