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Minutes from the City Council meeting on April 21, 1975
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CITY COUNCIL MEETING APRIL 21, 1975
The Jonesboro City Council met in regular session, Monday, April 21, 1975, at 7:30 p.m. There were present: Mayor, City Clerk, City Attorney, and the following named aldermen: Ward, Sanderson, Bridger, Burns, Stricklin, Minx, Smith, Bowers, Haggenmacher, Johnson, Hannah and Darling.
Mr. Roy Cooper, representing the Streets and Highway Department of the Chamber of Commerce, presented a list of priorities amending the 1974 plan. On motion of Mr. Darling, seconded by Mr. Sanderson, the plan was approved by unanimous vote to council.
Mr. Hannah offered the following ordinance for 1st reading:
AN ORDINANCE AUTHORIZING THE ISSUANCE OF INDUSTRIAL DEVELOPMENT REVENUE BONDS UNDER ACT NO. 9 OF THE FIRST EXTRAORDINARY SESSION OF THE SIXTY SECOND GENERAL ASSEMBLY OF THE STATE OF ARKANSAS, APPROVED JANUARY 21, 1960, AS AMENDED, FOR THE PURPOSE OF PROVIDING PERMANENT FINANCING OF THE COSTS OF SECURITY AND DEVELOPMENT INDUSTRY (THE PARTICULAR INDUSTRIAL PROJECT IS DESCRIBED IN THE ORDINANCE); AUTHORIZING THE EXECUTION AND DELIVERY OF A TRUST INDENTURE SECURING THE BONDS AUTHORIZING AND PRESCRIBING OTHER MATTERS PERTAINING TO THE INDUSTRIAL PROJECT, THE CONSTRUCTING THEREOF AND THE FINANCING THEREOF: AND DECLARING AN EMERGENCY
Mr. Sanderson moved to suspend the rules and place the ordinance on second reading, seconded by Mr. Smith. All council voted aye, motion carried.
Mr. Darling moved, seconded by Mr. Ward, that the rules be suspended and the ordinance be placed on third and final reading, including the emergency clause. All council voted aye, motion carried.
Mr. Hannah moved for the adoption of the ordinance, seconded by Mr. Darling. All voted aye, motion carried. The ordinance was given the number 1442.
Mr. Ward offered the following ordinance for 1st reading:
AN ORDINANCE AUTHORIZING A SALE AGREEMENT BY AND BETWEEN THE CITY OF JONESBORO, ARKANSAS AND THE GENERA...
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