§ 5.32.050. Franchises, permits and privileges—Time of paying percentages—Examination by Auditor.

Latest version.

The stipulation percentage of gross receipts provided to be paid for the use and enjoyment of any such franchise, permit or privilege of Section 5.32.010 referred to shall be paid to the City Treasurer at the time of filing the verified statement provided for in Section 5.32.040.

It shall be the duty of the Auditor to forthwith examine every such verified statement and ascertain the amount due and payable to said city from the person filing the same. The Auditor may for such purpose exercise the powers conferred upon him or her by the Charter of the city of Oakland, as he or she may deem necessary. In case the Auditor shall find the amount of percentage of gross receipts shown by such report, and paid to the City Treasurer at the time of filing the same, to be the full and correct amount due and payable to the City, he or she shall certify the fact to the city Treasurer, who shall thereupon notify the person making the payment of such finding and of the true and correct amount, as ascertained by the Auditor as aforesaid, and demand payment of the full and correct amount. The balance of said amount shall be forthwith paid to said City Treasurer by said person and if it be not so paid within ten days after said demand, the City Treasurer shall report such default in payment to the Mayor.

(Amended during 1997 codification; prior code § 5-16.05)

                    
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