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88-056 ORD AMENDING AND CHANGING ORD NO 2564 BEING A FRANCHISE ORD ENACTED BY COP ON APRIL 13 1981
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88-056 ORD AMENDING AND CHANGING ORD NO 2564 BEING A FRANCHISE ORD ENACTED BY COP ON APRIL 13 1981
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CITY CLERK
CITY CLERK - Date
12/29/1988
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�. <br />--._ <br />transported by the Company into the <br />corporate limits of the City; with a <br />like payment for each quarter thereafter <br />to be made on the 15th day of the second <br />month following the end of each quarter, <br />which payment shall be based on the <br />preceding quarter's gross receipts from <br />gas sold, transportation fees, and on <br />the purchase price of transported gas, <br />and continuing throughout the life of <br />this franchise up to and including the <br />year 2006, which quarterly payments <br />shall be for the rights and privileges <br />herein granted to Company including <br />expressly, without limitation, the right <br />to use the streets, alleys and public <br />ways of said City. It is also expressly <br />agreed that the aforesaid quarterly <br />payments shall be in lieu of any and all <br />other and additional occupation taxes, <br />easement and franchise taxes, or charges <br />(whether levied as ad valorem, special <br />or other character of tax or charge), in <br />lieu of municipal license and inspection <br />fees, street taYes and street or alley <br />rentals or charges, and all other <br />additional municipal taxes, charges, <br />levies, fees and rentals of whatsoever <br />kind and character which City may impose <br />or hereafter be authorized to levy and <br />collect, excepting only the usual <br />general or special ad valorem taxes, <br />which City is authorized to levy and <br />impose upon real and personal property <br />and charges tor repair and damage caused <br />by Company in using the streets, alleys, <br />public ways and public properties. <br />Should City not have the legal power to <br />agree that the payment of the foregoing <br />sums of money shall be in lieu of taxes, <br />licenses, fees, street or alley rentals <br />or charges, easement or franchise taxes <br />or charges aforesaid, then City agrees <br />that it will apply so much of said sums <br />of money paid as may be necessary to <br />satisfy Company's obligations, if any, <br />to pay such taxes, licenses, charges, <br />fees, rentals, easement or franchise <br />taxes or charges. <br />In order to determine the gross <br />receipts received by Company from the <br />sale of gas within the corporate limits <br />of City and from the fees received by <br />the Company for transporting gas to <br />customers within the Company's lines <br />into the corporate limits of the City, <br />and in order to determine the customer <br />purchase price of all gas transported by <br />Company into the corporate limits of the <br />City, Company agrees that on the same <br />date that payments are made as provided <br />in the preceding paragraph of this <br />Section 9, it will file with the City <br />Clerk a sworn statement showing the <br />gross receipts received by the Company <br />from fees for the transportation of gas <br />within the Company's lines to customers <br />within the corporate limits of the City, <br />
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