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HomeMy WebLinkAbout20-83 RESOLUTIONRESOLUTION NO. 070- 23 j A RESOLUTION APPROVING THE ISSUANCE OF REVENUE BONDS IN THE PRINCIPAL AMOUNT OF $300,000 BY CENTRAL BUSINESS. IMPROVEMENT DISTRICT NO. 1 OF THE CITY OF FAYETTEVILLE TO FINANCE THE CONSTRUCTION AND RENOVATION OF THE GUISINGER BUILDING INTO PROFESSIONAL OFFICES. WHEREAS, the Fayetteville Board of Directors has held a public hearing on the question of approving the issuance of revenue bonds in the principal amount of $300,000 by Central Business Improvement District No. 1 of the City of Fayetteville to finance the acquisition and renovation of the Guisinger Building on the downtown square into professional offices by Bobby Odom; and WHEREAS, notice of said public hearing has been duly published; and WHEREAS, the Board of Directors has heard all persons designed to be heard on the question and has determined that the issuance of said bonds should be approved: , NOW, THEREFORE, BE IT RESOLVED BY THE -BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: That the Board of Directors hereby approves the issuance of revenue bonds in the principal amount of $300,000, by Central Business Improvement District No. 1 of the City of Fayetteville to finance the acquisition and renovation of the Guisinger Building on the downtown square for professional offices by Bobby Odom. A,SED AND APPROVED this 4/574 -day of/E' ,/ , 1983. r �1 F'4 r fzjl` APPROVED: 1m N l v' r4S ArET T4:44' By:Sc-w. Q /1.4 City Clerk B Mayor 47.1 RESOLUTION NO. a0- p 3 • A RESOLUTION APPROVING THE ISSUANCE OF REVENUE BONDS IN THE PRINCIPAL AMOUNT OF $300,000 BY CENTRAL BUSINESS IMPROVEMENT DISTRICT NO. 1 OF THE CITY OF FAYETTEVILLE TO FINANCE THE CONSTRUCTION AND RENOVATION OF THE GUISINGER BUILDING INTO PROFESSIONAL OFFICES. WHEREAS, the Fayetteville Board of Directors has held a public hearing on the question of approvingthe issuance of revenue bonds in the principal amount of 300,000 by Central Business Improvement District No. 1 of the City of Fayetteville to finance the acquisition and renovation of the Guisinger Building on the downtown square into professional offices by Bobby Odom; and WHEREAS, notice of said public hearing has been duly published; and WHEREAS, the Board of Directors has heard all persons designed to be heard on the question and has determined that the issuance of said bonds should be approved. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: That the Board of Directors hereby approves the issuance of revenue bonds in the principal amount of.$300,000 by Central Business Improvement District No. 1 of the City of Fayetteville to finance the acquisition and renovation of the Guisinger Building on the downtown square for professional offices by Bobby Odom. PASSED AND APPROVED this 41574 -day of/E , 1983. ATTEST: A7';A:49a; :(2-452# City Clerk APPROVED: By: Mayor