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SUPPLEMENTAL AGREEMENT <br />THIS SUPPLEMENTAL AGREEMENT made and entered into this <br />27th day of February, 1963 by and between the CITY OF BATESVILLE, <br />ARKANSAS (herein called "City") and INDEPENDENCE COUNTY, ARKANSAS <br />(herein called 01County"), <br />W I T N E S S E T H: <br />WHEREAS the County issued its General Obligation In- <br />dustrial Development Bonds dated March 1, 1960 under Amendment No. <br />49 to the Constitution of the State of Arkansas and the City issued <br />its Industrial Development Revenue Bonds dated March 1, 1960 under <br />the provisions of Act No. 9 of the First Extraordinary Session <br />of the Sixty -Second General Assembly of the State of Arkansas, <br />approved January 21, 1960, with the proceeds of both bond issues <br />being used to finance an industrial project being operated in the <br />City under and pursuant to the provisions of a Lease and Agreement <br />by and between the City and Batesville Rubber Company, which <br />Lease and Agreement is dated the 24th day of October, 1960 and <br />appears of record in the office of the Circuit Clerk and Ex Officio <br />Recorder of Independence County, Arkansas at Book 15, page 115; and <br />WHEREAS in connection with said industrial project the <br />City and the County entered into an Agreement dated the 24th day <br />of October, 1960, setting forth the various undertakings and <br />rights of the City and the County with reference to the financing, <br />construction and ownership of the industrial project and disposition <br />of revenues, including lease rentals, from the industrial project, <br />with a copy of said Agreement being on file in the office of the <br />City Clerk and a copy on file in the office of the County Clerk, <br />and to which reference is hereby made for a statement of the terms <br />