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ORDINANCE NO. 13,928
AN ORDINANCE AMENDING IN PART SECTIONS 1 AND 2 OF
ORDINANCE NO. 11,366 ID PROVIDE FOR LEVYING ADDI-
TIONAL PRIVILEGE TAX TO BE PAID BY ARKANSAS
LOUISIANA GAS COMPANY FOR THE YEAR 1981; PROVID-
ING FOR THE PAYMENT THEREOF; DECLARING AN II4ERGENCY
AND FOR OTHER PURPOSES.
WHEREAS, the Arkansas Louisiana Gas Company (hereinafter sane -
times referred to as "Gas Company ") is or will be duly authorized by
franchise ordinance to operate a gas distribution system and appur-
tenances thereto, used in or incident to the rendition of gas service
to Little Rock, Arkansas and the inhabitants thereof residing in said
municipality; and
WHEREAS, the Gas Company is now or will be occupying the
streets and alleys of this City for the purpose of operating, main-
taining and extending its gas service to the municipality and the in-
habitants and consumers residing in said municipality and supplying
the municipality and consumers therein gas service; and
WHEREAS, the municipality is entitled to receive such just and
reasonable taxes fran the Gas Company which the municipality may law-
fully impose and the Gas Company is entitled to pay.
WHEREAS, that portion of the city revenues derived from the
three -mill county road tax is no longer available to the city.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS.
SECTION 1. The sale, furnishing, transmission and distribu-
tion of gas and energy by the ARKI-A Gas Company within the City is
hereby declared to be a special privilege and for such privilege the
Gas Company shall pay to the City a special tax, charge or imposi-
tion, as follows:
For the year 1981 the Gas Company shall pay in
equal monthly installments beginning January
1981, the stun of One Million Three Hundred Thirty
Nine Thousand Six Hundred Fifty Dollars ($1,339,650)
or an amount equal to five and two- tenths (5.2%) percent
of the Gas Company's gross residential, commercial, and
industrial gas revenues as paid to it during the
calendar year 1981 by industrial, residential and
commercial customers located within the corporate
limits of the City of Little Rock, whichever is
greater.
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SECTION 2. Payments to the City by Arkansas Louisiana Gas
Company for the net additional taxes as provided for in Section 1
hereof shall be made monthly by the 15th of each month.
SECTION 3. All Ordinances and parts of Ordinances that con-
flict herewith are hereby repealed. Provided, however, Ordinance
No. 11,366 of the City of Little Rock is repealed only to the extent
that the same is in direct conflict herewith and 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. Whereas there is a great need for revenues in the
City of Little Rock, Arkansas to carry an necessary public service;
and whereas such additional taxes are necessary in order to provide
additional funds for necessary municipal purposes and it is necessary
that this Ordinance shall become effective immediately in order to
provide for the prompt computation and collection of said taxes;
therefore, an emergency is hereby declared to exist and this Ordinance
being necessary for the immediate protection of the public peace,
health and safety shall take effect immediately upon its passage and
approval.
PASSED: November 26, 1980
AT17ST: V-X� 4c�
City clerk
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