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ARTICLE 905. ELECTRICITY, ELgCTR~CAL POI/ER OR ELECTRICAL SERVICE. Section 905.1. License tax. Section 905.2. Quarterly report and payment of tax. Section 905.3. Authority of director of finance. Section 905.4. Credit for franchise or other pas~.nents. Section 905.5. Not exempt from payment of other taxes. Section 905.6. Penalty. Section 905.1. License tax: Every person, firm, or corporation now or hereafter engaged in the business of supply or furnishing electricity, electrical power, or electrical service in the city, shall pay to the city as a license or occupational tax 5% of the gross receipts derived from such business within ti~e city. Section 905.2. Quarterly reports and payment of tax: Every person, fimn or corporation engaged in the business hereinbefore set forth in the city is here- by required to file with the director of finance of the city on or before February 15, 1950, a statement showing tile gross receipts derived from the transaction of such business in the city during the last three months of the calendar year 1959, and pay the tax herein levied accruing during said three months' period. There- after, the tax shall be paid quarterly in the following manner: a statement show- ins tile gross receipts derived from the operation of such business during the three monthsI period ending on the last day of March, June, September and December of each calendar year, shall be filed with the director of finance within forty-five days after the close of eaci: such period, end the tax shall be paid at the time of the filing of such statement. It shall not be necessary to include in such state- ment, nor calculate the tax upon, any receipts derived fro~ any such service furn- ished the city or any other gover~a~ental unit therein. Section 905.3. Authority of director of finance: The director of finance or his deputies shall be and are hereby authorized to investigate the correctness and accuracy of the statement so filed and for that purpose shall have access at all reasonable times to the boolm~ documents, papers, and records of any person making suclz return in order to ascertain the accuracy thereof. Section 905,4. Credit for franchise or other payments: In the event that any person, firm, or corporation engaged in the business hereinbefore set fortk within the city is required by the terms of any franchise contract heretofore entered into with the city to make any payments to the city, such person, firm, or corporation shall receive a credit on such payments equal to the amount of tax provided for in this article, and should the tax herein provided for exceed the payments provided for in such franchise contracts, then the payments required to be made by such person, firm, or corporation shall be as set forth in this article. Section 905~5. Not exempt fram payment of other taxes: Nothing contained in this article shall be so construed as to exempt any person, firm, or corporation to which this article is applicable fram the paint to the city of the tax which the city levies upon the real or personal property belonging to any such person, firm or corporation. Section 905.6. Penalty: Any person, firm or corporation violating ~y of the provisions of this article shall, upon conviction thereof, be suL- jcct t~ a fine not exce6din~ the ~ur.% of five hundred dollars for each such violation.