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ORD NO 31-1981 CITY OF VAN BUREN, ARKANSAS ORDINANCE NO. 1981 AN ORDINANCE AUTHORIZING THE VAN BUREN WATER SEWER COMMISSION TO ADVANCE MONEY IN INSTALLMENTS FROM TIME TO TIME, AND WITHOUT LIMITATION, 0 TO THE PROPOSED SEWER IMPROVEMENT DISTRICT ENCOMPASSING VISTA HILLS AREA OF THE CITY OF VAN BUREN, ARKANSAS, FOR THE PURPOSE OF ADVANCING ORGANIZATIONAL EXPENSES THEREOF. WHEREAS, The Van Buren Water and Sewer Commission has determined in a Resolution dated the 8th day of October, 1981, that it is vital to the City of Van Buren, Arkansas, that the Van Buren Sanitary Sewer System be extended to the Vista Hills area of the City of Van Buren, Arkansas; and WHEREAS, In the same Resolution, the Van Buren Water and Sewer Commission has determined that a Sewer Improvement Dis- trict in that area is the best way to achieve the extension of the Sewer System to the Vista Hills area; and WHEREAS, It is necessary that organizational expenses be paid in organizing the proposed Sewer Improvement District for that area before such time as the Sewer Improvement Dis- trict, itself, could, in fact, pay such expenses; and WHEREAS, Arkansas Statutes Annotated Section 20 -244 and Arkansas Statutes Annotated Section 20 245, provide for the advance- ment by a municipality, from its Water Sewer operations, of money to a proposed Improvement District for the purpose of advancing organizational expenses thereof; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: SECTION 1, THAT The Van Buren Water Sewer Commission is hereby authorized to advance the organizational expenses of the proposed Sewer Improvement District for that area known as Vista Hills in the City of Van Buren, Arkansas, by installments from time to time, and without limitation. PASSED AND APPROVED THIS 19th DAY OF October ,19 81 P A MAYOR ATTESTED: C TY CLERK TREASURER i; RESOLUTION A RESOLUTION REQUESTING THAT THE CITY COUNCIL OF VAN BUREN, ARKANSAS, AUTHORIZE THE VAN BUREN WATER SEWER COMMISSION, BY ORDINANCE, TO ADVANCE MONEY IN INSTALLMENTS FROM TIME TO TIME, AND WITHOUT LIMITATION, TO THE PROPOSED SEWER IMPROVEMENT DISTRICT ENCOMPASSING THE VISTA HILLS AREA OF THE CITY OF VAN BUREN, ARKANSAS, FOR THE PURPOSE OF ADVANCING ORGANIZATIONAL EXPENSES THEREOF. WHEREAS, the Van Buren Water Sewer Commission has determined that it is vital to the City of Van Buren, Arkansas, that the Van Buren Sanitary Sewer System be extended to the Vista Hills area of the City of Van Buren; and, WHEREAS, the Van Buren Water Sewer Commission has determined that a Sewer Improvement District in that area is the best way to achieve the extension of the sewer system to the Vista Hills area; and, WHEREAS, it is necessary that organizational expenses be paid in organizing the proposed Sewer Improvement District ,for that area before such time as the Sewer Improvement District, itself, could, in fact, pay such expenses; and, WHEREAS, Arkansas Statutes Annotated Section 20 -244 and Arkansas Statutes Annotated Section 20 -245, provide for the advancement by a municipality of money'to a proposed Improvement District for the purpose of advancing organizational expenses thereof; NOW, THEREFORE, BE IT RESOLVED by the Water Sewer ,,Commission of the City of Van Buren, Arkansas; 1. That the Van Buren Water Sewer Commission ;;does hereby recommend to the City Council of Van Buren, 'Arkansas, that the Water Sewer Commission be '.authorized by an Ordinance of the City Council to advance the organizational ij I, ii li 11 I I 6 r" .vim I !I I. I� 1 11 expenses of the proposed Sewer Improvement District, for that n area known as Vista Hills in the City of Van Buren, Arkansas, j; by installments from time to time, and without limitation. h PASSED AND APPROVED this day of October, 1981. APPROVED: ji C. E. DOUGAN, CHAIRMAN VAN BUREN WATER /SEWER COMMISSION v ATTEST: 412, II LOUISE RAY j SECRETARY TREASURER j I 1 it n li it !1 t. l i II I 11 it it I