Each person owning, operating or maintaining any gas distribution system or gas lines within the corporate limits of the city and used for the distribution and sale in the city limits of natural gas and charging for same and using in any manner either on, along, under, over, or across or otherwise any part of any street, alley, highway, easement, park, thoroughfare, or other public way within such city limits for locating, placing, erecting, operating, maintaining or using any gas transmission or gas distribution lines, pipes or other fixtures or equipment for the transmission, distribution and sale of natural gas, natural gas energy or natural gas power, shall, from and after March 4, 1968, pay to the city, quarterly, as hereafter provided, a sum of money equal to two (2) percent of the gross receipts (as such term “gross receipts” is hereinafter defined) of such person from the sale and distribution within the corporate limits of the city of all natural gas so sold and distributed therein, which such sum of money and charge is hereby fixed and assessed and shall be collected as a reasonable rental and charge for the use of such streets, alleys, highways, easements, parks, thoroughfares or other public ways or grounds or any part thereof, and the city council finds and determines such rental and charge is reasonable.
(1991 Code, sec. 28-61)
The “gross receipts” upon which such rentals and charges are based is defined and shall be computed and determined as follows: For the total gross receipts from the sale of natural gas within the city limits for the particular period of the year involved, there shall be included, but not limited to, the receipts from the sale of natural gas to the federal government, federal government departments and agencies, the state, all departments and agencies of the state, the county, the city, and the Sherman Independent School District, and all of which shall constitute the gross receipts upon which such rentals and charges shall be paid.
(1991 Code, sec. 28-62)
The quarterly payments provided for herein shall become due, and shall be collected and paid as follows: the payment for the first quarter shall be paid on or before the thirtieth day of the month following the close of the first calendar quarter and payment for subsequent calendar quarters shall be made on or before the thirtieth day of the month following the close of each such subsequent calendar quarter. No charges shall be paid on any receipts received prior to March 4, 1968, with respect to industrial gas sales only. All past due rentals and charges shall bear interest from and after due date at the rate of ten (10) percent per annum. No charges are fixed and no charges shall be paid hereunder on any receipts from the sale of merchandise or any receipts of any character except those derived from natural gas sales within the city limits.
(1991 Code, sec. 28-63)
The person responsible under this division shall, within thirty (30) days following each calendar quarter, furnish to the city a statement, certified by a duly authorized officer or agent, showing the gross receipts as heretofore defined for the quarter immediately preceding.
(1991 Code, sec. 28-64)