Ordinance 1975-484 - Laserfiche WebLink

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E. To the storage, use or consumption of tangible personal property by a person engaged in the business of manufacturing, com- pounding for sale, profit, or use any article, substance, or commodity, which tangible personal property enters into the processing of or becomes an ingredient or component part of the product or service which is manufactured, compounded or furnished and the container, label, or the furnished shipping case thereof; F. To the storage, use or consumption of any article of tangible personal property the ~ale or use of which has already been subjected to a sales or use tax of another county, city or town equal to or in excess of that imposed by this article. A credit shall be granted against the use tax imposed by this article with respect to a person's storage, use or consumption in the city or town of tangible personal property purchased by him elsewhere. The amount of the credit shall be equal to the tax paid by him by reason of the imposition of a sales or use tax of another county, city or town on his purchase or use of the property. The amount of the credit shall not exceed the tax imposed by this article. G. To the storage, use or consumption of tangible personal property and household effects acquired outside of the city or town and brought into it by a nonresident acquiring residency; H. To the storage or use of a motor vehicle if the owner is or was, at the time of purchase, a nonresident of the city or town and he purchased the vehicle outside of the city or town for use outside the city or town and actually so used it for a substantial and primary purpose for which it was acquired and he registered, titled and licensed said motor vehicle outsidE! of the city or town. 1. To the storage, use or consumption of any construction and building materials and motor and other vehicles on which registration is required, if a written contract for the purchase thereof was entered into prior to the effective date of such use tax; J. To the storagel, use or consumption of any construction and building materials requirE!d or made necessary in the performance of any construction contract bid~, let or entered into an any time prior to the effective date of such use tax ordinance or proposal. SECTION 4. Building and Construction Use Tax 4-1. There is hereby imposed on the pri vi 1 ege of s tori ng, us i ng or consuming any construction and building materials of every kind and form purchased outside thE~ City, for use, storage, or consumption within the City, a Use Tax of b~o percent (2%) of the retail purchase price of said construction or building materials. 4-2. Said Use Tax shall be paid by Estimate through the payment to the City Director of F"inance of an amount equal to sixty per cent (60%) of the total cost of the project as indicated on the application for a city building permit and shall be evidenced by the issueance of a building permit by the City Building Inspector which, once paid, shall not be the subject offur:hher audit or investigation by the City. -2-