Upon every person engaging or continuing within this City in the business of furnishing any real or tangible personal property, which as 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 one percent (1%) of the gross income of any such activity.
The term "tangible personal property", as used herein, shall not include money or public securities.
(Ord. 77-30. Passed 12-19-77.)