Professional Documents
Culture Documents
7
An ordiuace to provide for the keeping in repair streets, alleys, roads,
sidewalks and praks in the town of Mo'Q...'1.tain
Home ,
Sec.• 1. All streets, alleys which have heretofore been, or .shall hereafter
be madea matter of record in the mannerprovided by law, all roads that
ha ve or shall be established in pursuance of law in the town are declared
public higbw"ays;and all parks which maybe madea matter of record in the
mannerprovided by law are declared public parks.
Sec. 2•. The Marshall, as exofficio street commissioner, shall from time to
time in the mannerprovided by this ordinance, all out all persons residing with-
in the town subject to work uponthe streets, alleys, roads and parks, and
. cause them under his d:irection to work as manydays at one time, and as manydays
in each year as he shall deemnecessary, not to exceed three days at ani one
time, nor ten days in any one year.. The road year to begin on the 1st day of
May, and end on the 30th day of April"
Sec•• 4. All male persons betweentne age of l' and 45, whoshall have r-esdded
in the toiP!P-
ten days next before the time he is notified, shall be subject to
work on the streets, side-walks, alleys, roads, and parks within said towne
Proy~dedthe residence for the purpose of this Section of persons having a
family shall be deemedto be where the family reside, and the residence of
other persons where they board.
Sec.• 5.. Themarshall shall give every person required to work upon the
public higl'rilTays,
and parks, at least two days "notice of the time set for work•."
, Such notice maybe given verbally by the marshall or any person appointed by
him for that purpose; or by mailing .sameto his last knlilWIladdress, or by
or by leaving a written notice at the usual place of abode of the person
notifi~d, with a memberof his family over the age of 15 years.. Theperson so
notified to work shall be informed of the time and place to begin; the number
of days he is required to work, and the tools he is required to furnish, if any•.
4/ne;nd~d4:1 ~~d lilt). 2.7'
See•• ,.. Anyperson Q.OtiIiedto work on the public highways,who shall on or
before the day on which he is required to work, pay to the marshall 75¢ 'for
each day he is required to work, or shall furnish a substitute acceptable to
the marshall, shall be discharged from labor, or any penalty on account therefor,
for so muchof the time as he shall pay, or his substitute shall labor e-
Sec•. 7.. All the officers of'the corporation shall be exemptfrom street labor
during their term of office •.
Sec,' ,.. This ordinance to take effect from and after publication •.
AdoptedJuly 2, 1••••.
D. Brooks, Mayor
I. R. Luther, Recorder
ORDINANCE NO.2'
An ordinance to provide for side-walks in the incorporated town of
MountainHome.
Sec. 2. Such side-walks shall be eight feet wide and built on a common
'grade
on the several sides of said public square.
Sec. 3. That said grade shall be made of stone curbing with earth and gravel,
or earth and stone filling •.
Sece 5. Said grade shall be built at the -EXpenseof the property owners
owningproperty adjacent to said square" Provided that no one shall be
required to build the same further than his ownproperty"
Should anyone fail or refuse to build said grade or side-walk'
within one monthafter notice of the action of the council in ordering the
sameto be done, shall have been served on him or them, then the couned.L may
by resolution cause the sameto be done by contract let under the direction of
the street commissioner, and charge the expense thereto to said property
owner, and the sameshall becomea lein upon said property to be recovered
and enforced by proper action •.
Sec. ,.. Tne notice provided for in Sec. 5 shall be 'iss~ed by the Recorder
and state the work he is require~ to do, giving the date of resolution or action
of the board of aldermen, and shall be served by the marshall delivering a
copy of the sameto the property ownernotified.. Andin case of non-resident
property owners, said notice shall be served by posting a copy of said notice
in a conspicous place on said property.
Sec. 7.. This ordinance to take effect from and after its publicatiort e
AdoptedSept. 7, 1•••••
D. Brooks, Mayor
I. R. Luther, Recorder
~J:.~~~.3~
--.~.""".
An ordinance to provide for keeping persons charged 'With
ordinances••
Sec. 1. That whenany person shall be arrested for the violation of any
ordinance of the incorporated town of MountainHome,it' shall' be the duty
of the officer makingsaid arrext to take the person arrested before the
Mayorfor trial, and -it shall be the duty of the Mayorto .fix a sumat which
the party charged shall be admitted to "~'ail during the pendencyof the
••••1>
prosecution.
Sec•. 20 That should the party charged fail or refuse to give bail provided
for in Sec. 1, it shall be the duty of the mayorto issue a committment
commanding the officer to co~tt the defendant to jail during the prosecution.
Andit shall be the duty of the officer makingthe arrest to deliver the
defendant to the jailor to be by him kept subject to the order of the mayor.
Sec. 3. This ordinance to take effect and be in force from and after its pub-
lication"
AdoptedFeb. 4, 1'"
D•• Brooks, Mayor
C. A. Eatman, Rocorder
NO. 2:7
ORDINANCE
Sec.. 2.. This ordinance to take effect from and after tis publication .•
An ordinance to tax dogs and bitch dogs in the incorporated twon of Mountain
Home,.Baxter Bounty, Arkansas and describing the penalty for the violation there-
of by the owners; and also the taxation of all dogs and bitch dogs.•
Sec.• 1" There shall be collected on every dog ownedor kept in the incorporated
tQwnof MountainHome,Arkansas over the age of three months; a tax of $1•.If)
per annum;the year ending the 31st day of December,1'15 and every year there-
after .•
Every person owningor keeping such dog shall apply to the Recorder
of said town, and on paymentof the said sumof $1.. shall receive a receipt
for said sum, and shall be furnished with a tag showingthat said sumhas been
paid.. Every person keeping a dog or dogs:subject to t his tax in said IncorporatedI
town of MountainHome,Arkansas, without paying such tax, shall be subject
to a fine of not more than $HJle (tI provided that no person shall incur this penalty
until five days after they have been notified by the town Marshall, of their
liability to pay said tax, and a failure thereafter to pay the samee
Sec•. 2.. There shall be collected on every bitch dog ownedor kept in the
-- Incorporated town of MountainHome,Ark., over the age of three months, a tar
of $2." per annum, the year ending as in Section 1 and every year thereaften;
and every owneror keeper of said bitch dog shall apply to the Recorder of
said Incorporated "townof MountainHome,A:rkansas, and on the paymentof
shall receive a receipt for same and shall be furnished with a tag showing
that said sumhas been padd; The provisions and penalty as provided dn Section
1 of this Ordinance shall apply to this Section"
Seer •• 3.. 'llhat where dogs are found about premises in said Corporation on which
no tax has been paid as is required by this ordinance in Sections 1 and 2, it
shall be the duty of the Marshall of the said Incorporated to'ill'Ilof Mountaim
Home,Arkansas, to verbally notify the person in charge of said presmies to
comeforward and pay said tax, unless said person in charge of said pra~ses
shall disclaim any ownership in said dog, or bitch dog, by hmself or any
memberor- his family where so notified; or shall fail for five days aftel'r'
said notification to pay tax on said dog, he shall be guilty of violating
this Ordinance, and punished by;a fine not to exceed $11••1' ,N
Se~. 4. That if the owner of said premises or persons in charge thereof shall
disclaim any interest in said dog or bitch dog or disilaim thereto by himself
or any memberof his family whennotified by the Marshall, then it .shall be the
duty of the Marshall to take charge of said dog or bitch dog and keep him or her
in someconvenient place in the town of MountainHome,Arkansasi for a period
of twenty-four hours; and if during that time no person will pay the t~ on
said dog or bitch dot, then it shall be the duty of said Marshall to kill said
dog or bitch dog and removethe carcas beyondthe limits of said town.
Sec. That this Ordinance take effect and be in force from and after it$
publication.
W. R. Campbell, ¥4yor
.Ii. L. Cowan,Recorder.•
Re peiOtLed by 6Q..d.
An Ordi:aanceentitled
anc'Or-ddnance
Authorizing the Ccnst.ructdon, Main-
t enance and Operation of a Telephone $ystemforall
purposes L"1 the Townof
MountainHome,Arkansas, state", .
Sec. 1.. ~e permission, consent, and the authority be and the same are hereby
granted and given by the couned.Lof the Incorporated town of MountainHome,
h~reinafter designated as party of the first part, unto Mrs"W. M.• DeLappj
LeonW. M:i.:J2er,and JFosephWard, operating under-the nameof the Interstate:
Telephone Company,their successors and assigns hereinafter designated a~
the party of the second part, to locate, maintain, construct and operate a tele-
phone system for the purpose of receiving and conveyingmessages and fOr all
other purposes pertaining thereto, in and for the town of MountainHome,in and
over-the streets, alleys, ~onnds or parks, within the incorporated
limits of said town and the use of peles, wires, cables and other structure~
necessary to construct erect and maintain and use all mechanical appliances
necessary-and suitable for the constr~ction, maintenance and operation of a
telephof!,esystem and to include the use for all purposes in any part of town,
and the said poles, wires and cables and any other necessary or suitable
appliances maybe erected in, over, and thru the streets, alleys and.highw-ays
of said town, all of which is subjeqt to the provisions and restrictions here-
inafter in this ordinance set out and provided and the rights and provt.Leges
hereby granted are extended over a period of ninety-nine years from the date
.of the passage of thsi ordinance"
Sec" 2. Said party of the second part in erection of all for the stringing
of wires, shall set such poles against the curb, true and straight, to the -
said lines inside of such curb in the outer edge of the sidewalk said poles to
be of uniform heighth, properly dressed and smoothedas nearly as possible,
their setting to be adjusted to give free access to the abutting property and
shall in no way be set so as to obstruct the entrance to passage thru to alleys,
and in setting said poles, the excavation thereof shall be well filled and
tampedand set and maintianed at a perpendicular and uniform heighth at all
times as nearly as possible and so as not to obstruct any water say. and to
conformto other walks whenthey are placed" All cross wires shall be ex-
tended not less that (12) twelve feed above the ground except whennecessary
to under bridg~s and other obstructions. All rights herein granted
shall be. so constructed so as not to interfere with the free use and enjoyment-
o~ valid and eyistL~g rights heretofore granted to other persons or corporations.
The poles and lines herein contemplated shaLl.be constructed, maintained and
operated so as not to interfere with any existing light wires or other wires,
nowexisting beyondthe extent necessary for the construction and operation
of the Inter-State TelephoneSys:tem~'
Sec. 3. The said party of the first:r;part orders for the safety and protection
of ijuman life and property and no T~lephone, Telegraph, electric light wire
or other electrical wires, poles, guywires cross arms or other fixtures used
in building, constructing maintianing, or operating other lines shall not be
placed, constructed and maintained nearer th~ • feet of the lines nowin
use, or that may hereinafter be built and used by the Inter-State Telephone
Company.
Sec, 4.. Andthe party of the first part shall have the right to the free
use without rental or charge any of the poles erected by the party of the
second part under this ordinance for Fire alarm or Police electric alarm which
it mayhereafter adopt for its ownuse, provided that said use shall not
-interfere with the use of said poles by the party of the second part ••
The party of the second part mayuse for the support of their wires II
cables and other appkiances the poles or masts of any other companyor person
that maynowor mayhereinafter be maintained in said to.."n, provided such
other persons or companyshall consent thereto"
Sec.. 5" The right to trim or cut trees shall be vested in the town counciJ.
and permission shall be obtained therefrom in every case where it is considered
necessar.r to cut down, removebranches, or limbs from any of the trees on
~he public streets.
Sec. 7.. It is hereby provided that the said party of the second part shall at
all times, fcdthfully perform their duty and shall furnish to the inhabitants
of MountainHome,a good and reasonable service according to the exegencd.es
and ciz-cumst.anaes of the occasion overlooking the acts of Godonly, as an
excuse not to per-formsuch service" .
Sec.... 'll.hisordinance shall take effect and be in force from and after
its passage and publication.. All ordinances or parts of ordinances hereto-
fore in effect in conflict with this ordinance are hereby repealed.
Givenunder-our hands this the 2~h day of November1,2(1.
J" L. Cowan
Acting Mayorand Recorder.•
Sec.l The permission, consent and the authority to be and the sameare
hereby granted and given by the Council of the Lnccrporat.ed Townof Mountain
Home,hereinafter designated as the party of the first part, unto Wyatt H"
Wolf, operating under the nameof 'IDleMountainHomeElectric Company,tn,eiJr
successors and assigns, hereinafter designated as the party of the second part
to locate, maintain, construct and operate an Elect1"'.ie
•.PowerSystem for light
Flowerand all other pupposes in and for the t ownof MountainHl.omein and over
the streets, alleys and public grounds or parks, within the Incorporated limits
of said town and the use of poles, wires, cables and other structures neceasary
to construct, erect, and maintain and use all the mechanical appliances
necessary and suitable for the construction, maintenance and operation of
an electric system and to include the use of electricity, for all purposes
in any part of twwnand the said poles wires and calbes and any other necessary
or suitable appliances maybe erected in, over and t.hrough the streets, alleys
and highwaysof said town, all of which is subject to the provisions and re-
strictions hereinafter in this ordinance set out and provided, and the rights
and privileges hereby granted are extended over a period of (31) thirty years from
the date of the passage of this ordiaaace.
Sec. 2. Said party of the second part, in the erection of all poles for the
stringing of wires, shall set such poles against the curb, true andstfuight a
to the line inside of such curb in the outer edge of the sidewalk, said poles to
be of uniform height, properly dressed and smoothedas nearly as possible,
their setting to be adjusted to give free access to the abutting pro})erty and
shall in no waybe set so as to oillstruct the entrance to the passage thru the alleys
and in setting sa.td poles, the excavations thereof shall be well filled and tamped
and set and maintained at a perpendicular and uniform height at all times as
nearly as possible and so as not to obstruct any waterwayand to conformto the
other walks whenthey are placed. 0 '
All cross wires shall be extended not less t.han sdxteen (1') feet above
the ground except whennecessary to pass under bridges and other obstructions.
All rights herein granted shall be so Construed so as not in any mannerinter-
fere with the free use and enjoymentof valid and existing rights heretofore
granted to other persons or corporations. The poles and lines herein contem-
plated shall be constructed, maintained and operated so as not to interfere
with any existing telegraph, telephone or fire alarm wires beyondthe extent
necessary for the construction and operating of an electric system.
Sece 4.. Andthe party of the first part shall have the right to the 'free use,
without rental or charge, any 6f the poles erected by the party of the 'second
part, under this ordinance, for fire alarm, telegraph or police electric alarm
which it mayhereinafter adopt for its ownuse, provided said use sr~ll not
interfere with the use of said poles by the party of the second part.
The party of the second part mayuse for the support of their wires, '
cables and other appliances the poles or masts of any other companyor persons
that maynowor mayhereinafter be maintained in said town, provided such other
persons or companyshall consent thereto. /
Sec.• 5. The party of the second part, its successors and assigns" shall have
the right during the contdnuanceof thdasordinance, to fix a minimum. char-ges
of ~ Dollars ($2.•10) per monthfor each customer'or place served regardless
as to whether the meter shall register to that amountor not.
The party of the second part shall have the right to charge on meters a
rate not to exceed ~enty cents (2$¢) per kilo\~tt hour for the first ten kilo-
watt hours used per month,'Fifteen cents (15¢) per kilowatt-hour for the second
ten kilowatt-hours used per month, Twelveand one-half (12~ per • pwatt-
hour for the third ten kilowatt-hours used per month, Ten Cents ( per kilo-
watt hour for amountsused betweenthi~~y andtwC:>ihundred fi tty kilowatt-hours
per month, and Eight cents (,¢) per kilowatt-hour 'for all amountsused in
excess of two hundred eighty kilowatt-hours per mont~. It is further ordained
that the party of the second part shall not be compelledto serve any customer
on what is knownas a flat rate unless they shall choose to do so.
It being understood that the party of the second part shall at all times,
sell its electricity at as low a rate as is consistent with sound business
principles and a fair return of profit.. Andthe right is herein granted to the
party of the second part, its successors and assigns, to makeany needfUl rules
and regulations for its protection and for preventing waste and wrongfUluse
of electricity, or other commodityfurnished by the party of the second part, its
successors and assigns.
Sec. ,,, The right to trim or cut trees shaLl be vested in the town Council and
permission shall be obtained therefrom in every case where it is considered
necessary to cut down,removebranches or limbs from any of the trees on the
public streets .•
Sec•• ,. In granting this franchise it is further agreed that after ten (H!l) years,
the TOlltuof MountainHomemaytake over the MountainHOme Electric Company·S3
equipment, complete at a price agreed upon by the owners of the Mountain~me
Electric Company and the town of MountainHome. In case of a disagreement om
the price, then an electrical expert, one to be employedby each party, and said
exper-ts to select a third disinterested expert, and said experts shall agree upon
the value of said property and it shall be sold to the town of MountainHome
at this price"
Sec.• II.. The party of the second part agrees to furnish electricity to the public
and denominational schools and churches of MountainHomeat the regular meter rates,
said schools and churches to be chargeable only with the amountsactually regis-
tered by the meters ••
Sec. 11. The MountainHomeElectric Company its successors and assigns, agrees
to furnish electricity to the town of MountainHome,for the lighting of streets
alleys, parks and other public places, at a rate not to exceed Ten Cents (l.¢)
per kilowatt-hour" The town of MountainHomeagrees to furnish all necessary
f~es and street lamps of the series are multiple Lncandeecent; type. The party
of the first part maycontract with the party of the second part, for the-
lighting of its streets, for the period of this ordinance, and the party of the
second part its successors and assigns shall from time to time as the party of
the first part may see fit, extend its lines, so as to take in such additional
street lamps as the town Council shall order, whenever such extension shall call
for not less than six lamps, of the size and candle powerfurnished in other
parts of the town, tQ each mile of such extension. The party Qf the second part
its successors and assigns, shall locate all street lights as directed by the
t6~n council of the town of MountainHome ••
Sec" 12" Wheneverone hundred and thirty homes, stores and offices in Mountam
Homeare using electricity during any month, the rate for the first ten kilowatt-
hours used shall be Seventeen and one-half cents (17~) per kilowatt-houIr and when-
ever one hundred and thirty homes, stores and offices in MountainHOme use an aver-
age of 15 kilowatt-hours or more in one month, the minimumcharge to all customers
in MountainHomewill be OneDollar and seventy-five cents ($1.75) for that'month.
Whenevertwo hundred homes, stores and.offices in MountainHomeare using
electricity during an;ymonth, the rate for the first ten kilowatt-hours used will
be Fifteen Cents (15¢) per kilowatt-hour and whenevertwo hundred homes, stores
and offices in MountainHomeuse an average of 15 kilowatt-hours or more per
month for any month, the minimumcharge to all customers in MountainHomewill
be OneDollar and fifty cents- ($l ••S') for that month••
Sece 13.. The lights and powerfurnished by the party of the second part, its
successors and assigns, shall be furnished from early candle light, until
eleven o'clock Pe M••and until twelve otclock midnight on special occasions,
whenrequested by the council, and the party of the second part its successors
and assigns, may, if they see fit, operate their plant as manyadditional hours
as will best suit the business so undertaken"
Sec.• 14.. The party of the second part, shall have completed and in operation
said electrib pow~rsystem, within 128 days from the pa..5sa.ge of this ordinance
and upon failure to do so this francr..ise shall becomen~'li)and void, at the- op'~ion
of the party Iihfthe first part, and provided further the party of the second
part shall at all times faithfully perform their contract and shall furnish to
j
Sec" 15. This ordinance shall take effect and be in force from and after its
passage and publication. All ordinances or parts of ordinances heretofore in
effect in conflict with this ordinance are hereby annulled.
Passed by the Council of the Incorporated Townof MountainHome,Arkansas,
this the 23rd day of October, 1,22.
J. L" Cowan,
Recorder and Acting Mayor
An ordinance to Rrevent the running at large of horses and other an:iJ:nalswith-
in the Incorporated Townof MountainHome,Arkansas:, that t
Sec.. 1. After pUblication and going into effect of this ordinance, all persons:
owning cows, bulls, calves, horses, mules or that are or maybe found
running at large within the Incorporated town limits of the Incorporated
Townof MountainHome,Arkansas, are hereby and by this ordinance ane required
to take up such animal or animals and keep the same confined on their ownpremises
or beyond theil~mits of said town, so as to prevent the same from running at
large inside of the corporate limits of the town of MountainHome,Ark.•
Sec. 2. It shall be the duty of the Mars1"..allof said town to ,take up such
animals as described in Section 1 of this ordinance whenthe samemaybe found
running at large inside the corporate limits of the town of MountainHOme" and
keep and feed, water and othens-ise care for the same at the expense of the owner
thereof until said owner thereof, shall appear and pay the said expense of taking
up, feeding and otherwise caring for said animals or animal and take it or them
beyond the p.mits of said to'Wnor to his or her premises in said town and there
confined••
Sec•. 4.. It s1".a11be the duty of the Marshall of said town at the time and place
menf.!ioned in the notice provided for in Section 3 of this ordinance to offer
for sale and sell such animal or animals to the highest bidder for cash at public:
vendue, between the hours of '0 I clock in the forenoon and , o·clock in the after
and out of the proceeds of such sale to pay first the costs of taking up,
!\.<::~::;IJ.l.LJl.!'. and selling such property; and the r-esd.deu , if ar.y, to be paid to the
owner of such animal shoulc he appear and claim same; Provided however, that
should no owner appear, or the owner of such animal be unknownto the Marshall
aforesaid, to the treasurer of said tow and take his receipt therefor e
5•. ,4g'afR~{ha4l' f'£'~A{,~.~fowed fees for his services under this ordinance
"See ••
as follows:
Taking up, each animal, 5@ cents.
Advertising, each sale, 5@ c~tse
Feeding and watering such animal taken up 75 cents for each dayo
For holding each sale, 5' cents.
Sec•. ,,, That this ordinance be in full force and effect fronr and the 1st
day of April, 1'2'.
v
An ordinance entitled, an 6rdinance authorizing the constr-Ll.ction, main-:;- "
t enance and opez-at.Lon of a Telephone To]J. Line only and £0J;,' all purposes incident
thereto in the Incorpoor?ted To·..,'71 of Mountain~() A.rkansas;"
Sec•• 2.. Anyand all pOles shall be set next the curb true and to the inside
line of the curb, the poles to be smoothed, of uniform height and set so as to
give free access to adjoining properties and in no case to obstruct any entrance
to any property, in the Town,not to obstruct any waterways and all wires to be
as muchas twelve feet above the ground unless otherwise required to pass over-
head obstructions ••
Sec. 4. The said Townshall have the right to the free use of any poles of the
Telephone Company for city fire alarms or police alarms and appliances of that
natures so as not to interfere with the use 'of saae, Tne Telephone Company may
use the poles or appliances of any other tel!ephone comp<;nyWpe-mission of the
other company ••
Sec.• 5. The right to cut and trim trees on town streets alleys or highways
shall be vested in the Townand the Telephone Company shall obtain permission to
do so.. The 'lI.elephoneCompanyshall not be charged with any corporative or
privilege tax on its line and the appurtenances;Meif!g chargeable with curren'ti;,
town, state and taxes as other property ••
Sec, 7.. This ordinance shall take effect and be in force from and after its
passage and publication, and is in nowise exclusive in its nature .•
He n, Eaul, Mayor
.r.. L.. Cowan,Recorder
ORDINANCE
NO. .1
An ordinance. to regulate license or privileges •.
Be it ordained by the Council of the Incorporated Townof 1<1ountain
Home,
Arkansas••
Sec••1.. The fiscal year shall begin on the first day of May, and end on the.
