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18149ORDINANCE NO. 18 ,149 1 2 744 3 AN ORDINANCE FIXING AND IMPOSING THE AGGREGATE 4 AMOUNT OF FEES AND CHARGES TO BE PAID THE CITY OF 5 LITTLE ROCK, ARKANSAS BY ENTERGY AND THE METHOD 6 7 OF PAYMENT THEREOF BEGINNING IN 2000; AMENDING 8 SECTION 9 OF ORDINANCE NO. 11,683, AND FOR OTHER 9 PURPOSES. to 11 WHEREAS, Entergy (formerly Arkansas Power and Light Company) is duly authorized 12 by franchise agreement to, among other things, construct, operate, maintain and extend an electric 13 system within the City of Little Rock, Arkansas (the "City ") and to sell, furnish, transmit and 14 distribute electric power and energy to the City and citizens residing therein; and 15 16 WHEREAS, Entergy is now providing electric service to the City and its inhabitants and 17 occupying the streets, alleys, airways and other public rights -of -way within the City pursuant to 18 said franchise agreement, and making certain payments to the City in lieu of all other taxes, fees, 19 charges, impositions, and licenses, except general taxes; and 20 21 WHEREAS, the City is legally authorized to impose and Entergy is obligated to pay a just 22 and reasonable franchise fee in connection with its operations in the City. 23 24 NOW, THEREFORE BE IT ORDAINED BY THE BOARD OF DIRECTORS OF 25 THE CITY OF LITTLE ROCK, ARKANSAS: 26 27 SECTION 1: Section 9 of the Franchise Agreement which is Little Rock, Ark., Ordinance 28 No. 11,683, as amended, is hereby amended to include the following: 29 30 For the year beginning January 1, 2000, Entergy shall pay in monthly installments, 31 the sum of five and two tenths percent (5.2 %) of the Company's gross revenue 32 collection as paid to it by industrial, commercial, and residential users located 33 within the corporate limits of the City of Little Rock or the sum of Eight Million 34 35 Eight Hundred Thousand Dollars ($8,800,000), whichever is greater. Such gross 36 revenues shall be certified by an officer of Entergy. 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 0 0 SECTION 2: Payments to the City by Entergy of the amounts as provided for in Section 1 hereof shall be made monthly on or before the 15th of each month. '7 4 5 SECTION 3: All ordinances and parts of ordinances that conflict herewith are hereby repealed; provided, however, only to the extent that the same are in direct conflict herewith.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 Entergy is operating, as set forth in Ordinance 11,683, as amended. SECTION 4. This ordinance shall be in effect on and after January 1, 2000. PASSED: December 7, 1999 ATTEST: CITY CLERK ROBBIE HANCOCK APPROVED AS TO FORM: t �-4 - -- THOMAS M. CARPENTER CITY ATTORNEY APPROVED: in• • Entergy Customer Service —� E tff rig Entergy Court boy e Little Rock, AR 72211 Tel 501 223 6160 Jim Martindale Customer Service Manager Little Rock Division 7 <16 January 18, 2000 Mayor Jim Dailey Little Rock City Hall 500 W. Markham Little Rock, AR 72201 Dear Mayor Dailey: This will acknowledge receipt of Ordinance 18, 149, adopted December 7, 1999, to become effective in the year 2000. This ordinance proposes to amend Section 9 of Entergy's Franchise Contract Ordinance No. 11, 683, but does not alter the terms and provisions of Section 9. Since our franchise contract requires mutual consent for amendment, by this letter, Entergy does consent to and accept the proposed amendment to Section 9 of Ordinance 11, 683. Sin ely, La 12Z m Martindale Customer Service Manager cc: Robbie Hancock, City Clerks/ Tom Carpenter, City Attorney JAN 19 2000 ROBBIE HANCOCK LITTLE aoCK CITY CLERK