HomeMy WebLinkAbout12885ORDINANCE NO. 129885
AN ORDINANCE AMENDING IN PART SECTIONS 2 AND 3
OF ORDINANCE NO. 11,345 TO PROVIDE FOR LEVYING
ADDITIONAL PRIVILEGE TAXES TO BE PAID BY SOUTH-
WESTERN BELL TELEPHONE COMPANY FOR THE YEAR 1974
PROVIDING FOR THE PAYMENT THEREOF; DECLARING AN
EMERGENCY; AND FOR OTHER PURPOSES.
WHEREAS, the Southwestern Bell Telephone Company (hereinafter
sometimes referred to as "telephone company ") is duly authorized
by ordinance to operate its telephone system and all business
incidental to or connected with the conduct of a telephone business
and system in the City of Little Rock all beneficial to the in-
habitants thereof residing in said municipality; and
WHEREAS, the telephone company is now and will be occupying
the streets and alleys of this City for the purpose of operating
and maintaining its telephone system and service to the munici-
pality and the inhabitants and customers residing in said munici-
pality; and
WHEREAS, the City is entitled to receive such just and reason-
able taxes from the telephone company which the City may lawfully
impose and telephone company is entitled to pay.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS.
SECTION 1. In addition to the annual privilege tax paid or
to be paid to the City of Little Rock by the Southwestern Bell
Telephone Company for the privilege of doing business in the City
of Little Rock for the year of 1974, as provided for by Section 2,
Ordinance No. 11,345, dated February 11, 1963, there is hereby
levied and Southwestern Bell Telephone Company shall pay to the
City the sum of Five Hundred Six Thousand, Three Hundred Thirty
($506,330.00) Dollars.
SECTION 2. Payments to the City by Southwestern Bell Telephone
Company for the net additional taxes as provided for in Section 1
hereof shall be made monthly by the 15th day of each month covering
the preceeding calander month.
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SECTION 3. The City recognizes and accepts the purposes and
results of an Order of the Arkansas Public Service Commission
entered on December 10, 1957, in Docket U -21 -81 relating to the
treatment by the telephone company of all city special taxes.
In so recognizing, the City expects that the said net additional
taxes, together with cost of collection thereof, provided for by
Section 1 hereof, may be passed on to the customers of the tele-
phone company in keeping with the provisions of the said Order of
the Arkansas Public Service Commission.
SECTION 4. All Ordinances and parts of Ordinances that
conflict herewith are hereby
Ordinance 11,345 is repealed
direct conflict herewith and
to otherwise alter or change
present privilege authority
is operating.
repealed. Provided, however,
only to the extent that same is in
nothing herein shall be construed
the terms or conditions of the
.ender which the telephone company
SECTION 5. It is hereby found by the Board of Directors
that there is an urgent need for additional revenues for the
City. Therefore, an emergency is declared to exist, and this
Ordiance being necessary for the preservation and advancement
of the public peace, health and safety,, shall be in full force
and effect from and after the date of its approval.
PASSED: December 18, 1973
ATTEST: i i!?,L APPROVED:4i/A44iGA.
y Clerk Mayor