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203691 ORDINANCE NO. 20,369 2 3 AN ORDINANCE TO AMEND IN PART ORDIN. 4 FOR LEVYING A FRANCHISE FEE TO BE PAl 5 ARKLA; TO PROVIDE FOR THE PAYMENT 6 PURPOSES. 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 WHEREAS, CenterPoint Energy ARKLA ( "the Gas Corr operate a gas distribution system and appurtenances thereto, us to the City of Little Rock, Arkansas ( "the City ") and the inhab WHEREAS, the Gas Company is now and will be occup} City for the purpose of operating, maintaining, and extending it and consumers therein gas service; and WHEREAS, the City is legally authorized to impose, and reasonable franchise fee in connection with the operations in t NOW, THEREFORE, BE IT ORDAINED BY THE B( LITTLE ROCK, ARKANSAS: Section 1. Section 1 of Ordinance No. 11,366, as amend( CenterPoint Energy ARKLA (the Gas Company) shall in an amount equal to five and two tenths percent revenues as paid to it during the calendar year 2011 customers, including but not limited to industrial, r( located within the corporate limits of the City of Little Hundred Thousand Dollars ($2,100,000) per year, wl Gas Company shall certify said gross revenues. Section 2. Payments to the City by CenterPoint Energy Al 1 hereof shall be made monthly on or before the 15th day of e Section 3: Centerpoint Energy ARKLA shall also be sut Rock, Ark., Rev. Code § §2 -350 — 357 (1988). Section 4. All ordinances and parts of ordinances that co however, only to the extent that the same are in direct conflict shall be construed to alter or change the terms or conditions Company is operating. [PAGE 1 OF 2] kNCE NO. 11,366, TO PROVIDE D BY CENTERPOINT ENERGY THEREOF; AND FOR OTHER any ") is authorized by franchise ordinance to d in or incident to the rendition of gas service ants residing therein; and ag the streets, alleys and rights -of -way of the gas services to the City and supplying the City Gas Company is obligated to pay a just and City. RD OF DIRECTORS OF THE CITY OF is amended to read as follows: a monthly basis pay a franchise fee 2 %) of the Gas Company's gross d each year thereafter by all of its lential and commercial customers ck or the sum of Two Million, One Lever is greater. The auditor of the A of the amounts as provided for in Section month. to the relocation policy set forth in Little flict herewith are hereby repealed; provided, ierewith. Except as provided, nothing herein f the present franchise under which the Gas 1 Section 5. This ordinance shall be in effect on and after J 2 PASSED: December 7, 2010 3 ATTEST: 4 5 6 usan n , City Clerk 7 APPR S TO LEGAL FORM: 8 9 lo Thomas M. Carpenter, Cit3VAttbrney 11 // 12 // 13 // 14 15 16 17 18 19 20 // 21 // 22 23 24 // 25 26 27 // 28 29 30 // 31 32 33 34 [PAGE 2 OF 2] 1, 2011. APPROVED: Mark Stodola, Mayor