167911
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. 16,791 608
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 1995; PROVIDING FOR THE PAYMENT
THEREOF.
WHEREAS, the Arkansas Louisiana Gas Company ( "the Gas Company ") is
authorized by franchise ordinance to operate a gas distribution system and appurtenances
thereto, used in or incident to the rendition of gas service to the City of Little Rock,
Arkansas ( "the City ") and the inhabitants residing therein; 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 City and supplying the City and consumers therein gas service; and
WHEREAS, the City is legally authorized to impose and the Gas Company is
obligated to pay a just and reasonable franchise fee in connection with the operations in the
City.
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 1995, the Gas Company shall on a monthly basis pay a franchise
fee in 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 1995 by all
of its customers, including but 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 One Hundred Thousand Dollars
($2,100,000) per year, whichever is greater. Said gross revenues shall be
certified by an officer of the Gas Company.
et
sos
1 SECTION 2. Payments to the City by Arkansas Louisiana Gas Company of the
2
3 amounts as provided for in Section 1 hereof shall be made monthly on or before the 15th
„ day 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hereby repealed; provided, however, only to the extent that the same are in direct conflict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, 1995.
PASSED: December 6, 1994
ATTEST: APPROVED:
(:2 A hglc e d/tA.L1] Ctic. 44k.11
CITY CLERK ROBBIE HANCOCK MAto JIM DAILEY
APPROVED AS TO FORM:
THUMAS . UARPENTER
CITY ATTORNEY