§ 620.010. Occupational License Franchise Fee On Businesses Supplying Electric, Telephone, Cable TV, Information Systems, Water or Gas Service — Continuation of Tax — Rate.

A. 

Intent — Rates Generally. It is the purpose of this Section to continue the occupational license franchise fee on businesses supplying electrical, telephone, cellular telephone, cable TV, information systems, water or gas service or any combination thereof to areas within the City at a sum equal to five percent (5%) of the gross receipts derived by any utilities within the City.

B. 

Pursuant to Section 393.275, RSMo., and any and all other applicable authority, the City shall maintain the five percent (5%) rate set forth in this Section 620.010 without reduction notwithstanding any periodic fluctuations in the tariffs of such utility corporations or any notice thereof including, but not limited to, notice sent under Section 393.275, RSMo.

R.O 2010 §620.010; Ord. No. 964 §1, 10-1-2007; Ord. No. 1050 §1, 4-5-2010; Ord. No. 1102 §1, 9-19-2011