10611ORDINANCE NO. lo.611
AN ORDINANCE'AMENDING ORDINANCE NO. 10,045 AS AMENDED BY
ORDINANCE NO. 103,411 OF THE ORDINANCES OF THE CITY OF LITTLE
ROCK, ARKANSAS, REVISING SECTION 12 OF SAID ORDINANCE NO.
10,045 AND SECTION 1 of SAID ORDINANCE NO. 1024113, DECLARING
AN EMERGENCY AND FOR OTHER PURPOSES,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. That Section 12 of Ordinance No. 10,045 as amended
by Section 1 of Ordinance No. 10,411 of the Ordinances of the City of
Little Rock be and is hereby amended to read as follows:
"SECTION 12. In consideration of the various obligations and
duties to be performed by the Company, it shall be entitled to
collect such fares and charges as may, from time to time, be
fixed by the City Council, which fares shall be sufficient and
adequate to provide a reasonable rate of return on its invest-
ment, after paying all operating expenses, taxes, maintenance,
depreciation, and amortization of its property and investment,
and any other proper charges levied against said Company. The
fares which may be charged, until such time as they may be
changed by the procedure as set out above, shall be as follows:
"Children (under 12 years of age) .07J
School Children .10i
Adults .15J
or seven (7) tokens $1.00
Free transfers
Any person boarding the South Highland bus
south of Twentieth and Pine Street shall
only be required to pay one fare for the
purpose of riding the bus to town.1'
SECTION 2. That this ordinance being necessary for the preserva-
tion of the public peace, health and safety, an emergency is hereby
declared to exist. That this ordinance shall be in full force and effect
from and after August 1, 1957. That all ordinances and parts of ordinances
in conflict herewith are hereby repealed.
PASSED: August 12 , 1957.
APPROVED:
ATTEST: _ Mayor
City Clerk