[Ord. No. 1986-5 § 1, 4-21-1986]
The City of Maysville has been notified by the Missouri Public
Service Commission pursuant to Section 393.275, RSMo., 1984, as amended
by L. 1985, of the granting of a rate increase to the Union Electric
Company for electric services provided to the residents of the
City of Maysville.
[Ord. No. 1986-5 § 2, 4-21-1986]
The Board of Aldermen realizing the need for additional revenues
to provide street lighting for the City of Maysville does hereby determine
that it is required to maintain the tax rate of its business license
tax on the gross receipts of Union Electric Company without reduction.
[Ord. No. 1986-5 § 3, 4-21-1986]
It is therefore ordained, pursuant to Subsection 2 of Section
393.275, RSMo., 1984 as amended 1985, that the City of Maysville shall
maintain a current tax rate of five percent (5%) of the gross receipts
on the income generated by Union Electric Company for electrical services rendered within the corporate
City limits of the City of Maysville.