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records, stocks, facilities and equipment of dealers, service stations and other persons engaged in <br />storing, selling or distributing motor vehicle fuel or other petroleutn product or products within this <br />city, and such other investigations as it considers necessary in carrying out the provisions of sections <br />3.465 through 3.489. If the examinations or investigations disclose that any reports of dealers or <br />other persons theretofore filed with the tax administrator pursuant to the requirements herein, have <br />shown incorrectly the amount of gallonage of motor vehicle fuel distributed or the tax accruing <br />thereon, the tax administrator may make such changes in subsequent reports and payments of such <br />dealers or other persons, or may make such refunds, as may be necessary to correct the errors <br />disclosed by its examinations or investigation. The dealer shall reimburse the city for the reasonable <br />costs of the examination or investigation if the action discloses that the dealer paid 95 percent or less <br />of the tax owing for the period of the examination or investigation. In the event that such an <br />examination or investigation results in an assessment by and an additional payment due to the city, <br />such additional payment shall be subject to interest at the rate of 18 percent per year from the date <br />the original tax payment was due. <br />3.485 Limitation on Credit for or Refund of Overpavment and on Assessment of Additional <br />Tax. <br />(1) Except as otherwise provided in this code, any credit for erroneous <br />overpayment of tax made by a dealer taken on a subsequent return or any claim for refund of tax <br />erroneously overpaid filed by a dealer must be so taken or filed within three years after the date on <br />which the overpayment was made to the city. <br />(2) Except in the case of a fraudulent report or neglect to make a report, every <br />notice of additional tax proposed to be assessed under this code shall be served on dealers within <br />three years from the date upon which such additional taxes become due, and shall be subject to <br />penalty as provided in section 3.474. <br />3.486 Examinin~,~Books and Accounts of Carrier of Motor Vehicle Fuel. The tax <br />administrator or duly authorized agents of the tax administrator may at any time <br />during normal business hours examine the books and accounts of any carrier of motor vehicle fuel <br />operating within the city for the purpose of enforcing the provisions of this code. <br />3.487 Records to be Kept bv Dealers. Every dealer in motor vehicle fuel shall keep <br />a record in such form as may be prescribed by the tax administrator of all purchases, <br />receipts, sales and distribution of motor vehicle fuel. The records shall include copies of all invoices <br />or bills of all such sales and shall at all times during the business hours of the day be subject to <br />inspection by the tax administrator or authorized officers or agents of the tax administrator. <br />3.488 Records to be Kept Three Years. Every dealer shall maintain and keep, for a period <br />of three years, all records of motor vehicle fuel used, sold and distributed within the <br />city by such dealer, together with stock records, invoices, bills of lading and other pertinent papers <br />as may be required by the tax administrator. In the event such records are not kept within the state <br />of Oregon, the dealer shall reimburse the tax administrator for all travel, lodging, and related <br />expenses incurred by the tax administrator in examining such records. The amount of such expenses <br />shall be assessed in addition to the tax imposed by section 3.466. <br />3.489 Use of Tax Revenues. <br />(1) For-the purpose of this section, net revenue shall mean the revenue from the <br />ta~c and penalties imposed by sections 3.465 through 3.489 remaining after providing for the cost of <br />administration and any refunds and credits authorized herein. <br />(2) The net revenue shall be used only for the reconstruction, repair, maintenance, <br />operation, and preservation of city-owned roads and streets within the city, roads and streets for <br />which the city is contractually or legally obligated to operate and maintain, or roads and streets for <br />Ordinance - 6 <br />