On and after eleven fifty-nine p.m., November 3, 1990, there is levied and shall be paid and collected an excise tax of three percent on the price paid for the leasing, rental or furnishing of any lodging located in the city. This tax shall be in addition to the sales tax established pursuant to Chapter 3.08 of this title. It is a violation of this code for any purchaser of lodging within the city to fail to pay, or for any vendor of such lodging to fail to collect, the tax levied pursuant to this section. (Ord. 1990-31 (part))