ORD NO 39-1979 7
"'CITY OF VAN BURIN, ARKANSAS
ORDIN NO, 19
1j9 79' f l i
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'L y .AN ORD IN ANQE`PROVIDING.FOR�TH E COM P U T ATION OF. THE -.:TAX
THAT .ARKANSAS''OKLAHOMA'GAS CORPORATION_ PAY. TO T1& CITY OF VAN'BUREN,
ARKANSAS;' "'FOR' THE YEAR' 1979 AND ..FUTURE:`YEARS r'PROVIDINGrFORY THE PAYMENT
THEREOF- DECLARING AN FOR OTHER:PURPOSES.
WHEREAS, ARKANSAS OKLAHOMA. GAS' CORPORATION(hereinaf ter sometimes .re n
ferred to!ras the "Gas" Company duly "authorized'by :frandhise ordinate a
heretofbre enacted to operate a.gas, distribution system: and appurtenances
'thereto,. used' in,. or incident to, the rendition'of gas. service. to Van, Buren,
the- -inhabitants thereof residing in' -'said city, and
WHEREAS, ARKA'SAS 'OKLAHOMA .GAS CORPORATION'is -now. occupying the'streets
and alleys of Van Buren, Arkansas, for the purpose of ;operating, maintaining:,
and extending_ "ts gasservice to'theCity, and the:: inhabitants and consumers
'residing :in;,said City,;and issuppiying.to the City and consumers therein r
gas'serviee, and
ch A
WHEREAS, xhe City'is entitled to_receivef §u just and ^o
reasnable ?taxes,
from the Ga the s Company, th City_ may lawfully impose and the Gas Company
is entitled to pay, and'
WHEREAS, .the City recognize`slthe flowers, of the .City of Van Buren,.and
ihe- Public Service Commission under Act'324`of 1935 of Arkansas
NOW THEREFORE, ,EE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF VAN
BUREN,'ARKANSAS: fr
SECTION he'Arkansas O G as Co w hich is c onducting
,or carrying on business in the City'of -Van Buren, Arkansas under a franchise
shall pay a privilege tax in theis of FORTY .NINE THOUSAND -FIVE HUNDRED AND J
i
NO /100 DOLLARS ($49,500 +per:annum; based ;upon the 'following classes of
service
y Y A r l,
1 .Residential, Commercial,; and 3 Indu §trial t
The said tax shall be,pa in quarterly payments, lstrpayment will be
::due on 6 before the .3ls day of. March 1980, S econd payme be 'due on
or before the 30th day be due on or before
the 3Oth of Sept 1980, and'the Fourth and "final payment will be due on'
or before the °'31st day of December of`'1980 and, quarterly thereaf ter. on March
,31, June '30,.Sept 2301, 'and December 31.
SECTION 2 Nothing hereinshall 'be,construed ".to alter or change: the'`
.terms-'or. conditions o °the present franchise under which -.the ,Gas Company is
;':operating, including Ordinance No 21 -1973
t, p .r yl y t j ci. a ti I f l
SECTION 3. All other ordinances, agreements and parts of ordinances
and agreements in conflict with the provisions fo this Ordinance are hereby
repealed.
SECTION 4. Should any portion of this ordinance be Unconstitutional or
invalid and so declared by a court of competent jurisdiction, then the remaind-
er of this ordinance shall not be affected by such partial invalidity.
SECTION 5. That due to the need to raise more revenue, and to have the
same in effect January 1, 1980, an emergency therefore is declared and the
Ordinance being necessary for the preservation of the public peace, health,
and safety shall be'in'full force and effect from and after its passage,
approval and publication.
PASSED AND APPROVED THIS 19th Day of November, 1979.
ATTESTED:
/it/a' CT"
Mayor
.7: l/C /i1 Q A/ Oii
City Clerk
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.k. Mj 1 Z i