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March 7, 1974ins MINUTES OF A REGULAR MEETING OF THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, HELD ON THE 7TH DAY OF MARCH, 197lt. The City Council of the City of West Memphis, at its regular meeting place in West Memphis, ! the 7th day of March, 19711. The following we City Attorney Robert Smith, and Aldermen: C. B. G. Smith, R. T. Bentley, Thomas Dickerson, J. E. Hightower, and Pritchard Horton. Absent: Alderman M. P. Scott. Arkansas, met in a regular session Arkansas at 1:30 o'clock p.m., on re present: Mayor Tilden Rodgers, D. Hutcherson, Ann Payton, D. M. Grimsley, W. L. Harris, It being determined a quorum was present, the following proceedings were had 'to-wit Minutes of meeting on February 21, 19?!t, were approved as read. Alderman Stith, Chairman of the Street Committee, requested suggestions pertaining to the street program be received by the committee within 10 days, also requested permission to advertise for 11,000 tons of asphalt for the 197? Street Programme ~+epair of Rich Road `and other streets was discussed. Mayor Rodgers brought to the Council's attention matters for the agenda are to be presented to his office by 5 p.m. on the Monday:~rior to the meeting. An ordinance entitled "An Ordinance To Rezone A Tract Of Land Lying In The SEA NEB, the SEA, the SW~ SF4 and the ~ SW~ of Section 1.l;, Township 6 North, Range 8 East" read the first time on February 7th, the second time on February 21st, was presented for third reading. Motion was made by Alderman Bentley, seconded by Alderman Hutcherson:That the ordinance be read the third time. Upon vote, the voting was as follows Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, and Horton. No : None . City Attorney Smith read the ordinance. Motion was made by Alderman Bentley, seconded by Alderman Grimsley that the ordinance be adopted. The question was put by the Mayor on the adoption of the motion, and the roll being called, the following voted: Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Grimsley, Harris,..., Hightower, and Horton. No : None . The Mayor thereupon declared the ordinance adopted and signed the ordinance, which was attested by the City Clerk and impressed with the seal of the City. The ordinance was given No. 798, and read as follows: ~. s 160 ORDINANCE NO , ?98 !!~~N ORDINANCE TO RE7.ONE .~ TRACT OF LAND LYING IN THE SE ~ I~'E~, the N 2 SE 4, the SW%+ SEA and the E 2 SW OF SECTION 14 TOWNSHIP 6 NORTH RANGE 8 EAST WHEREAS, application was made to the City Planning Commission to rezone the hereinafter described property and after notice having been published for the time and in the manner as provided by Ordinance No. 715 the matter was heard by the City Plannin Commission and no persons appearing to protest the same the Planning Commission recommended that said application be Granted: NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST :'~:~IPH IS , A. RiC~ ID'S ~. S SECTION I: Ti~at the following described property, to wit: r. tract of land lying in the SE 4 of the NE 4, the N2 of the SEz~, the SLJ~ of the SEA and the E 2 of the SWi of Section 14, Township 6 North, izange 8 East, more particularly described as follows: Beginnin,~ at the southwest corner of Block 4 of T-~7estwood acres Sixth Addition as shown by plat of record in Plat Book 2 at page 469, run thence North along; the t~iest line of said Block 4 to a point 17C. U6 feet South of the center line of Vanderbilt Avenue as shown on said plat; thence West 902012 feet; thence along; a curve that breaks to the left with a radius 643.19 feet: a distance of 454.62 feet ; thence l~'orth 40 degrees 30 minutes West a distance of 140 feet; thence South 49 degrees 30 minutes West. a distance of 1635 feet; thence North 4C degrees 30 minutes ;~~est a distance of 1230.40 feet; thence North 58 degrees 59 minutes SG seconds East a distance of 31'L.29 feet; thence North 61 degrees 3G minutes 17 seconds East a distance of 300. G4 feet; thence :\Torth 71 deb-gees 51 minutes 36 seconds East a distance of 305.94 feet; thence North 63 degrees 13 minutes 19 seconds East a distance of 300.33 feet; thence l~'ort.h 43 degrees 51 minutes 3 seconds East a distance of 2G8a 81 feet; thence north 87 degrees 48 minutes 19 seconds East a distance of 185. 6:i feet; thence North 52 degrees 7 mi:~utes 23 seconds East distance of 136.47 feet •thence North 55 degrees 41 minutes 30 seconds East a distance of 200.72 feet; thence Nor~~c~ 61 degrees 30 min~:tes 17 seconds East a distance of 3G0.C4 feet; thence North 73 degrees 46 minutes 28 seconds East a distance of 205.45 feet; thence North 6G degrees 33 minutes East a distance of 300.00 fEet; thence North 53 degrees 42 minutes 2b seconds East a distance of 201.43 feet; thence North 57 deg-Trees 58 minutes 24 seconds East a distance of 200.20 feet; ?thence No-rt:~ 56 degrees 15 minut=es 39 seconds East a distance of Est -- --- - . 148.28 feet; thence North 56 degrees 15 minutes 39 seconds East 52.28 feet; thence North 55 degrees 21 ~ minutes 33 seconds Fast 322062 feet; thence North 59 de >rees `L minutes 9 seconds East to the Fast line of Section 14, Township 6 North , IZan~;e 8 East; thence South along; the East line of Section 14 to a point in ! the South line of Lot 1 in Block 3 of Westwood Acres Sixth Addition; thence West to the point of beginning, be and same is hereby rezoned RS-7.5, Single-Family Residence District. SECTION II: ,P11 ordinances and parts of ordinances in conflict herewith are hereby repealed, and this ordinance shall be in full force and effect from and after its passage and publication as provided by law. An ordinance entitled "An Ordinance To Amend Section IV Of Ordinance No. 260, Establishing F®es For Gas Installation" was presented-for second reading. Motion was made by Alderman Smith, seconded by Alderman Hutcherson: The ordinance be read the second time. Upon vote, the voting was as follows: Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, and Horton. No: None. City Attorney S'~nith read the ordinance the second time. Motion was made by Alderman Bentley, seconded by Alderman Harris: That the second reading of the ordinance be approved. Upon roll call vote, the voting was as follows: ~ Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, and Horton. No: None. An ordinance entitled "An Ordinance To Regulate Fees Charged For Building Permits And Inspections Within The Corporate Limits Of The City Of West Memphis, Arkansas" was presented for second reading. Motion was made by Alderman Bentley, seconded by Alderman Smith: The ordinance be read the second time. Upon vote, the voting was as follows: Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, and Horton. No: None. City Attorney Smith read the ordinance the second time. Motion was made by Alderman Harris, seconded by Alderman Bentley:. The second reading of the ordinance be approved. Upon roll call vote, the voting was as follows: Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, and Horton. No : None . An ordinance entitled "An Ordinance To Amend Ordinance 101 Of The City Of West Memphis, Arkansas was presented for second reading. Motion was made by Alderman Bentley, seconded by Alderman Harris: The ordinance be read the second time. Upon vote, the voting was as follows: Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, and Horton. No : None . City Attorney Smith read the ordinance the second time. Motion was made by Alderman Grimsley, seconded by Alderman Bentley: The second reading of the ordinance be approved. Upon roll call vote, the voting was as follows: Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, and Horton. No: None. 161 Mr. James Swan, co-owner of West Memphis Cab Compar~r appeared and informed the Council he did not want to sell the Cab Company, therefore, the hearing on the transfer of the Certificate of Public Convenience was cancelled. Bids for car radio and car for the Electric Inspector as per Notice published in the Evening Times were received as follows: Motorola Communications and Electronics Inc., $1027.b2 Alderman Payton was excused from the meeting. After discussion, motion was made by Alderman Horton, seconded by Alderman Grimsley: Bid for car radio be awarded to Motorola Communications and Electronics, Inc. Upon vote, the voting was as follows: Aye: Aldermen: Hutcherson, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, and Horton. No : None . Bids for car were read by the City Attorney as follows: Tom Gibson Ford, Inc. A. J. Thomas, Inc. Chalmers Buick Co. Ryan Chevrolet, Inc. $3383.93 390.78 3835.0. 3~3.b9 After consideration, motion .was made by Alderman Bentley, seconded by Alderman Hutcherson: If bids meet specifications that be awarded to lowest bidder. Upon vote, the voting was as follows: Aye: Aldermen: Hutcherson, Seith, Bentley, Dickerson, Grimsley, Harris, Hightower, and Horton. No: None. Alderman Payton returned to the meeting. The following Resolution was read in full by City Attorney Smith and considered: RESOLUTION N0. l~81 RESOLUTION APPROVING AND PROVIDING FOR THE E%ECt7TI0N OF A PROPOSED AMENDATORY NEIGHBORHOOD FACILITIES GRANT CONTRACT WHEREAS, there is pending a proposed First Amendatory Contract, amending Neighborhood Facilities Grant Conteact, No. NFP-AR-06-3?-1007, dated March 23, 1973, by and between the CITY OF WEST MEMPHIS, ARKANSAS, (herein called the "Public Body") and the U~iITED STATES OF AMERICA (herein called the "Government"), and WHEREAS, it is recommended that the pending proposed First Amendatory Contract amending Neighborhood Facilities Grant Contract, No. NFP-AR-06-37-1007, dated March 23, 1973, by and between the CITY OF WEST MEMPHIS, ARKANSAS (herein called the "Public Body") and the UNITED STATES OF AMERICA (herein called the "Government"), be in all respects approved, and W + S, the Mayor of the CITY OF WEST PHIS, ARKANSAS, needs the authority to execute the amendatory contract in three C3) counterparts on behalf of the Public Body and the City Clerk of the CITY OF WEST MEMPHIS, ARKANSAS needs the authority to impress and attest the official seal of the Public Body on each counterpart and to forward such counterparts to the Department of Housing and Urban Development for execution on behalf of the Government, together with other documents relative to the approval and execution of such counterparts as may be required by the Government; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF 1n1EST MEMPHIS, ARKANSAS: 1. That the pending proposed First Amendatory Contract, amending Neighborhood Facilities Grant Contract, No. NFP-AR-Ob-37-1007, dated March 23, 19?3, by and between the CITY OF WEST MEMPHIS, ARKANSAS (herein called the "Public Body") and the UNITED STATES OF AMERICA (herein called the "Government") is hereby in all respects approved. IG3 2. That the Mayor of the CITY OF WEST MEMPHIS, ARKANSAS be authorized and directed to execute the amendatory contract in three (3} counterparts on behalf of the Public Bock, and the City Clerk of the CITY OF WEST MEMPHIS, ARKANSAS be hereby authorized and directed to impress and attest the official seal of the Public Body on each counterpart and to forward such counterparts to the Department of Housing and Urban Development for execution on behalf of the Government, together with other documents relative to the approval and execution of such counterparts as may be required by the Government. 3. That this resolution shall take effect immediately. Alderman Grimsley was execused from the meeting. Alderman Smith moved that the foregoing Resolution be adopted as introduced and read, which motion was seconded by Alderman Bentley, and upon vote, the voting was as follows: Ayes: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Harris, Hightower, and Horton. Nays: None. The Mayor thereupon declared said motion carried and said Resolution adopted. Mr. Jerry Musick, manager Big Star Foodeteria, 111 N. Missouri, was commended for closing the store on Sundays in compli~tce with City Resolution No. l~78 recommending all businesses close on a voluntary basis on Sunday. Mr. Musick elabored on closing of businesses. After discussion, City Attorney Smith was requested to obtain copy of the Little Rock ordinance pertaining to Sunday business closings. A five minutes recess was declared. The meeting was called to order by Mayor Rodgerss who announced bids for addition and alterations to West Memphis Public Library in acco~lance with bid Notice published in the Evening Times on February 20, 27, and March 6th will be opened. The bids were read by Mr. Pat Magruder of Magruder-Froning Architects as follows: BIDDER BASE BID ALTERNATE #1 ALTERNATE #2 Natomas Development Corp . $10l~, 000 $!t, 000 Spencer Anderson and Son 119,300 3,995 Heath & Scarbrough 113,952 3,757 Grinder Bros. Constr. Co. 115,23 3,385 $12,200 21,000 18,225 21, 381 After consideration of the bids-and recommendation of the Architect, motion was made by Alder min Smith, seconded by Alderman Hutcherson: Authorize Architect to award bid to Natomas Development Corp. include Alternate No. 2 and Deduct Alternate #1. Upon vote, the voting was as follows: Ayes: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Harris, Hightower, and Horton. Nays: None. Mr. Magruder informed the Council bids for the Auditorium will be received on March 21st, blue prints are available, and the model of proposed construction is ~Rts~~played at the Holiday P1az~~Ma1~.,td the banks. Also, ~derman Bentley, airman of the proposed City Hall/is wor~i:ng with the Architect and contacting Department heads. Mayor Rodgers requested P. G. Para of the Utility Commission to work with the Architect on removing utilites from the proposed site. is4 Mr. Morris Fair of United Municipal Investment Corporation discussed with the Council pending litigation involving the Utility Commission and status of the utility revenue bonds. The Mayor stated that consideration should be given to an ordinance authorizing the issuance of public utility revenue bonds. This was a matter with which the Council was familiar and after a discussion, Alderman Dickerson introduced an ordinance entitled: "An Ordinance Authorizing The Issuance Of Public Utility Revenue Bonds For The Purpose Of Financing The Cost Of Constructing And Equipping Public Utility System Improvements At The City Of West Memphis, Arkansas; Providing For The Payment Of The Bonds; Prescribing Other Matters Relating Thereto; '~nd Declaring An Emergency", and the City Attorney read the ordinance in full. Alderman Hutcherson, seconded by Alderman Smith, moved that the rule requiring the reading of an ordinance or resolution in full on three different days be suspended and that the ordinance be placed on its second reading. The Mayor put the question on the adoption of the motion and the roll being called, the following voted: Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Harris, Hightower, and Horton and the following voted Nay: None. Thereupon the Mayor declared that at least two-thirds of all members of the Council having voted in favor of the motion to suspend the rule, the motion was carried and the rule suspended. The ordinance was then read by the City Attorney. . Alderman Payton, seconded by Alderman Bentley, then moved that the rule requiring the reading of an ordinance in full on three different days be further suspended and that the ordinance be placed on its third reading. The Mayor put the question on the adoption of the motion and the roll being called the following voted r- Aye: Aldermen: Hutcherson, Payton, Sm3.th, Bentley, Dickerson, Harris, Hightower, and Horton and the following voted Nay: None. The Mayor declared that at least two-thirds of all members elected to the Council having voted in favor of the motion to suspend the rule, the motion was carried and the rule suspended. The ordinance was then read by the City Attorney. Alderman Harris, seconded by Alderman Hightower, moved that the ordinance be adopted. The question was put by the Mayor on the adoption of the motion and the roll being called, the following voted; Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Harris, Hightower, and Horton and the following voted Nay: None . Alderman Horton, seconded by Alderman Dickerson, moved that Section 20, the emergency clause, be adopted, and on roll call the following voted: Aye: Aldermen: Hutcherson, Payton, ~i.th, Bentley, Dickerson, Harris, Hightower, and Horton and the following voted Nay: None . The Mayor thereupon declared the ordinance and the emergency clause adopted and signed the ordinance, which was attested by the City Clerk and impressed with the seal of the City. The ordinance was given No. ~~99. The ordinance read as follows: ,, ~~ 6 (i ~ ~ ORDINANCE NO. ~_~ i F AN ORDINANCE AUTHORIZING THE ISSUANCE OF PUBLIC UTILITY REVENUE BONDS FOR THE PURPOSE OF FINANCING THE GOST OF CONSTRUCTING AND EQUIPPING PUBLIC UTILITY SYSTEM IMPROVEMENTS AT THE CITY OF WEST MEMPHIS, ARKANSAS; PROVIDING FOR THE PAYMENT OF THE BONDS; PRESCRIBING OTHER MATTERS RELATING THERETO; AND DECLARING AN EMERGENCY. WHEREAS , the City of West Memphis , Arkansas (the "City") , owns and operates electric faciiitie s , waterworks facilities and sewer facilities a s one inter-related municipal undertaking, the facilities of which constitute the City's Public Utility System (a 11 of the facilities v~ill be herein some time s referred to a s the "System"}; and s+! WHEREAS, the City has determined that the constructing of improvements consisting of extensions to the waterworks facilities and sever facilities and T related improvements (the "improvements") are necessary; and WHEREAS, the total estimated cost of the improvements is approximately $1 , 990 , 000 and in order to finance the improvements , it is necessary that the City issue Public Utility Revenue Bonds in the principal amount of $ l , 000 , 000 , . , the balance _of the costs being provided by a grant or grants from.an as~ency or agencies of the United States; and WHEREAS, the City has advertised the public sale of its $I,000,000 in principal amount of Public Utility Revenue Bonds (the "bonds") and at the sale Powell & Satterfield , Inc. , Rauscher, Pierce & Cornpany, A . S. Hart & Company _ and W . H . Satterfield & Co . (the "purchasers ") bid and offered the price of par plus accrued interest plus a premium of $2,975 for bonds bearing interest at the rate of 4.90% per annum, an effective rate. of 4.5796% per annum, and this being. the best bid , the bonds were sold the the purchasers at that price; . ~ nd A l 6 (i Page 2 WHEREAS, pursuant to the authorization in the Notice of Sale the purchasers have elected to convert the $1, 000, 000 of bonds bearing interest at the rate of 4.90% per annum to an issue of $1,023,575 of 4-3/S%, 4-1/2%, 4-S/8% and 4-3/4% bonds, hereinafter described in detail, and the City has examined the conversion and has. found it to be in accordance with the Notice of Sale :and that by virtue of i t the City will receive no less and pay no more than it would receive and pay if the bonds were not converted . -~ NOW, THEREFORE, BE IT ORDAINED by the City Council. of the City of T; West Memphis, Arkansas: Section 1 . The improvements shall be accomplished , and-the Mayor and City Clerk are hereby authorized to execute such documents -and writings .~`» and to take such other action as may be necessary or appropriate thereto. The Council hereby finds and declares that the period of usefulness of the improvements will be more than forty (40) years, which is longer than the term of the bonds . Section 2 . The sale of the bonds to the purchasers a s set forth above , and the conversion of the bonds , a s set forth above , is hereby approved and confirmed . Section 3. That the City has outstanding ant.a,ssue of Sewer Revenue Refunding and Improvement Bonds, dated June 1, 1945, authorized by Ordinance No, 107 of the Ordinances of the City, ~~dopted and appra~jed on July G, 1945 and ar. issue o{ Sewer Revenue Bonds dated I~ugust 1, 1949, author~.zed by Ordinance No. 171 of the Ordinances of the City, aciopficd-and approved on September 9, 1949 (herein sometimes referred to as the "194:5 and 1949_ Sewer Bonds"~ . In addition, the City has outstanding an issue of Public Utility Bonds dafied May 1, x954, authorized by Ordinance Na. 275 of the Ordinances of the City, adopted and approved on May lII, 1954 (heroin sometimes referred to as the "1954 Utility Bonds"); and the City has outstanding an issue of Public Utility ~.~ Bonds dated 11pri1 1, 1956, authorized by Ordinance No. 316 of the Ordinances of the City, adopted and approved on March 15, 195G, as amended (herein j __li __ Page 3 sometimes referred to as the "1956 Utility }3onds"}; and the City has outsfiazzding an issue of Public Utility Bonds dated July 1, 19 G3 , authorized by Ordinance No. 437 of the Ordinances of tho City, adopted and appro~~ed on June 20, 1963 (herein .sometimes referred to as the "1963 Utility Bonds"}; and the City has outstanding an issue of Public Utility Bonds dated June 1, 1.967, authorized by Ordinance No. _ 526 of fine Ordinances of the City, adopted and approved on April 20,. 1967 (herein someti~~~les referred to as the"1967 Utility Bonds"}; and the City has outstanding . 1 _ an issue of Public Utility Bonds dated May ? , 1968, authorized by Ordinance No. 563 of the Ordinances of the City, aU.opted and approved on June 6,. ~968~, as amended b~r~ Ordinance No. 564 of the Ordinances of the City, adopted and approve on July 2 , 196 8 (herein sometimes referred to a s the " 1968 Utility Bond s"}; and the City has outstanding an issue of Public Utility Bonds dated October 1, 1971, authorized by Ordinance No . 6 9 9 of the Ordinances of the City adopted and approved on October 7 , 19 71 (herein sometimes referred to a s the "19 71 Utility Bonds") . The 1971 Utility Bonds , the 1968 Utility Bonds , the 1967 Utility Bonds , the 1963 Utility Bonds and the 1956 Utility Bonds are issued on a parity of security with each other and with the 1954 Utility Bonds . The applicable provisions of Ordinance Nom. 275, Ordinance No. 5-26, Ordinance No. 563 and+Ordinance No. 699 permit the issuance of additional parity bonds . It~s~ hereby found and declared that the conditions set out in Section 17 of Ord~.nance No, 275, in Section 17 of Ordinance No. 526, in Section 10 of Ordinance No. 563 and in Section 1Q of Ordinance No. 699 have been fully met and complied with and that, therefore, the . bonds now being issued are issued on a parity of pledge., lien and .security on the system revenues and on the System with the outstared ing bonds of the 1954 x Utility Bonds , the 195 6 Utility Bonds , the 1963 Utility Bonds , the 1967 Utility Bonds, the 1968 Utility Bonds and the 1971 Utility Bonds. As in the case of the -1954 Utility .Bonds , the 1956 Utility Bonds , the 1963 Utility Bonds, the 1967 Utility Bonds , the 19 6 8 Utility Bonds , and the 19 71 Utility Bonds , with which these bonds are being issued on a parity, the pledge, lien and security in favor 1BS Page 4 of the bonds now being issued is subject to the prior and superior pledge and lien of the 1945 and 1949 Sewer Bonds (to the extent of the pledge of revenues made to the 1945 and I949 Sewer Bonds by the Ordinances authorizing their issuance}. Also, it is recognized that the City has made a conditional pledge of electric revenues to a n issue of Swimming Pool Revenue Bonds of the City d a ted March ]. , 1955, as set forth in Section 14 of Ordinance No. 295 of the Ordinances of the City adopted and approved on February 1, 1955, and nothing in this Ordinance shall be cons trued a s impairing that cond itiona 1 pledge of electric revenues to the extent, and only to the extent, that the conditional pledge in favor of the March 1, . s V 1955 Swimming Pool Revenue Bonds may be determined to be applicable to the pledge of System revenues in favor of the bonds now being issued . Section 4. Under the authority of the Constitution. and laws of the State ~~ of Arkansas, including particularly Act No. I31 of the Acts of Arkansas of 1933, as amended , Act No. 132 of the Acts of Arkansas of 1933 , as amended , and the applicable decisions of the Supreme Court of the State of Arkansas, including particularly City of Harrison v' . Bra swell, 209 Ark. 1094 , 194 S . W, 2d 12. Public Utility Revenue Bonds (the "bonds" or the "1973 Utility Bonds "} are hereby. authorized and ordered issued in the principal amount of $I,023,,57~,for the purpose of accomplishing the .improvements and pay~:rig necessary expenses incidenta i thereto and to the authorization and issuance of the bonds . The band s shall be dated December 1, 1973, with interest thereon payable semiannually on June 1 and December 1 of each year, commencing June I., 1974. The bonds shall be numbered consecutively from 1 to 208, inclusive , and the bonds shall be in the denomination of $5,000 each, except Bonds Nos. 13, 14 and 15, which shall be in the denomination of $1, 000 each and Bond No . 