31th day of April.. Andall license issued under the provisions of
ordinance shall expire on the 30th day of April" after the issue thereof, provided
t-hat a license may issue for any part of the fiscal year on which shall be collected
such license tax in proportion to time., Such privileges maybe exercised ~ the
applicant"
Sec.• 2. There snall be levi~d and collected on each peddler or hawker $2.5' per
Sec. 4... lIroperson shall be taxed for selling fruits, berries, melons, potatoes,
cabbage or other vegetables produce;;~ or grownwithin the state of Arkansas or
exchangedby any person whomsoeverin any mapner or any quantity, but
persons whomsoeverengaged in the sale of any fruit or vegetables grown
outside the state of Arkansas shall pay a privilege tax of $3,,50pei dV-"
Sec.... Anyperson who shall exercise any of the privileges enumerated in this;
ordinance without procuring the license provided hereof shal~be de~edguilty
of violating an ordinance, and on conviction shall be fined not less than five
nor more than twenty-five dollars ••
It is hereby declared that if any of this ordinance is in conflict with the
laws of the state of Arkansas or the Constitution of the state of Arkansas that
the same shall not void any other part of the ordinance•.
Sec" This ordinance to take effect from and after its pUblication"
HughPaul, Mayor
J. L. Cowan,Recorder.
o ( A portion superseded by Ord•..No. 114)
Sec•• 2" It is hereby declared,a nuisance and it shall be unlawful for any
driver of any of the above mentioned vehicles, while within the Incorporatedi
Townof Mountain Home,to fail to stop mementarily, whenapproaching the Stop
Signs, and to fail to reduce the speed to 15 miles per hour, approaching the
Slow Signs, while within the Incorporated Townof }'fountainHQlIle, Arkansas0 Any
driver of the above mentioned automobiles, ljitneys, jitneY/1:l'll:S~s, other
vehicles violating any of the provisions of this section, upon
of, shall be fined in any sumnot to exceed $25•.00 for each and every 0.t'1t"erlse.
Sec•• 5.. If for any reason any pr-ovasaon or part of same, of this or-daaance,
shall be declared unconstitutional, it s~all not affect the reawJnder of this
ordinance, but the oridnance, in so far as it is not in conflict with the con-
stitution shall be suffered to stand"
Sec, ,. That all ordinances and parts of ordinances in conflict here .••.
'ith are
h~reby repealed, and this ordinance ehaLl, take effect from and <after its first
publication.
This the 13th day of May, 1931.
Hugh Paul, ¥.ayor
~. L. Cowan, Recorder.
-NOTICE
Whereas, the TwonCouncil has exarrdned and approved said p~ans, estimates
and computations and finds and declares that "it is for the best interest of
said Townthat said watenv-orks system be constructed, and
Whereas, -said Townis without funds "nth which to construct such waterworks
-system, except from the proceeds of the bonds hereinafter ordered to be issued
(hereinafter. called the IIBbndsll), authorized by Act 131 of the Acts of the
-regular session of the General Assembly df the State of Arkansas of the :re8r
1932, as amended, together with certain fLmds to be furnished by the United States
sufficient funds to construct said project can be provided .•
NOW
THEREFORE,
BE IT ORDAINED
by the Council of said Town, as follows:
INDUSTRIAL RATE
First '20,000 gallons per month, 20 per 1000 Gallons"
Next 20,000 gallons per month, $.12 per 1000 Gallons.
Next .0,000 gallons per month, $.11 per 1000 Gallons ..
_ Next 100,000 gallons per month, $.•10 per 1000 Gallons .•
All over 200,000 gallons per month, $.0' per 1000 Gallons.
Minimummonthly charge, $4.•00
With a 10 per cent penalty to be added to charges paid after the loth of
each month.•
And tliis'Council further finds and declares that such rates as above set
out will produce a total revenue sufficient to pay the total operation and main-
tenance expense of the System and provide for the payment of the BOnds, both
principal and interest, as the same fall due and are payable, and to create all
fund~ herein provided.. '
Said rates shall never be reduced un,til a.ll t.he.ibonds and all coupons there-
to attached have been paid in full and shall, when necessary, be increased im
an amount sufficient to pronde for the maint.enance of the funds hereinafter
described"
\.. Meters shall be installed in water connections to all buildings, public
and private.
Bills for water service shall be rendered on the first day of each month
following the month during which service was furnished, and if not paid prior
to the 11th day of each month, a 10 percent penalty shall be added to the bill",
If the bills are not paid within 30 days from rendition, service shall be dis-
continued"
In the event service is discontinued due to non-payment of bills, the
premises shall be disconnected from the waterworks system. Such premises may
later be re-connected to said system upon payment of a reconnected charge of
$1.00 plus the payment of any unpaid bill due the Town, such payments to be made
at the time service is resumed.
Sec. 5" The Treasurer of the Townshall be the eustodian of revenues derived
from the System and shall give bond for the faithful discharge of his duties a~
suchmH~;!:.odi.8n(suchbond to be fixed and approved by this Council)" The Treas-
urer shall deposit all of the revenues of the System, as collected, into a separate
fund ( herein called the ''Water Fund"). The Water Fund is hereby pledged, mort-
gaged and set apart, and shall be administered, as follows:
(a) Bond Fund, There shall be paid into a separate account (herein ca.Ll.edi
the "Bond Fundll) during each year in which any of the bonds are outstanding,
the following amounts in the respecti-wely designated years, which amounts are
found to be necessary to be set aside and applied to the payment of the principal
of and interest on the BOnds:
YEAIi AJ10UNT
$
1'3' '40 •.
1'3'
1'4@
'4@,.
1'41 1,340
1'42 l,32@
1'43; l,30@
1'44- 1,2'@
1'45 1,2et!;)
1'4' 1,24i
1'47 1,22i
194- 1,200
1'4' 1,18i
195fi1l 1;llt0
1'51 1;14G>
1952· 1,120
1'53 1,100
1954 1,08'
1955 1,5'0
1'5' 1,·520
1'57 1,4'0
195. 1,
195' 1,400
19'0 1,3ltO
19'1 1,320
1"2 1,28'
1"3 1,240
19'4 1,200
1"5 1,1'0
19" 1,12'
P~'7 1,080
1". 1,040
such payment shall begin when the first revenues are collected after the completion
of the construction of the System.. The amount required to be paid into the Bond
Fund in each year shall be paid in substantially equal monthly payments from the
revenue of the System before any of the revenues of the System received in such
month shall be=used for any other purpose; If,the revenues of the Syste..rnin any
month are insufficient to make the required payment into the Bond Fund, then the
amount of any deficiency Ln the payment made shall be added to the amount other-
wise required to be paid into the Bond Fund in the next month. The monies in the
Bbnd Fund shall be used solely for the purpose of paying the interest on and prin-
of the Bonds, Whenthe monies held in the Bbnd Fund are sufficient to pay the
principal of and interest on all Bonds, then remaining outstanding, the Townshall
not be obligated to make any further payments into the Bond Fund••
.nl monies held in said Bond Fund shall be deposited in a bank in the
State of Arkansa~ which is a member of the Federal Reserve System and in which
deposits are g~aranteed by the Federal Deposit Insurance Corporation ••
If a surplus shall exist' in the Bond Fund the same shall be used in so far
as possibie for the purchase and retirement of outstanding Bbndat a price not to
exceed the face value thereof'plus accured interest ••
Whenall the bonds have been paid or retired any monies remaining in the
Eond Fund may be used in any manner which may be determined by this Counci.L,
(b) Depreciation Fund; After paying the amount provided above into' the Bond
Fund in any period, ten (10) percentum of the remaining monies received in the
Water Fund during such period shall be paid into a separate fund, (herein called
nDepreciation Fundlt), which proportion is hereby found and declared to be a prope r
and adequate amount to be applied to the Depreciation Funds The Deprediation Fund-
shall be used solely for the purpose of paying the cost of replacements made
necessary by the depreciation of the System~
If a surplus shall be accumulated in the Depreciation Fund over and above
that which is necessary to defray the cost of the probable replacements during
the current and the next ensuing fiscal years, such excess shall be transferred
to the Bbnd Fund; provided,however, that no such tr~~sfer from the Depreciation
Fund to the Bond Fund shall operate as an abatement of the Bond Fund reE!uirements
hereinbefore set forth •.
(c) Openat.Lonand Maintenance Fund, After paying the amount provided above
into the Bond Fund in any month, then any monies received in the vlater Fund during
such month and not required to be paid into the Depreciation Fund shaLl, be paid
into a seperate account (herein called the "0peration and Haintenance Fund"}, The
Operation and Maintenance Fund shall be used solely for the purpose of paying the
.cost of operation and maintenance of the Systeme-
If any surplus shall be accumulated in the Operation and MaL~tenance Fundi
over and above that which is necessary to defray the cost of operating and main-
taining the System during the current and the next fiscal years, such excess shall
be transferred to the Bbnd Fund, provided, however, that no such transfer from
the Operation and Maintenance Fund to the Bond Fund shall operate as an abatement
of the Bond Fund requirements as hereinbefore set forth ••
Sec. 7. That the System shall be hereafter operated upon a fiscal year basis.
The first fiscal year shall commence upon the 1st day of October, 1937 (the
est imat.ed date of completion of the construction herein prov.zidedfor), and shall
end one year thereafter"
Sec. That revenue bonds of the Town (herein called "BOnds II) be issued L."1. the
total amount of $21,000, which amount, together with funds to be furnished by the
United States of America, is necessar.y to prov~de sufficient funds to pay all
cost of the herein described conta'nplated construction, and the purchase price of
the said real property, including engineering, legal, and other necessary expenses,
together with i.'1terestto a date six months subsequent to the est imat.ed date of
completion of the System; that said Bonds each be designated '~later1riOrks Revenue
Bonds" , be dated October ~, 193', be in the denomination of $500" each, be numbered
from 1 to 42, both inclusive" and mature in numerical order on 0.ctober 1 in each
of the years and in the amounts as follows:
- YEARS A110UNTS
1941 $ 500.
1942500.
1943 500.
1944 500.
'1945 500.
1946 500.
1947 500.
194' 500.
1949 500.
1950 500.
1951 500.
1952 500.
1953 500.
1954 500.
1955 1,000
1956 1,000
1967 1,000
195' 1,000
1959 1,000
1960 1,000
1961 1,000
1962 1,000
1,000
1$,41-: 1,000
19~5 1,000
196' 1,000
1,000
19" 1,000
that the Ea"ondsbear interest at the rate of four per cent (4 per cent) per annum;
payable on April 1, 1937, and semi-a~~ually thereafter on the first days of October
and April in each year, that the Bbnds be signed by the Mayor and sealed with the
corporate seal of the Town and a~tested by the Recorder of the TOwn and that th~
interest upon the Bonds be evidenced by coupons thereto attached, the coupons
to be signed by said 11ayor and attested by said Recorder their racsimile signatures,
and said Mayor and Recorder shall by the execution of the Bonds adopted as for
their own proper signatures their respective facsimiles appearing on said coupons;
that the Bonds and coupons be payable in such funds as at the time of the re-
spective payments are legal tender for the payment of debts due the United Stat ees
of America, at the office of the Town Treasurer, at Mountain Home, Arkansas.
The Bonds together with interest thereon shall be payable only out 'of the
Bond Fund as hereinbefore defined and shall be a valid claim of the holder thereof
against the Bond Fund, and the amount of the revenues pmedged to said fund,
which amount of said revenues is hereby pledged and mortgaged for the equal and
ratable payment of the BOnds and shall be used for no other purpose than to pay
the principal and interest of the BOnds as the same accrue.
Sec. 9" That said bonds and coupons be in substantially the follow1.-.'1gform;
No. $500.
UNITEDSTATESOF M-fERICA,
STATEOF ARKANSAS,
COD""NTYOF BAXTER
THE INCORPORATED TOWN OF
MOUNTAIN HOME,
WA TERWORKS REVENUE BOND
KNOW ALL NENBY THESEPRESENTS: That the Incorporated 'Downof Mountairn
Home, in the County of Baxter, State of Arkansas, hereby acknowlegges itself to
owe, and, for value ,received, promise to pay to bearer, as hereinafter stated, the
sum of Five Hundred Dollars ($500) on the first day of October, 1' , with interest
at the rate of four perc~nt (4 per cent) per annum, payable on April 1, 1937,
and semi-annually there~fter on the first days of October and April of each
year, upon presentation and surrender of t~e annexed coupons as they several~
become due; Both principal thereof and interest hereon shall be payable in any
coin or currency of the United States of America, which at the time of payment
is legal tender for public and private debts, at the office of Town Treasurer,
at Mountain Home, Arkansas ••
This bond, and the issu~ of which it forms a part, is is sued- for the
purpose of providing for the payment of the cost of construction of waterworks,
system for said Town.•
This bond" ,:isJonEL';ofsaudu:l:.Y -ahthbriaedci.ssue p:fr$?l:j.~OOs:tmnds-fcallrLef
pik~cdatefaIldGt-eriOr£ eEcePtea:S:;'~E'ma.tufit¥:y iss1lkedfbyosaiaiJ..;.'lroWn; fum accordame
with the provisions of Act 131 of the regular session of the General Assembly of·
The State of Arkansas for the year 1'33, as amended, and does not constitute an
indebtedness of said Town with any constitutional and statutory limitation, and
is apyab'l,e solely from a fhed amount of gross revenues from the said waterworks
system, which amount shall be· sufficient to pay the rpincipal of and interest on
the bonds as the same become due and payaltle" Said amount has been duly set aside,
pledged and mortgaged as a special fund for that purpose and identified as the
"IBond Fund", created by the ordinance under which the bonds are authorized to be
issued, and in said ordinance the 'fawn has convenanted and agreed to fix and main-
tain rates for water service which shall be sufficient at all times to prowide
for the payment of the principal of and interest on the bonds as the same become
due and payable, to provide for the creation of a depreciation fund for necessary
replacements to tpe waterworks system, and to provide for the payment of the
reasonable expenses of operation and maintenance therecf.
In and by said Act 131 of the General Assembly of the State of Arkansaes
for the year 1'33, as amended, there is granted and created a statutory mortgage
lien on said waterworks syst-em to and in favor of the holders of said bonds;
and each of them, and to and in favor of the holders of each of the coupons;
evidencing the interest on said bonds; and said waterworks system shall remaim
subject to such statutory mortgage lien until the payment in full of this bond,
both principal and interest, shall have been made"
I'It IS HEREBY C:ERTIFIED,RECITEDANDDECLAF.ED THATALL acts, condat.Lcns ,
and things required to exist, happen and be performed pursuant to and in the
issuance of this bond have existed, have happened, and have been performed 1m
due time, form and manner, as required by law, and that sufficient of the inceme
and revenue to be dBrived from the operatien of said system has been pledged to
0
and will be set aside into said special fund for the payment of the principal and
interest on the bonds ••
IN WITNESSlA1HEREOF, The Incorporated ·'Fownof Mountain Home, by its; Te'WDl
Couned.Lhas caused this bend to be signed by the ~.ayor thereof and sealed
with the cerporate seal of said Town and attested by its Recorder, and has caused
the ccupons hereto attached to be authenticated by the facsimile signatures ef
THE INCORPORATED TOWN OF MOUNTAIN HOlm, ARKANSAS.
BY. _
Mayor
(Seal)
ATTEST:
Recorder
(FORMOF COUPON)
~o
On the first day of , l'
'~G
, The Incorperate~
Town of Mountain Home, Arkansas, promises to pay to bearer the sum
of Dollars cut of the fund specified in the bend to which
this coupon appertains, at the of'f'Lce of the Treasurer of the Tbwn, at Y.l()untam
.Home , Arkansas, in any coin or currency of the United States of America, which
at the time of payment is legal tender fer public and private de\rt.s, being sm
months interest due on its Waterwerks Revenue BlOnd, dated the f.irst day of Oct-ober-
1'3' and numbered ,0
THEINCORPORATED TO~TN OF
MO
UNTAINHOME,ARKANSAS.
~-'----:~---
Mayor
ATTEST:
Recorder
Sec. l~.. After the Bonds have been executed as herein provided, they sha'l.L
be delivered by the Treasurer of the Town, all at one time or in blocks from
time to time to the United States of America at a price or prices which shall not
be less than par and accrued interest, and the proceeds received therefrom
shall be used solely for the payment of construction costs of the systeni
and the purchase price of said real property including engineering, legal, and
other necessary expenses, and for the payment of interest on the revenue bonds
herein authorized during the construction of the System••
Sec. 11. It is convenant.ed and agreed by the 1JroWnwith the holder or
holders of the BOnds, or any of them, that it will faithfully and punctually
perform all duties with reference to the System required by the Constitution and
Statues of the State of Arkansas, including making and collecting of reasonable
and sufficient rates lawfully established for services rendered by the System,
segragating the revenue of the System and its application to the respective fund
herein created" ~
Sec•. 12. The to'WDwill maintain the System in good condition and operat.es
the same in an efficient manner and at a reasonable cost , So long as any of the
Bonds are outstanding, the Townagrees to maintain insurance on the System of
a kind and in an amount which normally would be carried by a private company
engaged in a similar type of buatness , Nothing herein shall be construed ass
requiring the Townto expend any funds which are derived from sources other than
the operation of the System, but nothing herein shall be construed as preventing
t~e Townfrom doing so ••
Sec. 13. kny holder or holders of Twenty-five per centum (25 per centum)
in aggregate principal amount or the Bonds at the time then outstanding shall have
the right at all reasonable times to inspect the System and all the records,
accounts, and data of the Townrelating hereto.
Sec. 14.. So long as any of the Bonds are outstanding, the Townwill
not mortgage pledge or otherwise encumber the System of any part thereof or any
revenues therefrom, except as herein provided, and will not sell, lease or
otherwise dispose of any substantial portion of the System.
Sec. 15.. The Townwill keep proper books of records and accounts (separate ~
from all other records and accounts) in which complete and: correct entries shall
be made of all transactions relating to the System.. The Townshall furnish to
the original purchaser of any of the Bonds at the time outstanding, or to any
other holder of any of the Bonds upon written request, not more than thirty
days after the close of each six month's fiscal period, complete operating andi
income statements of the System in reasonable detail covering such six monthr 53
period, and, not more than sixty days after the close of each fiscal year, com-
plete financial statements of the System in reasonable detail covering such fiscal
yean', certified by the Townauditors .•
Sec. 1'. The Townfurther covenants and agrees that if default is made in
the payment of any bond or coupon or if the To'WD fails to meet any sinking
fund requirement, the holder of such bond may declare that bond immediately
due and' payable, and such bond shall thereupon be immediately due and payable
and in default ••.
Sec. i7," There shall be a statutory mortgage lien upon the System, as
provided in said Act 131 as .amended; which shall exist in favor of the holder of
the BOndsand each of them, ans to and in favor of the holder of the coupons
attached! to the Honds, and the System shall remain subject to such statutory
mortgage lien until payment in full of the interest on and principal of the
!bnds. If there be any default in the payment of either the ir~erest on or
principal of any of the Bonds, the holder or holders of any of the Bonds may
enforce the statutory mortgage lien upon the System in accordance with the
provisions of Section 7, of said Act 131, and may be proper suit compel the per-
formance of the duties.of the officials of the '.fown,as set·forth in said Act"
If there be default in the payment of the principal of or interest on the BOnds,
any court having jurisdiction in any proper action may appoint a receiver to
administer the System on behalf of the 'lfown,with power' to charge and collect
rates sufficient to provide for the payment of the IiIbndsand interest thereon
and for the payment of the operating expenses and to apply the income and re-,
venues in conformity with said Act and this ordinance providing for the Lssuaneee
of such bonds.
Sec. 1.. To the end that a record of the pledge of the rewenues and agree-
ments not to mortgage the System may be preserved, the Townbe and is hereby
authorized to file with the Clerk and EX-Officio ~ecorder of Baxt.er- County,
Arkansas, a certified copy of this ordinance, acknowledged i~ the form required
for deeds and mortgages, with the directions that the s8lID.e
be recorded in the
office of said Clerk as in the case of d~eds and mortgages.
S Sec. 1,. The ~~yor is hereby directed to publish for one insertion in the
Baxter County Citizen, which is hereby found and declared to be a newspaper-
published and in general circulat~ion 1..'11 MOuntain Home, Arkansas, this ordiaance
to which is attached a notice signed by him, in substantially the following
form:
NOTICE
Notice is hereby given that The Incorporated Townof Mountain Home,
Arkansas" has adopted the ordinance hereinafter set out; that the said Town
contemplates the issuance of the bonds described in said ordinance; and that
any person interested may appear before the said Council upon the _ day of
September, 1'3', at A. Me, at its usual place of meeting at __~~ __
and present pr-ot.est,s, At such hearing all objections and suggestions will be
heard and said Couned.Lwill take such action as it shall deem proper in the:
premises.,
Sec. 21. It is ascertained and declared that the lack of an adequate water
supply endangers the health of the inhabitants of said TO\ffiand increases the
fire hazard, which endangers the safety of the lives of the inhabitants and
of their property; that by reason of the present economic conditions .manycitizens
of the Townare out of work and the improvements herein provided would furnish
work for a large number of men and thereby add to the peace and happiness of the
]Own. It is therefore, declared that an emergency exists, that this ordinance
is necessary for the immediate preservation of the public peace, health and safety,
arid that this ordinance sha.Ll, take effect and be in force from and after its;
passage.
Passed August 28th, 193-.
Approved: To J••McCabe,
Mayor
Sec e I. That all business houses in the TOwnof Mountain Home, Arkansas, shall
close and remain closed throughout Sundays except Ice Plants, Drug Stores and
Cafes.
Sec. 2. That any person or persons violating this ordinance or any prov~s~on
thereof shall be fined for said offense not less than $10.00 nor more tham
$25.00 for each separate offense" -,'
This ordinance shall take effect and be in force from and after the dat ee
: of first publication"
Hugh Hackler, J.1ayor
. .J::,
O. R. M~cMon~gle, R corder
First published June 12, 1937"
NOTICE
All persons are hereby notified that the City Council of the
Townof Mountain Home, Arkansas, will enforce Ordinance No•. 50 of the
Townof Mountain Home, Baxter County, Arkansas, which requires ali persons;
ownkingor keeping. dog~ in the limits er the Incoroorated Town o:fMountain
A r ansas, to obta~ l1cense :for h d :f' ~ Home,
bitch dogs $2.00 per year. ~. su: ogs as ollows: Dogs ~loOO per year,
July 1st, 1937.. .. L1cense must be obtained :from the City Marshal by
Hugh Hackler, Mayor
0" R" McMonigle, Recorder
First published June 12, 1937.
vi
Ref:)eA o, b33
An ordinance prohibiting the erection o:f or maintenance o:f canopies or
sheds within the incorporated town o:f Mounta~
Home, Arkansas, and prescribing
penalties :for violations thereo:f.•
posts extend~~ upwards f'r-om sidewalk or suspended by means o:f cable Cha~
metal rods or ~l any other manner attached to the main building to shich said
canopy. or shed.is attached thereto, provided: that this ordinance sh~ll not apply
to any decorat1ve marquee which f'orms a part o:fthe main building"
Sec ..2.. That it shall be, and is hereby declared to be ,uu.,,- wiul :f
person, persons, :firm, :firms, partnership or corporation to ma:Ji~a1n an~r any
canopy or shed constructed either o:fwood or metal or both woodand.metal which
protrudes over and across any sidewalk, said canopy or shed being supported
either by posts extending from sidewalk upward or suspended by any cable chain
or metal rods or in any other manner :from the main building to shich said canopy
or shed may be attached.
Sec. 3.. All persons who shall erect or attempt to erect any canopy or
shed, either wood or metal, or both wood and metal, as set out in Section 1
hereo:f, shall be guilty o:f a misdeameanor and upon conviction thereof shall
be :fined in any sum not less than $5.00 nor more than $1.00 :for each, day
said canopy or shed remains in violation o:f Section.l.
