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(A) All corporations, companies and associations not incorporated under the laws of the state which are engaged in the city in effecting fire insurance shall pay to the City Treasurer on July 15 of each year a sum equal to 2% of the gross receipts of the premiums received by such corporation, association or company, or their agency, agent or agents, for business effected for fire insurance on property situated within the city for the year preceding July 1. The sum above-named shall be as a tax or license fee upon all such corporations, companies or associations transacting business within the city.
(B) Every person acting as an agent or otherwise for or on behalf of any such corporation, company or association shall, on or before July 15 of each year, render to the City Clerk a full, true and just account, verified by oath, of all premiums which during the year ending on July 1 preceding were received by him or her or any other person for him or her, on behalf of such corporation, company or association, and shall fully and specifically set out in said report the amount or amounts received as premiums for fire insurance.
(C) The agent shall also, at the time of making the above-mentioned report, pay to the City Treasurer the tax or license fee imposed by this section.
(D) If such an account is not rendered on or before July 15, or if the above-mentioned tax or license fees are unpaid after that day, it shall be unlawful for any such corporation, company or association to transact any business of fire insurance in this city until the requirements hereof are fully complied with. This provision shall not relieve any company or corporation or association from the payment of any such risk that may be taken in violation hereof.
(E) If any such corporation, company or association fails to render the report herein designated by the day required, or if the above-mentioned rates as a tax or license fee remain unpaid after the day designated, every such corporation, company or association shall be penalized as provided in § 35.999, and, in addition to such penalty, the city shall recover in action, in its name, for its use, against such corporation, company or association the full amount of the tax or license fee which would be due under the provisions of this section.
(F) All moneys received under the provisions of this section shall be paid by the City Treasurer upon receipt directly to the Fire Department of the city with the provision that the City Auditor shall annually audit the 2% Fire Tax Fund of the Fire Department as part of the regular city audit.
(1999 Code, § 35.06) (Ord. 973, passed 2-2-1981) Penalty, see § 35.999