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ORDINANCE NO. 17,358
AN ORDINANCE AMENDING IN PART ORDINANCE NO. 11,366 8 4 0
TO PROVIDE FOR LEVYING A FRANCHISE FEE TO BE PAID BY
ARKANSAS LOUISIANA GAS COMPANY FOR THE YEAR 1997;
PROVIDING FOR THE PAYMENT THEREOF.
WHEREAS, the Arkansas Louisiana Gas Company ( "the Gas Company ") is authorized by
franchise ordinance to operate a gas distribution system and appurtenances thereto, used in or
incident to the rendition of gas service to the City of Little Rock, Arkansas ( "the City") and the
inhabitants residing therein; and
WHEREAS, the Gas Company is now and will be occupying the streets, alleys and rights -of-
way of the City for the purpose of operating, maintaining, and extending its gas services to the City
and supplying the City and consumers therein gas service; and
WHEREAS, the City is legally authorized to impose and the Gas Company is obligated to
pay a just and reasonable franchise fee in connection with the operations in the City.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE
CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. Section 1 of.Ordinance No. 11,366, as amended, is amended to read as follows:
For the year 1997, the Gas Company shall on a monthly basis pay a franchise fee in
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 1997 by all of its customers, including
but not limited to industrial, residential and commercial customers located within the
corporate limits of the City of Little Rock or the sum of Two Million One Hundred
Thousand Dollars ($2,100,000) per year, whichever is greater. Said gross revenues
shall be certified by an officer of the Gas Company.
SECTION 2. Payments to the City by Arkansas Louisiana Gas Company of the amounts as
provided for in Section 1 hereof shall be made monthly on or before the 15th day of each month.
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SECTION 3. All ordinances and parts of ordinances that conflict herewith are hereby
repealed; provided, however, only to the extent that the same are in direct conflict herewith. Except
as provided, nothing herein shall be construed to alter or change the terms or conditions of the
present franchise under which the Gas Company is operating.
SECTION 4. This ordinance shall be in effect on and after January 1, 1997
PASSED: December 17, 1996
ATTEST:
CR L . o x_'a (&
CITY CLERK ROBBIE HANCOCK
APPROVED AS TO FORM:
21'� �$��
CITY ATTORNEY
APPROVED:
ItiV
MAY JIM DAILEY
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