HomeMy WebLinkAbout1980-41 - Amendments to Section 12.1 of the Municipal CodeBILL N0. 80-41 ORDINANCE N0. 80-41
AN ORDINANCE AMENDING SECTION 3 OF CODE SECTION 12.1 AND FIXING
A NEW RATE OF OCCUPATIONAL LICENSE FEES ON BANKS.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF
RIVERSIDE, MISSOURI, AS FOLLOWS:
Section 1. Code Section 12.1, Section 3 shall be amended
to read as follows:
Banks, Savings F, Loans
and Credit Unions 5% of net income or $1,000.00 whichever
is less but in no event shall the
occupational license be less than
$50.00.
Section 2. All other aspects of Code Section 12.1 shall
remain in full force and effect.
Section 3. Should any section, sentence or clause of this
ordinance be declared invalid or unconstitutional, such declaration
shall not affect the validity of the remaining sections.
PASSED THIS a~r/ ~ DAY OF DECEMBER, 1980.
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MAY
ATTEST:
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APPROVED THIS ~Nd DAY OF DECEMBER, 1980.
MAYOR
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