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HomeMy WebLinkAbout12372RESOLUTION NO. 12,372 A RESOLUTION SETTING THE DATE FOR A PUBLIC HEARING ON NOVEMBER 21, 2006 ON THE QUESTION OF THE ISSUANCE OF WASTE DISPOSAL REVENUE BONDS FOR THE PURPOSE OF FINANCING BETTERMENTS AND IMPROVEMENTS TO THE CITY'S WASTE COLLECTION AND DISPOSAL SYSTEM. WHEREAS, the City of Little Rock, Arkansas (the "City ") owns and operates a waste collection and disposal system (the "System "); and WHEREAS, the City has determined that it is necessary to acquire, construct and equip betterments and improvements to the System that include particularly, without limitation, a methane gas collection system to collect the methane gas from Cells 1 and 2 of the City's Class 1 landfill located at 10803 Ironton Cutoff in southern Pulaski County (the "Landfill ") and compression and transmission system to dispose of the methane gas by delivering and selling the gas to a industrial facility located in the vicinity of the Landfill; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. That November 21, 2006, at 6:00 p.m. shall be the date and time for a public hearing on the question of the issuance of up to $4,000,000 in principal amount of Waste Disposal Revenue Bonds, Series 2006 for the purpose of financing betterments and improvements to the System. ADOPTED: November 6, 2006. ATTEST: NA WOOD CITY CLER APPROVED AS TO FORM: �� !ice THOMAS M. CARP NTER CITY ATTORNEY APPR ED: JIM A LEY MAYO a