Each local business tax receipt, except as noted below, shall include a twenty-five
dollar ($25.00) business development fee, which shall be billed and collected with
the local business tax. These fees shall be reserved by the city for economic development
purposes including, but not limited to, grants and loans to city businesses; establishment
and funding of a chamber of commerce or similar organization; special events related
to business development; and advertising and publicity for city businesses. Individual
practitioners who are a part of a business which holds a separate certificate of use
and local business tax receipt shall not be required to pay the business development
fee.
