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12563RESOLUTION NO. 129563 A RESOLUTION SETTING THE DATE FOR A PUBLIC HEARING ON SEPTEMBER 4, 2007 f 0 CONSIDER. AN ORDINANCE AUTHORIZING THE ISSUANCE AND SALE OF CITY OF LITTLE ROCK, ARKANSAS SEWER CONSTRUCTION REVENUE BONDS, SERIES 2007C, FOR THE PURPOSE OF FINANCING CERTAIN BETTERMENTS AND IMPROVEMENTS TO THE CITY'S SEWER SYSTEM. WHEREAS, the City of Little Rock, Arkansas (the "City ") owns a sewer system (the "System "), which is operated by the Little Rock Sanitary Sewer Committee (the "Committee "); and WHEREAS, the Committee has determined that the acquisition, construction and equipping of certain betterments and improvements to the System, including the construction and equipping of the Little Maumelle Wastewater Treatment Plant (the "Improvements "), are necessary in order to make the services of the System adequate for the needs of the City and its inhabitants; and NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. That August 21, 2007, at 6:00 p.m. shall be the date and time for a public hearing to consider an Ordinance authorizing the issuance of up to $71,100,000 in principal amount of Sewer Construction Revenue Bonds, Series 2007C, for the purpose of financing the Improvements. ADOPTED: August 21, 2007 ATTEST: Na y Woo City Clerk APPROVED AS TO LEGAL FORM: Thomas M. Carpenter, City Atto y APPROVED: Mark Stodola, Mayor