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HomeMy WebLinkAbout2026-08-03-R RESOLUTION NUMBER 2026-08-03-R A RESOLUTION DESIGNATING AND AUTHORIZING THE MAYOR 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 Waste Water Treatment Plant system(the "System") in to meet the needs of the City and its inhabitants; and WHEREAS, said System requires the use of a network of blowers for proper aeration of the treatment lagoons; WHEREAS, said blowers are approximately forty years old and need to be replaced (the "Project"); and WHEREAS, said project will cost approximately sixteen million dollars($16,000;000)to fund; and WHEREAS,the City Council has determined that it is in the best interest of the City and its residents to apply for 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 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 as required for said Project. SECTION 2: That the City Engineer/Manager is hereby authorized to execute,for and on behalf of the City, all other documents and certificates as required for said Project. PASSED: September 8, 2026 APPROVED: Attest: Mayor "Citylerk