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12000RESOLUTION NO. 12,000 A RESOLUTION TO APPOINT STEPHENS INC. AS BOND UNDERWRITER FOR THE PROPOSED ISSUANCE OF LITTLE ROCK, ARKANSAS SOLID WASTE DISPOSAL REVENUE BONDS, SERIES 2005; (THE BONDS); AND PROVIDING FOR OTHER MATTERS IN CONNECTION WITH THE ISSUANCE OF BONDS. WHEREAS, it is necessary to have bond underwriters provide the best financial terms for the issuance and sale of the Solid Waste Disposal Revenue Bonds, Series 2005; and WHEREAS, the City requested proposals from qualified fines to handle this work; and WHEREAS, the proposals received were reviewed and evaluated by a professional services selection committee designated in accordance with City ordinance; and WHEREAS, the committee has concluded that the firm of Stephens Inc. is the most qualified and has the knowledge and experience with similar financings in Arkansas and nationally as an underwriter. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1: The City Manager is hereby authorized to enter into an agreement with the firm of Stephens inc. to act as underwriter for the Little Rock, Arkansas Solid Waste Disposal Revenue Bonds, Series 2005 bond issue. ADOPTED: May 17, 2005 ATTEST: NA Y WO , CITY CLERK APPROVED AS TO FORM: THOMAS M. CARP NTER K CITY ATTORNEY WAir i JIM� F O.