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HomeMy WebLinkAboutOrd 1967-142 re Firefighters' Retirement Trust Fund• • • • ORDINANCE NO. 142-67 AN ORDINANCE OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, ASSESSING AND IMPOSING A ONE (1) PERCENT EXCISE TAX ON PROPERTY INSURANCE PREMIUMS FOR PAYMENT TO MUNICIPAL FIREMEN'S PENSION FUND. BE IT ORDAINED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA: Section J In accordance with Chapter 175.101, Florida Statutes, the Village of North Palm Beach does hereby assess and impose 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 property insurance as shown by the records of the State Treasurer in his capacity as State Insurance Commissioner, an excise or license tax in addition to any lawful license or excise tax now levied by the Village of North Palm Beach amounting to ONE (1) PER GENT of the gross amount of receipts of premiums from policyholders on all premiums collected on property insurance policies covering property within the corporate limits of the Village of North Palm Beach. Section 2 Ordinance No. 115-1965 be, and the same is hereby, repealed. FIRST READING THIS 14t1} DAY OF FEBRUARY, 1967. SECOND, FINAL READING AND PASSAGE THIS 28th DAY OF FEBRUARY, 1967. (Seal) ATTEST: Village Clerk MAYOR