[R.O. 2011 § 140.290; Ord. No. 16-104 §§ 1 — 2, 5-10-2016[1]]
A.
There is hereby imposed a sales tax in the amount of one-half of one percent (1/2 of 1%) on the receipts from all retail sales and taxable services at retail within the City upon all sellers within the City for the privilege of engaging in the business of selling tangible personal property or rendering taxable services at retail to the extent and in the manner provided by Sections 144.010 to 144.525, inclusive, RSMo., as amended, and the rules and regulations of the Director of Revenue of the State of Missouri issued pursuant thereto. Such tax may be used for the purpose of funding local parks and stormwater control. One-third (1/3) of said tax shall be used for funding outdoor park capital improvements and two-thirds (2/3) of said tax shall be used for stormwater control capital improvements. No part of such tax shall be used to fund any operational expenses. Further, no part of such tax shall be used for funding indoor aquatic facilities.
B.
The imposition of said sales tax shall become effective as provided by law upon approval thereof by a majority of the votes cast on the proposition by the qualified voters of the City voting thereon and shall terminate automatically fifteen (15) years after the imposition thereof.
[1]
Editor's Note: This tax was passed by a majority of the qualified voters at an election held 8-2-2016.