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05/15//2025 PLEASE TURN OFF ALL CELL PHONES AGENDA WEST MEMPHIS CITY COUNCIL MAY 15,2025 PRAYER: PASTOR LAFAIR HALE STEWART TEMPLE-WEST MEMPHIS,AR PLEDGE OF ALLEGIANCE: MR.WAYNE CROOM-CITY COUNCIL MEMBER-WARD 3-2 CALL TO ORDER: ROLL CALL: CITY CLERK-MS. PAT JOPLIN BID OPENING: WEST MEMPHIS UTILITIES-SEWER SYSTEM CIPP REHABILITATION MR. BRETT SIMS MINUTES: APPROVE OR CORRECT MINUTES OF MEETING MAY 1,2025 OLD BUSINESS: NEW BUSINESS: 0-1 AN ORDINANCE AUTHORIZING THE ISSUANCE OF A TAXABLE INDUSTRIAL DEVELOPMENT REVENUE BOND, SERIES 2025A,UNDER THE AUTHORITY OF ACT NO. 9 OF 1960,AS AMENDED,FOR THE PURPOSE OF SECURING AND DEVELOPING INDUSTRY WITHIN THE CITY; AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND PURCHASE AGREEMENT PROVIDING FOR THE SALE OF THE SERIES 2025A BOND; AUTHORIZING THE EXECUTION AND DELIVERY OF A TRUST INDENTURE SECURING THE SERIES 2025A BOND; AUTHORIZING THE EXECUTION AND DELIVERY OF A LEASE AGREEMENT BETWEEN THE CITY,AS LESSOR,AND GROOT LLC, AS LESSEE; AUTHORIZING THE EXECUTION AND DELIVERY OF AN AGREEMENT FOR PAYMENTS IN LIEU OF TAXES; AUTHORIZING THE EXECUTION AND DELIVERY OF OTHER DOCUMENTS RELATING TO THE ISSUANCE OF THE SERIES 2025A BOND; AND PRESCRIBING OTHER MATTERS RELATING THERETO. 0-2 AN ORDINANCE AUTHORIZING THE ISSUANCE OF A TAXABLE INDUSTRIAL DEVELOPMENT REVENUE BOND, SERIES 2025B,UNDER THE AUTHORITY OF ACT NO. 9 OF 1960,AS AMENDED,FOR THE PURPOSE OF SECURING AND DEVELOPING INDUSTRY WITHIN THE CITY; AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND PURCHASE AGREEMENT PROVIDING FOR THE SALE OF THE SERIES 2025B BOND; AUTHORIZING THE EXECUTION AND DELIVERY OF A TRUST INDENTURE SECURING THE SERIES 2025B BOND; AUTHORIZING THE EXECUTION AND DELIVERY OF A LEASE AGREEMENT BETWEEN THE CITY,AS LESSOR,AND GROOT LLC,AS LESSEE; AUTHORIZING THE EXECUTION AND DELIVERY OF AN AGREEMENT FOR PAYMENTS IN LIEU OF TAXES; AUTHORIZING THE EXECUTION AND DELIVERY OF OTHER DOCUMENTS RELATING TO THE ISSUANCE OF THE SERIES 2025B BOND; AND PRESCRIBING OTHER MATTERS RELATING THERETO. PERMISSION REQUEST: PERMISSION FOR MAYOR MCCLENDON TO SIGN A DEVELOPMENT AND SUPPLY AGREEMENT WITH GROOT,LLC. COMMITTEE REPORTS: APPOINTMENTS: PRESENTATION BY THE MAYOR: PROM PROMISE - CITY COUNCIL MEMBER MELANIE HUTCHINSON CITY COUNCIL MEMBER LORRAINE MOHAMMED p._ j a-' PAGE 2 AGENDA WEST MEMPHIS CITY COUNCIL MAY 15,2025 ANNOUNCEMENTS: CITIZEN REQUEST: DR. KENNETH R. GREEN, SR. SPEAKING ON: RENAMING 601 SOUTH 13 STREET SOUTH 12 STREET AS DR. WEST MEMPHIS,AR S. J.PARKER STREET ADJOURNMENT: