HomeMy WebLinkAbout208 - Ordinances ORDINANCE NO. 208
AN ORDINANCE OF THE CITY OF RANCHO CUCAMONGA,
CALIFORNIA AMENDING SUBSECTION A5 OF SECTION
5.04.290 OF THE RANCHO CUCAMONGA MUNICIPAL CODE TO
CLARIFY THE MEANING OF GROSS RECEIPTS OF REAL ESTATE
BROKERS FOR THE PURPOSES OF BUSINESS LICENSE TAXES
The City Council of the City of Rancho Cucamonga, California, does
ordain as follows:
SECTION 1: Subsection A5 of Section 5.04.290 of the Rancho Cucamonga
Municipal Code is hereby amended to read as follows:
5. In the case of real estate brokers
maintaining an office within the city, all real
estate commissions will be included when reporting
the gross receipts of the business except such
portion of gross receipts reflecting sales made of
real property out of the city where the outside
sales are required to be reported and business
license paid thereon to another community. In the
case of real estate brokers maintaining an office
within the city, gross receipts shall not be reduced
because of any compensation paid, directly or
indirectly, to a real estate sales person licensed
under such broker. In the case of real estate
brokers not maintaining an office within the city
only real estate salesmen's commissions from sales
of real property within the city shall be reported
as gross receipts.
and in all other respects, Section 5.04.290 of the Rancho Cucamonga Municipal
Code shall remain the same.
SECTION 2: Section 1 of this Ordinance shall become effective on the
thirtieth day following the adoption of this Ordinance, or on January 1, 1984,
whichever is later.
SECTION 3: The Mayor shall sign this Ordinance and the City Clerk
shall attest to the same, and the City Clerk shall cause the same to be
published within fifteen (15) days after its passage, at least once in The
Daily Report, a newspaper of general circulation, published in the City of
Ontario, California, and circulated in the City of Rancho Cucamonga.
PASSED, APPROVED, and ADOPTED this 21st day of September, 1983.
AYES: Dahl, Buquet, Frost, Mikels
NOES: None
ABSENT: Schlosser
//Jo~/D~Mikels, Mayor
ATTEST: