The City
of Appleton City, Missouri, (hereinafter referred to as the "municipality")
hereby establishes an occupation tax on every electric company and
every other person, firm or corporation, their successors and assigns,
owning, operating, controlling, leasing or managing an electric plant
or system and/or generating, manufacturing, selling, distributing
or transporting electric (hereinafter referred to, collectively, as
"energy providers" each individually, an "energy provider"). Energy
providers shall collect from their customers located within the corporate
limits of the municipality (but not from the municipality) and pay
to the municipality an amount equal to five percent (5%) of gross
receipts energy providers derive from the sale, distribution or transportation
of electricity delivered within the present or future limits of the
municipality. Gross receipts, as used herein, are revenues received
from the sale, distribution or transportation of occupation tax, after
adjustment for the net write-off of uncollectible accounts and corrections
of bills theretofore rendered. The amount paid by energy providers
shall be in lieu of, and energy providers shall be exempt from, all
other fees, charges, taxes or assessments which the municipality may
impose for the privilege of doing business within the municipality,
including without limitation excise taxes, licensing fees, or right-of-way
permit fees, and in the event the municipality imposes any such fees,
charge, tax or assessment, the payment to be made by energy providers
in accordance with this Chapter shall be reduced to an amount equal
to any such fee, charge, tax or assessment imposed upon the energy
providers. Ad valorem property taxes imposed generally upon all real
and personal property within the municipality shall not be deemed
to affect energy providers' obligations under this Chapter.