12883,
ORDINANCE NO. 12,883
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 1974; PRO-
VIDING FOR THE PAYMENT THEREOF; DECLARING AN
EMERGENCY; AND FOR OTHER PURPOSES.
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
system and appurtenances 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,
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 1974, as provided for
by Section 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
Seventy Five Thousand, Eight Hundred Forty Dollars($375,840.00).
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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 day of each
month covering the preceding calendar month.
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
conflict 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, together 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 fcr'the prompt
computation and collection of said taxes; therefore,
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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 day of each
month covering the preceding calendar month.
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
conflict 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, together 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 fcr'the prompt
computation and collection of said taxes; therefore,
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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 18, 1973
ATTEST: A!��
Clerk
APPROVED: 44U1W44I(A&
Mayor