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157551 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 ORDINANCE NO. 15,755 M 0 352 AN ORDINANCE AMENDING IN PART ORDINANCE NO. 11,366 TO PROVIDE FOR LEVYING A FRANCHISE FEE TO BE PAID BY ARKANSAS LOUISIANA GAS COMPANY FOR THE YEAR 1990; PROVIDING FOR THE PAYMENT THEREOF. WHEREAS, the Arkansas Louisiana Gas Company (hereinafter sometimes referred to as "Gas Company ") is or will be duly authorized by franchise ordinance to operate a gas distribution system and appurtenances thereto, used in or incident to the rendition of gas service to Little Rock, Arkansas (hereinafter referred to as "the City ") and the inhabitants thereof residing in said municipality; and WHEREAS, the Gas_Company is now and will be occupying the streets, alleys and rights -of -way of the City for the purpose of operating, maintaining, and extending its gas services to the municipality and supplying the municipality and consumers therein gas service; and WHEREAS, the City is entitled to receive such just and reasonable fees from the Gas Company for such use, which the City may lawfully impose and the Gas Company is obligated to pay. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS; SECTION 1: Section 1 of Ordinance No. 11,366, as amended, is amended to read as follows: For the year 1990, the Gas Company shall on a monthly basis pay an amount equal to five and two- tenths percent (5.2 %) of the Gas Company's gross revenues as paid to it during the calendar year 1990 by all of its customers, including but b -'SF M 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18' 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 353 not limited to industrial, residential and commercial customers located within the corporate limits of the City of Little Rock or the sum of Two Million Three Hundred Thousand Dollars ($2,300,000) per year, whichever is greater. Said gross revenues shall be certified by an officer of the Gas Company. SECTION 2: Payments to the City by Arkansas Louisiana Gas Company of the amounts as provided for in Section 1 hereof shall be made monthly payable by the 15th of each month. SECTION 3: All ordinances and parts of ordinances that conflict herewith are hereby repealed; provided, however, only to the extent that the same are in direct conflict herewith. Except as provided, nothing herein shall be construed to alter or change the terms or conditions of the present franchise under which the Gas Company is operating. SECTION 4: This ordinance shall be in effect on and after January 1., 199.0_. _ PASSED: October 3, 1989 ATTEST: Q4 a2 CI((Y CLERK '´┐ŻAE CZECH APPROVED A TO FORM / 3 6 b MARK STODOLA, CITY ATTORNEY APPROVED: U MAYOR FiAD G. "BUDD Y" VILLINES