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ORDINANCE NO. 12,232
AN ORDINANCE AMENDING ORDINANCE NO. 11,692,
AS AMENDED,. OF THE CITY OF LITTLE ROCK,
ARKANSAS, SAME BEING THE BUS FRANCHISE
ORDINANCE CURRENTLY IN- EFFECT, BY PROVIDING
AN ADDITIONAL STEP ENTITLED STEP 36 WITHIN
THE SCHEDULE-OF ADJUSTMENTS APPEARING IN
SECTION 22 OF SAID ORDINANCE NO. 11,692, AS
AMENDED; AND .FOR OTHER PURPOSES.
WHEREAS, Ordinance No. 11,692, as amended, of the City
of Little Rock, Arkansas grants unto Twin City Transit, Inc., the
right and privilege of operating passenger buses within the corporate
limits of the City of Little Rock, subject to certain controls and
regulations contained in said Ordinance; and
WHEREAS, Train City Transit, Inc., has charged fares for
a considerable period of time at the rate established by Step 29 -A
as set forth in Section 22 of said Ordinance No. 11,692, as amended;
and
WHEREAS, evidence has been submitted to the Board of
Directors of the City of Little Rock that the current .operation of
Twin City Transit, Inc., at the aforesaid rates is causing a deficit
in operations and that an adjustment in fares is necessary to eliminate
continued operation by Twin City Transit, Inc., at a financial loss;
and
WHEREAS, Twin City Transit, Inc., has proposed certain
combinations of rates which are alleged to be sufficient to operate
in the future within the margin of profit permitted in said Ordinance
No. 11,692, as amended.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS.
SECTION 1. Section 22 of Ordinance No. 11,692, as amended,
is hereby amended to read as follows:
c —16
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"SECTION 22. SCHEDULE OF ADJUSTMENTS OF FARES
(a) (1) Whenever the company is first required or
permitted to adjust fares, whichever is applicable,
such adjustments shall be made in the following
order and in the following manner:
(2) If such first adjustment shall be a decrease,
the Company shall decrease the rate of fares in
the order provided in the following schedule of
adjustments set forth at the end of this section,
commencing with Step 36, and including such
additional lower numbered steps simultaneously in
order or sequence as may be necessary to comply
with the requirements of this Ordinance.
(3) If such first adjustment shall be an increase,
the Company shall increase the rate of fares in
the order provided in such schedule, commencing
with Step 36 and including such additional higher
numbered steps simultaneously in order of sequence
as may be permitted pursuant to this Ordinance.
(b) Thereafter, whenever the Company is required to
make a decrease or permitted to make an increase,
such decrease shall commence with the step next
lower than the step then in effect, and such
increases shall commence with the step next higher
than the step then in effect. In both cases, such
number of steps in order of sequence shall, in the
case of a decrease, and may, in the case of an in-
crease, be placed into effect simultaneously as
are required or permitted by the provisions of this
Ordinance. If the Company, in a fare adjustment
period in which the rate of fare in effect is any
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one of the three (3).highest steps in the
schedule of adjustments set forth in subsection
(a) of this section, fails to earn the return
to which it is entitled hereunder, the Company
shall have the right, by notice filed with the
City, to require the addition by the City of
further steps in said schedule, permitting_ fare
structures adequate to accomplish the purpose of
this Ordinance. Said additional schedule shall
include at least eight (8) steps, providing
increased fares over the highest step as set
forth in said schedule, and the increases in said
new steps shall be approximately equal to the
spread in the existing steps set forth in said
schedule. In the event that within ninety (90)
days, or within such longer period of time as may
be agreed upon by Company, the City has not amended
this Ordinance by the addition of the above referred
to supplementary steps, the Company may, but shall
not be required to, terminate this franchise by
notice of termination filed wi th the Clerk of the
City, and upon the filing of any such notice of
termination the Company shall thereupon be released
from any and all obligations under this Ordinance.
(c) SCHEDUL9 OF ADJUSTMENTS
Step
Adult
Cash
Fare
-Fare Adults
Per Tokens
Ride No. in
Tickets Tokens
or Tickets
Units Sold
Total
Cost
Childrents
Fare
6 to 12 yrs
School Fare Cash
Tickets or
Tokens
1.
.20
.14k
10
$1.45
.07
.10
2.
.20
.14k
10
1.45
.07
.10
3.
.20
.14 -3/4
20
2.95
.07
.10
4.
.20
.15
5
.75
.07
.10
5.
.20
.15
10
1.50
.07
.10
6.
.20
.15
13
2.00
.07
.10
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Schedule Cont ?d
Step
Adult
cash
Fare
Fare Adults
per Tokens
Ride No in
Tickets Tokens
or Tickets
Units Sold
Total
Cost
Children?s School Fare
Fare - Tickets or
6 to 12vrs. Tokens
Cash
7.
.20
.15k
10
$1.55
.07
,10
8.
.20
.15 -5/6
6
.95
.07
.10
9.
.20
.16
5
.80
.07
10.
.20
.16k
4
.65
.07
.10
.10
11.
.20
.16 -3/7
7
1.15
.07
.10
12.
.20
.16 -2/3
6
1.00
.07
.10
13.
.20
.17
5
.85
.07
.10
14.
.20
.17 -1/3
6
1.05
.07
.10
15.
.20
.17�
4
.70
.07
.10
16.
.20
.17 -6/7
7
1.25
.07
.10
17.
.20
.18
5
.90
.07
,10
18.
.20
.18 -1/3
6
1.10
.10
10/1.10 -.11
.15
19.
.22
.19
5
.95
.10
10/1.10 -.11
.15
20.
.23
.19
5
.95
.10
10/1.10 -.11
.15
21.
.24
.20
5
1.00
.10
10/1.10 -.11
.15
21 -A
.23
.23
5
1.15
.10
10/1.20 -.12
.12
22.
.25
.20
5
1.00
.10
10/1.10 -.11
.15
23.
.25
.20
5
1.00
.15
10 /1.10 -.11
.15
24.
.25
.20
5
1.00
.15
10/1.10 -.11
.15
25.
.25
.20
5
1.00
,15
10/1.15 -.11k
.15
26.
.25
.20
5
1,00
.15
10/120--12
.15
27.
.25
.21
5
1.05
.15
10/1.25 -.1A
.1.5
28.
.25
.22
5
1.10
.15
10/1.25 -.12�
.15
29.
.25
.23
5
1.15
,15
10/1.25 -.12�
.15
29 -A
.25
.25
5
1.25
.15
10/1.25 -.12k
.15
30.
.27
.23
5
1.15
.15
10/1.30 -.13
.15
31.
.27
.24
5
1.20
.15
10/1.35 -.13k
.15
32.
.27
.25
5
1.25
.15
10/1.35 -.13k
.15
33.
.30
.26
5
1.30
.15
10/1.40 -.14
.15
34.
.30
.27
5
1.35
.15
10/1.45 -.14�
.15
3S.
.30
.28
5
1.40
.15
10/1.50 -.15
.15
36.
.30
.30
5
1.50
.20
10/2.00 -.20
.20
CHILDREN UNDER 5 FREE (WHEN ACCOMPANIED BY AN ADULT)
Transfer - .5�."
SECTION 2. This Ordinance shall be in full force and effect from
, and after its passage.
PASSED: June 16, 1969
ATTEST: WV g 4("/
Acting Ci. Clerk
APPROVED:
As istant Mayor
Qil1.h, 4a