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115861 2 3 4 s 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 0 0 RESOLUTION NO. 11,586 A RESOLUTION TO APPOINT CREWS & ASSOCIATES, MORGAN KEEGAN AND STEPHENS, INC. AS JOINT BOND UNDERWRITERS FOR THE PROPOSED ISSUANCE OF LITTLE ROCK, ARKANSAS CAPITAL IMPROVEMENT BONDS, SERIES 2004; (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 Capital Improvement Bonds, Series 2004, and and WHEREAS, the City requested proposals from qualified firms to handle this work, 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 firms of Crews & Associates, Morgan Keegan and Stephens, Inc. are 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 firms of Crews & Associates, Morgan Keegan and Stephens, Inc. to act as joint underwriters for the Little Rock, Arkansas Capital Improvement, Series 2004 bond issue. ADOPTED: September 2, 2003 ATTEST: Na cy Wo d, City Clerk Resolution To appoint Pond Underwriter for Capital Improvement Bonds, Series 20 [PAGE I OF 21 APPROVED: Jim IWiley, Mayor 1 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 0 APPROVED AS TO FORM: Thomas M. Carpenter, Cio Attorney // // // // // // Resolution To appoint Bond Underwriter for Capital Improvement Bonds, Series 2004 [PAGE 2 OF 2] 1