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50-86 ORDINANCE NO. 50-86 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF DELRAY BEACH, FLORIDA, AMENDING CHAPTER 15, "LICENSES", OF THE CODE OF ORDINANCES OF THE CITY OF DELRAY BEACH, FLORIDA BY ENACTING A NEW SECTION 15-14, "LICENSE TAX REDUCTION WITHIN AN ENTERPRISE ZONE", PROVIDING FOR A REDUCTION BY 50 PERCENT (50%) OF THE LICENSED TAX TO BE PAID TO THE CITY BY PERSONS ENGAGING IN OR MANAGING ANY BUSINESS, PROFESSION OR OCCUPATION WITHIN THE ENTERPRISE ZONE OF THE CITY OF DELRAY BEACH; PROVIDING A SAVINGS CLAUSE; PROVIDING AN EFFECTIVE DATE. NOW, THEREFORE, BE IN ORDAINED BY THE CITY COUNCIL OF DELRAY BEACH, FLORIDA AS FOLLOWS: ~. That section 15-14. "License tax reduction~ithin an enterprise zone" of the Code of Ordinances of the City of Delray Beach, Florida, shall be and the same is hereby enacted to read as follows: Section 15-14. License tax reduction within an enterprise zone. Within the City's enterprise zones individual license tax paid to the City by persons engaging or managing or transacting in any business shall be reduced by 50 percent (50%). Any such license issued within the enterprise zone is non-transferable. Prior to obtaining a license at a 50 percent (50%) reduction, an individual shall be required to file, with the license application, a verified statement indicating the permanent business location is within the enterprise zone. ~j~. That should any section or provision of this ordinance or any portion thereof, any paragraph, sentence or word be declared by a court of competent jurisdiction to be invalid, such decision shall not affect the validity of the remainder hereof as a whole or part thereof other than the part declared to be invalid. ~. Than this ordinance shall become effective from the City of Delray Beach receiving enterprise zone approval pursuant to Section 290.012-290.015 of the Fla. Stat. PASSED AND ADOPTED in regular session on second and final reading on this the !2th day of auqust MAYOR ATTEST: First Reading July 22t 1986 Second'Reading August 12r 1986