EDITORIAL NOTE: This new Article is created under the authority of Ord. No. 88-903 adopted 01/21/88.
Under the provisions of Act 203 of the Louisiana Legislature for the year 1987 (Part 1-A of chapter 4 of Title 4 of the Louisiana Revised Statutes of 1950), and other constitutional and statutory authority supplemental thereto, and under the provisions of a special election held in the Parish of St. Tammany, State of Louisiana on Saturday, November 21, 1987 authorizing the Louisiana State Racing Commission to license offtrack wagering facilities therein, all as set forth in the proposition attached thereto as duly approved by a majority of the qualified electors voting in said election by Resolution 87-3158 adopted 09/17/87 and further under Resolution No. 87-3313 adopted 12/17/87 approving the site for the facility the Police Jury for the Parish of St. Tammany, State of Louisiana herein imposes a fee of 2% of the total amount wagered at the offtrack wagering facilities located in the Parish as permitted by said special election. (Ord. No. 88-903, adopted 01/21/88)
The license fee imposed by this Article (the "Fee") shall be collected by the licensee from
the moneys wagered at the offtrack wagering facilities operated by such licensee within the
boundaries of the Parish of St. Tammany. (Ord. No. 88-903, adopted 01/21/88)
For the purpose of ascertaining the amount of Fee payable under this Article, it shall be the duty of the licensee to furnish to the Director on or before the twentieth (20th) day of each month, commencing the month that such wagering facilities become operational, a report showing the total amount wagered in the preceding month at the offtrack wagering facilities
operated by said licensee in the Parish of St. Tammany. (Ord. No. 88-903, adopted
SECS. 12-160.05 - 12-169.99 Reserved.