ELECTION
PROCLA¥ATIO~
ORDINANCE
NO. 73
See , 2" That said City shall 'be divided in four wards which shall embrace
the territory as follows:
Ward It Shall include all of the territor;sr east of Baker Street, north of
'th Street; and for the purpose ofcfurther·classi.fication, Baker Street shall
mean a L'ine extended north from Baker Street to the corporation
r line •. '""-
Ward 2: Shall include all that terri,tory west of lrfard 1 and north of 'th St..•
Ward): Shall include all t.err-Ltory west of Baker Street and south of
'th street.
Ward 4: Shall include all territory east of Baker Street and south of
'th Street.,
Sec., 3: For the purpose of division, Baker Street shall mean a street
extending nor-t.h and south from the north line of the corporation, to the south
line of the corporation, and 'th Street shall mean a street extending east and
west from the east line of the corporation, to the west line of the corporation.
v
Repe.A- o. 33
An ordinance making the leaving of a key in the ignitfuon switch of an
unattended motor vehicle an offence.
Sec. 3.. The conditions arising from the unauthorized driving away of motor
vehicles which are left unattended with the key in the igni,tion switch has re-
sulted in serious law enforcement difficulties.. An emergency is therefore
declared and this.ordinance being necessary for the preservation of the public
peace, health, and safety shall be in full force and effect from and after its
passage .•
Dated: April 15, 1'46 ,..
Approved! V. E. Hutcheson,
(Seal) Mayor
Attested: Don Alley, Clerk and Recorder
April l'
Sec.. I" Ordinance No .•76 being entitled "An Ordinance to Levy a 'I'axon
the Privilege of Engaging in any Business, Trade, Occupation, Vocation,
Profession or Calling, and For Other- Purposes, II is hereby amended as follows:
Plasterers .. 0 • • e •
CD • e• e • • 12.0®
• •• • • ••• •
.. • • • " .•20.00
• • • .00 .3'
Pool Hall .•• • • • • • • • • •. " " ••.•. • • .100.00
Monument Works ."......... e e • e • 19. 00
Auto Salvage Yard .,• •. • • • " " " " •. " • • .12.00
Ice Cream Parlor and/Confectionary • • • •.• • 1$.00
Golf Course ,.. . • e e • e e it e 4) eo. •• •. 00
Se~ o,Qd.NO. ?)<p j to;)
Sec. 31. T.he Tax Hate levied herein will become effective July 1, 194'.
Pasaeds June 10, 194'
ApprovedL E. Hurcheson, MayoI!'
Attest: Don Alley, City Clerk and Recorder
(Seal)
Passed by 2/3 majority vote of the City Council
Sec. 7. In all cases where the amount to be paid for the license depends-
upon the inve ntory of stock, it shall be the duty of the person applying for
the license to render the City Collector a sworn statement of the value of
such goods or stock and such further¥oof as the City Collector shall demand
to show the actual value of the goods or stock; and said City Collector shall
not be required to rece:$pt for any money until such proofs are furnished"
Tne City Collector may require the applicant to furnish for inspection a
of the applicant's income tax return to the State of Arkensas ,
S:eq. ,@ Any person, corporation, or firm beginning business in the City
of .Mo-qnt,ai;n.HQll1e,Arkansas
on or: a,f~er July 1st of any year shall be allowed
to pay one half .of annuaL occupat ion t~ provided for such business.
Sec., U... Should any section or pr-ova.saon of this ordinance be f'orr any
reason he.Ld v;oid .or. ip.valid, it shall not. affect the validity of any other
section or prov:isionhereof ~h~c4 is ftotitself held void or invalid"
S.e'c,.12,,, , Th~s' ordina~ce shall not repeal any pr-ovi.s i.on or provisions for
lic;ensescontainedin apy, oz-diriances previously adopted i.11this city except
as exnressly stated herein~
Sec",.:t4.. .All per-sona, firms,or. cpr,porations failing to pay the City Coll-
ector .thelicr.e.ns,e ,due on or before January 31st of each yean- shall be subject
to a fine ?-s.fixed in ~e~tion 15 hereof.
Sec" 17" Whereas, the City' pf, H9uptaln Home, Arkansas is in a deplorable
financial condd.t.Lon which. if pot illlIDe9-i?-telyremedied will result in a
ser~ous impairment, of the city, credi~, therefore an emergency is declared to
exi!3t and tr,i~ ordir1apce bej.ng necessary for the preservation of the public
peacey hea.Lt.hr.and safety, the same s~J-l. be ;in full force and effect from
and after Lt s paasage and public?-ttop e ,
Whereas, after due notice as required by law, the City Council of the
City of Mountain Home, Arkansas, has heard all the parties desirh'1.g to be
heard, and has ascertained that said petition was signed by more than two-thirds
L~ assessed value of the owners of real property within said territory;
Now, Tl-iSREFORE,
BE IT ORDAINED
by the City Council of the City of Motmtain
Home, Ar-karrsas,
Sec. 1. There is hereby established an improvement district embracing
the following property in the City of Mounta:i..n H me, to-"Wi.t:
All real property ly1..J1g within the corporate limits of the City of
Mountain Home, Arkansas; for the purpose of extending and improving the present
waterworks system which the city owns, in such manner and ,-lith such materials
as the Commissioners to be elected for said improvement district shall deem
to be for the best interest of the district, and that the cost thereof, over
and above any aid received from any agency of the federal or city government,
be assessed and charged upon the real property above described, provided the
liability of each lot or tract of land shall be limited to its assessed
benefits •.
Said District sha.Ll, be known as Waterworks Improvement District No.1,
and Lloyd Fisk, ff~ B. Foster, and H. O. Tipton are hereby named commissioners,
who shall compose the Board of ,Improvement for xaid district"
Sec. 2.. This ordinance shall take effect and be Ln force from and after
its passage ..
CE..~TIFICATE
ORD~--
Sec.. 1" It sr.all be un'Iawfu.L for any person who oanes or has the rig):1t to the
possession of a jup~ motor ver.d.cle or vehicles to permit such vehicles to be or
remain in the City of :t-1ountainHome,Arkansas, unless same are kept inside of
a ~ilding"
/
Sec. 2.U junk motor vehicle shall be construed to be a motor vehicle which
is not in operating conditione) Vehicles which are inside .of buildings or
which are in the G3..ctualprocess of being r-epaar-ed/are excluded from the provisions
of this ordinance ••
Sec.• 3.. Any person violating the provi.saons of thisc ordinance shall be subject
to a f.ine of not: less than five dollars nor more than twenty-five dollars; and
each day that this ordinance is violated shall constitute a separate offense e-
Sec.. 4.. A congested condition caased upon some of the streets by reason of. the
parking of junk motor vehicles thereon and leaving same for a long period, the
unsanitary condition and the undesirable appearance created by such junk
vehicles has resulted in serious problems effecting the health and welfare of
the citizens of Mountain Home, An emergency is therefore declared and thia
ordinance being necessary for the preservation of the public peace, health,
and safety shall be in full force and effect from and after its passage"
NO. 83
ORDDlANCE
Part of the NWiof the SEi of Section 9, Twp•. 19 North, Range 13 West,
bounded and described as follows:
Heginningat a point on corporate boundry line 475 feet East and 430 feet
South of the Northwest corner of the NWt of SEi of Section 9 ~wp. 19 North
Range 13 W, run thence East 43' feet to a st akej thence Nortfi 191 feet to a
point" thence West 14 feet to a point.; thence !\lorth 89 feet to a point on
present corporate bcundry line ii4 feet East 1'5 feet South of the Northwest
corner- of the NW1? of the SE! of Section 9, Twp. 19 North, Range 1.3 West .•
And Whereas, the County Court did on the 10 day of August, 1946" make and
order annexing said territory above described to the City of Mountain Home,
Baxter County, Arkansas.
And Whereas, thirty days elapsed and no protest was filed with the Clerk
of the County Court, and
Whereas, said proceedings in said County Court was on the 10 day of Sept-
ember, 194', conf'Lrmed by said court in all things ••
:'-11 ordinances
and parts of ordinances in con"flict herewith are hereby
repealed and this ordinance shall take effect and be in full force from and
after its approval and publication as required by law .•
lihereas, said benefits received by each and" every lot, block and parcel
of real property situated in said District equals or exceeds the local assess-
ment thereon; and
Sec. 10 That the said several lots, blocks and parcels of real property in
said Waterworks Improvement Distt'ict No•• 1 of the City of Mountain Home, Arkansas,
be ass~ssed according to the assessment list for said improvement district as
the same now remains in the office of the City Recorder and that three and one-
::.e~ghth per centUlJ!.(3 1/8%) of the assessment of benefits of each of said Lot s ;
~locks and parcels of real estate shall be paid annually on or before the 1st
day of May each year, beginning with May 1, 1947, until the whole of the said.!
loc~l assessment~of benefits shall be paid.
Sec. 2. All ordinances and parts of ordinances in conflict herewith are hereby
repealed, and this ordinance shall be in full force and effect from and after
its passage.
ORDINANCE
NO. '5
An ordinance to amend Ordinance Noo 5' by increasing the fees of the City-
Marshal for services rendered in connectio~ with livestock running at large.
He it ordained by the City Council of the City of Mountain Home:
ORDINANCE
NO..
An Ordinance AmendingOrdinance No.. 7- as Amendedby Ordinance 'fifo.. 80.•
Section 1. OrdiBance Wo•. 7- being entitled "An Ordimmce to Levy a Tax on the
Privilege of Engaging in any Business, Trade, Occupation, Profession, or Calling,
and for the purposes," As amended by Ordinance No•• 0 passed June 10, 19M.,
is further amended as follows:
Section 4. The license fees herein levied shall not apply to the taking of
orders for goods to be shipped by interstate commerce"
Section 5. The license fees herein levied shall become effective July 1, 1947.
build or er-ect. in any manner any building or structure of any kind, shape or size
or to construct, build, or erect in any ma..'1Ilerany annexation, ext.ens.lom, or en-
largement of any existing building, or structure, or to move any building on'
structure within the corporate limits of the City of Mountai."1Home,Arkansas;
without first procuring a permit to do so from the City Council.
Section 2. Application for a permit shall be filed with the City Clerk and R
Recorder, and the applicant shall at the time of filing said application pay a
fee of $2.,5@to cover the cost of administering this or-d'inance, Upon the filing
of the application aforesaid and the payment of the filing fee, the V4yor shall,
within ten days, call a meeting of the City Council to consider the application;
and notice of said meeting shall be given to the applicant" Uponthe hearing
and consideration of any application of the City Council shall determine whether
or not the proposed building, annexation, ~Atension, or enlargement, as the case
may be, would tend to create a fire or traffic hazard or would tend to be in-
jurious to the public health, welfare, and safety; and if the City Council shou'Ldi
so find; it may refuse to grant a permit" If the City Council should not so find,
it shall grant the application and a permit bearing the signature of the MayoF
anu attested by the Recorder shall be issued to the applicant.
Section 3. Any person, firm, or corporation receiving such permit shall construct
said building, annexation, extension, or enlarge~entauthorized by the permit in
accorda.."1ce
with the specifications set out in the application.
Section 4'.. Any person, firm, or corporation violating any of the pr-cvasxons of
this oftilinance shall be deemed guilty of a misdemeanor and upon cOr;l.victionshall
be fined in any sum not to exceed $15.• 00 for each day said v~ola,!>ionoccured,
and each day any building, annexation, or extension shall be under constructiom
or permitted to exist after construction without first having o~aineq a permit
prior to the beginning of the construction thereof shall be a violation of this 0
ordinance"
Section 5& All ordinances and parts of D~dinances and parts of ordinances in
conflict herewith are hereby repealed, and this ordinance shall be in full force
and effect from and after its approval and publication ••.
C-p·""_v)'LOVI~.
'---- '- --
.~ •.
ll1~d~ ~.G,&
IC~-f..... ',J
e to Regulate the Operating 0 Limits:
,
Home,Arkansas: '
Section I. That it shall be, and is hereby declared to be, unlawfUl for any person,
firm or corporation to'engage in the operation ' of any taxicab or automobile for
o
hire withi."1the City of Mountain Homewithout first procuring from the City
Council a permit to doro.
Section 2" Uponan application for a permit hereunder being filed'with the City
Recorder, the Mayor shall call a meeting of the City Council within .30 days to
consider such application. notice of the time, place and purpo~e of said meeting
having been given to the applicant" If, after consideration of an application,
the City Council finds that it is to the best interest and necessary to t~e public
peace, health and safety and public welfare, it may grant said per.mit.. It is does:
not so find, it may refuse to grant such a permit"
Section 3., It shall be tmLawfu.L for any person, firm or corporation to operate
within the City of Mountain Home, any ta..ncab or automobile for which is;
in a defective mechanical condition" The City Council may revoke permit of
any peroan violating this provision of this ordiaance.
Section 4" An applicant for a per.mit under this ordinance shall pay to the City
of Mountain Homea fee for such permit according to the following scheduler
$20.00 for the £irst automobile; $15.00 for the second; and $10.00 for each
additional automobile included in the permit.
Section 5.. Any person, firm or corporation operating under the provaaacns of this
ordinance shall be required to furnish service t1."ienty-four hours per day, if
called upon"
Sect Lom G... Any person, fii-m or corporation vi«Hating any of the terms of thi$
ordinance shall be deemed guilty of a misdemeanor and upon conviction thereof
shall be fined in any sum not less than $10 00 nor more than $25•.00, and each
0
Section~. If, for any reason any portion of this ordinance be held to be invalid,
such invalidity shall in no wise affect the remaining portions thereof which are
valid, but such valid portions shall be and remain in full force and effect"
Section 8. And this ordinance being necessary for the immediate preservation of
the public peace, health and safety, an emergency is hereby declared to exist
and the same shall be in full force and effect immediately after its passage"
ORDINA.YlJCE
NO. 89
Be it Ordained by the City Council of the City of Mountain Home, Arkansas •..
Section 1.. All motor vehicles ~ha;Ll be parked at an angle of 45 degrees, upon
the Public Square in the City of ¥.l()untain Frome,Arkansas.
Section 2. On all other streets within the City of Mountai.."lHome, all motor
vehicles shall be parked parallel.
"
Section 3. There shall be no double parking on any street in the City of Mountain
Home, Arkansas .•
Section 4. There shall be no tID turns at traffic lights on the Northwest or thee
Southwest corner of the Public Square ••
Section 5.. All motorcycles and bicycles, must have at least one and not more
than two head lamps, and a red tail lamp and stop lamp on the rear ••
Section G.. All other motor vehicles shall be equipped with at least two head
lamps, one on each side at the front; a red tail lamp on the rear, and a white
light to illuminate the rear license plate.
Section 8~ It shall be unlawful to operate any motor vehicle within the City
of Mountain Home, Arkansas, withput hawing an operabor+s or chauf'fer+s license
as required by State Law"
Section9c Every person who shall violate either of the foregoing section$
shall be guilty of a misdemeanor, and upon conviction thereof shall be punished
by a fine of not less than $2.50 and not more than $25.$')(:)".
ORDINANCE
NO.
B:e it Ordained by the City Council of the City of Mountain Home, Arkansas"
Section 1" That no motor vehicle shall be parked on the outside of the Public:
Square, in the City of l-fountain Home, for more than one hour; between the hour-s
of eight 0 t'clock in the forenoon and six 0 Wclock in the afternoon, daily except
Sunday"
Section 2.. That no moto~ Vehicle shall be parked on any street for a dist.ance
of one block from the Public Square in the Cit;T of MountaL"lHorne, for more than
two hours, between the hours ~f·eight o'clock iq the forenoon and six o'clock
daily except Sundayo
Seation 1. ~b trucks or pickup trucks with body more than i feet long will be
allowed to park on the public square L."'1
the City of Mountain Homee
Section 3. Every person who shall violate either of the f'or-ego lng sections shall
be guilty of a misdemeanor, and upon convdct.Lon thereof shall be punished by a
fine of not less than $1.00 and not more than $25.00.
ORDINANCE
NO.
Section 1. Any person who shall appear at any public gathering of ar~ kind or
upon any public highway, street, park or throughfare in the City of Mountain
in a drunken or intoxicated condition shall be deemed guilty of a misdemeanor
conviction thereof shall be fined in any sum not less than $5. nor
$100 .•
00.
2. Any person who while in an intoxicated condition shall dr-Lve any
motor vehicle upon any public highway, street, park or throughfare within the
City of Mountain Homeshall be deemed guilty of a misdemeanor convd.ct.Lon
thereof shall be fined in any sum not less than $50 .•
00 not $100,,00•.
Sect.Lon 3. Any person who shall drive any motor vehicle upon any public highway,
street, park or throughfare in a reckless or careless manner shall be deemed
guilty of a misdemeanor and upon conviction t.her-eof' shall be fined not less than
$10.00 nor more than $100,,00.
ORDINANCE
NO. 92
Section I. Any person who shall obstruct the drainage of any street or
throughfare in the City of Mountain Home, by private driveway shall be deemed
guilty of a misdemeanor.•
Section 2. Any person or persons now having the drainage of any street or
throughfare in the City of Mountain Homeobstructed shall remove said obstruction
withi..n 30 days from the date hereof.
Section 3. If said obstruction mentioned in Section 2, herein, shall not be
removed withi.J."J.
said 30 days the Street Commissioner shall remove said obst ruct.Lom
and the cost of said remo~l saa Ll, be charged to the owners of said property <>
Section 40 Any person or persons violating either Section one or ti[i:Q, shall
be guilty of a misdemeanor, and upon conviction thereof, 'Shall be fined in any
sum not less than $10.00 nor more than $25.00.,
ORDINANCE
NO. 93
Be It Ordained by the City Councd.Lof the City of Mountain Home, Arkansas
Section 1.. Anyperson who shall fail to stop at WlYstop sign in the City of
}1ountain Homeshall be deemed gu.ilty of a nri.sdemeanor-,
Section 2. Any person who shall fail to stop on a red light shall be deemed
guilty of a misdemeanor.
Section 2.. Every person who shall assault, beat or wou~, any officer while
engaged in the serv~ce or execution thereof or the attempt to serve or execute
any writ, warrant or process, original or judicial, or any order or rule of
Court, or while negaged in the discharge of any official duties, shall be deemed
guilty of misdemeanor, and on conviction, shall be punished as prescribed in
Section 1 hereof.
NO. 95
ORDINANCE
Section 1. Any person who shall wear or carry in any manner, whate-wer, as
a weapon, any dirk or bowie knife, brass or metal knucks, or any pistol of any
kind whatever, l'11i.t.hin
the Cit;r of Mountain Home, shall be guilt;r of a misdea.rnanor;
and upon conviction thereof, shall be punished by a fine of not less than $50.00
nor more than $200.00 or by imprfusoment in jail for not less than 30 daysonor
more than 3 months, or by both fine and .impr-Lsonment,
Section 1" It shall be unlawful for any person, persons, firm, firms or
corporations to hold or produce ~'1y carnival, or to be interested in the showing
or producing of any carnival or to sponsor same to shown or produced within the
incorporated limits of the City of Mountain Home"
Ef:e It Ordained by the City Council of the City of Mounta:ip Home , Ar-kansase
Section 1.. That no motor vehicle shall follow the fire truck or any firemam's
cars closer than a distance of one block .•
Section 20 That no motor verdcle shall stop or park closer than one block
to any burning building while the firemen and fire truck are in operation"
'Section 3.. It shall be unlawful for any person or persons to stand or con-
gregate closer than two hundred feet of any burning building while firemen and
the fire truck are in operation .•
Section 4.. It shall be unlawful for any person to drive any vehicle across
a fire hose while lying upon or across any street at any time .•
Section 5.. Any person occupying or driv'.....ngany vehicle shall park saidJ
vehicle at curb or other place at a safe distance from the street at the sound
of the fire alarm and remain in that position until they determine the direction
or street upon which fire t ruck is traveling"
Section 6" Every person who shall violate either of the foregoing sections
shall be guiltJr of a misdemeanor, and upon conviction thereof shall be punished
by a firie of not less than $25•.00 and not more than $50.00.
Section 7.. All ordinances and parts of ordinances L.'1. conflict herewith, are
hereby repealed, and this ordinance shall be in full force and effect from and
after its approval and publication.
ORDINANCE
NO. 99
fo~ Ordinance to Provide for City License for Automobiles, Trucks and Other
Motor Vehicles ••
Section 1. That Ordinance Number 74 be, and the same is hereby repealed.
Section 4. That said license shall be due and payable between the dates o~
January 1st and January 15th each year and shall be paid to the City Collector
at his office in Mountain Home, Arkansas; who will issue a receipt and tag therefor;
and all persons failing to procure a Li.cense tag and exhibit same
upon his automobile, truck or other motor vehicle within said dates, shall pay-
a penalty of twenty-five cents for each day thereafter, not to exceed the amount
of the license provided herein", --
Section 9.. All Ordinances and parts of ordinances in conflict herewith are
hereby repealed and this Ordinance shall be in full force and effect from andi
after approval and publication hereof.
Nov. 12
ORDINANCENO. 100
Section 2" '!'here is hereby levied an annua.l, tax in the sum of Five Dollars
($5 .•00) on each machine that is located within the corporation of the City o:f
Mountain Home, Arkansas, as set out in Section 1,,° hereof.
Section 3. Said Tax shall be due January 1, and payalil:l.e on or before January
15 of each year .•
Section 40 No permit will be granted for a Les s period than three months; and
said license shall expire on the 31 day of December of the calander-year in which
said license shall have been paid.
ORDINANCE
_NO. 101
WHEREAS,a petition was filed by B•• Nic Saltzman, Ward Hackler, and sixty--
eight other citizens and land owners with-the County Court, of Baxter County,
Arkansas, seeking to annexed all the territory hereinafter described to the
City of Mountain Home, Baxter Counby , Arkansas, to-w;it:
SE l. NEl..
. l;.
m.r1.NIlifl..
4-, an4- ?-=. SEl..
4-, J.l/'£:. 4-, SEl.
4- SW1. 1Iw1..NE):l- NW+SE+
.....,.,.u4-, <j: ..•. ...., e
W~ NW:!::
SE:!::; NE:!::NWt SE:!::;N:~Nfi-lIIE~ SEt;; S! NEt; NWt NEt;
Meridian .•.
ANDWHEREAS, the County Court did on the 17th day of September, 194', make
an order annextng said territory above descr-Ived to the City of Mountain Home,
Baxter County, Arkansas •.
ANDWHEREAS, thirty days have Leapsed and no protest was filed v.rith the Clerk
of the County Court,and,
WHEREAS, said proceedings in sid County Court, was on the 17th day of October,
1949, confirmed by said court in all things"
ORDINANCE
NO..102
AN ORDINANCEREPEALING
ORDINANCES
NO. and NO.. a1 au
OF THECITY OF MOUNTAIN
HOME,ANDDECFARING
AN EMERGENCY.
WHEREAS, in fut'the""~ce of that plan the City Counnl did 01). March 2l+ 1947
pass Or-dlliance N.O.. 54c 1...rflJ.cn
-levied an assessment of benefd ..ts agaanst, the I!nas With
in the aistrict, and since that time it has developed that the improvement proposed
~ the district cannot be undertaken because of the statutory limitation on the
amount of money the district can spend, and the district has been abandoned,
making it advisable to repeal these oridnances and clear the way for new plans;
for the improvement of the water and sewerr service afforded to the inhabitants
of the City; now, there~ore,
HE IT ORDAI}'1ED
ey- the City Council of the City of Mountain Home, Arkansas;
Section 1.. That Ordinance No, 81 of the City Council of the City of Mountain
Home, passed and approved on July a, 1946, be and the same is hereby repealed,
annuled, set aside, and forever held for naught~
Section 2. That Ordinance NOe '4 of the City Council of the City of Mountain
Home, passed and approved on March 24, 1947, be and the same is hereby repealed,
anulled, set aside, and forever held for naught ••
Section L, Ordinance No" 7' being entitled III An Ordinance to levy a tax
on the privilege of engaging in any business, trade, occupation, Vocation, p
n-,
profession or calling, and for other '1)Urposes as amended by OrdL."lanceIIfb
e
~, is hereby amended as follows: -
.Monument Works.. • • • • oo
$la •.
