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LSection 501 (c)(3)of the Federal Internal Revenue Code. SECTION 2. That the tax herein levied shall be paid by the persons,firms,and corporations liable therefore, and shall be collected by a designated agent of the Commission in the same manner,and at the same time as the tax levied by the Arkansas Gross Receipts Act, ACA 26-52-101 et seq. SECTION 3. The tax shall be collected from the purchaser or user of food or accommodations by the person,firm,corporation,association,or other entity of whatever nature selling such food or furnishing such accommodations,and said collector shall remit to the city on the 20`h day of each month all collections of the tax for the preceding month,accompanied by reports on forms to be prescribed by the Commission. The rules,regulations,forms of notice,assessment procedures,and the enforcement and collection of the tax under the Arkansas Gross Receipts Act shall, so far as practicable,be applicable with respect to the enforcement and collection of the tax levied pursuant to the authority of Act 626 of 1989. However,the administration and enforcement,and all actions,shall be by, and in the name of,the Commission through the proper commission officials authorized by ACA 26-75-603. ® SECTION 4. The City of Batesville Advertising and Promotion Commission be,and the same is hereby created,to be composed of seven members as follows: (a) Four(4)members of whom shall be owners or managers of businesses in the tourism industry, at least three(3)of whom shall be owners or managers of hotels,motels, or restaurants,and all of whom shall be appointed by the governing body of the City for staggered terms of four(4)years,as provided by Ark. Code Ann. 26-75-605(b);and (b) Two(2)members of the Commission shall be members of the governing body of the city and selected by the governing body;and (c) One(1)member shall be from the public at large and shall be nominated by the Mayor and approved by the Council of the city for a term of four(4)years. SECTION 5. All local taxes levied pursuant to this ordinance shall be used in compliance with the laws Of the State of Arkansas. SECTION 6. The Commission is the body that determines the use of the City Advertising Promotion Fund,as provided by law. SECTION 7. Any person,firm or corporation who fails to pay the gross receipts or gross proceeds tax under the provision of this Ordinance shall be guilty of a class C misdemeanor and shall be fined in an amount not to exceed a total assessment of thirty-five percent(35%)of the unpaid tax. ACA 26-75- 603.