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A BILL FOR AN ORDINANCE TO BE ENTITLED AN ORDINANCE TO AMEND SECTION 3; SECTION 6, ITEMS 2, 4, 8, 10, 12, 13, 14, 17, 20, 21, 34, 36, 53, 55, 57, 58, 62, 68, 70, 75, 78, 82, 83, 89, 93, 97, 99, 100, 106, 107, 110, 111, 120, 125, 129, 132, 136, 138, 139 AND 141; AND SECTION 10 OF ORDINANCE NO. 757 (OCCUPATION TAXES); AND FOR OTHER PURPOSES
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BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS:
SECTION 1. That Section 3 of Ordinance No. 757 of the Ordinances of the City of Jonesboro be and is hereby amended to read as follows:
“Section 3. For the sake of convenience and to avoid repetition under several items, the following schedule of licenses to be charged is hereby created and defined and called “Schedule A” and herein referred to as “Schedule A.”
“Schedule A. The said license fees as fixed by this ordinance under Schedule A shall be respectively levied as follows, to-wit:
Schedule A.
“All businesses, merchants or traders, either wholesale or retail, where merchandise is sold, unless otherwise herein provided for, shall pay an annual license fee and occupation tax of four-tenths of one percent of the average stock of merchandise carried on hand, where the total stock on hand is $10,000 or less; for all merchandise carried on hand in excess of $10,000 but less than $20,000, the said tax shall be three-tenths of one percent for such excess; and for all merchandise carried in excess of $20,000 the said tax shall be two-tenths of one percent on all stock carried on hand in excess of $20,000, provided that the annual license fee and occupation tax of any such business shall not be less than $10.00.”
SECTION 2. That Section 6, Items 2, 4, 8, 10, 12, 13, 14, 17, 20, 21, 34, 36, 53, 55, 57, 58, 62, 68, 70, 75, 78, 82, 83, 89, 93, 97, 99, 100, 106, 107, 110, 111, 120, 125, 129, 132, 136, 138, 139 and 141 of Ordinance No. 757 of the Ordinances of the City of Jonesboro be and are hereby amended to read as follows:
Item No. License Fee
2. ...
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