TOWN OF PINETOP-LAKESIDE

 

ORDINANCE NO. 06-269

 

AN ORDINANCE OF THE MAYOR AND TOWN COUNCIL OF THE TOWN OF PINETOP-LAKESIDE ARIZONA, AMENDING CHAPTER 3.04 OF THE TOWN CODE OF THE TOWN OF PINETOP-LAKESIDE, BY IMPOSING A TWO-LEVEL TAX STRUCTURE ON THE SALE AND/OR PURCHASE OF CERTAIN ITEMS, SETTING THE EFFECTIVE DATE, REPEALING ANY CONFLICTING PROVISIONS, AND PROVIDING FOR SEVERABILITY.

 

NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND TOWN COUNCIL OF THE TOWN OF PINETOP-LAKESIDE, ARIZONA, as follows:

 

Section 1:        That the Pinetop-Lakeside Town Code, Chapter 3.04, Town Tax Code, be amended to read as follows:

 

Section 8A-460.  Retail Sales: Measure of Tax; Burden of Proof; Exclusions.

 

            (d)        Notwithstanding the provisions of subsection (a) above, when the gross income from the sale of a single item of tangible personal property exceeds Five Thousand Dollars ($5,000), the two and a half (2½%) percent tax rate shall apply to the first Five Thousand Dollars ($5,000).  Above Five Thousand Dollars ($5,000), the measure of the tax shall be at a rate of one and one-half (1½%) percent.

 

Section 2:        The Effective date of this Ordinance shall be the 19th day of June 2006.

 

Section 3:        All ordinances or parts of ordinances in conflict with the provisions of the Ordinance or any part of the code adopted herein by reference are hereby repealed.

 

Section 4:        If any section, subsection, phrase, clause or portion of this ordinance or any part of the code adopted herein by reference is, for any reason, held to be invalid or unconstitutional by the decision of any court of competent jurisdiction, such decision shall not affect the validity of the remaining portions thereof.

 

PASSED AND ADOPTED by the Mayor and Town Council of the Town of Pinetop-Lakeside, Arizona, this 18th day of May 2006.

 

                                                                                    TOWN OF PINETOP-LAKESIDE

 

                                                                                    /s/ LARRY VICARIO, Mayor

 

ATTEST:

 

            /s/ LU ANNE FROST, Town Clerk

 

APPROVED AS TO FORM:

 

            /s/ JACK BARKER, Town Attorney