751.22 CURRENT RATES.
   (a)   Quarried or Mined Products:
      (1)   Coal - One percent (1%) of gross proceeds.
      (2)   Limestone or sandstone quarried or mined - one and one-half percent (1-1/2%) of gross proceeds.
   (b)   Oil and Natural Gas:
      (1)   Oil - Three percent (3%) of gross proceeds.
      (2)   Natural gas - Six percent (6%) of gross proceeds in excess of $5,000.00 per year.
   (c)   Other Natural Resource Products:
      (1)   Sand and gravel (not quarried or mined) - Three percent (3%) of gross proceeds.
      (2)   Timber - One and one-half percent (1-1/2%) of gross proceeds.
      (3)   Other natural resource products - Two percent (2%) of gross proceeds.
   (d)   Manufactured Products: Three tenths percent (.3%) of gross proceeds.
   (e)   Retailers, Restaurants, Etc.: One-half percent (.50%) of gross income.
   (f)   Public Service or Utilities:
      (1)   Electric light and power companies (sales and demand charges, domestic purposes and commercial lighting) - Four percent (4%) of gross proceeds.
      (2)   Water companies - Four percent (4%) of gross proceeds.
      (3)   Electric light and power companies (all other sales and demand charges) - Three percent (3%) of gross revenues.
      (4)   Natural gas companies - Three percent (3%) of gross revenues.
      (5)   All other public service or utility business - Two percent (2%) of gross revenues.
   (g)   Contracting Business: Two percent (2%) of gross income.
   (h)   Amusements: Five tenths percent (.5%) of gross income.
   (i)   Rents, Royalties, Etc.: One percent (1%) of gross income.
   (j)   Service Business or Calling: One percent (1%) of gross income.
   (k)   Banking and Other Financial Institutions: One percent (1%) of gross income.
   (l)   Wholesalers and Jobbers: Fifteen one-hundredths percent (.15%) of gross income.
   (m)   Motor Vehicle Carriers: One and five tenths percent (1.5%) of net income earned within the City with an annual exemption of two dollars ($2.00).
   (n)   Pipe Line Corporations: One and five tenths percent (1.5%) of net income earned within the City with an annual exemption of two dollars ($2.00).
(Passed 10-24-06.)