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13658I RESOLUTION NO. 13,658 2 3 A RESOLUTION TO SET THE DATE FOR A PUBLIC HEARING ON 4 APRIL 2, 2013, TO CONSIDER THE ISSUANCE OF SEWER REVENUE 5 BONDS FOR THE PURPOSE OF FINANCING BETTERMENTS AND 6 IMPROVEMENTS TO THE CITY'S SEWER SYSTEM; AND FOR OTHER 7 PURPOSES. 8 9 WHEREAS, the City of Little Rock, Arkansas (the "City") owns a Sewer System (the "System "), which is 10 operated by Little Rock Wastewater (the "LRW "), for and on behalf of the Little Rock Sanitary Sewer 11 Committee (the "LRSSC "); and, 12 WHEREAS, the LRSSC has determined that the acquisition, construction and equipping of betterments 13 and improvements to the System are necessary in order for LRW to provide quality sanitary sewer service to 14 the City and its inhabitants; 15 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF 16 LITTLE ROCK, ARKANSAS: 17 Section 1. April 2, 2013, at 6:00 PM shall be the date and time for a public hearing to consider the 18 issuance of up to $36,500,000 in principal amount of sewer revenue bonds for the purpose of financing 19 betterments and improvements to the System. 20 ADOPTED: March 19, 2013. 21 ATTEST- APPROVED: 22 23 24 u I , City Clerk Mark Stodola, Mayor 25 AP O ED TO LEGAL FROM: 26 27 28 Thomas M. Carpenter, CWY Attorney 29 30 31 32 33 //