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ORDINANCE NO. <br />AN ORDINANCE TO AUTHORIZE THE CITY OF BATESVILLE TO CONDUCT <br />BUSINESS WITH CERTAIN INDIVIDUALS WHO SERVE AS MEMBERS OF THE <br />CITY COUNCIL, CITY EMPLOYEES, VARIOUS COMMISSIONS, AND BOARDS <br />OF THE CITY OF BATESVILLE; DECLARING AN EMERGENCY; AND FOR <br />OTHER PURPOSES. <br />WHEREAS, the City of Batesville, Arkansas recognizes the importance of certain <br />financial services provided to the City by First Community Bank ("FCB"); and <br />WHEREAS, a certain member of the City Council also serve in an executive role at <br />FCB, which provides financial services to the City; and <br />WHEREAS, Ark. Code Ann. § 14-42-107 requires the governing body of a <br />municipality to approve by ordinance any contract or business arrangement between the <br />municipality and an entity in which a Council member, employee, board, or commission <br />member profits from directly or indirectly through their position at said entity; and <br />WHEREAS, the City Council acknowledges the following affiliations and finds it to <br />be in the City's best interest to continue its financial relationship with FCB and approves the <br />following individuals' roles within the City: <br />Name <br />Robb Roberts <br />Position with City <br />Entity <br />City Council <br />Member and Public <br />Works Commission <br />Member <br />Role with First <br />Community Bank <br />Senior Vice <br />President for <br />Commercial <br />Lending <br />Nature of First <br />Community Bank <br />City Business <br />Financial Services <br />NOW, THEREFORE, BE IT ORDAINED AND ENACTED BY THE CITY <br />COUNCIL OF THE CITY OF BATESVILLE, ARKANSAS, THAT: <br />SECTION ONE: Pursuant to Ark. Code Ann. § 14-42-107, the Council of the <br />City of Batesville hereby approves and authorizes the City to conduct business with First <br />Community Bank, acknowledging the positions held by Rob Roberts, who serves on the City <br />Council, and as member of the Public Works Commission. <br />