[Ord. No. 761, §1.; Ord. No. 776 §1]
Every person engaged in the business of supplying electricity or service connected therewith for compensation for any purpose in the city, and every manufacturing corporation now or hereafter engaged in the manufacture of electricity for compensation for any purpose in the city, shall pay to the city as a license tax, a sum equal to five percent of the gross receipts received from such business within the city.
[Ord. No. 35, §3]
It is hereby made the duty of every person engaged in any business described in this division to file with the city clerk, on January 15, 1956, a sworn statement of the gross receipts of such person received within the city from July 15, 1955, to January 15, 1956, and thereafter a similar statement on July 15 and January 15 of each year of such receipts for the six calendar months preceding the filing of such statement. The city clerk or his duly authorized deputy is hereby authorized to investigate the correctness and accuracy of such statement and for that purpose shall have access at all reasonable times during business hours to examine the books, documents, papers and records of any person making such statement in order to ascertain the accuracy thereof.
[Ord. No. 35, §4]
Every person engaged in any of the businesses described in this division shall pay to the city collector on January 25, 1956, and on July 25, 1956, and on the 25th day of January and July of each year thereafter an amount equal to five percent of the person's gross receipts received from such business within the city for the preceding six calendar months.
[Ord. No. 35, §5]
The tax required to be paid in this division shall be in lieu of any other occupation tax required of any person engaged in any of the businesses described in this division, but nothing herein contained shall be so construed as to exempt any such person from the payment to the city of the tax which the city levies upon the real and personal property belonging to any such person, nor the tax required of merchants or manufacturers for the sale of anything other than electricity, nor shall the tax herein required exempt any such person from the payment of any other tax which may be lawfully required other than any occupation tax on any of the businesses described in this division.