16 , which shall be in the d eno- urination of $575. The bonds shall mature on December 1 of each year and shall bear interest at rates as follows: I (~~ __ Page S YEA R ~' 1981 1982 1983 1984 1985 1986 1987 1988 ~~ f: 1989 1990 ? 1991 i i f ~~ INTEREST F.~1TE 4,375% 4,375% 4 .50 4.50 4.50 4,625% 4,625% 4..75 4,75 4 , 7 5 °% 4.75 PRINCIPAL $ 63 , 5 75 ' 45,000 50,000. 60,000 65,000 65,000 i 75 , 000 100,000 150, 000 150,000 204,000 1t0 Page 6 The bonds sha 11 be negotiable coupon bonds payable to bearer but subject to registration as to principal or as to principal and interest. Principal and interest are payable at the principal office of The Farmers & Merchants Bank, Stuttgart, _. Arkansas (the "Trustee" and "Paying Agent"}. Payment of interest when registered as to interest may be by check or draft mailed to the registered owner at the address shown on the registration book of the City maintained by the Trustee. The bonds shall be subject to redemption prior to maturity.as ~~, hereinafter set forth. ~ . Section 5. The. bonds shall be executed on behalf of the City by the Mayor and City Clerk and shall have impressed thereon the seal. of the City. The bonds may be signed by the facsimile signature of .the Mayor but must be signed by the ma nua 1 signature of the City Clerk . The interest coupons attached to the bonds may be signed by the facsimile signature of the Mayor, The bonds, together with interest thereon, shall be payable solely out of the 1967 Public Utility Bond Fund, a s hereinafter set forth , and sha 11 be a va lid claim of the holders thereof only against such fund and the amount of revenues pledged thereto, which revenues are hereby pledged and mortgaged for the equa 1 and ratably pay- ment of the bonds on a parity of pledge , lien and security with the 1954 Utility Bonds , the 19 S 6 Utility Bonds , ~ the 19 63 Utility Bonds , the 196 7 Utility Bonds , _..~:. the 1968 Utility Bonds and the 1971 Utility Bonds and shall be used for no other purpose than to pay the principal of and interest on the bonds, except as otherwise specifically provided in this Ordinance . The bonds and interest thereon shall .~~ not constitute an indebtedness of the City within any constitutional or statutory limitation. Section 6 . The bonds shall be in substantially the following form, and the Mayor and City Clerk are hereby expressly authorized and directed to make all recitals contained therein: i i t71 UNITED STATES Ole' AMERICA STATE OF ARI~INSAS COUI~TTY OF CRITTENDEN CIZ~' OF V~TEST MEMPHIS PUBLIC UTILITY REVENUE BOND No. KNOW ALL MEN BY THESE PRESENTS: That the City of West Memphis, County of Crittenden, State of Arkansas (the "City"), acknowledges itself to owe and for value received, hereby promises to pay to bearer, or if this bond be registered to the registered owner hereof, solely from the special fund provided as hereafter set forth, the principal sum of DOLLARS in lawful money of the United States of America on the first day of December, 19 ,and to pay solely frori that special fund interest hereon at the rate. of percent ( %} per annum, from date until paid , Interest is payable semiannually on June 1 and December. 1 of each year, commencing June 1, 1974. Principal and interest are payable at the principal office of The Farmers and Merchants Bank, Stuttgart, Arkansas (the "Trustee" and "Paying Agent"} , Payment of interest, when registered a s to interest, may be by check or draft mailed to the registered owner at his address reflected on the registration book of the City maintained by the Tru~t~e as bond registrar, This bond is one of an issue of City of West Memphis, Arkansas Public Utility P.evenue Bonds, aggregating One Million Twenty-Three Thousand Five Hundred Seventy-Five Dollars ($I,023,575} in principal amount, dated December I, F 1973 (the "bonds") , numbered from 1 to 208 , inclusive , all of like tenor and effect, ._ i except as to number, denomination, rate of interest, maturity and right of prior `~ redemption, and are issued for the purpose of constructing extensions, betterments and improvements (the "improvements") to the Electric, V1Taterworks and Sewer facilities of the City (which facilities are operated as a single, integrated municipal undertaking (the "System")) and paying necessary expenses incidental thereto and to the issuance of the bonds. a 172 Page 8 The bonds are issued pursuant to and in full compliance with the Constitution and Laws of the State of Arkansas , including particularly Act ,. No. 131 of the Acts of Arkansas of 1933, as amended, Act No. I32 of the Acts of Arkansas of 1933 , a s amended , and applicable decisions of the Supreme Court of Arkansas, including particularly City of Harrison v. Braswell, 209 Ark. 1jJ94, 194 S.W. Zd 12 {1946), and pursuant to an Ordinance of the City Council duly adopted and approved , and d o n of constitute a n indebtedness of the City within any constitutional or statutory limitation. The bonds are not general obligations of the City, but are special obligations payable solely from the revenues derived from the operation of the System . The. pledge of revenues., securing these bonds is on a parity of pledge and security with the pledge of _ revenues securing the Public Utility Bonds of the City dated .May 1, 1954 , the Public Utility Bonds of the City dated April l , 1956 , the Public Utility Bonds of the City dated July 1, 1963 , the Public Utility Bonds of the City dated June 1, 1967, the Public Utility Bonds of the City dated May 1 , 1968 and the Public Utility Bonds of the City dated October 1, 197I, but is subordinate to the pledge securing certain outstanding Sewer Bonds of the City and , to the extent _ _ _. .. ., applicable , to the conditional pledge of electric reve-Hues securing an issue of swimming pool revenue bonds of the City) , described in the Authorizing Ordinance, An amount of System revenues sufficient to pay the principal of and interest on the bonds is to be set aside in a special fund for that purpose identified a s the " 1967 Public Utility Bond Fund " (the "Bond Fund " ) , created by Ordinance No . 5 2 6 , duly adopted and approved April 2 0 , l 9 6 7 , a s amended by subsequent ordinances, particularly Ordinance No, ,duly adopted and approved on the day of 19 74 (the "Authorizing ' Ordinance "} under which the bonds are authorized to be issued .and to which reference may be. had by any interested person for a statement of the nature - and extent of the security and the rights and obligations of the City , the Page 9 Trustee and the holders of the bonds . The City has fixed and has covenanted and agreed to maintain rates for the services of the.System which shall be sufficient at all times at least to provide for the payment of the reasonable expenses of operation and maintenance of the System, provide for the payment of principal, interest, and Trustee's and Paying Agent's fees of ali bonds to which payments • must be made to satisfy pledges of System revenues , including specifically the bonds of this issue , and; make required deposits for the depreciation of the System. The bonds are subject to redemption prior to maturity , a t the option of the City, in whole or in part, with there to be no partial redemption of any band , in inverse numerical order, at a price of the principal amount of the bonds being redeemed., plus accrued interest to date of redemption, as follows: (1) from . proceeds of the bonds in excess -of the amount needed to accomplish the improve- ments, on any interest payment date; and (2) from funds from any source, on any interest payment date on and after December 1, 1983. Notice of the call for redemption shall be published one time in a newspaper of general circulation throughout the State of Arkansas published in the City of Little Rock, Arkansas., giving the number and maturity of each bond being called , with the publication to be at least fifteen (15)~-days prior to the redemption date, and after the date - .. I -.gyp' . - fixed for redemption each bond so called shall cease to bear interest, provided funds for its payment are on deposit with the Paying Agent at that time. In addition, notice shall be given by certified or registered mail to the registered owner of each bond registered a s to principa 1 a t the address of such owner reflected on the bond registration book of the bond registrar, and if all outstanding • I • bonds shall be registered as to principal notice by certified ~or registered mail • I to the registered owners thereof a s afore said shall be sufficient, and it shall not be necessary to publish notice of the call. ~- ~ ~ This bond may be registered a s to principal or a s to principal and interest and may be discharged from such registration in the manner, with the effect, and subject' to the terms and conditions endorsed hereon. Subject ~a tie prows-ions .. ' ~ ~ `A i i 179 Page 10 for registration end orsed hereon, nothing contained in this bond or in the Authorizing Ord finance shall affect or impair the negotiability of this bond , and this bond shall be deemed a negotiable instrument under the laws of the State .~. of Arkansas and issued with the intent that the laws of the State of Arkansas will govern its construction. This bond sha 11 not be valid until it sha 11 have been authenticated by the certificate hereon duly signed by the Trustee. • IT IS HEREBY CERTIFIED, RECITED AND DECLARED that alt acts, conditions and things required to exist, happen and be .performed precedent to and in the issuance of this bond have existed , have happened and have been ,.,performed in due time, form and manner, as required by law; that the indebtedness i represented by this bond and the issue of which it forms a part does not exceed any constitutional or statutory limitation; and that sufficient revenues derived from the operation of the System have been pledged to and will be set aside for the payment of the principal of and interest on all bonds to which payments must be made including the bonds of this issue. IN WITNESS WHEREOF, the City of West Memphis, Arkansas, by its City Council, has caused this bond to be signed by the facsimile signature of the Mayor and the manual signature of the City Clerk, and sealed with the _.~-_.. corporate seal of the City, and has caused the coupons attached hereto to be executed by the facsimile signature of the Mayor , a lI a s of the first d ay of " December, 1973. CITY OF WEST MEMPHIS, ARKANSAS ATTEST: i .~ City Clerk (SEAL) By (Facsimile Signature ) Mayor t75 • ~: _; f (Form of Coupon) No. $ June , " On the first day of December, 19 ,the City of West Memphis, Arkansas, _ ~~. unless the bond to which this coupon is attached is paid prior thereto, hereby promises to pay to bearer, solely out of the funds specified in the bond to which this coupon is attached DOLLARS in lawful money of the United States of America at the principal office of The Farmers & Merchants Bank, Stuttgart, Arkansas, being ( } months' interest then due on its Public Utility Revenue Bond, dated December 1, 1973, and numbered _ __ - ~ - _ -- CITY OF WEST MEMPHIS, ARKANSAS By (Facsimile Signature) - Mayor On each bond shall appear the following: CERTIFICATE - Thi s-is to certify that this is one of the City of West Me-mphi~ , Arkansa s _-~-.. Public Utility Revenue Bonds, dated December 1, 1973, ~rnentioned and described within . ~ " THE FARMERS & MERCHANTS BANK STUTTGART, ARKANSAS By (Authorized Signature) i7s Page ~. 