Upon every person engaging within this Municipality in the business of furnishing any real or tangible personal property, which has a tax situs in this Municipality or any interest therein for hire, loan, lease or otherwise, whether the return by in the form of rentals, royalties, fees, or otherwise, the tax return shall be one percent (1%) of the gross income of any such activity.
(Ord. 73-1. Passed 1-12-73.)