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HomeMy WebLinkAbout13569ORDINANCE NO. 13,569 AN ORDINANCE AMENDING IN 'ART SECTIONS OF ORDINANCE NO. 11,366 TO PROVIDE FOP ADDITIONAL PRIVILEGE TAX TO BE PAID BY LOUISIANA GAS COMPANY FOR THE YEAR 197 ING FOR THE PAYMENT THEREOF; DECLARING AND FOR OTHER PURPOSES. 1 AND 2 LEVYING ARKANSAS 9; PROVID- AN EMERGENCY WHEREAS, the Arkansas Louisiana Gas Company (hereinafter some- times referred to as "Gas Company ") is or will be duly authorized by franchise ordinance to operate a gas distribution system and appur- tenances thereto, used in or incident to the rendition of gas service to Little Rock, Arkansas and the inhabitants thereof residing in said municipality; and WHEREAS, the Gas Company is now or will be occupying the streets and alleys of this City for the purpose of 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 law- fully impose and the Gas Company is entitled to pay. NOW, THEREFORE, BE IT ORDAINFD 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 1979, as provided for by Section 1, Ordinance No. 11,366 dated March 4, 1963, there is hereby levied and Arkansas Louisiana Gas Company shall pay to the City of Little Rock the sum of Three Hundred Forty Two Thousand Twenty Eight Dollars ($34 2,028). SECTION 2. Payments to the City by Arkansas Louisiana Gas 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 preceding calendar month. s h 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 Company will cause the net 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 reflec- ted 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 the same is in direct conflict herewith and nothing herein shall be con- strued to alter or change the terms or conditions of the present franchise under which the gas company is operating. SECTION S. 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 formula 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 imme- diately 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: December 19, 1978 ATTEST: ?.� (V APPROVED: City Clefk Mayor