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ORDINANCE NO. 20,511
3 AN ORDINANCE TO AMEND IN PART ORDINANCE NO. 11,366 TO
4 PROVIDE FOR LEVYING A FRANCHISE FEE TO BE PAID BY
5 CENTERPOINT ENERGY ARKLA; TO PROVIDE FOR THE PAYMENT
6 THEREOF; AND FOR OTHER PURPOSES.
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8 WHEREAS, CenterPoint Energy Arkla ( "the Gas Company ") is authorized by franchise ordinance to
9 operate a gas distribution system and appurtenances thereto, used in or incident to the rendition of gas service
10 to the City of Little Rock, Arkansas ( "the City") and the inhabitants residing therein; and
11 WHEREAS, the Gas Company is now and will be occupying the streets, alleys and rights -of -way of the
12 City for the purpose of operating, maintaining, and extending its gas services to the City and supplying the City
13 and consumers therein gas service; and
14 WHEREAS, the City is legally authorized to impose, and the Gas Company is obligated to pay a just and
15 reasonable franchise fee in connection with the operations in the City.
16 NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF
17 LITTLE ROCK, ARKANSAS:
18 Section 1. Section 1 of Ordinance No. 11,366, as amended, is amended to read as follows:
19 CenterPoint Energy Arkla (the Gas Company) shall on a monthly basis pay a franchise fee in
20 an amount equal to 5.2% of the Gas Company's gross revenues as paid to it during the
21 calendar year 2012 and each year thereafter by all of its customers, including but not limited
22 to industrial, residential and commercial customers located within the corporate limits of the
23 City of Little Rock or the sum of Two Million One Hundred Thousand Dollars ($2,100,000)
24 per year, whichever is greater. The auditor of the Gas Company shall certify said gross
25 revenues.
26 Section 2. Payments to the City by CenterPoint Energy Arkla of the amounts as provided for in Section 1
27 hereof shall be made monthly on or before the 15th day of each month.
28 Section 3: CenterPoint Energy Arkla shall also be subject to the relocation policy set forth in Little Rock,
29 Ark., Rev. Code § §2 -350 — 357 (1988).
30 Section 4. All ordinances and parts of ordinances that conflict herewith are hereby repealed; provided,
31 however, only to the extent that the same are in direct conflict herewith. Except as provided, nothing herein
32 shall be construed to alter or change the terms or conditions of the present franchise under which the Gas
33 Company is operating.
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Section 5. This ordinance shall be in effect on and after January 1, 2012.
PASSED: December 13, 2011
ATTEST: APPRO VED:
y, City Clerk
AS TO LEGAL FORM:
Thomas M. Carpenter, Ciial Attorney
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zd"l
Mark Stodola, Mayor