(a) Upon every person engaging or continuing within the City in the business of furnishing any real or tangible personal property, which has a tax situs in this City, or any interest therein for hire, loan, lease or otherwise, whether the return is in the form of rentals, royalties, fees or otherwise the tax imposed by this article shall be tenths of one percent of the gross income of any such activity. (Ord. 476. Passed 11-7-22.)
(b) The term “tangible personal property,” as used in this section, shall not include money or public securities.
(Ord. 203. Passed 5-17-76.)