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1247 ORDINANCE NO. ~~ AN ORDINANCE TO AMEND SECTION EIGHT (8) OF ORDINANCE NO. 1246, TO CLARIFY THE REDEFINING OF THE CURRENT TAX STRUCTURE ON PAYMENTS MADE TO THE CITY OF WEST MEMPHIS, ARKANSAS, BY SOUTHWESTERN BELL TELEPHONE COMPANY, DECLARING AN EMERGENCY AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS: SECTION 1. Section Eight (8) of Ordinance No. 1246 is amended as follows : p¢~r "All~Ordinances, Amendments, Parts of Ordinances, and Agreements relating to the operating of or right to operate a telephone system within said City are hereby repealed as of December 31, 1986." SECTION 2. Emergency Clause. It having been found and determined by the City Council of the City of West Memphis, Arkansas, that Ordinance No. 1246 did not clarify the specific date the present Ordinance would be terminated, this Ordinance is necessary to further redefine the structure of the payments to the City of West Memphis, Arkansas, by Southwestern Bell Telephone Company; therefore, an emergency is hereby declared to exist and this Ordinance being necessary for the preservation of the public peace, health, safety and welfare of the citizens of Wes Arkansas, shall be in effect immediately after its pas age and a PASSED AND APPROVED this ~ ~ day o 1~ ~ , j 1986. MAYOR ~~~~ n ~~~ ~ ~gg~ ~~ 'fig; , ~V~~ ~~ L~