HomeMy WebLinkAbout15389M M M M
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
• • 5s41
ORDINANCE NO. 15.389
AN ORDINANCE FIXING AND IMPOSING THE AGGREGATE
AMOUNT OF FEES AND CHARGES TO BE PAID THE CITY
OF LITTLE ROCK, ARKANSAS BY ARKANSAS POWER AND
LIGHT COMPANY AND THE METHOD OF PAYMENT
THEREOF FOR 1988; AMENDING SECTION 9 OF
ORDINANCE NO. 11,683; AND FOR OTHER
PURPOSES.
WHEREAS, Arkansas Power and Light Company (hereinafter
referred to as "Power Company ") is duly authorized by franchise
agreement heretofore authorized and entered into by the City to
construct, operate, maintain and extend an electric system and to
sell, furnish, transmit and distribute electric power and energy
in the City of Little Rock, Arkansas (hereinafter referred to as
"City "), to the City of Little Rock and to the citizens residing
therein; and
WHEREAS, the Power Company is now providing electric
service to the City and its inhabitants and occupying the streets,
alleys and other public property of the City pursuant to said
franchise agreement, which provides for certain payments in lieu
of all other taxes, fees, charges, impositions, and licenses,
except general taxes, and further provides that if any special
taxes, fees, charges or licenses are assessed or imposed upon or
against the Power Company that the obligations for payments under
said franchise agreement shall immediately terminate; and
WHEREAS, the City requires additional revenue to provide
municipal functions and services and desires to increase the
payment of special fees and charges paid by the Power Company;
and
WHEREAS, the City recognizes and accepts the purposes and
results of a decision of the Arkansas Public Service Commission
and the Arkansas Supreme Court requiring that the charges for
service by a utility to customers in the City be adjusted to
adequately reflect any additional amounts of charges imposed by
D-17
C -(o
� � ® M M
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
•
M M M
W W M M W
•
the City in excess of a standard level paid in other
municipalities to avoid discrimination among customers of the
utility.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The manufacture, sale, furnishing, transmission
and distribution of electric power and energy by the Power Company
within the City is hereby declared to be a special privilege for
such latter privilege the Power Company shall pay annually to the
City a special fee, charge or imposition as follows:
Beginning January 1, 1988, the Power
Company shall pay in monthly installments,
the sum of 5.2% of current gross revenue
collection as paid to it by industrial,
commercial and residential users located
within the City limits of Little Rock.
SECTION 2. It is acknowledged that Ordinance No. 11,683 as
amended by Ordinance No. 14,984 which set out the rights and
obligations of the City and the Power Company is the controlling
document over this franchise.
SECTION 3. Nothing herein contained shall be construed as
altering or amending any other rights or obligations of the City
or the Power Company as provided in the existing Franchise
Agreement between the City and the Power Company except that
Section 9 of the Power Company's Franchise Agreement as provided
for by Ordinance No. 11,683 is hereby amended to the extent that
it is in conflict with this Section.
SECTION 4. This Ordinance shall be in effect January 1,
MI:I:FI
PASSED: December 9, 1987
ATTE�T j
CITY CLE K JANE CZECH
MA OR LOTTIE OR
565