ORD NO 04-1963A ORDINANCE NO. 4 -1963
AN ORDINANCE FIXING A PRIVILEGE TAX FOR EACH ELECTRIC COMPANY FOR
t o CONDUCTING OR CARRYING ON BUSINESS IN THE CITY OF VAN BUREN, ARKANSAS.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS,
THAT:
SECTION 1. That the annual privilege tax of each electric power
and light company conducting or carrying on business in the City of
Von Buren, Arkansas, be and the some is hereby increased to the sum of
FIVE THOUSAND FIVE HUNDRED AND NO /100 DOLLARS 05,500.00) annually from
and after December 31, 1962, said sum to be paid on or before the 10th
day of January of each calendar year, provided tha increase of FIVE
HUNDRED AND NO /100 DOLLARS ($500.00) for the calendar year of 1963
shall be paid on or before the 20th day of June, 1963.
SECTION 2. Said occupation 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 lawfully imposed by the City.
SECTION 3. All ordinances, or parts cf ordinances, or resolutions,
or ports of resolutions of the City of Van Buren, Arkansas, imposing
upon electric companies pole taxes, licenses or other charges are
horehy repealed.
PASSED AND APPROVED THIS 3rd day of June 1963.
Allen R. Toothoker (s)
Mayor
AO ATTEST:
Gee. L. Crofton (s)
City Clerk