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5/1/34 - 11/20/34
I:~IUT"S On Tuesday, the lst day of P~:ay, 1934, same being the regurlarly established meeting night, the Town Council of the Town of wrest I~Iemphi s met in the Director's room of the Bank of West I~Emphis at eight. o'clock F. I,i. with the following members pl~sent: Fi H Hundhausen, i,Iayor, J 0 Spotts, Recorder, C H B."^own, L F Bernhard, aldermen, A discussion had arisen as to the disposition of Pu~ds in theafLount bf X175.62 which was represented by arY.ansas State Hevenue ~tarrant No.109511, payable to the City Treasurer and deposited .by him on bpril 18t_h, 1934. This said funds, Yt was found, is to be set aside for use in pensioning of disabled ='firemen, and after discussion of the matter. between the Cnuncil, and L:r. J. F. ~iilson, Secretary. and 0. I. Bmllinger of the Volunteer Firemen, same was left is the custody of the City Treasurer until father &nd future notice. ~ ' I In the matter of gravelling eertain streets in the Ie:. L. Thompson subdivision, action was deferred on this project until father developments in the organization and hHSembling of plans for the eneistion of a Church on said subdivision. There being no further business tc come before the sooting, same was adjourned, 1krII~TtJ'~S _ •.. On Tuesday, the 2nd day of July, 1934, the same beilz~ the regurlary established date for meeting, the Town Council of the Incorporated Town of ~'Iest I•-emphis, ~rh. met in the director's room of the Bank of ti7est I,:emphis Building at eight ~Tclock P. L`. 44ith the fo;~lowing members present: S'! H Hu~dhausen, S~ G Parker, ~ i; Jacl;s, L P Bernhard, C H Brown and J 0 Spotts. There being no unfinished business to co_°:;e, the Ir:ayor asI>ed for discussion of new business matters. A motion was introduced by C. H. Brown that the Iayor appoint a eomtilittee of three i=embers to work t~ith I:s. 14I. C. Bauman, Bngineer and A. B. Shafer attorney on the matter of entending the line of City fiorporation Limits, so as to include subdivisions now outside of said limits, and to provide more uniform shape to said copporation limits. Upon proper second bg Noah Phillips, the i.'-ayor asked for vote, which was unarirlous,-and stated: that: said appointment would be ~ made after a day or two of consideration. A Itiiotion was then introdueed by Iuoah Phillips that the City Council buy a used jv~ trliclc for use of the Volunteer Fire Departr;ent. Upon proper second by w G ?'arker, laid motion was unanimously adopted and the mayor then appointed C H Brown, 1'J G Parker and L P Bernhard to investigate and make purchase of a used trnek, not to enceed N100.00 in cost. C H Brown, having, been to quite eanerse in making the Sewer Loan ri~?plication for the City, both in Travel and Stenographic work, presented a bill of ~,~40.00 to the Citlrfor this _•ei.mbursement, and the Council thereby ordered the Recorder and Treasurer to pa;- this amount to it"r. Bonn. A bill having been presented to tl.e Council by Frank Gra':am_for the unloading, hauling and spreadi_:g of five cars of gravel on the streets in 'ihompson Subdivision, in the amount of w165.75, the Recorder and Treasurer was directed bar the Council to pay one-half of this bill. There being no further business, the meeting was adjrnirned. ~'+'. H. Hundhausen, i.ayor, Attest J 0 Spotts, Recorder. "` .._.L:L'1 ''S C.~'n 9TUBS~a~T, ~1G 7t1! day Of =.U Lust, 193- the OL7n ~OU'lCl.l Of file 1'~Ol'_i70r tf:d tOC,71 Of ~ (~ West 1 ~em.llis, ~ ri.a_nsas met in the officc;s of tie Jo nson :.~,to Co:.~a-ly at eight o' clod. 7IiI F. ~.-. rata the folio^in.~ me:_bers ,resent: i _' =_tu1~lhausen, J ~~ Spot's, =loch rhillips,' --J ~. h• Eror^_! and. -.. _,. Jacks. There Doing no unfinished business, the r.:eetin,^ ryas ciec'ared o_nen for discussion of nest business. Tile 1,:a~,roD presented a letter and pro_rosal fro*~ the '+est = -*:'_-:is ~ orrer 8c .later Co~:~pa_ny re.~ardi!1L; street lir'hts and fire 71ugs. =-fter discussion of the city's needs in tl!is line, the follor;in_>, rescl•_:tio~a c;as the r_ unaniT.ou.sl,- a~.or,ted.. .. .~ i~SCL"uTICii: 6 ~..,'. 9. 3e it resolved b;,~ the Totvn C~uneil of the incarrorateri ':'orrn cf last -.en-~.iis, --r.-ansas `~~ that said cot:ncil, accent a: off~zo-:lade bT- the .:est i-~:.:.-.,,is o:~er and 7a ter Co~~pan~, x ~ ' - „ w_ tc establish and !caintain street 1i_hts o_: the follo-;int ccndit'_o_ls and at fire fo1- r~' lotnn . ,;lases. C•le Ii.~llt to be lac ~._ or_ L S '?i;h~~ ~ „'70 at I~-t': stre=t. --not_i°r on sai~ -iehrray at 12th and ar_other at 10th st. :neat the intersectiol o? said~.'_,.izhvrav ~. ctith 8th streot, and a_zot'_ler light fulthar dorm of 8tli st. as -:a°> be deter.iined. useful. Cn~, Ii.lt on L' ,~ -i,~ht7ay ;~70 at intersection of strrat in front of-lee _-o1'_anr'. =~i' 1 in„ StatlOn, Ono 11;_;i1t at. file lrt is rB G'Ct lOil Of __1^J3 %;~61 and -~1S'_ .-VC', v;:e 11'?-''_t at ti1Ga intersection of Cooncr ,_, a.,:~l U:, ~i~~h^a~T :To.Gl, three pore Ii~llts conveni~ntl~- located on sooner st., one at the'intersection~of - .. iii-hnay;;Gl and -+an_er Wit., one lig_-a at tii" 11terSr'~tlOn Of Sall "'~~^a;,T and ~ar',On ,trCet, Ono Iight at lilter30 Ctl~n Or S'dl lli^~hti7a,,- and =ond St., and ~hree lights o_1 ~econ~". street, conve~iantl;* lacateu, a:~ three :~hitct=ra? li-~hts on tine trian;^I~ at the: interseetion of L S _ii~h~~a--s i:c.61 and 70. i'~1@ COndltloilS Cf SUC~i .'~rO-!OSaI be 1:1 :' 8S .::11^.?'S- '~''~"!'at ti1C' -eSt ~..OIj1D111~4=O~ieT ~~, ..'~3t~°r Co., a,-roes to furnis_: an'- ^ai~tai_1 elate., n;' sai li~',ts -free of ,~nT, cost for a roeriod I' of fi-r= dears froTM date of installatio_Z, i cl ar'~.i l_- rho tilrr~e •,7hi te-rc- li:'_•lts at the ~,°,: intersection of ? i,'lr;a; Iio.ol and 70. lira usher ten lights to or furaisl_ed thu cit~r at it's. regular rata as shown. in the ranchise to said :+est l eraphis = osrer ~'. ;later Ca. , '-,ith a reFUlar +' iscount of 15 , ~a ,icll is in line t~it11 the rate rer?^ +,,:,n .;:ado in Ta;m and an additional IO; discount, r_al.i.l: the net cost on a basis of ';1,,50 -per 1i.~llt der ^ar.t'~. 'Llre a'~iti_nal 10.E discou_t oe~r~^ allo~rd on the basis bf the bi'_1 ~cin:~• paid • on oP before the lOtli of the _ncnth follotrin=-. ~~e~ ~-cr then ~reseatod a le~~tor free the .`est '-~ Lis I otve:r ~;:. :later Corl~any r:;lative g~ to City ''ire P1ues, nhereu,on t_ie follarrin:~ resclutior_ -eras unani~^ousli~ adopted: C~ _ y*: Le it resolved b?% t:le Town Council of the Incorp; rate~i~ `form of %+est :.ieiunhi~ , srkarWas that the said '~ou;icil i-struct the •Iest i•emr`__is =peer and 'afar Corpany to install any. maintain. one fi_~ ?_~1?? • ;;, the, intersection of ii S _i~h?.ads >0.61 an? 70. There being no further business to con: before tLe comicil, sa:^a :eras adjcurned to ~~•--a a~-•ain,at th,e sa^_^e hour, arm i:. the Director's roo._ of the ~anr- of -.lest =^rr;his ~uildi_z~ I on Tu~:sday the 21st day of -=u~•ust, 135 ~. y f . J J. C'. ~potts, 3ecorder. biinut~s ~ ~ The Y~own council of ~~hc inco_~poratai town of ~Yest I,;empi~is, .rkansas, met in reat,lar se;~sioa on tr.e 4th day of aeptemoer, 1~a4, at ,r'est i:le:crphis, Arkansas its usu,;l pls.:e of meeting. The meeting was palled to order by the t,_ayor rind on roll pall the . following mamoers sns~rverad "Present", being-all the members o£ the oouncil: r f Mayor a. x. xundhausan Recorder J. 0. Spotts Alderman l;. E. Jacks Alderman idoah Phillips ~ ~~. Alderman t'~I. ~. Parker alderman L. P. 3arnhard '~F, Ald;arman ~. x. i3rown ; 4 'Phe minutes of the last meeting were read and approved. Alderman C. H.~~3rown offered the following resolution, which was read in i'ull by the xeoordor. :Llde=man rsrown then moved its adoption,' whioh motion was seaondad oy yldarman L. P. Bernhard: lesolution tsB IT R~aOL?IUD by the Town that the follotiving Loan an Amerias he approved snd th Town by the *~i'embars of the by the Town Recorder: Loan a N''` ~Oi~,'' ` ~RI T'L' Council of the ''t'own of West iriemphis, Arkansas, Grant Agreement with the United Mates of t the same be exeouted on behalf of the Sewer Committee and the 1:Iayor and attested d Grant Agree>ment dated as of ~ 153 , between the ~tcr.f~~ a.. a ( heroin oa11e1 th® ''Borrower'') Ord she linitel States of Amorica (herein called the "Government"). PAR'1' QTr f: 1'. Purpose of Agreement. subject to the terms anti conditions of this Loan and Grant Agreement (herein called the Agreement''} the Government will, by loan and grant not exceeding in the aggregate the s,:m of X62,000 (herein called the "Allotment") aid the Borrower in financing a project (herein palled ttie I'Projact1T) consisting of the construction of a sewer system, all pursuant to the Borrov+er's application (herein called the "Application") , P.~i.A. Docket Nb. 2615 'Pule 11 of the .National industrial Recovery Aot (herein called the•"Act") and the Constitution and Statutes of ttie State of Arkansas, (herein called the "state"). 2. amount and I,ethod of i,.ial:in Loan. 'Phe Borrower will sell and the Government ~ti~ill buy, at the pr~in~ip211 account •tneraof plus aooured interest, :,4x,000 aggregate principal amount of the uonds described below (herein called the ":3onds") less such amount of the Bonds, if any, as ttre• Borrower may sell to purchasers other than the Govornment. (a) llesi nation: Sewer Rever;ue Bond. ((b)) u horize Amount: ~4b,000. (a) d I;o'~i'd•UTe, special obligation, coupon bond (d) Registration; Registerable at the option of the holder as to 1 i ,principal only. (e) Jate: beptembar 1, 1y34. (f) Interest: at the rate of 4 per cent per annum payable on t~isrch ]„ d 1935, and semi-annually thereaster on the first days of September an I~iarch in each year. (g) Maturities; Payable on i::aroh 1 in years and amounts as follows: Year Amount Year Amount 1936 ;500 1948 X3,000 1937 500 1949 3,000 1938 500 1550 3,000 1'.139 500 19b1 3,000 1540 1,000 15 b2 3,000 1941 1,000 195:3 3,000 1942 1,000 1954 .3,000 1943 2,000 lbb5 3,000 -1944 2,000 1956 3,000 1545 2,000 1557 3,000 1946 2,000 1556 3,000 1947 2,Oc~0 (h} aeeurity; Special obligations of the 3orrower, sec:Fred by an exclusive first charge upon and. pledge of the revenues of the Borrower's entire sewer systani tinalnding all future additions and improvements thereto) ramairing after deduction only for operation, repair aril maintenance expenses. (i) P ace ~ ti d; ;i7i ,pt -s ~ Payable in any coin or currency Which, on the respective dates of payment of the principal of and intorest on the Bonds, is legal tender for the.paymel<it of puulic and private deb~s, at tr:a olflce of the Treasurer of the 3orroti~er, in tY,e town of 'hest lilem~his, Arkansas. (j) Jenomiriation: X1,000 and X500. 3.Amour.t and bSetr,od of iaakin Grant. `i'he Government will mays. and ._~ the aorrower will coo®pt, cahether or not cry or all of the bonds are sold to purchasers other than the Government, a grant (herein palled the "G ant" iri an am tint eoual to 3` er ent ai f the. co,~t of, th labor anc~ mat~rlals emp~oyed t#pon the Pr~~ec~. 'Pie ~etermina„ion o,.~ the --- r`edaral :~mergenoi~' sdministretor of Public t9ori`s i herein called the "Administrator") of rthe post o~ iGhe labor and matarilis employed upon the Project shall ba conclusive. The Gov::,rnment will make part of the Grant by payc:,ent of money and the remainder of the Grant by o3ncellatior; of Bonds or interes°~ coupons or both. If all of the bonds arc gold to purchasers other than the Government, the Government will malLe the entire Grant by payment of r.