A tax is imposed on all persons engaged in the following occupations or privileges:
A. Persons engaged in the business of distributing, supplying, furnishing or selling gas for use or consumption within the corporate limits of the city, and not for resale, at the rate of two percent of the gross receipts therefrom;
B Persons engaged in the business of distributing, supplying, furnishing or selling electricity for use of consumption within the corporate limits of the City and for the resale, at the rate of two percent of the gross receipts therefrom.
C. On and after May 1, 1998, the aforesaid rate of two percent of the gross receipts provided for in subsections A and B shall be raised to five percent of the gross receipts therefrom.
(Ord. 87-12 § 1, 1986; Ord. 86-31, § 1, 1987; Ord. 98-7, § 1, 1998).