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12618RESOLUTION NO. 12,618 A RESOLUTION OF THE CITY OF LITTLE ROCK, ARKANSAS TO APPOINT SUCCESSOR COMMISSIONERS TO FILL VACANCIES ON THE BOARD OF COMMISSIONERS OF THE CHENAL VALLEY MUNICIPAL PROPERTY OWNERS MULTIPURPOSE IMPROVEMENT DISTRICT NO. 4 OF THE CITY OF LITTLE ROCK, ARKANSAS. WHEREAS, there are presently two vacancies on the Board of Commissioners of Chenal Valley Municipal Property Owners Multipurpose Improvement District No. 4 of the City of Little Rock, Arkansas (the "District "); and WHEREAS, all improvements in the District have been completed; and WHEREAS, pursuant to Section 14- 94- 107(a)(2)(A) of the Arkansas Code Annotated, the Board of Directors of the City of Little Rock, as the governing body (the "City "), is authorized to select successor commissioners to serve on the District's Board of Commissioners; and WHEREAS, Phillip A. Pesek and Kenneth D. Mann are individuals of integrity and good business ability who are officers and designated representatives of Deltic Timber Corporation, an owner of real property in the District. WHEREAS, the remaining Commissioners of the District have requested that the City appoint Phillip A. Pesek and Kenneth D. Mann to fill the vacancies on the Board of Commissioners of the District. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS AS FOLLOWS: SECTION 1. That Kenneth D. Mann is hereby appointed as a Commissioner and a member of the Board of Commissioners of the Chenal Valley Municipal Property Owners Multipurpose Improvement District No. 4 of the City of Little Rock. SECTION 2. That Phillip A. Pesek is hereby appointed as a Commissioner and a member of the Board of Commissioners of the Chenal Valley Municipal Property Owners Multipurpose Improvement District No. 4 of the City of Little Rock. SECTION 3. That this resolution shall be in full force and effect from and after its adoption. PASSED: December 4, 2007 ATTEST: 4ah`cy-wo'0 City Clerk APPR VED AS TO FORM: Thomas Carpenter, City A�tt ey 726314 -v 1 APPROVED: Mark Stodola, Mayor