title
Minutes for the City Council meeting on July 16, 1979
body
CITY COUNCIL MINUTES JULY 16, 1979
The Jonesboro City Council met in regular session, Monday, July 16, 1979, at 7:30 p.m. Present were, Mayor, City Attorney, City Clerk and all aldermen except Mr. Minx.
Mr. Park moved that the minutes of July 2, be amended to read “the Mayor be authorized to negotiate up to $21,000.00 for salary of Chief of Police.” Motion seconded by Mr. Mays. Mr. Park then moved that the minutes be approved as mailed, second by Ms. Haigler, all voted aye.
Mr. Sanderson offered the following ordinance:
AN ORDINANCE AUTHORIZING THE ISSUANCE OF INDUSTRIAL DEVELOPMENT REVENUE BONDS FOR THE PURPOSE OF PROVIDING PERMANENT FINANCING FOR INDUSTRIAL FACILITIES; AUTHORIZING A TRUST INDENTURE SECURING THE BONDS; AUTHORIZING A LEASE AND AGREEMENT BETWEEN THE CITY OF JONESBORO, ARKANSAS, AS LESSOR, AND HYTROL CONVEYOR COMPANY, INC. AS LESSEE; AUTHORIZING THE SALE OF THE BONDS AND THE EXECUTION OF A BOND PURCHASE AGREEMENT IN CONNECTION THEREWITH; AUTHORIZING AND PRESCRIBING OTHER MATTERS RELATING THERETO; AND DECLARING AN EMERGENCY
Mr. Hannah moved that the rules be suspended and the ordinance be placed on second reading, second by Mr. May, all voted aye. Mr. Hannah then moved for further suspension of the rules and ordinance placed on third reading, second by Mr. Hinson, all voted aye. The emergency clause was adopted unanimously, on motion by Mr. Sanderson second by Mr. Hinson, and the ordinance was assigned #1688.
The ordinance was adopted with the stipulation that the agreement for payment in lieu of taxes is approved by the Mayor and City Clerk before signing of the bonds.
Mayor read letters to council from Central Business District, Downtown Merchants assoc. and Chamber of Commerce requesting that the City obtain right-of-way for overpass on Main Street. Mr. Hannah moved that the Mayor be authorized to spend up to $60,000 from Parking Meter Fund for purchase of right-of-way for o...
Click here for full text