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1298RESOLUTION NO. ~~. A RESOLUTION URGING THE CRITTENDEN COUNTY QUORUM COURT TO WITHHOLD ACTION AND TABLE THE PROPOSED DISTRIBUTION OF FUNDS FROM THE RURAL FIRE PROTECTION REVOLVING FUND PENDING FURTHER STUDY OF THE PROPOSED DISTRIBUTION. WHEREAS, Arkansas Code Annotated Section 14-284-401 et seq., provides additional funding for improvement of fire protection services through disbursements from the Rural Fire Protection Revolving FLind (the "Fund") by the Department of Finance and Administration; and WHEREAS, financing for the Fund is provided by a tax of one- half of one percent (0.5%) on net direct written premiums for coverages upon real and personal property; and WHEREAS, the majority of the funds collected from Crittenden County come from the City of West Memphis; and WHEREAS, moneys from the Fund are to be apportioned by the Quorum Court of each County to the districts and municipalities within the county; and WHEREAS, the City Council of the City of West rlemphis finds that further study should be given to the proposed distribution of moneys from the Fund in order to ascertain the most effective use of these funds for Crittenden County; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, that the Crittenden County Quorum Court is urged to withhold action on the proposed distribution of funds from the Rural Fire Protection Revolving Fund and to table the proposed distribution until such time as the Quorum Court can ascertain the most effective use of the funds for Crittenden County. ADOPTED this 22nd day of July, 1992. TH M. INGRAM, Ma or ATTEST: D. CR F i Cler SPONSORED BY: