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853<..~~. ~_. ~ ....- ` ORDINANCE N0. ~---> AN ORDINANCE TO INCREASE THE ELECTRICAL RATES FOR THE CITY OF WEST MEMPHIS, ARKANSAS, DECLARING AN EMERGENCY, AND FOR OTHER PURPOSES. WHEREAS, the Arkansas Power and Light Co., our electrical source of power has increased their rate of power recently, AND WHEREAS, the City of West Memphis, Arkansas can no longer absorb this increase, AND WHEREAS, the City of West Memphis, Arkansas is doing everything /~~/~'J c fx, possible to resist this p~cr increase, including the employment of Legal Counsel, in Washington, D. C. THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS: Section 1. That all electrical rates for the City of West Memphis, Arkansas established by Ordinance No. 8ZI-~I-, dated September 7, 1975, be increased by ten per cent (10~), effective March 1, 1976. Section 2. All ordinances or parts of ordinances in conflict herewith are hereby repealed. Section 3. Emergency Clause. It having been found a.nd determined by the City Council of the City of West Memphis, Arkansas, that the increased cost of power by the wholesale source, the Arkansas Power & Light Co., has made conditions such that the pUt~~i~,l~~ity Department can no longer operate economically without this `p~i#~r~increase, an emergency is hereby declared to exist and this ordinance being immediately necessary for the preservation of the public peace, health, safety, and welfare of the City of West Memphis, Arkansas, shall be in full force and effect from its passage and approval. Ire. PASSED AND APPROVED this ~..~~ day of /.~/y` Li ~! ~ ,~, 197. ATTEST: ~~ CITY CLE .~._ o MAYOR