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ORD NO 04-1961 ORDINANCE N0. 4 -1961 AN ORDINANCE AUTHORIZING AND CREATING A VAN BLIREN PORT AUTHORITY: DEFINING ITS PURPOSE: PROVIDING FOR THE METHOD OE APPOINTMENT TERMS OF OFFICE, POWERS AND DUTIES THEREOF: AND FOR OTHER PURPOSES. Now, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: SECTION 1. That pursuant to the terms and provisions of Arkansas Statutes, Chapter 19, Sections 2720 to 2731, there is hereby established and created a Commission to be known as the V_.n Buren Port Authority, consisting of and governed by a board of five (5) members who are qualified electors residing in the municipality of Van Buren.. The Mayor of the City of Van Buren will be one of the board members and shall also act as Chairman, SECTION 2. Said board members shall be nominated by the Mayor, and such nominations to the Port Authority, hereinafter referred to for convenience as the Authority, shall be confirmed by the City Council. These members of the Authority shall hold office for a term of five (5) years, provided that the board members first appointed shall serve for terms of two (2), three (3), four (4), and.ffve (5), years respectively so that the term of one member shall expire each year, except for one year in every five, after the creation of said Authority and thereafter, upon the expiration of their respective terms, their successors shall be appointed for a term of five (5) years. The members of the Authority shall receive no compensation for their ser' and the Authority shall elect one of their number as Vice Chairman, and shall elect a Secretary and Treasurer, who need not necessarily be members of the board, The Authority shall require a surety bond of the person appointed Treasurer in such amount as the Authority may fix and the premium or premiums thereon shall be paid by said Authority as a necessary expanse of said Authority.. No member of said Board shall engage financially in any navigational or river part enterprise while a member iE said Board. SECTION 3. Any member of the Authority appointed by the provisions of this ordinance may be removed by the Mayor, provided such removal is approved by the City Council. SECTION 4: Said Authority shall be an instrumentality of the City of Van Buren for the accomplishment of the following general purposes: A. To develop, improve or maintain Harbors, Ports, River -rail or Barge Terminals in or near onay city of incorporated town in the State of Arkansas, as they may deem feasible for the more expeditious and efficient handling of waterborne commerce from and any other part of the State of Arkansas or any other State or States or Foreign Countries. B. To acquire, construct, equip, maintain, develop and improve the facilities at said Ports, Harbors, Rivur -rail or Barge Terminals and to improve such portions of the waterways thereat as are not within the jurisdiction of the Federal Government, C. To fostur and stimulate the shipment of freight and commerce throughout said Ports, Harbors, River -rail and Berge Terminals, w'hsthe.r originating within or without the State of Arkansas, includ ±no thu investigation and handling of matters pertaining to ofl tr'rnsnu:,tation totes and rate structures affecting thu same. To cooperate with the United States of America and any other agency, department, corporation or instrumentality thereof in the nt ?r:unce development, improvement and use of said Harbors, Voris, River- -rail or Barge Terminals in connection with the furtherance of the operation and needs of the United States. E. To accept funds from any sources and to use the same in such manner, within tha pruposes of said Authority, as shall be stipulated by the source form which received, and to act as. agent or instrumentality for the City of Van Buren in any matter coming within the general purposes of said Authority. F. To act as agent for the United States of America or any egency, corporation or instrumentality thereof, in, any matter coming within the pruposes or powers of the Authority. G, And in general to do and perform any act or function which may tend to or be useful toward the development and improvement of said Harbors, Forts, River -rail or Barge Terminals of the city and to increase the movement of waterbrone commerce, foreign and domestic, through said Harbors, Ports, River -rail and Barge Terminals. The enumeration of the above purposes shall not limit or circumscribe the broad objective of developing to the utmost the port possibilities of the City of Van Buren, Arkansas, SECTION 5. In order to enable the City of Van Buren to curry out the purposes of Act No. 167 of the Acts of Arkansas of 1947, the said Authority shall: A. Have the powers of a body corporate, including the power to sue and be sued, to make contracts, and to adopt and use a common seal. B. Be authorized and empowered to rent, lease, buy, own, acquire, mortgage, otherwise encumber and dispose of such 0 property, real or personal, as said Authority mny deem proper to carry out the pruposes and provisions of this ordinance, all or any of them. C. Be authorized and empowered to acquire, construct, maintain, equip and operate any wharves, docks, peirs, quays, elevators, compresses, refrigeration storage plants, warehouses and other structures and any and all facilities needful for the convenient use of the sr :me in aid of commerce, including the dredging of approaches thereto, and theaconstruction of?belt liia:e rods and causeways necessary or useful in connection therewith, and shipyards, shipping facilities, and transportation facilities incident thereto and useful and convenient for the use thereof, including terminal railroads. D. Appoint and.employ and dismiss at pleasure, such employees as may he selected by the Authority Board, and to fix and pay the compensation thereof. E. Est-blish an office for tho transaction of its Winces at such place or places as, in the opinion of the Authority, shell be advisable or necessary in carrying cut thu purposes of this Ordinance. F. Be