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RES NO 01-05-1996 CITY OF VAN BUREN, ARKANSAS :RESOLUTION NO. S' -1996 AN RESOLUTION AMENDING RESOLUTION N0. 2 -1 -1995. WHEREAS, On February 27, 1995, by Resolution 2 -1 -1995, the Van City Council approved the making of an interest free loan of $35,201.00 to the Western Arkansas Regional Solid Waste Management District for the purpose of assisting in the development of a regional solid waste processing or disposal facility; and WHEREAS, The Western Arkansas Regional Solid Waste Management Board has been advised by the Arkansas Attorney General's Office that such a loan by a municipality to the District could possibly be considered in violation of the Arkansas Con- stitution, Article 12, Section 5 but that a grant of funds to the district would not be illegal. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: SECTION 1: THAT Resolution No. 2 -1 -1995, is hereby amended to delete any reference to a loan and, instead, substitute the word "grant PASSED AND APPROVED THIS 22nd DAY OF JANUARY ,19 96 )1 ATTESTED: C,�1, 7„ :777 ms CITY CLERK- TREASURER