Every person, firm, or corporation engaged in the business of manufacturing, transmitting, distributing and selling electricity for lighting, heating, and power and for any and all other purposes, shall pay to the city as a license or occupational tax 5% of the gross revenue derived from the sale and distribution of such electrical energy to residential and commercial customers within the city limits, which sum shall be paid by such concerns to the city semiannually.
(Prior Code, § 610.010) (Ord. 190, passed 12-6-1977)