HomeMy WebLinkAbout530ORDINANCE NO. 530
AN ORDINANCE IMPOSING ON EVERY INSURER EN-
GAGED IN THE BUSINESS OF CASUALTY INSURING
AN EXCISE OR LICENSE TAX IN ADDITION TO ANY
LAWFUL LICENSE OR EXCISE TAX NOW LEVIED BY
THE CITY OF SANFORD, FLORIDA, AMOUNTING TO
1% OF THE GROSS A~OUNT OF RECEIPTS OF PREM-
IUMS FROk POLICY HOLDERS ON ALL PREMIUMS
COLLECTED OE CASUALTY INSURANCE POLICIES
COVERING PROPERTY WITHIN THE CORPORATE LIM-
ITS OF THE CITY OF SANFORD,FLORIDA; PRO- -
VIDING FOR THE ~NNER OF PAYmeNT AND COL-
LECTION THEREOF; APPROPRIATING THE R~NIES
DERIVED FROi~ SUCH TAX TO THE PENSION FUND
FOR POLIC~N; AND PROVIDING PENALTIES FOR
THE VIOLATION OF ANY OF THE TE~qS OF SAID
ORDINANCE.
BE IT ENACTED BY THE PEOPLE OF THE CITY OF SANFORD, FLORIDA:
SECTION 1. That in addition to any other lawful lic-
ense or excise tax now levied by the City of Sanford, Florida,
there is hereby assessed and imposed on every insurance company,
corporation or other insurer now engaged in or carrying on, or
who shall hereafter engage in or carry on, the business of cas-
ualty insuring as shown by the records of the State Treasurer in
his capacity as State Insurance Commissioner, an excise or li-
cense tax in the ~aount of 1% of the gross amount of receipts of
premiums from policyholders on all premiums collected on casual-
ty insurance policies covering property within the corporate
limits of the City of Sanford, Florida.
SECTION 2. The excise or license tax herein provided
for shall be payable and collected in the manner provided for by
Chapter 282~0, Laws of Florida, Acts of 195~.
SECTION ~. All monies received by the City of Sanford,
Florida, under the provisions of this Ordinance shall be paid
immediately into its pension fund for policemen.
Court of any person, firm, association, or corporation of such
violation, such person, firm, association, or corporation
~ by im-
shall be punished by a fine of not more than ~200.00 or
prisonment of not more than ninety days, or by both fine and
imprisonment, at the discretion of the Municipal Judge. Con-
tinuance of any violation of this Ordinance from day to day shall
constitute a separate offense for each and every day or portion
thereof during which such violation is continued, and any per-
son, firm, association, or corporation convicted in the ~nic-
ipal Court shall be punishable as hereinabove provided for each
such offense upon which convicted.
SECTION 5. This Ordinance shall become effective im-
mediately upon its passage and adoption.
PASSED AND ADOPTED this__23rd _day of_ November
1953.
ATTEST:~
-- Cit
·
" City Commission of the C~ty
o~anford, Florima.
CERTIFICATE
~, H. l~. Sayer, City Clerk of the City of Sanford, >~lor-~da,
hereby certify that a true and correct copy of Ordinance No. 530,
passed and adopted by the C!ty Co:~,~!ss!on of the Clty of Sanford,
Florida, on the 23rd day of l~ovember, 1953, was posted at the
front door of the O~-tY l{all !n the City of Sanford, Flor-~da, on
th~.s the 3Oth day of l~ovember, 1953.
of ~anfo~d, Florida