Records to be kept by seller; inspection of records; transcripts

(a)

Each and every seller of electricity, metered or bottled gas (natural, liquefied petroleum or manufactured) and water service shall keep complete records showing all purchases of such utility services, which records shall show the price charged upon such purchase, the period of time covered thereby, the amount of tax levied and imposed hereunder, the date of payment thereof and other related information that may be required to verify proper collection and remittance of the taxes. Such records shall be kept open for inspection by the duly authorized officers or agents of the city during business hours on all business days. Such duly authorized officers or agents of the city shall have the right, power and authority to make or have made such transcripts therefrom during such times as they may desire. Copies of such records maintained on magnetic media shall be provided to the duly authorized officers or agents of the city upon thirty (30) days' written notice or written notice as required by law, whichever is greater.

(b)

Records not located within the municipal limits of the city shall be furnished by the seller to the city within fourteen (14) days of written demand. Should the seller not comply with the written demand, the city may authorize an agent or officer of the city to conduct an audit at the location where the records are maintained at the seller's expense.

(c)

Each seller shall comply with all reporting rules, regulations, policies and procedures which the director of finance may determine necessary for the administration and enforcement of this division.

(Ord. No. 2000-345, § 1, 12-21-00)