[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.