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2010-06-02-R
CITY-OF-BATESVILLE
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2010-06-02-R
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RLF-2A <br /> (R-7/01) <br /> (W <br /> RESOLUTION NUMBERAO 0l <br /> A RESOLUTION DESIGNATING AND AUTHORIZING THE CITY ENGINEER AND CITY <br /> CLERK TO EXECUTE CERTAIN DOCUMENTS IN CONNECTION WITH THE CLEAN <br /> WATER REVOLVING LOAN PROGRAM ADMINISTERED BY THE ARKANSAS <br /> NATURAL RESOURCES COMMISSION <br /> WHEREAS, the City of Batesville, Arkansas owns and operates a Wastewater Collection and <br /> Treatment System (the "System") in order to provide sanitary sewer services to meet the <br /> needs of 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 loan assistance from the Arkansas Natural Resources <br /> Commission (the "ANRC") under the Clean Water Revolving Loan Program (the <br /> "Program"), 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 City Engineer and City Clerk, as the Signatory Agent or the successor of <br /> said Agent, is hereby authorized and directed to make application for assistance under the <br /> ( Program administered by the ANRC, execute a bond purchase agreement when approved <br /> firâ–º by the City Council and instruments issued or made pursuant thereto on behalf of the City <br /> from time to time and execute all other documents and certificates required by the <br /> department for participation in the Program. <br /> PASSED: June 8, 2010 <br /> APPROVED: <br /> Attest: Rick E <br /> Mayor <br /> uj4j 1 <br /> Denise M. Johnston <br /> City Clerk <br />
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