[CC 1970 §16-35; CC 1947 §10-15(a); Ord. No. 3479 §1, 7-27-1971; Ord. No. 3757 §1, 6-24-1975; Ord. No. 4164 §1, 10-31-1980; Ord. No. 4928 §1, 10-13-1992; Ord. No. 4932 §1, 11-10-1992; Ord. No. 6163 §1, 9-13-2011]
Every supplier or furnisher of gas or gas service, electricity, electrical power or electrical service or water or water service in the City shall pay to the Director of Finance a monthly license fee on or before the last day of each month for the preceding month at the rate of seven percent (7%) of the gross receipts derived from the transaction of such business in the City for each monthly period before November 1, 1980, provided that the rates shall be eight percent (8%) of the gross receipts derived from the transaction of business in the City for each monthly period following November 1, 1980. Pursuant to the provisions of Section 393.275(2), RSMo., the license fee on gross receipts derived by any utility provider subject to the monthly license fee provided herein by reason of the transaction of such business in the City shall be maintained as provided herein or as may be revised by the Board of Aldermen from time to time regardless of tariff or rate actions of the Missouri Public Service Commission.