[R.O. 2012 §630.100; Ord. No. 413 §1, 10-5-1987]
There is hereby imposed, levied and assessed on the grantee of any franchise agreement between the City of Knob Noster and any person, firm or corporation engaged in the business of supplying natural gas service within the corporate limits of Knob Noster pursuant to such franchise agreement, an occupation and license tax (in lieu of all other occupation, license or other revenue taxes) for the privilege of engaging in such business during the term of such agreement at the rate of five percent (5%) on the gross receipts from the sale by said grantee of natural gas for domestic and commercial purposes within the corporate limits of the City.
[R.O. 2012 §630.110; Ord. No. 413 §2, 10-5-1987]
Said grantee shall not later than the first (1st) day of each calendar month in each year during the term of any such agreement, make a report to the Board of Aldermen of its gross receipts from the sale of gas for domestic and commercial purposes within the corporate limits of the City for the one (1) month period ending on the first (1st) day of the month next preceding that on which the report is due; and at the time of making such report, pay into the City Treasury a sum equal to five percent (5%) of said gross receipts received by said franchisee within such one (1) month term, which may be charged to the operating expenses of said grantee. Domestic and commercial sales shall be considered as sales made other than on special contracts providing for stand-by fuel and interruption of service at any time the demands of domestic and commercial consumers may so require. So long as such grantee shall be required by any regulatory authority having jurisdiction, to separately state the franchise tax increment on its charges for natural gas service rendered under such franchise, the term "gross receipts" as used herein shall not include the separately stated tax increment.
[R.O. 2012 §630.120; Ord. No. 413 §3, 10-5-1987]
Any such grantee, by entering into any such franchise agreement and by engaging in such business, shall be deemed to have agreed to recognize the tax herein imposed as a valid tax, shall make said payments during the term of such agreement and the franchise so granted by the City shall be conditioned upon the franchisee's said implicit agreement.
[R.O. 2012 §630.130; Ord. No. 413 §4, 10-5-1987]
In the event the tax imposed herein is determined by any court having proper jurisdiction to be invalid, then the City may, at its option, terminate said franchise with such grantee upon written notice to such grantee of said termination.
[R.O. 2012 §630.140; Ord. No. 413 §5, 10-5-1987]
This Article shall apply to any grantees, or successors or any gas franchise agreements within the City, whether now existing or subsequently entered into with said City.