HomeMy WebLinkAboutOrdinance 2742 1� Ei) FO}? RECORD
1981 AUG 18
ORDINANCE NO . a Pf4 3: 36
ACAi T{rlC(JUfJTY. ARN
AN ORDINANCE LOWERING THE FRANCHISE TAROZE46A K$rY
SOUTHWESTERN ELECTRIC POWER COMPANY .
BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF
FAYETTEVILLE , ARKANSAS :
Section 1 . That the first paragraph after the last
"Whereas se of the street rental contract between
Southwestern Electric Power Company and the City of
Fayetteville , dated December 29 , 1944 , as amended by
Resolution No . 4 - 68 and Ordinance No . 2237 , is hereby
amended to read as follows :
Southwestern Electric Power Company ( successor
to Southwestern Gas and Electric Company) agrees to
pay to the City a sum equal to three percent ( 3%) of
the company ' s gross revenues derived from the sale
of electric power and energy to domestic and commercial
customers within the city limits of the City of
Fayetteville and one percent ( 1%) of the company ' s
gross revenues derived from the sale of electric power
and energy to industrial consumers within the City
limits of the City of Fayetteville . Said sum is to
be due and payable quarterly , and the company shall
have thirty (30 ) days after the expiration of each
quarter in which to make said payment .
Section 2 . That this ordinance shall be effective thirty
(3Qay3 s air 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 Ll day of 1981 .
APPROVED :
MAYOR
EST :
Y
zty AN
, QITY ' CLERK
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\ 77
STATE of ARKANSAS 1
J}
County of Washington as. IF% , 1r, ' Oki
J , �i�+-� "GIi�Ubbrinl4t' ' that I
am the Publisher of THE NORTHWEST ARKANSAS TIMES, a dally
newspaper having a second class mailing privilege, and being not lase 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
Is
each copy, or a fixed price per annum, which price was
Modconsidered the value of the publication, based upon the Dews '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
s dealers over a period o[ at least six months;
ORDINANCE NO. 2742 or through recognized new
AN ORDINANCE. LOWERING THE and that the said newspaper publishes an average of more than forty percent
!FRANCHISE TAX PAYABLE BY
SOUTHWESTERN ELECTRIC now matter.
POWER COMPANY.
I RE ITORDAINED BY THE BOARD I further certify that the legal notice 'hereto attached in the matter of
OF DIRECTORS OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1. That the first paragraph
after the lastlWhereat' clause ilk /'1 , !l r n( Atr
street rental contract between
een
Southwestern Electric Power
Company and the City w FapeueJBle' was published In the regular daily issue of said newspaper for
dated December ^3. i9 . as amended
by Resolution No. 4-68 and Ordinance consecutive insertions w follows:
So. 229], is hereby amended m read as �h
follows: day of I SouthwesternElectricElectric Power Com The first insertion On. the
' panv isucceasor to Southwestern Gas
and Electric Companyl agrees to pay 18
Ito the City a sum equal to three Per- the 9eCODd IneerilOII On the
day Of
cent 1L d the company's gross
1 revenues derived from the site of elec
tric prover andenergy to domestic and 0f 19
commercial customers within the city the third Insertion on the
, limits of the City of Fayetteville and
l
we percenu 1 , of the company's grass
revenues derived from the sale of elec-
and the fourth insertion on the a•v of 19
� tric power and energy to industrial
consumers within the City limits of the h
City of Fayetteville. Said sum is to be ft 1 ; • ` e
due and payable quarterly. and the t,zl. v/rrd1/
company shall have thtrly (W) days L�
after the expiration of each quarter in 6 -L 1 �. //�/ � t(} LI�'
Section
2. That
thispayment.
ordinance
�J �d8 Of
h Section a Thal min ordinance :hon Sworn to and subscribed before me On this y
ida effective pubo cation by days after the r�
date of publication by the Washington k' 1
County Court ' of the proclamation 28 I I: 19
declaring the results of the election on
e county sits lax held July Re.election provided. in the even of a election
challenge the effective thdate of this the
drat cal shah be the first nay m the NO ry PDDIIe
first calendar month
minati n to the
final judicial determination of the
challenge. ; ; t
PASSED AND APPROVED this 4
day of August. Isel, My Commission k79rplree: . •1'� � „ ` !v� ,
APPROVED:
John Todd
MAYOR ATL
ATTEST: '. .
Vivian Koettel "
CITY CLERK
!Stab .), 1 I '•
• Fees for Printing
Cost of Proof 5_----
Total {�---