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HomeMy WebLinkAbout504 - Ordinances ORDINANCE NO. 504 AN ORDINANCE OF THE ~ OF THE CITY OF CUCAMDNGA AM~qDIN~ SUBSECTION 5.04.330 OF FOLLOWS: Sec. 1. Subeection 5.04.330 of the Rancho Cucamonga Municipal Code hereby is amended to read as follows: "5.04,330 Gross receipts t~Y~ -- Rental of Every person who engages in the above classification of kusiness shall pay a license tax for each year based on the following: 1. A base tax of twenty dollars will apply in all cases; 2. In addition, ninety cents per thousand dollars will be added to the base tax for the first one hundred thousand dollars of gross receipts of the business during the year; 3. If applicable, an additional forty oents per thousand dollars will be added to the above for the next six hundred fifty thousand dollars of gross receipts of the business; 4. If applicable, an additional twenty-five cents per thousand dollars will be added to the ab3ve for any amount of gross receipts over seven hundred fifty thousand dollars of gross receipts. ', Sec. 2. The City Clerk shall certify the passge of this Ord/nance. SECTION : The Mayor shall sign this Ordinance and tb~ City Clerk shall cause the same to be published within fifteen (15) days after its passage at least once in the Inland Valley Daily Bu]!etin, a newspaper of general circulation published in the City of Ontario, California, and circulated in the City of Rancho Cucamonga, California. PASSED, APPROV~D, and ADOPTED this 2nd day of December, 1992. AYES: Alexander, Buquet, Stout, Williams NOES: None ABS~]qT: None Ordinance No. 504 D~hra J. ~, City Clerk I, DwJ~A J. ADAMS, CITY CLERK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing Ordinance was introduced at a regular meeting of the Council of the City of Ranc~o Cucamonga held on the 18th day of November, 1992, and was finally passed at a regular meeting of the City Council of the City of Rancho CUcamonga held on tba 2nd day of December, 1992. Executed this 3rd day of December, 1992, at Ranch3 Cucamonga, California. Deza j. ~dd, city Clerk