Auto Salvage Yard • •
• • <»
. . .• .
• ••• • • <» • III e •
eo..
• e
•. • 12 •.
00
B" B. Foster
Ray Ramey Jr., and
Sam Powe'l.L
are hereby named commissioners, who shall compose the Board of Improvement
for said district.
Section 2.. This Or-ddriance shall take effect and be in force from and)
after its passageo
ORDINANCE NO.I05
WHEREAS; said benefits received by each and every lot, block~ and
parcel of real property situated in said District equals or exceeds the
local assessment thereon; andi
ORDINANCE NO •.106
BE IT ORDAINED tiw the City Council of the City of Mount.a.In Home, Arkansas:
Section 2.. Whenever any referendum petition is filed, the City Couna:il
shall give notice by publication for one insertion of a time not less than
five days after the publication of such notice at which they will hear all
nersons who wish to be heard on the cuest}on whether such petition is sigg~d
by the r-equ.Ls
i.t e number of pet i.t.Loner's
, _"l.t
the time named the GiCy L:ouncu.
shall meet and hear all who wish to be heard on the question, and its decision 1
shall be final, unless suit is brought in the Chan eery Court of BIL"CterCounty
wQthin thirty days to review it s action"
Section 3.. If the City Council finds that such petition ~gned by
the requisite number of petitioners, it shall order a special election to
determine by a vote of the qualified electors whether the ot't:1L."1a.nce
shall
stand or be revoked" The date for such election shall be not less than ten
days after the order therefor has been made by the Council, and said electiom
shall be had and conducted as general mlli~icipal elections held the Cit~ of
Mountain Home.
Section~. The City COQnail hereby ascertains and declares that there
will be in the near future the enactment of certain ordinances and resolutions'
pertaining to the improvement of the municipal water and sewer systems, and]
that unless there is a limit fLxed within which referendum petitions may Be
filed, there is danger of loss of life or PiIJoperty,and that therefore aE
emer-gency exi.s't s and this ordinance, being necessary for the preservation of
public peace, health and safety, shall become effective without delay
immediately upon its passage.
WHEREAS,the City Council has had plans made for the necessary extension
and equipment of both the waterworks system and the sewer' system, in order to
protect the lives and property of the inhabitants of the City, which p'Ianes
have been prepared by Y.ax A.. Hehlburger of Little Rock, Arkansas, a r-egi.st.ened
engineer and a recognized authority on waterworks and sewer systems, who haa
also filed an estirr~te of cost show~ng that it will require $270,000 to pay
for the needed irr~rovements, extensions, and equipment; and these plans,
together with the estimates of cost, have been filed with the City Recorder
and are nov on file in his office, and the estimates of cost will cover all
engineering, legal and other expenses in connection with the extension and
new equipment for the systems, and interest durL~g const5uction, together.
with the cost of the issuance of the necessary bonds; andJ.
WHEREAS,the City Couned.L has det-ermined that the funds for the improve-
ments and extensions shall be obtained by the issuance and sale of $~'O, 000
in revenue bonds payable solely from the net revenues to be dm-ived from the
operation of the waterworks and sewer systems after the proposed extensions: .
and new equipment have been made and furnished, and $110,000 shall be pro-w.i.ded
by the issuance of. bonds by Sewer ~-nprovement District No. 1 of Hountain
Home, to be secured by an assessment of benefits; an~
with the right to convert these bonds to bonds bearing a. lower rate of
interest, upon condition that the City shall receive no less and be require&
to pay no more than it would receive or pay if the bonds were not converted;;
and
WHEREAS,the City has examined the computations for both the issue of"
$160,000 in 3-1/2% bonds and the. issue of $172JOOOin 2-1/2% and ~ bondss
both issues dated July 1, 1950, and maturing serially, and has found that the;
total cost of retiring the 2-1/2% and 3% bonds will be $640 less than the
cost of retiring the3#1/2% bonds, and that therefore the City by reason of'
the conversion will not receive less or be required to pay any more than it
would receive or pay if the bonds were not converted, and so the conversion
is approved;
NmiT,THEREFORE,BE IT ORDAINED
BY The City Council of the City 0:['
Mo~~tain Home, Arkansas:
For the waterworks system-- the plans call for enlargement of the
distribution mains and service lines in order to makethe water availarrl.e
to substantially the entire population of the City" '
For the Sewer System-- the plans include the enlargement and construction
of the collection system to afford sew-e]!'
service to parts of the City which
otherwise would be without it"
The City Council further finds' that the plans have been approved by the
State Board of Health.
:Boththe water system and the sewer system, as they vlill be after the
completion of the improvementsand extensions, are sometimes hereinafter
referred to as the ltWorksIf"
Section 2. That under the authority of Acts Nos. 131 and 132 of the
General Assemblyof the State of Arkansas for the year 1933, and acts
amendatory thereof (hereinafter sometirnes referred to as nAa:ts131 and 13:e,
as .l1.:ro.endedrevenue
ll), bonds be issued in the total amount of $172,(iJOO,
th~
proceeds of the sale of which issue shall be used toward the cost of constru~-
tion of the \A/orks;that said bonds be designated IlCity of Mountain ROmeo
---1" ~I/ater and Sewen- RevenueBondTw, to be dated as of .fuly 1, 1950, numbered
from 1 to 182, both inclusive, to be in the denomination of $1000 each except
BOndNo.5, which shall be in the denomination of $200, and Bonds .!\ros.18,
23, 28, 33, 38, 43, 48, 53, 58, 79,104, Ill, 133, 141, 149, 157 and 182,
which shall be in the denomination of $500 each, of which Bonds No. s to 43,
inclusive, amounting to $39,200, shall bear interest at the rate of 2-1/2%
per annumand Nos. 44 to 182, both inclusive, amounting to $133,500,shall
bear interest at the rate of 3%per annum, and to mature serially on the first
day of January in each of the following years and in the fol1mling amounts,
respectively, (but callable as hereinafter set forth):
The bonds, together with interest thereon, shall be payable solely out of
the Hater and sewer Revenue Bond Fund as hereinafter defined, and shall be
a valid claim of the holder thereof only against such fund, and the amount oir
the revenues pledged to said fund, which amount of said revenues is hereby
pledged and mortgaged for the equal and ratable payment, of the bonds and shall
be used for no other purpose than to pay the principal and L~terest of the
bonds, except as hereinafter set out.
KNOW
ALLMENBYTHESEPRESENTS:
'"
'l1hat the City of l{ountain Home, in the County of Baxter, State of'
Arkansas, for value received hereby promises to pay, solely from the special
fund provided therefor as hereinafter set forth, to bearer, the sum of
This bond and the series of which it forms a part are issued pursuant-
to and in accor-dance with the provisions of Acts Nos•. 131 and 132 of the
General Assembly of the State of Arkansas for the year 1933, as amended, and
do not constitute' an indebtedness of said City of MOl.mtainHomewithin any
constitutional or statutory limitation.. Said Bonds are payable solely from
a fixed amount of the gross revenues from the water and sewer systems, whi.ch
amount, shall be sufficient to pay the principal of and interest on the bonds
as the same become due and payable. Said amount has been dul;y-set aside and'!
pledged as a special fund for that purpose and identified as lIWater and Se'<Ner
Revenue BOndFund", created by Ordinance No. 107, duly adopted by the City
Council of said City of Mountain Homeon the 19th day of September, 1950,
under which this bond is authorized to be issued, and in said ordinance the
said City has fixed and has covenanted and agreed to maintain rates for water
and sewer servf.ces ",rhich shall be sufficient at all times to provide for the
payment of the prinli!ipal of and lc"1terest on the bonds as the same become due
and payab~e, to provide for the creation of separate depreciation funds for
necessary replacements to said wat-er and sewer systems, and to provide for
the payment of the reasonable expenses of operation and maintenance of said
systems.
TJ,.is bond is expressly made negotiable under said Acts No.. 131 and 132
of 1933, as amended, and is issued with the intent that the laws of the State
of Arkansas shall govern the construction t aereof e
'1!hebonds of this issue shall be callable for payment prior to maturity
in L~verse numerical order, at par and accrued interest, as follows: If callero
for payment from surplus revenue, on any interest paying date; if called fOlT
payment from any other funds, on any Lrrt.er-es't
paying date on and after July 1,
1955.. In the event a call is made for payment 'Defore maturity, the City shall
publish notice of such call once a week for two weeks in some newspap~ of
general circulation throughout the State of Arkansas and published in the City
of Little Rock, Arkansas, giving the number and maturity of each bond being
called, the first pUblication to be at least fifteen days prior to the date
fixed for redemption, and after the date fixed for redemption each bond so
called will cease to bear interen, provided funds for its payment are on
deposit with the paying agent at that time.
'Ihis bond shall not be valid until it shall have been authenticated by
the certificate hereon, duly signed by !he Commercial National Bank of Little
Rock, Arkansas •.
City Recorder •.
(Form of Coupon)
Ko._-- ~--
January
On the first day of July, 19_, the City of Mountain Home, Baxter
County, Arkansas, unless the bond to which this counon annertafus is sooner
called for payment, promises to pay to bearer the
solely out of the fund specified in the bond to coupon appertains,
at the office of The Commercial National ~'1.k of in
such funds as at the time of payment hereof are the payment
of debts due the United States of America, being then
due on its Water and Sewer Revenue Bond dated July numbered __ e
CERTIFICATE
By .....,...----,.....-- ~_-....o.-_
Vice-President and Secretary
Little Rock, Arkansas
__________ s 1950 •.
SECTION4G That the following rates have been fL~ed as the rates to be
charged for water to be furnished by the wat-erwor-ks system, and the Counc:il
_hereby finds them to be reasonable and necessary miD~UID rates to be charged,
and hereby continues then, to-wit:
DOl<lESTIC
RATES( PER MONTH)
First 3,000 gallons or less $2.50
Allover 3,000 gallons: .50 per 1000 gallons
Minimummonthly charge 2.50
COMMERCIAL
ANDINDUSTF.IAL
HATES( PERMONTH)
Except in the case of fire hydrants, meters shall be installed for each
separate user of water, both public and private: a f8.JtLlilyor .a business shall
be considered one user but each apartment in an apartment house shall be a
separate user"
DOHESTIC
RATES(PER.MONTH) $ 2.00 per user
COMl-fERCIAL
BATES(PER.HONTH)
Tourist courts, schools, hotels, and
Service stations
Bills for water and sewer services shall be rendered monthly, and if not
paid before tl:J.etenth day following the original date of billing, a 10%
penalty shall be added to the bill. If the bill is not paid within thirty
days, services shall be discontinued and the premises shall be disconnected
from the water-works system. A charge of one dollar shall be made for re-
connecting a delinquent premise.
SECTION5" This Council further fL.'1ds and declares that such rates as
above set out will produce a total revenue sufficient to pay the total
operation and maL.'1tenance eA~ense of the Works and provide for the payment
of the bonds issued to finance the cost of the :im.ppOvementsand extensions,
both principal and interest, as the same fall due and are payable, and to
creste all funds herein provided .•
Except as herein authorized, said rates shall never be reduced until all
bonds herein authorized. and all coupons thereto attached have been paid in
full, and shall when necessary be Lncr-eased in an amount sufficient to provide
for the maintenance of the funds hereinafter descri ved., L1'l the event that the
future grotvth in popUlation and the increased consumption of water produce
more revenue than is needed for all of the purposes herein set out, the rates
herein fixed may with the consent of the Trustee be reduced, but no reduction
shall be made which would r-educe the net revenue below 150% of the total
pr-Incapa.L and interest requirements of both the bonds authorized by this
ordinance and the bonds issued by Sewer Improvement District Kb. 1 of the
City of Mountain Home, Arkansas, and whenever in the judgment of the Trustee
it is necessary or advisable to restore the rates hereL'1 fixed, such decision
on the part of the Trustee shall be finaL
SECTION be None of the facilities or services afforded py the Works
shall be furnished without a reasonable charge being made therefor.. In the
event that the City or any department, agency, or instrumentality thereo1'
shall avail itself of the facilities or services afforded by the Works, the
reasonable value of the services and facilities so'afforded shall be charged
against the City or such department, agency, or instrumentality, and shall be
paid for as the charges therefor accrue.. The revenues so received fram the
City shall be deemed to be revenues derived from the operation of the Works,
and shall be used and accoQnted for in the same manner as any other revenues
derived from the operation of the Works; provided, however, that nothing
herein shall be construed as requiring the City or any department, agency, or
instrumentality thereof to avail itself of the facilities or services afforded
by the Works.
SECTION 8.. Water and Sewer Fun~. A fund is hereby created and designated
lllilater
and Se'\~-er
Fund", into which there shall be placed as received all
revenues derived from the operation of the Works. Such Revenues are hereby
pledged, and shall be applied to the payment of all bonds issued hereunder
and secured hereby and the interest thereon, and to the operation and main-
tenance of the Works, and to providing an adequate depreciation fund, in the
manner hereinafter provided .•
Payments from this fund and all the other funds created -by this or-Ldnances
shall be made by check or voucher signed by two duly authorized persons and
dr-awn on the depository '\>Id.th
which the moneys in said fund shall have been
deposited.. Each such crheck or voucher shall briefly specify the purpose of
the expenditure e
SECTION 10. Water and Sevier Systems Depreciation Fund.. There shall be paid
by the City Treasurer from the.Water and Sewer Fund into a fund which is,
and Sewer Systems Depreciation Fundn
hereby created and designated Illilater
(hereinafter termed "Depreciation Fund!!'),on the first day of each month while any
of the bonds issued under this ordinance shall be outstanding, 5% of the
gross revenues of the 1rforks..Moneys in the Depreciation Fund sha Ll. be used
solely for the purpose of paying the cost of replac~,ents made necessary by
the depreciation of the Works .•
If any sur-p.Iuss
shall be accumulated in the Depreciation Fund over and
above the amount which shall be necessary to defray the cost.of the probable
replacements during the thBn current fiscal year and the next ensuL'1g fiscal
year, and which in the judgment of the Council is not needed for replacements,
such surolus or excess may be transferred by the Council and paid) Lnt o the
Water ~1d Sewer Revenue BOnd Fund; provided, however, that such transfer or
payment into the Water and Sewer Revenue Bond Fund shall be in addition to
all other payments hereinafter required to be made into said Bond Fund .•
SECTION 11.. Water and Sewer Revenue Bond Fund" (1) There shall be
paid by the City Treasurer from the \',Tater
and Se',verFund into a fund which
is hereby created and designated fn~ater and Sewer Revenue BOnd FundI! (herein-
after termed "Bond Fundll), the sums in the amounts and at the t i me her-einaf'tez-
stated ;n SUbsection (2) for the purpose of providing funds for the pa~nnent
of the principal and interest on the bonds as they mature according to the
follovling schedule, and as a reserve for contingencies:
YEAR PRINCIPAL INTERES'JI TOTAL
Jan. 1 of Jan" 1 JUl: 1 Jfan. 1 July 1
each year 2 172~ : ;i;
1951 $ $490,,00 $490,,00 $2002•.50 $2002,,50 $4985.00
1952- 4200•.00 490,,00 437,,50 2002.•50 2002•.50 91;32
•.50
-1953 4000.•00 437.50 387.•50 2002.50 2002•.50 8830.00
1954 4000,,00 387•.50 337.•50 2002.50 .2002..50 - 87)~~00
1955 4500.•00 337•.50 281.25 2002•.50 2002.•50 9123•.75
1956 4500,,00 281.25 225.•06 2002.•50 2002•.50 -9011•.25
1957 4500,,00 225.•00 168••75 2002,,50 2002•.50 8898.7:£
1958 4500.00 168.•75 1l2,,50 2002•.50 2002.50 8786.•25
19-59 -4500,,00 -112.•50 56.•25 2002,,50 2002•.50 8673.•75
1960 4500.•00 56.•25 2002.•50 2002•.50 8561.•25)
1961 4500,,00 2002•.50 1925.•00 8437•.50
1962 4500,,00 1935.00 1867•.50 8302.•50
1963 4500..00 1867.•50 1$00.•00 8167•.50
1964 5000.00 1800.00 r- 1725•.00 8525•.00
1965 5000•.00 1725.•00 1650.•00 8375.00
1966 5000.•00 1650.00 1575.•00 8225•.00
1967 5590.•00 -1575.00 1492,,50 8567.•50
19.68 6000.•00 1492•.50 1402,,50 8895••00
1969 6000.•00 1402.•50 1312.•50 8715•.00
1970 6000.00 1312.•50 1222•.50
1971 6500,,00 1222•.50 1125.00 ~~~~:~£
1972 6500.•00 1125••00 1027•.50 8652.50
1973 7000.00 1027,,50 922.50 8950••00
1974 7000.00 922•.50 817•.50 8740•.00
1975 7500.00 [ SI.7;:~ 705.•00 9022.•50
1976 7500,,00 705.•00 592.50 8797.50
1977 7500•.00 592•.50 480•.00 8572,,50
1978 7500.•00 480•.00 367•.50 8347•.50
1979 8000•.00 367.50 247.•50 8615.00
1980 8000.00 247.50 127•.50 8375••00
1981 8500..00 127.•50 ------ 8627..50
(2) There shall be paid by the City Treasurer from the Water and Sewer
Fund into the BondFund, beginning on the first business day of the morltjij.
after the delivery of the bonds and continuing on the first business o1f"
each month thereafter until all the bonds with interest issued under thi$
ordinance have been paid in full, or provision made for such payment, a sum
equal to one-fifth (1/5) of the next installment of interest and one-tenth
of principal of the bonds and the Flying agent !Ils;
(1/10) of the next :L"1sta1JJnent
fees, until a reserve of $10,000 has been accumulated; provided, however, that
when in any fiscal year no principal or interest of the bonds of this issue'
is in default and the reserve in said NondFund equals $10,000~ the amount as
payable each month into said fund shall equal one-sixth (1/6) of the next in-
stallment of interest and the paying agentw3)fees, and one-twelfth (1/12)
of the next installment of principal and the paying agent t s fees .•
SECTION 14.. '.RheCity hereby agrees to make all payments on bonds andl
interest only through the paying agent. All bonds paid or purchased, either
at or before maturity, shall be cnacelled when such payment or purchase is
made, together with all ubmatured coupons appertaining thereto, and held by
the City Treasurer, and shall not be r-ed.esued; All unpaid interest coupons
maturing on or prior to the date of such payment or purchase shall continue
to be payable to the respective bearers thereof.
SECTION 16., All deposits of the money in the different fundss created by
this ordinance shall be deposited in such depository or depositories as the
City may lawfully designate from time to time, subject, however, to the giving
of security by such depository as now or as hereafter may be' required by law •.
All deposits made by the Treasurer shall be in the name of the City and be so
designated as to indicate the particular fund to which the revenues belong e-
SECTION 17" The security for the issue of revenue bonds authorized by
this ordinance shall be all of that security and right granted by said Acts
NbS •• 131 and 132 of 1933, as amended, with the proyision that no recourse
shall be had for the payment of the bonds or interest thereon or any part
thereof against the general fund of the municipality, nor shall the cr~dit
or t~g power of the municipality be pledged to such payment" The bonds
and the interest thereon shall not be a devt of the municipality, nor a charge,
lien or encumbrance, legal or equitable, upon any property of the m uniripality,
other than the improvements constructed with the proceeds of this bond issue,
nor upon any income JI receipts or r-evenues of the municipality,; other than usch
of the revenues of the Works as shall have been pledged; and the bonds of th~
issue herein authorized shall carry a statement in their face that said bonds,
including interest thereon, are payable solely from the revenues pledged to
their payment and the municipality is under no obligation to pay the same
except from said revenues.
SECTION 18.. Nothing in this ordinance shall be construed to prevent th«;
issuance by: the City of additional bonds to fi..l1aJ1Ce or pay the cost of c-on-
1
SECTION 19. ~he Works shall be operated upon a fiscal year basis,
beginning January 1 of each year end ending on and including the following-
December 31"
SECTION 20. It is eovenant ed and agreed by the City with the holder OF
holders of the bonds, or any of them, that it will faithfully and pune:tually
perform all duties with reference to the Works required by the Constitutiom
and statutes of the State of Arkansas, including making and collecting of"
reasonable and sufficient rates lawfully established for services rendered
by the Works, segregating the revenue of the Works and its application to
the respective funds herein created.
SECTION 21" The Cit;y will maintain the Works in good condition and
operate the ·same~,-inan efficient manner and at a reasonable cost., So Long;
as any of the bonds are outstanding, the City agrees to maintain fire,
lightening and tornado Lnsur-ance on the Works i..1'lan amount which normally
would 1re carried by a private company engaged in a similar type of busrness ,
~~ese insurance policies are to be taken with companies approved by th~
'1'rustee, are to carry a clause maklng them payable to the Trustee as its
interest may appear, are to be kept continuously in force, and are to be
plac-ed in the custody of the Trustee. In the event of loss, the proceeds;
of such insurance shall be applied solely towards the reconstruction, re-
placement, or repair of the Works.. In such event the City will, with
reasonable promptness, cause to be commencedand completed the reconstruction~
replacement, and repair" Nothing herein shall be construed as requiring the
City to expend any funds for premiums on its Lnsurance on the vlorks wl:iichare
derived from sources other than the operation of the Works, but nothing:
herein shall be construed as preventing the City from doing so e-
- SECTION 22. So long as any of the bonds are outstanding, the City will
not mortgage, pledge, or otherwise encumber the Works or any part thereof orr
an;y-r-evenues-therefrom, except as her-edriprovided, and will not sell, lease,
or otherwise dispose of any substantial portion of the same.
SECTION 23.. T'ne City w-i.-llkeep proper books of records and acrrourrtes
(separate from all other records and accounts) in which complete and correct
entries shall be made of any transactions relating to the Works.. 'rhe Cit;,w-
agrees to have an annual audit made by an independent certified publi~
accountant of all of the records and all of the accounts of the Works, CD
copy of this audit shall be furnished to the Trustee" In the event that the
City f ails or r-efusea to have such an audit made, the Trustee is authorized
to have such an audit made and to charge the cost thereof to the Operatiorn
Fund.
SECTION 25. 'lite City further covenants and agrees that if default is:
made in the payment of any bond or coupon, or if the City fails to meet any
s inkirig fund requirements, the holder of such bond may declare that bond
immediately due and payal:Jrl.e,and such bonds shall thereupon be immediately
due and payable and in" default, and either the Trustee on behalf of' all the
bondholders or any bondholder for himself may institute suit to enforce per-
formance by the City., The failure to exercise this option upon any default
will nbt be a waiver of the right to exercise such option upon a subsequent
default •..
SECTION:27.. The City shall send a written notice to any owner andJ/or
0
tenant of improved property that can be served by the sewer- system but is
not connect ed, to make such connection within two weeks from the date of said)
not.Lce, Any property owner failing or refusing to connect his improved
property with the sewer system after being notified to do so, and any tenant:
contimuing to occupy property unconnected with the sewer system after :being-
notified to make such connection, shall be guilty of a misdemeanor and upom
conviction shall be fined in any sum not .Less than two dollars and not e;!I[-
cree~ng ten dollars, and each day's failure or refusal after the ~~iration
of the time fixed in the notice to make the .connect.Lonshall be a separat ee
offense; provided, no one shall be required to build or lay a connection
service pine of more than two hundred feet in length in .or-der-to have sewer
ser-v.Loe , •
SECTION 2i" The City further covenants that the bonds issued hereunder
shall have the protection of the provisions of Section 19-4113, Ark.;'Stats ••
1947, which provides that the sevier rates, if not paid when due; shall con-
stituteo a lien upon the premises served by the Works, and upon the fee titl~
to the land and permanent improvements thereon, even though the occupant,
receiving the bnenfit of the ser.ric:e for '",hieh the charge is due has merely"
a leasehold interest or a lesser estate in the premises. If any service
rate as established by this ordinance shall not be paid within, thirty (30)
days after the same is due, the amount thereof, thgether ,"lith a penalty of
10% and a reasonable attorney's fee, may be recovered by the City in a sui~
filed in the Chancery Court of Baxter County in the name of the City, or im
the name of the individual bondholders, or the suit may be filed by thre
'1lrustee,,·for and on behalf of all of the bondholders.
~ SECTION ,33.. The City her-eby expressly r~serves the right to create;
a commission for the purpose of operating and managing said Works, and in
the event that it elects to create such a commission, then the control andt
mamagement of the Vforks shall be lodged in said commission from and after
its creation ••
SECTION 36. ]he mayor is hereby directed to publish for one insertion
in THE BAXTER BULLETIN, w}4.ch is hereby found and declared to be a news<-
paper published in and of general circulation in the City of Mountain HomEt.,
Arkansas, a certified ~py of this ordinance to wrach is attached a notice;
signe,d by him, in substantially the folio-wing form:
NOTICE
Notic.eeis hereby given that the City Council of the City of Mountain
Home, Arkansas, has adopted the ordinance hereinafter set out; that saidJ
City contemplates the issuance of the bonds described! in said or-d.inanee;
t-hat any person interested may appear before the Councd.I.on the 3' day off'
Octobe!, 1950, at 7:30 P.M. at the usual p~ace of me~ting in the City off.
Mounta~ Home, and be heard" At such hear-Ing all ob ject ions and suggest-Lone
will be heard and the said Co~~cil w~ll take such action as is deemed proper
in the premises.
Attest::~ __ -=-__ • _
City Recorder
-GlmnT~lJOE
...••..
iIly... 00
. 0 1.C4.
~Vu 1u'~4'led
/('c: r' b/V
OJ2d . /30
AN ORDINANCE HA.VING FOR ITS PlJRPOSE THE CREATION OF A CITY PLANNING
COMJ:{ISSIONFOR CREATING ZONING DISTRICTS IN THE CITY OF lfOUNTAIN HOlvtE..,
ARK.4.NSAS,
AND FOR OTHER PURPOSES.
SECTION 2. The ~ommission shall adopt rules and regulations fDr the conduct
of its- business, and shall hold regular meetings at such times as it may
deem best, and shall elect a chairman from among its members, and such other
officers as it may deem proper for the efficient functioning of the commission,
except that the City Recorder shall be Secretar.y, of the Commission, and th~
Commissioro shall be represented in any legal matter by the City Attorney.
At any meeting seven members shall constitute a quorum of such meeting, and
a majority of those present shall have the authority to act any bUsL'1ess
before it"
SECTION 3~ The commission shall have the authority-, and is hereby empowered
to do and perform the acts specifically set out and authorized in Se~iorri 19-2812
of Arkansas Statutes (1947) as amended, of the lal-{s>ofthe State of Ar-kansasi,
and in addition to said power-s sha Ll, have the auth?ri'ty to; adopt a plan
after holding a public hearing ~pereon, and after giving ten days notice
of the time and place of hearing by pUblication in a newspaper,published in
the City of Mountain Homes, which plan shall designate zones within the legal
boundaries of the City of Mount.a.InHome and prescribe the charaet.er-,~iight,
area, bulk, location and use of buildL'1gs and premises within the respectiv~
~onesG According to said plan the_ city may be divided into districts L~
such shape and area as may be deemed advisable, and ~Qthin which the erection,
construction, reconstFQction, alteration, repair or use of buildings, stru«t-
~res or prer.1ises-
may be regulated or restricted~
SECTION: 5. After the zoning 01an as above provided for shall have been
prepared and adopted by the planning commission and the city council, it
shall be unlawful for any person, firm or corporation to construct any
building or make any use of any premises' in the City of Mountain Home except
in accordance with said city plan; provided however, that said city plan
shall not effect the, use of any property or building which commen~ed before
the enactment of this ordinance.
H. L. Dalrypmle
Mayor
ATTEST: f i i f i..U, :~/
City Recorder}
Section 1. That this ordinance shall be known as the 'rlaterand Sewer System
Connection Ordinance.
Section 4. That galvw"1ized seFvice lines may be used prowided service ODn-
nection is made to a 14ain not laying in a public road, street, alley or
high-way•. Such galvanized services must be atta.ched to the Corporation Cock
and Main through a lead gooseneck of extra strong quality, bent in an !lsn
shape to a.LLow for expansion and contraction.
Section 5. That all service pipe must be laid no less than 18 inches below
established grades, of all streets, gutters, sidewalks and on ORNer's prem-
ises. An inverted ston cock attached to a meter voke shall be installed in
each meter box. ~e y~ke and stop cock shall be ~f nadger, Ford or equal
manufacture. No property owner, tenant, plumber, or any indiv~dual shall
use this s~op to turn water on or off to the prerrliseswithout permission
of the Water Department.
Section 6.. That all service pipes must be p rovi.ded with a sufficient number
of stop and waste cocks to insure complete drainage of all pipes when
water is cut off. All stop and waste cocks shall be M~eller, Hays, Crane or
equal and if placed b~neath the ground, a rod key shall extend above the
first floor in an easily accessible place so that water may be cut off to
prevent freezing, or for making plumbing repairs. A charge of $l .• QO
shall be. made by the Water Department for turning water on or off at the
request of any o~~er, resident or plumber on existing property not equipped
with a wor-kab.Iehouse stop and waste. The water s~ll, however, be turned
on and off for test purposes on new or repaired plumb:L"1g by the Water
Department, without charge to owner, resident or plumber.
Section 7. ]hat no person or persons shall tap a ,vater line and use water
from same wi.t hotrt written permission of the Water Department. Insertion of
"jumpers" or by-passes around meters are prohibited.
Section s. ~at applications for water shall be made at the office of the
Water Department by the owner- of the pr-enu.ses
, his authorized agent or the
tenant of the property. On Domestic Service a security deposit 9f $5.00
sr~ll be made by the owner or authorized agent or tenant, and a ~lO.OO
deposit shall be amde by COli!IlD.ercial
Consumers"
Section 9. That all bills for water and sewer service are due and payable
the 1st to 10th of each month. That the charge to be collected for water
furnished by the Water Department shall be at the rate fixed by Section l.J;.
of Ordinance 107, pas sed and enacted by the City Councd.L of the City oft"
MOuntain Home, Arkansas, Septanber 19, 1950 .•
Section 10. That customers shall not be allowed to furnish other persons
with water without a permit from the City Water Department; penalty f'orr
doing so sr~ll be discontinuance of their water service.
Section lie That all Customers should notifv the City Water Department iff
they move from one property to another or they shall be held: lia&le for any
water used or wasted on the premises, after their departure.
Section 12. That the owners of rental property shall be liabl~ for the water
used at scheduled rates by a for.mer tenant and w~ter will not b~
turned on to any tenant or business house lLnles8 property owner shall paY'
the service charges in person, dUe credit will be given, but should ~Bnant
fail or refuse to payor remove from such property after ServicElCharge is;
due, leaving same unpa.i.d
, the water shall be turned off Until such ar-r-ear-s,
are paid. Where a ~drant, faucet or service is used for two tene-
ment houses, the o~ner shall be liaQle for ail such use, and failune
to pay for anyone of such tenements, the water shall be cut not
turned on again until such charges and penalty hereinbefore prescribe~
shall be paid e
Section 13. That in the event of a water shor-tages, due to any cause, the
Water Department shall have the right to discontinue service to customers'
using water for irrigation purposes or any purpose considered not to b~ to'
the best interest of the General Publie ••
Section 14. That no person or persons shall take water from a Fire Hydrant
or spigot in any park or Public Place in said City, without written approval
of the Water Department and pa~Jment of the same, at the prescribed rate, for
any purpose other tpan water used for ext~~guishing fires ••
Sec'ti.on 15.. That no preperty owner, tenant, plumfi:eror others shall tap oz-
attempt to tap any sewer- without permission of the Mountain Hom~ Water and1
Sewer Department.. The tap must be made with a B1itrified Clay tapping saddle
approved by, or furnd shed , at cost, by the Water and Sewer Depar-tment, Vit-
rified clay tile or- better shall be used for service line from SevIer"line to"
property line.. The completed tap must be inspected by a representative of
the Water and Sewer Department before any backfill or trench is made e- -e
Section 18. That if any portion of this ordinance shall be held invalil!
by a court of competent jurisdiction, the remaining portion thereof shall
not be affected thereby.
Section 19.. That any person who shalf violate any of the terms of this
Ordinance shall upon conviction thereof be fined in any sum not to exceed
$25.00 provided that each days violation of any of the terms of this 0Ir-
dinance shall constitute a separate offense .•
-Attest:
SIGNED SIGNED IL L. Dalr;v!n~ _
City Clerk Mayo!!"
Published in the Baxter BUlletin April 19th, 1951.
ORDINANCE
NO. 110
HE IT OP.DAINED
BY THE COUNCILOF THE CITY OF MOUNTAIN
HOME,ARKANSAS
•.
SECTION 1
That the City of Mountain Home, and the City Council thereof by ordinance
or resolution, shall have the power to purchase, L~stall, maintaih, operate,
and control parking meters in the public streets, avenues, roads, alleys, public
ways, public parks, public parking lots, and public places within the City of
Mountain Home at such designated places as the City Council may deem necessary
and proper and as it may establish by resolution or ordL~ance; to ~d collect
reasonable rates, fees or charges for the use of parking places so designated
and equipped with parking meters by vehicles; to regulate the period of tL~e in
which such parking places with parking meters may be used by the public for
parking vehicles at such rates; to provide by ordinance.penal~iesfforctheYiol-
ation of parking meter regQlations pu~suant to the laws of the State of Arkansas,
particular~ Act 309 of the Acts of the General Assembly of the State of Arkansas
for the year 1939, and the Constitution of the State of Arkansas for the yeaF
.
1876 as amended"
SECTION'2
ATTEST:
Mayor
RESOLUTION
Section 1.. WHEREAS, the City Council of the City of Mountain Home, Ark&'1.sas,
has duly passed the following Ordinance on this regular statutory meetdrig held on
the 1st day of October, 1952:
ORDINMJCE NO e. 110
II' Ordinance for the purpose of authorizing the City, of Mountain Home, Arkansas,
and the City Council thereof, by Or-d.inanceor Resolution, to purchase, install, m
mai.1'1tain,operate, and control parking meters, i.1'1
the public streets,avenues,
roads, alleys, public ways, public parks, public parking lots, a.'1.d'publicplaces
within the city of l~untain Home, Arkansas, at such designated places as the Ctiy
Council may deem necessary and proper and extablish by resolution 9rordi.1'1anc~
to set and collect reasonable rates, fees or charges for the use of parking places
so designated and equipped l.rithparking meters; to regulate the period of t::i.mei.1'1
which such parking places 1t:ithparking meters may be naed by the public at such
rates; to provide penalties for the Violation of such parking regu~ations, and
for other purposes.
Section 1.. That, the City of }1ountai.'1. Hoffie,and the City Council thereOf by ordi-
nan-Ge or resolution, shall have the power to purchase, install, maintain, operate
and control parking meters in the public streets, avenues, roads, alleys, pub l.i.e
ways, public parks; public parking lots, and public places within the City of
!-fountainHome, at such designated places as the City Council may deem necessary
and proper and as it may establis~ by resolution or ordinances; to set and
collect reasonable rates, fees or charges for the use of parking places so desig-
nated and equipped with parking meters-by vehicles; to regulate the period o~
time in which such parking places with parking meters may be used by the pubLi.e for
par-king vehicles at such rates; to provide by ordinance penalties for the viola-
tion of parking meter r-egu Lat.Lons pursuant to the laws of the State of Arkansas"
particularly Act 309 of the Act of the General Assambly of the State of Arkansas
for the year 1939, and the Constitution of the State of Arkansas Jor the year
1874 as amended e
Section 2. All ordinances and parts of ordinances in conflict herewith are hereby
repealed and said ordinance shall be in full force and effect from and after its
passage,lIand~.
Section 2. WHEREAS, the City Council of the City of Mou.ntain Home, desires that
said Ordinance be referred to the people for approval or rejection at an election
to beheld in the City of Mou.ntain Home on the 4th day of Nbvember 1952; now, there-
fore
Section 4. At such election there shall be submitted to the electors the approVal
or rejection of Ordinance No" 110, with the ballots being prepared in the following
form:
It A..n
Or-d.inancefor the purpose of authorizing the City of Mou,,'1tainHome, and
the City City Council thereof, by Ordinance or Resolution, to purchase, install"
maintain, operate and control Parking Meters, in the public streets, avenues,
roads , alleys, public "-fays,public parks, public parking lots and public places
- within the City of Mountain Home, at such designated places as the City Counril
may deem necessary and proper and establish by resolution or ordinanc~S) to
set and collect reasonable rates, fees or charges for the use of parking places
so designated and equipped with parking meters; to regulatetl].e period of time Ln
which such parking places with parking meters may be used by the public at such
rat.es; to provide penalties for the violation of such parking regulations, and
for other prrpos es .•
FOR ORDINANCE NO. -..;;;=..;::...,..---
110.
AGAINST ORDINANCE NO._l:l~O~ _
WitnesSODur hands and seals this 1st day of October, 1952.
WHEREAS,The City is entitled to receive such just and reasonable t.axes from
the }.fountain Home Telephone Company which City may lawfully impose, and the Company
is entitled to receive reasonable payment for services received by City.
Section 2" Telephone serv~ce furnished the City shall be paid by the City
in accordance with the applicable rate schedules of the Telephone Company now on
file ~"1d/or as they may in the future be filed by the Telephone· Company and
approved by the Arkansas Public Service Commission. The Telephone Company shall
have the privilege of crediting any amount due City with any unpaad balance due
said Telephone Company for telephone service rendefed to said City. It is ex-
pressly agreed and understood between the City and the Telephone CompanJTif
any licenses, charges, fees, impositions or taxes ( other than automobile licens~
fees, special millage taxes, and the general ad valorem taxes~be charged, im-
posed, or levied by the City of 110untain Home in the future, then, in such event,
the obligations of the Telephone Company set forth in Section 1 hereof, to pay
the City the Sum of two per cent arillually of the gross telephone service revenu~
( excluding long distance and western union) shall immediately terminate.
Section 4. This Ordinance shall remain in effect for a term or two (2)
years and for successive periods of one (1) year each unless and~ntil cancelled
not more than six (6) months nor less than three (3) months prior to the e~
piration of the original term or any a:nniversary thereof"
Section 5. All other ordinances, agreements, and qna.rtsof ordinances and
and agreements in conflict with the provisions of this Ordinance are hereby
repealed .•
Section 6. Said Telephone Company shall have thirty (30) days from and
after it s passage and approval to file its wr-Lt.t
en acceptance of this Ordinance
with the City Clerk and upon said acceptance being filed, this Ordinance shall
be considered as taking effect and beLng in force from and after the 1st day of
January, 1953.
v-ladeLahar
Recorder Mayor
"I'i~S, The Arkansas Power and Light Company is now occuping the streets
and alleys of the City of }fountain Home for the purpose of operating, main-
taining, and extending its electric service to the City and the .inhab.Lt.ent.s
and
consumers residing in said City, and is sUpp~YJ.g to the City electric service
for street lighting purposes and other municipal uses, "and
~REAS, The City is entitled to receive such just and reasonable texes
from the Arkansas Power and Light Company "which said City may lawfully impose';
and the Company is entitled to receive reasonable payment for services received
by said City"
It is expressly agreed and w"'1derstoodby the City that said payment shall
constitute ~~d be considered as complete payment and discharge by the Power
Company of all license fees, charges, impositions or taxes ( other than automobile
license fees, special millage taxes, and the general ad valorem taxes) which are
now and might in the future be imposed by the City under authority conferred
upon the City by law.
Section 3. NothL.YJ.g
herein contained shall be construed as giving the Powerr
Comp~r any rights or pri~~leges L.YJ. addition to those already enjoyed or owned
by said Company, nor shall it affect any prior or existing rights of the Power Com-
pany to maintain and operate an e~ectric
-, ' distribution system withLi said Cityo
'/
Section 4. This Ordinance shall remain in effect for a term of two (2)
years ~ld for successive periods of one year each unless and until cancelled;
not more than six' (6) months nor less than three (3) months prior to the expiration
of the original term or any anniversary thereof.
Section 5. All other ordinances, agreements and parts of ord;nances and
agreements' in conflict with the provisions of this ordinance are hereby repealed.
Section 6. Said Pov-.rerCompany shall have thirty (30) days from and after
the pas saga and approval of this Ordinance to file its written acceptance of this
Ordinance with the City Clerk, and upon such acceptance being filed, this;
Ordinance shall be considered as taking effect and being in force after the
first day of January, 1953~
ATTEST:
City Recorder
SECTION- I. DEFI~TIONS. (a) The word llvehiclell shall mean any device in,
uponoor by shieh any person or property is or may be transported upon a high-
*~y or street, except a device wh.i.ch is operated upon tracts or rails.
(b) A Parking Meter Zone shall include ani! public street, or public parking
area herein designated, or hereinafter by ordinance designated, where parking
meters are to be installed, used and operated.
Cc) The word "per-son" shall include any individual, firm, co-partnership
or corporation.,
(d) The word "operat or-" shall include -every individual, who shall operat ee
a vehicle as the woner thereof, or as an agent, employee, or permittee of the
owner-s.
(e) A Pary,ing Meter Space shall be defined for the purpose of parallel and!
o~-angle parking as a space 18 to 24 geet, more or less, along the curb of a
street or public par~ing area.
excepting such loa "ng and unloading, ~~ theatre and t~{icab sp~ces, if any,
as may be des Lgnat ed bi r now' or ~fter by resolution of the ?ity Council"
/'
The City ~cil may from time to tim designate other par-king meter zones
upon the p~c streets and parking areas an or eliminate any of the above
design~ Parking }~ter Zones as in its opinio the traffic conditions require.
SECTION 3" Parking Meters are to operate in said Pa_:ing Meter Zones as follows:
EVERY DAY EXCEPT SUNDAY: From Eight (8) otclock A. M. to Six (6) o'clock
PC"Me, except ing further the follmring NJati9nal Holidays: of each year: Hay 30
Memorial bay); July 4, \ Independence Day); Thafl.ksgivi..1'lg
DC!-y:ana December
25 ( Christmas Day).
The ehicle shall be parked so that the front foremast part shall be
nearest vO the parking meter.
(a)o Cause, allow, permit or suffer any vehicle registered in the name of,
or operated by such person, to be parked overtime or beyond the period of legal
parking time established for any parking meter space as herein d~scribed;
(0) Deface, injure, tamper with, open or wilfully break, destroy, or impair
the usefullness of any parking meter installed under the provisiQn of this
ordinance;
(d) DeDosit in any parking meter any slug, device or metallic substitute
or any other substitute, and to use any coins other than c oins of the United
States"
(e) Cause, permit or allow any vehicle of a rated capacity greater than
one ton or of a wheelbase greater than 218, or an overall length of 240 inches,
to park, remain or be placed in any parking speae designated by proper markings
upon the curbing and pavement for diagonal parking and the diagonal parking
of ar~ such vehicle shall be prima facie proof that proper markings do existo
SECTION 7" It shall be the duty of the Police Officers of the City, acting
in accordance with the instructions issued by the Mayor and the City Coun<ci.l
to report;
(a) The number of each parking meter which indicates that the vehicle
occupying the parking spaee adjacent to such parkL"1g meter is or has been parked
in violation of any of the provisions of this Ordinance;
(c) The date and hour said officer detected such vehicle parking in
violating the provisions of this OrdL"1ance;
Each such Police Officer shall also attach to such vehicle a notice to
the o~neror operator thereof that such vehicle has been parked in violation
of the provisions of this Ordinance, and instructing such o~ner or operator to
report to the offiee of the City Collector of MciuntaL"1Home, Arkansas, in re-
gard to such viOlating. Each such owner or operator may ~-ithin 24 hours, of
the time when such notice was attached to such vehicle, pay to the said City
Collector at: the City Hall in Mountain Home, Arkansas, as a penalty for and in
full satisfaction of such violation the sum of fifty cents ( 50¢).. The failure
of such owner or operator to make such payment to the City Collector within
said 24 hours sr~ll render such o~ner or operator subject topena~ies therin
after pro-v.tdedfor violation of the provisions of this Ordinance. Said City
Collector shall keep strict accounts of all such receipts, and shall report and
remit such sums in the same manner as required by ordinances of said City
relating to other receipts of said officee
SECTION 9, An;/ person who shall violate any of the provisions of this Ordinance,
and any person who aids, abet a, or assists therein, shall upon conyiction
thereof be subject to a fine in any amount not exceeding one dollar for the
such offense or violation. Not to exceed five dollars for the second such
offense; and not to exceed ten and no/lOa dollars for each such offense in
excess of two such offenses or violations.
SECTION; 10 -'l'fieiJue Cent; (lH--, Fi\re cent (5¢), and the ten cent (lO~) coins re-
quired to ~e deposited in parking meters as herein.provided are her;by l:v~ed
and assessed as fees to provide the proper regulatlon and control.oL traIflc upon
the Dublic streets an~ avenues of said City, and also the cost of rental,
purchase, installation, supervision, protection, inspection, operation, main-
tenance and control and use of the parking meters described herein.
ATTEST: APPROVED
~=~~~=--------
-v.fade
Lahar
],fayor
SECTION 1. DEFINITIONS: (a) The wor-d "Vehicle" shall mean any device in, up-
on or by means of which any person or property is or may be transported
upon or L~ a street or highway.
(b) The words "Per-son" shall mean and include any indibidual" firnr,
partners tdp , or corporations
(a) Ue S" Highway Nb. 62, NE, between the point where said highway
enters the City of MOuhtain Home from the northeast and the point where saiffi
higm~y intersects College Street.
(&) m" s" Highway No. 62 ffiv.betweenthe point where said highway enters
the corporate limits of the City of Mountain Home from the southwest and the
point where said highway crosses Dodd Creek bri1ze.
(c) Arkansas State Highway lTo •• 5, het;ween~the point '"here s§,id high-
Hay enters the corporate limits of the City of Hountain Home from the south-
east and the point where said highwa;)Tintersects :Bryant Streett.
Cd) Arkansas State HigmNaY No. 5, ~~, between the point where said
hi.ghway enters the corporate limits of the City of Mountain Home from the north
west a~d the poL~t where said highway intersects Dyer Street.
SEC TIONi3" It shall be unlawful for any person to operate, or to cause OIr
permit to be operated any vehicle under his o~~ership or- control at a speed in
excess of thh-ty miles per hour :4"1. or upon any public high"ray or street
within the corporate limits of the City of Mountain Home, those areas described
in Section 2 above alone being excepted from the Application of this section.
SECTION 4. Any person who shall violate any of the provisions of thi~
Ordinance, and any person who aids, abets, or assists therein, shall upon
conviction there be subject to a fine :L1'1
any amount not to exceed, however,
the amount of twenty-five dollars.
SECTION 5. In any hearing of any court of compete~t jurisdiction of a
charge of violating this Ordinance, testimony that a vehicle bear-Ing a certain
license plate was found to be operated in violation of this Ordinance, andt
further testimony that the records of the Registrar of Motor Vehicles for the
State or City reflect said license plate was issued to the defendant, shall be
prima facie evidence that the vehicle was unlawfully operated, and was so
operated, or permitted to be operated by the defend~1'1t.
