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November 1, 19625~ MINUTES OF AN ADJOURNED MEETING OF THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, The City Council of the City of West Memphis, Arkansas, met in an adjourned session in the City of West Memphis at 3:00 P.M. on the 1st day of November, 19E2. The meeting xas called to order by the Mayor. The following were present: Aldermen: Earl Felte, Kirby Leggett, Paul Matthews, C. H. Rowton, Y. G. Sims; and City Attorney W. H. Dillahunty. Absent: Aldermen: Bob Eden, 0. I. Bollinger, R. C. Bowie. It being determined a quorum was present, the following proceedings were had to-wit: Mayor Price announced there was no business to come before the adjourned meeting. Thereupon, motion was made by Alderman Sims, seconded by Alderman Rowton to adjourn the meeting. Upon vote, the voting was as follows: Yes: Aldermen: Felts, Leggett, Matthews, Rowton, Sims. No: None. '~ ~ ~ ~ i ATTEST. / I MAYOR APPROVED: NOVEMBER 1$, 1962 52 MINUTES OF A REGULAR MEETING OF THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, HELD AT THE CITY HALL IN SAID CITY ON THE 1ST DAY OF NOVETIBER~ 1962LAT 3:10 P.M. _ _ ___ _ The City Council of the City of West Memphis, Arkansas, met in a regular session in the City of West Memphis at 3:10 P.M. on the 1st day of November, 1962. The meeting was called to order by the Mayor. The following xere present: Aldermen: Earl Felts, Kirby Leggett, Paul Matthews, C. H. Rowton, Y. G. Sims; and City Attorney W. H. Dillahunty. Absent: Aldermen: Bob Eden, 0. I. Bollinger, R. C. Bowie It being determined a quorum was present, the following proceedings were had to-wit: Minutes of Council Meeting on October 18, 1962, were approved as read. City Attorney W. H. Dillahunty read the following letter: STEPHENS INC. Little Rock, Arkansas October 29, 1962 Honorable H. B. Price Mayor, City of West Memphis West Memphis, Arkansas Dear Mayor: Mr. Alvan Burch, Jr. has requested that we return a copy of our contract with the City of West Memphis for the financing of their proposed plant, which you will find attached. I hope that when he has his plans more definite for the construction of the plant that we cen again talk to him about the financing of it. Please be assured that we want to do everything that we can to help the City of West Memphis in its endeavor to get industry and we are always available. I will certainly appreciate it if you will send me a notation to the effect that the city accepts the cancellation of this contract. Sincerely yours, JTS;tw cc: Mr. Alvan Burch, Jr. J. T. STEPHENS The City Attorney brought to the Council's attention an agreement with Stephens, Inc. had been accepted by the City based on a letter from Burch Plow Works, Inc. for a 4-3/!~ guarantee on City of West Memphis Industrial Honds in the amount of $1,000,000 for Burch Plow Works, Inc. However, since accepting the Agreement the amount of bonds had been changed from $1,000,000 under Amendment 49 to $750,000 ender Amendment 49 and $250,000 under Act 9 and request made that the Agreement be cancelled. After discussion, motion was made by Alderman Rowton, seconded by Alderman Leggett: That Stephens, Inc. be notified that the City of West Memphis complies with their request as contained in their letter o£ October 29, 1962, in cancelling the contract for the 4-3/4~ guarantee on the City of West Memphis Industrial Bonds in the amount of $1,000,000 dated August 9, 1962, for Burch Plow Works, Znc. Upon vote, the voting was as follows: Yes: Aldermen: Felts, Leggett, Matthews, Rowton, and Sims. No: None. An ordinance entitled "An Ordinance To Rezone Certain Zoned Property In Compress Subdivision From RS-7 To C-4, To Place Said Rezoned Property In The Restricted Fire Zone And For Other Purposes" was read by the City Attorney. After discussion, motion was made by Alderman Matthews, seconded by Alderman Felts: That the first reading of the ordinance be approved. Upon vote, the voting was as follows: Yes: Aldermen: Felts, Leggett, Matthews, Roxton, and Sims. No: None. ~~ Report was made by City Attorney Dillahunty that City Building Inspector Perrine oa September 26, 1962, had written Mr. David Ross, owner of property at 228 W. Danner that the building be demolished within thirty days, however, it has now been ascertained there is a Mortgage on the property and the mortgage holder must be notified. Also, Filmore Griffin, owner of property at 102 S. 16th Street had been notified, and the building was in the process of being demolished. The City Attorney informed the Council he had not received the list of property owners from Mr. J. H. Spears pertaining to the residence at 207 Roosevelt Street that Mr. Spears had written to the Council about. Mayor Price informed the Council Mr. James Bledsoe~s term of office as a Commissioner of the Public Housing Authority expires this month, and recommended the reappointment of Mr. Bledsoe for a five year term. There being no other recommendations presented, motion was made by ]Alderman Rowton, seconded by Alderman Leggett: That James Bledsoe be reappointed a member of the Housing Authority of the City of West Memphis, Arkansas, for a term of five years. Upon vote, the voting was as follows: Yes: Aldermen: Felts, Leggett, Matthews, Rowton, Sims. No: None. Mayor Price announced the meeting would be adjourned subject to call for any business that might come before the Council. / ,~ % ~~ ~. r' r"~ o r" ~ ~ ATTEST __ / S APPROVED: NOVEMBER 1$, 1962