HomeMy WebLinkAboutO-546ORDINANCE NO. 546
AN ORDINANCE TO AMEND ORDINANCE NO. 544 FOR LICENSE SCHEDULE
OF THE CITY OF FAIRHOPE, ALABAMA, TO CHANGE SECTION 1(32) TO
INCLUDE ALL NATIONAL BANKS AND TO ADD TO SECTION 1 THAT ALL
LICENSEES MAY PAY ON A QUARTERLY BASIS BEGINNING ON THE FIRST DAY
OF EACH QUARTER OF THE CALENDAR YEAR.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAIRHOPE,
ALABAMA, as follows:
SECTION 1. LICENSE SCHEDULE. That the following be and
the same is hereby declared to be the charges for licenses for
the calendar year beginning January 1, 1975 and ending December
31, 1975 and the same is hereb y levied for the calendar year
1975 and for each calendar year thereafter until the same has
been amended or appealed, on all persons engaged in any ex-
hibition, trade, business, vocation, occupation, profession or
calling or doing any action herein specified within the corpor-
ate limits and the police jurisdiction of the City of Fairhope.
Said licenses shall be paid to the City of Fairhope as set forth
in the schedule of licenses as follows: but that the same may
be paid on a quarterly basis at the election of the licensee
during the month of January of each calendar year.
Further, that Section 1 (32) be, and the same is hereby
amended to read as follows:
$ 50, 000. 00
-
- -
- - -
- - - - - - - -
- - -$
10.00
$ 50,000.00
and
less
than
$100,000.00
$
20.00
$100,000.00
and
less
than
$150,000.00
$
30.00
$150,000.00
and
less
than
$200,000.00
$
40.00
$200,000.00
and
less
than
$250,000.00
$
50.00
$250,000.00
and
less
than
$300,000.00
$
60.00
$300,000.00
and
less
than
$350,000.00
$
70.00
$350,000.00
and
less
than
$400,000.00
$
80.00
$400,000.00
and
less
than
$450,000.00
$
90.00
$450,000.00
and
less
than
$500,000.00
$
100.00
$500,000.00
and
less
than
$600,000.00
$
110.00
$600, 000. 00
and
over
- - -
- - - - - -- -
- - - $
125.00
The term "undivided profits" as used in this schedule, shall
be construed to mean the undivided profits as shown by the books
of the operator, together with the report made by said operator
to the Superintendent of banks of the State of Alabama for the
last preceding calendar year.
ADOPTED THIS THE 23rd DAY OF DECEMBER, 1974.
THIS ORDINANCE SHALL TAKE EFFECT UPON ITS DUE ADOPTION
AND PUBLICATION AS REQUIRED BY LAW.
CITY OF FAIRHOPE
James P. Nix
Mayor
Attest: Marie Moore
City Clerk
I, Marie Moore, Clerk of the City of Fairhope, Alabama do hereby
certify that the foregoing is a true and correct copy of
Ordinance No. 546 as adopted by the Fairhope City Council at
their regular meeting of December 23, 1974.
f
Clerk of the City of Fairhope, Ala.