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1 RESOLUTION NO. 14,718
2
3 A RESOLUTION SETTING FEBRUARY 20,2018,AS THE DATE A PUBLIC
4 HEARING TO CONSIDER THE ISSUANCE OF WATER RECLAMATION
5 SYSTEM REVENUE BONDS FOR THE PURPOSE OF FINANCING
6 BETTERMENTS AND IMPROVEMENTS TO THE CITY'S WATER
7 RECLAMATION SYSTEM; AND FOR OTHER PURPOSES.
8
9 WHEREAS, the City of Little Rock, Arkansas (the "City") owns a Water Reclamation System (the
10 "System"),which is operated by Little Rock Water Reclamation Authority(the"LRWRA"),for and on behalf
11 of the Little Rock Water Reclamation Commission(the"Commission"); and
12 WHEREAS, the Commission has determined that the acquisition, construction and equipping of
13 betterments and improvements to the System are necessary;
14 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF
15 LITTLE ROCK,ARKANSAS:
16 Section 1. A Public Hearing shall be held on Tuesday,February 20,2018,at 6:00 PM before the Little
17 Rock Board of Directors in the Board Chambers on the 2nd floor of City Hall, located at 500 West Markham
18 Street,Little Rock,Arkansas,to consider the issuance of up to Sixty-One Million Dollars($61,600,000.00)in
19 principal amount of Water Reclamation System Revenue Bonds for the purpose of financing betterments and
20 improvements to the System. At the public hearing,all interested persons shall have an opportunity to be heard
21 concerning the proposed issuance of the Bonds.
22 ADOPTE 1• :,ruary 6,2018
23 ANi APPROVE ..
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25 Ir4r/ i- 4S4%/
26 Sus n Lane, City Clerk Mark Stodola,Mayor
27 APPR 1 AS TO LEGAL FORM:
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29 .0 y I W:/
30 Thomas M. Carpenter,''ity Attorf ey
31 II
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33 II