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Section 3. That the Mayor and City Clerk, for and on behalf of <br />the City be, and they are hereby, authorized and directed to do any and all <br />things necessary to effect the execution and acceptance of the Trust Inden- <br />ture by the Trustee, the performance of all obligations of the City under and <br />pursuant to the Trust Indenture, the execution and delivery of the bonds, and <br />the performance of all other acts of whatever nature necessary to effect and <br />carry out the authority conferred by this Ordinance and by the Trust Indenture. <br />That the Mayor and City Clerk be, and they are hereby, further authorized <br />and directed, for and on behalf of the City , to execute all papers, documents, <br />certificates and other instruments that may be required for the carrying out of <br />the authority conferred by this Ordinance and the Trust Indenture, or to evi- <br />dence that authority and its exercise. <br />Section 4. That since the City is here involved with the construct- <br />ing and equipping of a complex industrial project, requiring highly specialized <br />work and specialized types of machinery and equipment, it has been and is <br />hereby determined by the City Council that competitive bidding is not feasible <br />or practical. Therefore, any requirements under ordinances of. the City or under <br />the laws of the State of Arkansas for competitive bidding be, and the same are <br />hereby, waived as to this particular industrial project. This action is taken by <br />the City Council pursuant to applicable laws of the State of Arkansas, including <br />particularly Section 5 of Act No. 28 of the Acts of Arkansas of 1959 (Ark. Stats. <br />(1967 Cumulative Pocket Supplement) Section 19-4425). <br />Section S. That the provisions of this Ordinance are hereby declared <br />to be separable, and if any section, phrase, or provision shall for any reason <br />be declared to be invalid, such declaration shall not affect the validity of the <br />remainder of the sections, phrases and provisions. <br />Section 6. That all ordinances, resolutions and parts thereof in <br />conflict herewith are hereby repealed to the extent of such conflict. <br />