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NO. 16,515 •
AN ORDINANCE TO MARE TECHNICAL AMENDMENTS
TO LITTLE ROCK, ARK., ORDINANCE NO.
16,496 (SEPTEMBER 29, 1993) WHICH LEVIES
A ONE -HALF PERCENT (1/2 %) SALES TAX
PURSUANT TO ARK. CODE ANN. SS 26 -75 -201
ET SEQ AND SETS AN ELECTION TO VOTE ON
THE ISSUE FOR DECEMBER 14, 1993;
DECLARING AN EMERGENCY; AND FOR OTHER
PURPOSES.
617
WHEREAS, the Board of Directors of the City of Little Rock,
Arkansas, adopted Little Rock, Ark., Ordinance No. 16,496
(September 29, 1993) ( "LRO ") which levied a sales tax a city of
the first class; and
WHEREAS, the Board of Directors of the City has determined
that it would be in the best interests of the City to increase
police and fire protection throughout the City and to meet other
municipal needs; and
WHEREAS, it is deemed in the best interests of the City to
make certain technical corrections to LRO 16,496. N
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. Little Rock, Ark., Ordinance No. 16,496
(September 29, 1993) is hereby amended to add the following
Section.
This municipal one -half percent (1/2%) sales
and use tax shall be levied and collected
only on the first two thousand five hundred
dollars ($2,500), or the statutory limit set
by the General Assembly, whichever is
greater, of gross receipts, gross proceeds or
sales price from each single transaction as
provided in Ark. Code Ann. S 26 -75 -222 as
amended by Act 1014 of 1993.
SECTION 2. The amendments in this ordinance are of a
technical nature, but since the tax is being voted upon on
December 14, 1993, and since this ordinance deals with that
election an emergency is declared to exist and this ordinance
068
FL
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shall be in full force and effect from and after the date of its
adoption.
PASSED: October 19, 1993
CITY CLERK
APPROVED AS TO FORA:
•-
�
THOMAS i. :7. E •.j'
ATTORNEY CITY
APPROVED:
4 I � /
D417LEY
MAYORL/
NOTE: One -half percent (1/2 %) sales tax was approved at
Special Election held December 14, 1993.