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RESOLUTION NUMBER <br />A RESOLUTION DESIGNATING AND AUTHORIZING THE MAYOR AND <br />MANAGER OF THE WATER AND SEWER SYSTEM TO EXECUTE CERTAIN <br />DOCUMENTS IN CONNECTION WITH FUNDING ADMINISTERED BY THE <br />ARKANSAS NATURAL RESOURCES COMMISSION <br />WHEREAS, the City of Batesville, Arkansas owns and operates a water treatment and sewer <br />system (the "System") in order to provide water and sewer services to meet the needs of <br />the City and its inhabitants; and <br />WHEREAS, the City Council has determined that it is in the best interest of the City and its <br />inhabitants to apply for assistance from the Arkansas Natural Resources Commission (the <br />"ANRC"), in order to make certain improvements to the System; <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of Batesville, Arkansas: <br />Section 1. That the Mayor of the City, as a Signatory Agent, is hereby authorized and directed <br />to make application for assistance administered by the ANRC and to execute, when <br />approved by the City Council, a bond purchase agreement and instruments issued or made <br />pursuant thereto on behalf of the City from time to time. <br />Section 2. That the Manager of the System and City Engineer, as a Signatory Agent, is hereby <br />authorized to execute, for and on behalf of the City, all other documents and certificates <br />required. <br />PASSED: , 2024 <br />ATTEST: <br />Denise M. Johnston, City Clerk <br />APPROVED: <br />Rick Elumbaugh, Mayor <br />NOTE: THIS RESOLUTION MUST BE SUBMITTED TO ANRC. <br />