Sec. 23-76. Imposition of transactions tax—Transactions tax rate.

For the privilege of selling tangible personal property at retail, a tax is hereby imposed upon all retailers in the city at the rate of one-half of one percent of the gross receipts of any retailer from the sale of all tangible personal property sold at retail in the city on and after the operative date and before the termination date. (Ord. No. 1451, § 3 (part).)