HomeMy WebLinkAbout153881
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ORDINANCE NO. 15,388
AN ORDINANCE LEVYING ADDITIONAL PRIVILEGE FEES
TO BE PAID BY SOUTHWESTERN BELL TELEPHONE
COMPANY FOR THE YEAR 1988; AND PROVIDING FOR
THE PAYMENT THEREOF.
M r
562
WHEREAS, the Southwestern Bell Telephone Company
(hereinafter sometimes referred to as "Telephone Company ") is duly
authorized by ordinance to operate its telephone system and all
business incidental to or connected with the conduct 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 the City for the purpose of operating
and maintaining its telephone system to the municipality and the
inhabitants and customers residing in said municipality; and
WHEREAS, the City is entitled to receive just and
reasonable fees from the Telephone Company which the City may
lawfully impose and the Telephone Company is entitled to pay.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. There is hereby imposed and Southwestern Bell
Telephone Company shall pay to the City a privilege fee 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
1987 or a minimum of One Million Eight Hundred Seventy Thousand
Dollars ($1,870,000.00).
SECTION 2. Payments to the City by Southwestern Bell
Telephone Company for the net additional fee as provided for in
Section 1 hereof shall be made monthly by the 30th day of each
month except for the payment the month of December which shall be
made by the 15th of December.
SECTION 3. Not later than March 31, 1988, Southwestern
Bell's access line revenue collected in Little Rock during 1987
o- a7
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will be certified to the City by a responsible official of the
Company. April and subsequent monthly payments will be adjusted to
provide the total amount due the City in 1988 (7.32$) of 1987
certified revenue.
SECTION 4. 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 -30132 relating to the
treatment by the Telephone Company of all city special fees. In
fees, together with costs 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 S. It is acknowledged that Ordinance No. 11,345
amended by Ordinance No. 14,981 which set out the terms and
conditions of the present privilege authority under which the
Telephone Company is operating is the controlling document over
this franchise.
SECTION 6. Nothing herein contained shall be construed as
altering or amending any other rights or obligations of the City
or the Telephone Company and provided for in Ordinance No. 11,345
except that portion of Section 2 of Ordinance No. 11,345
pertaining to the method of calculating the Telephone Company's
annual privilege fee.
SECTION 7. This Ordinance shall be in effect January 1,
1988.
PASSED: December 9, 1987
ATTEST: APPROVED:
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AS.TO FORM:
CITY ATTORNEY