1477ORDINANCE NO. I'~f7,.L
AN ORDINANCE FIXING AND IMPOSING AN ADDITIONAL ASSESSMENT
TO B$ PAID THE CITY OF WEST MEMPHIS, ARKANSAS, BY ARKANSAS
LOUISIANA GAS COMPANY AND THE METHOD OF PAYMENT THEREOF;
DECLARING AN EMERGENCY AND FOR OTHER PURPOSES
WHEREAS, Arkansas Louisiana Gas Company is duly authorized
to construct, operate, maintain and extend a gas system and to
sell, furnish, transmit and distribute natural gas and energy in
the City of West Memphis, Arkansas (hereafter referred to as
"City"), to the City of West Memphis, Arkansas, and to the
citizens residing therein; and
WHEREAS, said Arkansas Louisiana Gas Company is now
providing gas service to the City and its inhabitants and is
occupying the streets, alleys, and other public property of the
City of West Memphis, Arkansas pursuant to said authority; and
WHEREAS, the City recognizes and accepts the purposes and
results of decisions of the Arkansas Public Service Commission
and the Arkansas Supreme Court requiring that the charges for
service by a utility to customers in the City be adjusted to
adequately reflect any additional amounts of assessments imposed
by the City in excess of a standard level paid in other
municipalities to avoid discrimination among customers of the
utility;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF WEST MEMPHIS, ARKANSAS, That:
Section 1. The manufacture, sale, furnishing, transmission
and distribution of natural gas and energy by Arkansas Louisiana
Gas Company within the City is hereby declared to be a special
privilege and for such privilege the Arkansas Louisiana Gas
Company shall pay to the City of West Memphis, Arkansas, the sum
of Two and No/100ths Dollars ($2.00), annually, for each of the
average number of customers served during the next calendar year
within the limits of the City of West Memphis, Arkansas.
An additional special assessment, tax and charge shall be
imposed as follows: the Company for each calendar year shall
pay an additional sum of 41/4% of gross revenues collected each
year by said company payable in approximately equal quarterly
installments on or before the 25th day of March, June, September
and December of each year. Payments shall continue in
succeeding years unless sooner modified.
Section 2. All ordinances and parts of ordinances in
conflict with the provisions of this ordinance are hereby
repealed, including Ordinance No. 841.
Section 3. It is hereby found by the City Council of the
City of West Memphis, Arkansas that there is an urgent need for
additional revenues for the City. Therefore, an emergency is
declared to exist, and this ordinance being necessary for the
preservation and advancement of the public peace, health, safety
and welfare, shall be in full force and effect from and after
the date of its passage and approval.
APPROVED this ~_ day of m nrch , 1991.
MAYOR
i
ATTEST: ~ / ~
~ ~ RfCEiVED
/ CiiY CLERK OFFICE
CITY CLERK _ _~ _ lo- ~ ~._..--~~
DATE -----
_ 2 '~ 1 0; f 5 a.tiw