Each person required by this chapter to collect and pay, or to pay the taxes imposed hereby shall keep such records of receipts, issuance of complimentary tickets and otherwise, together with ticket stubs, and other pertinent documents, in such form as the Auditor or Treasurer may by such regulation require. Such records and other documents shall be open at any time during business hours to the inspection of the Auditor or Treasurer and shall be preserved for a period of three years unless the Auditor or Treasurer shall in writing consent to their destruction within that period, or in writing require that they be kept longer. The Auditor or Treasurer may require any person required by this chapter to collect and pay, or to pay the tax hereby imposed, to file with them a bond subject to the approval of the Law Director, with security to the approval of the City Auditor and in such amount as the Auditor or Treasurer may fix, conditioned for the collection and payment, or the payment of any such taxes due or which may become due from such person. Such bond when approved by the Treasurer or Auditor shall be deposited in his office. In lieu of such bond, securities approved by the Treasurer or Auditor may be deposited with them or him and shall be kept by him or them as security for the payment of such tax, interest or penalty, or both. The Treasurer or Auditor may sell any securities so deposited with him or them at public or private sale without notice to the depositor thereof, if it becomes necessary to do so in order to recover the amount of such tax, interest or penalty or both, due or unpaid. Upon any such sale the surplus, if any, above such amounts so due and unpaid shall be returned to the depositor of the securities.
The Treasurer or Auditor may by such regulations permit any person making a refund of any payment upon which a tax is collected under this chapter to repay therewith the amount of the tax collected on such payment, and provide for the crediting of the amount so repaid against amounts included in any subsequent return.
(Ord. 80-7430. Passed 3-19-80.)