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HomeMy WebLinkAbout6053 RESOLUTION NO. 6,053 A RESOLUTION EMPLOYING BOND COUNSEL FOR THE PROPOSED LITTLE ROCK CONVENTION CENTER REVENUE BONDS WHEREAS, the City of Little Rock, Arkansas (the "City" ) proposes to join with private developers to construct and equip on Markham Street a new convention center/hotel complex (the "Convention Facility") ; and WHEREAS, it is proposed that a portion of the cost of the Convention Facility be financed by the issuance by the City of revenue bonds payable from proceeds of the City ' s tax on hotel , motel and restaurant sales (the "Bonds" ) ; and WHEREAS, the City Advertising and Promotion Commission of the City of Little Rock, Arkansas (the "Commission") is proceeding with necessary planning for the Convention Facility and has recom- mended the employment of the law firm of Friday, Eldredge & Clark, Little Rock, Arkansas , as bond counsel to the City in connection with the issuance of the Bonds; NOW, THEREFORE, BY IT RESOLVED by the Board of Directors of the City of Little Rock, Arkansas: Section 1. That the law firm of Friday, Eldredge & Clark, Little Rock, Arkansas, be, and it is hereby is, employed as bond counsel to the City in connection with the issuance of the Bonds . Section 2 . That this resolution shall be in full force and effect from and after its adoption. ADAPTED: December 19 , 19 78 . C::: 94■P07.4.14" ATTEST: Mayor 91/2v7- C1 k (SEAL)