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rn <br />EXCERPTS FROM MINUTES OF A M1EEPING OF THE <br />BATESVILLE <br />CITY COUNCII. HELD <br />Apr i 1 16 —_ , 19 68 <br />The City Council of the City of Batesville <br />Arkansas met in special session at its regular meeting place in <br />Batesville T— Arkansas at 7:30 _ o'clock F . m. , on the <br />16th day of ___ April —^ 19 68 _. The following were present: <br />Mayor Richard Sturch City Clerk r'loy F.ow <br />and Aldermen Noel Bone, Donald <br />Hedden, Bobby Leonard, Lynn Lanier, Earl Tripp and Leland Wallis. <br />Absent: E. A. Jenkerson and Keith Sims <br />The Mayor stated that consideration should be given to an <br />ordinance authorizing the issuance of bonds and the execution and delivery <br />of a Trust Indenture relating to Emerson Electric Co. , <br />This was a matter with which the Council was familiar and after a discussion, <br />Alderman _— Bone introduced an ordinance entitled: <br />"AN ORDINANCE AUTHORIZING THE ISSUANCE OF INDUSTRIAL <br />DEVELOPMENT REVENUE BONDS UNDER ACT NO. 9 OF THE <br />FIRST EXTRAORDINARY SESSION OF THE SIXTY-SECOND GENERAL <br />ASSEMBLY OF THE STATE OF ARKANSAS, APPROVED JANUARY 21, <br />1960, AS AMENDED, FOR THE PURPOSE OF PROVIDING PERMA- <br />NENT FINANCING OF THE COST OF SECURING AND DEVELOP- <br />ING INDUSTRY (THE PARTICULAR INDUSTRIAL PROJECT IS DES- <br />CRIBED IN THE ORDINANCE); AUTHORIZING THE EXECUTION <br />AND DELIVERY OF A TRUST INDENTURE SECURING THE BONDS; <br />AUTHORIZING AND PRESCRIBING OTHER MATTERS PERTAINING <br />TO THE INDUSTRIAL PROJECT, THE CONSTRUCTING THEREOF <br />AND THE FINANCING THEREOF; AND DECLARING AN EMERGENCY." <br />and the City _Clerk <br />read the ordinance in full. <br />