A privilege tax is imposed on the gross revenues of any electric public utility providing electricity to customers or users within the Wood Village city limits in the amount of one and one-half percent of those revenues. As used herein, “electric public utility” means a “public utility” as defined by ORS 757.005(1) that provides electricity directly or indirectly to or for the public. Any privilege tax shall be in addition to any franchise fee imposed by a franchise ordinance.