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ORDINANCE 110.�c3 <br />�r <br />AN ORDINANCE FIXING AND ESTABLTSHTNG THE AGGREGATE AMOUNT OF LICENSE FEES, <br />CHARGES AND SPFC?.AL TAXES DL77 THP' CITY OF BATESVnIz FROM ARKANSAS P(7JER <br />& LIGHT COMPANY, 17HTCH AMOUNT '"JILL BF ACCEPTED BY THE CITY TN LIEU OF ALL SUCH <br />TAXES EXCEPTING AD VA.LOPEM TAXES, SPECIAL MILLAGE TAXES AND AUTOMOBILE LICENSES, <br />AND AUTHORIZING RATE SCHEDULES FOR STREET LIGHTING AND OTHER MUNICIPAL USES OF <br />ELECTRICITY AND FOR OTHER PURPOSES. <br />WHEREAS, The Arkansas Power & Light Company (hereinafter sometimes referred <br />to as the "Power Company") is duly authorized by franchise ordinance hereto- <br />fore enacted to operate an electric distribution system in the City of <br />'Batesville , Arkansas (hereinafter sometimes referred to as "City") and <br />said electric distribution system and appurtenances thereto are used in, or <br />incident to, the rendition of electric service to the City of Batesville, <br />and the inhabitants hereof residing in said City, and <br />WHEREAS, The Arkansas Power & Light Company is now occupying the streets and <br />alleys of the City of Batesville for the purpose of operating, main- <br />taining, and extending its electric service to the City and the inhabitants <br />and consumers residing in said City, and is sup -lying to the City electric ser- <br />vice for street lighting purposes and other municipal uses, and <br />WHEREAS, The City is entitled to receive such just and reasonable taxes from <br />the Arkansas Pmrer & Light Company which City may lawfully impose and the <br />Company is entitled to receive reasonable payment for services received by <br />City. <br />N07,T THEREFORE, Be it ordained by the Council of the City of Batesville, <br />Arkansas that: <br />Section 1. Power Company shall pay to the City each .year, commencing with <br />the effective date of this ordinance, payable quarterly in advance, an amount <br />equal to: <br />0 <br />