[Ord. No. 1194 §2, 1-4-2016]
Every franchised electric light and power company and franchised gas company and every other franchised person, firm or corporation, their successors and assigns owning, operating, controlling, leasing or managing any electrical plant or system generating, manufacturing, selling, distributing or transmitting electrical energy and power, or any plant and system for the manufacture, distribution and sale of gas, either natural or manufactured, for fuel, illumination, power and other purposes shall, in addition to all other taxes, payments or fees now or hereafter required by law or ordinance, pay to the City of Concordia, Missouri, a franchise tax in an amount equal to five percent (5%) of the gross receipts derived from the sale of electric energy or gas energy within the present or future limits of the City of Concordia, Missouri, during the period of any non-exclusive franchise to any such electric or gas company.