Commencing upon adoption of this chapter, an annual fee of $50 for the period of May 1, 2023 to April 30, 2024, $75 for the period of May 1, 2024 to April 30, 2025, and $100 per year each year thereafter, is hereby imposed upon each video gaming terminal operated by a licensed establishment, licensed fraternal establishment, licensed veterans establishment or licensed truck stop establishment within the city in accordance with the provisions of the Illinois Gaming Act, 230 ILCS 40/1 et seq. (the “Act”). The fee paid for each video gaming terminal shall be for the fiscal year May 1 through April 30, and the fee paid during a fiscal year shall apply until the end of the fiscal year in which paid. Any continuing operation of a video gaming terminal shall require the payment of a new annual fee on or before May 1 of each year for the ensuing fiscal year.
(Ord. 2012-9-3, passed 9-11-2012; amd. Ord. 2023-02-02, 2-14-2023)