HomeMy WebLinkAboutOrdinance 1295 ORDINANCE NO, 1295
AN ORDINANCE AMENDING SECTION 2 OF ORDINANCE NO , 1167 , AS AMENDED BY
ORDINANCE NO, 1223 , AND MORE PARTICULARLY INCREASING THE ANNUAL
FRANCHISE TAX OF THE SOUTHWESTERN BELL TELEPHONE COMPANY ,
AS AMENDED ,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE ,
ARKANSAS :
SECTION 1 . That Section 2 of Ordinance No . 1167 , as amended by Ordinance No ., 1223 ,
is hereby amended to read as follows , to- wit:
"Section 2 . That the Southwestern Bell Telephone Company shall pay to the
City on or before the first day of May, 1962 , for the period of May 1 , . 1962 ,
through December 31 , 1962 , inclusive , and thereafter for the period of
January 1 through December 31 , on or before the first day of March ,
the sum of Seventeen Thousand Dollars ( $ 17 , 000 ) , with a proportionate
reduction in the amount for the year 1962 , for the reason that this
increase in the franchise tax will not become effective until May 1 , 1962 ,
and that the previous rate of $ . 91 per telephone within the corporate limits
of the City of Fayetteville would apply until this ordinance becomes
effective . "
SECTION 2 . That all ordinances or parts of ordinances in conflict herewith are
hereby repealed .
PASSED AND APPROVED THIS 9th day of April , . 1962 .
APPROVED:
GUY E . BROWN, MAYOR
ATTEST:
152V
GEORGE41. 'DAVIS, CITY CLERK
MICROFILMED
DATE OCT 9 1918
REEL_