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0978 F Lt RESOLUTION OF THE CITY OF WEST MEMPHIS ARKANSAS PREFACE SUBJECT: SPONSORED BY: SPONSORED BY: Alderman DATE OF COUNCIL MINUTES PASSED: MONTH DAY YEAR RESOLUTION N0. / V WHEREAS, the Arkansas Constitution of 1874 imposes undue financial restrictions and limitations on cities and counties; and, ~'" WHEREAS, in an effort to alleviate the situation, the Arkansas General Assembly approved Proposed Constitutional Amendment No. 62, the LOCAL CAPITAL IMPROVEMENT BOND AMENDMENT, during its regular session in 1983; and, WHEREAS, Proposed Constitutional Amendment No. 62, the LOCAL CAPITAL IMPROVEMENT BOND AMENDMENT, will be on the ballot at the general election, November 6, 1984; and, WHEREAS, the current financial restrictions and limitations on cities and counties impede and stifle the orderly growth of the cities and counties; and, WHEREAS, for cities and counties to provide the basic and essential services for the people of Arkansas, cities and counties must have the authority to seek voter apprcval of public capital improvements; and, WHEREAS, Proposed Amendment No. 62, the LOCAL CAPITAL IMPROVEMENT BOND AMENDMENT, would give the voters in cities and ~ counties the choice to approve needed public capital improvements, t the same thus insuring the orderly growth of Arkansas while a time providing the citizens of Arkansas with adequate governmental services; and, WHEREAS, Proposed Amendment No. 62, the LOCAL CAPITAL IMPROVEMENT BOND AMENDMENT, will allow the voters the authority to adopt measures to promote industrial development, thus creating jobs and ultimately broadening the tax base to pay for basic and essential services; and, WHEREAS, Proposed Amendment No. 62, the LOCAL CAPITAL IMPROVEMENT BOND AMENDMENT, would foster anew concept and allow local government units--cities, town, counties and school districts-- to join together to help attract industries to an area, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of West Memphis, Arkansas, that the City Council does hereby approve and endorse Proposed Amendment No. 62, the LOCAL CAPITAL IMPROVEMENT BOND AMENDMENT, this _~ day of f ~~ r , 1984. AND, NOW, BE IT FURTHER RESOLVED, that copies of this Resolution be mailed to the Crittenden County Committee For Amendment No. 62, and the State Committee for dment No. 62, P.O. Box 38, North Little Rock, Arkansas, 2115. ADOPTED this day of ~ ~ , 1 MAYOR ATTEST:'- CITY CLERK ~ Oi~RINf ~~ AUC S1 t96A .t.. _ , „ ~~. CERTIFICATE STATE OF ARKANSAS ) (SS COUNTY OF CRITTENDEN) The undersigned, City Clerk of the City of SVost blem?~his, Arkansas, hereby certifies that the above and foregoing is a true and complete and coxrect copy of as the same appears in the official records of said City. IN `YITNESS jVHEREOF, I have hereunto set my hand as City Clerk of the City of Nest Diemphis, Arkansas, and the Official Seal of said City, on this day of 19 CITY CLERK, C Y OF SVEST DIE.,IP?'IS CRITTENDEN COUNTY, ARKANSAS (SEAL) ,. 4."~_ ..