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INTRODUCED BY: Mr. Sharpe DATE: March 11, 2013 BILL NO. 9180 ORDINANCE NO. 6911 AN ORDINANCE OF UNIVERSITY CITY, MISSOURI, REAFFIRMING THE LICENSE TAX TO BE IMPOSED ON THE GROSS RECEIPTS OF BUSINESS SUPPLYING OR FURNISHING ELECTRICITY OR GAS SERVICE CORPORATION CONDUCTING BUSINESS WITHIN THE CITY AND MATTERS RELATED THERETO; CONTAINING AN EMERGENCY CLAUSE. WHEREAS, the Missouri Public Service Commission ("PSC") has granted a tariff increase of 10.05 percent to Union Electric Company d/b/a Ameren Missouri ("Ameren Missouri"); and WHEREAS, tariff increases in excess of seven percent (7%) trigger certain requirements under Section 393.275 of the Revised Statutes of Missouri, as amended, to either roll back the rate of gross receipts taxes imposed by cities on Ameren Missouri or to pass an ordinance maintaining the existing rates despite the increase in the gross receipts to Ameren Missouri as a result of the tariff increase; and WHEREAS, Section 393.275 requires cities to roll back the rate of the business license gross receipts tax within sixty (60) days of the effective date of the tariff increase unless such cities pass an ordinance to maintain the existing rate; and WHEREAS, the PSC has established the effective date of the tariff increase granted to Ameren Missouri as January 13, 2013, and sixty (60) days from that date is March 14, 2013; NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF UNIVERSITY CITY, MISSOURI, AS FOLLOWS: Section 1. The license tax on the gross receipts of businesses supplying electricity or gas services, including but not limited to Ameren Missouri, pursuant to Chapter 5.32 and 5.36 of the Municipal Code of University City shall be maintained at its existing rate as set forth and established in Sections 5.32.010 and 5.36.010, notwithstanding any tariff increase awarded by the PSC to Ameren Missouri, including but not limited to such increase purportedly effective on January 13, 2013. This ordinance shall be deemed to constitute the applicable exemption of the City from further application of rate adjustment requirements of Section 393.275.2 R.S.Mo. Section 2. There is hereby adopted a "No Automatic Adjustments" Pursuant to Section 393.275 R.S.Mo., and other applicable authority, the City shall maintain now and herein after, unless otherwise provided by law, the tax rates of its license taxes on the gross receipts of businesses supplying electricity or gas services, including as imposed pursuant to Sections 5.32.010 and 5.36.010, as may be amended from time to time, without reduction,