Loading...
Ordinance No. 587 - Transient Occupancy Tax• 0 ORDINANCE NO. 587 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD INCREASING THE TRANSIENT - OCCUPANCY TAX THE CITY COUNCIL OF THE CITY OF ROSEMEAD ORDAINS AS FOLLOWS: E SECTION 1. Section 6602 of the Rosemead Municipal Code is amended to read as follows: "Tax Imposed. For the privilege of occupancy in any motel, hotel, each transient is subject to and shall pay a tax in the amount of eight percent (8%) of the rent charged by the operator. Said tax constitutes a debt owed by the transient to the City which is extinguished only by payment to the operator or to the City. The transient shall pay the tax to operator of the motel or hotel at the time the rent is paid. If the rent is paid in installments, a pro- portionate share of the tax shall be paid with each installment. The unpaid tax shall be due upon the transient's ceasing to occupy space in the motel or hotel. If for any reason the tax due is not paid to the operator of the motel or hotel, the Tax Administra- tor may require that such tax shall be paid directly to the Tax Administrator." SECTION 2. If the City of Rosemead and the Rosemead Building Trust Fund, an affiliate of the Rosemead Chamber of Commerce, agree on terms and conditions regarding the construction and operation of the Rosemead Visitor's Center, then the Finance Officer shall earmark twenty-five percent (25%) of the total funds collected hereunder for such project for a period of four (4) years from the effective date hereof. SECTION 3. This Ordinance shall become effective September 1, 1986. PASSED, APPROVED and ADOPTED this 8th day of. July, 1986. i ATTEST: AYO Ci' Clerk