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HomeMy WebLinkAbout11145ORDINANCE NO. 11,145 AN ORDINANCE AMENDING SECTION 12 of ORDINANCE NO. 10045, AS AMENDED, BY GRANTING CITIZENS COACH COMPANY A RIGHT TO INCREASE CERTAIN FARES WHICH IT IS AUTHORIZED TO CHARGE FOR TRANSPORTATION SERVICES IN THE CITY OF LITTLE ROCK; REQUIRING IMPROVEMENT OF SERVICES BY SAID COMPANY; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. Section 12 of Ordinance No. 10045, as amended, is hereby amended to read as follows: "SECTION 12. In consideration of the various obliga- tions and duties to be performed by the Company, it shall be entitled to collect such fares and charges as may, from time to time, be fixed by the City Board of Directors, which fares shall be sufficient and adequate to provide a reasonable rate of return on its investment, after paying all operating expenses, taxes, maintenance, depreciation, and amortization of its property and investment, and any other proper charges levied against said Company. The fares which may be charged, until such time as they may be changed by the procedure as set out above, shall be as follows: Children (under 12 years of age) .07c; School Children .1ft- Adults - cash .20t or five (5) tokens .90t Each Transfer .02�. Zone Fare .05o� Any person boarding the South Highland bus south of Twentieth and Pine Street shall only be required to pay one fare for the purpose of riding the bus to town." SECTION 2. The fare rates as set forth in Section 1 hereof shall be subject to readjustment within seven (7) months from the effective date of the rate increase unless the services of the Company are improved in the following manner: 2o c -a. Ar_ -2- (a) Immediate initiation of a continuing program designed to maintain new and efficient equipment with an average life of not less than five (5) years, which plan should be culminated within a ten (10) year period from the date of the rate increase. (b) The scheduling and publishing of all routes complete with time tables, which shall be strictly adhered to so that the public may with reasonable cer- tainty depend thereon. (c) The Citizen's Coach Company will immediately require a sound program of public relations, including but not limited to, driver courtesy to passengers and to other motorists. (d) That the Citizen's Coach Company cooperate with a permanent committee appointed by the respective governing bodies of Little Rock and North Little Rock to the end of utilizing modern and efficient transportation system for the public. SECTION 3. All ordinances and parts of ordinances in conflict herewith are hereby repealed and this Ordinance shall be in full force and effect from and after its passage and approval. PASSED: January 16, 1961 ATTEST: City Clerk APPROVED: Asst.