13783 1 RESOLUTION NO. 13,783
2
3 A RESOLUTION TO SET OCTOBER 15, 2013, AS THE DATE FOR A
4 PUBLIC HEARING ON THE ISSUANCE OF AN AGGREGATE NOT TO
5 EXCEED $7,000,000 IN PRINCIPAL AMOUNT OF INDUSTRIAL
6 REVENUE BONDS PURSUANT TO THE MUNICIPALITIES AND
7 COUNTIES INDUSTRIAL DEVELOPMENT REVENUE BOND LAW FOR
8 CAMERON INTERNATIONAL CORPORATION; AND FOR OTHER
9 PURPOSES.
10
11 WHEREAS, Cameron International Corporation, wishes to have issued Industrial Development
12 Revenue Bonds in an aggregate amount not to exceed Seven Millions Dollars($7,000,000)that will be used
13 to finance the cost of acquiring, constructing and equipping an industrial facility for the manufacture
of
14 precision valves, consisting generally of acquisition and installation of P
a q ui ment at 7200 Interstate 30,
15 Little Rock,Arkansas, 72209,and to have a payment in lieu of taxes agreement approved;
16 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
17 OF LITTLE ROCK,ARKANSAS:
18 Section 1. Notice is hereby given that a public hearing will be held before the Board of Directors of
19 the City of Little Rock, Arkansas, on Tuesday, October 15, 2013, at 6:00 PM. at Little Rock City Hall, for
20 all persons wishing to be heard on the questions of(a)the issuance of not to exceed Seven Million Dollars
21 ($7,000,000) in aggregate principal amount of Industrial Development Revenue Bonds by the City under
22 the authority of the Municipalities and Counties Industrial Development Revenue Bond Law,as amended,
23 and(b)approval of an agreement for payments in lieu of taxes in connection with the issuance of the bonds.
24 ADOPTED: October 1,2013
25 ATTE so APPROVED:
26 ■ 4 1 , ,
27 vim.
28 .us.n a gl City Clerk Mark Stodola,Mayor
29 APP .1 V, TO LEGAL FORM:
30 31 32 Cindy Dawsee-446itcal-4)614/1-----eputy City Attorney
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