(A) If during the taxable year in which a tax credit is being taken the average number of employees required to continue the credit is reduced, the tax credit created herein shall be forfeited for that year and for each eligible year thereafter where the number of employees remains below the number of jobs originally required as a condition of the tax credit
(B) If the reduction in the number of employees was due to circumstances which the taxpayer believes to have been out of his or her control, the taxpayer may petition the collector of business taxes for a hearing to examine the reasons why such tax credit shall not be forfeited.
(Ord. passed 12-18-1998)