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HomeMy WebLinkAbout1977-07 - Amendments to Ordinance 326-3 and 76-08 BILL N0.~7 ORDINANCE No. ~ 7 7 AN ORDINANCE At9ENDING ORDINANCE N0. 326-3 AND 76-8 (DESIGNATID CODE SECTION 12.17) ONLY WITH RESPECT TO DEFINITION OF GROSS RECEIPTS. BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: SECTION 1. Ordinance No. 326-3 and 76-8 are amended so that the City's utility tax ordinance shall read as follows: 12.17 UTILITY TAX Section 1. Every gas, electricity, water or telephone company and every corporation, company, association, joint stock company or association, partnership and person, their lessees, trustees or re- ceivers appointed by any court whatsoever, owning, operating, managing, leasing or controlling a gas, electricity, water or telephone plant or system for the manufacture, distribution, sale or furnishing of gas (natural or manufactured), electricity, water or telephone service, shall, in addition to all other taxes, payments or requirements now or hereinafter required by law or city ordinance, pay to the City as a license fee a sum equal to seven percent (7%) of the licensee's gross receipts from the sale of gas, electricity, water or telephone service sold for domestic, commercial and industrial purposes within the limits of the City under the licensee's applicable rate schedules on file with and approved by the Public Service Commission of Missouri. Provided however, said ross recei is shall not include an recei is co ecte y t e uti ity pursuant to t e City s sa es tax nor any recei is collecte ursuant to t is ordinance. T e licensee shall not later than Fe ruary 1 an August respectively of each year make a report to the governing body of the City of its said gross receipts for the six (6) months' period preceding December 31 and June 30 respectively and at the time of making such reports shall pay into the city treasury the aforesaid license fee based upon the gross receipts so reported. The acceptance of such fees shall not prejudice the right of the City to collect any additional fee thereafter found to be due. Due upon its gross receipts for any period by reason of its inability to determine accurately the amount properly due, licensee shall be entitled following a determination of the overpayment to deduct such overpayment and receive a credit therefor against the amount of license fee due for the next succeeding period or periods following the determination of the overpayment. The City, by its duly authorized representatives, shall have the right, at all reasonable times during business hours, to make such examinations and inspections of the books of such licensee as may be necessary to determine the correctness of such reports. The City shall have the right, at its own expense, to employ the same accounts who make the annual audit of the books, records and accounts of the business of the licensee, to audit, at the same time, the licensee's accounts and records and certify as to r . the correctness of any payments due and payable by the licensee to the City. The City may at its option employ independent accounts to inspect the books, records and accounts of the licensee. SECTION 2. Ordinance 326-3 and Code Section 12.17 shall remain in full force and effect without change except as PASSED THIS .~~ DAY OF tJ}~ 1977. MAYOR ATTEST: ~~ /~~~,uJt.~~v CITY C RK APPROVED THIS~DAY OF 1977. MAYOR