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HomeMy WebLinkAboutOrdinance 2741 ORDINANCE NO . a�I � � 7 Co �t% '•Tt Toill AN ORDINANCE AMENDING ORDINANCE NUMBER 1224N 14' THE FRANCHISE TAX PAYABLE BY OZARKS ELECTRIC CORPORATION . n BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE , ARKANSAS : Section 1 . That Sec . 2 of Ordinance No . 1224 , as amended by Ordinance No . 1584 and Ordinance No . 2238 , is hereby amended to read as follows : Section 2 . That Ozarks Electric Cooperative Corporation agrees to pay to the City a sum equal to three percent (3%) of its gross sales of electrical power to domestic and commercial consumers within the corporate limits of the City of Fayetteville and one percent (1%) of its gross sales of electrical power to industrial consumers within the City of Fayetteville . Said sum shall be payable quarterly and the company shall have thirty ( 30 ) days from the end of each quarter to compute and make the payments provided for herein . Section 2 . That this ordinance shall be effective thirty (30 ) days a ter the date of publication by the Washington County Court of the proclamation declaring the results of the election on a county sales tax held July 28 , 1981 ; provided , in the event of an election challenge the effective date of this ordinance shall be the first day of the first calendar month subsequent to the final judicial determination of the challenge . PASSED AND APPROVED this day of 1981 . APPROVED : � ` � .'�.r�rJ • 1i•^ \ MAYOR } FI. ATTEST : . i ' C CITY. 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County ��ogfn� Washington (� l/�+r�lklt��s rl + " ' f DAA li: herehY_certity that I am the Publisher of THE NOliTOWEST ARKANSAS TIMES, a dally newspaper having a second class mailing privilege, and being not lees than ORDI,NANCENO. "4111 • e r four pages of five columns each, published at a fixed place of business and at AN ORDINANCE AME DINANCE NUMBER ME224 TTO LONERR OILO Ea fixed (daily) Intervale continuously In the City of Fayetteville, County Of THE FRANCHISE TAX PAYABLE Washington, Arkansas for more than a period of twelve months, circulated iBY OZARKS . ELECTRIC ., end distributed hum an established place of business to subscribers and COOPERATIVE CORPORATION. BE IT ORDAINED BY THE BOARD readers generally of all classes in the City & County for a definite price for QB DIRECTORS OF THE CITY OF each copy. or a fixed price per annilm, which price was Mod at what Is FAYETTE TORS F THE CI Section 1. That See r of Ordinance considered the value of the publication, based upon the news 'value and No.'IrN, as amended by Ordinance No. 1581 and Ordinance No. ZZMI. is hereby service value it contains, that at least fifty percent of the , subscribers amended to read as slowk thereto have paid cash for their subscriptions to the newspaper or its agents Section R. That ion agrees Electric to the sum equal to the a Payper.- or through recognised news dealers over a period of at least slz months ; to the Puy a sum spall to three Per and that the said newspaper publishes an average of more than forty percent cent 1st W its domestic sales ar commercial power to %Rhin it and commercial news matter. consumers within ur corporate limits of the City of Fayetteville and one per.. I further certify that the legal notice hereto attached in the matter of cent (1) of its gross sales of electrical Power to industrial consumers within the City of Fayetteville. Said sum shall n / n I be payaGle quarterly and the campans' / ( ��� � �!�(' y r shall have thirty 1301 days from the J f end of each quarter to compute and -�_ make re n, the parmema pros;ded for was published In the regular dally issue of said newspaper for. I Section 2. That this ordnance be live shall consecutive insertions as follows: dole e! 138 thirty of 1 days atter the iv publication by Ne Washington dMlaring the results of the electi � `' Canty coot, M Ins proclamation The first insertion on. the day of 19� on on a county sales tax held July 28, lost: challengel. ;n the event a in o chis or' the second Insertion on the day of 19 challenge the heeelent dale of this or. dinance shall be the first day of the first calender month subsequent to the final judicial determination of the the third Insertion on the day of 19 1 challenge. �- - I PASSED AND APPROVED [.his1 day of August. D , and the fourth insertion on the any of 119 : �•'. a APPROVED: ' ` Y• . John Tadd fV'�•')��K1, r(/rr: ATTEST: MAYOR . Vivian Kwttel . CITY CLERK . Sworn to and subscribed before me on this S "✓day of � Notitry Public My Commission Expires: Fees for Printing _ _. . , Cost of Proof Total =