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1978 ORDINANCE NO. 1978 AN ORDINANCE OF THE CITY OF SANFORD, FLORIDA, AMENDING ARTICLE I. INSURANCE COMPANIES, SECTIONS 26.1, AND 26-2, OF THE SANFORD CITY CODE; PROVIDING FOR SEVERABILITY, CONFLICTS AND EFFECTIVE DATE. BE IT ENACTED BY THE PEOPLE OF THE CITY OF SANFORD, FLORIDA: SECTION 1: Section 26.1, Tax on gross receipts from premiums for firemen's relief and pension fund, of the Sanford City Code is hereby deleted in its entirety. SECTION 2: Section 26.1, Tax on gross receipts from premiums for firefighters' retirement system, is hereby added to the Sanford City Code as follows: (a) 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 insuring property against loss or damage by fire or tornado, and excise or license tax amounting to 1.85 per cent of the gross amount of receipts of premiums from the policyholders on all premiums collected on fire and tornado insurance policies covering property within the corporate limits of the city. Such tax shall be in addition to all other license taxes now levied by the city. (b) The tax provided for in subsection (a) of this section shall be payable and collected in the manner provided by Florida Statutes, Section 175.01 et seq. (c) All money derived from the tax imposed by this section is hereby appropriated to the firefighters' retirement system of the city which shall be administered in accordance with the provisions of Florida Statutes, Section 175.01 et seq. (Code 1954, §§23-1--23-4; Ord. No. 968, § 1, 5-26-69) -i- Ordinance No. 1978 SECTION 3: Section 26.2, Tax on gross receipts from premiums for policemen's retirement fund, of the Sanford City Code, is hereby deleted in its entirety. SECTION 4: Section 26.2, Tax on gross receipts from premiums for police officer's retirement system, is hereby added to the Sanford City Code as follows: (a) In addition to any other lawful license or excise tax now levied by the city, 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 casualty insuring as shown by the records of the state treasurer in his capacity as state insurance commissioner, an excise or license tax in the amount of .85 per cent of the gross amount of receipts of premiums from policyholders on all premiums collected on casualty insurance policies covering property within the corporate limits of the city. (b) The tax provided for in subsection (a) of this section shall be payable and collected in the manner provided by Florida Statutes, Section 185.01 et seq. (c) All money received from the tax imposed by this section shall be paid immediately into the police officers retirement system of the city. (Code 1954, §§ 23-5--23.7) SECTION 5: If any section or portion of a section of this ordinance proves to be invalid, unlawful or unconstitu- tional, it shall not be held to impair the validity, force or effect of any other section or part of this ordinance. SECTION 6: That all ordinances or parts of ordinances in conflict herewith be and the same are hereby revoked. -2- Ordinance No. 1978 SECTION 7: That this ordinance shall become effective immediately upon its passage and adoption. PASSED AND ADOPTED this 10th day of OCTOBER , A.D. 1988. ATTEST: City of Sanford, Florida. CERTIFICATE I, H. N. Tamm, Jr., City Clerk of the City of Sanford, Florida, do hereby certify that a true and correct copy of the foregoing Ordinance No. 1978, PASSED AND ADOPTED by the City Commission of the City of Sanford, Florida, on the 10th day of October, 1988, was POSTED at the front door of the City Hall in the City of Sanford, Florida, on the llth day of October, 1988. ~f Sanford, Florid~~ae~/~ae -3- Ordinance No.