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Home My WebLink AboutOrdinance 2236 { rC' n ORDINANCE NO . 76 nuc _ o WAS HI AN ORDINANCE INCREASING THE FRANCHISE TAXESH,, r3 P . JJVT9 THE CITY OF FAYETTEVILLE BY ARKANSAS WESTERN GS1 ��AN1 . CIRCUIT F)( WHEREAS , the Board of Directors has determined thatl an increase in local franchise taxes is necessary on an interim basis to supplement existing general fund revenues until such time as statewide local enabling legislation , state legislation , or constitutional amendments are adopted which increase the ability of municipalities to support themselves ; and WHEREAS , the Fayetteville Board of Directors has proposed an increase in the franchise taxes payable to the city by Arkansas Western Gas Company ; and WHEREAS , Arkansas Western Gas Company has consented to the aforesaid proposed increase in franchise taxes , if said increase is authorized by a majority vote of the electors of the city voting on the question of said increase ; and WHEREAS , at a special election held May 25 , 1976 , a. majority of the electors voting on the question approved a proposed or- dinance increasing the franchise taxes payable by Arkansas Western Gas Company to the amount proposed by the Fayetteville Board of Directors . NOW , THEREFORE , BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE , ARKANSAS : Section 1 . That the first paragraph of the agreement entered into by and between the City of Fayetteville , Arkansas and Arkansas Western Gas Company on October 24 , 1955 is hereby amended to read as follows : That the company agrees to pay to the city commencing July 1 , 1976 , for a period of ten years certain , a sum equal to 4 % of its sales of natural gas to domestic and commercial consumers within the corporate limits of the City of Fayetteville and 1% of its sales of natural gas to industrial consumers within the City of Fayetteville . The company shall have thirty ( 30 ) days from the end of each quarter to compute and make the payments provided herein . Section 2 . That this ordinance shall be in full force and effect from and after June 24 , 1976 upon execution hereof by the Mayor and City Clerk and approval of this ordinance by authorized representatives of Arkansas Western Gas Company . REFERRED TO A VOTE OF THE ELECTORS PURSUANT TO ARK , STAT . 19 - 2429 BY RESOLUTION NUMBER 20- 76 ADOPTED APRIL 20 , 1976 . APPROVED BY ELECTORS AT SPECIAL ELECTION HELD MAY 25 , 1976 . LIil�Gl�i J MAYOR �ATAST :.. &A-* . . . ', ' .. CITY CLERK - - ARKANSAS WTERN GAS C MPANY smr ' BY ATTEST : ' MICROFILM® 60un DATE 912 6'16 REEL I '178 CERTIFICATE OF RECO1�D State of Arkansas ( SS (City of Fayetteville I, Suzanne C• I{c y:edy, City Clerk and Ex.Officio recor:lec for the City of Fa>'�ttcville, do hereby certify that the trnvte-:ed or fore- goia,g is of rerord i*i my nfr`cc •. .`;e same aP- ,f , pears in Orli ,:ecce R -se ia;iu:t h<. vlet pagevjitness MY hand and seal this Jay of City Clerk and Ex-Officio iiecorder b. CERTIFICATE STATE OF ARKANSAS ) CITY OF FAYETTEVILLE ) I . DARLENE WESTBROOK, City Clerk within and for the City of Fayetteville , Arkansas , do hereby certify that the annexed and foregoing is a true and correct copy of the Fayetteville , Arkansas , therein set forth , and the same is as it appears off Record in �✓� C ��- A!96L- C , Volume at Page thereof . IN WITNESS WHEREOF , I have hereunto set my hand and affixed my official seal this day of CITY CLERK BOOK 912 617 ER� IF1GP�� R�CO�� d°rtn, y5 ptE f G C*ASNSount , SS uitGler`,; and Ex"Otficlo Resor fob pR1r WashlnGtO •nCY ren ol;ice °n th 8 er , ts pima E. 5Co0, t doh°�ebY re„o;dln mYP M, and th^'ae&e I ,MinBton oc Gou s twe th190 ea/"�f(�Or �o�, K. ��atp Was.