~oney. In no event shall. the Grant, vuhather made 'partlw by payment. of money and ps:~~tly by cancellation, or ~vholly b;% payment o~ money, be in excess of X16,400. 4. Bond Proceedings. ~rhan the .gracrnert has been executed, • the Borrower t unless it ha: al.•~ady 3on~; so) shall promptly take all proceading3 n-~c~~asary for the autr~orizat.on anal i:~auanca of the Bonds. b. Bor;d and Grant Requis~ns• ~~'rom bras to tuna after th® execution of this agreement, the 3orrower shall file a requisition with the Government requesting the Government to take up and pay for Bonrfs or to make a payment on acooo.nt oz the Grant. teach requisition shall be aa- corapained by such documents as may be requested b,;~ the Administratro (a requisition together with such documents being herein collectively called a "Requisition"). 6. Bond Purchases. if a Requisition requesting the Government to take up and pay for Bonds is satisfactory in form and substance to the Administrator, the Government, within a reasonable time after the receipt of swch Requisition, will take up and pa-~ for Bonds, having maturities satisfactory to the Administrator, sufficient funds for the construction of the Project =or a reasonable period. Payment for each Bonus shall be male at a ~edoxal Reserve Bank to ba designated by the Administrator or at s:.en other place or places as the Adminis- trator may designate, against delivery by the Borrower of such Bonde, having all unmatared interest coupons attached thereto, together with such documents a:a ma, ba raq~~asted by Liza idministrator, i'he Government shall be under no obligation to tai;e up and pay for Bonus beyond the amount which in the judgment of the :idrninistrator is needed by the Borrower to complete tre Project. ~ ' ~ 7. Grant ~ Payment of I,ione~. If a Requisition requesting the Govern- ~ meat to ;r,ai:e a payment on account of the Grant is s~~tisfuctory in ~ form and substance ~o the Administrator, the Government will pay to d the Borrower at such plane or places a<> the Administrator may designate ~ against dcaliver~ bJ the 3or-rower of its r:c~ipt therafor,_a sum of money equal to the di~ie~enoe betv~e.;n the aggregate amount previously paid or) ae~oant of the Urant, at. (a) 25 per aenttim of the cost of the la~or and material shown in the Requisition to have beer,. employed upon the iroject if the :iequisition shows that the Project has not been completed, or (b) 30 per centum of the cost of s~,ch labor and materials if the Requisition 3hocvs that the Projeat ha;: been ~I _ completed urid that all coats inour~ed in connection 4 ~ d therewwith have been determined; lJ ~o°~nea30r~°owerz~i1a~l`zto~Cr'~epantegaessao~`r~na ~~~~er~nv°ey~i'e~we°n ~f~ie`y Allotment and the amount paid Inot including the amount paid as accrued interest) for the Bonds taken up by the government. `Phe Government reserves the runt t;o ~~ska an a~-t of the Grant b cancel~atior_ of Bonds or interest coupons orbopth rather than by p~yment o money if, i;n the judgment of the Administrator, the 3orrower does not need the morie~~ to pay coat incurred in connection with the construction of the Projeat. 8. anent ~ Uanetllaton of Bonds. If the BorroLUar, within a reason- able time alter the completion of the Projeat, shall have filed a Requisition, satisfactory in form and substance to the Administrator, then the Government will oanael such Benda and interest coupons as may he selAotad by the Administrator in an aggregate amount equal (ae nearly as nay be) to the differeno•~ between 30 per centum of the cost of the )suer and materials employed upon the project and the part of the Grant made by payment of money. The Government will hold Bonds or interest coupons for soon reasonable time in an amount sufficient to permit compliance GVith provisions of this ;_'aragxaph, unless payr~egt of such diff~renaa shall Nava been otherwise provided for by the Government. 9. Grant .idyar,ca. At ar;y time after the exeantion of this Agreement the Government ma:y, upon request of the borrower, if in the judgment of the administrator the airaumstat;eas so warrant, make advances to • - the Borrower on account of the Grant, .,ut such advar~cas shall not be in excess of 30 per cent:;m of the cost of the labor and materials to be employed upon the Projeat, as estimated by the Administrator. 4 10. I~e~psit of ,end Prooeed~_and.Grant;.l3a.rid Fund; Construction Accounts. The 3orrnwer shall deposit all aoaured interest which it receives from the sale of the Benda at the time of the payment therefor and ar.y payment ou account of the Grant which ma;; be made under the .provisions of Paragraph Es, P.yRT OhB hereof, into an interest and bond retirement fund aaoount (herein calked the "Bond Fund") promptly upon the receipt of such scoured interest or such payment on account of the ' Grant. It will 3eposit the remaining proceeds from the sale of the Bonds ('whether such 3onds are sold to the !;pvernMent or other .. purchasers) and the part of the 'srsnt made b~,~ payment of money under the provisions. of Paragraph 7, I'aR1' t~I::~, hereof, promptly upon the receipt of such proceeds or paywents in a separate account or accounts (each of such separate accounts herein called a "Construction ~lvcount"), in a banit or ben~.s which are rJemberso of the t~ederal F.eserve System snd of the Federal Deposit insurance Corporation and which shall be satisfactory at all times to the administrator. 11. iliabursement of Monies in Construction~gyaounts and in Bond Fund. The Borrower shall expend the monies in a Construotion acQOUnt on~y~ for such purposes as shall have been previouslg specified in ;?equisitions filed o°Jith the Government. and approved by the ~dminis~rator.1ny monies remaining unexpended in any Construction account after the completion of the Project which are not required to meat obligations incurred in connection with the construction of the Project shall ___ either be paid into the bond ~`und, or said monies ahs~ll be used for the purchase of such of th® ilonds as are then outstanding at a price net exceeding the principal amo..nt thereof plus accured interest. :1ny Bonds so purchased shall be cancelled and no additional !3onds shall be issued :in lieu thereof. The monies in the Bond r`und shall be used solely for the purpose of paying interest on and principal of the BOnus. 12. Other r~inancial did from the Government. f the Borrower shall receive any sums (other than .t hose received under this agreement) directly or indirectly from the .Government, or any agency or in- strumentality thereof, to a<d in financing the oonstruotion of the Project, to the extent that such funds are eo received the Grant shall oe reduced, and to the extent''th.at suoh funds are so received exceed the part of the Grant which would otherwise be made by payment of money, the aggregate principal amount of Bonds to ice purchased by the Government shall be reduced. 13. Conditions Precedent to the Government's Obligations. The sovern- went shall be under no obligation to pay for any of the i3onds or to- ma~e any Grant: (a) pinanoial Condition and Budget. If, in the judgment of the ~dn~iuistrator, the financial csondition of the borrower shall have changed unfavorably in a material -l degree from its. condition as theretofore represents d 1 to the Government, ar the Borrower shall have failed U1 to balance its budget satisfactorily or shall havE failed to taxe action reasonably dasi~;ried to bring tt.e ordinary current expenditures of the Borrower .within the prudently estimated revenues thereof; (b) Cost of Project. If the administrator shall not be satisfied that the Borrower will be able to complete the i~roject for the sum of ;62,000, or that the Borrower will be able to obtain, in a manner satisfactory to the administrator, ar,y sddit_onal funds which •ti~e l~dminis- trator shall estimate to be n®c~::ssary to complete the Project; • (c) Compliance. If the administrator shallnot..be satisfied that the :3orrower has complied with all the provisions contained in this agreement or in the proceedings authorizing the issuance of the Bonds, theretofore to be complied with oy the borrower; (d) L~ Gutters. if the administrator shall not be satisfied as to ell legal matters and proceedings affect- ing the Bonds, the security therefor or the oonstruotion of the Project; (e) Representations. if any representation made by the Borrower in this agreement or in 6pplication or in any - - supplement thereto or amendment thereof, or in any zloc- ument submitted to the Government by the Borrower shall be found ey the 6dministrator to be incorrect or incomplete in any material respect; or {f) ;3ond and Hate Ordinances. if the 3orrower shall not a~ro'pt an ordinance autholiziny; the issuance of the ;ion~l;; and an ordinance establishing the ratan for sewer service, both of which shall be satisfactory in form, sufficiency aa3 substance to the Administrtitor. t'.i~t2~ .1~~iiO ITu COPI;iIJ~si~iUPJ Ud' 'rim GR.y3d^l, 1H_'s 3U i_';U ;Bi3 JOI J_;uyPv _~5 1H.'il: 1. dOr~3 truct:on •dork. llll VdO rK On Lna YTOJE:v4 :~tta11 un u~u:: oUU,J C~i~ tp tna rule and regulations adopted by the Administrator t+~ carry out the purposes and control she administration of the :lot. Tl;e following rules and regulations as sit out in 3ulletin Teo. 2, Tton- 1?ederal Pro jecta revised I.iarch ;~, 1934, entitled "P ~T.:~. ~:aU~R c»TJ:i ae to BI~3, CONT?~1CTORS' BO1~BS :13~D CONTRACT', +i~G'::, ~:'-) La ;OR P 0= YI3ZON3 .'iIdi) GLTwL:?:..i. 1T+a't'::tCTIuTd.i .L~ 1'0 :~li~L;C:I`i'Z~TdS s-i~J LO.1T~:~ :iluJ C;t'-IIdTS•',-shall be incorporated verbatim in all construction contracts for work on the project lin sui;h construction contracts all bl=tnr: sgaoea shall be filled in as provided in said Bulletin): "1. (s) Convict labor.--No convict labor shall be employed on the project, and no ~sterials manufactured or produced by oonviot labor shall be used on the project. ~I I I r-~ J L'7 7~ "( b) ThT irtY-hour rdeek.-~:xoept in executive, administrative, add supervisory positions, eo far as practicable and feasible in the julgment of the Uovernment engineer, no individual directly employed on the projeot shall be permitted to worm more then b hours in any 1 day nor more tnat 30 hours in any 1 week: Provid®d, That this clause shall be construed to permit workinb time lost because of inclement weather or unavoidable delays in any 1 weak to ba made up in the suocea3ing BO days. "l o) YVO work shall ba permittad.on Sundays or legal hblidays eoept in cease of amer,ency. "2. IV~~~es.--l a) 911 employees direotly employed on this work shall be pa~c~just.and reasonable uvages which shall be compen- sation sufficient to provide, for the hours of labor as limited, a standard of living in devetioy an3 comfort. duch wages shall in no event be less than the minimum hourly wage rotas for skill"ad and unskilled labor prescribed by the _,dministrator for the zone or zones ;n i~~hieri the work is to ba done. vie: skilled labor-------------- Tnskilled labor------------ "(b) In tho event that the prevailing hourly rotas presori~od under eoliective agreements or understandings between (~' organized labor and employers in effect on 9pri1 30, 1933, shall be _ above the minimum rates speait3ed above, such agreed. wade rates shall ~.._J apply: Provided, That such agreed wage rates shall be effective for the period of .this contract, but not to exceed 12 months from tha •date of the oontraot. "(c) ^tne,above designated minimum rates_ara not to be used in discriminating against assistants, helpers, apprentices, an3 serving laborers rvho v~ork and serve ariilled journeymen mechanics and who era not to be termed as ''unsi:illed laborers." "(d) The provisions of this oontraot relating to hours and minimum Naga rates for labor direotly employed on the projeot shill for the purposes of this contract, to the extent applicable, supersede the terms of aey node adopted under Title 1 of the act permitting longer hours or lower minimum d~age rates. "(e) 911 employees shall be paid in full not lass often than once each weak and in lswsul money of the United 3tatas, unless otherwise permitted by the Uovernment engineer, in the full amount r~oeured to each individual at the time of closing of the pay roll, which ::hall be at the lat_st late practicable prior to the date of payment, and theca shall be no deductions or rebates on account of good purchased, rant, or other obligations., but such obligations shall be subject to collection only by legal praceas: Provided, however That this olause shall not be construed to prohibit the making of ~' deductions for premiums for compensation and medical gid insurance, i in such amounts as era authori2ed by the laws of to be paid by employes, in those asses in which • aft®r the making of the deductions, the vdage rates will not be lower than the minimum wage rates herein established. "(f) A clearly legiblo statement of all wade rates to be aid the several classes of labor employed on the work, to;ether with a statement of the deductions therefrom for premiums for work- men's compensation and~or medical aid insurance authorized by the laws of , should such deductions be made, shall oe posted in s prominent and easily sooessible place at the site of the wo~•k, and there sh311 be kept a true and accurate record of the hours worked b;,~ and the ws;es, exclusive of all authorized deduc- tions, paid to each employee, and the engineer inspector shall be furnished with a :worn statement thereof on dem.lnd. "( g) The 3oard of Zabor ~evi~w (herein oallc:d the Board"~ shall hear all labor issues arising and r the o eration of this contract and such issues as may result ~xom fua~amental changes in economiv conditions d;~ring the life of.this oontraot. "(h) The minimum wrige rates herein established shall be subject to change by the ddministrator on recommendation of the Board. in the event that, as a result of fundamental changes in economic conditions the bdministrator, acting or, suoh recomme~adation,. from time to time established different minimum rage rates (referred. to in paragraph 2 (a), f6).and (a) hereof) all contracts for work on the project shall be adjusted aacoringly by the parties thereto so that the contract prise to the contractor under any oontraot or to any suboontraotor under ar~y subcontract shall be increased by an amount equal to any s~.ch increased oust, or decreased in an amount equal to suoh decreased cost. "( i) iSr,~;ineers, architects, and other prbfaseional and subproesaional employeaa engaged in duties normally done at the site of the projeot shall receive at least the prevailing rates for the various types of service to be rendered, provided that in no case ah~rll professional employees receive less that th© following weekly oowpensation for 4U hours or less irrespective of the number. of hours employed: ~36.OO.in the northern zone; ~33.UU in the central zone; and X30.00 in the southern zone. t9here the working week is longer than 40 hours, weekly oompensution sh:~11 be increased proportionally. Compensation ender this paragraph shall be subject to the approval of the Government :ngineer. '•'~. (e) Zabor Preferences.--preference shall b~ given, where they ors qualified to ex-service men with dependents, and than in the following order: jl} To citizens of the United States and aliens who have declared their intention of becomin citizens who are bons fide residents of (political subdivision and~or countyf----------------- -------and (2) to citizens of the United States end aliens who have declared their intention of becoming citizens, y~ho are bona fide re- sidente of (Spate, Territory, or district)___________________________; Provided That these preferences shall a 1 0 1~ ,~.h~ 1~ pp y n ,~ ., ere suoh labor ze available and qualified to per~orm the ~~ori: to which the employment relates. ' "(b) Ernplo;~ment sercieesT-^lo the fullest extant possible, labor required for the project and appropriate to be secured through employment services shall be chosen from the lists of qualified workers submitted by local employment agencies designated by the United iitates employment Service: Provided, however, That ur,.iui; labor, skilled and unskilled, shall not be required to register at such local employment a~aneies, but if suoh labor ie desired by the employer, shall be secureri in the customary ways through recognized union locals. in the event, however, that employers who r•.~ish to employ union labor are not furnishEd with qualified union workers by the union lbosls which era authorized to furnish such labor residing ' in the loaahity within 48 hours (Sundays and holidays excluded) after request is filed by the employer, all labor shall be chosen from lists of qu~l~'ied ~:~orkers si~.brnitted by local agencies designated by the United States employment Service. Zn the salsation of v;orkers from lists prepared by such employment a enoies and union locals, the labor preferences provided in section la~ of this paragraph 3 shall be observed, and preference:shall be giuen to those unemployed at the date of registration who', at the date of selection, have no other available employment. ' "(o) Com lianos with 't'itle 1 of the Act.--The following sections 7 (a) (1) and '. e ( 2 of Title 1 of the sot shill be observed: "(1.) That employs shall have the right to organize and bargain collectively through representatives of their own choosing, and shall be free prom the inter- ference, restraint, or coercion of employers of labor, or their agents, in the designation of suoh represen- tatives or in self-organization or in other concerted activities for the purpose of collective bargaining or-other mutual aid or protection; (2) that no employee and no ono seeking employment shall be required as a co-.dition of employment to join any company union or ~o refraim from joining,,organizing or assisting a oboe organization of hla own choosing. t~ I ;~'' ` ''4 I3um3n labor:--The maximum of Human labor sh~11 be used' ~ g in lieu of mavhinary ~~~barsvsr pract-icabie and consist®nt c~ith soand economy and public advantaF;e; and to tl:a ~xtunt that the work may ha accomplished at no greater expepae by human labor than by the use of r5avhinary, and la:nor of requ:sito qualificarions is available, such human labor shall be employed. "5. Compensation inaurarce.--a:very employer of labor shall . provide if permitted b- the laws of ____________________ adequate workmenta vompansatiori ~nyur.:nee for all labor employed by him on the project who may come within the protection of such laws and shall provide, ,~ihere practicable, employers' general liability insurance for the benefit of his employes not protected by such oompensatior~ larva, and proof of such insurance satisfactory to the ~ Government engineer shall be given.here it is not•permitted by law that Such insurance ba provided, some method slti:~f3otur~ to the Administrator must be provided by which the employees may, by _ paying the entire amount of the premiums, derive a similar protec- tion. "6. Persona entitled to benefits of labor ~rovis~or~s. -There shall ba exten ed to every person w o p®r o~rm's e~ w' p- rTc pf a laborer or of a mechanic on the project or on any part thereof the benefits of the labor and wage provisions of this contravt, re- gardless of any contractual relationship between the employer and ~ suoh laborer or meohanio. 't'here shall be no discrimination in the ~ selection of labor on the ground of mice, vreed, or Dolor. k~ ' "7. Y~ith~holdin~ payment.--Under all construction aon- Q , tracts, ____________________may wii:hhoid from the contractor so much ~ of accrued payments as may be necessary to pa;~ to laborers or 'mechanics employed on the worts the differenc® between the rata of • wages required by this oontraot to be paid to laborers or mechanics on the +:uark aid the rate oP wages sotaall, paid to suoh laborers or mechanics. "b. Accident prevention. --Reasonable precautions shall at all times be exervise for the safety of employees on the work and ' applicable provisions of the b'ederal, State, and municipal safety laws and building and construQtion vodes shall be oLserved. All C machinery and equipment and other ahysical hazardr~ shall be guarded"in aovordanca with the safety provisions of the I.:anual of .iocidant Yre- ~ wention in Oonstruotion of the Aasooiated General ':ontraotors of :unerica, unless and to t-he extent that such provisions are incom- patible with r'adaral, State, or municipal-laws or regulations. "9. N. ~. ~. Compliance.--The contractor shall oomply wi$h each approved Dods of fair competition to which he is subject, • and if he is engaged in any trade or industry for which there is no approved code of fair oampetition, then as to suoh trade or industry with an agreement with th® President under Section 4 (a) of the aan~ional-industrel,Reeover~ t (Yre dent' Reem~lo me t reamentj --s1~a~~ have ~~e rig~it, su~~at~t ~o ~~a approval (The borrower) of the Government engineer, to Dancer this oontraot for failure to oomply with this provision and mane open marbet ptirchasas or have th® ltiork called for by this contract otherwise performed at th® expense of the contractor. 50 far as articles, materials or supplies produced in tn® lnited 'States era vonoerned, no articles, materials or s upp ivs shall be accepted or purchased for-the perforr~anoe of the .' work nor shall any suboortracts be entered into for any articles, • materials or supplies, ire ~rhole or in part produced or furnished by any person who shall not have aertifivd that he is complying with and will continue to comply with each code of fair competition which relates to suoh artioles, materials or supplies, and/or in ease there is no approved vole for the ~~hole or any portion thereof then to that extent 4vith an agreement with the President as aforesaid. "10. (a) hnspection of records.--The Administrator, through his authorized agents, shall have-the right to inspect all work as it progresses, and shall Nava aoceas to 811 pay rolls, reaorde of • personnel, invoioas of coatarials, and any and all other data relevant to the perforcn~:nve of tnis contract. '!'here shall be submitted to th® Administrator, through his authorized agents, the names and addresses of'ahl personnel and suoh schedules of the cost of labor, costs and quantities of materials, and other items, supported as to correctness by suoh evidence, as, and in suoh Porm as, the Administrator, through his authorised agents, may require. The submission and approval of said soheuules, if req;.irad, snarl be a condition precedent to the making of any payment under the contravt. "(b). '1"hers shall be provided for thy; use of the ®nfineer inspector such rsasonabla facilities as he may request._n case of dispute the Government engineer sh~~11 determine the reawonableneas of the request. "11. Reports.--Every employer of labor on the project shall report within b days :after the close of each oalendsr month, on forms to be furnished by the united States ilepartment of Zabor, the number of persons on their respective pay rolls directly con- nected with the project, the aggregate amounts of suoh pay rolls, and the man-hours work, wage scales paid to the various classes of labor, and the total espenditurrs for materials. 'rwo copies of each of suoh monthly reports are to be furnishefl to the Government ang~neer, hnd or;e copy of sash to the CTnited States Department of Tabor. The contractor under any construction contract shall also furnish to ------- to the Government engineer and to the L+nited "- {lhe borrower) States ilapartment of 3.abor the names and addr::sses of ell subcon- tractors on the worx at the earliest data practicable. "1~. There shall bs provided all necessary services snd~all materials, tools, im laments and a liancc;s re aired PP q to perform and complete entirely an in a ~a~orkmanli.ce manner the worr..provided for ' in this contract. Ingo®pt as otherwise approved in writing by the Government engineer; suoh services shall be paid for in full at least , once a month and such materials, tools, implements, and a~pplian~es shall be paid for st least or,oe a month to the e4tent of !u percent of the cost thereo2 to the contractor, and the remaining 10 percent shall be paid 3G days after the completion of the part of 'the ti^abri~ in or on which such materials, tools, implements, or appliances are incorporated or need. "1~. signs.--signs bearing the legend Public (Voris i'roject '. No.---=---shall b:: erected in appropriate places at the site of the project. "14.A11 reasonable rubs and regulations which the Public Ctiorks Administration nay prescribe toward the. effeetuatioa of the matters covered by paragraphs 1 to 13, inclusive, shall b® observed in the performance of the work. "lb.9ubcontraotors.--(s) Appropriat® provisions shall b® ~ inserted in all su contracts relating to this wort, to insure, the fulfilimcant of all provisions of this contract affecting such sub- oontractors, particularly paragraphs 1 to 14, inclusive. "1 b) 20 bid shall be received from any subcontractor who bas not signed U. S. Goverrunent Form i~o. r. 'r. 1;. of revised (warch 1934) . "lEi.i~ermination for breach.--ln the event that any of the provisions of paragraphs 1 to 15, inclusive, of this contract are violated by the contr:~ctor under the construction contract .or by any subcontractor under any snbcontraat on the work -------------- ----- (The; borrower] may, sub]eat to tree approval. of the Government en(ineer, and upon request of the ::dwinistrator, shell terminate the•eontraet b;,• serving written notice upon tale contractor of its i:;tntion to terminate such contract, and, unless :-:iti:,in 10 days alter tine serving of such notice such violation shall cease, .he contract shall, upon the ex- piration of said 1G days, cstrse and terminate. 1n the: event of any such termination---=--------------may take over the work and prosecute ( The borrower) the sa:;,~ to completion or otherwise for the.aocount and at the expense of the contractor and~or suci~ subcontractor, and the contractor and his sureties shall be_ liable to ------------------------for ar~y excess ( The borrower) , cost oceasionsd----------------------in the event of any such termi- (The borrower) nation, and-------------------------may tai:e possession of and ( 1'Ias borrower) . utilize in cornpleir.g the work, such materials, appliances, and plant as may be? on the: ~•ite of the work, acid necessary therefor. `This clause shall not be construed to prev®nt the termination for other causes provided in the construction contract. "17 .)afinitiona.--The term "&ct" as used herein refers to the National Industrial '~QCOVSry Act. Tha.term "Governtn®nt engineer" as used herein shall m®an trie 3tr.ta snbineer (P.'r~.3. ) or hie dal;. authorized repreaentativa~ or any i,erson designated to psrfor;.~ his duties or functions under this a re~:ment by the hdministrator. The term "~:nginaer inspector" as used herein refers to State engineer inspector:;, resident and assistant resident engin~ar inspectors, and ~upr.rvl5lu~ ~u;;iuuars, ~puointiec u;~ the .~uc:~inlstrator, me term mat®ri~Tl::' as us:.d herein inclu~~as, in addition to m3tmrial;; in- aorporated in trier pro jeot used or to be use:u in the opra ~i.on !thereof 3 uipmant and other materials used and%or consumed in they perlormaneas of tna v~ork.' ~. Restriction as to Contr3c:tors. 1'he Borrawar shall receive no bid from any oontrao or-nor permit any contractor to receive any bid =rom any subcontracto~~•, who has not signed U. d. Govsrnment Form No. '. i9. A. 61, revised P~iaroh, 1934. 3. ~3onda and Insurance. Construction oontraots shall ba sapported by a3-equate surety or other bonds or saourity satisfactory to the ddcninistrator for trio protection of the Borrower, or materiel-. men,and of labor ewpltiyed or. the Project or ariy part thereof. The contr~TCtor under any construction contract shall, u® required to provide public liability insurance in an amount satisfactory to the ddministrator. I I 4. force account. dll corstruction work on the Project shall - be done unCer contract, provided, hozvaver, that if pric3s in the bids era excessive, the Borrower reserves the ri~,ht, anything in this Agrearaent to contrary notwithstanding, to apply to the Administrator for permission to do all or any part of the Project on a force account basis. 1~~".iT 'i'i3~~ -I 1. Construction of Projaot. idol later than upon the receipt c.S~ by it of th:: first acrid payment, the Borrower will commence or cause -~~ to ba.commaneed the construction of the Projavt,and the Borrower will '~ tharcafter continua such oonstruotion or cause it to b® continued to ~ .completion with all practicable dispatch, in an efficient and oconomieal marmar~ at a reasonable cost and in accordance with the previsions of this greament, plans, dra;vings, spevifioations and construction oontraots which shall bm satisfactory to the :administrator, and-under suoh anginear.ing ;3upervision and inspection as the :~dminis- trator may require. h:Ycept With the written consent of the Adminis- trator, no ;:catari,3ls or equipment fdr the Projaot shall ba purchased by the dorrowar.subject to any chattel mortgage, or ar.y conditional sale or title retmntion agreement. -~ Z. Information. iluring the oonstruotion of the Projaot the Borro~var will urn s o-thy Government all suoh information and data 8s the Administrator may request as to the oonstruotion, cost and progress of the work. Tha Borrower will .furnish to the Government and to any purchaser from the ~sovarnmant of 2& per centum of the 3onds, suoh financial stat~amants and other information and data relating to the Borrower as the Administrator or any suoh purchaser may at any time reasonably•raquire. i. Raprasentations and 'YVarranties. Tha Borrower represents and warrants as follows:. (a) Litigation. 'rdo litigation or other proceedings are now pa rd2Tig~-~tiTaatandad which might adversely affect-the bonds, the security therefor, the construction of the. Projaot, or the financial condition of the Borro~.yar; (~) r'inancial Condition. the character of the as5asts and the financial condition of trio :~orrower are as favorable as at the date of the Borrower's moat ravant financial statement, furnished to the Government ay a part of the ' ~: Application, and there have bean no changes in the - aharaater of such assets or in suoh financial condition • except suoh ahangee as .ern necessary and incidental to the ordinary and usual conduct of the Borrower's affairs; (c) rags and Commissions. It has not and does not intend to pay any bonus, W>• or commission in order to secure _ the loan or grant hereunder; ld) affirmation. wary statement contained in this Agrae- mantin placation, and in any supplement ttiarato or amendment thereof, and in any other document submitted to the Government is oarract and complete, and no relevant fact materially affecting the 3onds, the saourity thareior, the Grant or the Projaot, or the obligations of the Borrower under this agreement has been omitted therefrom. 4. Sala of Bonds ~ the Government. 'iha Borrower will take all such steps as tfia o~va`rnman~msy reasons ly request to aid in the sale by the Government of any or all of the Bonds. Upon request, the Borrower will furnish to"th® Gove;nment or to any purchaser or or purchasers from the Government of .'35 er cantum of the Benda, information for the prsi;aration oY a bond oiroular ic: oustomary form, signal by the proper offioial of the Borrower, oontainir~g such data as the Government or suoh purchaser or purchasers msy reasonably request concerning the Borrov~~ur. 5. isx~ana3s. The Govarnmant shall ba under no obligation to pay any oosts~ charges or expanses incident to oompliance vrith any of the duties or obligations of the Borrower under this agreement inclining, without limiting the generllity of the ~oragoinp;, the post of preparing, executing and delivering the Bonds, and any legal, Gnginearing vnd accounting costa, oharges or axpenaes ir,ourred by the Borrower. ti. 4laivar. any revision of this ~graamcnt ma be waived or amend~ad wits ~ conaen~ of the iorrower snd the writ~an approval of the administrator, without the execution of a new or supplaman.tal agreement. 7. Intare~t of I,iambar of Con~ras_a_. r7o .umber of or Jelegata to the ~ongreas o the Uni~ad-b'tat'as o~ i~nirica shall be admitted to any share or part of this agraem•.nt, or to any benefit to arise there- upon. 8. Validation. Tha Borrocvsr h~raby covenants that it will institute, prosecute and carry to completion in so far as it may be within the power of the $orrowar, any and 311 sots snd things to be per~ormWd or done to secure the enactment of legislation or to accomplish such other proceedings, judicial or otharwiae, as may ba necessary, appropriate or advisable to a;npowar t~ia Borrower to issue the Bonds and to ramsdy any defects, illegalities and irregularities in the proceedings of the Borrower relative to the issuance of the Bonds and to validate the same after the issuance theraoi to the Government, if in the judgment of the administrator such action may be deemed necessary, appropriate or advisable. The Borrower further covenants that it will procure -snd furnish to the Govarnmant, as a eorldition precedent to the Government's obligations hereunder a letter from the Governor of th~:~ State stating that if in the. jud~;;~cr_t of the a~ministratbr it may b• advisable to enact legislation to empower the Borrower to issue the Bonds or to ramsdy any defects, illegalities or irregularities in the proceedings of the iorrower relative to the i ssuance thereof or to validate the same, said Governor will re- oommend and cooperate in the enactment of such legislation. 9. ~iiscallaneous. This Agreement shall be binding upon the parties hereto when a copy thereof, duly executed by the Borrower and the Govarnmant shall have bean received by the Borrower. This ~ overned by and bs construed in accordance with ~h~'~i y~ '~~ie~ awet e s . o 10. Naming of Pro 'sot. The Pro,jeat shall never be named i except with the written. oor,sen of the administrator. 11. Undue Delay ~ the Borrower. if in the opinion of the administrator, ~rhioh she l be Qonoluaiva, the Borrower shall l~e~lsy for do unreasonable time ir, carrying out any of the duties or obli- gations to be performed by it under thy: terms of this Agreement, the bdministrator may cancel this agraamant. 12. Conatrution of i-~;reament. If any provision of this a rsemant S8hall oe invalid i wh~le r i~ art to the extant ~t is n~t invaliri it shall be valid at.~ af~activ and no .such invali~ity shall affect, in whole or in part, the validity and effeetivenass of any other provision of this agraamant or thy. rights or obliga- tions of the parties hereto, provided, in the opinion of the hd- ministrator, the agraamant does not than violate the terms of the Aot. - .I '~ In tiYi tna se 4Yha ra of, the iIJCOnP01':~iTuD TUi'id 0?~ '~'lI:JT ?ZB1aPfiI S _.I) `i'r~~': ~'.[dii':J ,~'1.1T::~ OF"Ah.E3ICd H~i'~'; _J respectively caused-'this ngraemant,to be duly executed as of the day and year first above: .written. 111CO~.i'Ut ~.`i'.;J i0~'!IJ Or l~(BS'.i t,"~u+'~P?~I;i By iY. H. $undhausan L:ayor e,M' J. C. Johnson 5a81: ~ttt.9t: J. 0. Spotts Reoordar • L ~ .._. _ C. E. Brown rP:;moers of Sewer Committee UNIT:~J 3T.t1TR:i Ole AP.Tr:RICA 3Y adara ~Tmargaro;; .i ministrator of Public `~YOrks~ i -~~ On roll call, the following members of the Council voted in favor of the motion: P.tayor ,Y. Fi. Hundhausen Reoordar J. 0. cigotts =w ~~.:. +~~r- ~y~ ~- # .: i ~~, ~`~~ ,~„~ alderman L. r:. Jacks `~ dldarman Noah Phillips p ~ ~-ldsrman iY. G. Parker ~~ ~ildarman L. i'. 3ernhard rildarmar C. H. Brotivn Tha t~tayor than daclar®d the motion un~nimolisly adopted. alderman tiY. G. Parker offered th• following resolution, :vhich was re9d in lull b; zha Town Reoordar, and on motion duly made and seconded that it bti adopted, all members of the Counoil voted in the affirmative; ~~ rZ'^.;i0 yU T l ON B~ lT i3:i::iu1.V'J by the Town Council of the Towr. of '~Yast ilemphis, Arkansas, that the firm of Roee, Eamingway, Cantrell & Loughborough be and era hereby employed to act as advisory oounsel in connsetion with the proceedings authori2ing th® eonstruotion of a sewer syst©m for the Town of ;Fast Pdam-phis and the issuanoe of bonds with which to raise funds to pay for thv same, and also as oaunsel to give an opinion to the purchaser approving said bonds, for a faa of X562.50, to ba paid only out of the prooeads of said bonds. Thera is appropriated out of the first monies eoc:,ing into the hands of the Town Treasurer from the proceeds of said bonds a sum sufficient to pay said faa of X562.40, and the said Treasurer is hereby akthori2ed and directed to pay said fee to said attorr.ays. PdSSY:J: aaptambar 4 1934 ssTT~JT: J. U. Spotts Town Recorder '~. Upon motion by ~Y. G. Parker that the Mayor appoint a committee to in- vestigata the taking over the proposition of purchasing the 3ast :..emphis i'owor d: ;~atar Co. under prodisions contained in ordinance ~6 and 9 granted the franchise to said company, the Llayor thereby appointed L.P. Barhhard, ~. H. Browr. and J. 0. t;potts to make such investigations and report to the 'Jounoil at their next meeting tl:m results of their findings. There being no Lurth~r business, tl.e meeting adjo~.rnad to mast main at the lama hour and place on Tuesday the 1F~th of aptambar 1bS4. owr. eaor er ayor yc ~l'YRO'JL-: ti~m. H. Hundhausan Pdayor Il57NUTES Pursuant to the la st adjourn ffint, the Town Council of the incorporated Town of West _ t°'emphis, tarkansas met in the director's room of the Bank of -,r'est T~emphis Building at ei;;ht o'clock P. bI. on Tuesday, the 18th day of September, 1934, with hhe following present: W H Iiundhausen; J 0 Spotts, TQoah Phillips and L r Bernhard. There being no buainess, and nothing in regard th the devei~ppment of the Sewer Project having materilized, the meeting was adjourned, on motion by Noah Phillips. ud. H. Hundhausen, I,Sayor. Attest, J 0 Spotts, Recorder. TrIhJTES On Tuesday, the 2nd, day of October, 1934, and the same being the date of the rggular establishdd meeting of the Town Council; said Town Council met in the I)irector~s Room of the Bank of ~+est Memphis at eight o'cloci: P. I:I. with the following members present: , W H Hundhaussn, J. 0. Spotts., TJoah Phillips C H Brown and VJ G Parker. City ~torney having advised that the State P4YA requested the Sewer Committee to furnish said State PWA with five copies of a Contract with the said Sewer Committee sad the _ City of West PWemphis had with an Engineer, the T~;atte.r was deferred until such time as the Sewer Committee could negotiate an agreement with an engineer. There being no further business to come up, upon prover motion, the meeting was adjourned to meet again at the same date and place on Tuesday the 9th-day of October, 1934. W. H. Hurldhausen, °T,;eyor. fittest;. J 0 Spotts, Recorder. P+i1T:DT~S J Pursuant to the last adjournment, the Town Council of the Incorporated Town of West I~~mphis, 3rkansas met in the private office of the Johnson=auto Co. in Ylest Iemph'1s . at eight o'clock P. T~.. on Tuesday the 9th day of October, 1934. Upon call of the `~I roll, the following we present: 1Y f? Hundhausen, I+;ayor, J 0 Spotts, Re carder, D?ooh ~ Phillips, C H Brown, and W G Parker. ~...J IIpon being advise that the Sewer Committee had-not corrpltted the eo ntracts with the engineer, the meeting was adjourned, with proper motion and second, to meet again at the same hour and place on Thursday, the 11th day of October, 1934. T~;IINT:S . Pursuant to the last adjournment, the Too7n Council of the Incorporated mown of rJest ~'iemphis, t~rkansas met in the Office of the Johnson uto Company, in lest tilemphis, rkansas, at eight o' cloth P, I:Q. The meeting was called - o cyder by the I~iayor, and upon call of the roll:;. the following were found to be present: W. E. Hundhausen, 7. 0. Spotts, Noah Phillips, C. H. Brown, Y+'. G. P~Tkex and L. P. Bernhard. ~e minutes of the last u~eting ware read and approved. klderman W. G. Parker fered the following resolution, which was read by the Recorder. nlderrc~n L. P. Bernhar~~moved its adoption, which motion was then seconded by bl- dermen, Noah Phillips. RESOLIITION Be it resolved by the Town Council of the Incorporated Town of Yeest I•emphis ,nrkansas Section one: That the following contract for engineering services made by the Sewer Committee on behalf of the Incorporated Town Of '!lest i'~Iemphis, Arkansas, be and the , same is hereb y approved, ratified and adopted, aril in token thereof, that the IF3ayor sign the same, and that his signature be attested by the recorder. CONTiinCT OF EI:~1'LOYI,7"'?VT This ~GR..E~1QT, made and entered into this 11th day of October, 1934, by and between the 'lU1i1N OF 47EST MEI:1'HIS, CRITTE1~.lEN COUNTY, Alt&iiIS~S, hereinafter called the CITY, acting by and through its Sewer Committee, J.C.7ohnson, iFl.B.Bell and C.H. Brown, Party of the First Part, and Thos. H. Alen, a Consulting Engineer of Memphis, Tenn.., Party of the Second Part, hereinafter called the EPIGIl~ER. Y`lITNESSETIi: That the Parties hereto in consideration of the mutual cosenants he _e in con- tamed agree as follows:- ?lie Engineer will make a1I surveys and obtain all necessary data for, and prepare working plans and specifications for the construction of a sanitary sewer system for the City. The wo rk shall be done in conformity with the rules and regula- tions of the Federal Emergency Administration of Public rlorks, hereinafter called the Public ti'iorks Administration and the Arkansas State Board of Health. • The Engineer will furnish the necessary data. to the City for advertising Por the work to be done and will provide contractors with the necessary plans, speci- fications and bid blanks for bidding on the work. ~~- The Engineer will attend the opening of bids and will tabulate all bids and submit them to the State Engineer (PGA) for his recommendations. The Engineer with the assistance of the City Attorney will then prepare the construction contract or _ contracts, and when contracts have been sued and approved by the State Engineer (PVGA) and when the work is ordered under construction by the State Engineer (P~7A), the Engineer will direct and will provide such assistants as are necessary to supervise the construction oP the work so contracted and see that it is installed in accordance with .the plans and specifications and in accordance with the rules and re gulations oY the Fublic ~lorlts Administration. The Engineer will make such surveys as are ne cessary to locate rights-oY-way ~ over private property where necessary, but the City shall do all negotiating and obtain ~ -the rights-of-way without cost to the Engineer. R~ The City shall pay for all advertisements and for all printing oY bonds, ~ specifications, etc. except blue prints. For all of the above mentioned work the City shall pay to the Engineer a • total Pee of Seven and one=half (7-1/2) per cent of the total cost of construction of the completed sewer system. FJhen funds have been provided the City by the• Public 'r7orks Administration, the City shall make payments to the Engineer as follorvs:- Two Thousand Dollars (:2000) on completion of the working plans and specifi- cations approved by the Public +~orks Administration. ~J Five hundred Dollars 0500) when contracts have been let for the construction of the sewer system. The balance of the Yee, less a retainage of X500, shall be paid monthly in proportion to the «orl: done by the contractors as evidenced by 'she monthly estimates to the contractors. The final amount of X500 retained to be due and gayable when the work pis completed and accepted by the Public ~'~orks Administration, the whole Yee paid to equal seven and one-half (7-1/2) per cunt of the cost of construction. The Engineer shall pay to h;. C.Bauman, City Engineer for the Tovm of '1Jest Memphis, 26.66; of the Pee paid to Thos. H. Alen by the Tovmn of ~7est Memphis, in full ccmmpensation to P.i.C.Bauman for preliminary surveys and p~eparatian of preliminary plans snd data, payable as payments are made to Thos.H.Al.len, bt~t in no event shall the net Yee retained by Thos. H. A11en after payments are lade to ,,"~..C.Bauman be less than 5-1/2~ of the cost of construction. All field books, data, plans, specifications. profiles, notes, calculations and designs prepared by M.C.Bauman shall be delivered to Thos. H. Allen, within 7 days after the signing of this contract. "~ ~ U I This contract is subject to review and approval by the State Engineer (P:'TA) and the Public Glorks Administration, 7ashington, D. C., and shall be null and void if disapproved by tha Public 7torks ~:dministration. It is further agreed that full ' • engineering authority shall be vested in Thos.H.Allen b y this contract, relieving P.4.C.Bauman of all interest and responsibility in the work. ~ IN ';JITi~i.SS T?~~~ ~GF, the CITY, by its Sewer Committee, Mayor, and Recorder, E, i ,__ ~ dnly authorized, has caused this agreement to be executed, the Engineer and &i. C. Bauman, City Engineer, have hereunto sat their hands this 11th day of October, 1934. ' TO'A!N OF 'FJEST ME&~HIS, A:,I=1d~~S J. G . 7ohn~n Attest: T.C.S otts C.H.Brown ;'. F corder ~1.B.Bel1 ' Riembers of Sewer Commmittee Approved: VGm. H. Hunahausen >'ayor. A.B.Shafer Thos. H.Allen ~i y, orney. ~' I`~.C.Baumann, City Engr. On roll call the follov~in; members of the Council voted in favor of the motion: 14u1~'0:~ '+'~m. H, f~undhause n RE COSIDEI? J. 0. Sp of is , 67.Di;FdIQEN C.H.Brot~ln " ~i1.G.Parlrer L.P.iserrhardt '~ I3oah Phillirs Trre 3'fayor ttren declared the motion unanimously adopted. _ 'kiere being no furlther business, the meeting adjourned to meet again at the ~ same hour and place on Zlresday,-the 23rd day of October, 1934. ~ lute st: J.O.Spotts Recorder Vim. H, Hundhausen Ia'iayor. 1.11 ~..a't ~:) l~l't ~tT1",'i J ONt ,,~..~i}.Tl,d^ L:~ 11~'. tit ~~ 'H~ i'U 2: 30' 7' I It 0~ Pfi~" tl '0': 0_..'~ '. ~ t ~ ,' I' 0_, .~:~i TT erg ?:...i ;o ., , .i, :i 1' .._ , +-SI,3 %ta 1,"J7F~:_n~R 6, i~J4. 'hG lovan council of the lnoorporatad ~b~'n of 'i~GSt d~.amphis »; u,Gt in rG~;ular sas,ion at 6:00 p, m, or, the dth .i:y of L:ovGmber, 19;4, ;;% at the Dana of .~GSt l:lemphis Huildin~, its asual mGating pl<cG. 'i'hG mor~ting was ca11Qd to odor o;~ the l::ayor. Upon roll 011, the follov~- ing ans'~°,~arGd prGS~i,t, ~ ,.-~-3 Mayor ~iiliam r. hundhauscn, ~~ naoor3Gr J. 0. apotts, d1lGrmcr l;o.t~_'i;iillrs, ~.. P. 3arnard, 0. 3rovvn, a1~1 the follo~~ing .u, u. P+r: Gr :and i. i~. Jac~:s, bain5 absar:t. hG minutes. of ti.a 1.~;,t ms;;ting ~°aerc raa3 :lid appr~ve3. :ildGr:llan L. :~. Bernhard introduced an ordinance GntitlVl, "sir; lydinancG providing for t1~G Construction of a ~G4;ar dystaiv for the Inc oruor.tGd 'I"ov~c; of Nast ~~~Gtnphis, arL.ns:;; tha issaanoo of Jv'v~dGr CG~i~nUG ~An1S; flSl n~ Tate ~.•fOr tYii a+irti lCG t~ t1G furri. :;iiad Uy su.cr~ :ystain; aria prescribino the ~uti~: of the To~an 0~fio~rs in ' corincotior tr.GrG~,itli", tv bG nulnoara3 'c; which ::as rG::d iri foil by tliG ~tCOr(lGr• ~'UrttiGr COriSldGratlOn Ol~rif Ur.11n~r7C6- w.r:~ rU:;ti)OnG.~ ul~til tLG meeting of tha .:ouncil to bG r.:ld ol: thG'U~t. day of L.oveu,bGl , 1~a4, at b:OiJ p.m. `i'hG follovring raso:iution •a~~as unaniclously d opted by the Oouncil: 3is iT i~:>iiy'~~~ by the 1'ov;n Council of tha Incorporated os;n of ,rG;t 14{GllJpt]1S, :irl~anS.iS, triiit tt~G i.r"yor iS 1'iarvby d1r~2Qtc:l t0 ~libii'.S'11 fOr Ono 1nSGrtlOG :Cn the .`.rlttandGn .t.Jl7nt~' 1'imd~, 6:'Ii1Cly iS 1']Gr8gj7 fJ :nil .nd dGOl.rGd to n:: a nG~ispapGr ~ublisl,ad urd in gel.k:r.l circulation in tnG o~vn of .iG;t L-4m~lYilu', a notice ir: sLLb~i_.ntially the follo,ti"ir,g form: 'i~UTIJi "1VOtiQG 1 Y;GrGDy a1Vri tt"iat l1:GTc hau baen i..^,tTOd;:~QGiT 1C1 the Town Of .rest L.Gmph1S, .iri:~nS.~E, .an Or:iinanUG li{lri~ thJ 1o110~v- rat s for service b,~;.thG east i.Gmpi:is :;a:..:r ,,,,:;tem JrJ~rC.i to ua construe ~a.1 by s~:id orl~r.sl;eG: ~ldss.Fioation :ate ".. ~Ga'aGC104', mi~l:La::;................•• •'!.. i,ar 1;iiiG~1, n d :S 1.1 G n 0 us , .:.J r 0 0Ir1 S ........ , J:- ' i.i'J ~t •' I~ ...._ 5 _ .~_ . Ala':.a..i of Ci: W,, ,ii.u._1ui t1:1. •••.••..••....• 1•~7 per ~1iJ'.trr VJ ~'lac,a~ of bush:',:~s, stu::~., 3~::. h - 1 , t i, t :,. rr .r C l_1 ,-~ ~~ d' .,vino no puo~ ~ o la s......... ...tip Pietas of bu:inass having public toilets (aasolina ::t~;tiJn6, StQ. :7•.~,:~ " " Fiotal;:, rooming houses, tourist camps, etc. ~.;cr sleeping room.... .30 " " .:'laces of bu51nQ::3 haVin~ 2 tJil'atS. C•UU °r n ~'aCtOrlaS, lnd;lstrlwi,~'., atv......... • 3. DU n n rlus 1Oy' par average daily number of tmployces. "any parsori inttrtstad may appear before the said Totivn Oounoil upon tht 20th lay of I:ovembar, 1534, at tI: uU p.m. , at itU usual mQatinr; place at 3anx of :Jost I:Itmphis and ba heard conetrning the propostd ratas..~3t such ht~riYig all objections and suggestions will bt heard and said or9inanct e:>tablishing said rates, eithtr as originally introduvad or as mddificd and amended at sail maatirg mall ba pasaa3 ant put into effect. (3ignc3 ) ~iYyor o the ncorpora ed ~ i'o~.vn of :rest I~tmpris, i~rl,.nsas." P.i3~rIJ %oyambar ci 1y34. rim i'_iU'i .:+: U ; "~~` A'1 "1'~~'i 'oven ~tcordcr Mayor :~ moti :n .vaa then introduvad 'by 'U. Ii. ~3rown and secarrlad by J. 0. ~Nutts that trt Tnvorporattd roan of 'rJcst I;Itmphis offer tr.t :~ureitia r'ire fiosG Manufacturing Uompny by way of compromise and stttlemant of vlaim against slid to,vn the sum of ~5U0.00 in full and s=~sisfactory settlement. :i motion was unamimously adopted. 'Phera being no further basiness, tht Oouneil adjourned to meat on the 20th day of hovambar, 1'34, at f3;uu p.m, at -the 3ana of :Jtst I,.cmphis wilding, its usual matting plats. __ ___ 3acordar. ~.liti"JTa 0~+ ;:I1`~"'~:a 0:' ~JJt^:_ ~}* , .•~,•-„r-,r ;, 1 T~u'~ L~ 1'Yl J.`. idl' .l ~l E:y TU,`r'I+ .^,rt7lii~.'.Ii~ Oi!' T'~i:; II's'UORPOI~:1'PaJ TO'ci`12 0~' :i_~3T Iutrl.:i'~I~, :~F.I:::3_l~, Ii,:;I.~ OI; TiQr,'L:3i;ii 2Uth, 1534. Tht sown :ouncil of tht Invorporatad Town of ;~~cst I~icmphis mat at t:: vu p.m. on the 2Uth day of dovcmbar, 1534, at the Bann of :Dist F~irmlihis i3ailuing, its usual mctin~ pla.,~, pur:.uant to sd jonrnrnant from tn~: wGC tiro of IJOVambar o, 1534, ,end ~;as veiled to orier by aria I.~Iayor. Jpon roll call, tr:a follo~:ing .rlSwarGd peasant, I:iayor ~riiliam I?. Eundhau~en, 1ti:ordar J. U. 3potts, .~ldtrman ioar. ~hillius, L. i'. 3ernrlard «;n:i ~. I'. 3r~v;n tri6 fO1104Ying being ZUSint •c• 'a• i'aTiiar aGd I:• tom. JaCi:3. r Phe minutes of ~~ha l.st mt~tiing ~vera read and approved. 'Phis 'oair~g tilt time ani plact set for the hearir.~; of objections tc Ord inanoc T]o. 20, entitled ".in Ordinan..a providing 1'or file construction of .+ sc,~3r aystcm for the 1`ncaporatad Tovan of r;wst Ictm~;YliS, .~rY:tYiSci,;; the 1SS;lanl:v of Set$er rtVGnuG bOYid:-:; fltiln~ r.tds ~vr ti,a 3dr'l1Ce "LO 0•i '~rC;::iiGd b;,' Si.Ci: .`-.;jittL'1; an3 ~:T48CTlb- ~1 _ ,..~ 1..~~ .._ ,~ ,.. .. _ ...G .)1 _.. ,i. 1C. i.. _:]u., w~ :C, L ar:,.~i ~_. ' r 1C.trUd:::i;ai .u ttla lltG'a11ri~ Of t.:G ',~`iO;I.nCll OL l~OVicmb+T C~, 1'34, "and to the r.tas thr~rain sat out, notica of which ha:,rirg ryas lui;~ iJaulish~d for tiJF Lima _nd in tha m,nnar raquilad by la~~~, «nd no one «~pcrin~ to ob,;cet to said ordir.an~z or r«tas, tha Council proca~dcl to 1 corsidcr«tion of s:id orlinanaa. It ~~~;.;s r~.:I in f:zll uy tha 3aoordcr. zldGrmi;n .. ?'. ' arnh«r1 movad thin tha TiAl rG:(ilil'iG~ «11 Ordinlr:CFS to be fully grid dstinotly rc.~d on thraa diffarant da;,-s ba saspen~E3 «r11 that tnc 'vOUrJCI1 ,~TOCQBd tO aduut S11i Or'.1-naGCu, 'da"li;L lII0t1Gn w«S SaL'Ur1dGd D,j -ildr4r:;iuctC T J.dt: _'t:l.Lllt~ ~ilti i,taJn .. ., 4n:tnlCiut:51'i c«rri.3. _,1:1~.rllt.r L. ~. ~~-rnr:i,2,d ttJ'rvi ~ u , . --- r~iJr y I_t.~ v °o. Gu, a Litlod ".in 3r.t1L.t:_c ..~r.:.11ii-.u _,._ L,._ .:Jt:_ ~ri..v i1Jti 51 5~:.~2 -Ld:;! iUl ti':6 ~riC0rJ0r,3teil ivoirJ U~ c:.t a"dm,t_1° G ,,...5, ~i:i .,5.;:..ni:e O adi.~r T~Vc.n1~:~ bJtJ~:-' f.: dl ri «tas +~ -. ~ for tr.c .r;i~:a t0 OG I:_rt:l::;f.rsi~ oy uCh Sy::talL; .r.i j]rv:U~1D"Itib tra ~ itli~ Of tt7a t0~'.Yl Oll'l.,kr5 ltJ COnnGCtlOn 1tarG4rith", '..,1Ct. mJtiJn ~J.z veCUn•i6~~ b;~ T~o.+n PtJilli;~s on roll c.ll, ti;a sollo.,=rig, bs-lno .. 11 tr. m~rubur5 Of l,tla l'U:.i 7J ,.'i .l. err UeiGt VU.t t:~ In fi:': Or ;Ji i, t; a: +3 .,~t]On Oi~ si<id 0rd1r1rt7Ue; L=«yor ?unih;;;;ticn, ~~cur.Ier ,ipotts, il.isrmcn PY.i.ilius, B,~rnhr; ar.d ~. H. Brown. ~ 1r.a t."«yur dFCllr.td tha motion adoptad. ~13crWtrn .L. 1'. B:rnh«rd moved tt,«t Sactior. 21 bair~a the ~;acr;_*ar!c;,~ clru~a iC, e«:id ~r;iin«r;ec 'o. fit; ba adoptai, _r.I tt;c motion ~r~e ~ . accondcl b~, 31dGr'.t;,.~r, I'J.~iJ i'hilli~~s. un roll v,:ll ill members of ttlY ii0iiriCll yJrv;;i;Lt V ?+~=~'~"ia ._"' Uf 1Ya ;0tiO1, «ri~ itl~o I:ity'OP dwGlrr'a:d it .±SUJtRti. '11ti U• a i , '"'^V Il ~I~.T~~ ''.~i J~V +.~1~J1.~'i OI t,~ Y J ...\ .J .P•' ~n '..J '"~1.. .'~ry a`J ~.-iii} Q.~. U" .~:J n. 1 i'I:Ij. i~ ..I .J J; il:^ t.~J ~ i}: ~ ~li~ J ~ 7 l~a F1~ ~4Ot ~ , ~'I Ir ~'z ~ ~.il.~.:u +'i,~ al U~ ~1~?~ r0 3 'Wi't: IaI-~~ '~° .~L~ ^'.' s i.. i~) t .:v_i ~i~.'.t a~... Jt?:l._,:7 v1 it'. :~ •i~.._ ~t''C l.i ~..:J+1.. ' :.~i.i~.~ili~1 ~i:l'.:iill~i. ~r!.t11..aJ tlia InCOrjJJr.sta~ i''OPJn Ul 'G t "`aL"1aOt;1S iii:;; nU :6tV@r -:;~y"Stem ~rJ1 ZIYi JuIJ11C 1GtcZ'~c.,t G1 nGCt ity reC::al'c ttJiit .t ;,~'„,ir S;y'SteCli. G6 UUnJtTUCt6d for tt.G s.il tUt'+ti (hc^Til:-.f't6r v«11¢d tt_e ~'_U'.''1r,~'), .irJ:i tt_oit Cart«.i Y,' ra«1 ~ropsrty r:t~_Cit.i~iL~.r .t~:,UriJG:I b@ :tUCulTc~d for ~uoh pur~osa, and ~I~~.-. ,;., tt,a To~r~,r. Council oz S.~1 Town has c.usad to ba tltaa: b-' ti dui;; ci~.lifi,: anginc~:r N1«ric; «n3 ~;~.uilic«tiJr:s for suuii ~ + S~'i.or y3t~s4':, wit a:;tliltlaliii Uf tllir Co`~t of ";, i7 's Qorstru~li Un :Jf tti+i s..mc :nd of ~l;c rc.~l proi>art,y n.~~=;_:ry to vc ~~urcr.tl:;a,; .~r: c-tit.;:tc , + ,,st<<n, art n ~ r;.. ., of t.e _~ ir_u~~; of ~ :, ..:~' ~l~ of rl:iuh , r.•;a u`~.r, ~;a~•~tJful•~ ;ai.;, fllv:u ,1~,. tt~~ To..., ~c~ulicr, .:t.,d _._..~;; trwi.t. pl ;: iJlovidc 'o~• tha ~crsirau, url of « u.: :.r:r ~ ..,c::i , .+..d «N~ rtu~ r_o~~ ir;~l..vr.i_1 .i:urct.~ lcs`•~:_.,t.o~; ~ -' F: i,l .. , .rJ3 ~~a •i~l~ tiutJs, .ir.lt rj rardu~ t,..da fo a t~;;;ra 18 ~.;:i.~61 ~~. ~.ir; ~i"t~; tid Wlso fur itia iJUr;ttJW c of tha iollo;ing aascrlo<.,; rc,::l proi,Er•~~ orJ ~uiiittr ~~rt of s.ui i sy s tee: e°aill ur si ta: ,cd: - Lots 1~, lu, 17 and lt; in uloc;i: 111 of 'sao. T. ,:cndall snbdirision to Irooruor.:tad Tov,~r of :~c.;t Memphis„ .iri_r;s~s. «nd rl:I;.:;:, ttrc lo:':n ;;okr.uil h«s ~,<mit:c~i n3 ryiJro•;ad s«id pl.t 5 :nd cs,tirJtcs at.d finds lnd declares teat it is .icr tl:a ~c:.t ir;tarest Of tti~ 'I'UUJtl tt"i,it S~:ld S;y'Sttltl Us 1GI":,tl'liCtad, and tt;at ;.:i1 real property bf r:iirah~;se1, :nd 4 i'.t:..~„ :;ail Tout is +l~naut iunls cvitt- ~aY:i~h ~o carr;~ out «id pi r,s, uut from ~i,e proc~=:3s o= 1r;W :JUrJJ.r:m_cir:ftcr or:~ale,i to oc 1::5uG1 (ti~_~~n.:,f'tcr e;<llad trJa ''donds"), G~,tt;orizc3 by .'pct 13~' of tic ..u1s of tr~~ rWgul..r sc;,;ion of ti~a ~~nar«1 ;Ls c;:al~ of tii.a 8 .:ita'ma OI :il.dn3.i"o OI S11i~ ~a:a.' 1`.JJ, tU~a ;r.ar ':Jlt:; G o:c'ti.iri IundS t0 uG f1rn1SY_a(i Uy tt:d Un?_tw:l States of ~:m~Irici, ai:ii'ici•3nt 1:.iii.I~ tp do uo ,:Wn ba providad. ; 1. ~J, 1'.'_.~. w~i~`,~:a, ~.. ?i ~~~ril~=Yi7 by ti: a" .. ...i3 =r 0'.'dn vOUi1Ci1 l).f tia 1ncOrJOr;itei Tp~Yvn of :oast i;iemphis, _ila..iri.-i.iS, r`:; 01iU~'.:_.' aiction 1. ".hat tram cost of tha construction of saii s l~ ar sys~:;m ar,l Li:~ N;,T1C]:;:ii Of Still rail pro~crt;, aStlm:tad uy $2ild ~n~lnaar, i:: fi~und and iacllrcl to ua tna sum of Si:~ty-trio Thows=~,nd ~pllars section 2. That tha s.id se~'Jer systac, ba construvtal and said rc.~i propart;~ ba puror.ascd accordin to the Mans and sUOCilictions hGratoior~c fil~1 Uvith tha To~+:rl iacur3ar. acid constru.dticn :anti tha ~ custcdy, gper:tion ir.d In iintan.Wnca of s•=Tj ;,a';r~r sy.aca2 :n1 tha collaction of r9vanue therafrom for tFa sazvicc ,:.+nYaral t'r_a'rao;~ s:.ll ba af~actad ant su~arvi~ad b;~ tha aa'rti"ar ::om2^itta: of throe sl2iuars, cornaus:ad of J. ~. Johnson, '~ A. 3ro~;;~n nd .~. B. 3:11, a~i~ointa.l •~y ~r.iln:nca tap. Via, a3oiltad unacptar.Tb+ar ~, 19~u •ryhich a1~i2ointrY2ants ra harady ratified .anti eonPirmsa:i. Th,a Oouncil n2:;7 ramous :ry mamuar of tha 7ommittac "vritr: or ,.itho~;t.c.Matic .~rd miy i;~point GIiS iiSCuaSSUr in ca57 OT d•':tY:, raCIl~~Val Or 1' S1'~:itiOta~ 'i'ha farm; O tLw pOr1:;tTT;:i;ti0n and ~urCf':~.... Sl::ill 1]Gl f'1.°.aii by tha aa'.acr ''.Omtl:lttra ~-{ :nl it ah.rll muxa all epritr:cts or a;ra~~~:cnts nai:78Sir-;y pT ini;ilGntal CD to tr.< <arr'or;r:rca of ita d.:tias ..rd tha e;s:aeation of its aouaa~~s; rte providad that any cor.trir:t ral:ti.~U to trio fir.inc:rid of t:2: construc- ~ tioa herein provided for shall 'oa approvsd b,~ the Council batura Lila S..iT'a Ue tillfc v'_ Te . aaction .. 'halt tt:e follo~ving ba~.iaad as file ragas to b+ of:ar~ad fUr sarvica the DaJ ::cr'vSar :ysta[n, 'rUhiC1: ;;hr :iOc:riCll finjS :ra trla raasoni~la ant r,acess:rye rata:: to ba char ad: C1a::sific:ti.~n H.te ~esidance, minimum „ c. ................. ~ .75 per month, :~esilance, a rooms ...................... 1.u0 ^ ^ i~csidcnca maximum ....................... 1.25 ' ~! ll::cas of busirass, stores, etc. ' havln~ nu Nuullc toults.. .. ...• 2.2J ~ ^ I?i.ocs ui ~usinass h..vinv puoiio tuilats l Uasolinc stations, etQ. )....... '... ...~.~ '' ., huteis, rooming houses, tourist camas, etc. der slaaia,ir;g room'....... .30 "~ " i'laccs of ous.:nass havir;g 2 toilets..... f~.GO '' r'icturias, in.iustrias, ;etc .............. x.00 '! ^ -- Yl:,s 10¢' par avara~a daily ."" n~•.m6ar oP am~,iovr~aas. :s rid thi_ you:ici i:.rthar fin.ia :r!a d'~cl:ras tr:at such rata:: :x a~~ova sat out will prod::ca a total revar,uaa suiticier•t to p.:y the tot,.l opr:tion and :aair.t:nar.ca a:{pansy of the aystam ant provi is for th. i2i;,~mant of the 3onds, 'uut)i princi~p.~l ~r,1 intarast, s tYTa sr.I:;a r:ll .i;a .. r_1 :ro pa;,*a'nla , ar:1 to crW ~Ita .;11 1'un.is Y:arm ilrovidad. acid rotas shall navar b raduccd balova an amo>nt snffioiant to provi.l~t Yor try ril~vir.tcrarlca or' tr,a f`ur~d harain:ttar :icscrioad .and, lI CliiUwuSrr,jj, stl:all Ji 1CiCYQauad 1C: iCi .amouClt S11:Ilcidnt t0 urOVldos ' for 11:a I,1diC:Gar::C]Ci pi S~1 hind:;. _ n Copy of tie scklc~.iulc of;.:id r:tas si~s;ll it all tunas be kept on z°ila iri the oi'ficr? of the 5aarar Oommittaa :n1 :1so in tY:a offic~a of the Town 3acurlcr and shall b•+ o~len to insi~aetiori b,- 111 parsons intcras•ted. , acction 4. lro frc~ i':,:iiitias or sarvic~s si:all u, urnishad iay tn. JySta;l. In the ~.'~s'C:t that tila 'POWs Or Gn;j dapartmaCJL, errancy pr iCiStrlm+3r:t:11Lj/ tharsOf Shill aV:il 1t:-1L UL tte ;`:C11iti+T:, pr ::arvcGS afi~~rlad oy"thy sysi;am'' (+.vrich is herab;;~ lcfinad to ncl~.da tS:.i Sa',.ar ByStiaCT] aria all fut...Te iddltipriS anti 1(ll~rUVG.i:r'ntS thQTtitO), the reavon.abl:: value of tr,c sarvieas or f:ciiitia:; so sfforaicd shell be ch:r;cd against the Town or such :iapart¢:cr_t, aanc;,' pr irstrut:;zn- t.:1Tty an+l Shall ba jJaici for as t!'im .:h:r~y*tis tr.areSOr accrue. the reViTiUZ:; SO r6CaiV~i1 still i~a 1aa,mai t0 ba 1~VaGUas ldri'Toi1 TOt22 ti:a pparatiun of the ::ystcm :n1 si::li oa us<>d ar:d accoT~ntad for' in ' t[ia SiQ,. maCJnl" .iS ir;y Ot:1~T' raVmCJ '1 wi : dariva.~ T''0f:1 tY]a OU~r:tiffn 02 ih6 Jj%:,ta:L'. ~''rpVllad, h~'+ia-Tar, t:gut n~ F.ir.j i'~rslr: tit All Uva r u , c" ~uitirl~t~t~li l~Ci`,hVli.:,. `t0 ~?`'J..il it.,l.i [Ul t~~~¢1'ycllltl` `i lr, :S Ur SaCrY1CwS a1fJx',1sd U" tr• ~y ~w<CtiOn J. the ~'; Y<<iS;:iGr l?f ti;G ~i'()'a'ln shall b~ tfE l;i::•t01~.:n OI tha re'rG- -rTu~s sari°a=3 runi the System an3 shall give bond for t3ia fitl;ful i :Aisi:b_rge of his duties as sucrr euttodi«n (such bon,i to be fi.rc3 an3 approval by ibis :;o,:ncill. "rhe rresurar of ti;e io"a;n sr.wil daposit .11 of tha revenue of tt,c aystcralincluding :11 future ,~dditi~ns and improvement;, tharatol, aS eGlleeta:i, into « scp:r:te tliCid, t0 be a:i,inist~r:d as tu11o"~~s: la) Operation ar,'1 ..:~ir,'t:nt;ce. yn ;xrnu;:nt sufficicrlt to pxy trc rcason.ablc morthiy G_{_~:ns: of opGr«tior~, repair +n:l tialCiter!«nee Uk:.ll Oe :leductel froc; th+ mUlithly TQ7rnUeC:; ': they accrue nd wall 0 use.i to pay ~uctt a~p:nse; t b) Bond r'und.u~ll tr.G r4vGnucs rcmairing .fear ti;a payuant set for ti: in t a sha11 COnSti.t'ati! t3".e CiGt rrvsnue;; Of tt;a; `a'ystG;il .iL"d Sjl:tll UG pai at laUC,thl;y itit+irVal:: 1r;t0 fete BOnd i~'uC11 t0 i]TOV11G fOr the payu,ant Of I i tr.G ir,tar:st on and prir;cipal of tY.G ponds as and whcr_~ the s«mG ( bGCOmW llie; tri: nacaBS«Ty fiSCal a~~or:i;;j CI irE;eS for IIiar.ing :, Its::; p«yln~nt; and a ~nirl'bin for Safety. JllCP, mar-:lri, t0aether Vu"lth ~iriy ilnli.:®j ,° surplus. of the sam. c«rried foraarl from tl:c precding fiU~=l ;yasr, ' shall in no .asart c~eGGd ten par cGntu,I: of 111 otrer amoar~ts r.cuir:d to be ;,ais into ter pond Fund und.:r the provisions of .ti:is i~cic~ioc:; (c) :surplus. 1n the a:~Gnt ~t;«t .. ,tirpli.s r~!:~~ir~s a; ter tl.e rcgu_G- menu of pub .r.~r:: s L' r p _ ~ ph 1 al aria 1 bl r~:ve ba•~n ,ct, tha '.ow.: may us_ ~, s':~ch sarrlus or ary part thereof in its discretion to proviic a fund for c~tensiors, c:;Gttcr[ner~ts anti ad3itiors to t2:c ~ystcm, yrovi.3a1 that k'• .~nrmUUYit reasonably S!1tfiCirtit 10T Op~r,JtiOn, r~,~.ir aC:1 L'";aiC.tyri :anv'G ar~i for depreciation for r. G.nslting ~crio3 ut' nc't lass tr:r t~arelva mor:the has first b.~n raserv..3. -~.a,° 311 3orl:is pur;;ha;ed srril !'orth•Jritr, bG c.~neGlled un1 s3:all rtut again be Yssua,i. xll moneys r.cld in s>•i.i .Bond ;~'u[ij shll b deposited C, a b.r,[. aat.: J1. . a - tLG 7pGr Of tr:a i~'dClfir.l .•.w::~r : ® JySta!- ..ri 1 in which dcpow~i ~s are ineured by the 1'edGral Ucposit Irisur.~nec ~orpor,tion~ oGCtion ,. shat the aystem ::ii«11 oc hereafter oiirat~.d upon a fi:;~;al year basis. The first fiscal yaar sna11 commer,ca u;;on the 1st day of Jul:;. 193b (the estimated data of eomplation of the oonstruetion herein pruvid:d :for), and sh«11 Qnd onG~ycsr tier.aftcr. ace ti on 7. Th«t r~vcnuc vonla of t;ae i~awn be 1S aG~ in ti:a total >rmuunt of 'ortyei~ht ::huus~}nd Dollars (.ji4U,iJ~iO), ,rtiicr, .mawnt, tor;ett~cr with funds to be arriisi;a3 by the 'Jnitad St«t~:: uL _>,[T.eY'i:=, iS na~Ca SSary tU t~rU 7i Je : i%fflc ..nt fuC;dt t0 p«;;' all CO.-',t Uf tTa hGrGirl de:~criUrd CUntG;i,platGd COr.~tTUC'~lOCi, 1riC.ll:iin~ ti;e U1tirc1:L;:F price of the real property tierair.bafore .lescriuad, en_incG-rin;;, legal, YI Ci ~.i Ott;Gr C;eciiSS;.ry G.Si;a [iud.4,', t0ae tirler `.:i-ih 1CJt~s rd St t0 a dale 81:i mUCithS S1USeC~;1Wnt t0 tiia~ @;tiCiate:i .~«ts Vf COCLi;lEtiOn Of trif cOCl:itr'aC- tion; ti~at sia i3on:ir; ~c dcsignatsa "1'he ir!corpor«ted _bwn of :res1. ~-ilmphi6, _ar}:an`J7ib, .iiP."o-~,r t{GJwnl1G 3onis'*, bG C~~tl~ JdptdmUsr -~, 1vJ4,nu'^'•' t0 be Vf the d®nUialirlati0n Of ~lUUU ea~;h I'ii:dept tr:at ~onJ6 A;limbers 1 10 4, 1r1C1uS1VG, Shall be In the JmiCiU;::lnatiJn Of •;~JUU GaCh~, n1..:I1boY'G~ from 1 to JV, bUth lY1Qli.S1Vi~, .:nd matu$+z JC: ......,,,. i::~ Oi aal;L ~%e~;r f1 :; fo1104vs; BOnJ 1.11mt)Gr 1:mJuC~t Year 30n1 Tui.;~Jdr dL'[O:Int ;f.ar 1 ~5U0 1~s0& lh, 15 and 4U X3000 1~J46 2 ri00 157 21, 22 ant ?~ 3000 1945 U 5u0 153b 1~, ?v «n,d 2u 5u00 15UG 4 5U0 19U~~ :.~", ~~ and ~~~ 3000 1`Ja1 b ivvu 1540 ,~u, 3i :an3 U~ 3000 152 U lUUO 1541 .~J, J4 ±d C; :3 .~J 3000 15~J 7 lUUO 1542 :~~, 37 an.i ab :iO~U 1554 v . n,3 5 2uu0 154 3S^^, 40 and 41 3u0u 1555 lU ani it 2uU0 144 42, 4v an1 ~4 ~UUO 15:.6 14 «nd la wuuii 154b ~5, .ti; and 4"r :0u0 1r~,7 14 .n1 lv zUUU 1y4a 4b, 4:' ar~d ~0 30u0 1~5Ei. lu aril i7 L000 1517 J i k~ Yom. I~ that the i3onls 'oaa..r interest at the r:~tc of .your ace cent (4f~ per anCtum, payable Ori i'~iarch_ 1, 15Jb, and semi-~nnu~ily tCleroefta"r on the first days of uept~raocr and I..arch in ceh year, that ti,a ~un3ti 'oe sit3nGi by the ~•ayor :nd sealad suite tha corpor.;te ;-;e.l of tlia 1'o~Jn «nd attested oy the iovrn i'eeorler of the ii; can jai tr.at tr.a ir.tr:r~.st l1pOC tYiG ~Dnj:; b@ GVidGGCGd by c~~l;iiOC1E tl'iirait0 «tt8Che1, the coupons to be signe.i by s.id ic~ayor by i:iS f.:csiri:ile signature; and s.id L:•yur shall by ~i,e e:Lecut;on of the Bor.:1s adopt :° :end forr.is o"~n a., , r.a prO~Ji'r S1;;n:tara t"_iS aCaimili' +ij)paerili;~ 021 S.i1 ~ou_7on:; trdt t17hi t3OG1S wn1 (SJLiUOnS bi JAyubla in SI.LVr LLrl'1S ++::~ a,~ tha timi UI t17a1 raS~avtiVa !)aymants ara ~d~,l t.nC119r Jr tYd J«.;~i:! nt Oi lv"OtS ~::3 tha `Jnit:d atatrts of ~imaric:, at 1'h: 3onis to~ati:ar lJith int.rast tharaon s~,all ba payabis only out of tr.a 3ond Fund :s h:ra inb':afor'~ 1a final ar.1 shall ba v :.lid claim os tYla Kollar thor:ol only aUainst tha 3ond c'un~l, and tna ' amount of tha rav:nu~;s is har=by pla3:~al to s..i1 fund, vahich amount oz said r:vWnu~s is h:raby plad;;od for tlla a4aal an'd r.t,~bly payc,:nt of tii: fonds and shall as us:l for no othar pur~osa tr,n to day tii: iJrin~iyJai ant intar;st of tha 3on1s ..s the s-~a,a accr;:o. 1'h: ~Sacorlar Of Said tO:'Jn iS YlaraOy Orlardd al:i dirJt~:1 tU rUQu.Z'a y nl tiil+i~ In L1S OfS13a, In aLIj~TO~Tl.+t~ Ti)iC.i, , bUJK LJ Or ar;tltl+~'~ ttyha 'BOOK Of :Ya~iStratiOn 02 tti~i .iO'wn Of idaSt ~NcmuhlS, .:ar`anSaS, ~:',atir navanua ':onls", vai_oriin sail bonso :;hull 'ba r~istaraolo .~ti to iJrirlci~al Jrlly in tha nal.i:r's n~;m:. .inl .,ail l~J'~ti'C:~ 'L''.sUJrloi? iS :iaraby orizral .it;1 llrsa::'uw1, ~t ttlul ru~l.:at oi' ari' nollar iao rota suer, ra,IStra~lun on an' Dona ~ubmitt~u tJ r;lm os tr.a holiar tilor~of .nd to :ntar an ap~ro~rist:: st.~tcc~.~nt of such _r~istr.tiori in sail boc~., aft~ar 'JJnich rib transar of any bond so ~ rQ~jiat:rvd Sli+ll J+ V-:11 inl+iSS ra~orl:1 1Ci ....11 l)OOG. by' '+na 'iU'.'Jri (~ :BC0r.1ar',ti trla OJrittan TWCj1aSTi O1 '+?l'd 1"+i=ji9i,rrul t:J1.1dr ..yl..i Sl;.lil=:irly Yf~ nJt~d On tY~: 0On1. sny bond SO rdr~i:~tir,C~ .ate tU iJriC!:Ji•):~ii C:iay iiJ diS~ii~r~.d ~rJ" ri~i:)ti'.ioiUn by b4in', ra~iSt:r~1 tO ')a~+TJr, altar ~ whim it ~ii::ll u. transiar.'r1 b~, lalivary bat c:la;~ a,,.ln b~~ rag15ta2'~l aS tU 1JrlCll:1 ):;~1 si;i bafJT©, Tha r..~iStrs):1Jq Of any bored i5 tO ~JTinQi- ~.l sl,.+ll nut r:atrin tha na„OtisUillty of '~ha c)IApons thar.~to .tta.:h:1 by dcliva.ry :naral~. oac thin c. That S..il bonds and cou)ons 'ua in saJ~t..r)tiaii,/ tha fo11J-`.- iC_~~ fJ2'CG: ~, !d O . '~P ~C~''i; D~' ~;L h~~.a, :JL':..`I Jam' '~1T'1~i: J~i~ ' Ii~3Ui~'U 1':;~ '1~?:iT; J~ '~:.~i ice, ?ii;, ., ...,, . iilti'..~+r _iLi ~~.~,,~ yi ''.'h_:.;~: ~;,~,~1:iJ: .Plat ti:3 Ir~oorporaLal ~orvn of .iaw~ +Y.am~hl.~., lri tha .~iOxnay Vi .'+rltt=sedan, Jt.:ta Uf .1r1~an.:;iS, har~+Jj ac/1:n0'.71~,~a:: itS.lt t0 Uwti ant, _ZJr vdiC:~i raiUal'vJ3, rO:lilSa:. ;U g.y to traarcr or, if ru~i'star~: i as t~ ~ri1.Ji~;:l, to tha rri::tar~1 t'ioldar Y,araJf, a;; rarairaftar toatad, tr.a sum of 1]U111r5 (y'i ) O1: trl l~irSt .1;J of r~tarcil, 19_,'111 tri int:raS rt ~liu r.rt: :%I. IU::r ~mT' J+iClt t 4"~1 JaT anClum, iyaJla Un r~~T'J}: 1, 1~,.~J, .C:1 Sallll-.riri.:.ailj tharaiftaT Jn ~hJ lr. li,y'i, Uf .jay .mbwr :~r.l .'~?'vL ln' si~Jl: ,/: a1', LL.U[i t-' ";a :;o Y:trt1 OY1 .)i rll ,UT1'~L'1ar J tYlti ~ari lls sJ 0 ili. i)O'liS .: ti:,a~ _ n .r.;ll„ oduut:la 1:;.:. .3Jti: ir.;:l . ;1 _. ~ ;oi :Ir1 ICta' w:;t . 11a2'ai:;Ci :;f:..ll :)a )u;j~bi~J lY. S.:i:L' lLLnl., .3 :, ]t t1:J t1w:S Oi 1~ _._ a;,.).:Ctl ".'~ t:a~:,ivClt~ lr;`jil ~~C~1:1' i_, u„a iJd,yti]16:1t Jf 1abt:. 1iA'.. Ilia !:nita'1 ,7 La Ld .. J1`J.~l:1 i.r'lll ici, at , 1h1S bOUI i~ Ura Jf a SariaS Uf fifty (J~i) bOri1S a;~ru~ting ~''Orty-iii~l:~ lhJ,'.;;:nd J011arS (94b,00U), 1.n tha d@GO[lllnati:?nS 01: '.~i`Ja ~~ H4nlrad ~oildrs (~5JJ) :n1 Ora Thou:;and Dollars (~~~10vu), 1 atvl Sayai.e,bdr 1, 1'x•34, n,.mhar~d =rum 1 to uJ, out:: in::l~.siva, n1 issued I~ for tha pur~osa of ~roviling for tra pa~rm:nt oY tr..~ cost of construc- tion of tla:v'>r :,;::la:', for tr.-, ! r.cori)or;a :ol To'.r o- ., y„t .'-amkhiS, :~rl.ansas. This bone ~nl tra s=rig.: of :JYlict it fu-rms a ,part .. :c~~ is~,::~~1 in accord:~nca ,vith tha crovisions of >ct 132 of the re~ul.r s©ssion of tiny G+n~ral .~ssambly of tha .:t to of ~rn.nsas for tl~a ya:r 1933 :t'ti3 d~ nut cunstituta an ind:btadt?sss of said ov°Jn ,vitY'ln 'any constitution:.l Jr st.:t'Utory ll~~ltatlor;, ~inl :dra ~ay'w';l.a 5O1aiy IrUrll tYla eat riVanuas. from S::il Ss"';J:r SySt':uf:l ~ 1nC't:llrl~ TavanU::: frutri t litti T'a dli tlJnS :1 ri.l 1L:]~r0V s[:)s GtS~ r311:-~~l Cit. .tit+8r 1a l1C i.iJn Oi thfi r:..S0na01r ;llut:i;t]iy m~pr:Sa G:~ J~JaT~t1On, ravJiI':> aC.l lil:liGC~G.triC:i. iw11 rtWt 14~eClla.. n.'~ai baaC: :>.t ral)fi Wu.i p19'l::'al :iA ai SjJy01.:,1 :L'_Lr:1 lUr tl.t ~lurj~E)8+'c ur:i 1lu~Gtil •:l a., ~~:.: ~'~UC!1 ~linC~',-Jr3.+ts1 by' L]:'11C.dr;CLi 1~0. , s1O~)a,:a b„ ';,fn ~Ouncil J~ 5:.. ~i.~l. QCC :. {__ _.._.~_ ,~~ 3«, -; of i:,,- ..r.._r .,,.iui~ .;.i- :., ,.. ,~ iw _ ~i:cr~ ad ~o bG 1~Sili,i. Phis bony is traGSGr~,ala b~ 3slivvey, anlcss ra•~ist~rad ~,s to priaei:pl :t thG office of the flown '•'.ccor3Gr, in tho Incorportea 1J4':ri Of iGG.°,t l;+ilm~1']iS, `J^t~iita Of .]rt:aG.^,'rS, «r1 ::4CL rabTl:.t1'ai;10n nOtG1 i:Graort by sYiC~'` ~_~JG~'n ?iac~r3ar. .fter S:=i:t rv:~l:;trmti0!- ujJU~ li:il~r'ery ~o :;~i3 To,tin :acor:9ar of ;~ ;sitter ,r .trt;c;~ct of tr r i'r ~::_cuu~:~d J,,' ;.1., r .'.15ti;T::3 h0136r Or aJ hi5 't':OrL~~ t;:erE;..G10 Cl.il,y .. '~I'Jri~a'3 t:i~ uon.iv:~t.y ;, i• tr~: r.'sf<rr~:3 aac,. - , ~ , ter.: `., ~r r :fri ~h:<11 b~ nil r1c1k;1 hareon• I'''o tr~r.af<r 1'i~iwJl t1:il ~Um ll3 i1G1s:;S EO il:a~1'it,•J:1t tY~iS uOli1 I-:l~? bG '1.i:.bL~ir~a3 from rc~l::I,rwtliJYJ by' O~iC~ in' lit:a Ci:dnF:~:r 1rrn8Grrsil t0 Ji~rur, aria tliarmui~On tr~nSSGTbility b;y iElivGry sill be rasiorGl ~r,~ t)i:iE~ bot_'3 may ag;~in iron, tit,,e, to ~imQ .ba rGoistarGd or trxr.efrrGd to bG~rvr ~:; bQfora. L o such registration shill raffwct tr,G negotiability of the aoui>ons ~ppcrtining harGto, wY:ich ::c«11 continua to bG tramsfGr«b1G by 1Gliv:ry mcrGi;;~ ana sh..li rGtnrin ~iyvbla to ba.:r:r. 'I' i ~, =~ :i> >~:%Z ~~;~ that .+11 acts, con- ditl~nS, aG1 1r'~rigw lwyllir~a t0 GXi~o, r.:::~pe"C~, and bw~ ~~~'fOrl]iG'3 puToLdY,t t0 «G3 In lrG 1sSt:«nC6 O i,l,ls bor;d 1::r';'a 61.10'ti:" ii, hwva t11t,R>mG~l, «G~ h.vw }JGGC.~ tidri0rllla~ in 1taG tiIDi~, form, aCll Ul,Jrit;rr, aS rac,uir.d UtJ l: Vi, rr]tl flirt .5'ilfilCi<Y,t ui ;, lri lncvtliG rail ru'Jfn1:6 t0 be aari~.pd horn tr.a opar:ation of s::id s;~star.; his bG:n placgcd to .rd 65'ill bG SFt d„~l.]t ir~t0 S:~i~ St>4Ci:a1 ~lin1 fUT tY~a ;»y~i6Gt OI 1;t]c ~:rG- cipQl ari,i int~rEat ot; ..aid bons:;. - IIi I 'h~b5 ~,ri.~-~~0~' ,;.~i3 IGCOr~oiatad _'owr: of '7G :t ?~Gm~,t;is,- :~rr.;;ns'~e, b;,' it,e I'cttin ~oani:il, h«; oausk~ •~ai;; ooY.i to ba u~;t,Gd o,~ ~hG I.Taycr tt,.~l+.of ,.r1 sa;la3 e+ith the coporutG s~=1 of ~.:,id :~oo~n nd «ttGStcd D,y 1ti lJNCi TmicJY''.i4T, «nd tl.iib C:.ti.:i4t1 tho' CUU JOnS ~ttachad t0 UG tuthGGtic.,tad b,~ th~i f~v'WitY',iia sign.:turG of s.~i1 nryo_ all «:; of thG fir;:t ,i.y cf ~aptar;io:r, 1°'~4. l ~i:_~i ) _~Tj:~T: iGCOrasr, lr.i;orporot~:.: i'~wr~ of :'1G~t t!iatilribis, ;,r~Fric;.:s. f Form of ::oupon ) IuU. 1'~i«y or of the Incorpor.~tWci Tovvn of ':`c;;t ~:•amphis, '_rkr~nss. ,r.. it I;.~ r c h ~ri th first 1;;,y~ of 3apt ~mbcr, 1S , the IriCOY~Orat~~~l '1t7V~G Of '~'r'G;t P.~4rmJhls, ~rl$i,Wt,uaT. ~OUG~y, .'_rLrin::_:::, prOC1iSsu tv Oij' t0 ~JG+artr ttiv .'-'.lim O Jollrs, out of thW funs spacifi~:d in the bon to .~tiicYi this coupon ippGrt.ins, ~t lri S..Yvri:tnla ::" .at thG t1IIi8 Oi' tymwCit. hGroOf nrm 16g:,i1 tr~(~ar i0r tGc i«~~uiGY11 Of t~4u';s ~aG tU thG !_tniti:~ :it«i;GS Of :imGriC«e, Diin~j' int~,rist ti;~n suG on its ~av:cr a,•criuc 3on.: j,~~ed titG first d4y of i~ap~Gmuar, 15i;i4, anr3 numbGrai ILayor J t l 1'hG Signdturr~ Of ~l.~ I':1wyJ'' '~0 the 00.i.t~On !"i.l;~` .)(~ 1~.it:0'7'«ivt'icCl Or 6Cigr.,,VGa.) ` (r'orm of 3a~i:.try in3or;:ar;:,nt 1 T~utica: Teo ~~ritin~; on thi'; bond a .rapt b~~ the Mo~~r. =iacordar of th. Zo'~vn of east I.:amphis, .~rklnsas. Jata „f a~istr:tion In .'rhoso I'amc Si~ndtura of or ir.n~fur. 3a~;istarWd. T'Cwn ~-?acoriar. ri~etion 5. ~ft~r tha `fonds ha';a boon a:Lacutai as harain provilad, thAy shall b.~ so 13 an3 3aliva•ra3 wt ;,~rivata sss.la, all at on: lima or in blocAs from tima tq tiuia, ~t a prig or pri~as a•rich sh~lll b not la~U than p:r .nd accruad intarrst to d1 t: of 3ali-3sry, .end tha ~arocacds rACaiv:~d tharafrom .shall ba t~sGd soialy yor tr+ paymant of construction costs of tha dyutatn .:nd the pr'xchus~ pri¢s of tha r~:::1 proyarty haratofura dasorib.d, incl,Adir,g argir.a=rink;, 1ag..1 1n3 otrar ncecssary aspGnsas, and for paymant of inta-rast on tha ravarua bonds h.riin ailthoriLa3 Suring the ConStrUCtlJn Oi thG :'iySt®iI]. aaction 1J. tothing in this ordir,::nca shall ba ~onstru~3 to pra•rant. *-~ tna issuan::r 'oy tha Zo~vn o2 ad3i~~ion11 bor:3s payabla from tl:A ~~ ravanuas o. ti;a 3ystam to finan¢a or day tha cost of constructing :r,y a~:tanaions, battarmarlts, or additions to tha Sys-tam. Providad, ~ huwavv~r, that tha 't'own shall nJt aurori2a or issua vr;y such additional Q bor.ls ;:o long as ar.~y or' tha bonds ara uatstanding, unl3ss (1) tha gross ravanu.s 3arivad from tha aystam for tha fiscal ~s,r 'than nc..t pracaxin;~ si,all hava born sufficiart to proci3d for 11 costs of epar.tior,, rcplir 1n~1 ;lintanar:ca of cha 3ystam and lmava a b~;lanca Gqul to at laa;,t 12~ pGr cent or tila a~'i:r:.ata of: (a 1 .principal un3 intr.:;t pay:n~+nts for such year un th:a total bonds then outatarlding and tha fiscal lgancy cilarg:s tharafor; t-b1 ona ;war's intarast on tliw tot.l issua of s.~c additionl bonds tl,An proposal " to u is'.~und; 1n3 (c) .: t. amount of principll of ` ~~ch addi'~ion11 bOtidS for On+i mar COm_vtAtu3 J;j il':i1iC~~ ~iia total CAliLint Of SLLCIi i~saa b~ tna r~um'oar of tr..~rs, to tha final mat'ari ty lata of ..:.¢h bonds. ,.. . Saction 11. it is cosGnant.~ i :~rrl ~;-~ ~ .d ;,,• tt: ~' ar: .+itt. tk.~, huldcr or 1io13ars of tYi9 3ond~, or any of tla~] that it .gill f~ithf;zll;; ':end ru,:Cta111;~ 1JGrfOr::1 ;ill dutl::S e'Jitl: t s6rurlC+ t0 tlJ Jy'~Lam ra(;iiir:~d by tha ~dunstitutiun an3 atatutas of ihG St~ta of :irY'.~r~d.s, incl:~3ing mania; and collACtion of. rasonabla aril suffioiant rata5 la;afully cstablisha3 for sarvioGS randarad by thv 3yst~:m, sagr+:g:_ting to rav,nna of tr.a aysiam 1n.i its a,~plication to tha respactiva funds - ~hersiri craa'ta1. 8i action 1~. '1'ha "own ~,viil maint.ai~n tha. Sy::tam in ;oo:i conitiion an3 O~]aratA tIIa 8 .ma in al: JffiCi ant ~nnar ~rld a ~ a r~a80Ciabla COSt. uU loag ar: ny of tl:a Sonia lrai outst:~rldir:g th. lawn a;ra.:~~ to tnaint:;in insurarlca on tha :yst:m for thq 'oand~t of bon.ii.ollars of .~ hind and in n amount .hici: nur;aa.lly ~~o~.ld ba carried b;,' orisita cur.:~;.wr_ies ariv.._~s~] 1. C; a SiL'lilar ty;r Of bixSiGAc.`:o. I':'Ui.tllrlg in tl';iF. Or.liri'al].:a :91`iall Ua CUri:t:r"1~i1 .+S :'ir~Uix'1n~ tnvi '1'0'iJr: t0 G:'Cli+ind 11Ciy ~un1$ lJriOh +ix'ui ,16- rVr3 frog, SiiurCwS oti:ar than tl~ri Or)artiL`Cl of ttia ~=jStattl, Gilt nOtl:iri~ harain s'i;all ba aunstrus3 e 1~ra;vrtino tl-~a ro•~vn from 3oing so. :icetion io. ao long .~ any of tl:~ 3ords ara outst:,niir:g, tha 'lover] Will not ;1lOrt~~,roa, pla,d~: or Otl"iar'tVlsa Gnculilbar ti:~ ;ystam Or any plrt trlGxaof, inclu3in the rail prouArty 1~arainbZfurG a~+scribad, or any xa•~snu ~ ~rlarafrom 1Axcapt as harainabora pruviiad!, 1r.:i ;gill not call, la.;:.: or otha-r'.nisa diapos,: of an;~ subatlntial portion of tha soma. wcetion 14. rho 1'o'~an will i_a~] propar books Jf racur3s ant acco:.nts ' SriJi2rr':v irJUi m.L util~r raCOr15 :fCi3 aC.:Jiirit9) iCi '~JhiCYi CUCilpltt•va an3 CJrriCt aritTi:i .`:,hall Om .:~lA O all tr~rriSaCti0ri5 rclatlnb tC ~r:a d;~Stam, tfla O'1iC] 6'JT11 fi~x'rii.`-'.h to 1r.;;~ holiar Or p~1.rCh'a.>'r Of ::riy Jf tha ;ion3sat ttl: lima outstln3irg at the ~+rittan ra5ua;;t of s~.ch Kollar or parcilar, not mara ti~an ti:irt;~ i.ys 1~tar tlla v.Tosa of aiCh Si:~ months' fl.~:al pa:'io3, JOm.:litri O~1Wr~ting ln:i incatn~ St,st+~- mant8 Of tli~ .iyStJiD In r~-iSOGabla ~1Gtwii1 CO: Wring E'.LiC1i °.l.n f110C`.thS' p:rlOa, aril not CDOra tll dti $isr:ty da;~s afG+r tYa ~lOS Of aaCf. ~i Slt :l ;~a1r, COmyl.dtA fin.i'C.Cal SLutAtlllCtt~u' Of ti'i~ vySt3C7 and '1'OWn COVirxng such ~:i:;c-i yas:., cap ~l~'~.+~ u,; .ha _'o`;vn's aulitors. ~irCtl.On lJ. .cry pa~'etla~ar Oi t'~~JCity-1ivG r1Gr :entam (~~ju) ~~ a~~ra6at1 principal amuurit of the 3or,ls at the tie::: trscn outstar_ling ur any holder or hollers of twenty-five ~.er ocr.tum'(?~;'~) of s>sid amount of outstanling 3onls shall have ti,e ri~3ht at all reasonabic times to inspect the iystem and all rcorls, accounts :r;d data of tnc '1'ov:n rol.tin thGr~to. section lb. `lhq ~'o~vn r.'ill taiio all suer. steps «s tYio purchaser or par,:ha>ers may rGasona':~ly req~lirc to aid in tho sal• by the purchaser or paroYi.tirr of any or all of the 3onj:.. ;"yon r::;uest~ the Town will f;:rnish to any purcha,er of t~~:+nty-live per centum (.-',J~a) o~ the 31~r1s, informatien for tine prepration of bond cir~ul~r in cu~ton;..ry form sign.a by the proper offiui=ls of the '1'o~ryn, containing such date +:s s'ach purchaser may r.asouauly requ.st cone®rnir.g the 10'~!n and tr1i1 :,yStem. section 17. 1'ho lo~~~n further eoven:.nts and'agraes th:t if lefault is made in the payment of any bond or eo;:uon or it the Town fails to meet any sinking fund reauira:nsr,t, the holier of such bond may decl::re that bonl immcdi.tely duo and payable, and such bond shall thereupon be immeliatoly :iue ant pya5lc and in lcfault. ~WCtien lr~. if there ba any leault in the payu:ent of Wither ~rc in't~s'a;;t Or, Or prlY,i:ipwl of :iCiy O th.+ 30n.ic, th6 holier Or tiollGr;; Jf any of the :JGrlIN l:l:y Uy preaer :.::fit JJU,:vi the psrlGlf::.~.nCan Of the 1i._t1G.°, of ti7W Jff,C1.,:1~ J.C' the .i0'eVri, as .~'.'it furtl2 in Sabi :iCt 1.'? 0~ the rGgalar Si :,::ion of th. ~seririral ~ssGmuly of tht :ibato 02 .'irKdnS«:S for tr,e year 15,5.x. if there ba :iGfa;~lt in the p.aymQnt of the principal of or interest on the 3onds, any caurt having jurisdiction. in any proper action racy appoint r.c ivcr to administ~:r the System on b:half of the. Town rend the hol.iers of the fonds, .witl; power to charge ar;d collect (or, by manlatury injunction, to oars: to b. charged arl col- leutel) rates sufficient to provily for tho paym::nt oT' th6 3orids and interest thereon ..nd for the pay:ncr.t of the operating chpcnses and to apply the income and rev.nuGS in eons"ormity c,~ith said cot :~:n1 this orlinance providiri; for the issuanc: of such bonls. i~ Faction 15. To thr and tht a record of the plclc of the rr`v®r7uas and the aareamer,t not to mort_age the Syst+~m, sex out in this or:iinanec, may oe pr.syrvel, tta I'::ay~r an•i To~.•rn rcccor3cr be ani era Yaareby authorized to Ellie a;ith the ~courler of ~rittanien lcanty, :]rkans«s, a copy of this orlinance duly certified b;~.t'hem as a tray copy and a,:kno~vledged by them in the form required for dcds ar:l mortg:age;,~, ti°ait: the directions that the s.:me be lrcuriWd in the cffi.:c of pail recorder as in tr a c.. ~ e of deeds ani mort;_;a,: s. S.eticn :U. _~11 ordinances or parts of oriinances in conflict herewi~;h, ~ p«xticul«riy Or.iinar.ce 1~0. z5 passed ar,.1 approve3 on the 10th Say of uctoi,er, 15;x:5, are hvraby re aealed. erection 21. it is ascertained and declared that the 'lack of a sec,er r,ystcn; in the 1'owc: of ~'~e:;t idomp~iis en3ar.gars the ha:lth and safety of .the inhabitants of said los~ri; that by reason of the present economic eondi'~iuns many citizens of the T'Own are out of :~.ork ani the improve- Ir~entS herein UTOVlldd L"dDtA13 fUrn°.h uJOrK ~Or 8 l~~T~'3 Cii:mOer OY ['leC_ =:t'1 ti:ereby odd to the pe.ee and haopincss of the 7;'own. it is, theraforc, dsclared that an emergency :r:ists, that 1G!-iis orlinanca is nacass<ry fOT slit irnmedi~la ~reSertia~lOn of tli~ pab'llC j~cace, hie«1tP1, acid Safety, and that tl-,is ordiriarce shall tai;e afleet ar.l bz ir. force from and fter its ;;~saaUc. ' ~_i:.:i.".J I:ovam~er ~Uth, 15:54. h: ay~~r. 1'h: i,Iayor th.n declared Oriinano~~~To. ~o a~,~opted. `hcra 0-fro no Earth®r basirrass, ~~'.+d~a ~~Ya~irig ..l jJ;:rn.l. ~~ ._.J ~:,;:r: .....:~~ .~i ;,;:;~ o r