ORD NO 17-1966A ORDINANCE NO. 17 -1966
AN ORDINANCE PROVIDING AN ANNUAL PRIVILEGE TAX UPON THE. OKLAHOMA
GAS AND ELECTRIC COMPANY FOR CARRYING ON BUSINESS IN THE CITY OF
VAN BUREN, ARKANSAS, UNDER ITS FRANCHISE, DECLARING AN EMERGENCY
AND FOR OTHER PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS, .That:
SECTION 1: The Oklahoma Gas and Electric Company which is conducting or
carrying on business in the City of Van Buren, Arkansas, udder a franchise
shall pay a privilege tax in the sum of TWELVE THOUSAND AND NO /100
($12,000) per annum and said sum payable on or before the tenth day of
January, 1967, for the calendar year, and a like sum annually thereafter+
SECTION 2: Said privilege tax shall be paid in lieu of all other taxes;
licenses, charges, fees,or imposition except general or special ad valorem
taxes which might be lawfully imposed by the city.
SECTION :3: As an incident to the privilege hereby taxed Oklahoma Gas allot
Electric Company shall have the right to occupy present or future streets,
highways, alleys, or other public ways of the aforesaid municipality for
the purpose of carrying on its said business.
SECTION 4: All ordinances, or parts of ordinances, or resolutions, or
parts 'Of resolutions of the City of Van Buren, Arkansas, imposing upon
electric companies pole taxes, licenses or other charges are hereby
repealed.
PASSED AND APPROVED THIS 12th day of December, 1966
Allen R. T.00thaker (s)
Mayor
Attest:,
Geo L. Crofton (s)
'City Clerk