HomeMy WebLinkAbout78-88 RESOLUTION _ SCANNED
RESOLUTION NO. 78-88
WASTE DISPOSAL AND POLLUTION ABATEMENT BONDS
WHEREAS, it has been estimated that the municipalities need
in excess of $400 million to construct needed sewage collection
and treatment facilities and solid waste disposal facilities;
WHEREAS, Federal assistance programs for these purposes are
limited;
WHEREAS, the General Assembly of the State of Arkansas , by
enacting the Arkansas Waste Disposal and Pollution Abatement
Facilities Financing Act of 1987 (the "Act" ) has provided a
possible state fund for financing this need; and
WHEREAS, no funds will be available under the Act except by
and with the consent of a majority of the qualified electors of
the State of Arkansas voting for the issuance of the Arkansas
Waste Disposal and Pollution Abatement Facilities General
Obligation Bonds in the 1988 General Election.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CITY OF FAYETTEVILLE, ARKANSAS:
That the City of Fayetteville supports the approval of the
Arkansas Waste Disposal and Pollution Abatement Facilities General
Obligation Bonds by the electors in the 1988 General Election.
PASSED AND APPROVED this 18th day of October 1988
APPROVED
By:
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