HomeMy WebLinkAboutOrdinance No. 09-1972r
MICROFILMED 3443
ORDINANCE NO. 9 -72
0RD: 01-79
AN ORDINANCE LEVYING AND IMPOSING UPON ALL INSURERS,
NOW OR HEREAFTER ENGAGING IN OR CARRYING ON THE
BUSINESS OF INSURING WITH RESPECT TO CASUALTY RISKS
AN EXCISE OR LICENSE TAX IN ADDITION TO ANY TAX NOW
LEVIED, OF 1% OF THE GROSS AMOUNT OF RECEIPTS OF ALL
PREMIUMS FROM CASUALTY INSURANCE POLICIES INSURING
PROPERTY WITHIN THE MUNICIPAL LIMITS OF THE CITY OF
CAPE CANAVERAL, FLORIDA; AND PROVIDING WHEN SAID TAX
SHALL BE DUE AND PAYABLE.
WHEREAS, THE LEGISLATURE OF THE STATE OF FLORIDA, BY
CHAPTER 28230, LAWS OF FLORIDA, 1953, CREATED A SPECIAL FUND KNOWN
AS THE "MUNICIPAL POLICE OFFICERS' RETIREMENT TRUST FUND" AND
THEREBY AUTHORIZED MUNICIPALITIES FALLING WITHIN THE PURVIEW OF
SAID ACT, TO LEVY AN ADDITIONAL TAX UPON SUCH INSURANCE CARRIERS
DESIGNATED IN SAID ACT, THE SAID PROCEEDS FROM SAID TAX TO BE USED
IN PARTIAL SUPPORT OF SAID FUND, AND
WHEREAS, IT IS THE DESIRE OF THE CITY OF CAPE CANAVERAL TO
PUT INTO FULL FORCE AND EFFECT THE PROVISIONS OF SAID CHAPTER 28230
IN SAID MUNICIPALITY,BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF CAPE CANAVERAL, FLORIDA:
SECTION 1. THAT THERE IS HEREBY ASSESSED, IMPOSED AND LEVIED
ON EVERY INSURANCE COMPANY, CORPORATION OR OTHER INSURER NOW ENGAGING
IN OR CARRYING ON, OR WHICH SHALL HEREAFTER ENGAGE IN OR CARRY ON THE
BUSINESS OF INSURING WITH RESPECT TO CASUALTY RISKS, AS SHOWN BY THE
RECORDS OF THE INSURANCE COMMISSIONER OF THE STATE OF FLORIDA, AN
EXCISE OR LICENSE TAX IN ADDITION TO ANY LICENSE TAX OR EXCISE TAX NOW
LEVIED BY THE CITY OF CAPE CANAVERAL, FLORIDA, WHICH SAID TAX SHALL BE
IN THE AMOUNT OF 1% OF THE GROSS AMOUNT OF RECEIPTS OF PREMIUMS FROM
POLICYHOLDERS ON ALL PREMIUMS COLLECTED ON CASUALTY INSURANCE POLICIES,
COVERING PROPERTY WITHIN THE CORPORATE LIMITS OF THE CITY OF CAPE
CANAVERAL, FLORIDA.
SECTION 2. THAT THE LICENSE OR EXCISE TAX HEREIN LEVIED SHALL
BE DUE AND PAYABLE. ANNUALLY ON THE FIRST DAY OF MARCH OF EACH YEAR
HEREAFTER.
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MICROFILMED 3.14 -80
SECTION 3. THIS ORDINANCE SHALL TAKE EFFECT IMMEDIATELY
UPON ITS ADOPTION.
ADOPTED BY THE CITY COUNCIL OF THE CITY OF CAPE CANAVERAL,
FLORIDA THIS 5TH DAY OF JULY 1972.
AYOR
CITY ATTORNEY
1
FIRST READING: JUNE 20, 1972
POSTED: JUNE 21, 1972
SECOND READING: JULY 5, 1972
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