Loading...
O69-07 OROINANCE NO. AN ORDINANCE OF THE CITY OF BOYNTON BEACH, FLORIDA, AMENDING SECTION 26-1 OF THE CODIFIED ORDINANCES OF SAID MUNICIPALITY, IMPOSING EXCISE TAX AGAINST CASUALTY INSURANCE COMPANrES DOING BUSINESS WITHIN THE MUNICIPAL LIMITS OF SAID CITY; PROVIDING FOR AUTHORITY TO CODIFY, SAVINGS CLAUSE, REPEALING PROVISIONS, AN EFFECTIVE DATE, PENALTY PROVISIONS AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF.THE CITY OF BOYNTON BEACH, FLORIDA: Section 1: That Section 26-1 of the Codified Ordinances of the City of Boynton Beach be, and the same is hereby amended to read: "Sec. 26-1: Casualty Insurance Companies, Excise Imposed. There is hereb~ assessed, imposed and levied on every insurance company, corporation or other insurer now engaged in or carrying on, or which shall hereafter engage in or carry on the business of insuring with respect to cast~l ty risks, as show~ by the records of the Insurance Commissioner of the State of Florida, an exci~ or license tax in addition to any license tax or excise tax now levied by the city, which tax shall be in the amount of one percent of the gross amount of receipts of premiums from policy holders on all premiums collected on casualty insurance policies, covering property within the city." Section 2: SeParability.~ Each of the provisions of this Ordinance are separable, including word, clause, phrase or sentence, and if any portion hereof shall be declared invalid, the remaining porlion shall not be affected but shall remain in full force and effect. Section 3: Authority to Codify: Specific authority is hereby granted to codify and incorporate this Ordinance in the City's existing Code. Section 4: Repealing Provisions: All ordinances or parts of ordinances in conflict herewith are hereby repealed. Section 5: Penalty Provisions: Any person, firm or corpor- ation convicted of violating the provisions of this Ordinance shall, upon conviction thereof, be penalized by fine not exceeding $500.00 and costs of prosecution, or imprisonment not exceeding ninety days, or by both such fine and imprisonment. Section 6: t~ffective Date: ~This Ordinance shall become effective in the manner and at the time provided in the charter and Ordinances of the City of Boynton Beach, Florida. First reading this i~ay of (~f~ ~/ , 1969. Second, final reading and passage this [~)~ day of~~ .. ' ~' A.D. 1969. CITY OF BOYNTON BEACH, FLORIDA ' e ay, r ~ C~unCilman - (~ SEAL