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HomeMy WebLinkAboutOrdinance 1859ORDINANCE NO. %a " AN ORDINANCE AMENDING CENTRAL POINTMUNICIPAL CODE; SECTION 3.24.020 PER'I'AININGTO'I'RANSIEN"f LODGING'I'AXI S THE PEOPLE OF THE CITY OF CENTRAL POINT, OREGON, DO ORDAIN AS FOLLOWS: Section 1. Central Point Municipal Code Section 3.24.020 is hereby amended to read as follows: 3.24.020 Tax imposed. A transient shall pay a tax in the amount of (six) nine percent of the rent charged for the privilege of occupancy in a hotel in the city. The tax constitutes a debt owed by the transient to the city, and the debt is extinguished only when the tax is remitted by the operator to the city. The transient shall pay the tax to the operator at the time rent is paid. The operator shall enter the tax into the record when rent is collected if the operator keeps records on the cash accounting and when earned if the operator keeps records on the accrual accounting basis. If the rent is paid in installments, a proportionate share of the tax shall be paid by the transient to the operator with each installment. In all cases, rent paid or charged for occupancy shall exclude the sale of goods, services or commodities. Section 2. This ordinance implements a three percent increase in the transient lodging tax, from six percent to nine percent. In accordance with ORS 320.350(5) and (6), at least 70 percent of the net revenue from this three percent increase must be used to fund tourism promotion or tourism - related facilities, and no more than 30 percent of the net revenue from this increase may be used to fund city services. Section 3. This ordinance shall take effect October 1, 2005. Passed by the Council and signed by me in authentication of its passage this day of 2005. ATTraT �,/\, Mayor Hank Williams �! City Recorder Approved by me this i day of U ,t �— 2005. IQ Mayor Hank Williams