HomeMy WebLinkAbout1978-710-R RESOLUTION NO. '�1D
A RESOLUTION AWARDING TO PURCHASER THE CITY OF
BATESVILLE, ARKANSAS WATER AND SEWER REVENUE
BONDS, DATED MAY 1, 1978 , IN THE AMOUNT OF
$2, 250, 000.
WHEREAS, the City of Batesville, Arkansas (the "City" )
duly advertised and now has under consideration the sale of
X2, 250, 000 City of Batesville, Arkansas Water and Sewer Revenue
Bonds, dated May 1, 1978 (the "Bonds") ; and
WHEREAS, the- following bids were received:
Stephens Inc., Hill, Crawford & Lanford, Inc., Dean,VTitter Reynolds, Inc.
Int rate 6.49575 %
Powell & Satterfield, Inc., Rauscher Pierce Sec.Corp., UMIC, Inc., Brittenum &Assoc.,
Harrow Smith & Co., E.L. Villareal &- Co., A. Duncan Williams, Inc.
Int rate 6.4688
and;
WHEREAS, the City has received and considered the
said bids;
NOW, THEREFORE, BE IT RESOLVED by the City Council
of the City of Batesville, Arkansas :
Section 1. That the bid of Powell & Satterfield 8� athers
, for the Bonds is hereby
found and declared to be the best bid and said bid is hereby
accepted, subject to the terms and conditions of the Notice of
Sale of the Bonds .
ADOPTED rf , 1978 .
APPROVED:
ATTEST: Mayor
.CL.GLI
CitY Clerk
(SEAL)
CERTIFICATE
I, the undersigned, City Clerk of Batesville, Arkansas ,
hereby certify that the foregoing pages are a true and compared
copy of a Resolution adopted at a session of the City
Council of Batesville, Arkansas, held at the regular meeting
place of the Council in the City at Z YO o'clock P.m. , and that
the Resolution is of record in Resolution Record Book No. ,
Page j_, now in my possession.
GIVEN under my hand and seal this day of ,
1978.
r
city Clerk
(SEAL)