[Ord. No. 300 §§ 1 — 3, 12-11-1995]
A.
There is hereby imposed and levied a sales tax of one-half of one percent (0.5%) on all retail sales which are subject to taxation under the provisions of Sections 144.010 to 144.525, RSMo., within the Village of Uplands Park, Missouri, for the purposes of funding capital improvements, including the operation and maintenance of capital improvements as authorized under Section 94.890, RSMo.
B.
The Village of Uplands Park hereby chooses and selects that the distribution of proceeds of the Village's capital improvement sales tax received by the Missouri Director of Revenue shall be in accord with the terms and provision of "Option 2" of Section 94.890.4, RSMo., such that one hundred percent (100%) of the said sales taxes collected shall be deposited in subaccount #2 of the "Municipal Capital Improvement Sales Tax Fund" established in accord with Section 94.890.5, RSMo., and distributed to the Village of Uplands Park, for the purpose of funding capital improvements, based on the percentage ratio that the population of the said Village bears to the total population of the municipalities choosing Option 2.
C.
The Village Clerk is hereby authorized and directed to provide the Missouri Director of Revenue a certified copy of this Section and such other documents, materials and information as may be necessary to carry out the collection, allocation and distribution of the tax provided herein.