HomeMy WebLinkAboutQuestionnaire for BatesvilleQUESTIONNAIRE FOR
CITY OF BATESVILLE, ARKANSAS
SALES AND USE TAX REFUNDING AND IMPROVEMENT BONDS
What is the estimated commencement date for the park improvements to be financed by
the bonds? Public Engagement meetings will begin in September or 2023 with
Construction commencing in September of 2024.
2. What is the estimated completion date for the park improvements to be financed by the
bonds? September 2026. The City should have records documenting its reasonable
expectation of spending the bond proceeds within three years. Meeting minutes,
engineering studies and documentation showing an imminent need to borrow for a project
will be helpful evidence. The City may choose to issue some taxable bonds or to issue the
bonds over a series of years, rather than at one time, if the City does not reasonably expect
to spend the initial bond proceeds within three years.
The City of Batesville, Arkansas Sales and Use Tax Bonds, Series 2012 were issued for
the purpose of financing all or a portion of the costs of acquiring, constructing, furnishing
and equipping park and recreational improvements, including particularly, without
limitation, a multi -purpose community center, swimming facilities, baseball fields, softball
fields and soccer fields, and any necessary land acquisition, and parking, landscaping,
signage, drainage, lighting, concession, road and utility improvements related thereto
(collectively, the "2012 Project").
Does any third party use any portion of the 2012 Project pursuant to a contract with the
City? NO If so, please provide a copy of any such contract.
4. Are there any material lawsuits or regulatory proceedings pending against the City or, to
your knowledge, threatened against the City? NO If so, please have the City Attorney
describe such lawsuits or regulatory proceedings in a separate letter.
Please review, revise and complete the following information as needed:
Transportation. The City is served by U.S. Highway No. 167. The City has a municipal
airport with a 6,002 foot lighted runway. Several motor freight carriers make shipments
from the City to major cities across the United States.
Government. The government of the City operates under the mayor -city council form of
government, pursuant to which a mayor and six council members are elected for four-year
terms. The current Mayor and City Council Members of the City, their principal
occupations, and the dates their terms expire are as follows:
Name
Occupation
Term Expires
Rick Elumbaugh
Mayor
December 31, 2026
Brittany Bennett
Business Owner
December 31, 2024
Tommy Bryant
Retired
December 31, 2024
Scott Fredricks
Occupational Therapist
December 31, 2024
Paige Hubbard
Business Owner
December 31, 2024
Fred Krug
Retired
December 31, 2024
Doug Matthews
Dentist
December 31, 2024
Chris Poole
White River Health
December 31, 2024
Julie Hinkle
Bank of Cave City
December 31, 2024
Medical Facilities. The City is served by the White River Medical Center, with
approximately 224 beds, and by approximately 93 physicians.
Education. Primary and secondary education for the City's inhabitants are provided by a
public school system. The University of Arkansas Community College at Batesville and
Lyon College are both located in the City.
Financial Institutions. The City is served by The Citizens Bank and First Community
Bank, which have their principal offices in the City. The City is also served by branches
of Bank of Cave City, Centennial Bank, FNBC Bank, Merchants and Planters Bank and
Southern Bank.
6. Please provide a list of the largest employers in the City. Please provide the name of the
employer, the product or service and the number of employees.
White River Health 1,739
Peco Foods 1,500
Bad Boy Mowers 1,000
7. Have there been any significant recent additions to or loss of employment within the City?
Do you have knowledge of any presently proposed significant additions to or loss of
employment within the City? If so, please describe. We have not had any significant
changes to the employment within the City of Batesville recently. Two major
manufacturing companies have plans to expand in the near future, but there has not
been a definitive number of additional employees announced for either expansion.
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