2 PIZOVISZONS rOl~ IZ~C~zS`I.'1:11'i'ION ~~TD r,~coNVrrs~~ - _ `l.'I1is bond may. be registered as to principal alone on City, maintained by"tile Trustee as bond registrar, upon presentation hereof ..._ to the bond registrar, ~vhicli. shall make mention of such registration in the registration blank below, and this bona nzay thereafter be transferred only upon an assignment duly executed by the registered owner or his attorney or legal representative in such form a s shall be satisfactory to the bond registrar, such transfer to be made on such booms and endorsed hereon by the bond registrar. =-~uch transfer may be to .bearer, and thereafter transferability by delivery shall be restored, but this bond shall again- be subject to successive . registrations and transfers as before. The principal of this bond, if registered, unless x~gistered to bearer, shall be payable only to or upon the order of the registered owner or his legal representative. Interest accruing on this bond will be paid only on presentation and surrender of the attached interest coupons as they respectively become due, and notwithstanding the registration of this ' bond as to principal, the appurtenant interest coupons shall remain payable to bearer and shall continue to be transferable by delivery; provided, that if upon registration of this bond, or at any time thereafter while this bond is registered ., in the name of the ov~rner, the unmatured coupons attached evidencing interest to be thereafter paid hereon shall be surrendered to said bond registrar, a• statement to that effect will be endorsed hereon by the bond registrar and thereafter interest evidenced by such surrendered coupons may be paid by check or draft of the bond registrar at the tinges provided herein to the registered owner of this bond by mail to the address shown on the registration books. This bond when so converted into a bond registered a s to both principal and interest may be reconverted into a coupon bond at the written request of the registered K i, • ~ - • __ 1 ~~ ~~~ __. . ~ ~ ~, .. +~'~ ~ ~~~~ , Page 13 ~. owner and upon presentation alt the office ~f said bond registrar. ` ~J`~~on such ~cconversion the coupons represeritir~g tl~e interest to becomo due`''thereafter !~ to the date of maturity ~^~ill ac,~ain be attached to this bond and a statement ~,; - .. V .will be endorsed hereon by t11e bond registrar in the registration blank below whether it is then registered as to princa.pal or payable to bearEr. . ~-r ., ~, i7a Page 14 ,. 1 x ti , ~• 1 Scr,~-ia-~ ~7'. ~f The rates to be charged for electric services fur- Wished by the System, the rates to be charged for- water services furnished by the System, and the rates to be charged for sewer ser_viccs iurrii~Iled by the System by all, heretofore adopted and presently effective ordinances of the ~~ City Council, and the conditions, riy~~~ts and obligations pertaining thereto, as set out in those ordinances , are hereby ratified, confirmed .and continued. The City covenants and agrees that the rates shall never be reduced , while ar~y of the bonds are outstanding unless there is obtained from an indeper_- ~~ _ dentlcertified public accountant a certificate that the- net revenues of the System i J ~ ~, -~ i {net revenues being defined as gross revenues less the expenses of_ operation _ x and maintenance of the System, including all expense items properly attributable to the operation and maintenance of the System under generally accepted account- f -- ing principles applicable to municipal electric, ~ti~atervtJorks and sewer systerns} , I witl~ the reduced-rates, will always be equal to the amount required to be set aside for the Depreciation Fund, and the amount necessary to comply tivith alI ' 1 w i conditior-~'al pledges of any System revenues (on the assumption all payments will have to be made to the full. extent of the conditional pledges) , and leave a balance equal to the ar-mount necessary for paying pri.nc~pal and interest ~~Jhen clue of the 1945 and 1949 Sewer Revenue Bonds, plus at least 200% of the aggregate average • f, v annual principal and interest requirements on all outstanding bonds of the 1.954. Utility Bonds, 1956 Ut:.lity Bo:~ds, 1963 Utility Bonds, ].967 Utility Bonds, the 1968 Utility Bonds , the 1971 Utility Bonds and the bonds of this issue and the bonds of any subsequent parity issue . The City further covenants and agrees that -the rates sha 11 when necessary , from time to time , be increased in a n amount t which will produce net revenues at least sufficient to provide the required deposit into the Depreciation Fund , comply with all conditional pledges of any System ~. revenues, and leave a balance equal to the amount necessary for paying principal and interest when d ue of the 1945 and ~~1949 Sewer Revenue Bonds ,and meeting G .. F sF „'~ X ~ . ~ , w . , all principal and interest requirements of the 1954 Utility Bonds, 1956 Utility Bonds, 1963 Utility Bonds, 1967 Utility Binds, 1968 Utility Bonds, the ;1971 t /~ ,/ Q _.. -_... _~_ ~_...al __ Page 15 ' Utility Bonds , the bonds of this issue and the bonds of any st.~bsequent parity ,,}} ~Cc , °J J ~" .F..t.'} Y ~ . _ irk issue and maintain all funds in connection therewith ~a~.,`t`he required .level, Section £3. None of the facilities or services afforded by the System shall..be furnished without a charge being made therefor. In the event that the City or any department, agency or instrui~lental~ty Thereof shall avail itself of the facilities and services afforded by the System, the reasonable value of the services or facilities so affordedhall be charged against the City or such depart- ment, agency or instrumentality and si~~all be paid for as t~~e chaxges therefor accrue. The revenue so received shall be deemed tv be revenues derived .from ~~... the operation of the System and shall be used and accounted for in the same man~~er as any other revenue derived from fihe operation of the System, provided, ho~j~ever, that nothing herein shall be construed as requiring the City or any department, agency or instrumentality thereof to avail itself of the facilities or services afforded by the System. r A - Section 9. The System shall be conTinuously operated as a revenue producing undertaking, and alI moneys received from its operation shall be deposited in such depository or depositories for the City as may be lawfully ~- designated from Time to time by fihe Council, subject, hav,rever, to. the~-giving of . i q'. - security as nova or as hereafter may be required by l.av~, and provided that such depositories shall hold membership in the Federal Deposit Insurance Corporation. Section I0. Since the bonds are being iss;:ed on a parity of security wi.Th the outst~~ lading 1954 Utility I3o11ds , the 1.956 Utility Bonds , the 1963 Utility Bonds, the 1967 Utility Qond s , the 1968 Utility Bonds and the 1971 Utility Bonds, -.the bonds are to have the benefit of and are to be governed by the :~: ord ina~ce s authorizing and directing the issuance of those bonds , includ i:ng pa~rtxicularly Ordinance No. 526 authorizing the 1967 Utility Bonds, because Ordinance No. 526 deals comprehensively with all aspects of the System and its operation E . and with the collection, depositing, securing., investing and disbursing of System T Z...~ revere:ues; .and with `the rights and obligations of the City and the bondholders.. . ' • ,~f~# ' >. .' Therefore, to .this`~~nd, tha applicable rovisions of Ord in n P a ce No. 526., ~{as 180 Page I6 amended by Ord inas~oe~s~~~l~Io. 56~ and~r564, autho~`zir"i~"`die 1968 Utility Bonds, and Ordinance No. 699, authorizing the 1971 Utility Bonds) including without limitation, Sections 7, 8, 9, 10, 11, 12, 13, (as hereinafter supplemented), 14, 15, 16, ~.. 17 (with the bonds to be inserted so that the last part of the next to last sentence will read" ... plus 150% of the maximum annual combined principal and interest i requirements in any year on all outstanding bonds of the 1954 Utility Bonds, the 1956 Utility Bonds , the 1963 Utility Bonds , the 1967 Utility Bonds , the 1968 Utility Bonds , the 19 71 Utility Bond s a nd the 19 73 Utility Bonds and the bonds of the then proposed parity issue . ") , 18 , 19 , 2 0 , 21, 2 2 , 2 3 , 2 4 , 2 5 , 2 7 (the re"serve shall be maintained at the required level of $252 , 000) , 28, 29 and 32 are incorporated herein by reference. i E Section 11. The 1967 Public Utility Bond Fund , created and being maintained pursuant to the provisions of Section I3 of Ordinance No. .526, as amended by Section 11 of Ordinance No. 563, shall be increased by the amount necessary to provide for the payment of the principal of, interest nn and paying agent's fees in connection with these bond s with the maturity schedule of these bonds (the 1973 Utility Bonds) being a s follows: - " c f' f ~.. ~. t ~. ~. 4 s 3 r f r e y f. t S p () 1 1974 ~ 1975 1976 1977 1978 " - 1979 1980 ` 1981 1982 1983 '1984 1985 'w 1986 1987 1988 1989 1990 1991 Page 17 INTEREST "` ~~ ~ PRINCIPAL '` ` 'June 1 s IDe~~~~~~ber 1 TOTAL 23,800.08 23,800.08 47,600.16 23,800.08 23,800.08 J47,600.16 23,800.08 23,800.08 47,600.16 23,800.08 23,800.08 47,600.16 23,800.08 23,800.0 8 47,600.16, 23,800.08 23,800.08 4 7,600..16 23,800.08 23,800.08 47,600.16 63,575 23,800.08.. 23,800.08 111,175.16 45,000 22,409.38 22,409.38 i 89,818.76 50,000 21,425.00 .21,425.00 92,850.00 60,-000 .-20,300.00 20,300.00 100,600.00 65,000 18,950.00 18,950.00 102,900.00 -~ 65,000 17,487.50 17,487.50 .99,975.00 75,000 15,984.38 15,984.38 106,968.?6 100,000 14,250.00 14,250.00 128,500.00 150,000 11,875.00 11,875.00 173,750.00 150, 000 8, 312.50 8, 312 .-50 `~ 166, 625.00 200,000 4,750.00 4,750.00 209,500.00' 1H2 Page 1~3 Section 12., When the bonds have been executed and the seal . ~, of the City impressed }ias herein provided, t}~ey shall be delivered to the Trustee, and the Trustee shall authenticate them and deliver t}1e~7i to the purchaser upon payment in cash of the pure}za se price of $1 , 002 , 975 plus accrued interest from .~. December 1, ].973 to the date of delivery called "total sale proceeds") . The Trustee shall handle the total sale proceeds as follows: (1) The Trustee shall deposit the amount of the accrued interest in the Bond Fund . t2) The Trustee shall pay expenses of the sale and issuance of the bonds as directed by a letter of delivery instructions signed by the Mayor and delivered to the Trustee . (3) The Trustee shall deposit the. remainder of the total sale proceeds in a special account in the name of the City designated "1.973 Public Utility Construction Fund" (called "Construction Fund"} which shall be established - and maintained in a depository designated by the City and holding membership in the Federal Deposit insurance Corporation. The moneys in the Construction Fund i~Z excess of the. amount i:~sured by the Federal Deposit insurance Corporation s shall be continuously secured by bonds or other direct or fully guaranteed obligations . _; of the United States of America, except that any moneys invested as hereinafter _.