12576V
ORDINANCE NO. 12,576
AN ORDINANCE AMENDING IN PART SECTION 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 1972;
PROVIDING FOR THE PAYMENT THEREOF; DECLARING
AN EMERGENCY; AND FOR OTHER PURPOSES,
WHEREAS, the Arkansas Louisiana Gas Company(hereinafter some-
times 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
and reasonable taxes from the Gas Company
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may lawfully impose and the Gas Company is
NOW, THEREFORE, BE IT ORDAINED BY THE
THE CITY OF LITTLE ROCK, ARKANSAS.
SECTION 1. In addition to the annual
to receive such just
iuhich the municipality
entitled to pay.
BOARD OF DIRECTORS OF
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 1972, 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 the sum of Three Hundred Four Thousand, Five Hundred
and Nine Dollars ($304,509.00),
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SECTION 2. Payments to the City by Arkansas Louisiana Gas
Company for the additional taxes as provided for in Section 1
hereof shall be made monthly by the 15th day of each month
covering the preceeding 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 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 amourt of $2.00 per meter, per year, based on the average
number of meters, and whereas under such formula any additonal
such tax will be passed on by the Gas Company to its customers
in said municipality, together with costs of collection; and
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Whereas such additional taxes are necessary in order to provide
A 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: December 1, 1971
ATTEST: WW
ity Clerk
APPROVED :, 47-e
Mayo