• umen19Vat� ecord �orn8ln thre dal °f LM�� pe recorded " d5eal and duhand °h rcu`tG1arR Witness mY X.Ot4�ca . 8Y paDutl � . STATE of ARKANSAS 1 County of Washington 'H G r 1, �./"� �✓1!�-' • 0xj hereby certify that I am the Publisher of THE N04HWEST ARKANSAS TIMES, a daily newspaper having a second class mailing privilege, and being not lees than four pages of five columns each, published at a fixed place of business and at a fixed ( dally ) Intervals continuously in the City of Fayetteville, County of Washington, Arkansas for more than a period of twelve months, circulated and distributed from an established place of business to subscribers and readers generally of all classes In the City & County for a definite price for each copy, or a fixed price per annum, which price was fixed at what is considered the value of the publication, based upon the news value and service value it contains, that at least fifty percent of the subscribers thereto have paid cash for their subscriptions to the newspaper or its agents --- or through recognized news dealers over a period of at least six months ; IN ORDINANCE ItiCRWTs NG TrIE and that the said publishes newspaper a an average of more than fort p p P g y percent "r;lpsF T4SF'S PAYam-E E TRE news matter. FAYETTEVBy uPl"ISHIp GAS OOMPANY. " a •':Tj V'.. air Board of Directors I further certify that the legal notice hereto attached in the matter of .b.tormin-11 that An Increase In Beal "� •` nv, ns an in- n I I rzusinx rr I. II svI time hgistation, • n..t increase - - - --------------------------- An+'• It xnirh increase I' na 1 i Ilea to support was published in the regular daily Issue of said newspaper for------\-____. -+.sI:RF:AS, the Payettey0le Board nt Ofd insertions as follows : has rinrosed an ow sass in I . . a tax , lofkable If the city�.: . , Ae,tto , r: ,. Company; The first insertion on the ---- _..-.--_-- day of --- 19�1_�! ` 'astern Gas •-' -jr-,��— t1 '1) I'i. aforesaid the second Insertion on the day of _____--_---------- 19---_------ �� rrs-rai.r taxes, y a nr the electors or the the third Insertion on the rr y c on the nor said io- ... ere r° If: uEAS at a mW peetion held and the fourth Insertion on the day of ------- ------ _--- 19---__--- 11n?' M, ITA. a tealad , n( ton Nadas vOttInns on the pus app a ptorofed ord•rwne satin! ' (`,/nom'' �V ' trMae ulaau Payable by ♦ryaWaa nx+YlrTY _laeamlea yl$Dam Ge - It nrirnernBN,- tl� rr onDAIN. Sworn to and subscribed before me on this / I 'n et' 11112, B„ VID or r pa _._r- ...... day of ---------- cF TO rIT1' n" IrAY�iT6VE i T' Kwz>, r > Mn v Thal t 19----�� c ernreni unlyi into �y�aapndd -------- --' ------ -- -.. --------' fhr f of rewtteveleTA , If A Western Gey �� 'w � �. n A, 1, i, 1?we is hBRhr r/ IIB n -,e.r reed ar 6d1...%, It Ite nn' 13MCnr narrr, b per N Public In the eor c . offNna duly L used. t'o' ss ..M N ten ,i, i s s easel, e .3 Per sect of and Glee d Yo dounhin am m- My Commission Expires : gsgttof the xuhin the rocas. tlotlts of the uta -,r 1 ,tau- Anntri t Ps gent ni its mics ..f G pI a ndwuesl o nc,Rales ,r rrl@iM' the dlr of F':,cenecule. The ' a e thin, cast aya rem�tp,'tl1t}�e wow kM M each quarter b t« and make the Payments (� n,oci rd trrein. Fees for Printing -------- S--0-k` Nle nrMtyma. Mao and enrer from and ��.,• :bra upon ext inion hereof Cost of Proof _ . Ie yea ._.--._-_ 41-----._---_----�.- 1 cur and City Clerk tho Bpd of this ordNanw by stern as \ l l resentatiwe M Arkanaes Western Gas Total --. .n nary. _..._- FERRED Tf, A VOTE OF THE "CTORt, I'" IISCANT TO ARK. IT. 19- : BY RESOLUTION VBER 2076 ADOPTED APRIL 29, Marion R. Orton I i,ST. MAYOR a.Lne Weatitmok iI CLERK