HomeMy WebLinkAbout2023-01-02-R RESOLUTION NUMBER a0d 3 D1 0ca—'/S
A RESOLUTION DESIGNATING AND AUTHORIZING THE MAYOR, CITY CLERK AND
CITY ENGINEER TO EXECUTE CERTAIN DOCUMENTS IN CONNECTION WITH
FUNDING ADMINISTERED BY THE ARKANSAS NATURAL RESOURCES
COMMISSION
WHEREAS,the City of Batesville, Arkansas owns and operates a Water System (the "System")
in order to provide water services to meet the needs of the City and its inhabitants; and
WHEREAS, the City Council has determined that it is in the best interest of the City and its
inhabitants to apply for loan assistance from the Arkansas Natural Resources
Commission(the "ANRC"), in order to make certain improvements to the System;
NOW, THEREFORE, BE IT RESOLVED by the City Council of Batesville, Arkansas:
Section 1. That the Mayor of the City, as the Signatory Agent or the successor of said Agent,
is hereby authorized and directed to make application for assistance administered by the
ANRC and to execute, when approved by the City Council, a bond purchase agreement
and instruments issued or made pursuant thereto on behalf of the City from time to time.
Section 2. That the City Clerk, as a Signatory Agent or the successor of said Agent, is
hereby authorized to execute, for and on behalf of the City, all other documents and
certificates required.
Section 3. That the City Engineer, as a Signatory Agent or the successor of said Agent, is
hereby authorized to execute, for and on behalf of the City, all other documents and
certificates required.
PASSED:jdTU 2023
APPROVED:
Attest: Rick Elum
Mayor
Denise M. Johnston 61
City Clerk