No contract on behalf of the Village for works or improvements of the Village shall be binding or valid unless such contract contains the following provisions:
"Said hereby further agrees to withhold all Village income tax due or payable under the provisions of Chapter 181, Village of West Jefferson Codes, for wages, salaries and commissions paid to its employees and further agrees that any of its subcontractors shall be required to agree to withhold any such Village income taxes due under said chapter for services performed under this contract."