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0865 /30 ORDINANCE NO. 8 6 5 (#17-87) AN ORDINANCE AMENDING ORDINANCE NUMBERS 727, 759, 805, AND 845, 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 Ordinance Numbers 727, 759, 805, and 845 should be amended as set forth below. SECTION 2. Section B of said Ordinance Number 727 and Section 2 of said Ordinance Numbers 759, 805, and 845 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 privilege the General Telephone Company shall pay to the City an assessment amounting to: For the first eight (8) months of 1987, the General Telephone Company of the Southwest shall pay in monthly installments the total sum of One Hundred Thousand and 00/100 Dollars ($100,000.00) (based on an annual assess- ment of $150,000.00). For the last four (4) months of 1987, beginning September, 1987, the General Telephone Company of the Southwest shall pay in monthly installments the total sum of One Hundred Thirty-three Thousand, Three Hundred Thirty-three and 33/100 Dollars ($133,333.33) (based on an annual assessment of $400,000.00). 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 All Ordinances and parts of Ordinances in conflict with the provisions of this Ordinance are hereby repealed.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 6th DAY OF AUGUST , 1987. \ k' ~ ' , I '"\ OVVV\iW","-','"",\,' ..~.., .~~.~_ TOMMY SWAi:MJ~) ~1 YOR ATTEST: ~) l"", ",,'j \, .' / , . ....' 0 . .~j .,.- .....,.... ,1.1,'", .'! . ,., . ,[c <.: ,~\ . ( ~--/'_k ~( ~",.._..~LUL~~M.- LEONAR~" CITY CLERK APPROVED AS TO FORM: See minutes dated August 20, 1987 regarding correction of typographical error in SEcll'ION 2. (Section 1 changed to read Section 6)