18584ORDINANCE NO. 18 . 584
AN ORDINANCE AMENDING IN PART ORDINANCE
NO. 11,366 TO PROVIDE FOR LEVYING A FRANCHISE
FEE TO BE PAID BY RELIANT ENERGY (FORMERLY
KNOWN AS ARKANSAS LOUISIANA GAS COMPANY)
FOR THE YEAR 2002; PROVIDING FOR THE
PAYMENT THEREOF.
WHEREAS, Reliant Energy (formerly known as the Arkansas Louisiana Gas Company,
ARKLA) ( "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:
follows:
SECTION 1. Section 1 of Ordinance No. 11,366, as amended, is amended to read as
For the year 2002, Reliant Energy (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 2001 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)
• i
per year, whichever is greater. The auditor of the Gas Company shall certify said
gross revenues.
SECTION 2. Payments to the City by Reliant Energy (formerly Arkansas
Louisiana Gas Company) of the 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repealed; provided, however, only to the extent that the same are in direct conflict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, 2002.
PASSED: October 16, 2001
ATTEST:
APP OVED AS TO FORM:
THOMASM.CARPENTER
CITY ATTORNEY
APPROVED:
JI AILEY MAYOR