0933
RESOLUTION N0. 933
BE IT RESOLVED that the City Council of the City of
West Memphis, Arkansas, authorizes the Mayor to execute
the necessary documents for the sale of the Tabernacle
Property on Graham Street, West Memphis, Arkansas, to the
WEST MEMPHIS BAPTIST CHURCH, INC.,
111 South Second Street, West Memphis, Arkansas, 72301,
on such terms and conditions as are attached to this
Resolution and made a part hereof as if copied word for
word; and,
BE IT FURTHER RESOLVED that the proceeds from this
sale shall be placed in the CAPITAL IMPROVEMENTS FUND.
ADOPTED this `~,, ~ rz
1983.
MAYOR
ATTEST:
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CITY CLERK
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A~'TACHMENT -RESOLUTION N0. 933
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~~° L O A N A M O k T I Z A T I 0 N S C H E D U L E
ROUGE, THOMAS ~ GOSS, L TD.
CEkTIFIED PUBLIC ACCOUN TANTS
304 E. BOND
WEST MEMPHIS, Ak 72301
LOAN AMOUNT ANNUAL kATE PAYMENTS/YEAk MONTHLY PAYMENT. ST AkTING L1ATE_,
200,000.00 ~ ~ ± 8.0 X 12 1 ,46 7.54 07/01/ 1983
FMT --- PAYMENT ON --- LOAN
NBk I~UE LiATE INTEkEST PkINCIF'AL BALANCE DATE F'AIU CHECK NBk
1 07/01/1983 ,
1,333.33 134.21 199,865.79 C / _/ ] C ]
2 08/01/1983 .1,332.44 135.10 199,730.b9
~ t / / ] C ] ,
3 09/01/1983 1,331.54 ~ ~13b.00 199,594.b9 C / / ] C ]
4 10/01/1983 1,330.63 13b.91 199,457.78 C / _/ ] C ]
5 11/01/1983 _.
1,329.72 _
137.82- 199,319.96 C / / ] C ] _
b 12/01/1983 1,328.80 138.74 199,181.22 C / % 7 C ]
`** 1983 TOTALS 7,98b.4b ~~ 818.78 199,1$1.22 **
7 01/01/1984 1,327.87 139.b7 199,041.55 C / / ] C ] ,
8 02/01/1984 1,32b.94 i40.b0 198,900.95 C / / ] C ]
9 03/01/1984 1,326.01 141.53 198,759.42 C / / ] C ]
10 04/01/1984 1,325.Ob 142.48 198,bi6.94 C / / ] C ]
11 05/01/1984 1,324.11 143.43 198,473.51 C / 1 ] C ] _
12 _
06/01/1984 1,323.ib 144.38 198,329.13 C / / ] C ]
13 07/01/1984 1,322.19 145.35 198,183.7$ C / / ] C _ ]
14 08!01/1984 1,321.23 14b.31 198,037.47 C / / ] C ]
15 09/01/1984 .__
1,320.25 ..
147.29 197,890.18 C / / ] C ]
]
ib 10/01/1984 1,319.27 148.27 197,741.91
. C / / ] C
17 11/01/1984 1,318.28 149.26 ,
197s592.b5 C / / ] C ]
]
18 12/01/1984 (,317.28 150..26 197,442.39 C / / ] C
** 1984 TOTALS 15,871.b5 1,738.$3 197,442.39
**
~19 01/01/1985 1,31b.28 15i.2b 197,291.13 C / / ] C ]
20 02/01/1985 1s315.27 152.27 197,138.86 C / / ] C ]
21 03/01/1985 1r314.2b .153.28 19bs985.5$ C / / ~.:] C ]
22 04/01/1985 1,313.24 154.30 19b,831.28 C / / ] C ]
23 ~ 05/01/1985 1,312.21 155.33 f9bsb75.95 C / / ] C _ ]
''4 06/01/1985 1,311.17 15b.37 19b,519.58 C / / ~ C ]
25 07/01/19'85 1,310.13 15?.41 19b,362.17 C / / ] C ]
2b 08/01/1985 1,309.08 i58.4b 19b,203.71 C / / ] C ]
27 09/01/1985 1,308.02 159.52 19b,044.19 C / / ] C ]
]
28 10/01/1985 i,30b.9b ib0.58 195:8$3.bi C / / ] C ]
29 11/01/1985 1,305.89 ibi,b5 195s721.9b C / / ] C ]
30 12/01/1985 1,304.81 ib2.73 195,559.23 t / / ] C
** 1985 TOTALS 15,727.32 1,883.16 195,559.23 **
31 01/01/198b 1,303.73 ib3.81 195,395.42 C / / ] C ]
32 02/01/198b 1,302.b4 ib4.90 195,230.52 C / / ] C ]
33 03/01/198b 1,301.54 i6b.00 195,Ob4.52 C / / ] C ]
34 04/01/198b 1,300.43 167.11 194,897.41 C / % 7 C ]
35 05/01/198b 1,299.32 168.22 .194,729.19 C / / ] C ]
L O A N ~A M O k T I Z A T I 0 N S C H E D U L E
LOAN AMOUNT A
200.000.00 NNUAL kATE PAYMENTS/YEAk MONTHLY PAYMENT STARTING DATE
8.0 X 12 ir467.54 07/Oi/1983
.. , F'MT ,_ --- PAYMENT ON ---- LOAN
NBR DUE DATE INTEREST PRINCIPAL BALANCE DATE PAID CHECK NBR
36 OEs/01/1986 1,298.19. 169.35 194.559.84 C / / ~ C ~
~* 1986 TOTALS 7,805.85 999.39 194.559.84 ~*
TOTAL INTERESTS 47r391.~8 LAST PAYMENT: 1r4b7.54
TOTAL PRINCIPAL 5r440.f6
. TOTAL PAIUS 52.831.44 TERMS 3 YEARS
**~~********>K*******~***~***~**
* BALANCE DUES 194.559.84
'L
CERTIFICATE
~' STATE OF ARKANSAS )
(SS
COUNTY OF CRITTENDEN)
The undersigned, City Clerk of the City of West Memphis,
Arkansas, hereby certifies that the above and foregoing is
a true and complete and correct copy of
as the same appears in the official records of said City.
IN WITNESS WHEREOF, I have hereunto set my hand as City
Clerk of the City of West 1lsemphis, Arkansas, and the Official
Seal of said City, on this day of ~ 19
CITY CLERK, CITY OF WEST MEMPHIS
CRITTENDEN COUNTY, ARKANSAS
(SEAL)
dir.
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RESOLUTION
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PREFACE
SUBJECT: SALE OF TABERNACLE PROPERTY - GRAHAM STREET,
WEST MEMPHIS, ARKANSAS.
SPONSORED BY: Alderman
Alderman
Mayor
DATE OF COUNCIL MINUTES PASSED:
MONTH
~1r
DAY YEAR
~ .t
_~~.
~~
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RESOLUTION
PREFACE
SUBJECT:.. WESTWOOD ACRES - Flooding Committee
SPONSORED BY:
Alderman
Alderman
Mayor
DATE OF COUNCIL MINUTES PASSED:
MONTH DAY YEAR