HomeMy WebLinkAbout21338 1 ORDINANCE NO. 21,338
2
3 AN ORDINANCE TO AMEND LITTLE ROCK, ARK., ORDINANCE NO.
4 11,366 (MARCH 4, 1963) TO PROVIDE FOR LEVYING A FRANCHISE
5 FEE TO BE PAID BY CENTERPOINT ENERGY ARKLA; TO PROVIDE
6 FOR THE PAYMENT THEREOF; AND FOR OTHER PURPOSES.
7
8 WHEREAS,CenterPoint Energy ARKLA ("the Gas Company") is authorized by franchise ordinance
9 to operate a gas distribution system and appurtenances thereto, used in or incident to the rendition of gas
10 service to the City of Little Rock, Arkansas("the City")and the inhabitants residing therein;and
11 WHEREAS,the Gas Company is now and will be occupying the streets, alleys and rights-of-way of
12 the City for the purpose of operating, maintaining,and extending its gas services to the City and supplying
13 the City and consumers therein gas service;and
14 WHEREAS,the City is legally authorized to impose,and the Gas Company is obligated to pay a just
15 and reasonable Franchise Fee in connection with the operations in the City.
16 NOW,THEREFORE,BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY
17 OF LITTLE ROCK,ARKANSAS:
18 Section 1. Section 1 of Little Rock, Ark., Ordinance No. 11,366(March 4, 1963) is hereby amended
19 to read as follows:
20 CenterPoint Energy ARKLA(the Gas Company)shall on a monthly basis pay a Franchise
21 Fee in an amount equal to 5.2%of the Gas Company's gross revenues as paid to it during
22 the Calendar Year 2017 and each year thereafter by all of its customers, including but not
23 limited to industrial, residential and commercial customers located within the corporate
24 limits of the City of Little Rock or the sum of Two Million.One Hundred Thousand Dollars
25 ($2,100,000)per year,whichever is greater. The Auditor of the Gas Company shall certify
26 said gross revenues.
27 Section 2. Payments to the City by CenterPoint Energy ARKLA of the amounts as provided for in
28 Section 1 hereof shall be made monthly on or before the 15th day of each month.
29 Section 3: CenterPoint Energy ARKLA shall also be subject to the relocation policy set forth in Little
30 Rock,Ark., Rev.Code §§2-350—357(1988).
31 Section 4. All ordinances and parts of ordinances that conflict herewith are hereby repealed;provided,
32 however,only to the extent that the same are in direct conflict herewith. Except as provided,nothing herein
33 shall be construed to alter or change the terms or conditions of the present franchise under which the Gas
'Page I of 21
Company is operating.
2 Section 5. Effective Date. Because an ordinance of this nature remains in effect until abandoned, and
3 in light of the language of the current Section 1 of this ordinance, it is noted that the Franchise Fees set
4 forth in Section 1 of this ordinance shall be in full force and on January I, 2017.
5 PASSED: December 13,2016
6AT .14 APPROVED:
6 /
..411111.1° d, /
8 .
9 us ahg1 y ty Clerk Mark Stodola,Mayor
10 APPR VE AO LEGAL FORM:
11
12 1
13 Thomas M. Carpenter,City Attort
14 //
15 //
16 //
17 //
18 //
19 //
20 //
21 //
22 //
23 //
24 //
25 //
26 //
27 //
28 //
29 //
30 //
31 //
32 //
33 //
34 //
IPage2of21