13122.
ORDINANCE N'O' 13,122
AN ORDINANCE AMENDING IN PART SECTIONS 1 AND 2
OF ORDINANCE NO. 11,366 TO PROVIDE FOR LEVYING
ADDITIONAL PRIVILEGE TAX TO BE PAID BY ARKANSAS
LOUISIANA GAS COMPANY FOR THE YEAR 1976; PRO-
VIDING FOR THE PAYMENT THEREOF; DECLARING AN
EMERGENCY; AND FOR OTHER PURPOSES
N
M WHEREAS, the Arkansas Louisiana Gas Company (hereinafter
sometimes referred to as "Gas Company ") is or will be duly
authorized by franchise ordinance to operate a gas distribution
u
0 system and appurtenances thereto, used in or incident to the
>.
�Q rendition of gas service to Little Rock, Arkansas, and the in-
r
ra habitants thereof residing in said municipality; and
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WHEREAS, the Gas Company is now or will be occupying the
streets and alleys of this City for the purpose of operating,
maintaining and extending its gas service to the municipality
and the inhabitants 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 from the Gas Company which the municipality
may lawfully impose and the Gas Company is entitled to pay.
NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS.
SECTION 1. In addition to the annual franchise or privilege
tax to be paid to the City of Little Rock by Arkansas Louisiana
Gas Company for the privilege of doing business in the City of
Little Rock, Arkansas for the year 1976, as provided for by Sec-
tion 1, Ordinance No. 11,366 dated March 4, 1963, there is hereby
levied and Arkansas Louisiana Gas Company shall pay to the City
of Little Rock the sum of Three Hundred Thirteen Thousand ($313,200)
Two hundred dollars.
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 day of each month covering
the preceding calendar month.
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-2-
SECTION 3. Pursuant to authority of an Order of the Arkansas
Public Service Commission relating to and approving a formula for
computation of municipal taxes which may be considered a part of
the rate structure for the Arkansas Louisiana Gas Company which
rate was fixed by said Order at Two ($2.00) dollars per meter per
year, the City hereby recognizes and expects that the Arkansas
Louisiana Gas Company will cause the net additional taxes levied
in Section 1 hereof together with collection costs to be passed on
to its customers within the City of Little Rock. Such additional
charges may be reflected on monthly statements as "City Taxes."
SECTION 4. 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 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 5. Whereas there is a great need for revenues in the
City of Little Rock, Arkansas to carry on necessary public service;
and whereas the Arkansas Public Service Commission has approved a
standard formula for computation of municipal Occupation (license,
franchise, or other special city) Taxes in the amount of $2.00
per meter per year, based on the average number of meters, and
whereas under such formula any additional such tax will be passed
on by the Gas Company to its customers in said municipality, toge-
ther with costs of collection; 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 com-
putation 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: December 17, 1975
ATTEST: APPROVED: `C
ity Clerk 4Mayor