ORD NO 22-1983 CITY OF VAN BUREN, ARKANSAS
ORDINANCE NO. p(o� -1983
AN ORDINANCE AMENDING ORDINANCE NO. 1 -1975 AS
AMENDED DEALING WITH METHOD OF REMITTING TAXES
DUE TO THE CITY OF VAN BUREN.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
VAN BUREN, ARKANSAS:
THAT, Section 1 of Ordinance No. 1 -1975 be hereby
amended as follows:
ARTICLE I.
Section 1. The Oklahoma Gas and Electric Company which
is conducting or carrying on business in the City of Van
Buren, Arkansas, under a franchise shall pay as a monthly
privilege tax five percent (5 of the gross revenues
received by said company in the preceeding month from the
following classes of service to customers within the corporate
limits of said city:
1. Residential 2. Commercial 3. Industrial
The said tax shall be payable on or before the 25th day of
February, 1984, for the month of January, 1984, and monthly
thereafter on or before the 25th day of each month.
Section 2. This Ordinance in no way affects any
payments owed by Oklahoma Gas and Electric Company to the
City of Van Buren, Arkansas, for the years 1983 or prior
thereto; that any payments due under Ordinance No. 1 -1975
for the years 1983 and before shall continue to be payable
under the terms of Ordinance 1 -1975; that any amounts accrued
after January 1, 1984, shall be paid under the terms of this
Ordinance.
Section 3. That no other alterations or amendments
of Ordinance No. 1 -1975 are intended and the remainder of said
Ordinance not heretofore specifically amended shall remain in
full force and effect.
THAT, for the preservation of the health, welfare
and safety of the citizens and residents of the City of
Van Buren, Arkansas, the immediate passage of this act is
necessary in order to collect Franchise Taxes on a current
basis, therefore, an emergency is declared to exist and
this Ordinance shall therefore take effect and be in full
force from and after its passage.
PASSED AND APPROVED THIS /74' A(°
day of ldljeoX
1983.
Ad `0'
Fir
ATTESTED:_
It -.SAL aliat47i■
Y CLERK