The tax required to be paid by this chapter shall be in lieu of any other occupation or franchise tax required of any person, firm, or corporation engaged in the business described in § 111.01 and nothing herein contained shall be so construed as to exempt any such person, firm, or corporation from the payment to the city of the tax which the city may levy upon the real or personal property belonging to such person, firm, or corporation, nor to tax required of merchants or manufacturers for the sale of anything other than electric service, nor shall the tax herein required exempt any such person, firm, or corporation from the payment of any other tax which may be lawfully required other than an occupational or franchise tax on the business described in § 111.01.
(Prior Code, § 610.020) (Ord.190, passed 12-6-1977)