(a) For the purpose of providing revenue for the use of the general fund of the City, an excise tax is hereby levied on each sale made in this City. The tax hereby levied is three percent (3%) of the price involved in each sale.
(b) Beginning January l, 1990 an excise tax in addition to the tax described in subsection (a) of this section is hereby levied on each sale made in this City at the rate of three percent (3%) of the price involved in each sale. Such additional tax is levied pursuant to Ohio R.C. 5739.024(B). Fifty percent (50%) of the revenue from the tax imposed by this subsection (b) shall be deposited to the 268 Hotel/Motel Excise Tax Fund.
(Ord. 89-677. Passed 12-19-89.)