The Jay council approved a resolution Tuesday night to set business license fees for businesses in the town.
Operations Manager Eric Seib told the council that according to Attorney Steve Cozart, updating the amount for business license can be done with a resolution.
There was discussion about what Mayor Shon Owens called a 'gray area' for businesses that do not have a physical address and Owens asked what would happen if every business in Jay had a P.O. box.
Some businesses operate as a subsidiary of a corporation which may not be located in Jay, so the question would be who is responsible for the business license.
“If you operate a for profit business in the city limits of Jay, you should have a business license,” said Mayor Owens.
Owens used a couple of his own businesses as examples and Councilwoman Nina Hendricks mentioned that the local farmers who don't own a 'business' necessarily, are for profit entities.
The resolution sets that businesses having less than $1 million gross revenues will pay $50 and businesses having more than $1 million gross revenue will pay $100 for business licenses in the town.
Mayor Owens made a motion that was seconded by Councilman Wayne Godwin to approve. The motion carried unanimously. Councilman Josh Holloway was absent.
