7276M M M
memo M M M f
RESOLUTION NO. 7,276
A RESOLUTION OF THE BOARD
OF LITTLE ROCK, ARKANSAS,
PROPOSED AMENDMENT NO. 62,
MENT BOND AMENDMENT.
M W M
OF DIRECTORS OF THE CITY
APPROVING AND ENDORSING
THE LOCAL CAPITAL IMPROVE-
WHEREAS, the Arkansas Constitution of 1874 imposes undue
financial restrictions and limitations on cities and counties; and
WHEREAS, in an effort to alleviate the situation, the Arkansas
General Assembly approved Proposed Constitutional Amendment No. 62,
the Local Capital Improvement Bond Amendment, during its regular
session in 1983; and
WHEREAS, Proposed Constitutional Amendment No. 62, the Local
Capital Improvement Bond Amendment, will be on the ballot at the
general election on November 6, 1984; and
WHEREAS, the current financial restrictions and limitations on
cities and counties impede and stifle the orderly growth of the
cities and counties; and
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WHEREAS, for cities and counties to provide the basic and essential
services for the people of Arkansas, cities and counties must have the
authority to seek voter approval of public capital improvements; and
WHEREAS, Proposed Amendment No. 62, the Local Capital Improvement
Bond Amendment, would give the voters in cities and counties the choice
to approve needed public capital improvements, thus insuring the
orderly growth of Arkansas while at the same time providing the citizens
of Arkansas with adequate governmental services; and
WHEREAS, Proposed Amendment No. 62, the Local Capital Improvement
Bond Amendment, will allow the voters the authority to adopt measures
to promote industrial development, thus creating jobs and ultimately
broadening the tax base to pay for basic and essential services; and
WHEREAS, Proposed Amendment No. 62, the Local Capital Improvement
Bond Amendment, would foster a new concept and allow local government
units -- cities, towns, counties and school districts - -to join together
to help attract industries to an area.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The Board of Directors of the City of Little Rock,
Arkansas, does hereby approve and endorse Proposed Amendment No. 62,
the Local Capital Improvement Bond Amendment.
SECTION 2. This Resolution shall be in full force and effect
from and after its adoption.
ADOPTED: October 31, 1984
ATTEST:
ty Clerk a7 neCzech
APPROVED:
Mayor J. W. Benafield
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