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AN ORDINANCE TO AMEND THE CODE OF THE CITY OF PORTSMOUTH, VIRGINIA~ 1973~ BY AMENDING SECTION 20-78 ~IEREOF, PERTAIN- ING TO COIN OPERATED DEVtCES~ BE IT ORDAINED by %he Council of the City of Portsmouthr Virginia, that Section 20-78 of the Code of the City of Ports- mouth~ Virginian 1973, be amended to read as follows: Section 20-78. Coin operated devices. Every person selling, leasing, renting or otherwise furnishing a coin operated machine or device operated on the coin-in-the-slot principle~ or placing such a machine or device with others shall be deemed to be a coin machine operater~ Every such operator shall pay an annual license tax of Two Hundred Dollars ($200°). The license tax imposed by this section is not in lieu, but is in addition to, other license taxes imposed by this section. Such license shall not be proratable or transferable. Every coin machine operator shall pay an annual license tax of Fifty Dollars ($50.) for the first Five Thousand Dollars ($5~000.) and Thirty Cents ($0.30) for each additional One Hundred Dollars ($1OO.) of receipts from such sales~ leases, rentals or other receivables derived from said coin machines or devices. The coin machine operator's license tax levied by= this section shall not be applicable to operators of weighing machines, automatic baggage or parcel checking machines or recepticles, nor to vending machines which are so constructed as to do nothing but vend merchandise or postage stamps~ or provide service only, nor to operators o~ coin operated musical machines or musical devices that operate on the coin-in-the- slot principle, nor to operators of any machines or photomat machines, nor to operators of devices or machines affording rides to children or for the delivery of newspapers. Every operator who is required by this section to take out a license as a coin machine operator shall furnish a complete list of all machines on location and the name and address of each location to the Commissioner of the Revenue upon request. Every coin machine operater within the pervue of this section shall deposit with the Commissioner of the Revenue a bond in the amount of One Thousand Dollars ($I,OOO.) with surety thereon approved by the Commissioner of the Revenue to insure the filing of such list and the payment of the taxes imposed by this section.