SECTION 6. It is ascertained and declared that the lack of traffic spee~
regulations in Mountain Home, Arkansas endanters the peace, health, safety,
and property of the inhabitants of said City. It is therefore declared that
an emergency exists; and that this Ordinance being necessary for the im-
medizte preservation of the public peace, health, safety, and welfare, shall be
in full force and effect from and after its pas sage,
SECTION 2. That commencdrig April Lst , 1953, each employee I'S Insurance
contribution shall be deducted from his salary check in accordance with
the terms and provisions of the said Social Security Aet&
Section 1 Ordinance Noc 113 of the City of Hountain Home, Arkansas, is hereby"
amended by providing that Sectiom 2 of said ordinance 113 shall-read as follows:
Section 2. 'Ithe following public streets in }1ountain Home, Ar-kansas are now
hereby designated as Parking Meter Zones:
East and vlest s ides of }fain Street between Fifth Street and Sixth Street; East
and West sides of Y~in Street one half block South of Seventh Street; North and
South sides of East Seventh Street one half block East of Baker Street an~
Public Square; '1!b.eeast side of Baker Street between Sixth Street and Seventh
Street; 'Ithe South side of Seventh Street between Main Street and Baker Street;
'Ithe West side of l~in Streeo~ between Seventh Street and Sixth Street; The
Worth side of Sixth Street between Yain Street and Baker Street; also that
parking area ~round and coextensive with the perimeter of the Court yard sur-s
z-ound.ingthe Baxter Counby Courthouse, said par-king area being on the inside
of the public square and separated from the Baxter County Cour-tyar-d by a.mJ.
octagonal concrete walk and retaining wall, on which concrete walk parking
meters shall be installed; the East and West sides of Baker Street between
Fifth Street and a pod rrt 100 feet North of Ninth street; the North side
of Sixth street between Baker Street and Church Street; and the South side of
Eighth Street between Baker Street and }fa:L'1street.
Excepting such Load.ing and unloading, bus.; theatre and taxi-cab spaces,
if any, as may be designated by or now or hereafter by resolution of the
City Couneii.L,
The parking of vehicles within the Parking }feter Zones shall be either'
parallel or diagonal as det.ermi.ned by the City Council and the chosen met.hodi
shall be designated by markings upon the curbing and the pavement .•.
The City Council may from ti.me to time designate other parking meter
ZonelSO upon the public streets and parking areas a.1rJ.d/oreliminate any of the
above designated Parking l~ter Zones as in its opi.1rJ.ionthe traf~ic conditions
-r-equar-e,
SECTION3. This Ordi.nance shall take effect Lmmediately upon its passage,
PASSED:Feb. 2, 1954
(seal)
ATTEST:CHAS.§CHARLAU APPROVED:Wade Lahar
City Recorder l1ayor
"
ORDINANCE
NO. 117
Whereas the United States of America has filed in the Office of the
Clerk and Recorder of Baxter County, Arkansas, a certifi~ plat comprising
the follo"d.-,-TJ.g
described lands:
said plat having. been filed on the-13th day of July, 1954 and appearing of
record in Baxter C01L~ty, Arkansas in plat book one at page eighty-nL~e,
said plat designating the !I Village SUb:_Division, Mourrta Iri-Home , Arkansas",
And whereas the said United States of America has offered to donate to the
publi~ the street reflected on said plat for the use and benefit of the publi~
subject to the cOflditions expressed in the proposal of donations~ and whereas
it is to the L.~terest and benefit of the City of l10untain Home, Arkansas and
the public at large that the donation proposal be accepted by the City off
Mountain Home, Arkansas subject to all the terms·and conditions thereof;
therefore be it ordained that the City of Mountain Home, Arkansas does hereby
accept the proposed donation subject to all the terms and conditions therein
expressed; and be it further ordained that the l~yor and City Recorder-of
the City of Mountain Home, Arkansas be, and they are, hereby authorized to
do all acts and execute all instruments necessar-y L.~ carry:i.:ng
out the terms of
the proposal"
ATTEST:
\"lADE LAHAR
Mayor
City R~corder
f \
DEFINITIONS -
A~ Words used in the present tense include the future;y,rords in the singu'Iar-
include the plural number, and wor-ds Ln the plural include the sihgular; the
word shall is mandatory and not directory.
P~SIDEA~TIAL DISTRICT
A"" Permitted Use..-
1. One family, two family, and multi-familJi' structures e
2.. Public schools, rolleges, churches and sunday school b~ldings:,
libraries .•.
3. Parks., playgrounds, or community centers owned and operated by
a goverP~ent agency.
4. Farming~ truck gardening, and nurseries or greenhouses provided
that no sales office is maintained on the premises.
5" Tourist courts, room; 11g and borading houses"
6. Hospitals, medical and dental clinics.
7. Accessory buildLl1gs.•
1[~. Area
1. Lot area minimum one family 6,000 sqaare feet"
- minimum: t"ro fan-Lily10.,000 square feet .•
- minimum multi-family 10,000 square feetr-for two units
2,000 for each additional unit"
2" Lot vvidth - mirrimim : one family 75 feet
- minimum t"JQ family 75 feet
- manamum : multi-family 100 feet
3.. Front yard - minimum: 30 feet .•
4. Rear yar-d - minimum: 25 feet .•
5. Side yard - minliimum: 10 feet.
6. Accessory buildings must be 5 feet from any lot line, except
rear lot line if it is on an alley .•
7. Coverage: places of public assembly shall not cover more than
50 per cent of the lot area"
RETXIL DISTRICT
A. Permitted Useso
1" All uses permitted in residential district
2" Any retail or professional service bus.iness ; restaurants, auto-
mobile service stations, garages, hotels, banks
buildings. Custom works which make articles for on
the premises and do not employ more than eight
~~ Height- maximum 2 stories and not .0
exceed 35 feet~
Do. Area •.
1" Residential structures, tourist courts and rooming houses shall
meet the requirements of the residential district"
Go Coverage ••
1. Places of public assembly shall not cover more than 50 per cent
of the lot area"
H. Residential and business uses shall not be permitted in the same
st ruct.ur-e
.•
COMMERCIAL DISTRICT
A" Permitted Uses
1. All uses jermi.t t ed in the Business District
20 Wholesale trades and business •.
3.. Storage and sale of bulk materials which are not hazar-dous be-
cause of danger of fire or eA~losion&
4. The Hanufacturing, compounding, pr-ocess ing, packaging, assembling,
stprage ~d sale of products which do not by reason of nois~,
fumes, dust, odors, vibration, danger of fire or eA~losion become
noxious or dangerous to the health, safety or general welfare
of the public •.
m Area
1" No struc:ture shall cover more than 66 2/3 per cent of the lot area"
Co Height
10 1lB.Ximum
Height: 2 stories and not to exceed 30 feet.
D. Off~treet Parking.
1.. Adequate on lot par~g must be provided for employees.
-! ZONIlMn
1lAl' DESIGNATIONS
e
A" As definite distances in feet are not shown on the Zoning }1ap,
the district boundaries on the Zoning Map are Lrrtended to be along
exf.stdrig street) alley, or property lines or extensions of or flrom
the same.. vVhenthe location of a distriGt line is not otherNise
det.ernrined , it shall be determined by the scale of the map measured
from a given line.
( AMENDMENTS
A. The City Council may from time to time amend by ordinance the
regulations or zoning map here-in established. Any proposed
amendment, to the regulations or zoning map shall first be sub-
~itted to the City Pla~Jling Comrrdssion for its recommendation
and report ••.
Eo Amendment-sto Regulations .•
1.. Proposed amendments to the regulations may be .initiated by
the City Councilor by ~he City Planning Ccmmi.ss i.on, Am~nd1-
ment,s initiated by the City CouncLLshall be referred to .t.he
City Planning Commission for its recommendation and report.
Failure of the City Planning Commission to report in 60 days:
shall be deemed as an approval
2" The recommendations of the City,Planlling Comrni.ssd.on are qnly
advisory and the City Council shall be at liberty to conf'Lrm,
modify, or reject them. c
BOARD OF ADJUSTl1ENT'
A Board of Adjustment is hereby-established to consist of four
members to be nominated by the Planning Commission and confirmed
by the City Counc.i.L, Two (2) members of the first Board shall be
appointed for one year and two (2) members for two years, and
thereafter all members shall be appcdrrted for terms of two (2)
years each. Vac8P.cies shall be filled for the unexpired term of
any member whose term becomes vacant, in the same manner as the
original appointments"
NEETINGS
A.. Meetings of the Board shall be held at such times and at such
place or places within the City of Mountairl HOme as the Board
may designate, but the Board shall meet at least once each s~
months and may meet at any time on call of the chairman .•
:83.. The B-oard shall keep minutes of its precedings which shall contain
as a minimum e
1. Tim~, date and place of meetirlg.•
2 .•Names of members present.
,3. Citation, by number and description, of appeal or application.
4.. Pertinent facts of the case .•
5. Persons appearing and their interest i..11.
the case.
6. Record of vote by names.
7. Authority for decision ( cite ordinance or stat~te ) and
reasons for conditions imposed.
The minutes of the meeting shall be filed in the office of the
Board and shall be public record.
J, APPEALS
A. The Board shall hear appeals from an administrative decision of the
enror-c.ingofficer concerning interpretation of the zoning or-ddnance
and shall decide whether such interpretation was L11.error or not.
VARIANCES
A. The Board of Adjustment may grant a variance from the regulations
of the zoning ordinance in the following instances on~:
1. To authorize a variance where, by reason of exceptional
narr~N.ness, shallowness, depth or shape of a specific ~iece
of property of record on the date of ~he passage of this
ordinance, or by reason of exceptional topographic or _
physiographic conditions or other extr~ordinary or ex-
ceptional situation or condition of a specific piece of
property, the strict application of any provision of this;
orainance would result L11.peculiar and exceptional practical
difficulties and particular hardship upon the owner or
such property and amount to a prsctical confiscation of such
property as distinguished from a mere inconvenience to such
owTIer, provided such relief can be granted -without substantial
detriment to the public good and without substantially llrr-
pairing the general purpose and intent of the comprehensive
plan as established by the regulations and provisions con-
tained in this ordinance.
2~ To interpret the provisions of this ordinance where the
street layout actually on the ground varies from the
street layout as shown on the map fL.~ing the several
districts"
ENFORCEMEN'Jr
1\.:.. The provisions of this Ordinance shall be admirri.st-er-ed by an
enforcement officer designated by the City Council. &~ilding
permits shall only be issued when the application has been approVie~
by the enforcement officer as meeting the requirements of this
Ordinance.
SPECI.A~ REGUU:;.TIONS
A" A1TNEXED AREA.. Territor,{ annexed to the City of Mountain Home after
adoption of this ordinance shall be governed by the following
temporary rules and regulations until permanent zoning can bepromul-
gated with due hearings afforded to property owners in the annexed
territory in order to protect and properly safeguard the v ar-rous.
neighborhood or localities with due respect to the public welfare.
10 That no buildLng permit be approved by the enforcement officer
for a use other than those permitted in Residential District
R-l. If an application is made to the enforcement officer
for any other use, he shall .accept the application and sabmit
it to the City Planning Commission for consideration and;
recoIT~endation to the City Council. The recommendation of thff
City Planning Commission is only adv"isory and the City Council
shall be at liberty to affirm it or allow such construction a$
the facts in the opL'1.ionof the City COQ~cril may justifJ.
2.. No existing bui.Ldtng within any territory newly annexed to
the City of Mount.adn Home not now lawfully used for business pur-
poses shall be altered, remodeled, or reconst7~cted for business
purposes without a permit from the City Council of Mount.a.inHomes,
The permit shall be obtained under the smaeprocedure set out
in this Article for a building permit",
CO}WLETION OF EXISTING BUILDINGS
A" Nothing herein contained shall require any change in the plans,
construction or designatedpse of a building actually under
construction at the time of the passage of this Ordinance, and
wlj.iahentire building shall be completed within two years from
the date of the passage of this Ord;nance. NbthL~g herein con-
tained shal~ require any change Ln plans, construction or des-
ignated use of a building for which a building permit has been
issued within 60 days prior to the adoption of this Ordinance
and wlri.ch entire building shall be completed within two years
from the date of the passage of this OrdLnance.
PENALTY FOR VIOLATION! ••
K" Any person or corporation who shall violate any of th~
provisions of this ordinance or fail to comply therewith
or 1rd.thany of the requirements thereof, or sho shall build
or alter &ny buildings in violation of any detailed state-
ment or plan submitted and approved hereunder shall be guilty
of a misdemeanor and shall be liable to a fine of not more':
than one hundred (100) dollars.
ATTEST
Wade Lahar
City Recorder Yayorr
be. The const.fmet.Lon and connection of any dr'ain or waste pipe carrying
domestd.e sewage from a'point within three to five feet outside of the
foundation walls of any building with the sewer service lateral or other
disposal terminal, including private domestic sBwage treatment and disposal
systems and the alteration of any such system, drain or wast e pipe, except
minor r-epa.iz-s to faucets, va Ives-, pipes, appliances and removing of st.oppages.•
c. The water service piping from a point within three to five feet
outside of the foundation walls of ~~y building to the water meter or other
water utility property or other terwinal and the connect Lng of domestic
hot w-ater storage tanks, water softeners, and water heaters with the
water supply system"
a" There is hereby created the position of PLumb.ing Inspector who shall
be appointed by the Mayor, subject to the confirmation of the City Cow1cil.
c. The P'Iumb.irig
Inspector shall have experience in the business of
plumbing to the extent that enables hLll to know when plumbing is installed
in accordance with the provisions of the Code. He shall not be connected
L~ any way with any person, firm or corporation directly or indirectly engaged
:Lnthe business of plumbing, or plumbing suppliese
e. ,It shall be the duty of the PIQmbL~g Inspector to inspect and test
all plumb:Lng work for compliance with the Code.
b. _!\lpplieabi9):1£orc'per:rnits'sha.ll
be!macle
by the Plumbing Inspector. The application by fees
in accordance with the followL~g schedule:
Fee
Plurnbing Roughing In Inspection ~-------------'$ 1.50
Each plumbing fixture and waste dischargL~g device -- .25
W:-ei<T
or reconstructed sevier connect.Ion.i--, ....
--,...---
$1.00
Each septic ta~~ ------~-----------~---~-~~;--- 2.50'
For f'Lna.L certificate of Irispect ion J.~OO
-~rl adclition.al fee of ~,5'') ~1-;,=-'_~_~ be charged each a
add'i.t Lons.L trj_p on t.he part of t.ne ~nspector~,
caused by degligerce of t.he PIumber-;
SECTION 90 rnis ordinance beh'1g for the regulation of plumbing and for
the-protection of the public the provisions hereof are declared to be
separable, and the i..nvalidit;)T
of any clause, sentence, paragraph or section
hereof shall not affect the validity of the rea~der of this ordi..nance.
--~his ordinance was dissolved by C~~ncery Court decree, Febe 16, 1955
(b) The Commission have full and complete charge of such buildingff
and grounds as 'are enumerated in Sub-Paragraph (a) above, i..ncludingthe
right to control and permit or refuse to permit such Public Gatherings or
other meetings or affairs as the COITillUssionersshall see fit and deem to
be to the best interest of the City .•
(c) The Commission shall have the exclusive right and power to make
purchases of all supplies, apparatus, and other property and things re-
quisite and necessary for the management and operation of said Parks and
Recreation Program, ;ncluding the construction of same and repairs an~
additions theretoo The Corrmissioners shall not have power or authority
to sell, mor-tgage , or encumber said Property unless ot.herwi.seauthorized
to doJ so byrtae:i69nstitution and/or: Statutes of the State of Arkansas e
ATTEST:
RESOLUTION
BE IT RESOLVED:
That vJhereas, the City Council of the City of }fountain Home, Arkansas,
has duly enacted Ordinance No.. 121 creating a Parks and Recreation Commission
fpr toe City of Mountain Home, Arkansas; and
Whereas, the Y.tayor has duly appointed the following citi:rens of Hountain
Homewho are qualified Electors of said municipality to serve as Commissioner4s;
one of whom he has also appointed to be the Chairman of said Commission, for
the terms set out beside their names as follows:
Lloyd Fisk, who shall serve as: Chairman, of said Cormd.ss Lon and shall
serve for a term of 5 yearse
ATTEST:
ORDINANCE
NO. 122
SECTION 2. From and after the effective date of this ordinance and after
the purchase of equipment and facilities for which appropriation is wBde herein,
the entire water supply of the City of M..ouIltain
Home shall be treated with flourm
compounds of such chemical composition, and L'1.such amounts as shall be approved'
or recommended by the Arkansas State Board of Health, for use in public water
supplies .•
ATTEST
Naomi Hbdenhamer
City R~co'r'd~r"<.~---
SECTION 1.. POLICLA-ND PURPOS~...!_ (a) Because of the exi.stIng and Lncr-eas.Ing
possibility of the occurance of disasters of unprecendented size and de-
structiveness resulting from en~ attack, sabotage, or other hostile action,
or from fire, flood, earthquake, or other natural cuases, and in order to insure
that preparations of this City will be adequate to deal with such disasters, an~
generally to pro\~de for the common defense and to protect the public peace,
health, and safety, and to preserve the lives and property of 'the people o~
this City, it is hereby fOllr.dand declared to be necessary; (1) to create a
City Civil Defense Agency. (2) to provide for the renderiIlg of.mutual aid to
other cities~witrdn the State of Arkansas, and those adjoining states, and to
cooperate with the State Government ~nth respect to carr.ying out 6ivil
Defense functions e-
(a) It is further declared to be the purpose of this ordL~ance, and the
policy of this City, that all Civil Defense functions of this City b~
«oordinated to the maximurrlextent ~~th the comparable f1L~ctions of the State
Governrrlentincluding its various departments and agencies, of other cities
and localities, and of private agencies of every type, to the end that the
most effective preparation and use may be made of this City's manpower, re-
sources and facilities for dealing lifithany disaster that may occuro
SECTION 40 DIRECTOR OF CIVIL DEFENSE The Mayor, with the consent of the City
Coun~l, is hereby authorized to appoL11t a Director of Civil Defense, who shall
perform such duties as are imposed upon him by this ordinance, and as are
delegated to him by the ¥layor when not contrary to other ordinances of this:
City"
SECTION 5" DUTY OF DIRECTOR" The Director shall coordinate the activities
of all organizations for Civil Defense within this city and shall maintain
liaison with and cooperate with the Civil Defense agencies and organizations
within the state and with the State Goverrlil'Ilento
SECTION 70 DUTIES. (a) In performing his duties under this ordinance, th~
I~yor, or the Director of Civil Defense ",hen such authority is delegated to
him by the 11ayor, is authorized to cooperate with the State Governi'Tlent,with
other cities and counties, and with provate agencies in all matters pertaining
to the Civil Defense of this City and State.
(0) In performing his duties under this ordinance, and to effect its policy
·and purpose, the ¥gyor is further a~1horized and empowered:
(1) To make, amend, and recind the necessary orders, rules, anm
regulations to carry out the provisions of this ordinance within the
limits of the authority conferred upon him herein, with due consider-
ation of the plans of the, State Governmente-
(2) To prepare a comprehensive plan and program for the Civil Der
fense of this cit;)T, such plan and program to be Lnt egr-at.edLnt,o and
coor-dinat.ed with the Civil Defense plans of the State Government, and'
of other cities and counties with;n the State to the fullest extentt.•
(3) In accor-danceswith such plan and program for the Civil Defense
of this city, to institute t.radrringprograms and public information
programs, and to take all other preparatory steps including the partial
or full moBilization of the ~i;ril Defense organization, in advance of
actual disaster, to insure the f'urnd.srringof adequately trained arrlill.
equipped forces of Civil Defense personnel in time of need,..,
(4) To make such studies and surveys of the L~dustries; resources;
and facilities in this city as may be necessary to ascertain the
capabilities of the city for Ci\~l Defense, and to plan for the most
efficient emergency use thereof.
(7) To cooperate with the Governor and the Arkansas Office of Civil
Defense and other appropriate State offices and agencies, and with
the Officials ~nd agencies of other cities and counties within the
State, pertaining to the Civil Defense of the State, includL~g the
direction or control of (a) blackouts and practi~ blackouts, air-
raid~ drills, mebilization of Civil Defense forces, and other tests
and exercises; (5) warnings and signals for drills or attacks~ and
the mechanical devic·es to be used :L.'1.
connection therewith; (C) the
ef'f'ect.Lvescr-eening or extinguishing of all Li.ghts: and lightL"'1g
devices and appliances; (d) shutt:L.'1.goff water mains, gas mains,
electric power connections ~~d the suspension of all other utility
service; (e) the condu~t of civilians, and the movement and cessation
of movement of pedestrians and vehicular traffic during, prior and
subsequent to drills or attack; (f) public meetings or gatherings; and
(g) the evacuation and reception of the civilian populatioE.
(a) The Director of the organization for Civil Defense may, in colla.
oration w"ith other puhLi,e; and private agencies within this st.ate, develop
or cause to be developed mutual aid arrangements for reciprocal Civil .
Defense aid and assistance in case of disaster too great to be dealt vrith
unassisted. Such arrangements shall be consistent with the State. Civil
Defense plan and program, and in time of emergency it shall be the duty off'
each local organization for Civil Defense to render assistance in accord-
ance w"ith the provisions of such mutual aid arrangements.
(b) The Director of the org~"'1ization for Ci'~-1 Defense may, subject to the
approval of the Governor, ent.errdrrt.o
:mutual aid arrangements with Civil
Defense agencies or organizations in other states for reciprocal Civil D
Defense aid and assistance L"'1'
case of daiaster too great to be dealt with
unassisted"
(a) WhBBever the State Government or any agency or officer thereof shall
offer to this city, services, e~uipment, supplies, materials, or fun.ds by
way of gifts, grant or loan, for purposes of Civil Defense, the city, acting
through the l~yor may authorize any officer of the city to receiv~
such services, equipment, supplies, materials, or funds, on behalf of this
city, and subject to the terms of the offer and the rules and regulations,
if any, of the agency making the offere
(b) ~fnenever any person, firm, or corporation shall offer to this city
services, equipment, supplies, materials, or funds by way of gifts, gra"'1t
or loan, for purposes of Civil Defense, the city, acting through the l1iyor may
authorize any officer of the city to receive such services, equipment
supplies, materials, or funds on behalf of the city, and subject to the
terms of the offer.
SECTION 13. This ordinance shall not pe deemed to repeal any existing
ordinances on this subject, but shall be cumulative thereto.
SECTION 15.. ENFORCEMENT. It shall be the duty of the organization for Civil
Defense established pursuant to this ordinance, and of the officers thereof,
to execute and enforce such orders, rul~s, and regulations, as may be made
by the !~yor under authority of this ordinance. Such organization! shall have
available for inspection at its office all orders, rules, and regulation~
made by the Vayor, or under his authority.
SECTION 16. This ordinance shall become effective immediately upon its
passage and approval by the !v1ayorof the City of }iountain Homeo.
PASSED
Naomi Bodenhamer
Recorder
SECTION 10 That all building permits issued by the City of Mountain Home:,
Arkansas more t han sixty (60) days prior to the passage of this Ordinance
and under which buildLng perrr&ts no construction has been commenced by the
holder thereof, are hereby revoked and made hUli and void.
vfade Lahar
1-'IAYOR
ATTEST
Naomi Bodenhamer
Recorder
WH:EREAS, the City of MountaLn Home, Arkansas, does not have a municipal
sW~Lg pool, but it is the judgment of the members of the City Council
that a municipal sw~g pool would promote the health and pleasure of the
iiJ.habitantsof the City, and by affording an opportunity for safe swimming
would protect the lives of the boys and girls of the City; and
v~~S, the City does not have the money to build such a pool,
the estimated cost of which is $60.000. but it can secure the funds by issuing
bonds under the authority of Amendment fJo• 13 to the Constitution of th<!!S
State of Arkansas; now, therfore,
BALLOT
~pecial Election
City of Mountain Home, Ar-kansaa
July 12th, 1955-
--,-,--- -
Vote by placing an 1IX" .in the square above the measure either
, ._-----
for 9F~.,gainst _~ _~ ..~ ~ ~
For the issue of bonds in the amount of $60,000 c e e 0 e e ...