~ ._- -- authorized need not be so secured. The moneys in.. ~.e Construction Fund shall. be disbursed solely in .payment of the costs of accomplishing the improvements, ayi.ng necessary expenses incidental thereto and paying expenses of issuing 3 p the bonds not paid by the purchaser. Disbursements shall be on the basis of checks or requisitions which s}gall contain at least the following information: the erson to whom payment is being made; the amount of the payment; and the p purpose of general classification of the payment. Each check or requisition must be si ned by the individual occupying the top managerial position of the 9 System , and in the case of a 11 items of expense over which the Engineer sha 11 183 page 19 exercise supervision (which shall include all expenses except eng}veering fees, legal fees, and expenses pertaining to the issuance of the bonds) each check or requisition shall be accompanied by a certificate signed by the Engineer (or by a representative thereof designated by the Engineer) certifying approval thereof. In the case of requisitions, the depository shall issue its check upon the Construction Fund payable to the person, firm or corporation designated in the requisition. The depository of the Construction Fund shall be required to keep records as to all payments made on the basis of reouisitions, and the West Memphis Utility Commission shall keep records of all payments made on the basis of checks, When the improvements have been completed and all required expenses. paid and expenditures made from the Construction Fund for and in connection with the .accomplishment of the improvements and the financing thereof, this fact shall be evidenced by a certificate signed by the person occupying the top managerical position of the System and by the Engineer, which certificate shall state, among other things, the date of the completion and that all obligations payable from the Construction Fund have been discharged . A copy of the certificate shall be filed with tie depository of the Construction Fund , and upon receipt thereof the depository of the Construction Fund shall transfer any remaining balance in the - Construction Fund to the Bond Fund . Moneys held in the Construction may be invested indirect or fully guaranteed obligations of the United States, which mature or are subject to redemption at the option of the holder thereof prior to the time or times moneys will be needed for the accomplishment of the improvements. Section 13 . The Mayor is hereby d irected to publish for one insertion in which is hereby found and declared to be a newspaper published in the City and of general circulation therein, this Ordinance , to which sha lI be a ttached a Notice signed by him in _. substantially the following form: IS4 ~~: NOTICE Notice is hereby given that the City Council of the City of West .Memphis, Arkansas, had adopted the ordinance hereinafter set out; that the ~, City contemplates the issuance of the Public Utility Revenue Bonds described in the ordinance; that any person interested may appear before the Council ~~' on the day of , 1974 , at o'clock , m. , at the usual meeting place of the .Council held in the City and present protests. At such hearing all objections and ~~s~rggestions w=ill be heard , and the Council will take such action a s is deemed proper ix~>~ the premi`~~ ~ . ~ - y i DATED this day of 1974. 1 4 ~ 1 (((fffjjJj I Mayor 1f ~# .~ 1 s i k 1 t { 4. S ~. (t3 1:: t Y' ~~ ., Page 21 Section 14. The Trustee of the bonds issued hereunder shall be The Farmers and Merchants Bank, Stuttgart, Arkansas. The Trustee shall only be res- ponsi.ble for the exercise of good faith and reasonable prudence in the execution i .i. of its trust. The recitals in this Ordinance and in the face of the bonds are the recitals of the City and not of the Trustee . The Trustee shall not be required to take any action as Trustee unless it :shall have been requested to do so in writing by the holders of not less than ten per cent (10%} in principal amount of the bonds of this issue fihen p~utstanding and shall have- been. offered reasonable security and indemnity against the casts, expenses and liabilities to be incurred the-rein or thereby. The Trustee may resign at any time by ten (lp} days notice in writing to the City Clerk and the majority in principal amount of the holders of the outstanding bonds of this issue a t any time , with or without cause , may remove the Trustee . In the event of a vacancy in the office of Trustee , either by resignation or by removal, the majority in principal amount of the holders of the outstand ing bonds of this issue may appoint a new Trustee , such appointment to be evidenced by a written instrument or instruments filed with. the City Clerk. . If the majority in principal amount of the holders of the outstanding bonds of this issue shall .fail to fill a vacancy within thirty (30} days after the same shall. occur, then the City shall forthwith designate a new,Trustee by a written instrument filed in the office of the City Clerk. The original Trustee and. any successor Trustee shall file a written acceptance and agreement to execute the trust imposed upon it or them by this Ordinance, but only upon the terms and .conditions set forth in this Ordinance and subject to the provisions of this Ordinance , . to all of which the respective holders of the bonds agree . Such written acceptance shall be filed with the City Clerk and a copy thereof shall be placed in the bond transcript. Any successor Trustee shall have all the powers herein granted to the origina 1 Trustee . In the event of a cha nge in the office of Trustee , the old Trustee which has resigned or been removed sha 11 cease to be Paying Agent . ass Page 22 The Trustee shall be entitled to payment and/or reimbursement for its reasonable fees for services rendered hereunder and all advances, counsel fees and other expenses reasonably and necessarily made or incurred by the - .~. Trustee in and about the execution of the trusts created by this Indenture and ,~-; in and about the exercise and performance by the Trustee of the powers .and duties of the Trustee hereunder, and for all reasonable and necessary costs and expenses incurred in defending any liability in the premises of any character ' whatscever (unless such liability is adjudicated to have resulted from the ,~ ,~ .,_ negligence or wil if ul d e fa u~.t of tl~e ~'ru s to e) ~_ : _. , . Section l5. The City covenants that it will not take~any action or suffer ~~ or permit any action to be taken or condition to exist which causes or may cause r the interest payable on the bonds to be subject to federal income taxation. ~lVith-- out limiting the genera lity of the foregoing , the City covenants that the proceed s of the sale of the bonds will not be used directly or indirectly in such manner as to cause the bonds to be treated a s "arbitrage bonds" within the meaning of Section 163 d) of the Internal Revenue Code of 1954, as amended. Section 16. The provisions of this ordinance are hereby declared to ; be separable and if any provision shall for any reason be held illegal or invalid , such holding shall not affect the validity of the re_m~inder of the ordinance, Section 17. .All ordinances and parts of ordinances in conflict herewith are hereby repealed to the extent of such conflict. Section 18. The presently existing West Memphis Utility Commission sha Il continue in office and sha 11 continue to have charge of and sha Ii perform the rights , duties and obligations of the City under this Qrd finance with reference to the accomplishment of the improvements, the operation and maintenance of the System and the collection and handling of System revenues and shall have and exercise with reference to the System all authority and powers granted by the City Council and by applicable laws of the State of Arkansas. A i~7 Page 23 .. Section 19 . This ordinance sha 11 not give rise to any rights and no rights shall arise hereunder until the bonds authorized hereby are issued . Section 20. It is hereby ascertainEd and declared that the improvements must, be accomplished as soon as possible in order to make the System adequate for the needs of the City and its inhabitants , without which the life , health, ., ~~ ~ ~: safety and welfare thereof are jeopardized , and that the issuance of the bonds and the taking of the other action authorized by this Ordinance is necessary for the accomplishment thereof. I~ is, therefore;, .declared that an emergency exists a rid this Ordinance being necessary f or_~he immediate pre se rva Lion of ~- ,,~~ the public peace, health and safety shall take effect and be in force from and after its passage . Mr. Morris Fair discussed a 90 day extension pertaining to the bonds, thereupon, motion was made by hlderman Horton, seconded by Alderman Dickerson: That Morris Fair be authorized to extend bonds for 90 days if can work out an agree- ment with the Utility Commission. Upon vote, the voting was as follows: Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Harris, Hightower, and Horton. No : None . Mayor Rodgers informed the Council he had received a letter from the Housing Authority requesting the appointment of Mr. W. A. Crenshaw to replace Mr. J. 0. Spotts, who resigned. Motion was made by Alderman Smith, seconded by Alderman Hutcherson: Approve- appointment of Mr. W. A. Crenshaw to fill '~ the unexpired term of Mr. J. 0. Spotts. Upon vote, the voting was as follows: Aye: Aldermen; Hutcherson, Payton, Smith, Bentley, Dickerson, Harris, Hightower, and Horton. '' No: None. Alderman Dickerson brought to the Councils attention Mr. Rual Huddleston, had received permission to retain a trailer on the Coker Service Station. Property on~~. Broadway until September 15, 1973, however, the trailer had not been removed and permission is requested for an additional six months due to hardship involved and at that time the trailer will be sold or removed. Motion was made by Alderman Dickerson, seconded by Alderman Hutcherson: That six month permit be granted Rual Huddleston for trailer. During discussion of the motion Alderman Payton stated complaints she had received as to trailers, upon vote, the voting was as follows: Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Harris, Hightower, and Horton. No : None . IS8 Mayor Rodgers informed the Council would be necessary to waive rule to consider request for advertising for bids for street work. Motion was made by Alderman Smith, seconded by Alderman Horton: That waive rule to consider permission to advertise for street work and backhoe::equipment. Upon vote, the voting was as follows: Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Harris, Hightower, .and Horton No : None . Motion wa.s made by Alderman Smith, seconded by Alderman Hutcherson: That the Mayor be authorized to advertise for bids for asphalt and backhoe for the Street Department. Upon vote, the voting was as follows: Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Harris, Hightower, and Horton No: None. Mayor Rodgers presented a resolution authorizing application to the Arkansas Commission on Crime and Law Enforcement for grant funds to be used for the acquisition of equipment for the Bomb Squad of the Police Department, and George Craig of the Police Department and Jerry Chapple of the Fire Department have volunteered to attend training school. The City Attorney read the resolution. After consideration, motion was made by ~Ilderman Bentley, seconded by Alderman Dickersons That the resolution be adapted as presented. Upon vote, the vot3.ng was as follows: Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, .Harris, Hightower, and Horton No: None. The resolution read as follows: RESOLUTION N0. ?~82 A RESOLUTION~AUTHORIZING APPLICATION TO THE ARIUINSAS COMMISSION ON CRIME AND LAW ENFORCEMENT FOR GRANT FUNDS TO BE USED FOR THE ACQUISITION OF EQUIpI~+lENT FOR THE WEST MEMPHIS ARKANSAS POLICE DEPARTMENT WHEREAS, the Mayor of the City of West Memphis, Arkansas needs the authority to make application to the Arkansas Commission on Crime and Law Enforcement for funds to be used for the purpose of purchasing equipment for the Bomb Squad of the West Memphis Police Department for a total purchase cost of $15, 35l~.~, of which amount the sum of $768.00 will be provided by the City of West Memphis, Arkansas, and the sum of $13,819.00 will be provided from Federal Grant Funds. The state will ,provide the sum of $767.00. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS: Z. That the Mayor of the City of West Memphis, Arkansas, be authorized to make application to the Arkansas Commission on Crime and Law Enforcement for funds to be used for the purpose of purchasing equipment for the Bomb Squad of the West Memphis Police Department for a total purchase cost of $1.5,35.00 of which amount the sum of $768.00 will be provided by the City of West Memphis, Arkansas, and the sum of $1,819.00 will be provided from federal grant funds, and the state will provide the sum of $767.00. 