§ 14-52. License tax imposed; amount; exception.

Every person engaged in the business of supplying electricity or water for compensation, for any purpose within the city shall pay the city a license tax in a sum equal to six and one-half (6½) per cent of the gross receipts of such business; provided, however, that said gross receipts shall not include the gross receipts received as a result of the supplying of electricity to large industrial users taking the rate designated as primary rate and who use one million (1,000,000) or more kilowatt hours of electricity for the month for which said gross receipts are determined.

(Ord. No. 373, § 2, 1-15-46; Ord. No. 465, § 1, 4-22-54; Ord. No. 468, § 1, 6-8-54; Ord. No. 485, § 1, 5-27-55; Ord. No. 745, § 1, 3-23-70; Ord. No. 795, § 1, 11-27-72; Ord. No. 961, § 1, 5-14-79; Ord. No. 977, § 1, 5-27-80; Ord. No. 1078, § 1, 4-28-86; Ord. No. 1440, § 1, 4-24-06)