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HomeMy WebLinkAboutORDINANCE 2048-2004Suggested by: Councilor Gilman CITY OF KENAI ORDINANCE N0.2048-2004 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AMENDING KMC 7.10.010 AND 7.10.020 BY INCREASING THE SALES TAX RATE FROM THREE PERCENT (3%) TO FOUR PERCENT (4%) . WHEREAS, KMC 7.10.010 currently levies a three percent (3%) sales tax on all retail sales within the City; and, WHEREAS, as a home rule municipality, the Kenai City Council may amend the sales tax rate by an ordinance; and, WHEREAS, the change in the sales tax rate would take effect on January 1, 2005; and, WHEREAS, an increase in the sales tax rate would allow for a decrease in the City's property tax rate and would add revenue to provide for city services. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA that 7.10.010 and 7.10.020 are amended as follows: Section I. 7.10.010 Levy of Tax. There is hereby levied a consumers sales tax of [THREE PERCENT (3%)] four percent (4%~ on all retail sales, rents, and services made or rendered within the City limits measured by the gross sales price of the seller. Section II. 7.10.020 Ownership of monies. The [THREE PERCENT (3%)] four ercent 4% consumers' sales tax levied herein and all sales taxes collected are City of Kenai monies and the seller is at all times accountable to the City of Kenai for such monies. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 16~ day of June 2004. ATTEST: JOHN J. WILLIAMS, MAYOR Carol L. Freas, City Clerk Introduced: Adopted: Effective: June 2, 2004 June 16, 2004 January 1, 2005