Sec. 21B-26. Computation of assessment.

An assessment shall be levied annually to pay for all improvements and activities within the Oldtown Salinas area. Said assessment for each business shall be calculated as a percentage of the business license tax imposed for each business pursuant to Chapter 19, up to a maximum of seven hundred fifty dollars, with the percentages assessed for each business category in Chapter 19 as follows: branch establishments (Section 19-5)--one hundred percent; retail, restaurant and general business (Section 19-23)--ninety percent; wholesale (Section 19-25)--one hundred percent; contractors (Section 19-26) one hundred percent; professions (Section 19-27)--two hundred percent; occupations and services (Section 19-27.1)--one hundred fifty percent; taxicabs, trucks and public transportation (Section 19-28) one hundred percent; motels, hotels, inns, motor courts, etc. (Section 19-29)--three hundred percent; coin-operated devices and vending machines (Section 19-30)--one hundred percent; public amusement (Section 19-32)--one hundred percent; newspapers, radio stations, television stations and other communication services (Section 19-33)--two hundred fifty percent; barbers, beauty shops, and schools of cosmetology or beauty culture (Section 19-34)--one hundred percent; miscellaneous businesses enumerated (Section 19-35)--one hundred percent. Excepted from this calculation are nonprofit organizations, which will be assessed at the rate of fifty dollars per year, banks and other financial institutions at seven hundred fifty dollars per year, title companies at five hundred dollars per year, bail bonds at two hundred dollars per year, and insurance agencies at one hundred dollars per year. (Ord. No. 2281 (NCS), § 2; Ord. No. 2354 (NCS), § 1.)