O69-06 ORDINANCE NO..69.-~..
AN ORDINANCE OF THE CITY OF BOYNTON BEACH,
FLORIDA, AMENDING SECTION 26-10 OF THE CODIFIED
ORDINANCES OF SAID MUNICIPALITY, IMPOSING
EXCISE TAX AGAINST CASUALTY INSURANCE COMPANIES
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 26-10 of the Codified Ordinances of the
City of Boynton Beach, be, and the same, is hereby amended to read:
"Section 26-10. Fire or tornado insurance companies, excise on -
Levied. There is hereby assessed and imposed on every insurance company,
corporation or other insurer now engaged in or carrying on, or who shall
hereafter engage in or carry on, the business of insuring property against
loss or damage by fire or tornado, an excise or license tax amounting to two
percent of the gross amount of receipts of premiums from policyholders on
all premiums collected on fire and tornado insurance policies covering
property within the corporate limits of the city. The license tax herein
assessed and imposed shall be in addition to all other license taxes now levied
by 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 portion 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.
S_ec..tion 4: R. epea. ling Provisions: All ordinances or parts of
or'dinances in conflict herewith are hereby repealed.
Section 5: Penalty Provisions: Any person, firm or corporation
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 imprison-
m ent.
Section 6: Effective Date: This Ordinance shall become effective
at 12:01 A.M., Julyl, 1969.
~ First reading this ~ ~ i~day of [~yaj' ~f , 1969.
Second, fingl reading and passage this i~J ~-day. . of ~Y_~ ,
A.D. 1969,
CITY OF BOYNTON BEACH, FLORIDA
(Co ancilr~an
City Clerk '
CORP SEAL