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HomeMy WebLinkAbout0329N-T ORDINANCE NO.J(New Series) AN ORDINANCE AMENDING SECTION 1 OF ORDINANCE N0. 324 (NEW SERIES) ENTITLED: " AN ORDINANCE OF THE CITY OF SAN LUIS OBISPO IMPOSING AN EXCISE TAX ON THE USE OR OTHER CONSUMPTION OF TANGIBLE PERSONAL PROPERTY." BE IT ORDAINED by the Council of the City of San Luis Obispo as follows: SECTION 1. Section 1 of Ordinance No. 324 (New Series), the t title of which is set forth it the title of this ordinance, is hereby amended to read as follows: Section 1. "USE" DEFINED, "Use" includes the exercise of any right or power over 'tangible personal property incident to the ownership of that property, subject, however, to the following ex- emptions: (a) It does not include the sale of that property in the regular course of business; (b) It does not include the keeping, retaining or exercis- ing of any right or power over tangible personal property shipped or brought into this City and which is thereafter transported out- side the City for principal use or consumption outside the City, and which property is actually so used or consumed; (c) It does not include the use of such property for the purpose of being processed, fabricated, or manufactured into, attached to or incorporated into, other '.:tangible personal property which is to be transported outside the City and thereafter used principally outside the City, or which is to be subsequently sold or resold in the regular course of business; (d) It does not include the exercise of any right or power over tangible personal property incident to ownership of that property if wuch property was purchased.for principal use or consumption out- side the City and is so used or consumed. (e) It does not include the use of property employed in the transportation or transmission of persons, property, gas, electricity or communications in intrastate, interstate or foreign commerce by -1- J1.) 9 public utilities regulated by the Public Utilities Commission of the State of California. SECTION 2. This ordinance, together with the Ayes and Noes, shall be published for two days before its final passage in the.TeLegram- Tribune, daily newspaper printed, published and cir- culated in said City and shall take effect and be in force immedi- ately upon its final passage and approval. INTRODUCED AND PASSED TO PRINT this 5th day of Jum.e; nb ,?:, 19f5Dt -by the following vote: AYES: rf[M, 0`Fl L, Timothy I. O'Reilly, Drank V.Woods NOES: None ABSENT:. D.M. Carpenter Kline Williams Mayor ATTEST: City Clerk -2- FINALLY PASSED this 19th day of June9.1950 upon the.following roll call vote: AYES: Wm-.O.Hall, Timothv T. O'Reilly,Kline.Williams, Frank V. Woods NOES : NQne* ABSENT:-.+ I1...M. (:,q,rj)ant.Pr - I AYOR� A, City Clerk �,