HomeMy WebLinkAbout2026-04-03-R RESOLUTION NO. 2026-04-03-R
A RESOLUTION AUTHORIZING THE BATESVILLE WATER UTILITY TO PAYOFF
BETHESDA WATER ASSOCIATION DEBT WITH THE US DEPARTMENT OF
AGRICULTURE
WHEREAS, that the plan to consolidate the Bethesda Water Association into the
Batesville Water Utility has been approved by the Arkansas Department of Agriculture;
WHEREAS, that Bethesda Water currently owes sums to the US Department of
Agriculture for a prior loan;
WHEREAS,that the Council of the City of Batesville has determined that it is in the best
interest for the Batesville Water Utility to payoff said sums.
NOW THEREFORE, BE IT RESOLVED by the Council of the City of
Batesville,Arkansas as follows:
Section 1. The Batesville Water Utility is hereby authorized to pay off the
Debts owed by the Bethesda Water Association to the United States Department of Agriculture in
the amount of$357,633 more or less.
PASSED AND APPROVED this 14:'day of April,2026.
APPROVED:
BY: '
d
May ck Elumb - h
ATTESTED:
B
"Citlyrk Jessica avis