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0760 Co8 ORDINANCE NO. 7 6 0 AN ORDINANCE AMENDING ORDINANCE NUMBER 728, 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 Ordinance Number 728 should be amended as set forth below. SECTION 2. Section 1 of said Ordinance Number 728 is hereby amended to read as follows: "The 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 privilege and for such privilege the Arkansas Louisiana Gas Company shall pay to the City as follows: For the year 1985, the Arkansas Louisiana Gas Company shall pay in monthly installments be- ginning January 1985, the sum of Sixty Thousand Dollars ($60,000.00). Payments shall continue in succeeding years unless sooner modified." In all other respects, said ordinance 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 All ordinances and parts of ordinances in conflict with the provisions of this ordinance are hereby repealed.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 6TEf DAY OF VECEMBER 1984. ATTEST: 4C/~ rj ES G. REID, -r-YO~ ~~. LULA M. LEONARD, CITY CLERK APPROVED AS TO FORM: ~d) r;~/~I1h- ~JITH VAUGHAN, (9'iTY ATTORNEY