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HomeMy WebLinkAboutOrdinance 2471 FILED " F? RECORD 19178 OCT 19 AN Io. 13 ORDINANCE NO . a `/7l 19A HIN TOPI ct)UNTY ARK ALMA CIRCUIT CLtR�R AN ORDINANCE AMENDING ORDINANCE NO , 2459 , ADOPTED ON THE 15th DAY OF AUGUST , 1978 , PERTAINING TO AN INDUSTRIAL PLANT ; PRESCRIB- ING OTHER MATTERS PERTAINING THERETO ; AND DECLARING AN EMERGENCY . WHEREAS , the City of Fayetteville , Arkansas ( the " City " ) Jadopted Ordinance No . 2459 , passed and approved on the 15th day of August , 1978 ( " Ordinance No . 2459 " ) , which Ordinance No . 2459 authorized the issuance of $500 , 000 in principal amount of Industrial Development Revenue Bonds - Arkansas Best Project , Series 1978 ( the " Bonds " ) , pursuant to the provisions of Act No . 9 of the First Extraordinary Session of the Sixty- Second General Assembly of the State of Arkansas , approved January 21 , 1960 , as amended ; and WHEREAS , it is necessary to amend Ordinance No . 2459 to change the name of the Company from Arkansas Best Corporation , a Delaware corporation , to Arkansas Bandag Corporation , an Arkansas corporation ; NOW , THEREFORE , BE IT ORDAINED by the Board of Directors of the City of Fayetteville , Arkansas : Section 1 . ' That Ordinance No . 2459 be amended in that where references is made to Arkansas Best Corporation are hereby amended to read " Arkansas Bandag Corporation . " Section 2 , That Ordinance No . 2459 , as amended hereby , is continued in full force and effect . Section 3 . That there is hereby found and declared to be an immediate need for the securing and developing of industry in order to provide employment and payrolls , alleviate unemployment and otherwise benefit the public health , safety and welfare of the City and the inhabitants thereof , and the issuance of the Bonds authorized hereby and the taking of the action authorized by Ordinance No . 2459 , are amended hereby , are immediately necessary for the accomplishing of these public benefits and purposes . It is , 978 . ll 3 therefore , declared that an emergency exists and this Ordinance being necessary for the immediate preservation of.. the public peace , health and safety shall be in force and effect immediately upon and after its passage . rC�e � PASSED : September 19 , 1978 . APPROVED : 'f � Ma rm t Clerk Mayor ? � SEPL)' v Quh 978 X14 CERTIFICATE The undersigned , City Clerk of the City of Fayetteville , Arkansas , hereby certifies that the foregoing pages are a true and compared copy of an Ordinance passed at a regular session of the Board of Directors held at the regular meeting place of the Board at 7 : 30 o ' clock p . m . , on the 19th day of September , 1978 , and that the Ordinance is of record in Ordinance Record Book No . �, Page // 7—/I S , now in my possession . _ GIVEN under my hand and the seal of the City this 19th say o September , 1978 . F,AJFT,a�`�< : City Clerk ( S;?A m� - : w 1. b CERTIFICATE OF RECORD State of Arkansas City of Fayetteville ( SS I, Susanne C• Kennedy, City Clerk and &LOffitio recorder for the City of Fayetteville, do hfamhy tutify that the anneee3 or fore- ik&l ! it of YCcord in Rey office and the same ap- Wft in Ordinance & Reso?ution Soo: �Ll —at page- 41-2—. W'Anew my w6via mad seal of City tierk mad lx=bifkio Recar&r - CERTIFICATE OF RECORD ARI:.' NSAS I . ' County I SS. L. Kollmeyer, Circuit clerk and Ex-Offclo Recorder for _ washincton County, do hereby certify that the annexed or fore. going instrument was filed for recor in my office on the /,?day of 191atPAO Lo'clockL9M, and the same is duly recorded in ,Di Witnessy —record 997 atpage�,�' Q �l I m hand and seal this day of 197 `' �Q r '( 5 Circuit Clerk and Ex-Officio Recorded By Deputy rfm,� -