90671
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RESOLUTION NO.
9,067 •
A RESOLUTION APPOINTING UNDERWRITERS FOR THE
$17,000,000 CITY OF LITTLE ROCK, ARKANSAS LIBRARY
CONSTRUCTION AND IMPROVEMENT BONDS, SERIES 1994 (THE
'BONDS "); AND PROVIDING FOR OTHER MATTERS IN
CONNECTION WITH THE ISSUANCE OF THE BONDS.
WHEREAS, in Resolution Number 9,025 the Board of Directors of the City of
Little Rock, Arkansas appointed co -bond counsel for the Bonds; and
WHEREAS, in Resolution Number 9,046 the Board of Directors of the City of
Little Rock, Arkansas directed the City Treasurer and Director of Finance to offer the
bonds for sale on a negotiated basis; and
WHEREAS, a professional services selection committee has evaluated the
proposals received to underwrite the bonds and has recommended the firms of Stephens,
Inc./Hill, Crawford & Lanford/Henderson Securities /Apex Securities to serve as
underwriters for the bonds.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS, AS FOLLOWS:
SECTION 1. The City Manager is authorized to enter into an agreement with
the firms of Stephens Inc./Hill, Crawford & Lanford/Henderson Securities /Apex
Securities to serve as underwriters for the bonds.
SECTION 2. The City Treasurer and Co -bond Counsel are hereby authorized
to submit such documentation as may be required to accomplish the sale of the bonds
to the underwriters. The City Treasurer is further authorized to take such other actions
as are, in his judgement, necessary or appropriate in order to provide for the sale of the
bonds by the underwriters.
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1 I ADOPTED: January 4, 1994
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ATTEST:
ROBBIE HANCOCK, CITY CLERK
APPROVED AS TO FORM:
v
APPROVED: