RES NO 12-04-1981 1' t-1-\g81
0
RESOLUTION NO. 7 1- 4. 2- /7 1,/
A RESOLUTION AWARDING TO PURCHASER THE CITY
OF VAN BUREN, ARKANSAS GENERAL OBLIGATION
STREET IMPROVEMENT BONDS, DATED JANUARY 1,
1980, IN THE AMOUNT OF $850,000
WHEREAS, the City of Van Buren, Arkansas (the "City
duly advertised and now has under consideration the sale of
$850,000 City of Van Buren, Arkansas General Obligation Street
Improvement Bonds, dated January 1, 1980 (the "bonds and
WHEREAS, the following bid was received:
Farmers Home Administration
U. S. Department of Agriculture 5%
and No further Bids were received
WHEREAS, the City has received and considered the bid;
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Van Buren, Arkansas that the bid of Farmers Home
Administration, U. S. Department of Agriculture at 5% for the
bonds is hereby found and declared to be the best bid and the bid
is hereby accepted, subject to the terms and conditions of the
Notice of Sale of the bonds.
ADOPTED: 1/4/1 3/ 198L.
APPRO ED:
ATTEST:
a rriA'
`1164 ,/z____ Robert E "Gene" Be 1, Mayor
City Jerk
(SEAL.'
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