Assessments shall be levied on each business licensed in the District of which the primary function is the sale of new automobiles. The assessment shall consist of two parts: (1) an assessment per dealership, and (2) an assessment for each vehicle sold. Until and unless changed by resolution of the City Council, the assessment shall be at the rate of $500.00 per month per dealership, and $20.00 per vehicle sold. “Vehicle Sold”, as used in this section includes new and used cars and trucks, excepting those sold to federal, state or local agencies which are exempt from state sales tax, excise tax and state vehicle license fees, and further (excepting vehicles sold at or through the wholesale vehicle auction).
(Ord. 1101, passed 11-6-91)