Against the issue of bonds in the amount of $60,000 • • 0
SECTION 3. Said election shall be ehld and conducted and the vote
thereof canvassed and the result declared under the law and in the manner
now provided for municipal elections, so far as the same may be applicable,
and the Mayor oaf the City of Mountain Home is hereby authorized and directed
to give notice of such election by an advertisement published weekly, once
a week, for four times in THE BAXTER EI.iT,I,ETIN,
a newspaper published in the
City of Mountain Home and having a bonafide circulation in said City, the
last publication to be not less than ten days prior to the date of said
election, and only qualified boters of the City of Mountain Home shall have
the right to vote at said election.
~ - ~ ~
I~ the undersigned, City Recorder of Mountain Home, Arkansas,
~ere~y,certify, the,f9regoing to be a true copy of an ordinance passed
by the City Council at a regular meet ing , duly called and constituted,
at which more th~~ two-thirds of the members-elect of the Council were p
present and voted for the ordinance"
CERTIFIED under my hand and the seal of said City, this 7th
day of June, 1955.
NAma BODEN~~_~". _. _
(SEAL) CITY RECORDER
WHEP~S, due notice of the election was given as requ~red by law and said
election was duly held on July 12, 1955, at which election 329 votes were cast
for the issue of bonds and 96 votes were cast against the issue of bonds; and
BE IT ORD..A.II\TED
by the City Council of the City of MountaL.~ Home,
Arkansas!
SECTION 20 That the ~~vor and Citv Recorder and herebv authorized &nd
directed to execute the Park ImprovementUBonds of this City;U dated Jm1e 1,
1955, and maturing on December 1 of each year as follows~
1958 1 $1000
1959 2 1000
1960 J 1000
1961 4 1000
1962' 5 1000
1963 6 1000
196# 7 ,1000
1965 8 1000-
1966 9 $ 1000
1967 10 1000
1968 11 1000
1969 12 1600
1970 13 1000
1971 14 1000
1972 15 1000
1973 16 '1000
1974 17 and 18 1500
1975 19 and 20 1500
1976 21 and 22 1500
1977 23 and 2# 1500
1978 25 and 26 1500
1979 27 and 28 1500
1980 29 and 30 1500
1981 31 and 32 1500
1982 33 and 34c 1500
1983 35 and 36 1500
1984 37 and 38~ 150.9-_
1985; 39 and 40 1500
1986 41 and 42 2000
1987 43 and 44 2000
1988 45 to 75, incl .• 31,000
'Ehe bonds shall of $1000 eaeh, except ~OS3 ••
be in the denomination
18, 20, 22, 24, 26, 28, 30, 32, 34, 36, 38, and 40, which shall be in
the denowination of $500 each. The bonds shall bear interest paya~le
serni-armually at the rate of 2 1/2% per annum, and shall bee ca.l.Labil,eas
hereinafter set out •.
SECTION3.. Said Rands shall be .in subst.arrt i.a.Ll.y the follow'ing form:
UNITEDSTATESOF .AJ-1ERICA
STATEOF ARKANSAS
CITY OF MOUNTAINHOl1E
COlJNTYOF BAXTER
KNOW
ALLlvlENBY THESEPRESENTS:
DOLLARS
-------------
in la-wful money of the United States of Amer-Lca , on the first day of
December, 19 , with ;nterest thereon from t~e first day of June, 1955,
at the rate of two and one-half per centum (2i;%) per annum until paid,
interest payable semi-annually on the first day of dune and Decerr~er
of each year, cow~encing December 1, 1955, on presentation and surrender
of the annexed coupons as they severally mature" Bbth the principal andi
interest of this bond are hereby made payable at the office of the Union
National Bank of Little Rock, Arkansas G<
For the prompt paJ~ent of this bond issue and the interest thereon,
the said City of Mountain Home hereby pledges its full faith, credit, and
taxing power, including the five mill special tax authorized by sairo
Amendment No. 13 Q
The City has agreed that out of the revenue derived from the special
tax whi.ch it has bevied and which is authorized by Amendment No. 15 to the
Constitutio~ of the State of Arkansas, it ~ll first set up a reserve of
$500, and that any surplus after the reserve has been set up must be used
to call the .bonds of this issue for payment prior to mat.ur-Lty., All of'
the bonds of this issue are callable ·for payment prior to maturity Ln
inverse numerical order at par and acc~Jed interest, as follows: From
surplu~ revenues derived from the special tax levied for their payment or
from proceeds of the bond sale remaining when constructron has been completed,
on a~~ interest paying date; from funds from any source, on any Lnterest
paying date on and after December 1, ~960$ In the event the City ~all
call bonds for payment prior to maturity, it shall pUblish notice of such
emll once a week for two weeks in some newspaper of general circulation
throughout the State of "Arkansas, the first publication to be not less
than fifteen days pri-or to the date fixed for redemption, and the notice
.shall give the number and maturity of each .bond being ca Ll.ed , ,All.BondS"
so called shall cease to bear interest after the date fixed for their
r-edemptd.om, provided the funds for their payment are on deposit with the
paying agent ~t the t ime,
AT-TEST:
City Recorder
COUPON:
No. $_--
June
On the first day ~f December, 19 , Q~less the bond to which
this coupon is attached is paid prior thereto, the City of Mountain
Home, Arkansas, promises to pay. to bearer DOLLARS in
lal{ful money of the United States of America, at the office of the
Union National. Bank of Little Rock, Arkansas, being six months W
interest then due on its park improvement bond dated June 1, 1955,
and number-ed .
BY
------,,------------
:M"..ayor
( All coupons shall be for six months r Lrrt er-est , The signature
of the Mayor on the coupons may be lithographed or engraved .•)
Each bond sha Ll.r be authenticated b;)r the Trustee, as f'o lLows e
TRUSTEE'S CEHTIFICATE
Authorized Signature
Little~Rock, Arkansas
SECTION 5. In order to pay the said bonds .at, t.hey mature, \vith
interest thereon, there is hereby levied upon all taxable real and
personal property ,'fithinthe City of l10untain Home, Arkansas, a ta:zr
of five mills on each dollar of assessed valuation, beg.inrring with
the taxes -collected in the year 1956 and continuing a~'1ually as
long thereafter as may be necessary in order to pay the bonds and interest
authorized By this ordi:aance, oeing a sum sufficient to"meet saiili
bonds and L'1terest as they mature with five percentum added for unfore-
seen contingencies; and the City Recorder is directed to transmit a copy of
this ordL'1ance to the County Clerk of Baxter County, Arkansas, to th~
end' that said tax may be extended on the tax books of said county andi
~collected a~'1ually along ~dth the other taxes until the said bonds and
L'1terest thereon are paid in full. The City agrees that all of the revenues
from the tax levied for these bonds shall be put L'1a separate fund known I
as If Bend and Interest Fundi" and shall be used solely for t.he, payment
of the bonds and interest of this issue, as set out in this ordinance"
Any surplus from year to year shall be kept and accumulated until the City
has on hand a surplus of $500 over and above the current principal and h'1-
terest requirements of this issueo Any revenues over and above this $500
surplus must be used to c~ the bonds of this issue for payment prior
to maturity in inverse numerical order, except that the City will not
be required to call bonds for partial payment.
,_ ••..•. 7"'<--
1983 1,500,,00 493 •.
75 4~;;$()~' .50
1984 1,500.00 475,,00 475000 00
1985 1,500.00 456.25
' •••
4)O.<~J
/ r'I,-
,2,,;jl1?,50
1986 2,000,,00 437.50 437.50 2,675000
1987 2,000,,00 412.50 412.50 2;,8'25000
1 '"'KK
~'1~~ 31,000,,00 387,,50 387,50 31,775,,00
v
SECTION 70 The Tr-easur-er- of t118 Cit:r of 1~olJ.Y1tairl HOme is- hereby
ordered and directed to remit to the paying agent, not later than five
in the pa~nent of any interest coupon, the holder of the bond to which
it is attached may declare the same immediately due and payable, and
the failure of the holder to exercise tl-'d.s
option upon any default shall
not be a waiver of his right to exercise the option upon any subsequen~
de.fau.Lt ;
Attest!
Naomi Bodenhamer
Cit;r Recorder
CERTIFICATE
CERTIFIED under my hand and the seal of said City, this 17th
day of August, 1955.
Naomi Bodenhamer
(Seal) City R~corder
Re.pelOi
BE IT-ORDAINEP BY
liSECTION 1., The 'I'e'Lephone Company shall pay to t City each yearr
co~~encing with th effective date of this ordinance payable quarterly in
advance, an amount e •.al to two per=cerrtum (2%) of the preceding calendar
year's gross twlwphone .l: evenue, excluding long Lst.ance service revenue
and 1tiesternUnion revenue, as paid to the Tel phone Company for teler,hone
service supplied by the Com ny by the use~ facilities located within
the corporate limits of Hounta' n Home Arkansi:1s" Long distance and vJestern
re'Ven~es-are-.t;hQse-:Jr~venu. .ed::£r0I!ius,~.,O:lD f'acilities o1l,'at.side
corpo~at~ i:L~its of
th~'C:tty 0 .o~ntai11 Home, :o~med by' persons ~'o;'-
corporations, other t.han the Mount :L.~ r me Telephone Company, and for wh Lch use
+,
ren t or or.ner- compensa t'"aon lS Jl l d' oy.1·1\ .nt.aan
". .•~'TIemr e1epnone
H h ,..,
company,
~a~.lent sha.l.L be made by t~0elephone ComRan:r to the City in equal quarterly
lns~allmentse ~~
'"~
disch~~~~ i?y;Y~i'i~-tTgl-
l!hOlsrgne~Jl~H~; d
8f aff :t£eg;Ig~--@e~; 8RKP~~~;ffi:;pt}~s1j8R~~
or taxes ( other t:an motor vehicle license fees, sp cial millage taxes, and
general ad valA.eID.taxes) which are now and might in t' -.futUre be imposed
by the City· der aut hor-Lt.y conferr-ed upon the City by la- II
AN OHDINANCECLASSIFYINGANDDEFININGTRADES,BUSINESSES, PHOFESSIONS,
VOCATIONSANDCAlLINGS, ANDFIXING THEAMOUNT OF LICENSEANYPERSON,FIRM,
OR CORPORATIONSHALLPAYFOH THE PHIVILEGEOF ENGAGING IN, CARRYING
ON, OR
- FOlLO!rHNG
ANYSUCHTRADE,BUSINESS, PROFESSION,VOCATION,OR CALLINGvJITHIN
THE CORPORATELIMITS·OF THE CITY OF MOUNTAIN
HOME,BAXTERCOUNTY,ARKANSAS,
ANDPROVIDINGTHEMANNER ANDMEANSOF COLLECTING SAID LICENSEANDPRESCHIBING
PENALTIESFOR VIOLATIONOF THIS OHDINA..~CEo
Abstractors $20,,00
Upholstery Shop $20 ••00
Lunch Counter $20,,00
Feed Stores $20 .•00
Service Stations $20,,00
Contractors $20~OO .-/
Plumbers $20000
Electricians $20~00
Root Beer and Ice Cream Stands $20 .•00
Barber Shops $20',,00
Courts with less than six. units $20 .•00
Manufacturing or processing Pliant
employing up to and inc~uding 5 people $20aCO
-,
Gift Shop _ $20 •.
00
Photo Studios $20,,00
Cab Company $20 •.
00
Paint Stores $20~00
Florist $20,,00
Ant-iques $20 •.
00
Ice, and Locker Plants $20.00
Laundries $20 .•
00
Rad;io Repair $20~OO
Recapping Plant $20 .•
00
Junk Dealers $20 .•
00
Monument Works $20.00
Cabinet :V~kers $20,,00
Outboard Motor Repairs $20 .•
00
Comnetic Sales $20,,00
Accountants $20 .•
00
Land and Gravel Haulers $20 ••
00
Credit Bureaus $20,,00
-::~-o"ooAnnR§!.l_Fee
Manufacturing or processing plants
employing 6 to 10 persons $40 •.
00
Wholesalers $40 e ?0 -
Tourist courts having from 6 to 12 units $40"OO~
Sport stores
. ,
~- chiropractors) o
$60,,00 Annual Fee
Hospitals $60,,00
.-'.---- .-.~
Ha.rdware,))not
--.-" ..• --~-- ~ .-
~.----
including building material
..
..- .. -
$60,,00
Theatre& $80 e 00
either for the period and at the price set out above in this Section on
of the Peace Cour-t,of said City, shall be £$ned in any sum not less than
$1 •.
00 nor more than $50 00,
0 and each and every day of such violation shall
SECTION FOUR: That when the building, shed or vehicle in which a person,
SECTION SEVEN!": ]If any section of this ordinance should be held by the
Courts to be unconstitutional that ruling shall in no wise impair the
validity of the remaining parts of this Ordinance.
SECTIONEIGHT: AQ1 ordinances or parts of ordinances in conflict here-
with and particularly Qrdinances No. 76 and rro ..~ are hereby repealellf,.
Signed: Y.ta.yor
Wade Lahar
ORDINAt-LCE
NO.~12g.
Whereas, a Petition was duly filed with the City Council of the
City of MountCEinHome, Arkansas on the n2d day of October, 1956, asking
the City Council to vacate and abandon a certain street 40 feet in width
lying adjacent to the North side of Lots 17, 18 and 19 ih College Height
Addition and adjacent on the South to Lots Numbered 20, 2l and 22 and a~
to abandon an alley shown on said plat of said addition, which alley is:;
25 feet in width separating the E~ of Lot 15 in said addition from LGltt
17 in said addition' whereas after due notices as required by law, the
Council has at the time and place mentioned in the notice, heard all per-sons-
desiring to be heard on the question and has ascertained that the street
and the alley herein before described has heretofore been dedicated to the
publi~use as a street, but has nGlt been actually used by the publi~
generally for a period of at least five years subsequent to the; filing
Glfthe patat, and that said street and said alley have never been used
~ the publi~; that all the owners of the property abutting on the portion.
of the street and alley to be vacated have filed with the Couned.Ltheir'
written consent to such abandonment; and that public' interest and welfare
will not be adversely affected by the abandonment of such street and a11e,;;
SECTIONONE
!he City of Mountain Home, Arkansas, hereby releases, vacates andi
abandons all its rights" together with the rights of the public generally"
in and to that portion of the street sh~wn on a plat of College Heights
Addition, recorded February 27, 1955, which portion of the street lies
adjacent to the North side of Lots 17, IS and 19 in said addrtion ana
adjacent on the South of Lots numbered 20, 21, 22, and also an alley
25 feet in width shown on said plat separating the E~ of Lot 15 in said
addition from Lot 17 in said addition.
SECTIONTIlO
SECTmrm
THREE
This Ordinance s~ll take effect and be in force from and after its
passage .•
Naomi Bodenhamen
Rocorder Hayor
'.
Section One:
Secti
Mar,iorie L. Harn.ed
Pte corder
ORDINANCE NO. 130
O"RDIN TO
1. Section of • 127 is
any person, or
VC"J~""~v3es or Drofessions herein~fter nj~led, t.h e
Home, rkansasJ cn the 1st of Janu&~y of or-ocu re
ColLeetor of sad d fer 5CM.cl: such tr,3.Q,c, or-o-
in, an OCCu~ation license, o f OI1e
Oil sadd 1 st. of
iTo. of ct.i071 is
8.S fOJ',l O';NS~
or cor-nora
'0rnCtlT"e for ..each t l'2r:e,
helollw ";,.."" V>"'''~
...L....;..), cor-por-a t i on , r0
of L:
:3
\l ._.J;,.
.J.....~'-'
of such s
and dut.Les conferred
unon ano conferred
assed trD. S ra of
TT.~ST!
'1"
('T'T'\'~ ,~T,'
Cll~DI 1'Ji\NC S lTC _1..;... ..•.. ' v.;,.
of j ect i on .2 of the
r:ict a s
or
to read
S ec cio:n. is amended
tiOl1. 5 Of"" t.her-e of , entitled He
or continuous
of less ar-ea than re-
of the resid~ntial use wh."1.cbthe lot is located
nrovided other req trl r-ement.s a re [ret &
bfT1l"f'f7'C;-T
• ; 1.'-J. ,-,..,..
!)
~
.HJ1\II CIF .e~T.JC G{JR T
~! __ (1"D
SP'jction at least
two years resident of
of the Cit,Y , , iilDd be
standing, have practiced law at least six
as his services t he sum of
p ervyea r-, one-half to be
t be the
sh%i.ll be J
%i.nd is fixed the
its
ANORDINANCE ANNEXING
TERRITORY
TO SEWERIMPROVEMENT
DISTRICT
NO. 1 OF THECITYOFMOUNTAIN
HOME,AlK ANSAS
NOW,THEREFORE, BE IT ORDAINED
by the City Council of the City of
Mountain Home, Arkansas:
for the purpose of constructing sanitary sewers therein, in such manner and with
such materials as the Commissioners for the said improvement district shall deem
to the best interest of said district, and that the cost thereof be assessed and
charged upon the rellproperty above described.
Al'J ORDINPJ~CE PROVIDING FOR THE PAYlfJ.ENT OF FINES, PEN1\.LTIES AND COST BY WORK
./
ORDIN.!llVCE
NO. 136
VACATING
ALLEYSANDSTREET
WP~REAS,after due notices as required by law, the Council has, at. the
time and place mentioned in the notices, heard all persons desiring to be heard
on the question and has ascertained that the aforesaid alleys and Street h(\1;.1(:e
heretofore been dedicated to the public use as a street and alleys but never
been opened up and used as aLl.eys or street although more t.han thirty years
has passed since the plat was filed; that all the owners of the property
abutting on the portion of the said al.l.eys and street to be vacated have
filed with the COUJ.'1.ciltheir ritten consent to such abandonment ; and that
public L.'1terest and welfare w'ill not be adversely affected by the abandonment
of said street and al.Leys ,
THEREFORE,
BE IT ORDAINED
BY THE CITY COUNCIL
OF MOUNTAIN
HOME,
AR.WIISAS:
All that po rta on of a 19-foQt alley s eparatdng Lots 32 to 34, LncIus i ve,
from Lots 41 to Lf.3, i.."1clusive ; all that portion of a 40-foot street separat.ang
Lots 32 to 34, inclusive, from Lots 29 to 31, inclusive and all that portion of a 19
foot alley separating Lots 29 to 31, inclusive, from Lots 20 to 22, inclusive,
in College Heights Addition to the 'I'own of Mountain Home, Arkansas .•
SECTION3 •. And this Ordinance being necessary for the im.rrrediate pr-eser-vat.Lo.
of the public peace, health and safety, an emergency is hereby declared to
exist and this Ordina."1ce shall be in f all force and effect immediately after its
passage.
SECTION1.. owners of real e state within the City Mountain Home, Arka.'1sas
shell keep Sal. r-ea Lest.at.e , and the area lying betwee the boundaries of said
real estate and t inside of the ditch line or cur line of any abutting streets,
clear of any excessr e growth of weeds and shall move therefrom. all garbage,
rubbish and other unsf tly and unsanitary artic e s, _
Wn u/ld. ~.a2.~
aEC'fION 2. The C1ty Marsha: shall give wri en notice to any owner of lands who
shall fail to comply with Sec . on 1 af'ores rd , to cut weeds or remove any garbage,
rubbish or other unsightly or u anitary icles within 20 days from the giving
of such notice. If such owner "is ot a esident of the City of Mountain Home,
Arkansas, such notice shall be mail y regi stered mail to the last known address
of sue a owner and a copy thereof sha be posted in some conspicuous place on the
premises ••
SECTION3. If any owner shall ail or refu e to cut weeds or remove garbage,
rubbish or other unsightly or nsanitary arti es f rom his property within twenty
days from the giving of the otice aforesaid, t e City Marshall is hereby author-
ized, ordered and directe to have any wee:'s, ga age, rubbish or other unsightly
or unsanitary articles r moved from the premises 0 such owner, and such owner
shall be charged with e cost thereof -' plus a penal in the amount of Five
Dollars; and the Cit of Mountain Home is hereby given lien against such
property for such c sts and penalty. ~
SECTION4. Any wner owning a tract of land in excess of fi acres within the
City of Mounta' n Home shall be deemed to be complying with thi Ordinance if·
he shall kee said lands clear if all rubbish, garbage and othe'~ unsightly and
unsanitary rticles and shall keep excessive weed growth out frohaid lands
up to a stance of one hundred feet from all boundaries within the City ••
lsi ·PeteShiras
Mayor
Attest:
~K,~
\J (- \- L
\J)
ORDINANCE
NO. 138
ANORDINANCE
PROVIDINGFORTHEREMOVING
ANDRAZING
OFCERTAIN
BUILDINGS
ANDHaJSESIN THECITYOFMOUNTAIN
HOME,ARKANSAS
SECTION 2" Whenthe Council shall have ordered the removing or razing of
any building or house as provided in Section 1 hereof, the City MarshalL shall
serve a certified copy of such order or resolution upon the owner thereof. If
such ome r- is not a resident of the City of Mountain Home,Arkansas, a certified
copy of such resolution s hall be mailed by regi stered mail by said City Marshal
to the owner-at his or its last knownpost office address. If the owner of such
building or house shall fail or neglect or refuse to remove or raze such building
or house within thirty days after the servic e or mailing of such notice and
resolution, the City Marshal is hereby authorized, empoweredand directed to
at once remove or raze any such building or house in accordance with the pro-
visions adopted by the City Council .•
SECTION 3" The City Marshal shall prepare an itemized statement of the
cost of removing or razing any such building or house and shall notify the owner
by delivering to him a copy of said statement in the manner provided for service
of notice in Section Twohereof" If after ten days from the receipt of said
notice by the 'owner of any such building such owner shall fail to pay the costs
of such removal or razing, together with a penalty in the amount of Twenty Five
Dollars, which is hereby assessed against any owner failing to remove any such
building upon noti ce from the City Marshal, the City Marshal shall sell any
material obtained from said removal or razing which shall be necessary to pay
such penalty and costs and pay any excess remaining to the owner. In the event
no material is obtained from such removal or razing tt>.at can be sold to pay such
costs and penalty in full, the owner of such building shall be liable to the
City for such costs, and the City is hereby given a lien against such property
therefor, Dated this 18th day of September 1958.
- Se.a..+IONS 5 ~ A-dd e do. ~d. f\)o. I
BE IT ORDAINED
BY THE CITY COUNCILOF THE CITY OF MGUNTAIN
HOME,BAXTERCooNTY,
ARKANSAS:
SECTICNIe That T-V Cable Company, its successers and assigns, be and it
is hereby granted the exclusive right and /or- franchise te furnish direct wire
reception of televisions programs to the citizens and residents of the city of
Mountain Heme, Baxter County, Arkansas, by means ef the establisl:'.ment of a
master antenna utilizing a master control nnit and supplifier and relaying the
television signals directly inte the individual televisien receptien sets fer
a peri od of twenty five years from the effective date of this or-dinance together
with the right to erect and maintain such poles, wires, fixtures, etc., along
the alleys of this city as may be necessary and convenient for its business as a
televisien signal furnisher in supplying the citizens:: in said city and the
public in general, and to use and occupy fer its television cables the bridges,
lanes, alleys, and public g rounds and places within said municipality for the
purpose of erecting, constructing,laying, owning, leasing, or otherwise acquir-
ing, maintaining and operating such system'all such rights and use te be and
continue en the condition and terms as herein stated; present utility poles may
be used with permission of owners .•
SECTION II.. Said po Ies and wire s s hall be placed and maintained so as not
to interfere with travel or use of such streets, alleys or public ways of said
city, and said T-V Cable Company, its successors and assigns shall hold said
city :free and harmless from damages arising from any abuse or negligence of
said occupance, said poles and wires shall be places so as net to interfere
wi th the now of water in any sewer, drain, o r- gutter, or with any gas,
water pipelines; and this grant is made and is to be enjoyed subject to all
such reasonable regulations and ardinaIlC~§ccef a police nature as said city may
autherize or- may see pr-oper- frem time to tiille to adept not destructive of the
rights herein granted.
