HomeMy WebLinkAbout74-81 RESOLUTIONRESOLUTION NO. -74 9 I
A RESOLUTION AUTHORIZING A'LOAN FROM THE GENERAL FUND TO THE
AIRPORT FUND. t` -
BE IT RESOLVED BY THE BOARD OF DIRECTORS;OF THE CITY OF FAYETTEVILLE,
ARKANSAS:
That the Board of Directors hereby authorizes and ratifies a prior
loan at 10% interest from;,the General Fund to the Airport Fund to cover
any operating deficit at the airport. The loan was set up as of
May 1, 1979 and as of this date totals $600,000 plus approximately
$105,000 in accumulated interest.
PASSED AND APPROVED THIS 7 DAY OF / . , 1981.
APPROVED:
0.?
•
•
ASSISTANT MAYOR
CZ?tTIFIGATE (OF 'RECORD
* ,Arkansas
City tan Le1ayetteville
1, nylon ;Koettel, \City;Cterk rand ' , -.
recorder :for the :City of:Faytttesliile, ib 7114. -Th -
by •cez'tfy ,that the annexed�. •:::li
of ,,ec xdor fate,;ol.,g is
�n my office .End itthra tait8 %Yr,
iR.€frS fin (Ordinance iC ReBoin'lioii look
!Page V 0 ° . CrV{:i1'A$s illy
sad AR Ot
City Clerk and Ex -Officio ReCordet
,L ED
a a.