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HomeMy WebLinkAbout1215 - Uniform Transient Occupancy Tax• THS :aem 4/12/67 ORDINANCE NO. 1215 AN ORDINANCE OF THE CITY OF NEWPORT BEACH AMENDING SECTIONS 3.16.070 AND 3.16.080 OF THE NEWPORT BEACH MUNICIPAL CODE RELATING TO UNIFORM TRANSIENT OCCUPANCY TAX The City Council of the City of Newport Beach does ordain as follows: SECTION 1. Section 3.16.070 of the Newport Beach Municipal Code is amended to read: "3.16.070 Report and Remitting. Each operator shall,on or before the last day of the month following the close of each calendar quarter or of such different report- ing period as may be established by the Finance Director, make a return to the Finance Director, on forms provided by him, of the total rents charged and received, the amount of tax collected for transient occupancies, and such other information as he may reasonably require. At the time the return is filed, the full amount of the tax collected shall be remitted to the Finance Director. The Finance Director may establish either shorter or longer reporting periods for any individual certificate holder or category of certificate holders if he deems it necessary or desirable in order to insure collection of the tax or to increase the efficiency of its administration. Returns and payments are due immediately upon cessation of business for any reason. All taxes collected by operators pursuant • to this chapter shall be held in trust for the account of the City until payment thereof is made to the Finance Director. °0 SECTION 2. Section 3.16.080 of the Newport Beach Municipal Code is amended to reado "3.16.080 Penalties and Interest. A. ORIGINAL DELINQUENCY. Any operator who ai Tstor remit any tax imposed by this chapter within the time required shall pay a penalty of ten percent (10 %) of the amount of the tax in addition to the amount of the tax. B. CONTINUED DELINQUENCY. Any operator who fails to remit any delinquent remittance on or before a period of thirty (30) days following the date on which the remit- tance first became delinquent shall pay a second delinquency penalty of ten percent (10 %) of the amount of the tax in addition to the amount of the tax and the ten percent (10 %) penalty first imposed. C. FRAUDa If the Finance Director determines that the nonpayment of any remittance due under this chapter is due to fraud, a penalty of twenty -five percent (25 %) of the amount of the tax shall be added thereto in addition to the penalties stated in Subparagraphs A and B of this section. • D. INTEREST. In addition to the penalties imposed, any operator who fails to remit any tax imposed by this chapter shall pay interest at the rate of one -half of one percent (1/2 %) per month for each month or portion of a month that the tax shall be delinquent on the amount of the tax, exclusive of penalties, from the date on which the tax first became delinquent until paid. The interest shall be computed on a monthly basis and shall not be subject to proration for any portion of a month. E. PENALTIES MERGED WITH TAX. Every penalty imposed and such interest as accrues under the pro- visions of this section shall become a part of the tax herein required to be paid." s SECTION 3. This ordinance shall be published once in the official newspaper of the City, and the same shall be effective 30 days after the date of its adoption. This ordinance was introduced at a regular meeting of the City Council of the City of Newport Beach held on the Laa day of AP511 1967, and was adopted on the 3t?; day of tsay 1967, by the following vote, to wit. AYES, COUNCILMEN. aoUz «s• ft`'song, I° IaroUall. Gwuber. C,*o . "i0ro t, 'Awhoa NOES, COUNCILMEN. I'Vae ABSENT COUNCILMEN. _;ate 2.