A. Imposition of Tax. Every person engaged in the business of extracting oil from any well having its surface or bottom within the city, shall pay to the Collector, on or before the last day of the month following the end of each calendar quarter, or following the end of any month in which such extraction ceases, a business tax therefor in an amount equal to eight cents for each barrel of crude oil extracted during the next preceding calendar quarter or if such extraction has ceased, for each barrel of crude oil extracted after the end of the last calendar quarter, in addition to the drilling permit fee required by Section 15.45.030 of this code and any other tax imposed by this chapter or by any other law.
B. Report. Every such person shall, on or before the day said tax is due, make a written report to the Collector, on a form obtained from him, stating the total number of barrels of crude oil extracted from each such well, and the total of such oil extracted, by such person during the next preceding calendar quarter, or if such extraction has ceased, for the period between the last reported such extraction and such cessation of extraction. (Ord. 2466 § 1, 1983; Ord. 2225 § 1, 1978; Ord. 2063 § 2 (part), 1975).