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HomeMy WebLinkAbout1984-09-03-R RESOLUTION NO. S`{ -9 - 3 A RESOLUTION APPROVING AND ENDORSING PROPOSED AMENDMENT NO. 62 THE LOCAL CAPITAL • IMPROVEMENT BOND AMENDMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BATESVILLE, STATE OF ARKANSAS: WHEREAS, the Arkansas Constitution of 1874 imposes undue financial restric- tions and limitations on cities and counties ; and WHEREAS, in effort to alleviate the situation , the Arkansas General Assem- bly approved Proposed Constitutional Amendment No. 62 the LOCAL CAPITAL IMPROVE- MENT BOND AMENDMENT during its regular session in 1983; and WHEREAS, Proposed Constitutional Amendment No. 62 the LOCAL CAPITAL IM- PROVEMENT BOND AMENDMENT will be on the ballot at the general election November 6, 1984; and WHEREAS, for cities and counties to provide the basic and essential ser- vices for the people of Arkansas, cities and counties must have the authority • to seek voter approval of public capital improvements; and WHEREAS, Proposed Amendment No. 62 the LOCAL CAPITAL IMPROVEMENT BOND AMENDMENT would give the voters in cities and counties the choice to approve needed public capital improvements , thus insuring the orderly growth of Arkan- sas while at the same time providing the citizens of Arkansas with adequate governmental services ; and WHEREAS, Proposed Amendment No. 62 the LOCAL CAPITAL IMPROVEMENT BOND AMENDMENT will allow the voters the authority to adopt measures to promote industrial development thus creating jobs and ultimately broadening the tax base to pay for basic and essential services ; and WHEREAS, Proposed Amendment No. 62 the LOCAL CAPITAL IMPROVEMENT BOND AMENDMENT would foster a new concept and allow local government units - cities, towns and school districts - to join together to help attract industries to an • area. NOW, THEREFORE, BE IT RESOLVED that the Batesville City Council does here- by approve and endorse Proposed Amendment No. 62 the LOCAL CAPITAL IMPROVEMENT BOND AMENDMENT this 25th day of September, 1984. n ��