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185731 • ORDINANCE NO. 18, 573 2 3 AN ORDINANCE TO AMEND CHAPTER 25 OF THE LITTLE 4 ROCK, ARK., REV. CODE TO COMPLY WITH 5 AMENDMENTS TO STATE LAW REGARDING THE 6 OPERATION OF THE LITTLE ROCK PORT AUTHORITY; 7 TO DECLARE AN EMERGENCY; AND FOR OTHER 8 PURPOSES. 9 10 WHEREAS, the City has previously created the Little Rock Port Authority pursuant to state 11 statute, and proscribed various methods and procedures concerning the operation of the Port 12 Authority, all pursuant to state statutes, and 13 WHEREAS, it has been determined that the state statutes addressing municipal port 14 authorities have been amended in recent years and therefore the city ordinances need to be amended 15 to reflect the changes in state law, and 16 WHEREAS, more specifically Act 735 of 1991 amending Ark. Code Ann. §§ 14 -186- 17 203(a)(2)(B)(i), 14.186- 203(a)(2)(B)(ii), 14- 186- 203(bxl), 14- 186- 203(b)(2XA), 14- 186-203(bx2)(BKi), 18 and 14- 186- 203(b)(4) was adopted necessitating changes to Little Rock, Ark., Rev. Code §§ 25 -2, 25- 19 3 and 254, and 20 WHEREAS, Act 1045 of 1997 amending Ark. Code Ann. § 14- 186-214(a) was adopted 21 necessitating changes to Little Rock, Ark., Rev. Code § 25-6. 22 NOW, THEREFORE, BE TT ORDAINED BY THE BOARD OF DIRECTORS OF THE 23 CITY OF LITTLE ROCK, ARKANSAS: 24 Section 1. Little Rock, Ark., Rev. Code § 25 -2 (1988) is hereby amended to be read in 25 its entirety as follows: 26 Members 27 (a) The port authority shall consist of and be governed by a board of five (5) 28 members who are qualified electors residing in the city. Board members shall be appointed 29 by the mayor. The members of the board shall initially be appointed for periods of one (1), 30 two (2), three (3), four (4), and five (5) years respectively. Successor board members shall 31 hold office for a term of five (5) years and shall serve until their successor has been appointed 32 and qualified. The members of the board shall receive no compensation for their services. 33 No member of the board shall engage financially in any navigational or river port enterprise 34 while a member of the board. 1 (b) Any member of the board may be removed by the mayor, provided such removal 2 is approved by the board of directors. 3 4 Section 2. Little Rock, Ark., Rev. Code § 25 -3 (1988) is hereby amended to be read in 5 its entirety as follows: 6 Meetings 7 The board of the port authority shall meet upon the call of its chairman, but not less 8 than monthly, or upon call of the board of directors of the city. 9 10 Section 3. Little Rock, Ark., Rev. Code § 25-4 (1988) is hereby amended to be read in 11 its entirety as follows: 12 Officers 13 If the mayor is a member of the port authority, the mayor shall be chairman of the 14 board. If the mayor is not a member of the port authority, the chairman shall be elected by 15 the membership of the authority. The board shall elect one (1) of their number as vice 16 chairman, and shall elect a secretary and a treasurer, who need not necessarily be members 17 of the board. The authority shall require a surety bond of the person appointed treasurer in 18 such amount as the authority may fix, and the premiums thereon shall be paid by the 19 authority as a necessary expense of the authority. 20 21 Section 4. Little Rock, Ark., Rev. Code § 25 -6 (1988) is hereby amended to be read in 22 its entirety as follows: 23 Fiscal limitations and procedures 24 All revenue derived from the operation of the port authority, after paying operation 25 expenses and maintenance, shall be set aside and used for additional improvements, reserves 26 for depreciation, or for the retirement of bonds and interest thereon issued by the board of 27 directors of the city in the manner now provided by law. All authority funds shall be 28 deposited in a bank or banks designated by the authority. No funds of the authority shall be 29 disbursed except for a purpose authorized by law and only when the account or expenditure 30 for which the same is to be given in payment has been approved by the authority. 31 32 Section 5. Severability. In the event any section, paragraph, item, sentence, clause, 33 phrase, or word of this ordinance is declared or adjudged to be invalid or unconstitutional, such 34 declaration or adjudication shall not affect the remaining portions or the ordinance which shall (Page 2 of 3) 1 remain in full force an effect as if the portion so declared or adjudged invalid or unconstitutional was 2 not originally part of the ordinance. 3 4 Section 6. Repealer. All laws, ordinances, resolutions, or parts of the same, that are 5 inconsistent with the provisions of this ordinance are hereby repealed to the extent of such 6 inconsistency. 7 8 Section 7. Emergency. The Board of Directors has determined that the current ordinances 9 addressing the Little Rock Pon Authority are inconsistent with current state law and the Board of Directors 10 considers it essential to preservation of the public health, safety and welfare that City ordinances and state law be I 1 consistent with each other; • therefore, an emergency is declared to exist, in order to permit a date certain for the 12 applicability of these provisions, and this ordinance shall be in full force and effect from and after the date of its 13 passage. 14 15 PASSED: October 2, 2001 16 17 ATTEST: APPROVED: 18 19 20 Nancy ood, ity Clerk J' alley, ASayor 21 22 APPROVED AS TO LEGAL FORM: 23 24 25 Thomas M. Carpenter, Ci ttorney 26 27 28 29 30 31 32 33 34 35 [Page 3 of 3]