(A) The tax herein provided shall be in lieu of all other payments by or fees and taxes on any telephone utility subject to the provisions of this subchapter, other than ad valorem taxes, and in addition, shall be in lieu of any free services furnished the town by any said telephone utility.
(B) A business upon which an occupation tax is imposed by virtue of this subchapter shall not be required to pay any other occupational tax imposed by any other ordinance heretofore adopted or which may be hereinafter adopted by the Board of Trustees of the town.
(Ord. 1976-1A, passed 12-29-1976; Ord. 1976-4, passed 12-29-1976)