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HomeMy WebLinkAbout02-42 RESOLUTIONRESOLUTION • • Be it resolved by the Wa mett trees of the City of Fayetteville, Arkansas, that the security placed in escrow by J. A. Adams and Nora B. Adams which consists of Water Revenue Bonds of the City of Fayetteville, be and 411.the same are, hereby released and Mcl3roy Bank and Trust Com- pany, the escrow agent, 1s hereby ordered and directed to deliver said bonds to the persons entitled to the same, free and clear of any claims of the City Water Plant or the Water Improvement District. The consideration of this resolution is the assumption of pngrnent byethe State of Arkansas of the bonds outstanding in Road Improvement District No. 2 of Washington County, Arkansas as indicated by the letter of F. A. Storey, Jr., supervisor of the Refunding Board, which letter was addressed to Mr. C. D. Atkinson of Fayetteville, Arkansas, that all of the Road Improvement District No. 2 bonds have been paid u'. A -e& .,(.tom. -it A-DeeLe,I,A..eS itutn4 Passed and approved, this 9th, day of March, 19420 Attest Approved City Clerk° • Mayor •