721.05  PRODUCTION OF COAL AND OTHER NATURAL RESOURCE PRODUCTS.
   Upon every person engaging or continuing within this Town in the business of producing for sale, profit or commercial use any natural resource products, the amount of such tax to be equal to the value of the articles produced as shown by the gross proceeds derived from the sale thereof by the producer, except as otherwise provided, multiplied by the respective rates as follows:  Coal, one percent (1%); Limestone or sandstone, not mined or quarried, three percent (3%); Oil, blast furnace slag, three percent (3%); Natural gas, in excess of the value of five thousand dollars ($5,000), six percent (6%); Limestone or sandstone, mined or quarried, one and one-half percent (1.5%); Timber, one and one-half percent (1.5%); Other natural resource products, two percent (2%).  The measure of this tax is the value of the entire production in this Town, regardless of the place of sale or the fact that the delivery may be made to points outside the Town.    (Ord. 96-06.  Passed 11-7-96.)