12882ORDINANCE NO. 121-882
AN ORDINANCE LEVYING A PRIVILEGE TAX UPON
THE LITTLE ROCK MUNICIPAL WATER WORKS,
AUTHORIZING PASSING ON SAID TAX TO RESIDENT
WATER CONSUMERS AND DECLARING AN EMERGENCY.
WHEREAS, under the provisions of Act 50 of 1965, the
legislature of the State of Arkansas authorized municipally
owned.waterworks systems to make certain payments to the general
funds of municipalities in lieu of taxes, in return for police,
fire and health protection and in return for administrative
and other services furnished such waterworks systems by munici-
palities; and
WHEREAS, the sums authorized to be paid in lieu of taxes
have now become inequitable in the City of Little Rock compared
to the amount of taxes to be paid the City by other utilities
and in view of the increased cost of services furnished by the
City.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS.
SECTION 1. There is hereby levied upon the Little Rock
Municipal Water Works a privilege tax in the amount of One
Hundred Sixty Seven Thousand, Six Hundred and Fifty Two Dollars
($167,652.00) for the year 1974. Said tax shall be paid in
twelve equal monthly installments within fifteen days after
the end of each calendar month of the year.
SECTION 2. The taxes hereby levied shall be paid in
addition to any sums paid by the Little Rock Municipal Water
Works under the provisions of Act 50 of 1965.
SECTION 3. The Little Rock Municipal Water Works is hereby
authorized to pass on said taxes by levying an additional charge
the same in amount each month per meter upon resident consumers
sufficient, but only sufficient, in the aggregate to recover the
taxes levied in Section 1 hereof together with the cost of
collection thereof. The Water Works may terminate the services
of any consumer who fails to pay such charge when due.
F -G
SECTION 4. The Board of Directors of the City of Little
Rock has determined that governmental services of the City are
declining rapidly in quantity and quality because of inadequate
funds. An emergency is thereby created and is hereby declared
and this ordinance, being necessary for the immediate preserva-
tion of the public health, safety and welfare, shall be in
full force and effect from and after its passage.
PASSED; December 18, 1973
ATTEST;
9i't y Clerk
APPROVED: jj!/A4JWI'
Mayor