2. That this resolution shall take effect immediately. ~t~ i5~ Mayor Rodgers brought to the Council's attention a Resolution to redesignate the Comprehensive Plan from residential to commercial. use that area along the east side of Missouri Street between Graham Street north to Ten Mile Bayou did not reach his office to be placed on the tentative agenda and the rule would have to be waived in order to present. Motion was made by Alderman Bentley seconded by Alderman Payton: That the matter be postponed for two weeks. Upon vote, the voting was as follows: A,ye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Harris, Hightower, and Horton No : None . City Attorney Smith advised the Council an amendment had been prepared for Ordinance No. 796 to be considered, and the matter had not been placed on the agenda. Motion was made by Alderman Smith, seconded by Alderman Hutcherson: That the rule be waived and amendment to Ordinance No. 796 be considered. Upon vote, the voting was as follows: A3ae: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Harris, Hightower, and Horton No : None . Alderman Horton introduced an -~=~~~ordinance entitled: "An Ordinance To Amend Section 5, Of Ordinance No. 796, Adoption By Reference Of The "Southern Standard Housing Code, 1973 Edition" for the City 0f West Memphis, Arkansas" and the City Attorney read the ordinance in full . Alderman Hightower, seconded by Alderman Harris, moved that the rule requiring the reading of an ordinance in full on three different days be suspended and that the ordinance be placed on its second reading. The Mayor put the question on the adoption of the motion and the roll being called, the following voted: Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, ~i.ckerson, Harris, Hightower, and Horton No: None. Thereupon the Mayor declared that at least two-thirds of all members of the Council having voted in favor of the motion to suspend the rule, the motion was carried and the rule suspended. The ordinance was then read the second time by the City Attorney. Alderman Bentley, seconded by Alderman Payton then moved that the rule requiring the reading of an ordinance in full on three different days be further suspended and that the ordinance be placed on its third reading. The Mayor put the question on the adoption of the motion and the roll being called the following voted: Aye: Aldermen: Hutcherson, Payton, Smith, .Bentley, Dickerson, Harris, Hightower, and Horton No : None . The Mayor declared that at least two-thirds of all members elected to the Council having voted in favor of the motion to suspend the rule,. the motion was carried and the rule suspended. The ordinance was then read the third time by the City ~ittorney. Alderman Smith, seconded by Alderman Hutcherson, moved that the ordinance be adopted. The question was put by the Mayor on the adoption of~the motion and the roll being called, the following voted: Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Harris, Hightower, and Horton No : None . Alderman Dickerson, seconded by Alderman Horton, moved that Section 1, the emergency clause, be adopted, and on roll call the following voted: Aye: Aldermen: Hutcherson, Payton, Smith, Bentley, Dickerson, Harris, Hightower, and Horton No: None. 190 The Mayor thereupon declared the ordinnance and the emergency clause adopted and signed the ordinance, which was attested by the City Clerk and impressed with the seal of the City. The ordinance was given No. 800. The ordinance read as follows: ORDINANCE N0. 800 AN ORDINANCE TO AMEND SECTION 5, OF ORDINANCE N0. 796, ADOPTION BY REFERENCE OF THE "SOUTHERN STANDARD HOUSING CODE, 1973 EDITION" FOR THE CITY OF WEST MEMPHIS, ARKANSAS. BE IT HEREBY ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS: Section 1. Section 5 of Ordinance No. ?96 is hereby amended to read as follows: "Section 5. Emergency Clause. It being found and determined by the City ..~_._ Council of the City of West Memphis, Arkansas that there is an immediate need for adopting a Code, namely, the "Southern Standard Housing Code, 1973 Edition", for the City of West Memphis, Arkansas, en emergency is hereby declared to exist and this ordinance shall be 3.n full force and effect from and after its passage and approval. ~~ Alderman Horton inquired as to status of ordinance requiring bonds from contractors duaing work when an emergency sitation exists. After discussion, Mayor Rodgers appointed a committee of Aldermen Horton, Mr. Robert Jontz, City Attorney Smith, and Building Inspector Avery to study the feasibility of the matter. Alderman Harris inquiring as to appropriation of funds for demolishing houses, and was informed information is being obtained for bids. Alderman Payton requested information on procedure of the Police Department in the matter of refrigerators brought to the Council's attention previously. The Mayor advised the Police Department has been checking and a number of refrigerators disposed of and others doors removed. A recheck is to be made and if action not taken by owners legal action will be taken. Alderman Bentley inquired as to erection of yield-right-away signs instead of stop signs, and discussed matter with City engineer Brawley. There being no farther business, the Council adjourned. ~' c i.FRK a~-~ YOR APPROVED MARCH 21, 197, MINUTES OF A REGtTLAR MEETIItiTG nF THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, HELD ~JN THE 21ST DAY OF MARCH, 197. The City Council of the City of West N!emphis, Arkansas, met in regular session at its regular meeting place ira. West Memphis, Arkansas at ~_:30 0' clock p.m ., on the 21st day of March, 197~t. The following were present: Mayor Tilden Rodgers; City Attorney Robert Smith; and Aldermen: Ann Payton, M. P. Scott, B. G. ~nith~ R. T. Bentley, Thomas D~.ckerson, D. M. Grimslev, W, L. Harris, J. E. Hightower, Pritchard Horton, and C. D. Hutcherson. Absent : 'done . The following proceedings were had to-wi.t: Mayor Rodgers announced the first order of business would be opening of bids for Civic Auditorium in accordance with Notice published in the Evening Times on March 6, 13, and 20th. Mr. Pat Magruder of Magruder- Froning, Architects, read the following bids: Base Bid W & W Construction Co. Memphis, Tenn. $.1,161,000 Alternates: 1 $9,500 2 - 3 61,000 !t 2l, 000 5 85,500 6 12,000 7 11,500 8 2,l~00 9 11,500 10 2,700 11 900 12 200 1.3 2, 700 1.t~ 1, 900 15 7,500 16 8,200 17 1.3, 000 Heath & Scarbrough Construction Co. West Memphis, Ark. $1,170,000 1 X58,000 2 - 3 57,000 !~ 11, 899 5 78,t~o5 6 30,132 7 11,000 8 3,207 9 31, 920 10 2,627 11 780 12 700 13 2,700 1!~ 1, 850 15 7,600 16 8,700 17 12,000 365 Days James H, Taylor & Sons Crawfordsville, Ark. $1,1lt9, 8l~8 1 $5? , 355 -8 j6 2 - 3 58,830 ~ 20,670 5 77,991 6 26,096 7 lo, 708 8 3,358 9 20,l~2~ 10 2,627 11 632 1~ 196 15 - $9,15 13 2, 692 16 - 8,t~22 11t 1,821 17 - 9,x.00 ;360 Days The bids beag in excess of funds allocated for the Civic Auditorium, motion was made by Alderman Grimsley and seconded: That the bids be taken under advisement. Upon vote, the voting was as follows: Aye: Aldermen: Payton, 'Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson No : None . Minutes of Meeting on March ?, 19?!~, were approved as read. Mayor Rodgers reported the bid of Tom Gibson Ford, Inc. for the Electric Inspector's car was accepted.. The Mayor presented. Certificate of Appointment to Mr. W. A. Crenshaw, who was appointed to the Housing Authority on March 7th. An ordinance entitled "An Ordinance To Amend Section IV Of Ordinance No. 260, Establishing Fees For Gas Installation" read the first time on February Zlst, and the second reading on March ?tai was presented for third reading by Alderman Dickerson. Gi~:~~torney Smith read the ordinance. Alderman Bentley, seconded by Alderman Dickerson, moved that the ordinance be adopted. The question was put by the Mayor on the adoption of the motion and the roll being called, the following voted; Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and .Hutcherson No : None . - The Mayor thereupon declared the ordinance adopted and signed the ordinance, which was attested by the City Clerk and impressed with the seal of the City. - The ordinance was g~ren No. 801., and read as lows: -7 ,~ ~ 7-• ~ ,l~ rah m r'-i~~f~ ,~Y=~'LY.1'.tCi1`I ..L ~r V.~~ O.~b.1.J.C1Jr''c.T;~v~i' 1111 C1y~tl~t~ J'J ~ O lir:., ,, .~-~ ~i'G, 2~0,, .~:~;.cr-..,?~.~~1~,~t1?'~~'G .~4.~~,~ .~4G,c~ G:.,.~ I1~%~.S.I'fi..~.v~f~.IG'i:T '-~ f-; _~ .~,, _._;~ l /~-*~1 / f- Tai -'7 r-,~••--r r`7 TT '? T, l?"~^~n'T F-f* ^ti .::'_:. = ~ c;~:_..a.11...f.11 .~ ~" 1.tx.., CI1 Y COUP . CI. %~ G'.:~ .~ ~ L CI11 Gr y:.~.s,~.c .i:c.:_,~ u .c'I.~ ~ 1.~ 'fS~a S: ~2CL' iCl; 1 • ti:TEC~iG7`l .Ilr C,f ~•'r i?^~ ~G~ %C. ~~Ut7 ZS rcerebJ L7;"?elr~?ed f.U "~ec~ior .ZV. f~;o~~ica~icr..=, =e;:.~~s. . .tee,;"c re .{Jetil?~si"Lira~ ~r~. ~~:~..~ ~:, _ :r;~ ~.~cr~ ir? ~~~e ~~itU c~° 1:'es~ ~'-er:}ohis, .. rr'-w ~scs;, ;;~e ~~ersor„ irstaZ?i~~ ~ _ ~..w?1 ~p~~.~~1~ tc ire .c'?~w~Lbir~ 1rs~ec~crs cr c~i~er ~e~ ;~f~a,te~l cam,; ieic~.? w•.~:: ~.. ~__y ~ w rer~mi ~ tc; dv suci~ u~or1~. Gn1~ wr:isU .~~rso ~s au~ ~orize~ to ~o _ -r ~ ~f :~~ be iss~Jecl perr,•ziis. ~. - r ::;' i cczt ic~t ~ or lzaerr,:i ~s ~~~.~_ _ w.. ~,k~'e or4 Sell tQ~./i~ fCr~:s ~'~'r`"CVi~e% ~.:.:~' ~:.:e .~=.%~~.,:~~zr:g Ins~;ec~or. rye ~-,:,_ ~~.~ is ~ s2tZ?1' be cxccor~~o~nieci ~~ ,fees ., ... C {: C ice.,, ., " .... Z~ l ~ ~ ts. %i e ,T ~.~ .I C L:1 ? f ~ f7 S y ;- ~~.~ t, sas r?~s~ e c ~ i c7i ~;~2. G~; i ~e r' ~1"~'i p~ fi ' ~ J,~Ch iiGS Gx~t3~ lfsy'7 y~~.. t. ~i 1i?; " ..:_'° i u ., C7? Z ~ j f'. C tJ,~ -L'i:.0 :JG.~..'_ U.;''C f %~~. i~ ~ % .r ~u. ~ ~ ire Crf~?"C)Cw ,j~C ~ c:: ~'•C!"i ,. ~~„i 4%~i:.:,~ %7'i. ~ C'lG t!'rFJ ;";LIT'2: 4J~ t;%?e ~1i;: 4Ca~~~' ..rYl3.rG'CvOr CCG.~:I.:~ei~ ,.3~ ;^eC~ i- ~'^%:CL' C,;% il:.C ~~Zl%':,~e7". it `___v <_j~ ~.s ~ ~1'.~y~w'r~'-ir~v ~r rr'~! LJ ~j ~r~'~Z~~r»~'i f.~~.~ Zn C~r~j .L Z~iZ l.~. Fi'rt~._ ~'..:., c,• ! . ~,: ?".. ' : ° 1"~~ a (-? :J E: G' .L E' G . ~.ti An ordinance entitled "An Ordinance To Regulate Fees Charged For Building Permits And Inspections Within The Corporate Limits Of The City Of West .Memphis, Arkansas" read the first time on February 21st, and the second reading on March ?th was presented for third reading by Alderman Hutcherson. City Attorney Smith .read the ordinance. Alderman Scott, seconded by Alderman Hutcherson moved that the ordinance be adopted. The question was put by the Mayor on the adoption of the motion and the roll being called, the following voted: Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson No : None . The Mayor thereupon declared the ordinance adopted and signed the ordinance, which was attested by the City Clerk and impressed with the seal of the City. The ordinance was given No. 802, and read as follows: T T~ ~il?L~: fi:.~C..~ 1 v L' . i'~1'i li1Ji.L..Lt ~ii:::.~ .L ~V .t.'.r~', L~rc:`.:_r.~ .v ^ .~.u (.•y1~ ~iL 1`~:1~} .L?C.~.t.ii~.i.~fs'.r J.,a:.':.11/J !'.ii..J .i1J.:J wCl.L~~Cl.'~;i E:1.-,11 ~t~~ r~~~~ ~ ~~... r";~'T °" f".'r'T -v fit+.-^~ ~i ~ i"! .-r/•! 1'~ ~ti/ ~v. ~ j y ~1 i :Ll .+• r:J C.C'• 11r1/ li 1.~~ ~~ ~/1' rf:.:~:.1 1::~1'~~,'~1 ~ e ^,--~ +,'T ~ ~->";~r m-^~ mf _ r. -n '-- ~ r,---~ )_~ T~ _!-l;ti'•1 ~ T ".rr ^r, t 1 G1:'Lr..11 ~t~.L/ 1j.7 ll~ii lr.L i i L~ C%~i:.' :r.i~ l/~ .L' 1~~.~i 1 .: ~J.~'r'i.:.,:..1 :wl'~...-'1~1 t/ ~ . ~. ~f ......;~: _..~ i r '~ '~_~c~_ 1. ~itQ~ a ,;"ee c,;' ~~ :;:; r-,;:,; :r c;1GC~,~s o??urs ~~. ~~ ~ 1~e ~:;_.-:; -,e~:: ,~Or .~ ~~i?:~ir~• ,e; r.i ~ ~':,'' :~~.~ ;.,_ .'cirgs u ~ .0 2j~ s~~. ,f i. e~" ~ 1 oor _ - <<~e ~~~::' iie crc;r~e c~" ~~:o ;::e.. ~s { ~;' j _ v r s,7. ,7`t. c„° ~"1 ecr s dace ~ or ^~11 ..: s. _ .,_,... _ ~o ~.~w ~,_clt.._,i,~., ~..,:;~_. ,~^. „~`;;. a12d ore any ,, -r~-.x1f cer~zs .~.: r.l•--r'~1 ,: 7' ~ ~, j"i~, c..''.r :.Lc._: ~,.,~ -= ~..,~ ~'i~_, .:~~'• ,T~.1 ii:,clt~:Cl.i[<.!7 basc,;:er~U "lccrs~. ~::~?a zr_clcsec' ,"locr ~,r~~s ~e:~su;e~ ~c e.