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.,~~.~.. <br />CITY OF NORTH OLMSTED <br />ORDINANCE N0. 87- 72 <br />BY: MAYOR M._ YVONNE PETRIGAC <br />y ~9 ti1 <br />AN ORDINANCE ESTABLISHING A NEW CHAPTER 1503 IN THE TAX <br />CODE OF THE CODIFIED ORDINANCES OF_THE CITY OF NORTH <br />OLMSTED ENTITLED "LOTTERY TAX". <br />WHEREAS, upon the recommendation of the Mayor to Council it is <br />believed that anew excise tax levied upon Lottery ticket purchases will <br />generate sufficient income to warrant the imposition of this new tax; and <br />WHEREAS, this Council wishes to adopt a new Chapter in the Tax Code to <br />implement the Mayor's recommendation. <br />NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF NORTH <br />OLMSTED, CUYAHOGA COUNTY, STATE OF OHIO: <br />SECTION 1: That this Council does hereby adopt a new Chapter 1503 of <br />the Tax Code of the Codified Ordinances of the City of North Olmsted <br />entitled "Lottery Tax" which new Chapter shall read as follows: <br />1503.01 INTENT; PURPOSE. <br />(a) Intent. It is hereby declared to be the legislative intent of <br />Council, in the enactment of this chapter, to establish an excise tax upon <br />the purchaser of a State lottery ticket and not upon the State, any agency <br />or agent of the State or any fund established by State law. The tax <br />provided for herein shall, therefore, not be a sum deducted from the <br />purchase price of the State lottery ticket, as fixed by rule of the State <br />Lottery Commission, but shall rather, be a sum additional to such price, so <br />that the total charge to the purchaser of such a ticket, for such ticket, <br />is such price plus the tax. <br />(b) Purpose. It is hereby declared to be the purpose of this chapter <br />to provide funds for general Municipal purposes. <br />1 <br />