(A) A tax is imposed on all persons engaged in the occupation or privilege of using or consuming electricity acquired in a purchase at retail and used or consumed within the corporate limits of the village at the following rates, calculated on a monthly basis for each purchaser in an amount as established in the annual fee ordinance.
(B) Pursuant to 65 ILCS 5/8-11-2, the rates set forth in subsection (A) above shall be effective:
(1) On May 1, 1999 for residential customers; and
(2) For nonresidential customers, on the earlier of:
(a) The first bill for electric service issued after January 1, 2001; or
(b) The date of the first bill for electric service issued pursuant to 220 ILCS 5/16-104.
(C) Pursuant to 65 ILCS 5/8-11-2, the tax imposed by § 1(c) of Ordinance 556 (providing for a gross receipts utility tax), as amended by Ordinance 695, shall remain in effect:
(1) For receipts attributable to residential customers, until April 30, 1999; and
(2) For receipts attributable to nonresidential customers, the earlier of:
(a) Through the last bill for electric service issued prior to December 31, 2000; or
(b) The date of the first bill for electric service issued to the nonresidential customer pursuant to 220 ILCS 5/16-104.
(Ord. 844, passed 2-8-1999; Ord. 850, passed 4-12-1999)