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HomeMy WebLinkAbout1485 - ORDINANCES - 11/16/1994 ORDINANCE NO. 1485 AN ORDINANCE OF THE CITY OF PALM SPRINGS, CALIFORNIA AMENDING SECTION 3 . 24. 140 TO CLARIFY THE MINIMUM TYPE OF RECORDS TO BE MAINTAINED BY HOTEL OPERATORS AND ADDING SECTION 3 . 24 .225 TO CLARIFY THAT THE TAX ADMINISTRATOR HAS THE AUTHORITY TO DETERMINE THE AMOUNT OF TRANSIENT OCCUPANCY TAX, PENALTIES AND INTEREST WHICH MUST BE WITHHELD BY THE PURCHASER OF A HOTEL AND THE AUTHORITY TO REQUIRE THAT AMOUNT TO BE REMITTED TO THE CITY. NOW, THEREFORE, BE IT RESOLVED THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA DOES ORDAIN AS FOLLOWS: Section 1. Sections 3 . 24. 140 and 3 . 24 . 225 of the Palm Springs Municipal Code are hereby amended to read as follows: 3 .24 . 140 Records. It shall be the duty of every operator liable for the collection and remittance to the city of any tax imposed by this chapter to keep and preserve, in the city, for a period of three years, records in such form as the tax administrator may require to determine the amount of such tax. Such records shall include, but are not limited to, guest registration cards or folios which show the guest name and address, dates of occupancy, breakdown of total charges per night and number of guests; a cash receipts journal; and bank statements to which hotel revenue can be traced. Additional documentation related to the hotel operation may be required by the tax administrator. Such records shall be made available to the: tax administrator at all reasonable times to conduct audits for verification of the transient occupancy tax liability. The tax administrator shall have the right to inspect such records at all reasonable times and may subpoena the records of any operator who refuses to make them available for examination. 117 the above records are not provided by the hotel operator, or are deemed incomplete or unacceptable by the tax administrator, a determination of the taxes,penalties and interest due will be made by the tax administrator in the manner specified in section 3 .24. 120. 3 . 24 . 225 Determination of Successor's Liability by Tax Administrator - Withholding by Purchaser, Escrow Company or Bankruptcy Trustee Upon the cessation of business by hotel operator, the Tax Administrator shall estimate the potential transient occupancy tax, penalties and interest to be due, and such total amount due shall be withheld by the Purchaser, Escrow Company, or Bankruptcy Trustee from the purchase price of the hotel, and remitted to the City of Palm Springs immediately upon the close of escrow or completion of sale. Section 2 . Effective Date: Pursuant to Government Code Section 36937,, Subdivision (d) , this ordinance shall be effective immediately after its final passage. lC� F} Ord 1485 Page 2 Section 4. Publication I The City Clerk is hereby ordered and directed to certify to the passage of this ordinance, and to cause a summary of this ordinance or a display advertisement, duly prepared according to law, to be published in accordance with law. ADOPTED this 16th day of November , 1994 AYES: Members Hodges, Kleindienst, Lyons, Reller-Spurgin and Mayor Maryanov NOES: None ABSENT: None ATTEST: CITY OF PALM SPRINGS, CALIFORNIA '> 6 By City Clerk ! Mayor REVIEWED & APPROVED: t I HEREBY CERTIFY that the foregoing Ordinance 1485 was duly adopted by the City Council of the City of Palm Springs, California, in a meeting held on the 16th day of November, 1994, and that same was duly published in the DESERT SUN, a newspaper of general circulation on November 22, 1994. JUDITH SUMICH City Clerk