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RES NO 08-02-1973 City of Van Buren, Arkansas Resolution 2 -8 -1973 Whereas, the Water Department of the city of Van Buren, Arkansas furnished quarters, supplies and assistance to the Building Inspector for years, and Whereas, they did not charge said Building Inspector with a pro rata share of the expenses of said inspector, and Whereas, the Water Department shows unexpended Income to said Building Inspector in the Amount of 514,528.00, and Whereas, it is the feeling of the City Council that to require the Water Company to pay said amount to the City would be unjustified and work an undue hardship upon the Van Buren Water Company. NOW THERE BE IT RESOLVED By the City Council of the City of Van Buren, Arkansas. 1) That the City Council forgives and canceles the indebtness of 514,528.00 held by the Van Buren Water Co. for the Building Inspector of the City of Van Buren, Arkansas. 2) That they instructed and directed to use said fund as needed for the general operational expenses of the said Municipal Water Co. Passed and Approved this 13th day of August, 1973. Mayor ATTESTED X44 City Clerk„ 0