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0845 f!JL <73 ORDINANCE NO. 8 4 5 (#36-86) AN ORDINANCE AMENDING ORDINANCES NUMBER 727, 759, AND 805, FIXING AND IMPOSING THE AGGREGATE AMOUNT OF FEES, CHARGES AND SPECIAL TAXES TO BE PAID THE CITY OF JACKSONVILLE, ARKANSAS, BY THE GENERAL TELEPHONE COMPANY OF THE SOUTHWEST 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, 760, and B06 should be amended as set forth below. SECTION 2. Section 6 of said Ordinance Number 727 and Section 2 of said Ordinances Number 759 and Number 805 are hereby amended to read as follows: "The sale, furnishing, transmission and distribution of the telephone service by General Telephone Company within the City is hereby declared to be a special privilege and for such General Telephone Company shall pay to the City an assessment amounting to: For the year 1987, the General Telephone Company of the Southwest shall pay in monthly installments beginning January 1987, the sum of One Hundred Fifty Thou- sand Dollars ($150,000.00). 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 All ordinances and parts of ordinances in conflict with the provisions of this Ordinance are hereby repealed.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 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 29 TH DAY OF DEC.r.;L\ffi.t;l{ , 1986. ATTEST: ( /J l~ . I (~ )i. (-~ LOLA/M. LEONA~ CITY CLERK APPROVED AS TO FORM: c d~ y;;~~ / V{( ITH VAUGHAN ,{)CITY ATTORNEY See minutes of August 20, 1987 regarding correction made in Section 2, (Section 1 modified to read Section 6) (typographical ~rror)