HomeMy WebLinkAbout20067ORDINANCE NO. 20,067
AN ORDINANCE TO AMEND IN PART ORDINANCE NO. 11,366 TO
PROVIDE FOR LEVYING A FRANCHISE FEE TO BE PAID BY CENTERPOINT
ENERGY ARKLA; TO PROVIDE FOR THE PAYMENT THEREOF; AND FOR
OTHER PURPOSES.
WHEREAS, CenterPoint Energy Arkla ( "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:
CenterPoint Energy Arkla (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 2009 and each
year thereafter 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. The auditor of the Gas Company
shall certify said gross revenues.
Section 2. Payments to the City by CenterPoint Energy Arkla of the amounts as
provided for in Section 1 hereof shall be made monthly on or before the 15th day of each
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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repealed; provided, however, only to the extent that the same are in direct conflict herewith.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 afterjanuary 1, 2009.
PASSED: December 22, 2008
ATTEST:
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Nancy Wo�City Clerk
APPROVED AS TO LEGAL FORM:
Thomas -M- . Carpenter, Ci Attorney
APPROVED:
iic�Mar Stodola, Mayor