(a) A tax for general revenue purposes is hereby imposed upon each parking transaction for a non-residential parking place at the percentage rate of the consideration for each such transaction set forth in subsection (b) of this section for the period from the effective date of this article until December 31, 2006 and thereafter from year to year on a calendar year basis. No operator shall conduct such transactions without complying with all the provisions of this article and without collecting the tax herein imposed and paying it over to the City.
(b) The tax percentage rate of the consideration shall be as follows:
(1) From the effective date of this article to December 31, 2006, 2%.
(2) January 1, 2007 through December 31, 2007, 4%.
(3) January 1, 2008 through December 31, 2008, 6%.
(4) January 1, 2009 through December 31, 2009, 8%.
(5) January 1, 2010 through December 31, 2011, 10%.
(6) January 1, 2012 and thereafter, 15%.
(Ord. 1-2012. Passed 2-7-12.)