Ordinance 1973-428 - Laserfiche WebLink

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Section 9. Building and Construction Use Tax. 9-1. 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 pur- chased outside the City, for use, storage, or consumption within the City, a Use Tax of Two per cent (2?~) of the retail purchase price of said construction or building materials. 9-2. Said Use Tax shall be paid by Estimate through the payment to the City Treasurer of an amOlmt equal to sixty per cent (60%) of the total cost of the project as indica.ted on the appl ication for a city bui lding permit and shall be evidenced by the! issuance of a bUilding permit by the City Building Inspector which, once paid, shall not be the subject of further audit or in- vestigation by the City. 9-3. As an alternative to the estimate procedure provided in 9-2 above, payment of said use tax may be made by paying to the City Treasurer monthly, the tax on the materials delivered to the building site, said payment to be made on the first day of each month after the building permit is issued. The prime contractor shall be liable for each of his subcontractors. No certi- ficate of occupancy shall be issued until the tax shall be paid in full. 9-4. Every applicant for a building permit who utilizes the alternative procedure provided in 9-3 above, shall maintain and preserve detailed purchase and receipt records which shall be subject to inspection and audit by the City Treasurer or his authorized agents and any unpaid taxes due shall be subject to collection. 9-5. The collection and administration of the use tax imposed by this section shall be performed by the City Treasurer in substantially the same manner as the collection, administration and enforcement of the Colorado Sales and Use Tax as provided in Article 10, Chapter 138, Colorado Revised Statutes 1963, as amended. The City Treasurer is hereby authorized to promul- gate such additional rules and regulations as may be necessary for the proper administration or enforcement of this Section. Section 10. Motor Vehicle Use Tax. 10-1. There is hereby imposed on the privilege of using, storing or consuming every motor vehicle purchased outside this City by any resident of this City for the purpose of use, storage, or consumption within this City a use tax in the amount of two per cent (2%) of the retail purchase price of said motor vehicle. 10-2. Said Use Tax shall be applicable to every motor vehicle for which registration is required by the laws of the state of Colorado. 10-3. No registration shall be made of any motor vehicle for which registration is required, and no certificate of title shall be issued for such vehicle by the Department of Revenue or its authorized agents, until any tax due upon the use, storage or consumption thereof pursuant to this ordinance has been paid. -5-