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0806 , ORDINANCE NO. 8 0 6 (#39-85) AN ORDINANCE AMENDING ORDINANCES NUMBER 728 AND 760, FIXING AND IMPOSING THE AGGREGATE AMOUNT OF FEES, CHARGES AND SPECIAL TAXES TO BE PAID THE CITY OF JACKSONVILLE, ARKANSAS, BY ARKANSAS LOUISIANA GAS COMPANY AND THE METHOD OF PAYMENT THEREOF; DECLARING AN EMERGENCY AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLE, ARKANSAS, THAT: SECTION 1. It is hereby declared that Ordinances Number 728 and 760 should be amended as set forth below. SECTION 2. Section 1 of said Ordinance Number 728 and Section 2 of said Ordinance Number 760 are hereby amended to read as follows: liThe manufacture, sale, furnishing, transmission and distribution of natural gas and energy by the Arkansas Louisiana Gas Company within the City is hereby declared a special privi- lege and for such privilege the Arkansas Louisiana Gas Company shall pay to the City as follows: For the year 1986, the Arkansas Louisiana Gas Company shall pay in monthly installments be- ginning January 1986, the sum of Sixty Thousand Dollars ($60,000.00). Payments shall continue in succeeding years unless sooner modified." In all other respects, said Ordinances shall remain unchanged. SECTION 3. All ordinances and parts of ordinances in conflict with the provisions of this ordinance are hereby repealed. SECTION 4. It is hereby found by the Jacksonville City Council that there is an urgent need for additional revenues for the Ci ty. Therefore, an emergency is declared to ex ist '..' and this ordinance being necessary for the preservation and advancement of the public peace, health and safety shall be in full force and effect from and after its passage. APPROVED THIS DAY OF , 1985. JAMES G. REID, MAYOR ATTEST: LULA M. LEONARD, CITY CLERK APPROVED AS TO FORM: KEITH VAUGHAN, CITY ATTORNEY FRANCHISE TAX ~emain6 the ~ame ~ adopted in 1985 nO~ 1986 and eaeh yeaJt th~eant~ until modi6ied by City Coune~, th~eno~e O~dinanee 8 0 6 ~ not neeu~aJty.