~~ericr ~:.rce of buil~i~g :,:`-~' S. ..ire Secorcl j 1 COr i:JZ ~~ .~'O ~' i. y~.Lrc~ CI"a jeG~ i ELZ (1001"' area. .-~'.-~' ~'L ~ ~. R7'2° ~~/ ?'"C~ ~C~,;%':.S ~;a?1 !.7? 'llf'GB D~ il3c~ ~:.4i1d1;?2c3' aC:sS_':~'CO C'' l2tS :"2~1"2Se:'"z~~UZU? C Y ~~.i ?r2a:J buil~i:ays. u?r' G~ ?. t=1i j cwrtC'a:; t G%r :;rerCt:ir7 02" JaCt ing s!?aiZ ~.'2 iTZSp2Cte~' .w „{~~rO C~~'C.~,.~~ Ci~+ ~.:~~cre:,e• %i,'~ =7.-~~'tiiC.:.~.Cr~J [1JJ 4CG .S/ZClll D~ 40~ixfZG'tti' 1"L.~i.1. (~~ •.>:.:.1..., i3! L'G'r, Gr t:;.~ :~C~i!:: CS ~.'~vJlble, Crr%'(.CT C•rer:cne..~ care recxdu, ,blli. .t' •vN ~~e..;_~ U~ i.P~.~.~'. %L-, i~" ~~'.,a f... ;~vi:1~C.r Zv ui.:~...rJ~e 4L ~':~{~ Zrv~ 6~'iii..C~ Qn ~, y~ /:r~~'.'~M .~~... ..r.".. c.:..~'/.'. a. .~ ~.i4 ja .J~ `r/~.'~. i,i l.G L.. ~''r'~r .....G :.'L!L 1.~::'.I.V~~i.! ~Gl ~~ ~i7 ~rrvv4e iJ ~i Z/Z Crt ,. ~.,.. ,p _~.~,... ~i~B %~~.,':"_z1e1" C,; ~;rS f~„^ ?"E Z. ~?'ti ?"GlT_y ...t•E'c f C,~.~ ~E,'.~ ,;;'Ur GTi ii??:'2S ,:.'C.' ~'% G. 1t'~2 Tr7_:2Ci,C~ tom, ~-„,; .C~ S!':-:,.1' rc: ?~O~,,;"iF_u 2:,`P.P'~ ,Vii21i;~TiI~' .. ~. - _ ~-~r -:,,°c: Cw-~:.~' :~e~~'::r-e ~:.~~~~ i-~~ _~e _.~%1 cc:a; ii~~r~as ~ecN rc~ .~ ~r~~. ~- _ _ .. _ _ .. ': a % G ~ . ~ ', r 1 . _ C! _ ~.. ~. r i .. ,~~ G ... ~ „ '` ~ .~ ~~~ r:~ •` : Z~' Z .. C C::~`C r~ "':.. a. ~~ ul .. L r _ i ~`-C:,t!?r. ". ~: ~ 21.:.':~ ../_(=_ `';.~lCi; ?,.,?_'= :,~? ?:Q:1,v ?_'/:C'I: CcL2 ~C:..!''CJ GS CG"'"' _°Lec.?J ~;: s1 co ~~, ~:,~~c,_ r. s Ne~.r cor..~..1e~ed. Crr1 LJ hVr v' ' ~( Ir ,.l.w TQ;Y~ V V/r • lea 4. CC~~1.1 1. ~^ ~~rL .L/^VA~ly 4~ .., c;_ , cz ~,, s cr 11 be r:az~ 1.~+~L.•Ly L~ :. Vf lll~v:. v7i.v~Ud Cui. CrbJ tea l..G ~/ re ~1 Q45i ~! Ll'.. !r G'i L~LC~ I~ll..l.~ ~j j` w~r._ at?~~i^ zrs,~cLiars r:.~.7~ - -~ti :, Y- r -r _ z rv~-. „~,, :,ize Caries c„ ~~~ G i ~y~ a~" r/eSL. 1~~r:,~ryi s j..~aCZlarl /. j';.L1 a:'G~2:rC/cC~S Cf ~CrL~ L~' v.«,.-i~-wr..':~~' ~.'.: CG1,r'.ZZC~, j"c- I:.L ~::~i ~r'a arc rereh~ reNea lze. ~--,~- ' ~ ,: , „i ~ i e r.. j .r..~ ti C d i.~", L'` G G?~ a 7^ C O ! ;:r V rQ i. i Q ,;`cu:~w ;rV.:i.Z:y c," via.iazn a;4~; U~_ L:_,:, 'rrVV~,- ~ - . ~-' ~~a: s a,; %lil~ ar~inw~ce s-.-w?1 Alt' :.'~::~~ CGS ~a Cz ~llG' off" `iv L O~.,. :,.-_~ _ ~r ur?u ;'; ~,r' 7~~ vi:,S ~y ~(~. (i!~.! ,~G --.r ,- s r r.,Cir tr ,-, /~ w.: ~.-`~ ~ ~ it ~i'~L1.fvV.l.~ sl.~. t~~1 ~. vils LG a~''...~Y.J. .... - - .mac. r. D .C J.'.;._, An ordinance entiBed ~~An Ordinance To Amend Ordinance 101 Of The City Of West Memphis, Arkansas" read the first time on February Zlst, the second time on March 7th was presented for third reading. City Attorney Sm~nth read the ordinance. Alderman Smith, seconded by Alderman Bentley, moved that the ordinance be adopted. Adoption of the ordinance was discussed with Mr. Arthur Goe, President of~West Memphis Electrical Association. Thereupon, the ~}uestion was put by the Mayor on the adoption of the motion and the roll being called, the following voted: Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson No : None . The Mayor thereupon declared the ordinance .adopted and signed the ordinance, which was attested by the City Clerk and impressed with the seal of the City. The ordinance was given No . X03, and read as follows ,~ t'' 1:1 T L'~'"..1.~.,. `r .~~ r-:-, r-, ~--, T, t ~ ~ r!Y•;-r 7 ( -7 r.-r~ r;i r-- ~~ .j~.r. ~~ 1C 1s1 :::ill C.~:L~•.!' JCr -L ~%~ L~1~ 1~~; 'J ~j~~yT ~~"7 'J~-~rvr71 Ti'_r;r~-r7 .L ~ .ti C' li 1_1 ~s 11J.I.r:I ~ i.:.r Si o ~3.: T i' C.~:: ~lr.._;17 ~.iT 1'r'~:' C.I11' G'CLf.~c1`~ Cr-' ~..:~~ C11' j G.~K• -~~ ~.,~ '~:1~~1-i~I~,` .,~ti ~ ~ y . ~tY.~u~ :.~Ct".1J .~-nmr~,~r ~. ~::`2,'..~t'o Z j of O1"CZZ7";c;lzce .~D~ of tiz G` ~~; o,~ ,:psi; ~_c,~r~~~z is t~ere~~~ c.,>.:,e;z:~~~~o; ;o reaµ ~s f a.Z1G~:,s. ~•~ ^~1 C~ ~ ~ 1. • ~f r:.+l .J. ~1 .~L i.J .a ~ :.L (.%1 ...~~. ...'s.i i l~.r.~_ 1 ..C l.~i / 1..1 • ~c~ :,~'y ,~ersolL sizcxll instal., Tel air, or ~1 per a;z~.T C ~ecLriC 1 iOr.L4, r,~e%Gr3, izEa~ irg ~:evic~.s, GT a:z/• e~ce~rical eo~.ci,o~~en~ i wrs cieJ"irceci it f.rticle _7c70, :;,;" ~i~e l~w~ic~r_c,[ .~?ec~riccy? Cc,-wc~s ~iTES, Gr Gi,LG'1" co~zo'uetGrs, a'Gsi~.nec Gr ~:sed LG c:zrru e'ecvri-- Ca.Z CZti TEf2 ~ 'oT WTL~/ ~i ~GGSC '' J" SCTii C ,.;~ Y ,.~-'7 -r -±' •: i n Gl" 7"E;,ti ~:.~• i.;i4i2G- :. J-l1";Z CGC,,._ an%:r µ ~er~, ., ~,o ~~ ire acccrc~:~>.^v ~~~~ :,ris c~r_.i;L~°cG. (r~,~ .~Yc~ yes, sLalz~wr~ss s~r~c~ure- enc. i1:S~~`.? 7 ~,~ ;--, ~;, ~_ ~~- .i ~?,iC11 CG:2 T~C~t77", l`'!c2'~`. G'1"e 'u,SeC' CyS a ?'G:CGZ!z2'y! Ci7' r 7"il.~i,''";,.ZF/ ~i^C~?" ~, ~rE S:.~::~~~OT7; OJ" clectrica~ G'Oi~CaZLC~L%"SS Si2::.? ~ Gp CU':,.., iGTCI"E~ ;G .~° G.Z2C~TiCL;? c Cll,l~~;~-.'.'12L i.!:il.~ili L'rLE T.^.eG;~~~~U G„T C:.::~:?: C:.iG;~ i' :~~ i C% 1~rG t'L~JJ;.''.l L :~ILU~.1 lJE.' T'e~'LJl]"per fG?' ;,r!~T~ov%~ '~~TV'-i-..:°-i .. Su.ClL C /28 r(:/7aCEir:el2V Off' eZecLri:,e:1 1.~C>LGT.^ i!i%:J 1~„r' GJ` yr~CC/~ QZ?"'-(~`GI?Cr~LZD7r ZiZ!~' Clef ~,~rG ~~'.sof ..~,. Or C:C.~t li~Q~.~:, f~ ,~~~ .:r --r-• :r~?i °(.. 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City Attorney Smith read the resolution. T~i~~.:its. of the area to be redesignated was brought to the Council's attention, and the matter postponed until the next Council Meeting . 'the City's Audited Financial Statements as of December jl, 197j, were distributed to the Council. City Treasurer Fred Owen and Certified Public Accountants Wilkerson & Skinner were present. After discussion, motion was made by Alderman Scott, seconded by ~~lderman Dickerson: That the 197.E City Audits be accepted as presented. Upon vote, the voting was as follows: Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower; Horton, and Hutcherson No: None. Statement of Wilkerson & Skinner in the amount of $l~,250.00 for the 197 Audit was presented. Motion was made by Alderman S:nith, seconded by Alderman Grimsley: That statement of $~.t,250.00 be approved. Upon vote, the voting was as follows: Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson No : None . Mayor Rodgers announced appointments to the Electric, Plumbing, and Gas Boards for one year as follows: Electric Board: Bill Egbert C. L. Griffin Arthur Goe Pat Johnson Motion by Alderman Bentley, seconded by Alderman Dickerson: That appointments to the Electric Examining Board be approved. Upon vote, the voting was as follows: A:ye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson No: None. Plumbing Board: I. M. Hanna Bill Manning Calvin Avery Ray Ware Motion by Alderman Scott, seconded by Alderman Smith: That appointments to the Plumbing Examining Board be approved. Upon vote, the voting was as follows: Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson No : None . Gas Board: I. M. Hanna Don Mooney Harry Lesco Calvin Avery Motion by Alderman Smith, seconded by Alderman Hutcherson: That appointments to the Gas Examining Board be approved. Upon vote, the voting was as follows: Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson Igo : None . The Mayor brought to the Council's attention recommendation of the Planning Commission as to the reappointment of Willie Bruce, and after consideration motion was made by Alderman Horton, seconded by Alderman Grimsley: That Willie Bruce be appointed to the Planning Commission. Upon vote, the voting was as follows: Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson No : None . yygg F, The Mayor nominated A. K. Minter as a member of the Port Commission due to his term expiring. After consideration, motion was made by Alderman Smith, seconded by Alderman Scott: That ~. K. Minter's appointment to the Port Commission be approved. Upon vote, the voting was as follows: Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson No: None. Mayor Rodgers informed the Council recommendations of the City Beautiful Commission for appointment of Mrs. Tom Glasz, N. Roselawn-Ward 3, and Mrs. Charles Robbins, Burns Street-Ward ~, were ~n~i~~~. on March 21st, therefore, were not on the agenda. Motion was made by Alderman Scott, seconded by Alderman Hutcherson: That waive the rule and the appointments be considered. Upon vote, the voting was as follows: Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson No: None. Motion was made by Alderman Scott, seconded by Alderman Smith: That Mrs. Tom Glasz and Mrs. Charles Robbins be appointed members of the City Beautiful Commission. Upon vote, the voting was as follows: Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson No : None . Mayor Rodgers introduced James A. Buttry of Smith, Williams, Friday, Ledredge & Clark, Attorneys At Law, Little Rock, who informed the Council Temple Gypsum, Inc., a subsidiary of Temple Industries, Inc., had issued Industr3 al 1'3eevelopment Revenue Bonds in 171. under Act No. 9 and now desires to refund the outstanding bonds. Merger of Temple Gypsum into Temple Industries, Lease and Agreement, Trust Indenture, refunding of bonds at a lower rate of interest, no financial obligation of the City, and remuneration to the City in lieu of taxes were discussed. Thereupon, motion. was made by Alderman Bentley, seconded by Alderman Scott: That documents not be executed until agreement in lieu of taxes is completed by the City and Temple Industries, Inc. Upon vote, the voting was as follows: Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson No : None . The Mayor stated that consideration should be given to an ordinance authorizing the issuance of industrial development revenue bonds for the purpose of refunding the outstanding 1971 bonds, authorizing the Lease Agreement and Trust Indenture. This was a matter with which the Counca_1 was familiar and after a discussion, Alderman Grimsley introduced an ordinance entitled: "An Ordinance Authorizing The ?ssuance Of Industrial Development Revenue Refunding Bonds For The Purpose Of Refunding The Out- standing-City Of West Memphis, Arkansas Industrial. Development Revenue Bonds, Temple Gypsum Project, Series A; A3.zthorizing A Lease And Agreement And A Trust Indenture; Prescrib_ng Other Matters Pertaining Thereto; And Declaring An Emergency~~ and the City Attorney read the ordinance in full. J~ ' Alderman Horton, seconded by Alderman. Hightower, moved that the rule requi. ring the reading of an ordinance or resolution in full on three different days be suspended and that the ordinance be placed on its second reading. The Mayor put the question on the adoption of the motion and the roll being called, the following voted dye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson and the following voted Nay: None. Thereupon the Mayor declared that at least two-thirds of all members of the Council having voted in favor of the motion to suspend the rule, the motion was carried and the rule suspended. The ordinance was then read by the City Attorney. Alderman Harris, seconded by Alderman Scott then moved that the rule requiring the reading of ari ordinance in full on three different days be further suspended and that the ordinance be placed on its third reading. The Mayor put the question on the adoption of the motion and the roll being called the following voted Aye: A~.dermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson and the following voted Nay : None . The Mayor declared that at least two-thirds of all members elected to the Council having voted in favor of the motion to suspend the rule, the motion was carried and the rule suspended. The ordinance was then read by the City Attorney. Alderman Bentley, seconded by Alderman Payton, moved that the ordinance be adopted. The question was put by the Mayor on the adoption of the motion and the roll being called, the following voted Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson and the following voted Nay : None . Alderman Smith, seconded by Alderman Hutcherson, moved that Section 8, the emergency clause, be adopted, and on roll call the following voted Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson and the following voted Nay : None . The Mayor thereupon declared the ordinance and the emergency clause adopted and signed the ordinance, which was attested by the City Clerk and impressed with the seal of the City. The ordinance was given No. 80l~ . The ordinance read as follows: ORDINANCE NO. 80l~ AN ORDII~TANCE AUTHORIZING THE ISSUANCE OF INDUSTRIAL DEVELOPMENT REVENUE REFUNDING BONDS FOR THE PURPOSE . OF REFUNDING THE OUTSTANDING CITY OF WEST MEMPHIS, 'j ARKANSAS INDUSTRIAL DEVELOPMENT REVENUE BONDS, ~'w TEMPLE GYPSUM PROJECT, SERIES A; AUTHORIZING A LE.