City of Valley Park, MO Article V Water Companies

Section 625.050 Water Companies. [1]

[R.O. 2013 §625.050; CC 1984 §9-220; Ord. No. 646 §1, 3-6-1978]

A. Every person now or hereafter engaged in the business of furnishing water or water service in the City shall pay to the City an annual license tax based upon five percent (5%) of the gross receipts derived from furnishing such service within the City.

B. Every person mentioned in Subsection (A) of this Section shall file with the City Clerk not later than the end of a thirty (30) day period following March thirty-first (31st), June thirtieth (30th), September thirtieth (30th) and December thirty-first (31st) a statement of gross receipts derived by such person during the preceding calendar quarter. The person filing the statement shall pay, with the filing, to the City Clerk, five percent (5%) of such gross receipts.

C. The payments required by the provisions of this Section shall be in lieu of all other excises, charges, exactions, rentals, impositions or other license or occupation taxes, but nothing herein contained shall be construed to exempt such person from any general or ad valorem tax imposed upon the public generally by the City or from charges by the City for opening streets or other similar charges.

D. Should any of the payments called for in this Section not be paid by the dates designated in Subsection (B), interest shall be charged at an annual rate of eight percent (8%) for each day said payment is late.

[1] Cross Reference — As to water and sewers, chs. 535 and 540.