The following city sales taxes, in the total amount of 5%, shall be imposed and effective as indicated, unless otherwise extended by a vote of the people. Said taxes have been approved by a majority of the registered voters of the city voting on same in elections conducted in the manner prescribed by Oklahoma Statutes.
(A) General Fund.
(1) Tax imposed. There is hereby levied an excise tax of 2% upon the gross proceeds or gross receipts derived from all sales taxable under the Oklahoma Sales Tax Code.
(2) Sale defined. A SALE shall include the sale, preparation or service of ice or nonalcoholic beverages that are sold, prepared or served for the purpose of being mixed with alcoholic beverages for consumption on the premises where such sale, preparation or service occurs, including, but not exclusive of, those sales listed in statute.
(B) Hospital facilities; water improvement; capital improvements.
(1) Tax imposed. There is hereby imposed within the city, an excise tax of 1% in addition to any and all other excise taxes now in force, to be levied and assessed upon the gross proceeds or gross receipts derived for all sales to any person taxable under the sales tax law of the state including, but not limited to, those sales enumerated in Ordinance 525 of the City of Holdenville, pertaining to the present municipal sales tax.
(2) Purpose of revenues.
(a) Effective October 1, 1983, it is hereby declared to be the purpose of this division (B) to provide revenues to be used by the city’s public works authority for hospital purposes, including, but not limited to, the payment of debt service on indebtedness incurred by said authority; costs of planning and constructing, renovating, expanding and improving the hospital facilities, including the cost of feasibility studies, land acquisition, financing expenses and extending utilities thereto; the costs of expenditures made to improve the hospital facilities and the purchase of equipment and furnishings; the costs of operation and maintenance of the hospital; and for other related purposes; and to provide revenues to be used by the city’s Public Works Authority to finance improvements to the waterworks system operated by the city’s public works authority. One-half of the revenues collected pursuant to this division (B) shall go to provide revenues for the above listed hospital purposes; the remaining one-half of the revenues collected pursuant to this division (B) shall be used to provide revenues for the above listed waterworks improvements.
(b) Effective October 11, 2005, it is hereby declared to be the purpose of this division (B) and the excise tax levied hereunder to provide revenues to be used by the city, or any public trust having the city as beneficiary thereof, for the purpose of operating, maintaining, purchasing, constructing, and equipping capital improvements, for the use and benefit of the city and any public trust having the city as beneficiary thereof and/or for the payment of debt service in connection with obligations issued to finance said capital improvements.
(3) Effective date. This division (B) shall become and be effective on and after October 1, 1983, subject to approval of a majority of the registered voters of the city, voting on same in the manner prescribed by 11 O.S. §§ 16-101 to 16-113, inclusive.
(4) Termination of tax.
(a) All of the said revenues pledged pursuant to this division (B) for hospital improvements shall cease to be used for hospital improvements once indebtedness relating to the hospital improvements has been retired, said revenues shall at that time be combined with the revenues already pledged to the financing of waterworks improvements to help retire all outstanding indebtedness incurred with respect thereto; or, in the event certain indebtedness relating to the waterworks improvements is retired prior to the indebtedness relating to the hospital improvements, then said revenues pledged pursuant to this division (B) for waterworks improvements shall cease to be used for waterworks improvements and shall at that time be combined with the revenues already pledged to the hospital improvements to help retire all outstanding indebtedness incurred thereto.
(b) The provisions of this division (B) and the collection of the excise tax referenced herein shall become effective on and after October 11, 2005, for the purposes stated in division (B)(2)(b) of this section subject to approval by a majority of the qualified electors of the city, voting on the same in the manner prescribed by law. The provisions of this division (B) and the collection of the excise tax referenced herein shall have no stated termination date.
(C) Hospital District.
(1) Tax imposed. There is hereby imposed an excise tax of 1% (in addition to any and all other excise taxes now in force) to be levied upon the gross proceeds or gross receipts derived from all sales taxable under the Oklahoma Sales Tax Code.
(2) Purpose of revenues. It is hereby declared to be the purpose of this division (C) to provide revenues to be used to further any lawful purpose of the hospital owned by the city, and leased to the Holdenville Hospital Authority which is currently doing business as Holdenville General Hospital, including, but not limited to, the support, capital improvements for, and operation and maintenance of said hospital and for no other purposes.
(3) Effective date. The provisions of this division (C) shall become affective on and after August 24, 2004, subject to approval of a majority of the qualified electors of the city voting on the same in the manner prescribed by law.
(D) Water system.
(1) Tax imposed. There is hereby imposed an excise tax of 1% (in addition to any and all other excise taxes now in force) to be levied upon the gross proceeds or gross receipts derived from all sales taxable under the Oklahoma Sales Tax Code.
(2) Purpose of revenues. It is hereby declared to be the purpose of this division (D) and the excise tax levied hereunder to provide revenues for the purpose of purchasing, constructing, and equipping water system improvements to include water supply, reservoir and dam facilities, and pumping and storage facilities, for the use and benefit of the city and any public trust having the city as beneficiary thereof and/or for the payment of debt service in connection with obligations issued to finance said water system improvements.
(3) Effective date. The provisions of this division (D) and the collection of the excise tax referenced herein shall become effective on and after July 1, 2005, subject to approval by a majority of the qualified electors of the city, voting on the same in the manner prescribed by law.
(4) Termination of tax. The provisions of this division (D) and the collection of the excise tax referenced herein shall have no termination date.
(Prior Code, § 3-2-1) (Ord. 477, passed - -; Ord. 525, passed - -; Ord. 543, passed 6-21-1983; Ord. 553, passed 6-18-1985; Ord. 614, passed 8-3-2004; Ord. 617, passed 12-6-2004; Ord. 619, passed 7-19-2005)