0592 RESOLUTION NO.
WHEREAS, The West Memphis City Council has recently passed
ordinances giving the Reflexion Industries, Inc. , permission
to sell Act 9 bonds, and
WHEREAS, The Reflexion Industries, Inc. , wishes to pay their
pro rata part of taxes due to the fact that the facility will
not be taxable,
THEREFORE, BE IT RESOLVED, That the City will retain one-third
of each payment and will distribute the other two-thirds as
follows: one-third to Crittenden County, Arkansas, and
one-third to Hulbert-West Memphis School District No. 4 of
Crittenden County, Arkansas.
PASSED AND APPROVED THIS , ',- DAY OF , , 1977.
..�. _ ✓ rte
/ Mayor
ATTEST:
City Clerk
RESOLUTION /✓z) , ., % z
WHEREAS, The City of West Memphis, Arkansas, has applied for
a Local Public Works grant under the Economic Development
Administration to reconstruct South Seventh Street to become
Seventh Street Industrial Access Arterial, by widening to four
lanes with storm drainage, water lines and sidewalks, extend-
ing south to the industrial area, and
WHEREAS, Funding of $854, 035 was requested to complete the
above project, and
WHEREAS, The West Memphis School District also applied for a
Local Public Works Project under the Economic Development
Administration and requested funding of $667, 470, and
WHEREAS, Notice has been received from the EDA that a total of
$676, 000 would be received in West Memphis for both the
school project and the project applied for by the city,
THEREFORE, BE IT RESOLVED, That the City of West Memphis
wishing to cooperate with the School District, has agreed to
revise its original application to ask for a total of $361, 000
to widen Seventh Street south to. Jackson Avenue with 8 "
pavement.
PASSED and APPROVED -2- ? , ri 'V £ , 1977.
/ Mayor /
ATTEST:
City lerk