18793• • 2003003074
01/19/20 @3 11:08:48 AN
Filed 8 Recorded in
Official Records of
18 793 CAROLYN STALEY
ORDINANCE NO. PULASKI COUNTY
CIRCUIT /COUNTY CLERK
Fees 411.gO
AN ORDINANCE FIXING AND IMPOSING THE AGGREGATE AMOUNT
OF FEES AND CHARGES TO BE PAID THE CITY OF LITTLE ROCK,
ARKANSAS BY ENTERGY AND THE METHOD OF PAYMENT THEREOF
BEGINNING IN 2003; AMENDING SECTION 9 OF ORDINANCE NO.
11,683, AND FOR OTHER PURPOSES.
WHEREAS, Entergy (formerly Arkansas Power and Light Company) is duly authorized by a
franchise agreement to, among other things, construct, operate, maintain and extend an electric
system within the City of Little Rock, Arkansas (the "City ") and to sell, furnish, transmit and
distribute electric power and energy to the City and citizens residing therein; and
WHEREAS, Entergy is now providing electric service to the City and its inhabitants and
occupying the streets, alleys, airways and other public rights -of -way within the City pursuant to said
franchise agreement, and making certain payments to the City in lieu of all other taxes, fees, charges,
impositions, and licenses, except general taxes; and
WHEREAS, the City is legally authorized to impose and Entergy is obligated to pay a just
and reasonable franchise fee in connection with its operations in the City.
NOW, THEREFORE BE IT ORDAINED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1: Section 9 of the Franchise Agreement, which is Little Rock, Ark., Ordinance
No. 11,683, as amended, is hereby amended to include the following:
For the year beginning January 1, 2003, Entergy shall pay in monthly installments, the sum of
five and two tenths percent (5.2 %) of the Company's gross revenue collection as paid to it by
industrial, commercial, and residential users located within the corporate limits of the City of Little
Rock or the sum of Eight Million Eight Hundred Thousand Dollars
greater. The Company's auditor shall certify such gross revenues.
Lit
°OO
°O�GO
is
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.
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repealed; provided, however, only to the extent that the same are in direct conflict herewith.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, 2003.
PASSED: DECEMBER 17, 2002
ATTEST:
NAP, CY W(, D, CITY CLERK
APPROVED AS TO FORM:
Allk
THOMAS M. CARPIENTEW
CITY ATTORNEY
APPROVED: