April 5, 1962hIINUTE$ OF REGULAR h1EBTING OF THE CITY COUNCIL OF THE CITY OF (VEST MEMPHIS, AR v1NSAS,
11
The City Council of the City of West Memphis, Arkansas, met in regular session in the
City df Nest Memphis at 3:00 o'clock P, M, on the 5th day of April, 1962, The following were
present: Mayer Howell B, Price; Aldermen: Y, G, Sims, R. C, Howie, Earl Felts, Paul Matthews,
and O, I, Hollinger; and City Attorney kV, FI, Dillahunty and City Clerk Charles F, DeGraff,
Absent; Aldermen; Kirby Leggett, C, H, Rowton, and R, E, Eden,
It being determined a quorum eras present, the following proceedings were had to-wit:
Minutes of Council Meeting on March 15th were approved as read,
D1r, Sutto^ representing First U, S, Corporation presented to the Council an Arkansas
Industrial Program Agreement to aid and assist industry to come to .Vest Memphis. If the
Corporation was successful in securing an industry for ;Vest Memphis the City would assist the
Corporation in handling of bonds as per the Agreement presented, .meter discussion, Alderman
Bollinger recommended a committee De appointed to study the Agreement, Thereupon, the matter
was referred to the finance committee composed of Aldermen Eden, Rowton, and Bollinger,
Mayor H, B, Price read in full notice of hearing on Street Improvement District, No
persons appeared to be heard upon the questicn of the signing of the petition by two-thirds
in value of such owners of real property, The Council accepted the certificate of the
Guaranty Abstract Co „ signed by the 9lanager, Ralph 1J, Sloan, certifying that the total
assessed value in said Petition is $1,122,625,00 and said Petition signed by owners of Real
Froperty to the value of $801,360,00 which represented a majority of over t~vo-thirds in
assessed value of the owners of real property in said District, Alderman Felts introduced
an ordinance entitled "An Ordinance Establishing Street Improvement District No, 5 of
Test Memphis, Arkansas" which was read in full by Alderman Sims, Mayor H, 8, Price asked
for discussion, There being Wore, Alderman Matthews made the motion, seconded by Alderman
Bollinger: That the ordinance be aproved on the first reading, Upon roll call vote, the
following voted:
Ay ¢° Aldermen: Sims, Bowie, Felts, h1atthews, and Bollinger,
Nays: None,
h1ay or Price informed the Council Notice had been published on D1arch 16th and 23rd for
sealed bids on LVorkmen's Compensation and Public Liability Insurance, Bids had been received
on March 30, 1962, from the following: United Insurance Agency, ASCGonagill Insurance Agency,
and Guaranty Loan and Real Estate Company, and tabulation revealed Guaranty Loan 3 Real
Estate Co, was the low bidder, After discussion, motion was made by Alderman Bollinger
seconded by Alderman Sims: That the 1Vorkmen's Compensation and Public Liability be awarded
to Guaranty Loan & Real Estate Company, Upon vote, the voting was as follows:
Ayes: Aldermen: Sims, Bowie, Felts, Matthews, and Bellinger,
Nays: None,
An Ordinance entitled "An Ordinance To Re-Zone And Designate Certain Property In The
Northeast Quarter Of The Northeast Quarter of Section Seventeen. Township Six North Range
Nine East From "C-6" and "h1-2" as presently Zoned To "R-T" District" was presented by City
Attorney .V. H, Dillahunty upon the recommendation of the Planning Commission, The ordinance
was read in full, After discussion, motion eras made by Alderman Bollinger, seconded by
Alderman hatthews: That the first reading of the ordinance be approved, Upon vote the
voting was as follows;
Ayes: Aldermen: Sims, Bowie, Felts, Matthews, and Bollinger,
Nays: Alderman Bowie,
The Mayor announced the motion carried,
Motion was made to adjourn the meeting until 5:00 o'clock P, M, April 9. 1962, by Alderman Bowie,
seconded by Alderman Sims, Unon roll call the following voted:
Ayes: Aldermen: Sims, Howie, Felts. Matthews, and Bollinger,
Nays: None,
ATTEST~`~--fl~ ~~6~7~•C
CITY C
APPROVED:
`_ _ YOR