authorized and empowered to create and operate such agencies and departments as said board may deem necessary or useful for the furtherance of any of the purposes of this Ord. .ance. G. Be authorized and empowered pay all necessary costs and expenses involved in an incident to the formation dnd.organiion of-.said Authority, and'incident'to the administration and operation thereof and to pay all other costs and expenses reasonably necessary or expedient in carrying out and accomp7.ihn- ing the purposes of this ordinance. H. Be authorized and empowered to act as cgen for the United States of America, or agency, department, corporation or instrumentality thereof, in any matter coming within the pur Pse or powers of the Authority. I. Have the power to adopt, altor or repeal its own by laws, rules and regulations governing the manner in which its business may be transacted and in which the power granteLto it may be enjoyed, and may provide for the appointment of such committees and the function thereof, as the Authority may doom necessary or expedient in facilitation of its business. J. Be authorized and empowered to do any and all other acts and things in this ordinance authorized or required to r done, whether or not included in the general powers in this section mentioned; and, K. Bo authorized and empowered to do any and all thinga necessary to accomplish tho purposes of this ordinance, provided, that said Authority shall not engage in shipbuilding, The property of the Authority shall not be subject to any taxes or assessments thereon. SECTION 6. The said Authority shall in ,addition to the above enumerated powers, have the power of eminent domain and such other and further powers as are now by law given to a Port Authority, and said Authority shall be governed by all existing statutes pertaining to the duties and powers of a Port Authoriy. SECTION 7. All revenues derived from the operation of the Port Authority, after paying the operation expenses and mainten.ence, shall be set aside and used for additional improvements, reserves for depreciation and /or for the retirement of bonds and interest thereon issued by the Ci.:y Council of the City of Van Buren for the purposes herein above enumerated in the manner now provided by law, All Authority funds shall be deposited in a bank cr banks to be designated by the Authority. Funds of the Authority shell be paid out only upon warrants signed by the treas of the Authority and countersigned by the Chairman or the v acting Chairman. No warrants shall be drawn or issued disbursing any of the funds of the Authority except for a purpose:authorized by this ordinance and only when the account or expenditure for which the same is to be given in payment has been audited and approved by the Authority. SECTION 8. The Authority shall meet upon the ci11 of its Chairman and a majority of all its members shall constitute a quorum for the.transacticn of business. SECTION 9. Said Authority shall keep o record of all revenues and expenditures of the Authority, its related properties and facilities and shall submit monthly reports to the City Council. It shell be the duty of the Authority to prepare and file an annual report of the financial affairs and conditions of said Authority annually between January 1st and January 31st; the said report shall be filed in tha office of the City Clerk and said report will be published in some newspaper published in the City of Van Buren and shall show a complete financial statement of all moneys received and disbursed by the A thority during the preceding year. Such statement shall show the several sources from which funds were received, and the balance on hand at the time of publishing the statement, and sh. -11 show the complete financial condition of the Authority. SECTION 10. The Authority shall submit to the City annually, prier to the preparation of the Minicipal Budget, the amount of funds necessary for maintenance, operation and management of the Authority, its related properties and facilities, above the estimated revenue and the funds remaining on hand. SECTION 11. The said Authority shall have the power to promulgate and enforce the rules and regulations governing the matters and things over which said Authority has jurisdiction and 0 control and there is hereby expressly conferred upon said Authority police powers to enforce the rules and regulations and orders of said Authority in order to carry out and effectuate the authority and duties of Laid Authority and such police power mn.• b<< exercised by said Authority through its duly authority a unts. 5' SECTION 12. The Port Authority shall have trio p•;c_: fr regulate the movement and speed of vessels, to est :h1- nnoHrr7ge areas, harbor lines and grading of slopes of banks ono, i.. prohibit filling or dumping in violation of such ostabii:,fr:;c nos and grades within or without the corporate limits of the -ity of Van Buren; to prohibit pollution of harbor water by the discharge of waste or oils wherein; and provide for necossaty _flood controls and developing of harbor areas for public pers and paints of scenic beauty, 5ECTIDN 13, The Authority shall be empowered to fix futon. charges and wharfage end grant permits for the use of the rear and Port facilities. SECTTLN 14, The Civil Service laws shall nut apps, ta the employees of the aid Port Authority, its related prn?r:::rt_. _r= and facilities, SECTION 15, If any section or prevision of this arriSPafse shall be held to be unconstitutional, such holding shell not render the remaining sections or provisions of this erdioanha unconstitutional or affect the validity of same, SECTION '16, All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 17. The City Council has determined the c..•.,o'_il.ish ment of Port Authority is one of urgency and neccssit cad fha public weca,_ slf re requiring ring it, this ordinance shall be affect from and after its passage and approval. PASSED AND APPROVED THIS 3rd DAY DE Allen R. Toothe krr__,- '_?.1_,.._,_...,,, MAYOR ATTEST: Tema L Cruft0n.__15_)� CITY CLERK 0