(A) The city hereby establishes a natural gas utility franchise fee to be imposed on gross revenues of every natural gas utility selling natural gas within the corporate limits of the city.
(B) The initial franchise fee shall be 0%. Any natural gas utility subject to this subchapter shall be notified not less than 90 days before the effective date of any amendment in the franchise fee rate.
(C) If a franchise fee is hereinafter imposed, the amount paid by natural gas providers shall be in lieu of, and natural gas providers shall be exempt from, all other fees, charges, taxes or assessments, except special assessments, which the city may impose for the privilege of doing business within the city, including, without limitation, excise taxes, licensing fees or right-of-way permit fees.
(Prior Code, § 1-12-2) (Ord. 726, passed 7-18-2011)