12721ORDINANCE NO. 12,721
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 municipalities; 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
Twenty Five Thousand Dollars ($125,000.00) for the year 1973. 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
gufficient, but only sufficient,in the aggregate to recover the taxes
levied in Section 1 hereof together with the cost of collection there-
of. The Water Works may terminate the services of any consumer who
fails to pay such charge when due.
n !3
qft
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 preservation of the public health,
safety and welfare, shall be in full force and effect from and after
its passage.
PASSED: December 19, 1972
ATTEST
i y Cle
APPROVED:
Mayor 4f4�Qo