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ORDINANCE
<br />AN CRDINANCE FIXING r,%ND ESTABLISHI�:G THE AGGREGATE Alvi,_Ui 'T CF LICEi,isE
<br />FEES, CW`AGES AND SPECIAL TA),' -,ES UUE �a-2:107TLI� FRt,, &'i THE
<br />tv IDSC:UTH GAS CQj%,i?sa`IY, ITS SUCCESSORS AND ASSIGiNS, :iv , cc(C UNT C.F ITS
<br />GAS OPER,�JlI .• NS IN SAID CITY, )i- M CH. V' t: UNT WILL BE USED BY THE CITY IN LIEU
<br />CIF ALL SUCH TAXES EXCEPTING AD VAL:.)P.EAi% Tk' XES AND AUTO' , BILE LICEi"iSES,
<br />AND F%'. -.R OTHER PURPOSES.
<br />t -v HEREAS, the Midsouth Gas Company (hereinafter somekimes referred to as the UGas
<br />Company") is duly authorized by franchise ordinance heretofore enocteQ to operate a
<br />gas distribution system ana appurtenances thereto, used in, or incident to the renaition
<br />of gas service to Eat ;svylle , and the inhabitants thereof r -skiing in
<br />said city, ani,
<br />WHER&--,S, the TAidSouth Gas Company is now occupying the streets amj alleys of
<br />Ates i lig_, , for the purpose of operating, inaintainin;; on:: extend-
<br />ing its gas servic:: to the City anu the inhabitants ane: consurners residing in said City,
<br />and is supplying to the City and consumers therein ;as service, ana,
<br />'WHEREAS, the City is entitled to receive s'Jch iis'i and reasonable taxes from, the Gas
<br />Company which the Citi; may lawfully 6,11pose ana the eras Company is enritlea to pay.
<br />POC Vv THEREFORE .
<br />, be it resolved by the ouncil of atesvill, ,That:
<br />Section 1. The Gas Company shall pay m Fiat>Lsv 7.11e , the sure of
<br />$1 annually for each of the average number of customers served curing Me next preceding
<br />calendar dear within the limits of said municipals►y. All such payments shall be paid in
<br />January. The tax as herein levieu shall be in lieu of any occupation tax, license tax,
<br />excise tax and on, other character of municipal tax or fee ( excepting, the general Au
<br />Valorem taxes, automobile license fees, ana special ai'lloge taxes) which are now and
<br />might in the future be ii-iposed by Dat sv 1_le under authorit, con-
<br />ferred upon the City by law.
<br />Section 2. Klothing herein shall be construed to alter or change the terms or conuiitions
<br />of tho present franchise unc;er which the Gas Company is operating.
<br />Section Nothin herein shall be construed to alter or chanra the present rateschedule
<br />under which the Gas Company is now operafin; , axcept by or: L --.t of the Arkansas Public
<br />Service Commission or other legally constiwtad bogies.
<br />Section 4. All other ordinances, agreements anu parts of ordinances and a0reaments in
<br />conflict with the provisions of this ._')'rainance are h xeby repealed.
<br />Section This Ordinance shall remain in effect for a terto of one (1) year anti for suc-
<br />cessive perious of one (1) year each unless anu until cancellea not'nore than six (1.)
<br />months nor less than three (3) months prior to the expiration o the original term or any
<br />anniversary thereof.
<br />Section u. Said Gas Company shall have thirty ("A days from and after its passage and
<br />approval to file its written acceptance of this .;rainance with the City Clerk and upon
<br />such acceptance b:.ing filed, this Ordinance shall be consiuered tokin; effect and
<br />being in force from and after the first day of At't," �e
<br />? ROVED THIS r DAY CIF i
<br />ATTEST:
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<br />CITY CLEC
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