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0846 -- Cf1 ORDINANCE NO. 8 4 6 (#37-86) AN ORDINANCE AMENDING ORDINANCES NUMBER 728, 760, AND 806, 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, 760, and 806 should be amended as set forth below. SECTION 2. Section 1 of said Ordinance Number 728 and Section 2 of said Ordinances Number 760 and Number 806 are 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 1987, the Arkansas Louisiana Gas Company shall pay in monthly installments beginning January 1987, 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 All ordinances and parts of ordinances in conflict with the provisions of this Ordinance are hereby repealed.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 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 DECH1BER , 1986. 4' G. "'REID,' ATTEST: (~~,~u ~LUbA-M. LEONARD~TY CLERK APPROVED AS TO FORM: /'/< ( - {~ui~J1~ ATTORNEY