(A) The amount paid by energy providers shall be in lieu of, and energy providers shall be exempt from, all other occupation, license, excise or right-of-way permit fees or taxes which the city may impose for the rights and privileges herein granted or for the privilege of doing business within the city, and in the event any fee, charge, license, tax or assessment shall be imposed by the city, the payment to be made in accordance with the provisions of this section shall be reduced in an amount equal to the annual burden of the fee, charge, license, tax or assessment imposed upon the energy providers.
(B) Ad valorem property taxes imposed generally upon all real and personal property within the city shall not be deemed to affect the obligation of the energy providers under this section.
(Ord. 869, passed 5-22-2007)