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8391M M M M 1 411 2 RESOLUTION NO. 5,391 3 4 5 A RESOLUTION DISSOLVING SEWER I!D?ROVEKENT 6 DISTRICT NO. 130. 7 8 WHEREAS, the Commissioners of the Sewer Improvement 9 District No. 130 of Little Rock, Arkansas, (The "District") have 10 determined that all bonds, notes or other evidences of 11 indebtedness, plus all interest thereon, have been paid in full; 12 and WHEREAS, said Commissioners have further determined that 13 the District has fully accomplished the purposes for which it was 14 formed and has fully completed the construction of the 15 improvements which it has undertaken; and 16 AREAS, title to and control of the facilities constructed 17 by the District have been taken over and assumed by the City of Little Rock, Arkansas, which formed the District; and 18 WHEREAS, all assets of said district are in cash; and 19 WHEREAS, all debts of the district,.including reasonable 20 legal fees and other expenses incurred in connection with the 21 dissolution of said district have been paid; and 22 WHEREAS, all remaining funds of the district have been refunded to the property owners in said district; and 23 WHEREAS, said Commissioners have adopted a resolution to 24 wind up the affairs of the District and cause the District to be 25 dissolved according to the provisions of the laws of the State of 26 Arkansas; and 27 WHEREAS, said Commissioners have requested the Board of Directors of the City of Little Rock, Arkansas, to adopt a 28 resolution confirming the resolution of the said Commissioners and 29 granting the approval of the City Board for the dissolution of the 30 District. 31 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF 32 THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1: The Sewer Improvement District No. 130 of 33 Little Rock, Arkansas, has been dissolved by unanimous vote of the 34 Commissioners of said District in accordance with Arkansas law. 35 SECTION 2: All future levies and assessments of the 36 2 -w3 p -9 i 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 29 30 31 32 33 34 35 36 412 District have been cancelled and the commissioners are hereby relieved from further duties. ADOPTED: November 6, 1990 ATTEST: C:yj7i CLERK ` •;' APPROVED AS TO FORK: •1• •• MAYOR FL G. VILLINES, III