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HomeMy WebLinkAbout152041 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 ORDINANCE NO. 15,204 • AN ORDINANCE AMENDING IN PART SECTIONS 1 AND 2 OF ORDINANCE NO. 11,366 TO PROVIDE FOR LEVYING ADDITIONAL PRIVILEGE FEE TO BE PAID BY ARKANSAS LOUISIANA GAS COMPANY FOR THE YEAR 1987; PROVIDING FOR THE PAYMENT THEREOF. 405 WHEREAS, the Arkansas Louisiana Gas Company (hereinafter sometimes referred to as "Gas Company) is or will be duly authorized by franchise ordinance to operate a gas distribution system and appurtenances thereto, used in or incident to the rendition of gas service to Little Rock, Arkansas and the inhabitants thereof residing in said municipality; and WHEREAS, the Gas Company is now and will be occupying the streets and alleys of this City for the purpose of operating, maintaining, and extending its gas services to the municipality and supplying the municipality and consumers therein gas service; and WHEREAS, the municipality is entitled to receive such just and reasonable fees from the Gas Company which the City may lawfully impose and the Gas Company is entitled to pay. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. That the sale, furnishing, transmission and distribution.of gas and energy by the ARKLA Gas Company in the City is hereby declared to be a special privilege; and that the use of City owned lands and properties is a special privilege, and that for the latter privilege the Gas Company shall pay to the City a special fee, charge or imposition, as follows: For the year 1987, the Gas Company shall pay in E-� 1 2 3 4 5 i 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 = M M 0 equal monthly installments beginning January 1987, the sum of Two Million, Four Hundred Fifty Thousand Dollars ($2,450,000.00) or an amount equal to five and two- tenths percent (5.2 %) of the Gas Company's gross revenues as paid to it during the calendar year 1987 by industrial, residential and commercial customers located within the corporate limits of the City of Little Rock, whichever is greater. SECTION 2. Payments to the City by Arkansas Louisiana Gas Company for the net additional fees as provided for in Section 1 hereof shall be made monthly payable by the 15th of each month. SECTION 3. It is acknowledged that Ordinance No. 11,366 as amended by Ordinance No. 14,982 which set out the terms and conditions of the present privilege authority under which the Gas Company is operating is the controlling document over this franchise. SECTION 4. All ordinances and parts of ordinances that conflict herewith are hereby repealed. Provided, however, Ordinance No. 11,366 of the City of Little Rock is repealed only to the extent that the same is in direct conflict herewith and nothing herein shall be construed to alter or change the terms or conditions of the present franchise under which the Gas Company is operating. SECTON 5. This Ordinance shall be in effect January 1, 1987. PASSED: November 4, 1986 ATTEST: CIVY CLERK JAE CZECH APPROVE ,P,,AS TO F RM: MAR a T. Al CITY ATTORNEY 2 APPROVED: ACTING MAYOR TOM MILTON M