(A) Pursuant to the provisions of Tenn. Code Ann. § 57-4-301, there is imposed by the Town of Collierville on all persons engaging in the business of selling at retail alcoholic beverages for consumption on the premises a privilege tax. The tax, to be levied annually, shall be as follows:
Restaurant, according to seating capacity, on licensed premises:
75-125 seats $600;
126-175 seats $750;
176-225 seats $800;
226-275 seats $900;
276 seats and over $1,000.
(B) The Finance Department is directed to levy and collect the aforementioned privilege tax from all persons licensed to sell alcoholic beverages at retail for consumption on premises within the corporate limits of Collierville.
(`83 Code, § 2-113) (Ord. 2001-15, passed 7-9-01)