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12760RESOLUTION NO. 12,760 A RESOLUTION SETTING THE DATE FOR A PUBLIC HEARING ON OCTOBER 7, 2008, TO CONSIDER AN ORDINANCE AUTHORIZING THE ISSUANCE OF INDUSTRIAL DEVELOPMENT REVENUE BONDS. WHEREAS, the City of Little Rock, Arkansas (the "City ") and Sage V Foods, LLC, a California limited liability company (the "Company "), have heretofore entered into a Memorandum of Intent dated as of July 15, 2008, providing for the issuance of revenue bonds for the purpose of assisting the Company in acquiring, constructing and equipping an industrial project in the Little Rock Port Industrial Park (the "Project "); and WHEREAS, the Company has requested that the City initiate proceedings for the issuance of such bonds; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the City of Little Rock, Arkansas: Section 1. A public hearing shall be held on October 7, 2008, at 6:00 p.m. to consider an ordinance authorizing one or more series of industrial development revenue bonds for the purpose of financing the Project. Section 2. The City Clerk is hereby authorized and directed to cause the publication of a notice of public hearing pursuant to and in accordance with applicable provisions of Arkansas law. PASSED: September 16, 2008. APPROVE ATTEST: 4�oAk. Mark Stodola, Mayor I. Na &i S. Knight, Assistant City Clerk For Nancy Wood, City Clerk 1.4 . . (SEAL) :I' CERTIFICATE The undersigned, City Clerk of the City of Little Rock, Arkansas, hereby certifies that the foregoing is a true and compared copy of a resolution passed at a regular session of the Board of Directors of the City of Little Rock, Arkansas, held at the regular meeting place of the Board on the 16th day of September, 2008. City Clerk (SEAL) ''' •.`