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5602 RESOLUTION NO 5,602 A RESOLUTION PERTAINING TO AN INITIATIVE PETITION FOR AN ORDINANCE REGULATING ELECTRIC POWER RATES; AND FOR OTHER PURPOSES BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1. The City Clerk has found, determined and reported to the Board of Directors that the initiative petition for an ordinance directing all corporations or all other firms who engage in the sale of electric power within the boundaries of the City of Little Rock to lower residential and small business electric rates by increasing large commercial and large industrial rates is sufficient from the standpoint of containing the required number of signatures of registered voters. The said City Clerk is therefore directed to publish for one time prior to the November 2 , 1976 General Election in some newspaper having a general circulation in the City of Little Rock the full text of the proposed measure to be voted upon by the people , together with the exact title to be used on the ballot and further directed to certify to the Pulaski County Board of Election Commissioners no later than eighteen (18) days prior to said General Election the exact title to be placed on the Ballot. SECTION 2 . This Resolution shall be in full force and effect from and after its adoption. ADOPTED: October 5, 1976 ATTEST: Approved: i lijkYVVIZ City Cle Mayor