§ I. DEFINITIONS.

Latest version.

For the purpose of this ordinance, the following terms shall have the meanings given herein:
A.

"City" refers to the City of Hobbs, New Mexico;

B.

"Company" refers to Hobbs Gas Company;

C.

"Commission" refers to the City Commission of the City of Hobbs;

D.

"Gross receipts" shall mean all receipts derived by the Company from the sale of gas to residential and commercial customers within the corporate limits of the City. NOTE: Commercial customers as used herein shall not be construed to include any political subdivisions of Federal, State or Local government or any non-profit organization exempt from the gross receipts tax by the State of New Mexico or any industrial customer as defines by the rules and regulations of the New Mexico Public Service Commission.

                    
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