§ 14-276 — Fee levied

Sec. 14-276. - Fee levied.

(a) In accordance with Louisiana Revised Statute 27:93 (2000), there is hereby levied an admission fee of $2.50 for each passenger boarding or embarking upon a riverboat operating on a river, lake, or other waterway with a licensed berth in the city and which is authorized to originate its excursions in the city by the state riverboat gaming commission. (b) In the alternative, the city may calculate the $2.50 admission fee based upon a monthly percentage of the adjusted gross revenues of the riverboat. The percentage shall accurately reflect an amount equal to the total monthly admission fees charged at $2.50 per passenger (c) Pursuant to paragraph (b) of this section, the alternative calculation of the $2.50 admission fee for the Belle of Orleans, L.L.C., shall be 5.47 percent of the adjusted gross revenues collected per month by Belle of Orleans, L.L.C. (d) Adjusted gross revenue means the revenue figure as currently reported by Belle Orleans, L.L.C. to the office of state police, as audited by that office, and used in the computation of state tax. It is the amount as currently defined in Louisiana Revised Statute 27:44(15) (2000), Louisiana Register sections 42 L.R. § 2723(V)(3)(d), 42 L.R § 2735(A), 42 L.R. 2735(C), 42 L.R. § 2736(A), 42 L.R. § 2736(B), 42 L.R. § 2736(C), less the increases in the Caribbean Stud Poker Progressives, as currently authorized by the office of state police.

(Code 1956, § 55A-1; Ord. No. 19,967, § 1, 12-14-00)