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14150U ORDINANCE NO. 14,150 AN ORDINANCE LEVYING A PRIVILEGE TAX UPON THE LITTLE ROCK MUNICIPAI. WATER WORKS; AUTHORIZING PASSING ON SAID TAX TO RESIDENT WATER CONSUMERS; AND DECLARING AN EMERGENCY. WHEREAS, under the provisions of Act 50 of 1965, the legislature of the State of Arkansas authorized municipally owned waterworks systems to make certain payments to the general funds in return for police, fire and health protection and in return for administrative and other services furnished such waterworks systems by municipalities; and WHEREAS, the sums authorized to be paid by the Little Rock Municipal Water Works have now become inequitable in the City of Little Rock compared to the monies to be paid the City by other utilities and in view of the increased cost of services furnished by the City. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. There is hereby levied upon the Little Rock Municipal Water Works a privilege tax in the amount of Three Hundred Forty Thousand Dollars ($340,000.00) for the year 1982. Said tax shall be paid in twelve equal monthly instal- lments within fifteen days after the end of each calendar month of the year. Section 2. The taxes hereby levied shall be paid in addition to any sums paid by the Little Rock Municipal Water Works under the provisions of Act 50, Acts of Arkansas of 1965. Section 3. The Little Rock Municipal Water Works is hereby authorized to pass on said taxes by levying an additional charge the same in amount each month per meter upon Q f� I' ( OILY m 1 5x2ol ,d ��sTA7E w . map,0 4M sT, III a iz W E*T=_ . ST, Cho 50ZE 15' X 20' ©2 3 So 42 sc._;E resident consumers sufficient, but only sufficient, in the f,.,. aggregate to recover the taxes levied in Section 1 hereof together with the cost of collection thereof. The Water Works may terminate the services of any consumer who fails to pay such charge when due. Section 4. The Board of Directors of the City of Little Pock has determined that governmental services of the City are declining rapidly in quantity and quality because of inadequate funds. An emergency is thereby created and is hereby declared and this ordinance, being necessary for the immediate preservation of the public health, safety and wel- fare, shall be in full force and effect from and after its passage. PASSED: November 3, 1981 63 ATTEST: APPROVED :�"��uiy�Ct� �- i CLE=0 MAYOR