71-10 Amend Chpt 128, Municipal Income Tax

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please substitute for Ordinance 71-10 (substitri~ted on the floor 11/1/10) placed on 1st reading & referred to the Finance Committee 10/4/10, 2ND READING 10/18/10. ORDINANCE N0. 71-10 gy; Antonio, Bullock, sutler, Madigan, Powers, smith, Summers. AN ORDINANCE to amend Chapter 128, Municipal Income Tax, within the Codified Ordinances of the City of Lakewood for the purpose of updating the Code and to be consistent with Ohio Revised Code and Internal Revenue Code Changes. WHEREAS, this ordinance is necessary for the collection of municipal income taxes in the City of Lakewood to remain consistent with the Ohio Revised Code and the Internal Revenue Service regulations. Now therefore, BE IT ORDAINED BY THE CITY OF LAKEWOOD, STATE OF OHIO Section 1. That Chapter 128, Municipal Income Tax, of the Codified Ordinances of the City of Lakewood currently reading as follows:. 128.0101 PURPOSE OF LEVY OF INCOME TAX. To provide funds for the purposes of general municipal functions of the City, there shall be and is hereby levied a tax on all salaries, wages, commissions and other compensations, and on net profits as hereinafter provided. DEFINITIONS 128.0301 DEFINITIONS GENERALLY. For the purposes of this chapter, the terms, phrases, words and their derivatives shall have the meanings given in the next succeeding sections. The singular shall include the plural, and the masculine shall include the feminine and the neuter. 128.0302 ADMINISTRATOR. "Administrator" means the individual designated to administer and enforce the provisions of the City income tax. 128.0303 ASSOCIATION. "Association" means any partnership, limited partnership, limited liability company, Subchapter S Corporation or any other form of unincorporated enterprise, owned by one or more persons. 128.0304 BOARD OF REVIEW. 'Board of Review" means the Board created by and constituted as provided in Section 128.2501.