Laserfiche WebLink
, • • ? :>? <br />CITY OF NORTH OLMSTED <br />ORDINANCE N0. 82-101 <br />BY: MAYOR ROBERT W. SWIETYNIOWSKI <br />AN ORDINANCE TO AMEND CNAPTERS 1501.01 AND 1501.05, <br />AND SECTION 1501.1302 OF THE CODIFIED ORDINANCES OF <br />THE CITY OF NORTH OLMSTED, IN ORDER TO INCREASE THE <br />INCOME TAX RATE FOR THE PERIOD BEGINNING JANUARY 1, <br />19831, FROM ONE PERCENT (1%) TO ONE AND ONE HALF <br />PERCENT (lz%), AND DECLARING AN EMERGENCY. <br />BE IT ORDAINED BY THE COUNCIL OF THE CITY OF NORTH OLb9STED, <br />COUNTY OF CUY.AHOGA, AND STATE OF OHIO: <br />SECTION 1: That Chapter 1501.01 of the Codified Ordinances <br />of the City of North Olmsted is hereby readopted specifying therein <br />the purpose of the proposed increase in the income tax as specified <br />in Section II hereof, which Chapter 1501.01 shall read as follows: <br />CHAPTER 1501.01 <br />Purpose <br />1501.0101 PURPOSE OF LEVY OF INCOME TAX. <br />To provide funds for the purpose of general <br />municipal functions of the City of North Olmsted, <br />there shall be and is hereby levied a tax on all <br />salaries, wages, commissions and other compensations, <br />and on net profits as hereinafter provided. <br />SECTION 2: That Chapter 1501.05 of the Codified Ordinances <br />of the City o North Olmsted which now reads: <br />CHAPTER 1501.05 <br />Imposition of Income Tax <br />1501.0501 RATE AND INCOME TAXABLE. <br />An annual tax for the purposes specified in Section <br />1501.0101 shall be imposed on and after January 1, <br />1972, at the rate of one percent per annum upon the <br />following: • <br />(a) On all salaries, wages, commissions and other <br />compensation earned on and after January 1, <br />1972) by residents of the City of North Olmsted. <br />(b) On all salaries, wages, commissions and other <br />compensation earned on and after January 1, 1972, <br />by nonresidents of the City of North Olmsted for <br />work done or services performed or rendered within <br />the City of North Olmsted. <br />(c) (1) On the portion attributable to the City of <br />North Olmsted on the net profits earned on <br />and after January 1, 1972, of all resident <br />unincorporated business entities or professions <br />or other activities, derived from sales made, <br />work done, services performed or rendered and <br />business or other activities conducted in the <br />_ City of North Olmsted. <br />EXHIBIT "A"