~SE AND AGREEMENT AND A TRUST INDENTURE; PRESCRIBING OTHER MATTERS PERTAINING THERETO; AND DECLARING AN EMERGENCY. WHEREAS, the City of West Memphis, Arkansas (the "City"} is authorized by Act No. 9 of the First Extraordinary Session of the Sixty-Second General Assembly of the .State of Arkansas, approved January 21_, 196.0, as _ amended ("Act No. 9"} , to acquire lands, construct and equip manufacturing buildings, improvements and facilities and to incur other costs and expenses and make other expenditures for the securing and developing of industry and to issue Industrial Development .Revenue Bondj payable from revenues derived from the Industrial Project so acquired, constructed and equipped and secured by a lien and security interest; and WHEREAS, the necessary arrangements were made with Temple Gypsum, Inc. , an Arkansas corporation ("Gypsum "),.fora substantial industrial project consisting of lands, buildings, improvements, machinery, equipment and • facilities for an industrial plant to be utilized for the manufacturing of such produets~ a s Gypsum shall elect to manufacture (the "Project "}. and, - WHEREAS, the City has undertaken the furnishing of permanent financing of the Project costs and the expenses of authorizing and issuing bond.5 by the issuance of Industrial Development Revenue Bonds under Act No. 9, (the "bonds") , pursuant to the authorization of its electors at a special election called and held under Act No. 9; and ~; ~znd WHF}~L'AS, the electors authorized the issuance of not to exceed $5 , 000, 000 in principal amount and the City issued $4 , 200, 000. in principal arr~ount,~ dated February 1 S , 1 J 71, and do signated Series A; and a and Trust Company, Baton Rouge, Louisiana, as Trustee, dated as of February 15, 1971, securing the bonds, which is recorded in the office of the Circuit' Clerk and Ex--Officio Recorded of Crittenden County, Ar~:ansas at Book 444 , Page - ~ " 677 (the "1971-indenture"); and WHEREAS, at the time of the delivery of the Series A Bonds the City and Gypsum..~xecuted a Lea se and Agreement covering .the leased premises , dated a s of February 15 , 1971, and recorded in the office of the Circuit Clerk and Ex-0fficio Recorder of Crittenden County,. Arkansas at Book 444, Page 609 (the ".1971 Lease Agreement"}; and WHEREAS , Gypsum wa s a subs idiary of Temple industries , Inc . , a Texa s corporation ("Temple ") and Temple guaranteed performance by the Lessee' of its. obligations under the 1971 Lease Agreement by executing a Guaranty Agreement (the "1971 Temple Guaranty-Agreement"); and WHEREAS, Gypsum has heretofore merged into Temple and Temple has become the Lessee under the 1971 Lease Agreement; and WHEREAS, conditions have, developed whereby a substantial savings can be realized by the issuance of refunding bonds under and as authorized by Act No. 9 at lower rates of interest than the rates borne by the. Series A Bonds issued ir4 1971, ~r~hich will be in the best interasts of the City and"Temple and in furtherance of the public purposes (obtaining , and insuring the ~ continuance , of maximum employment .and payrolls in the economy of the area served by the City and its inhabitants) intended to be accomplished by Act No. 9; and WHEREAS, in connection with the issuance of the refunding bonds it is necessary that there be executed a new Lease Agreement adjusting the basic rent and making other changes to accomodate to the refunding bonds, and a new Trust Indenture securing the refunding bonds which, respectively, will replace and supersede the 1971 Lease Agreement and the 1971 Trust Indenture; .: Section I . That there be, and there is hereby, authorized and directed the following: (a) The refunding of the City of West Memphis , Arkansas Industrial Development Revenue Bonds , Temple Gypsum Project, Series A, dated February 1 S, 1971 , with the refunding to be accomplished in accordance with the provisions of Section 602 of the Trust Indenture herein- .. after authorized. (b) The issuance of City of West Memphis , Arkansas Industrial Development Revenue Refunding Bonds , Temple ~: Project (1974 Series) dated February 15 , 1974 (the - . "I974 Bonds") in the principal amount of $3 , 850 , 000 described in detail in Section X02 of the Trus t Indenture hereinafter authorized. (c) The sale of the 1974 Bonds to Rauscher Pierce Securities Corporation, Dallas , Texas . In this .regard, the Mayor and the City Clerk are authorized to execute a Bond Purchase Contract covering the sale of the 19 74 Bonds . Section 2. That to prescribe the terms and conditions upon which the 1974 Bonds (and any additional bonds subsequently issued and secured by the Indenture) are to be secured, executed, authenticated, accepted and held, the lviayor is hereby authorized and directed to execute and acknowledge a Trust Indenture {the "Indenture"), and the City Clerk is hereby authorized and directed to execute and acknowledge the Indenture and to affix the seal of the City thereto, and the Mayor and the City Clerk are hereby authorized and directed to cause the Indenture to be accepted, executed and acknowledged by the Trustee . The Indenture, which constitutes and is hereby made a part of this Ordinance, shall be in substantially the following form, to-wit: Section 3, That the Mayor and the City Clerk, for and on behalf of the City , be , and they are hereby , authorized and directed to execute and ack- notr~ledge a Lease and Igreement (the "Lease Agreement") between the City as Lessor and Temple as Lessee. The Lease Agreement, which constitutes and is hereby made a part of this Ordinance , shall be in substantially the following form to-wit: ~,.w._.~_~._. 8 Section 4. That the Mayor and City Clerk, or either of them, for and on behalf of the City, be, and they are hereby, authorized and directed to do any and all things necessary to effect the execution of the Indenture, its execution and acceptance by the Trustee, the performance of all .obligations of the City under and pursuant to the Indenture , the execution and delivery of the 1974 Bonds , the execution and delivery of~ an Official Statement or Offering Circular, if necessary or desirable in connection with the sale of the.1974 Bonds , the execution of the Lease Agreement and its execution by Temple, and the performance of all acts of what- ever nature necessary to effect and carry out the authority conferred by the Indenture , the Lease Agreement and this Ordinance . That the Mayor and the City Clerk be, and they are hereby, further authorized and directed, for and on behalf of the City, to execute all papers , documents , certificates and other instruments that may be required for the carrying of such authority or to evidence the exercise thereof. - Section 5. That the Mayor and City Clerk for and on behalf of the City, be and they are hereby authorized and directed to take all action, and execute and file all documents, necessary to perfect an election to proceed under ' Section 103 {c} (6) {D} of the Internal Revenue Code of 19 54 , a s amended, to the end of insuring that interest on the 1974 Bonds is exempt from Federal income taxes . Section 6 . That the provisi~. s of this Ordinance are hereby declared to be' severable, and if any section, phrase or provisions shall for any reason be declared to be invalid, such declaration shall not affect the validity of the remainder of the sections, phrases and provisions. Section 7. .That all ordinances, resolutions and parts thereof in conflict herewith are hereby repealed to the extent of such conflict. Section 8 . That .there is hereby found and declared to be an immediate need for the securing and developing of industry in order to provide and assure the continuance of employment and payrolls, alleviate unemployment and otherwise __._. _ - 19 benefit the public health, safety and welfare of the City and the inhabitants thereof, and the issuance of the bonds authorized hereby and the taking of the other action authorized hereby are immediately necessary for the accomplishing of these public benefits and purposes. It is, therefore, declared that an emergency exists and this Ordinance being necessary for the immediate preservs.tion of the public health, safety and welfare shall be in force and effect im.*nediately upon and after its passage. A resolution adopting A Systematic Housing Code Compliance Program was introduced by Alderman Scott. Mr, Roy Rachie of Manes & Associates, Consultants conducting Management Assistance Program for the City, elaborated on the resolution. Thereupon, motion by Alderman Harris, seconded by Alderman Hutcherson: That the resolution adopting the Program be adopted as read. Upon vote, the voting was as follows: Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson, and the following voted Nay: None. The resolution read as follows: Resolution No. l~83 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS ADOPTING A SYSTEMATIC HOUSING CODE COMPLIANCE PROGRAM WHEREAS, the City of West Memphis, Arkansas, through its Management Assistance Program, has completed studies relative to existing housing and environmental conditions within the corporate limits of the City; and WHEREAS the results of these studies have been incorporated in a report titled, "Systematic Housing Code Compliance Program", a mimeographed document dated March, 197L~, consisting of narrative text, charts, recommended guideforms, and one (1) map exhibit (hereinafter called the "Program"); and WHEREAS the Program was carefully reviewed and considered at this meeting of the City Council.. NOW, THEREFORE, BE IT RESOLjTED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS: 1. That the Program gives consideration to the problems of those neighborhoods that are suffering from blighting environmental influences and/or badly dilapidated housing. 2. That the Program is of sufficient scope and content to form the basis for further implement3.ng housing work program activities of the City of West Memphis, Arkansas. 3. That the Program be and is hereby adopted as the official guide for effectuating the enforcement of the City's adopted Southern Standard Housing Code. V~ Mayor Rodgers informed the Council request for additional amount for mosquito spraying had been requested, therefore, bids will have to be received. Motion was made by Alderman. Bentley, seconded by Alderman Grimsley: Authorized the Mayor to advertise for bids for the mosquito spraying program. Upon vote, the voting was as follows: Aye: Aldermen: Payton, Scott, Smith, Bentley, Dickerson, Grimsley, Harris, Hightower, Horton, and Hutcherson. Nay: None. The Mayor announced the Police Department is issuing Court citations for owners of refrigerators or ice boxes with snaplocks unattended. Alderman Hightower brought to Council's attention offensive odor caused by waste oil from Gurley Oil Company. After discussion, City Attorney Smith stated he would contact State Pollution Authorities. Alderman Scott inquiried as to financial reports requested from organizations receiving assistance from the City, and requested letters be written to the organizations. Alderman Payton inquired as to operation of the street sweeper working east of 13th street due to complaint of merchants in that area. City Engineer Brawley stated due to no curbs and gutters in that area difficult to use the street sweeper. Alderman Smith requested study for traffic signal control at Shoppingway and Missouri . City Attorney Smith reported received information the City of Little Rock had repealed their "Blue Law" pertaining to Sunday closings. There being no further business, the Council adjourned. ATT __ _ _ ... ~ CIT RK APPRQVED : APRIL ~t , 1974 ~~~~~~~~~{yf~~ O MAI'OR