From and after March 3, 1981, there is hereby levied and assessed an annual tax of 2% upon the gross receipts from residential and commercial sales of gas in the city which tax shall be in lieu of any other franchise, license, occupation or other taxes pursuant to 68 O.S. §§ 2601 to 2605.
(`90 Code, § 7-52) (Ord. 2676, passed 3-3-81)