HomeMy WebLinkAbout12526RESOLUTION NO. 12,526
A RESOLUTION SETTING THE DATE FOR A PUBLIC HEARING ON
JUNE 19, 2007 TO CONSIDER AN ORDINANCE AUTHORIZING THE
ISSUANCE AND SALE OF CITY OF A LITTLE ROCK, ARKANSAS
SEWER CONSTRUCTION REVENUE BOND, SERIES 2007B, FOR THE
PURPOSE OF FINANCING CERTAIN BETTERMENTS AND IMPROVEMENTS
TO THE CITY'S SEWER SYSTEM.
WHEREAS, the City of Little Rock, Arkansas (the "City ") owns a
sewer system (the "System. "), which is operated by the Little Rock
Sanitary Sewer Committee (the "Committee "); and
WHEREAS, the Committee has determined that the acquisit -on,
construction and equipping of certain betterments and improvements
to the System (the "Improvements ") are necessary in order to make
the services of the System adequate for the needs of the City and
its inhabitants; and
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
Section 1. That June 19, 2007, at 6:00 p.m. shall be the
date and time for a public hearing to consider an Ordinance
authorizing the issuance of up to $18,000,000 in principal amount
of a Sewer Construction Revenue Bond, Series 2007B, for the purpose
of financing the Improvements.
ADOPTED: June 5, 2007.
ATTEST:
Na cy Woo City Cler
APPROVED A�� _ S TO L/EG�AL FORM:
Thomas�M.VCCa pen ter, C y Attorney
Ap RO ED:
1
Mark Stoda a, Mayor