There is hereby assessed against the operator of each coin-operated machine, as defined in Vernon's Ann. Civ. St. art. 8801, in the city, an occupation tax of $7.50 per year per machine. The occupation tax imposed hereby shall be due and payable to the city tax collector on or before July 15 of each calendar year and upon payment thereof the tax shall be considered paid until July 15 of the following year.
[Code 1984, ch. 4, § 9]