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Ord 3214 9/6/1977 ORDINANCE NO. 3214 ORDINANCE ALLOWING THE EXTENSION OF ORDINANCE NO. 2138 FOR A PERIOD OF FOUR YEARS AFTER SEPTEMBER 30, 1977 , AMENDING SECTION 10 OF ORDINANCE NO. 2138 CONCERNING ANNUAL CASH CONSIDERATION TO BE PAID BY THE TELEPHONE COMPANY, AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The request of Southwestern Bell Telephone Company that Ordinance No. 2138 be renewed is hereby allowed to the extent of a four year period; Ordinance No. 2138 is hereby renewed for a period of four years after September 30, 1977. SECTION 2. Section 10 of Ordinance No. 2138 is hereby amended to read as follows: "SECTION 10 - ANNUAL CASH CONSIDERATION TO BE PAID BY THE TELE- PHONE COMPANY To indemnify the City for any and all possible damages to its streets, alleys and public grounds which may result from the placing and maintenance therein or thereon of the Telephone Company' s poles, conduits, or other telephone equipment or appar- atus, and to compensate the City for its superintendence of this agreement, and as the cash consideration for the same, the Telephone Company agrees to pay to the City annually during the continuance of the agreement a sum of money equal to three percent (3%) of the annual gross receipts for the preceding year received by the Company from the rendition of local exchange telephone transmission service within the corporate limits of the City. The first payment hereunder shall be made March 15, 1978 and shall equal in amount three percent (3%) of the gross receipts received from January 1, 1977 to December 31, 1977; and thereafter payment shall be made annually on March 15 as herein provided. " SECTION 3. The fact that continuation of telephone ser- vices necessary for the preservation of the peace, health and safety of property of the City creates an emergency, and this ordinance is declared an emergency measure, and shall become effective upon its adoption. - PASSED AND APPROVED this the 6th day of September, 1977. 61:04 ATTEST: ,(M A Y O R City lerk