AN ORDINANCE MAKING A TECHNICAL CORRECTION TO SECTIONS 10-185, 10-193, 10-194, AND 10-195 OF THE CODE OF ORDINANCES (2006-06-26/O-2)

 

BE IT ORDAINED by the Council of the Town of Chapel Hill as follows:

 

Section 1.  Section 10-185 of the Town Code is hereby revised to read as follows:

 

Sec. 10-185. Miscellaneous.

Every person engaged in a non-exempt business for which a specific tax is listed in this section specifically for that type of business shall pay an annual tax based on the gross receipts of said business and based on the following schedule:

 

TABLE INSET:

 

Gross receipts

Tax

$0--50,00025,000.00

$25.00

$25,000.01—50,000.00

$50.00

$50,0001.01--100,000.00

 50.00$75.00

$100,000.01—500,000.00

$100.0075.00

$500,000.01—1,000,000.00

$125.00

$1,000,000.01—2, 00,000.00

$150.00

$2,000,000.01 – 3,000,000.00

$225.00

over $3,000,000.00100,000

$300.00

 

 

(Ord. No. 2001-4-09/O-5, § II)

 

Section 2.  Section 10-193 of the Town Code is hereby revised to read as follows:

 

Sec. 10-193. Security dealers.

Every person engaged in the business of dealing in securities, as defined in North Carolina Securities Act [G.S. Ch. 78A] and who maintains a place for or engages in the business of buying or selling shares of stock in any corporation, bonds, or any other securities on commission or brokerage, shall pay an annual license tax based upon the annual gross receipts of the services provided by such business according to the following schedule:

 

TABLE INSET:

 

Gross receipts

Tax

$0--50,00025,000.00

$25.00

$25,000.01—50,000.00

$50.00

$50,0001.01--100,000.00

 50.00$75.00

$100,000.01—500,000.00

$100.0075.00

$500,000.01—1,000,000.00

$125.00

$1,000,000.01—2, 00,000.00

$150.00

$2,000,000.01 – 3,000,000.00

$225.00

over $3,000,000.00100,000

$300.00

 

(Ord. No. 2001-4-09/O-5, § II)

 

Section 3.  Section 10-194 of the Town Code is hereby revised to read as follows:

 

Sec. 10-194. Service establishments and businesses.

Every person engaged in the business of rendering or furnishing personal, financial, industrial, commercial, or home services to others for compensation and not otherwise specifically taxed under this chapter and not exempt from taxation for license tax purposes by the statutes of the state, shall procure a license for the privilege of engaging in such business in this town and shall pay for each store or place of business operated by him an annual tax based upon the annual gross receipts of the services provided by such business according to the following schedule:

 

TABLE INSET:

 

Gross receipts

Tax

$0--50,00025,000.00

$25.00

$25,000.01—50,000.00

$50.00

$50,0001.01--100,000.00

 50.00$75.00

$100,000.01—500,000.00

$100.0075.00

$500,000.01—1,000,000.00

$125.00

$1,000,000.01—2, 00,000.00

$150.00

$2,000,000.01 – 3,000,000.00

$225.00

over $3,000,000.00100,000

$300.00

 

(Ord. No. 2001-4-09/O-5, § II)

 

Section 4.  Section 10-195 of the Town Code is hereby revised to read as follows:

 

Sec. 10-195. Solicitors.

Every person who travels from place to place taking or offering to take orders for the sale of goods for future delivery or for personal services to be performed in the future, regardless of whether samples are displayed or money is collected in advance, and every person who uses or occupies any building or premises for the sole purpose of taking or offering to take orders for the sale of goods for future delivery or for personal services to be performed in the future, regardless of whether samples are displayed or money is collected in advance, shall pay a license tax as follows:

 

TABLE INSET:

 

Gross receipts

Tax

$0--50,00025,000.00

$25.00

$25,000.01—50,000.00

$50.00

$50,0001.01--100,000.00

 50.00$75.00

$100,000.01—500,000.00

$100.0075.00

$500,000.01—1,000,000.00

$125.00

$1,000,000.01—2, 00,000.00

$150.00

$2,000,000.01 – 3,000,000.00

$225.00

over $3,000,000.00100,000

$300.00

 

The license tax levied in this section shall not apply to any solicitor engaged in interstate commerce, but such solicitor shall secure a license appropriately marked to show such an exemption.

(Ord. No. 2001-4-09/O-5, § II)

 

Section 5.  This ordinance shall become effective upon adoption.

 

This the 26th day of June, 2006.