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CERTIFICATE OF INDEPENDENCE COUNTY BOARD OF <br />ELECTION COMMISSIONERS ASCERTAINING <br />AND DECLARING RESULTS OF SPECIAL ELECTION HELD <br />AUGUST 8, 2023 <br />STATE OF ARKANSAS <br />COUNTY OF INDEPENDENCE <br />We, the duly commissioned and acting Election Commissioners of Independence <br />County, Arkansas, do hereby certify that the following is a true and correct abstract of votes cast <br />in the Special Election held in the City of Batesville, Arkansas (the "City"), on the 8th day of <br />August, 2023. <br />The results of the vote upon the questions submitted are as follows: <br />ORDINANCE NO.2023-05-02 <br />AN ORDINANCE AMENDING ORDINANCE NO. 2011-12-05 IN ORDER TO <br />AUTHORIZE THE NET COLLECTIONS OF THE 0.5% SALES AND USE <br />TAX LEVIED WITHIN THE CITY OF BATESVILLE, ARKANSAS BY <br />ORDINANCE NO. 2011-12-05 TO BE USED TO PAY AND SECURE THE <br />REPAYMENT OF BONDS APPROVED BY THE VOTERS AND ISSUED BY <br />THE CITY FROM TIME TO TIME TO FINANCE AND REFINANCE ALL OR <br />A PORTION OF THE COSTS OF CAPITAL IMPROVEMENTS; AND <br />PRESCRIBING OTHER MATTERS PERTAINING THERETO. <br />FOR O (a L <br />AGAINST 1-33-L, <br />REFUNDING BONDS <br />Bonds of the City of Batesville in one or more series in the maximum aggregate <br />principal amount of $12,820,000 for the purpose of refunding the City's Sales and <br />Use Tax Bonds, Series 2012 and, in order to pay the bonds, the pledge of a 0.5% <br />local sales and use tax levied within the City by Ordinance No. 2011-12-05, <br />adopted December 27, 2011, as it may be amended from time to time. In order to <br />provide additional funds to pay or to further secure repayment of the bonds, the <br />City may also pledge to the bonds the net collections of a 0.5% sales and use tax <br />levied within the City by Ordinance No. 2011-12-03, adopted December 27, <br />2011. <br />FOR � 59 <br />AGAINST 113 <br />