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Home My WebLink About1958-04-18 Minutes (2)313 principal of and interest on which, are unconditionally guaranteed by; the Unites State • Ordinance Government; which shall mature, or +dhich shall be subject to redemption by the holder . 11thereof, at the option of such holder, not later than the date or dates when the moneys No,66 Continued held for the credit of the particular fund will be required for the purposes intended. (d) Obligations so purchased as an investment of moneys in any such fund shall• be placed in the custody of the City Treasurer and shall be deemed at all times to be a part of such fund and the interest accruing thereon and any profit realized from such investment shall be credited to such fund, and any loss.resulting from such investment shall be charged to such fund. Section 30. That in the event the office of Mayor, City Clerk, City Treasurer or City ouncil shall be abolished, or any two or more of such offices shall be merged or consolidated, or in the event the duties of a particular office'shall be transferred to another office or officer, or in the event of a vacancy in c.ny such office by reason of death, resignation, removal from office or otherwise, or in the event any such offic shall become incapable of.performing the duties of his office by reason of sickness, absence from the City or otherwise., all powers conferred and all obligations and dxties imposed upon such office or officer shall be performed by the office or officer succeed ing to the principal functions thereof, or by the office or officer upon whom such powe obligations and duties shall be imposed by law. Meeting f public he on'Bond Ordinance LJ Specia Session called immediate followin other sp meeting. Section 31. That the Mayor is hereby directed to publish for one insertion in The Nor wes rkansas Times, which is hereby found and declared to be a newspaper published in ayettev 1 e, Arkansas and of general circulation therein, this ordinance, to which shall be attached a notice signed by him in substantially the following form: N 0 T I C E Notice is hereby given that the City Council of the City of Fayetteville, Arkansas had adopted the ordinance hereinafter set out; that the City contemplates the issuance of the Waterworks and Sewer Refunding and Con- struction Revenue Bonds described in the ordinance; that any person inter- ested may appear before they Council on the 1st day of Ma , 1958 at 7:30 o'clock m, at the usual meeting place of the Council in Cit Administron Building and present protests. At such hearing all objections and suggestions will be heard, and the Council will take such action as is deemed proper in the premises. Dated this 21 day of April , 1958. Section 32. That this ordinance shall not create right of ani nd shall arise hereunder pursuant to it this ordinance shall be issued and delivered. Mayor any right of any kind and no. until the bonds authorized by Section 33. That the provisions of this ordinance are hereby declared to be separable and if any provision shall for any reason be held illegal or invalid, it shal not affect the validity of the remainder of the ordinance. Section 34. That all ordinances and resolutions and parts thereof in conflict herewith e hereby repealed to the extent of such conflict. Section 35. That it is hereby ascertained and declared that the Waterworks and Sewer System serving the City of Fayetteville, Arkansas is vh olly inadequate for the needs of the City and the inhabitants thereof, thus endangering the life, health and safety of the inhabitants and their property, and that the extensions, betterments and improvements required to alleviate said hazards can be obtained only by the issuance of the revenue bonds authorized hereby. It is, therefore, declared that an emergency exists and this ordinance being necessary for the immediate preservation of the public peace, health and safety shall take effect and be in force from and after its passage. Passed: the 18th day of April 1958. APPROVED: AUS N PARIS , YOR ATTEST* GEOR DAVIS, CITY CLERK Alderman Burgin moved that the Council meet at 7:30 o'clock P.M: on the lst day of May, ng 1958, at its usual meeting place, for a public hearing on said Ordinance No. 1166, and that the Mayor give the required statutory notice. The motion was seconded by Alderman Lunsford and upon roll call the following vote was recorded: "Aye" Smith, Burgin, Lunsford, Williams, Hatfield, Kent, and Walker. "Nay" Barnhart. There being seven "Ayes" and only one "Nay", the Mayor declared the motion passed. The purpose of this meeting having been accomplished, Alderman Smith moved to adjourn_ The motion was seconded by Alderman Williams and passed unanimously, whereupon the Mayor declared the meeting adjourned. APPROVED: I / —// - / , / 9I UEURUE(k* d)AVIS2 CITY CLEW, The Mayor called the City Council of Fayetteville, Arkansas, into special session immediately following the adjourning of the special session at which a public hearing ial on the Water and Sewer Rate Ordinance as heldd AA 18, 1958, to consider matter cf closing certain streets and alleys.in 1kestwood editionxil . PI�EeSENT: M�a�OR T.Huar,W PRRls/i, e.'rje.A.eRK GEeR�S T o/iYis� CiryyTTy.tfP, �/7" iTy EN 6• W. C• Soni TN •6c-� j� c DE��'i�EN. �B/iRN/iH�QT SMiTA'� OU)f61 H, .GUNSPORO #VA4 CifiMS1 s� I 314 c Arkansas State Senator Clifton Wade appeared before the Council and presented a petition Petition t£or closing certain portions of certain streets and alleys in Westwood Addition in the to close ity of Fayetteville, Arkansasi. • certaib After a brief discussion, upon motion by Alderman Smith, seconded by Alderman Burgin, streets the following Resolution was unanimously adopted: and alleys in Westwood RESOLUTION 6-58 Addition and WHEREAS, it appears that the petition of P. H. Burnett and Roselyn Lee Burnett to Resolut- F acate certain portions of streets and alleys in Westwood Addition to the City of Fayette - ion Dille, Arkansas, was duly filed with the City Clerk of the City of Fayetteville, Arkansas, for on April 18, 1958; and same. n „i �(�` WHEREAS, it appears that said petition was duly referred to'the Planning Commission �%J b of the City of Fayetteville, Arkansas, and that the Planning Commission has recommended It he granting of said petition. NOW, THEREFORE, BE IT RESOLVED: 1. That the 12th day of May, 1958,,be and it is hereby fixed as the day and date fc .earing upon said petition. 2. That the City Clerk of the City of Fayetteville, Arkansas, be and he is hereby irected to give notice of such hearing by publication thereof for once a week for two 2) consecutiv& weeks in the Northwest Arkansas Times, a newspaper published in Washingt ounty,Arkansas, and having a general circulation in the City of Fayetteville, Arkansas, 3. That the City Clerk of the City of Fayetteville, Arkansas, be and he is hereby rected to cause an abstractor's certificate as to the record owners of the lots abuttin@ on said alley to be attached to said petition prior to the date set for hearing thereon. PASSED AND APPROVED this 18th day of April, 1958. APPROVED: // / ' 1 , / ,) EST• ^� GE RGE JT/DAVIS, "C`IT'Y CLERK Mayor then stated that the purpose of the meeting had been accomplished and he lared the meeting adjourned. APPROVED*/ Jf EST:.25 US IN PAHISHAYOH UEOffG 06J-YArV6j UITX CLEM i 0