On or before the last day of each calendar month, the City Director of Finance shall transfer to the Pikeville City Tourism and Convention Commission the gross of monies collected from the restaurant tax collected as of the twenty-fifth (25th) of the current month. The Pikeville City Tourism and Convention Commission shall reimburse the city five percent (5%) of the tax collected as reimbursement for the costs of collections, including but not limited to the cost of reporting forms, postage, court cost, attorney’s fees and all other expenses incurred in collection of this tax by the fifth (5th) day following the monthly transfer of funds.
(Ord. 0-2011-018, passed 6-13-11; Am. Ord. 0-2011-031, passed 10-10-11; Am. Ord. 0-2016- 024, passed 12-22-16)