There is hereby levied and assessed an annual tax of two percent (2%) upon the gross receipts from residential and commercial sales of natural gas within the corporate limits of the town of Beaver, excepting therefrom the gross receipts for gas sold to the municipality for its own use, all public schools and all county, state and federal governmental agencies and institutions. Said tax shall be in lieu of any other franchise, license, occupation or excise tax levied by the town of Beaver, all as provided for in 68 Oklahoma Statutes sections 2601 to 2605. (Ord. 97-98-1, 6-10-1998)