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HomeMy WebLinkAbout05371ORDINANCE NO. 5371 AN ORDINANCE AMENDING SECTION 3 OF CHAPTER 9, TITLE XIV OF THE 1971 CODE OF ORDINANCES RELATING TO LODGER'S TAX AND REDUCING THE RATE OF SUCH TAX FROM FOUR PERCENT TO THREE AND ONE -HALF PERCENT BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that: (Brackets indicate material being deleted; underscoring indicates material to be added.) gPrTTnM 1- Section 3 of Chapter 9, Title XIV of the 1971 Code of Ordi- nances is hereby amended to read as follows: 14 -9 -3: LEVY OF TAX [(a)] There is hereby levied upon every person who purchases lodging a tax at the rate of three and one -half per cent (3.5%) [four per cent (4%)] of the price paid or charged for such lodging and such person shall be liable to the person providing the lodging for the payment of such tax. This tax shall be in addition to any other tax imposed by law. [(b) Notwithstanding the above four per cent (4 %) rate provision of Section 14- 9 -3(a), for the period from 12:00 P.M. (noon), July 1, 1986 through 12:00 (noon), January 1, 1987, the rate of tax imposed pursuant to this Section 14 -9 -3 shall be three and one -half per cent (3.5%).] SECTION 2. This Ordinance shall become effective January 1, 1987. INTRODUCED: December 8, 1986 By ALLYN MIDDELKAMP Councilman ATTEST: APPROV D: /� /" ry�" Ci y Clerk President of the City Council