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HomeMy WebLinkAbout1996-059 - Use Tax for General Revenue Purposes8742S; 06/03/96 BILL NO. 96-59 ORDINANCE NO. 96-59 AN ORDINANCE OF THE CITY OF RIVERSIDE, MISSOURI, IMPOSING A USE TAX FOR GENERAL REVENUE PURPOSES AT THE RATE OF ONE PERCENT ( 1.00 0) FOR THE PRIVILEGE OF STORING, USING AND CONSUMING WITHIN THE CITY ANY ARTICLE OF TANGIBLE PERSONAL PROPERTY PURSUANT TO THE AUTHORITY GRANTED BY AND SUBJECT TO THE PROVISIONS OF SECTIONS 144.600 THROUGH 144.763 RSMo.; PROVIDING FOR THE USE TAX TO BE REPEALED, REDUCED OR RAISED IN THE SAME AMOUNT AS ANY CITY SALES TAX IS REPEALED, REDUCED OR RAISED; AND PROVIDING FOR SUBMISSION OF THE PROPOSAL TO THE QUALIFIED VOTERS OF THE CITY FOR THEIR APPROVAL AT THE PRIMARY ELECTION CALLED AND TO BE HELD IN THE CITY ON AUGUST 6, 1996. BE IT ORDAINED BY THE BOARD OF ALDERMEN OF CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: Section 1. Pursuant to the authority granted by, and subject to, the provisions of Sections 144.600 through 144.763 RSMo., a use tax for general revenue purposes is imposed for the privilege of storing, using or consuming within the City any article of tangible personal property. This tax does not apply with respect to the storage, use or consumption of any article of tangible personal property purchased, produced or manufactured outside this state until the transportation of the article has finally come to rest within this City or until the article has become commingled with the general mass of property of this City. Section 2. The rate of the tax shall be one percent (1.00$), If any City sales tax is repealed or the rate thereof is reduced or raised by voter approval, the City use tax rate shall also be deemed to be repealed, reduced or raised by the same action repealing, reducing or raising the City sales tax. Section 3. This tax shall be submitted to the qualified voters of Riverside, Missouri, for their approval, as required by the provisions of Section 144.757 RSMo., at the primary election hereby called and to be held in the City on Tuesday, the 6th of August, 1996. The ballot of submission shall contain substantially the following language: Shall the City of Riverside impose a local use tax at the same rate as the local sales tax, currently at a rate of one percent (1.00 %) provided that if any local sales tax is repealed, reduced or raised by voter approval, 2 the respective local use tax shall also be repealed, reduced or raised by the same action? A use tax return shall not be required to be filed by persons whose purchases are out of state vendors do not in total exceed two thousand dollars in any calendar year. Yes 0 No 0 Instructions to voters. If you are in favor of the question, darken the oval next to the word Yes. If you are opposed to the question, darken the oval next to the word No. Section 4. If the ballots are submitted on August 6, 1996, and if a majority of the votes cast on the proposal by the qualified voters voting thereon are in favor of the proposal, then the ordinance and any amendment thereto shall be in effect October 1, 1996, provided the Director of Revenue receives notice of adoption of the City use tax on or before August 16. If the ballots are submitted after December 31, 1996 and if a majority of the votes cast on the proposal by the qualified voters voting thereon are in favor of the proposal, then the ordinance and any amendments thereto shall be in effect on the first day of the calendar quarter which begins at least forty-five days after the Director of Revenue receives notice of adoption of the City use tax. Section 5. Within ten (10) days after the approval of this ordinance by the qualified voters of Riverside, Missouri, the City Clerk shall forward to the Director of Revenue of the State of Missouri by United States registered mail or certified mail, a certified copy of this ordinance together with certifications of the election returns and accompanied by a map of the City clearly showing the boundaries thereof. Section 6. This ordinance shall be in full force and effect from and after the date of its passage and approval. PASSED THIS `~~~ ' ! DAY OF % '.~ .t_-•' 19 ~~ ,~~ i -MAYOR ATTEST: j ,',5 ,.~./~ - In ... 4_ i (>C.l CITY CLERK APPROVED THIS '~'~ ~ ~~ DAY OF i '~ i ~ 1996. ~YOR