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HomeMy WebLinkAboutOrdinance 1498 ORDINANCE NO. 1498 BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND HILLS, TEXAS, that: 1. There is hereby levied a tax upon the cost of occupancy of any sleeping room furnished by a hotel (when the cost of occupancy is more than $2.00 per day). The tax hereby levied and assessed is 7% of the consideration paid by the occupant of the sleeping room of the hotel. 2. The definition of hotel is that definition given in Article 1269j-4.1, Vernon Revised Civil Statutes of Texas, being Section 156.001 of the State Taxation Code. 3. The monies shall be collected by each hotel and shall be paid to this City on a quarterly basis on the last day of January, April, July, and October of each year. The first payment under this rate shall come due on the last of January, 1988. 4. The monies collected by the City shall be placed in a special fund and shall be used only for those purposed authorized by the statutes of this state governing such matters. 5. The rates established by this ordinance shall be in full force and effect on and after October 1, 1987. The rates established by Ordinance No. 774 shall remain in effect until October 1, 1987. PASSED AND APPROVED this 28th day of September, 1987. ~~ Mayor ATTEST: ~¡J~ '0-; Secretary APPROVED AS TO FORM AND LEGALITY: