HomeMy WebLinkAbout12285ORDINANCE NO. 12,285
AN ORDINANCE AMENDING IN PART SECTION
1 AND 2 OF ORDINANCE NO. 11,366 TO
PROVIDE FOR LEVYING ADDITIONAL PRIVILEGE
TAX TO BE PAID BY ARKANSAS LOUISIANA
GAS COMPANY FOR THE YEAR 1969 AND THE
YEAR 1970; PROVIDING FOR THE PAYMENT
THEREOF; DECLARING AN EMERGENCY; AND
FOR OTHER PURPOSES:
WHEREAS, the Arkansas Louisiana Gas Company (hereinafter
sometimes referred to as "Gas Company ") is or will be duly
�4 authorized by franchise ordinance to operate a gas distri-
N bution system and appurtenances thereto, used in or incident
c to the rendition of gas service to Little Rock, Arkansas, and
v
the inhabitantx thereof residing in said municipality; and
c
r WHEREAS, the Gas Company is now or will be occupying
0-
(D the streets and alleys of this City, for the purposes of
a)
W, operating, maintaining and extending its gas service to the
municipality and the inhabitants and consumers residing in
said municipality and supplying the municipality and consumers
therein gas service; and
WHEREAS, the municipality is entitled to receive such
just and reasonable taxes from the Gas Company which the
municipality may lawfully impose and the Gas Company is en-
titled 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 franchise or
privilege tax to be paid to the City of Little Rock by Arkansas
Louisiana Gas Company for the privilege of doing business in
the City of Little Rock, Arkansas for the year 1969, as pro-
vided for by Section - ],Ordinance No. 11,366 dated March 4, 1963,
there is hereby levied and Arkansas Louisiana Gas Company shall
pay to the City the sum of Twenty -five thousand, three hundred
and seventy -five dollars ($25,375.00), which shall be considered
as payment of additional taxes for the month of December, 1969.
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Further, for the year 1970, the Arkansas Louisiana Gas
Company shall pay to the City of Little Rock as an annual
franchise or privilege tax the sum of Three hundred four
thousand, five hundred and nine ($304.509.00) dollars all
in addition to the amount Arkansas Louisiana Gas Company is
obligated to pay pursuant to Section 1 of Ordinance No.
11,366, dated March 4, 1963.
SECTION 2. Payments to the City by Arkansas Louisiana
Gas Company for the additional taxes as provided for in
Section 1 hereof shall be made monthly by the 15th day of
each month covering the preceeding calendar month.
SECTION 3. Pursuant to authority of an Order of the
Arkansas Public Service Commission relating to and approving
a formula for computation of municipal taxes which may be
considered a part of the rate structure for the Arkansas
Louisiana Gas Company which rate was fixed by said Order at
Two ($2.00) dollars per meter per year, the City hereby
recognizes and expects that the Arkansas Louisiana Gas Com-
pany will cause the additional taxes levied in Section 1 hereof
together with collection costs to be passed on to its customers
within the City of Little Rock. Such additional charges may
be reflected on monthly statements as 'City Taxes ".
SECTION 4. All Ordinances and parts of Ordinances
that conflict herewith are hereby repealed. Provided, however,
Ordinance No. 11,366 of the City of Little Rock is repealed
only to the extent that same is in direct conflict herewith
and nothing herein shall be construed to alter or change
the terms or conditions of the present franchise under which
the gas company is operating.
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SECTION 5. Whereas there is a great need for revenues
in the City of Little Rock, Arkansas, to carry on necessary
public service; and, whereas the Arkansas Public Service
Commission has approved a standard formula for computation
of municipal Occupation (license, franchise, or other special
city) Taxes in the amount of $2.00 per meter, per year, based
on the average number of meters, and whereas under such for-
mula any additional such tax will be passed on by the Gas
Company to its customers in said municipality, together with
costs of collection; and whereas such additional taxes are
necessary in order to provide additional funds for necessary
municipal purposes and it is necessary that this Ordinance
shall become effective immediately in order to provide for
the prompt computation and collection of said taxes; therefore,
an emergency is hereby declared to exist and this Ordinance
being necessary for the immediate protection of the public
peace, health and safety shall take effect immediately upon
its passage and approval.
PASSED: October 22, 1969
ATTEST
City Cle
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