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Minutes for the City Council meeting on July 18, 1977
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CITY COUNCIL MINUTES JULY 18, 1977
The Jonesboro City Council met in regular session, Monday, July 18, 1977, at 7:30 p.m. Present were Mayor, City Clerk, City Attorney, and the following named aldermen: Park, Sanderson, Hinson, Shelton, Bridger, Minx, Hannah, Haigler, Stricklin, Province, Smith and Shepard.
Mr. Shepard corrected the minutes to read…Stadium Boulevard instead of Indian Boulevard. Mr. Stricklin then moved that the minutes be approved as mailed, seconded by Mr. Hinson. All voted aye.
On request of Mr. Gene Gregory that the alley between Miller and Bridge be opened, Mr. Sanderson moved that the request be referred to the Street Committee for their recommendations, seconded by Mr. Shelton and receiving unanimous vote of council.
Mr. Sanderson offered the following ordinance:
AN ORDINANCE AUTHORIZING THE ISSUANCE OF INDUSTRIAL DEVELOPMENT REVENUE BONDS UNDER ACT NO. 9 OF 1960, AS AMENDED, FOR THE PURPOSE OF PROVIDING PERMANENT FINANCING FOR THE COST OF SECURING AND DEVELOPING INDUSTRY (THE PARTICULAR INDUSTRIAL PROJECT IS DESCRIBED IN THE ORDINANCE); AUTHORIZING THE EXECUTION AND DELIVERY TO EXECUTION AND DELIVERY TO A TRUST INDENTURE SECURING THE BONDS; AUTHORIZING AND PRESCRIBING CERTAIN OTHER MATTERS PERTAINING TO THE INDUSTRIAL PROJECT, THE CERTAIN OTHER MATTERS PERTAINING TO THE INDUSTRIAL PROJECT, THE CONSTRUCTION THEREOF AND THE FINANCING THEREOF; AUTHORIZING A LEASE AGREEMENT BETWEEN THE CITY OF JONESBORO, AS LESSOR, AND WHEELER BRICK CO., INC. AS LESSEE, IN SUBSTANTIALLY THE FORM AND WITH SUBSTANTIALLY THE CONTENTS SET FORTH IN AND MADE A PART OF THIS ORDINANCE: AUTHORIZING THE EXECUTION AND DELIVERY OF THE LEASE AGREEMENT; PRESCRIBING OTHER MATTERS RELATING THERETO, AND DECLARING AN EMERGENCY
Mr. Sanderson moved that the rules be suspended and the ordinance be placed on second reading, seconded by Mr. Smith. Mr. Sanderson moved that the rules be further suspended and the o...
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