(A) Pursuant to the approval of the electors of the city, at the general election held on November 4, 2008, there is hereby adopted a sales and use tax to be effective on and after April 1, 2009, of 1.5% upon the same transactions within the corporate limits of the city on which the state is authorized to impose a tax pursuant to the provisions of Neb. RS 77-2701 et seq., as amended from time to time.
(B) The administration of the sales and use tax imposed by this section, the making of returns for the ascertainment and assessment, the provision for tax claims and remedies, the laws governing consummation of sales, penalties, and collection, and the disposition and distribution of the taxes so imposed and collected shall be as provided by Neb. RS 77-2701 et seq., and including Neb. RS 77-27,142 et seq., as amended, said latter statutes being known as the Local Option Revenue Act, being Neb. RS 77-27,142 through 77-27,148, and pursuant to the conditions contained in the ballot language, that being that the purpose of the tax is to establish an Improvement Fund to assist in the replacement and repair of streets and sidewalks, infrastructure consisting of water and wastewater mains and lines, water source development, water wells and storage, and public lighting of streets and highways within the city limits for any of the aforementioned infrastructure improvements.
(C) The City Clerk shall mail a certified copy of this section, a certified copy of a map of the city, clearly showing the boundaries of the city and a certified copy of the election results to the state’s Department of Revenue immediately after the passage of this section, and at least 120 days prior to April 1, 2009.
(D) The sales and use tax imposed herein shall continue until a period of 15 years from the effective date has expired, and the state’s Tax Commissioner shall be notified thereof pursuant to Neb. RS 77-27,143, as amended.
(Prior Code, § 1-923) (Ord. 753, passed 11-17-2008)