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NEW - r/ <br />ORDINANCE NO. <br />AN ORDINANCE AUTHORIZING THE CONSTRUCTION <br />OF CERTAIN EXTENSIONS, BETTER4ENTS AND <br />IMPROVEMENTS TO THE WATER SYSTEM OF THE <br />CITY OF BATESVILLE, ARKANSAS; AUTHORIZING <br />THE ISSUANCE OF WATER SYSTEM REVENUE BONDS <br />FOR THE PURPOSE OF FINANCING A PORTION OF <br />THE COST OF SAID CONSTRUCTION; PROVIDING <br />FOR THE PAYMENT OF PRINCIPAL AND INTEREST <br />ON THE BONDS; PRESCRIBING OTHER MATTERS <br />RELATING THERETO; AND DECLARING AN EMERGENCY. <br />L ; <br />WHEREAS, the Water System (called/ "System") presently <br />serving the City of Batesville, Arkansas (called "City"), is <br />inadequate for the immediate needs of the inhabitants of the <br />City; and <br />WHEREAS, the City Council has determined that the <br />existing System should be improved and that certain extensions, <br />betterments and improvements thereto should be constructed; and <br />WHEREAS, the Council has had prepared by Max Mehlburger <br />Engineers, Consulting Engineers, a preliminary report and estimates <br />of cost of the needed extensions, betterments and improvements <br />(called "project"); and <br />WHEREAS, the said plans and estimates have been examined <br />and approved by the City Council and a copy thereof is on file in <br />the office of the City Clerk, where it may be inspected by any <br />interested person; and <br />WHEREAS, a brief general description of the project is <br />as follows: Construction of raw water river intake, pump station, <br />booster pump station, transmission line to plant site, feeder mains, <br />elevated storage tank, a new water treatment plant, and additions <br />to distribution lines; and <br />