0807
1
ORDINANCE NO. 8 0 7
(#4.0-85)
AN ORDINANCE AMENDING ORDINANCES NUMBER 729 AND 761, FIXING
AND IMPOSING THE AGGREGATE AMOUNT OF FEES, CH~RGES AND SPECIAL
TAXES TO BE PAID THE CITY OF JACKSONVILLE, ARKANSAS, BY
ARKANSAS POWER AND LIGHT 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
729 and 761 should be amended. as set forth below.
SECTION 2. Section 1 of said Ordinance Number 729 and
Section 2 of said Ordinance Number 761 are hereby amended to
read as follows:
"The manufacture, sale, furnishing, transmission, and
distribution of electric power and energy by the Power Company
within the City is hereby declared to be a special privilege
and for such privilege the Power Company shall pay to the City
a special tax, charge or imposition as follows:
For the year 1986, the Power Company shall
pay in monthly installments beginning
January 1986, the sum of Two Hundred Twenty-
Five Thousand Dollars ($225,000.00).
The assessment 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repealed.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 City. Therefore, an emergency is declared to exist,
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 19th
DAY OF
VECEMBER
, 1985.
(
G/~'~~oI
ATTEST:
~~.
LULA M. LEONARD,~ITY CLERK
APPROVE AS TO FORM:
/Jd ;;;; of, ~~v--
K~I VAUGHAJ-:-'CI!:' ATTORNEY