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93841 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 • • 232 RESOLUTION NO. 9,384 A RESOLUTION OF INTENT TO ENTER INTO A REGIONAL DISCUSSION REGARDING THE FORMATION OF A METROPOLITAN WATER DISTRICT. WHEREAS, abundant and high quality potable water is essential for urban growth; and WHEREAS, the Central Arkansas metropolitan area is a single, interdependent economic region; and WHEREAS, urban growth adequately supported by essential public infrastructure is important to economic prosperity; and WHEREAS, the economic prosperity of the region benefits the citizens of Little Rock. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS; SECTION 1. The Board of Directors intends to enter into a regional discussion regarding the formation of a metropolitan water district; that during such discussions issues regarding equity ownership, equalized rate structures, regional economic development, urban growth strategies and long range water supplies will be entertained. SECTION 2. The Board hopes to consider specific proposals for the formation of such a district within sixty days. ADOPTED: May 9, 1995 ' .A' 10j'14 'Al-