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RESOLUTION NO. '�1D <br /> A RESOLUTION AWARDING TO PURCHASER THE CITY OF <br /> BATESVILLE, ARKANSAS WATER AND SEWER REVENUE <br /> BONDS, DATED MAY 1, 1978 , IN THE AMOUNT OF <br /> $2, 250, 000. <br /> WHEREAS, the City of Batesville, Arkansas (the "City" ) <br /> duly advertised and now has under consideration the sale of <br /> X2, 250, 000 City of Batesville, Arkansas Water and Sewer Revenue <br /> Bonds, dated May 1, 1978 (the "Bonds") ; and <br /> WHEREAS, the- following bids were received: <br /> Stephens Inc., Hill, Crawford & Lanford, Inc., Dean,VTitter Reynolds, Inc. <br /> Int rate 6.49575 % <br /> Powell & Satterfield, Inc., Rauscher Pierce Sec.Corp., UMIC, Inc., Brittenum &Assoc., <br /> Harrow Smith & Co., E.L. Villareal &- Co., A. Duncan Williams, Inc. <br /> Int rate 6.4688 <br /> and; <br /> WHEREAS, the City has received and considered the <br /> said bids; <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council <br /> of the City of Batesville, Arkansas : <br /> Section 1. That the bid of Powell & Satterfield 8� athers <br /> , for the Bonds is hereby <br /> found and declared to be the best bid and said bid is hereby <br /> accepted, subject to the terms and conditions of the Notice of <br /> Sale of the Bonds . <br /> ADOPTED rf , 1978 . <br /> APPROVED: <br /> ATTEST: Mayor <br /> .CL.GLI <br /> CitY Clerk <br /> (SEAL) <br />