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Section 3-1.210. Real Estate Brokers, Salespersons and Employees. The annual license tax for persons carrying on the business of selling or buying real estate shall be based upon the average number of brokers, salespersons and employees and shall be computed at the following rates: First Broker $60.00 Next two (2) Brokers and Salespersons 10.00 each Each additional Broker or Salesperson 1.00 First three (3) employees 5.00 Each additional employee 1.00 SECTION 3. Each person to whom an annual business license was issued after January 1, 1976 shall be entitled to a credit for whatever unexpired portion of the business license remains after January 1, 1977. The credit shall be determined by pro -rating the annual license tax on a 365 day year, and shall be applied to the business license tax required to be paid by that person on the first business day in January 1977. SECTION 9. This ordinance shall be posted within the Town of Los Altos Hills in three (3) public places and shall become effective on January 1, 1977. I HEREBY CERTIFY that the foregoing Ordinance was introduced at a regular meeting of the City Council of the Town of Los Altos Hills on 3rd day of November , 1976, and was thereafter passed and adopted at a regular meeting of the City Council held on the 22nd day of November 1976. ��() e ]�.