Laserfiche WebLink
<br /> <br />the State of Arkansas for the purpose of financing and refinancing all or a portion <br />of the costs of capital improvements. Mr. Ryan Bowman read the ordinance in <br />full. Mayor Elumbaugh said the ordinance will be place on the next meeting’s <br />agenda for the second reading. <br />J) CONSIDER AN ORDINANCE CALLING FOR A SPECIAL ELECTION IN THE <br />CITY OF BATESVILLE ON THE QUESTION OF ISSUING BONDS UNDER THE <br />AMENDMENT NO. 62 TO THE CONSTITUTION OF THE STATE OF <br />ARKANSAS FOR THE PURPOSE OF FINANCING ALL OR A PORTION OF <br />THE COSTS OF CAPITAL IMPROVEMENTS: LEVYING A ONE PERCENT <br />(1%) SALES AND USE TAX TO COMMENCE ON April1, 2024 FOR THE <br />PURPOSE OF RETIRING SUCH BONDS <br />Councilmember Bryant introduced an ordinance on the question of issuing bonds <br />under the Amendment No. 62 to the Constitution of the State of Arkansas for the <br />purpose of financing all or a portion of the costs of capital improvements: levying <br />a 1% Sales and Use Tax to commence on April 1, 2024. Mr. Ryan Bowman read <br />the ordinance in full. Mayor Elumbaugh said the ordinance will be place on the <br />next meeting’s agenda for the second reading. <br />K) EXECUTIVE SESSION <br />Councilmember Bennett moved to go into executive session to consider an <br />appointment to the Housing Authority. Councilmember Bryant seconded and all <br />voted for. <br /> <br /> <br />