In no case shall the city collect more than five percent of the greater amount of
(a) the gross revenue derived from the sale, use, distribution or consumption of said
utilities, and (b) the fair market value to the ultimate consumer of said utilities,
that are used or consumed within the corporate limits of the city. If the supplier
is not also the distributor of the public utility service, and the supplier or the
distributor has paid the tax levied herein, or any portion thereof, then the city
shall credit the amount paid toward the amount owing.
(Ord. No. 90-08-11 § 2, 1990)
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