2264 RESOLUTION NO. 226li.
RESOLUTION REJECTING ALL BIDS FOR
GENERAL OBLIGATION VARIOUS PURPOSE
BONDS TO BE ISSUED BY THE CITY OF
LITTLE ROCK, ARKANSAS
WHEREAS , after due advertisement for the time and
in the manner required by law, duly published in a newspaper
having a bona fide circulation in the City of Little Rock,
Arkansas , a proof of publication thereof having been filed in
the office of the City Clerk of the City of Little Rock,
$3,300,000 of general obligation various purpose bonds of the
said City were offered for sale on auction bids at a meeting of
the Board of Directors , in the Board of Directors ' Chambers ,
at the City Hall, at 2: 30 o'clock, P. M. , on the 12th day of
December , 1958, and the bid resulting in the lowest interest
cost to the City was a bid at par , plus accrued interest to
the date of delivery for $3,300 ,000 of bonds bearing interest at
the rate of 3.595%; and
WHEREAS , the Board of Directors finds that all bids should
be rejected:
NOW, THEREFORE , BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS:
Section 1. That all bids for the general obligation
various purpose bonds of the City of Little Rock be, and they are
hereby, rejected.
ADOPTED: December 15 , 1958.
APPROVED:
. L`
Mayor
ATTEST:
• 1 J e.�S.e-z-�
City Clerk