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RESOLUTION NO. 8,50]
A RESOLUTION DISSOLVING SEWER MMOVEMENT
DISTRICT NO. 139 OF LITTLE ROCK, ARKANSAS.
WHEREAS, the Commissioners of the Sewer Improvement
District No. 139 of Little Rock, Arkansas, (the ffDistrict0) have
determined that all bonds, notes or other evidences of
indebtedness, plus all interest thereon, have been paid in full;
and
WHEREAS, said Commissioners have further determined that
the District has fully accomplished the purposes for which it was
formed and has fully completed the construction of the
improvements which it has undertaken; and
WHEREAS, title to and control of the facilities constructed
by the District have been taken over and assumed by the City of
Little Rock, Arkansas, which formed the District; and
WHEREAS, all assets of said district are in cash; and
WHEREAS, all debts of the district, including reasonable
legal fees and other expenses incurred in connection with the
dissolution of said district have been paid; and
WHEREAS, all remaining funds of the district have been
refunded to the property owners in said district; and
WHEREAS, said Commissioners have adopted a resolution to
wind up the affairs of the District and cause the District to be
dissolved according to the provisions of the laws of the State of
Arkansas; and
WHEREAS, said Commissioners have requested the Board of
Directors of the City of Little Rock, Arkansas, to adopt a
resolution confirming the resolution of the said Commissioners and
granting the approval of the City Board for the dissolution of the
District.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
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SECTION 1: The Sewer Improvement District No. 139 of Little
Rock, Arkansas, has been dissolved by unanimous vote of the
Commissioners of said District in accordance with Arkansas law.
SECTION 2: All future levies and assessments of the
District have been cancelled and the Commissioners are hereby
relieved from further duties.
ADOPTED: May 21, 1991
ATTEST:
ROBBIE HANCOCK, MU.
APPROVED AS TO FORK:
i
APPROVED:
I
SHARON PRIEST, MAYOR
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