Upon every person engaging or continuing within this City in the business of furnishing any real or tangible personal property which has a tax situs in this City, or any interest therein, for hire, loan, lease, or otherwise, whether the return be in the form of rentals, royalties, fee or otherwise, the tax shall be one percent of the gross income of any such activity.
The term “tangible personal property” as used herein, shall not include money or public security. (Ord. 98-10. Passed 5-7-98.)