HomeMy WebLinkAbout22605 1 ORDINANCE NO. 22,605
2
3 AN ORDINANCE TO AMEND SECTION 9 OF LITTLE ROCK, ARK.
4 ORDINANCE NO. 11,683 (DECEMBER 6, 1965) CONCERNING
5 FRANCHISE FEES TO BE PAID TO THE CITY OF LITTLE ROCK,
6 ARKANSAS BY ENTERGY ARKANSAS, LLC; AND FOR OTHER
7 PURPOSES.
8
9 WHEREAS, the City of Little Rock, Arkansas (the "City") has granted Entergy Arkansas, LLC
10 ("Entergy Arkansas," as successor to Arkansas Power&Light Company), among other things,a franchise
11 to sell, furnish,transmit and distribute electric power and energy to the City and citizens residing therein
12 pursuant to Little Rock,Ark.Ordinance No. 11,683 (December 6, 1965);and,
13 WHEREAS, Ordinance No. 11,683 has heretofore been amended, with the most recent amendment
14 being made by Little Rock,Ark.Ordinance No.22,558(December 3,2024),which,for the year beginning
15 January 1,2025,and each year thereafter,reflects an agreed upon amount of franchise fees tci be paid to the
16 City by Entergy Arkansas in the amount of 5.2%of its gross revenues within the City limits or$8,800,000,
17 whichever is greater;and,
18 WHEREAS,the City proposes to further amend Ordinance No. 11,683.
19 NOW,THEREFORE BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY
20 OF LITTLE ROCK,ARKANSAS:
21 Section 1. Section 9 of Little Rock,Ark. Ordinance No. 11,683 (December 6, 1965), as amended, is
22 hereby amended to include the following:
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24 For the year beginning January 1, 2025, and each year thereafter, Entergy Arkansas
25 shall pay in monthly installments the greater of:(A)the sum of(i)5.2%of its gross revenue
26 collection as paid to it by industrial,commercial,and residential users within the corporate
27 limits of the City of Little Rock,excluding its gross revenue collection as paid to it by any
28 High Load User(defined below), located within the corporate limits of the City of Little
29 Rock and(ii)0.25%of its gross revenue collection as paid to it by any High Load User or
30 (B)the sum of$8,800,000.
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32 For purposes of such calculation, "High Load User"shall mean any user that(a)takes
33 service from Entergy Arkansas in the corporate limits of the City of Little Rock after April
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1 28, 2025; and (b) contracts with Entergy Arkansas for at least 225 megawatts of service
2 within the corporate limits of the City of Little Rock; and(c)executes a contract with the
3 City of Little Rock with respect to the user's project to be served by Entergy Arkansas;
4 further,no calculation under(A)(ii)above shall be applied by Entergy Arkansas until such
5 time as the City provides Entergy Arkansas with a statement executed by the Mayor on
6 behalf of the City confirming execution of the contract as set forth under(c)above.
7 Section 2. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
8 word of this ordinance is declared or adjudged to be invalid or unconstitutional, such declaration or
9 adjudication shall not affect the remaining portions of the ordinance which shall remain in full force and
10 effect as if the portion so declared or adjudged invalid or unconstitutional was not originally part of the
11 ordinance.
12 Section 3. Repealer. All ordinances and parts of ordinances that conflict herewith are hereby
13 repealed; provided,however, only to the extent that the same are in direct conflict herewith.
14 PASSED:April 29,2025
15 ATTEST: APPROVED:
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19 Allison Segars,City Cler Frank Scott,Jr.,Mayor
20 APPROVED AS TO LEGAL FORM:
21
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23 hiA.AA40) My .��
24 Thomas M. Carpenter, City Atto y
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