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179 ADOPTED BY THE COUNCIL JULY 6 , 1970 AYES: MR. DAVIS, MR. RINEHART, MR. VAN YAHRES, • MR. VOGT AND MR. WRIGHT. NOES: NON CLERK / PRES ID T AN ORDINANCE AMENDING AND REENACTING SECTION 16A-48 OF THE CODE OF THE CITY OF CHARLOTTESVILLE, 19652 BY THE DELETION OF CERTAIN WORDS THEREFROM. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE THAT SECTION 16A-48 OF THE CODE OF THE CITY OF CHARLOTTESVILLE, 1965, BE AMENDED AND REENACTED WITH THE FOLLOWING WORDS DELETED: "INTERIOR DECORATORS it "SIGN PAINTERS" THIS ORDINANCE SHALL BECOME EFFECTIVE NOVEMBER 1, 1970. ADOPTED BY THE COUNCIL • JULY 6 , 1970 AYES: MR. DAVIS, MR. RINEHART, MR. VAN YAHRES, MR. VOGT AND MR. WRIGHT. NOES: NoNE.j i CLERK ' PRES 1 E TA %• AN ORDINANCE AMENDING AND REENACTING SECTION 16A-55 0 T E CODE OF THE CITY OF CHARLOTTESVILLE., 1965, RELATED T i LICENSE TAX ON FLORISTS C� BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE THAT SECTION 16A-55 OF THE CODE OF THE CITY OF CHARLOTTESVILLE, 1965, BE AMENDED AND REENACTED AS FOLLOWS: SECTION 16A-55. FLORISTS EVERY PERSON OR FIRM OPERATING THE BUSINESS OF A FLORIST SHALL BE DEEMED A RETAIL MERCHANT AND SHALL PAY ACCORDINGLY. THIS ORDINANCE SHALL BECOME EFFECTIVE ON MAY 11 1971. ADOPTED BY THE COUNCIL JULY 6.1 1970 AYES: MR. DAVIS, MR. RINEHART, MR. VAN YAHRES, MR. VOGT AND MR. WRIGHT. NOES: NONE. CLERK PR S DE T AN ORDINANCE AMENDING CHAPTER 16A OF THE CODE OF THE •CITY OF CHARLOTTESVILLE., 1965, BY THE ADDITION THERETO OF A NEW SECTION RELATED TO INVESTMENT MANAGERS. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE THAT CHAPTER 16A OF THE CODE OF THE CITY OF CHARLOTTESVILLE, 1965, BE AMENDED AND REENACTED BY THE ADDITION THERETO OF A NEW SECTION RELATED TO INVESTMENT MANAGERS. SECTION 16A-63.1. INVESTMENT MANAGERS, COUNSELORS EVERY PERSON, FIRM OR CORPORATION CONDUCTING THE BUSINESS OF INVESTMENT ADVICE OR COUNSELLING OR OTHERWISE ENGAGING IN THE BUSINESS OF MANAGEMENT OF INVESTMENT ASSETS SHALL BE DEEMED TO BE AN INVESTMENT MANAGER AND SHALL PAY A LICENSE TAX OF $25.00, AND IF THE GROSS AMOUNT OF GROSS FEES, COMMISSIONS, OR OTHER COMPENSATION RECEIVED FOR SUCH MANAGEMENT BUSINESS DURING THE PRECEDING CALENDAR YEAR, DERIVED FROM SOURCES IN OR OUTSIDE OF VIRGINIA, WHEREVER LOCATED, EXCEEDED $2,000.00 THE TAX SHALL BE 50¢ ON EACH $100.00 OF GROSS FEES IN EXCESS OF $2,000. IF THE INVESTMENT MANAGEMENT ACTIVITIES GENERATING FEES WHICH ARE HEREBY TAXED BY THE CITY OF CHARLOTTESVILLE ARE • ALSO SUBJECTED TO VALID TAXES IMPOSED BY OTHER CITIES, TOWNS, OR COUNTIES, THE LATTER TAXES MAY BE CREDITED AND OFFSET AGAINST THE TOTAL AMOUNT OWED THE CITY OF CHARLOTTESVILLE PROVIDED THAT SUCH CREDIT DOES NOT REDUCE THE TOTAL TAX PAID TO THE CITY OF CHARLOTTESVILLE BELOW A $1,000.00 MINIMUM.