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Caw RESOLUTION NO. <br /> A RESOLUTION GIVING SPECIFIC AUTHORITY TO THE JOINT INDUSTRIAL PARK COMMITTEE. <br /> Be it Resolved by the City Council of the City of Batesville, Arkansas , that: <br /> Section 1. The City Council hereby gives the Joint Industrial Park <br /> Committee the following authority with respect to the development of an <br /> Industrial Park: <br /> (a) To negotiate land prices. <br /> (b) To enter into option contracts and to dispurse money <br /> therefor. <br /> (c) To hire an agent to act for the Committee in negotiations <br /> in optioning land. <br /> (d) To hire an attorney and pay legal fees for services deemed <br /> necessary by the Committee. <br /> (e) To draw up recommendations for a legal entity to develop, <br /> operate and maintain the industrial park. <br /> (f) To complete the above transactions and to set in motion <br /> the operating entity. <br /> Section 2. Any actions taken by the Committee subject to the afore- <br /> mentioned authority which shall obligate Independence County, the City of <br /> Batesville or Batesville Area Chamber of Commerce, shall be subject to the <br /> final approval of the County of Independence, the City of Batesville, and <br /> the Batesville Area Chamber of Commerce. <br /> Mayor <br /> DATE: `Z <br /> ATTEST: <br /> City Clerk <br />