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ORD NO 06-1961 ORDINANCE N0. 6...3 pt AN ORDINANCE FIXING A PRIVILEGE TAX FOR EACH ELECTRIC COMPANY FOR CONDUCTING OR CARRYING UN BUSINESS IN THE CITY OF VAN BUREN, ARKANSAS. BE IT ORDAINED BY THE CITY COUNCIL•.OF THE CITY OF ;AN BUREN, ARK "a�SAC That: SECTION 1. That the annual privilege tax of each electric Dc,fer and .light company conducting or carrying on business in the C ity oF Vt.n Buren, Arkansas, be and the same is hereby increased to V.1_ -um of FOUR THOUSAND FIVE HUNDRED AND NO /100 DOLLARS ',555...0) annually from and after December 31, 1960, said sum to ;p =.i.d on or before the 10th day of January of each calendar ycer, provided the increase of FIVE HUNDRED AND NO /100 DOLLARS (5500,00) for the calendar year of 1961 shall be paid on or hefore the 20th day of July 1961. SECTION 2. Said occupation tax shall he paid in lieu of all other taxes, licenses, charges, fees or impositions except general or special advalorem taxes-which might be lawfully imposed by the City. SECTION13. 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of the City of Van Buren, Arkansas, imposing upon electric companies pole taxes, licenses or other charges are hereby repealed. -'AASSED AND APPROVED THIS 3 day of 41.13,y_ 1961. Alden R. SnrIb4ar (S) Mayor ATTEE_ Ger. :-_r:: L, Crofton SSJ Recorder