ORD NO 21-1965 ORDINANCE N0. 21 -1965
AN ORDINANCE PROVIDING AN ANNUAL PRIVILEGE TAX FOR EACH ELECTRIC
POWER AND LIGHT COMPANY CARRYING ON BUSINESS IN THE CITY OF VAN
DUREN, ARKANSAS, DECLARING AN EMERGENCY AND FOR OTHER PURPOSES.
BE IT ORDAINEDi::BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS,
1 That:
Section 1: Each electric power and light company conducting or
carrying on business in the City of Van Buren, Arkansas, shall pay
a privilege tax in the sum of ELEVEN THOUSAND AND NO /100 DOLLARS
(11,000.00) per annum and said sum shall be payable on or before
the tenth day of January, 1966, 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 impositions except general
or special ad valorem taxes which might be lawfull imposed by the City.
Section 3: As an incident to privilege hereby taxed said electric
power and light company shall have the right to occupy present or
future streets, highways, alleys, or other public ways of the afore
said.municipality for the purpose of carrying on its 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hereby repealed.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 6th day of December, 1965..
Allen R. Toothaker (s)
Mayor
ATTEST:
Geo L. Crofton (s)
City Clerk