A tax is imposed on all persons engaged in the following occupations and privileges:

    A.    Persons engaged in the business of transmitting messages by means of electricity, at the rate of five percent of the gross receipts from such business originating within the corporate limits of the city; and

    B.    Persons engaged in the business of distributing, supplying, furnishing or selling gas for use or consumption within the corporate limits of the city and not for resale, at the rate of five percent of the gross receipts therefrom; and

    C.    Persons engaged in the business of distributing, supplying, furnishing or selling electricity for use or consumption within the corporate limits of the city and not for resale, at the rate of five percent of the gross receipts therefrom.

    At such time as the indebtedness incurred by the city to renovate or replace city buildings in order to bring the same into compliance with the Federal Americans With Disabilities Act, the tax rate in this section of this ordinance established shall be automatically reduced from five percent to four percent, pursuant to this chapter. (Ord. 1074 § 1, 1992: Ord. 472 § 1, 1981)