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Minutes for the City Council meeting on November 7, 1977
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CITY COUNCIL MINUTES NOVEMBER 7, 1977
The Jonesboro City Council met in regular session, Monday, November 7, 1977, at 7:30 p.m. Present: Mayor, City Clerk, City Attorney and the following names alderman: Park, Sanderson, Shelton, Bridger, Minx, Hannah, Haigler, Stricklin, Province, Smith and Shepard. Absent: Hinson.
The minutes of October 17th were amended as showing Mr. Province voting nay on the Craft rezoning.
Bill Hurt, Chairman of the Airport Commission, reported to council that one of the local banks has committed themselves for up to $181,000 for improvements at the Municipal Airport. The Commission would be required only to pay interest on the loan for a five year period. Mr. Sanderson moved that the Airport Commission be given approval to borrow up to $265,000, to be used at the Jonesboro Municipal Airport and to be satisfied by a bond issue which is to be initiated no more than 60 months from the date of loan. The motion was seconded by Mr. Bridger and received unanimous vote of council.
Mr. Sanderson offered the following ordinance:
AN ORDINANCE AUTHORIZING A FIRST SUPPLEMENTAL LEASE AND AGREEMENT: (IN THE FORM AND WITH THE CONTENTS SET FORTH IN THE ORDINANCE) AND AUTHORIZING A FIRST SUPPLEMENTAL TRUST INDENTURE: (IN THE FORM AND WITH THE CONTENTS SET FORTH IN THE ORDINANCE) BOTH IN CONNECTION WITH THE ISSUANCE OF INDUSTRIAL DEVELOPMENT REVENUE BONDS TO FINANCE AN EXPANSION TO THE BAJOHR INDUSTRIAL PROJECT; PRESCRIBING OTHER MATTERS RELATING THERETO; AND DECLARING AN EMERGENCY
Mr. Shepard moved that a Public Hearing on the Act 9 Bond Issue be scheduled for Monday, November 21, at 7:00 p.m. Motion seconded by Mr. Park and received unanimous vote of council.
The following ordinance was on 3rd reading:
AN ORDINANCE TO AMEND SECTION 10-1 OF THE CODE OF ORDINANCE OF THE CITY OF JONESBORO, ARKANSAS; PROVIDING FOR THE COLLECTION OF GARBAGE; AND FOR OTHER PURPOSES
Mr. Minx moved tha...
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