(1) There is levied and there shall be collected and paid a tax on every retail sale of items listed in Section 59-12-103, Utah Code Annotated 1953, as amended, made within the City at the rate of one percent (1%), commencing retroactive to 12:01 o'clock a.m., January 1, 1990.

(2) There is levied and there shall be collected and paid an excise tax on the storage, use, or other consumption within West Valley City, of tangible personal property or any items listed in Section 59-12-103, Utah Code Annotated 1953, as amended, at the rate of one percent (1%), commencing retroactive to 12:01 o'clock a.m., January 1, 1990.