Pursuant to N.J.S.A. 40:48C-6, there is hereby
imposed, and shall be paid, a municipal tax of 7% upon receipts from
the parking, storing or garaging of motor vehicles, excluding the
charges for residential parking, employee parking when provided by
an employer or at a facility owned or operated by the employer and
municipal metered parking. Said tax is to be collected and forwarded
to the City monthly by the operator of the parking facility.