May 9, 1960~~
MINUTES GF A SPECIAL MEETING OF THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS,
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~~,,. On the 9th day of May, 1960, the Council of the City of West Memphis, Arkansas, met ~
in the City Hall in said City in a special session. The meeting was called to order at
10:00 A, M, by the Mayor, and on the roll call the following members of the Council were I~,~
found to be present: y
Aldermen: B. J. David, R. H. Ray, Jr., L. E. Roleson, C, H, Rowton, Y. G. Sims,
G, I. Bollinger, and R. C. Bowie.
Absent: Alderman Bob Eden.
It being determined a quorum was present, the following proceedings were had to-wit:
Mayor Price announced the Special Meeting had been called in accordance with
Ordinances No, 219 "An Ordinance Providing For Regular Meetings Gf The City Council,
Providing For Special Meetings And Other Purposes" for the purpose of Amending Ordinance
No. 382, as the next regular meeting of the Council would not be until May 19th resulting
in a 10 day delay,
City Attorney W. H, Dillahunty informed the Council it had been ascertained that an
oversight was made in preparation of election notices as Wards 3 and 4 had been divided
into four precincts and the precincts were not designated in the notices. Due to the
oversight it will be necessary to have Notices republished and the date of election
changed from May 24th to June 14th in order to have sufficient time for the publications,
also the date of maturity of bonds will be changed from July 1 of each year to August 1
of each year. It was further brought to the Councils attention that the bond sale would
be on June 16th, a regular meeting date of the Council. After discussion, Alderman Bollinger
introduced an ordinance entitled "An Ordinance To Amend Ordinance #382 Which Is Entitled
Grdinance Calling An Election In The City Gf West Memphis For The Purpose Of Submitting To
The Hlectors Uf Said City The Question Of The Issuance Of Bonds Under The Provisions Of
Amendment No, 13 To The Constitution Of The State Of Arkansas For Several Purposes: And
Declaring An Emergency," which was read in full by Alderman Rowton,
Alderman Roleson then moved that the rule requiring the reading in full of an
ordinance on three different days be dispensed with, The motion was seconded by
Alderman Sims, and on the roll being called the voting was as follows:
Ayes: Aldermen: David, Ray, Roleson, Rowton, Sims., Bollinger. and Bowie.
Nays: None.
The Mayor declared that more than two-thirds of the members composing the Council had
voted in favor of the motion to suspend the rule and that it was carried. Alderman David
then moved that the ordinance as read be adopted. This motion was duly seconded bq
Alderman Rowton, and on the roll being called the voting was as follows:
Ayes: Aldermen: David, Ray, Roleson, Rowton, Sims, Bollinger, and Bowie.
Nays: None.
The Mayor declared that the ordinance had been adopted, and then called attention to
the fact that Section 3, the emergency section, must be adopted upon a separate roll call
in order to be effective.
Alderman Ray then read Section 3 again. Alderman Roleson moved that Section 3 be
adopted, This motion was duly seconded by Alderman Bollinger, and on roll call the following
voted:
Ayes: Aldermen: David, Ray, Roleson, Rowton, Sims, Bollinger, and Bowie.
Nays: None.
The Mayor then declared that the ordinance and the emergency section had been duly
passed, and thereupon he signed the ordinance in open Council meeting, his signature was
attested by the City Clerk under the seal of the City,
The ordinance read as follows;
ORDINANCE NO, 387
AN ORDINANCE TO AMEND ORDINANCE #382 WHICH IS ENTITLED GRDINANCE CALLING AN ELECTION IN THE
CITY OP WEST MEMPHIS FOR THE PURPOSE GP SUBMITTING TO THE ELECTGRS OF SAID CITY THE QUESTION
GF THE ISSUANCE OF BUN DS UNDER THE PREVISIONS OF AMENDMENT N0. 13 TC THE CONSTITUTION OF THE
STATE OF ARKANSAS FUR SEVERAL PURPOSES: AND DECLARING AN EMERGENCY.
Section 1. Section 1 of Ordinance #382 is hereby amended to read as Follows:
Section 1. A special election is hereby called to be held in said Citq on the 14th day
of June, 1960, for the purpose of voting on the question of issuing bonds under the authority
of Amendment No. 13 to the Constitution of the State of Arkansas, for the following purposes:
(a) For refunding at the same interest rates they now bear the $187,000 outstanding
bYance of bonds issued by the City under the provisions of Amendment No. 13 and
dated December 1, 1954;
(b) For the construction and equipment of a city jail, at an estimated cost of
$93,000; and
(c) For the purchase of fire-fighting apparatus and equipment, at an estimated
cost of $58,300
-.-_ _ _ _
If all of the purposes are approved, the bonds will be combined into one issue
of refunding and improvement bonds dated as of July 1, 1960, and maturing on August 1
of each year as Follows:
X11,000 in 1963
12,000 in 1964, 1965 and 1966
13,000 in 1967
14,000 in 1968, 1969 and 1970
15,000 in 1971 and 1972
16,000 in 1973 and 1974 and 1975
18,000 in 1976
19,000 in 1977
20,000 in 1978
21,000 in 1979
22,000 in 1980
z3,ooo in 19x1
25,000 in 1982
26,000 in 1983
27,000 in 1984
29,000 in 1985
The new improvement bonds will bear a rate of interest acceptable t. the City
Council, and the refunding bonds will bear interest at the same rates that the
December 1, 1954, bonds bear; the entire issue will be sold with the privilege
granted to the buyer to convert the bonds to a lower rate or rates of interest,
upon sueh terms that the City will receive no less and pay nc more than it would
receive or pay if the bonds were not converted.
Section 2, All other provisions contained in Ordinance X382 shall remain in
full force and effect except as herein specifically amended.
Section 3. This ordinance being necessary for the safety and welfare of the
inhabitants of the City of West Memphis, an emergency is declared to exist and
this Ordinance shall be in full force and effect after its passage.
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There being no further business to come before the meeting, Alderman Bollinger
moved the meeting adjourn, which motion was duly seconded by Alderman Roleson, and the
following vote was recorded:
Ayes: Aldermen: David, Ray, Roleson, Rewton, Sims, Bollinger, and Bowie,
Nays: None,
The Mayor declared the meeting adjourned.
~~
- - - _"'~.'-~e
MAYOR
ATTEST ~ ~.~
CITY CLE
APPROVED: MAY 19. 1960