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1988-07-01
CITY-OF-BATESVILLE
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1988-07-01
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and to authorize the City Council to <br /> pledge all or a portion of the receipts <br /> distributed to the City from the exist- <br /> ing county-wide sales and use tax in <br /> effect in Independence County, Arkansas , <br /> to pay the principal of, interest on, <br /> said bonds and fees and expenses in <br /> connection therewith. The bonds that <br /> are approved will be combined into a <br /> single issue of bonds , which may be <br /> issued at one time or in series from <br /> time to time. If approved by the <br /> electors , the city' s portion of receipts <br /> from the existing Independence County <br /> sales and use tax shall be pledged to- <br /> the retirement of the bonds authorized <br /> hereby. <br /> Vote on each question by placing an "X" <br /> in the square opposite the question <br /> either for or against : <br /> Question One : <br /> FOR the issuance of bonds in the maximum <br /> principal amount of $742 , 500 for the <br /> purpose of acquiring, constructing and <br /> equipping fire fighting facilities and <br /> apparatus for the City. D <br /> AGAINST the issuance of bonds in the <br /> maximum principal amount of $742 ,500 for <br /> the purpose of acquiring, constructing <br /> and equipping fire fighting facilities <br /> and apparatus for the City. D <br /> Question Two: <br /> FOR the issuance of bonds in the maximum <br /> principal amount of $720 , 000 for the <br /> purpose of providing street improvements <br /> in the City. <br /> AGAINST the issuance of bonds in the <br /> maximum principal amount of $720 ,000 for <br /> the purpose of providing street <br /> improvements in the City. L� <br /> - 3 - <br />
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