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AN ORDINANCE FIXING THE AGGREGATE AMOUNT OF LICENSE FEES, OCCUPATION FRANCHISE FEES, CHARGES, AND SPECIAL FRANCHISE FEES ON PUBLIC UTILITIES OPERATING WITHIN THE CITY OF JONESBORO, ARKANSAS WITH THE EXCEPTION OF SBC, CENTERPOINT ENERGY, COX COMMUNICATIONS AND CITY WATER AND LIGHT; AND FOR OTHER PURPOSES
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WHEREAS, various independent utility companies (hereinafter the Utility Companies) are duly authorized, by franchise ordinances heretofore enacted or by agreements heretofore entered into, to provide certain utility services and systems in the City of Jonesboro, Arkansas, (hereinafter the City )and,
WHEREAS, the Utility Companies are now and will be occupying the streets, alleys and rights of way of the City for the purpose of operating, maintaining, and extending their various services to the City and supplying the City and residents therein , and
WHEREAS, the City is entitled to receive just and reasonable franchise fee from the Utility Companies which the City may lawfully impose and the Utility companies are entitled to receive reasonable rates for services supplied the City, and.
NOW THEREFORE, BE IT ORDAINED by the City Council of the City of Jonesboro, Arkansas, that:
SECTION 1: That the term “all Utility Companies” refers to all utilities companies with the exception of Centerpoint Energy, SBC; Cox Communications and City Water and Light.
SECTION 2: For the purposes of this ordinance, independent utility companies shall be defined as any person, firm, corporation or other business entity not owned in whole or in part by the City, which shall be authorized or enfranchised to provide utility systems and services within the City. Such systems and services shall include, but shall not necessarily be limited to, gas and telephone.
SECTION 3: Each Utility Company, shall pay to the City beginning January 1, 2006 and thereafter, 4.25 per centum (4.25%) of its gross revenues collected for services (excluding industrial and municipal revenu...
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