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AN ORDIkX~NCE TO AM~D SECTIfkN 35-114 AND SEL'I'±ON 35-122 OF THE CODE OF THE CiT~' OF PORTSMOUTH, 1973, AS AMEL~DED, PERTAILriNG TO UTILITY SERVICES TAX. BE IT ORDAINED by the Council of the City of Portsmouth, Virginia, that Section 35-114 and Section 35-122, Code of the City of Portsmouth, Virginia, 1973, as ~uended, shall read as follows: 1. Section 35-114. Amount of levy; payment. (a) There is hereby imposed and levied by the City, for the purposes hereinafter stated, upon each purchaser who by a master meter furnishes electric service to residential multi-family apartment cc~plexes, a tax LKoon the charge made by the seller against the purchaser with respect to each purchase of electric services, exclusive of any federal tax thereon in the amount of twenty (20%) percent of the first Two Thousand ($2,000~) Dollars of such charge made or incurred during any monthly period, vfnich tax shall be collected by the seller from the purchaser and shall be paid by the purchaser to the seller for the use of the City at the time that the purchase price or such charge shall become due and payable. [b) There is hereby imposed and levied by the City, for the purposes hereinafter stated, upon each purchaser who by a master raeter furnishes gas service to residential multi-family apartment cc~plexes, a t~x upon the charge made by the seller agains~ the purchaser ~ith respect to each purchase of gas service, exclusive of any federal tax thereon, in the a~ount of twenty (20%) percent of the first One Thousand, One Hundred ($1,100.) Dollars of such charge made or incurred during any monthly period, which tax shall be collected by the seller from the purchaser and shall he paid by the purchaser e~o the seller for the use of the City at the time that the purchase price or such charge shall becc~e 'due and payable. (c) Subject to the exclusion set forth in Section 34-122 and exclud- ing the purchasers who by master meter furnish electric service and gas service to residential multi-family apartment complexes, there is hereby imposed and levied by the City~ for the purposes hereinafter stated~ upon each purchaser of any utility service, a tax upon the Charge made by the seller against the purchaser with respec~a to each purchase of utility service, exclusive of any federal tax thereon, in the 'amount of ~wenty (20%) percent on the first One Thousand, Five Hundred C$1,500.) Dollars of such charge made or incurred during any mo .rY. chly period, which tax, in every case, shall be collected by the seller from the p~rchaSer and shall be paid by the purchaser to the Seller for the use of the City at the time that the purchase price for such charge shall beCc~ne due and payable. 2. Section 35-122. Exclusions.