City of Marshfield, MO
Webster County
By using eCode360 you agree to be legally bound by the Terms of Use. If you do not agree to the Terms of Use, please do not use eCode360.
Table of Contents
Table of Contents
[R.O. 2014 §715.010; Ord. No. 181 §4, 1-10-1967]
The Grantee, under any franchise agreement, shall not later than February first (1st) and August first (1st) respectively of each year make a report to the governing body of the City of Marshfield of its gross receipts from the sale of gas for domestic and commercial purposes within the corporate limits of said City for the six (6) months period ending at the last meter reading preceding December thirty-first (31st) and June thirtieth (30th) respectively; and at the time of making such reports, pay into the City Treasury a sum equal to five percent (5%) of said gross receipts subsequent to the effective date of this franchise, which shall be charged to the operating expenses of the company. Domestic and commercial sales shall be considered as sales made other than on special contracts providing for standby fuel and interruption of service at any time demands of domestic and commercial consumers may so require. Said percentage of Grantee's gross receipts is hereby levied and assessed as an occupation and license tax for the privilege of engaging in the business herein recited during the term hereof; and as a further consideration for this franchise, Grantee agrees to recognize the same as a valid tax and make said payments during such period.