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HomeMy WebLinkAbout14152ORDINANCE NO. 14,152 AN ORDINANCE LEVYING ADDITIONAL PRIVILEGE TAXES TO BE PAID BY SOUTHWESTERN BELL TELEPHONE COMPANY FOR THE YEAR 1982; PROVIDING FOR THE PAYMENT THEREOF; DECLARING AN EMERGENCY; AND FOR OTHER PURPOSES. WHEREAS, the Southwestern Bell Telephone Company (hereinafter sometimes referred to as "Telephone Company ") is duly authorized by ordinance to operate its telephone sys- tem and all business incidental to or connected with the con- duct of a telephone business and system in the City of Little Rock all beneficial to the inhabitants thereof residing in said municipality; and WHEREAS, the Telephone Company is now and will be occupying the streets and alleys of this City for the purpose of operating and maintaining its telephone system and service to the municipality and the inhabitants and customers residing in said municipality; and WHEREAS, the City is entitled to receive just and reasonable taxes from the Telephone Company which the City may lawfully imposed and Telephone Company is entitled to ,pay; and WHEREAS, that portion of the City revenues derived from the three -mill county road tax is no longer available to the City. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIREC- TORS OF THE CITY OF LITTLE ROCK, ARKANSAS. Section 1. There is hereby levied and Southwestern Bell Telephone Company shall pay to the City a Privilege Tax in an amount equal to seven and thirty -two hundredths percent (7.32%) of the Company's access line billing revenues for the calendar year 1981 or a minimum amount of One Million, Two Hundred Fifty -Nine Thousand Dollars ($1 259,000,00), Section 2. Payments to the City by Southwestern Bell Telephone Company forthe net additional taxes as pro- vided for in. Section 1 hereof shall be made monthly by the 30th day of each month except for the payment for the month of December which shall be made by the 15th day of December. Section 3. The City recognizes and accepts the purposes and results of an Order of the Arkansas Public Service Commission entered on February 7, 1980, in Docket U -3013 relating to the treatment by the Telephone Company of all City special taxes. In so recognizing, the City expects that the said net additional taxes, together with cost of collection thereof, provided for by Section 1 hereof, may be passed on to the customers of the telephone company in keeping with the provision of the said Order of the Arkansas Public Service Commission. Section 4. All ordinances and parts of ordinances that conflict herewith are hereby repealed. Provided, however, Ordinance No. 11345 is repealed only to the extent that same is in direct conflict herewith and nothing herein shall be construed to otherwise alter or change the terms or conditions of the present privilege authority under which the Telephone Company is operating. Section 5. It is hereby found by the Board of Direc- tors that there is an urgent need for additional revenues for the City. Therefore, an emergency is hereby declared to exist and this ordinance being necessary for the preservation and advancement of the public peace, health and safety, shall be in full force and effect from and after date of its approval. PASSED: November 3, 1981 ATTEST: APPROVED--- 'Y CLE YOR r �■ r r r. ■� ri i r r r r r r rs ACCEPTANCE WHEREAS; the City Council of the City of Little Rock of Pulaski County, Arkansas, did on the 3rd day of November A.D. 19 81 , enact an ordinance entitled: AN ORDINANCE LEVYING ADDITIONAL PRIVILEGE TAXES TO BE PAID BY SOUTHWESTERN BELL TELEPHONE COMPANY FOR THE YEAR 1982; PROVIDING FOR THE PAYMENT THEREOF; DECLARING AN EMERGENCY; AND FOR OTHER PURPOSES. and WHEREAS, said ordinance was on the 3rd day of November A.D. 19 81 , duly approved and signed by the Mayor of said City and the seal of said City thereto affixed and attested by the City Clerk: NOW; THEREFORE; in compliance with the terms of said ordinance so enacted, approved and attested, the Southwestern Bell Telephone Company hereby accepts said ordinance and files this its written acceptance with the City Clerk of said City in his said office. Dated this 24th day of Nnvamhar 19 81 Approved: SOUTHWESTERN BELL TELEPHONE COMPANY BY General At orney V' President - Arkansas p Acceptance filed in the office of thee ity Clerk of 2i4&&, This 1 d e {M--) / day of y,/ _0PC,,K 4CIw A.D. 19 8f /_/ /_ A- ice__ _/ C',