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located at 2598 Case owned by Bradley Cooper and Jerry Waugh Rental, Inc. Councilmember Gaither moved to <br /> begin condemnation proceedings. Councilmember Cargill seconded and all voted for. <br /> PUBLIC HEARING ON AUTHORIZING ISSUANCE OF WATER AND SEWER <br /> REVENUE BONDS <br /> Mayor Biard opened the floor for a public hearing on the issuance of water and sewer revenue bonds in the <br /> amount of$1,600,000. The purpose of these bonds would be to make certain improvements and extensions to <br /> the Batesville Water facilities. Mr. Ryan Bowman with Friday, Eldridge and Clark, Mr. Edmond Hurst with <br /> Crews & Associates and Mr. Mark Skelton with The Citizens Bank were present to answer questions. Mr. Ryan <br /> Bowman along with Mr. Skelton and Mr. Husrt explained in limited detail about how the issuance of revenue <br /> bonds would be financed. Mr. Jim Reid with the Batesville Water Commission and Mr. Larry Tharnish with the <br /> Batesville Water Utilities both addressed the council and explain what the bonds would be used for. The public <br /> hearing was closed. <br /> ORDINANCE AUTHORIZING ISSUANCE OF WATER AND SEWER REVENUE BONDS <br /> Councilmember Carpenter introduced an ordinance authorizing the issuance of water and sewer revenue bonds <br /> in the amount of$1,600,000. Mr. Ryan Bowman with Friday, Eldridge and Clark read the ordinance with the <br /> exception of pages 3-6 which were the (Form of Bond) which were presented in writing. Councilmember <br /> Watkins moved to suspend the rules and place the ordinance on the second reading by title only. Councilmember <br /> Cargill seconded and the roll call was 8 for 0 against. The ordinance title was read and Councilmember Cargill <br /> moved to further suspend the rules and place the ordinance on the third and final reading. Councilmember Pectol <br /> seconded and the roll call was 8 for 0 against. The ordinance title was read and Councilmember Watkins moved <br /> that the ordinance be adopted. Councilmember Carpenter seconded and the roll call was 8 for 0 against. The <br /> ordinance was given 42002-6-2. Councilmember Gaither moved to adopt the emergency clause and <br /> Councilmember Terrell seconded and all voted for. <br />