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Lza <br />12. That the Board of Directors of the corporation shall <br />make a complete report of its activities, including a complete <br />(financial report, to the Quorum Court of Independence County and <br />the City of Batesville, Arkansas, no less often than annually. <br />13. That upon the passing of an ordinance by the Quorum <br />;Court of Independence County, Arkansas, identical to this ordinanc( <br />,the interlocal agreement described herein shall be deemed to have <br />been made and shall enter into force upon approval by the Attorney <br />.General of the State of Arkansas, as provided by law, and upon <br />''filing with the Secretary of State and the Independence County <br />!;Clerk of the said ordinances. <br />n <br />I DEC Em BEP, <br />PASSED and APPROVED on this day ofi-, 1980. <br />�I <br />Peytonlden, Mayor <br />ATTEST : <br />Larry Williams, City Clerk <br />I, <br />14. Emergency Clause. As the citizens of the City of Batesville, <br />Arkansas, have spoken favorab ,`y' tllrouoC -.. t's' e passag o-€ r _y :sup 4C pr0'iC c <br />further industri al a�-,d as P.°c;l i c - t :,As are ncll, �.�?? � �°:. 1. for sLic!'€ <br />project, it is deemed morien tar i 03, urger" to rove for,,2ru - f:irri ed i ate lam' , n i <br />fur tl,erar,ce of the 4?3 1 of tt'ie citizens as expedi ti olis i y as possible in a <br />reC1ula4:ed Therefore, an ef,•,rgerc,, is her^dy d1F-_cla,,red to exist, and, <br />,his Crdi-a,ice be4nc necessary fir 1+r tr'rrr-diate nreserva`ior of ;`,e <br />I ieaI e It and safety s^a i 6 <br />-he in f,' 11 <br />force <br />and of f ect f'r''C:i an dl a -Ft er Is <br />i <br />passage and approval. <br />Ir <br />ti,avro v` <br />— 4 — <br />