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10,522 155
RESOLUTION NO. '
A RESOLUTION APPOINTING STEPHENS INC. AS UNDERWRITERS FOR
THE CITY OF LITTLE ROCK, CENTRAL ARKANSAS LIBRARY SYSTEM
CAPITAL IMPROVEMENT REVENUE BONDS,"SERIES 1999 (THE "BONDS");
AND PROVIDING FOR OTHER MATTERS IN CONNECTION WITH THE
ISSUANCE OF THE BONDS.
WHEREAS, in Resolution Number 10,420 adopted December 1, 1998, the Board of Directors
of the City of Little Rock, Arkansas appointed the firm of Wright, Lindsey and Jennings asbond counsel
for the Bonds; and
WHEREAS, a professional services selection committee has evaluated the proposals received
to underwrite the bonds and has recommended Stephens Inc. 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 firm of
Stephens Inc to serve as underwriters for the bonds.
SECTION 2. The City Director of Finance and Bond Counsel are hereby authorized to submit
such documentation as may be required to accomplish the sale of the bonds to the underwriters. The
Director of Finance 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.
ADOPTED: April 13, 1999
ATTEST:
Q dR ._n, U!a _80 C&.
ROBBIE HANCOCK, CITY CLERK
APPROVED AS TO FORM:
. CAt-+r.
THOMAS M. CARPENTER
CITY ATTORNEY
APPROVED:
&
JIM DAJLEY, MAYOR