There is hereby imposed and levied upon all persons, firms and corporations using the streets, alleys and public easements within the city of North Bend for an electric power distribution system a fee and tax equivalent to five percent of such user’s “gross operating revenue,” which is defined as the gross revenue from the sale and use of electricity and electric service within the corporate limits of the city of North Bend, after deducting therefrom revenues derived from business done with the United States of America, or any agency therefrom, and after deducting therefrom any amounts paid by the grantee to the United States or to the state of Oregon as excise, occupation or business taxes upon the sale or distribution of electric service in the city. (Ord. 1741 § 1, 1989; Ord. 1476 § 1, 1974)