(a) The tax imposed and levied pursuant to this article shall be five percent (5%) of the purchase price.
(b) Pursuant to the provisions of West Virginia Code 8-13-7, the Alcohol Beverage Control. Commissioner shall collect the tax hereby imposed and levied and remit the same to the City, which tax shall be deposited in the General Fund and shall be budgeted, appropriated and used as Council may from time to time direct.
(8-17-81)