SECTION III. That T-V Gable Company, its successors, and assigns, be and
it is hereby granted the authority, right and privilege t o .s et , control, and
regul.at,e the fees .:!fc'rsuch services t.o the individual consumer and user during
the period provided fer in Section I of this Ordinance, subject to the approval
of the City Council and all ether State and/or Federal regulatiens controlling
same, or any and all other regulatory boddes , Failure of grantee, its successors,
or assigns to comply substantially with each and every lawful regulation imposed
by any government or anyrdepar-tment, or political sub-division thereof having
jurisdiction over the activity herein concerned shall operate to cancel and
forfeit the franchiss herein granted at the option of the City of Mountain Home,
Arkansas. Operating fees shall be fixed on the basis of a reasonable return on
the grantee IS, its successor's, and assign's, investment, in addition to maintenance
and installation costs, and the same te be just and r-easonab.l,e , Grantee by
acceptance hereof agrees to provide reception service foradd1tienal channels as
speedily as is reasonable possible giving due concern for quality and clearance
of picture and sound reception. Installation charges shall net exceed the sum
of'rW"enty-fi ve dollars ($25.00) for each consumer. Grantee shall be permitted to
charge each consumer a mnnthly maintenance char-ge in a sum not to exceed the sum of
Five and 95/100 Dollars ($5.95) fer each month of service provided to a consumer
or user in a home and not to exceed the sum of Six and 95/100 Dollars ($6 e 95)
for each month of service supplied to a commercial establishment.. These. rates
shall apply to one outlet foe seMiice te one television receiver, and rates for
service outlets te additional television receivers for the same consumer/user
shall be determined by the T-V Cable Company on an individual basis" Ne dis-
crimination shall be permitted with respect to rates charged t o users obtaining
like service ••
No. 139 (Continued)
ORDINANCE
ATTEST:
ANORDINANCEGRANTING MOUNTAIN
HOMET-V CABLE COMPANY,ITS SUCCESSOP.s,
LESSORS
ANDASSIGNS,A FRANCHISE RIGHT,ANDPRIVILEGETOUSEANDOCCupyFORITS T~
VISIONSERVICES THESTREETS,AVENUES,HIGID'liAYS,
BRIDGES,LANES,ALLEYS,PUBLIC
GROUNDSANDPLACES 'WITHIN
THECITYOF MOUNTAIN HOME,BAXTER COUNTY,
ARKANSES,
FORTHEPURPOSE OF ERECTING,CONSTRUCTING,
OWNING, LEASINGOROTHERJNISE
ACQUIR-
ING, MAINTAINING,
SUPPLTING THEMUNICIPALITYANDITS INHABITANTSORANYPERSON
ORCORPORATIONtrUTHTELEVISIONSIGNALS.
BE IT ORDAINED
BYTHECITYCOUNCIL
OF THECITYOF MOUNTAIN
HOME,BAXTER
COUNTY,
ARKANSAS:
SECTION 11. Said poles and wires shall be placed and maintained so as not
to interfere with travel or use of such streets, alleys or public ways of said
city, and said Mountain HomeT-V Cable Company, its successors and assigns shall'
hold said city free and harmless from damages arising from any abuse or negligence
of said occupance, said poles and wires shall be placed so as not to interfere
with the flow of water in any sewer, drain, or gutter, or with any gas, water
pipelines; and this grant is made and is to be enjoyed subject to all such rea-
sonable regulations and ordinances of a policenature as said city may authorize
or may see proper from time to time to adopt not destructive of the rights here-
in granted.
SECTION Ll.L, That Mountain HomeT-V Cable Company, its· successors, and
assigns, be and it is hereby granted the authority, right and privilege to set,
control, and regulate the fee for such services to the individual consumer and
user during the period provided for in Section + of this Ordinance, subject to .
the approval of the City Council and all other State and/or Federal regulations
controlling same, or any and all other regulatory bodies., Failure of grantee,
its successors, or assigns to comply substantially with each and every lawful
regulation imposed by any government or any department or political subdivision
thereof having jurisdiction over the activity herein concerned shall operate to
cancel and forfeit the franchise herein granted at the option of the City of Moun-
tain Home, Arkansas. Operating fees shall be fixed on the basis of a reason-
able return on the grantee's, its successorfs, and assignis investment, in ,addi-
.tion to maintenance and installation costs, and the same to be just and ~eason-
able. Grantee by acceptance bereof agrees to provide reception service for
additional channels as speedily as is reasonable possible giving due concern. for
quality and clearance of picture and sound reception •. Installation charges' shall.
not exceed the sum of Twenty-five dollars ($25.00) for each consumer. Grantee
shall be permitted to charge each consumber-a monthly maintenance charge in a sum
not to exceed the sum.of Five and 95/100 Dollars ($5 .•95) for each month of ser-'
vice provided to a consumer or user in a home and not to exceed the sum of Six
and 90/100 Dollars ($6.95) for each month of service supplied to a commercial
establishment.. These rates shall apply to one outlet for service to one television
receiver, and rates for service outlets to additional television receivers for
the same consumer/user shall be determined by the Mountain HomeT-V Cable Company'
on an individual basd.e, No discrimination shall be permitted with respect to
rates charged to users obtaining like service ••
ORDINANCE
NO. 140 (Continued)
SECTION IV. That Mountain HomeT-V Cable Company,it successors and assigns,
be and it is hereby further granted an option to renew this exclusive right and/or
franchise at the end of the twenty-five year period, as referred to in Section I of
this Ordinance, terms of said renewal to be agreed upon by the said Mountain Home
T-V Cable Company,its successors and assigns, and the City Council of the City
of Mountain Home,Baxter County, Arkansas, after notice in writing by the franchise-
holder herein for thirty (30) days prior to the expiration of the right and/or
franchise granted hereunder .•
SECTION
V. Anyright , privilege, or franchise granted by virtue of this
Ordinance or by resolution adopted in connection herewith on this date shall auto-
matically becomeabsolutely and entirely void unless Mountain HomeT-V Cable Com-
pany, or its successors and assigns, shall commencebona fide construction with-
in'three (3) months from the date of the adoption of this Ordinance, and shall
commenceservice within twelve (12) months from the date of adoption of this
Ordinance, or if at any time service is discontinued by the said franchise holder
for a period of three (3) .monthsafter service has been in operation, or if the
said Mountain HomeT-V Cable Company,its successors and assigns, shall engage
in the sale of television sets or television equipment withint the corporate
limits of the City of Mountain Home,Baxter County, 'Arkansas, or if the said
Mountain HomeT-V Cable Company,its successors, and assigns shall .fail to fur-
nish as requeet ed free television signals to t-he college and schools of this City.
SECTION VI. Commencing on the 20th day of April, 1960, the grantee shall
pay to the City of Mountain Home,Arkansas, a tax in the amount equal to two
percentum (2%) of the gross operating revenue received by grantee during the
next previous calendar year. Said tax shall becomedue and payable on the date
first above mentioned in this paragraph and on each anniversary date thereafter
during the continuance hereof. Failure to pay said tax when due shall operate
,as a forfeiture of this franchise.. Rate of tax shall be su)Jject to adjust-
ments from time' to time as the City Council of Mountain Home,Arkansas, shall
deemproper in order to assure fair and realistic city fiscal administration"
~/:::;..s/~P...:;e~t.:::-e...;S;::;.:h:i:;.;::r..:;:a~s
(Seal )
Pete Shiras, Mayor
ATTEST:
ANORDINANCE
TOAMEND NO. us OF THECITYOFMOUNTAIN
ORDINANCE HOME,
ARKANSAS.
Be it enacted and ordained by the city council of the City of Mountain Home,
Arkansas.
Section J.. No building or other structure shall be erected on the East side
of Baker Street between Eighth Street and Ninth Street closer than a distance of
33 feet from the center of Baker Street .•
2. Change from residential to retail the East side of Hickory Street from
Fifth Street to First Street; being the West Half of Block 33 of Lane's Addition
and that part of the West Half of the Northwest Quarter of Section 9," Township
19 North, Range 13 West described as follows: Begiri at the Northwest corner of
Block 33 of Lane's Addition; run thence North with the East line of Hickory Street
to the South boundary of First Street; run thence East with said boundary and the
extension thereof to the West side of Main Street; run thence Southerly with said
line to the North line of Block 33; run thence Westerly with said line to the point
of beginning.
3. Change from residential to retail Lots 26" 27" 28 and 71 in Plaza Heights
Subdivision, which lots lie on the Northeast side of State HighwayNo. 5 adjacent
to the city limits.
Attest: ='/"""'!s••••I_P~e-:t;".;;.e_Sh=i=r=as
(SEAL)
Pete Shires
lsi Marjorie L. Harned Mayor
Marjorie L. Harned
Recorder
ORDINANCE NO. 142
Section 1. Each and every act, matter or thing which the laws of the
State of Arkansas, make misdemeanor, is hereby prohibited within 'the
corporate limits of the City of Mountain Home, Arkansas, and made un-
lawful as a violation of this ordinance.
Section 3. Each and every person who shall, within the corporate limits
of the City of Mountain Home, Arkansas, violate any of the provisions of
the laws into this ordinance incorporated and adopted shall on conviction
thereof be punished by fine or imprisonment~ or both, as the case may-be,
together with the costs of the proceeding of not less than the 'minimum
nor more than the miximum penalty as prescribed by the corresponding State
Law in such cases made and provided; which penalty shall be enforced in the
manner now prescribed by the law for the enforcement and collection of fines,
forfeitures and penalities impossed by the City Courts of Cities of the
second class. All fines when imposed, to be charged _to the City V~rshall
and then collected and paid into the City Treasury.
ATTEST:
Section 1. Each and every act, matter or thing pertaining to the operation
of vehicles which the laws of the state of Arkansas, make a misdeameanor
is hereby prohibited within the corporate limits of the city of Mountain
Home, Arkansas and made unlawful as a violation of this ordinance.
Section 3. Each and every person who shall within the corporate limits of
the city of Mountain Home, Arkansas, violate any of the pro,~sion~ of the
laws into this ordinance incorporated and adopted shall on conviction, there-
of be punished by fine or imprisonment, or both, as the case may be, toget-
her with the costs of the proceedings of not less than the minimum nor more
than the maximQm penalty as prescribed by the corresponding state laws in
such cases made and provided; which penalty shall be enforced in the @anner
now Drescribed by the law for the enforcement and collection of fines, for-
feitures and ~enalties imposed by city courts of cities of the second class.
All fines, when imposed, to be charged to the city marshal and then collect-
ed and Daid into the city treasury.
Section 5. This rodinance being necessary for the or-e ser-vat.Lon of the pub-
lic jeace, health and safety, an emergency is hreby declared to exist and
this ordinance shall be in full force ana effect from and after its pas-
sage and publication as required by law.
ATTEST:
ATTIST:
SECTION 1. From and after the passage and approval of this ordinance
it shall be unlawful for any person, firm, or corporation to dump or throw
any form of trash, refuse, cans, bottles, garbage, paper, rags or any other
kinds or form or trash or garbage upon the streets of the City of Mountain
Home, Arkansas.
SECTION 3. The City Health Officer and/or the City Marshal are hereby
authorized to enforce the provisions of this ordinance.
ATTEST:
c2l:. S ,
lr:)S ~ 0(""'<
-' ..J
"Y;
"",,,-_
()oun ty Arksnsss
j h~~ t~e estste
t e r- -i_to ')-c" .; ,,~ t ;'l" C t err i_ tor -, 'J e ,::;"lie x e -:1 T: () '=' ,~-1
~
of "["18 J-;~t-~ ofJlo'xnts-l A,-,-,lz9nsss; 9
Bax t.er-
L est J t e
te2Y>; +- th3t s aid te"'''ttr:r 1.'0 can C3')0}S 8[lJ sdjoi -; t"",;,---esent
::0 r-a t e 1i its of e::;ttyof fount'} ~ione, ,-olzsnc:,::;s; t'lJt 8n a c c ur-a t e
o La t orSJ) of 88;_d t e r-r-t t o r-v 81:10'1,'1 -tbs r-e La t I on s -iT) to t'le '-i~eC1e'Jt
ctty had been filed Tth 80d
otice ~8d been ~iven f02 the
1 nd s 8_11 terri t
of !Iountqin Ho ne , rkSn2iQS3 subjelt to the 2cceotsnce of
t'~'e C1g e the City Counc~l o~ s2'J Ci
-1~ 5e:! 13 sl'1d
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OF 3, S,
;0 nt 9, in I-Ie n8 )
ofi~ountClin H01e y
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The
t'18 co o:..r>o t~:le S <) t~e ~1
t '18 iT~ ~~ of"
t:i.8 of t'ie of' t}'-l2
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of the '::if of t he J 8 11 in >.J .-, -_' e
\~l
j
eli e P 'Jest" and t he ln~1.of the j'~=
of Sec~ 10 q& 13 .e s r
(ses 1
~e~e Shiras Mayor
1
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of 'l
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sect-ions,
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L...-'_i..'c COclrlcil
City of Mo urrt a
"','~ J_ t-,
.:..'~
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wh i ch is s 79 J
fe e t lJ:r Brid;e; Ol-"ee~c
t~'1encein a sterly d i r-e c t Lon al said '""C t
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t2~~1f~:~t ~ot~e~~!n~
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3r283 ~.3.st ~3et ~o~e or lsss to the Doint of
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It is h8~2by ascertained ~
ina~ce beinG ~e~essq f0~
p~~8Se~-Ia t i on ~8aC8, ~eal a~Q safe ,the s arne
s ha Ll, bee 00De e in full f02ee o rn 8.l1.c1 8 ft, e l~ its
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s sed '~i....i.L t:
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: il '-_f
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S2~I'I ~.
? s l?,-ll no t c ens t r-ue d to it
the use of ~railers for res ential DurDoses W"lsn thev are 10-
CS~ t ed on r-e l~l-\,T Li c e ns e d arid
mTJ"r;'l
,---"" TI-IElTIOF 'CTI-IER, PlTRPOSE.S G
of of
aJ1c1
of 1101.Jl'ltain gO"iJern-
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,--" er
Sectio11 f ailil1.g to
of' tl'J.e ~~ this ordinance
81...11:1
I10-G Les 8 tl~LE'~r:L cOO nor- mor-e tl-_,SJ1
tlJ_c~t said mri sances or 1Jsal trl l'1c.zar'c1s
Passed .-,"!.'""\/.::!
0 •.••1.."-,-
}YTc'.rj ori e i
:?ORTrill TBH ~cu\m SKIt'JER
Ion OF
18 of said
~~_'J~w~~~~,Section Ordinance No. 107 aut rizes the
1950 bonds, to finance or pay the cost of cons t ruc t-i on of any better-
t-. "
ments or adcitions to the system, provided certain conditions ner ea.ri-
after set out have been met, and the City has had Hocott Accounting
Service, and independent accounting agency of Mountain Horae., Arkansas,
to prepare a report, which shows that the gross revenues for the fiscal
ativE that the City make the im)rovements in order to meet the expanding
needs of
.•. l" ts
'.,.; i_ nhabf t an t s s now
••.~"" •••.•.. '..,) ,, __ v' , ~_ ~~, +-hereI~o""e
•••..• 1.
j........,
BE IT ORDAINED
by the City Council of the City of lIountain Home,
_cJ.• ):;:ansas:
Secti6lli __
~..,.rbe Ci - Council hereby finds and declares that there is
immediate need for the improvement and extension of the wat er system now
s erv i nz +ldbe in1J""1,i':-~nTS
""~~'o ,p_v_"o.~~v J1.
r-.t:> saCl.~i d Cit'l-
~ y, Cl.~_ L< a 1)T'-1e'-='
~nQ"1 -1-1,,0.-'- ~, deacr-Lot
.L_~ Lon__ of' +-be*
v_v v_ V)..l.
t ruc t - ~
"- ext ens i.oris ana t ne cons .ruc tn.on OT a "o'_"C',:JDa_
." ." "1 .,d""' - l' s cor-age f'ac i lLa. "ClES,
." a t, an
estimated cost of 4~90,000, to be furnished by the issue of wat s r and
sewer revenue bonds hereinafter authorized~ (All of the im)rovements
and extensions herein described are hereinafter termed the T'ksu and
the collective wat ervo rlcs system arid the SE'Her system, including the
\l4-orks, are hereinafter termed theltSystemll) Detailed::pecifications and
estimates of cost for the iJJ"orkshav e been filed in the office of the
City Recorder and have been examined and are hereby approved by the
City Council, and the Council hereby ratifies and confirms its deter-
nnna tion to cons t rzc t the lIorl:s in accordance itlith said plans and esti-
mates of cost ••
SECTION 3. The bonds shall be signed by the Mayor and City Recorder
and sealed with the corporate seal of the City, the interest upon the
Bonds to be evidenced by coupons thereto attached, signed by said Mayor
by his facsimile s:h.gnature;and the Hayor shall by the execution of the
Bonds adopt as and for hi-s own ;;roper s i gna tu rehi s facsimile signature
appearing on said coupons. The Bonds and coupons shall be payable in any
coin or currency wrn ch on the respective dates of payment; is legal tender
for the payment of debts due the United States of P..merica,at the office
of the bank or t.rust company to be des Lgna t ed by the pur-chase.rof said
bonds"
SECTION 4 .•The Bonds, together vrit n interest thereon, shall be
payable solely out of the Revenue Bond Fund, hereinafter defined ..Said
fund is hereby pledged and mortgaged for the equal and rateable pa~eJ!!lt
of the 'dater and Se'JlerRev enu e Bonds issued by the City under date of
July 1, 1950 and now outstanding, and of the Bonds of this issue, and shall
be used for no pur)ose other than to pay the prinCipal and interest of
all of the Bonds of both issues, exc~pt as hereinafter set out; provided
that nothing hereinafter set out, either in the bond form or in
covenants, shall impair the obligation of the City to the holders
of said July 1, 1950 bonds.
SECTION 5. Said Bonds and cou~ons shall be in substantially
the following form:
UILL TED STA ,S OF JlJlEF,ICA
STATE OF ARCANSAS
COUNTY OF RL'CTER
CIT"t OF HO"CTITTAIIJ
He'llE
--- TN
-.-"-' "JII 'T'TTFr:;s
'_-'-_',Wj Bo';"e
\,;TIF:PF"H' fA kansas ,
,--l.r--o,
,Jr.L_~.12JJ~, by t tLs
·f1ne
v_ 0i t"
v_.; IT o f 110'1]'"1
~~_", "a-;'n
,C.L..L _._
City CounCil, has caused this bJnd to be signed by the Mayor and
Ci ty Recorder thereof and sealed i·rith the corporate seal of s a l.d
City', and has caused the coupons hereto attached to be executed by
the facsimile signature of said Mayor, all as of the first day of
Septemberl 1960
(Seal) By
-----,~------------
lJIayor
Attest:
City Recorder
(Form of Coupon)
no .•--- $-----
On the first day of ~a~~QmbeT" 19_unless the bond to whLc h
this coupon is attached isEssoITer-called for ent, the City of
Hcmntain Horne, Baxter Coin ty , A~kansas, promises to pay to bearer,
upon surrender of his coupon, the sum of DOLLARS
in any coin or currency which on said date is legal tender for
payment of debts due the United States of Arrlerica,solely out of
the fund specified in the bond to ,,'Thich tllis coupon ap~oertains,
at the office of ;-----;;-----:-.,.---;-------;--:;:;-----,:;::------~---:~--
being interest then due on its 'liTa Ger and Sev.JerEmp rov emerrt Revenue
Bond of 1960 dated September 1, 1960 and numbered o
CITY OF
By
------.".-;:-------------
By __ ~,...,._--,:---_.;__;:::_;:~---_--
Authorized Officer
----------~-
•.
bonds and the fees of the trustee and the bond counsel.
Section 10. Nothing in this ordinance is intended to or shall
be construed to impair the obligation of the City's contract with the
holders of its July 1, 1950 bonds~
Section 11 .•The 11ayor is hereby directed to publish for one in-
sertion in the Baxter Bulletin, which is hereby found and declared
to be a newspaper published in and of general circulation in the
Ci ty of Iiountain Home, Arkansas, a certified copy of this ordinance,
preceded by a notice signed by him in substantially the follovling
form:
NOTICE
Notice is hereby given that the City Council of
the City of Mountain Eb~e, Arkansas, has adopted the ordinance
hereinafter set out; that said City conte~platES the issuance
of tbe bonds d-::scribedin said ordinance; that any person interested
may appear be f'ore the Ccunc i L on the day of 1960
, at 7;30 p. in the City Council Chamber in the City of Mountain
Home, and he "'dillbe heard .•At SL1.chhee,ring all objecti:::ms and
sugcestions will be heard and the said Council will take such action
as is deemed proper in the premises.
Dated this day of 1960
Attest:
City Hecorder
Section 12. The City Council hereby finds and declares that
+he 7-,.OSS rev enues neT'ivPd f rom the oneration of the vrat er and seller
~y;t~~s fo; '--
the '-'fis;ai
-y;ar - en-ding De~Ember 31, 1959, wa s sufficient
to provide for all costs of operation, repair, maintenance and de-
preciation of said systems and leave a balance equal to at least 150%
of the agregate of principal and interest paymen t s for that year on
all bonds then outstanding and the fiscal agency charges therefor, and
the average requirement for one year of principal and interest pay-
ments of these bonds.
Section 13" It is hereby ascertained ::o.nddeclared tl1.3.t there
is immedi t e need, in order to prot the hei I th and property
of the inhabitants of the City of Vwuntain Home, Artcansas, for
improvement and extension of the municipal 'd",tenrorks system;
therefore, an emer gsncy exists and this ordinance is necessary for
the preservation of thec)"J.blic peace, health and safety, and shall
ta~c=e effect and be in force w Lt.hou t delay from and after -i ts
pa s sa g e ,
Passed: A_u~~~~ol_~s_-_L_l_'5 1960
Approved:
Pete Shiras
Hayor
At est:
Esther Scharlau
Acting City Recorder
CERTIFICATE
CERTIFIED under my hand and the seal of said City this 15th
day of August, 1960.
Esther Scharlau
ACLing CiLY Recorder
(Seal)
ORDIlffiNCEI~BER 152
AN ORDHffiNCEMEENDING NO. 151
ORDINANCE
OF THE CITY OF MOUNTAIN
HOME,APJ{F.NSAS
ANDDECLARING AN EMERGENCY.
BE IT CRDAINED
by the City Council of the City of Mount~n Hcme, Arkansas:
SECTION1. That the sale of the bonds to Stephens Inc. of Little Rock,
Arkansas, at a price of par and accrued interest for bonds bearing 4.9C%
interest per annum, and the conversion of the bonds from $90,000 in 4.90%
bonds to $98,500 in 3 3/4% and 4% bonds maturing as hereinafter set out, are
hereby approved.
APPROVED:
ATT::ST:
VVHEPtEAS,
the success 0 f the undertaking depends upon maintaining an
adequate supply of female labor for per-scnne L with which to operate the said
factory; and
(b) Such new industry does rot require more ferna Le labor than the
amount of such surplus, taking into consideration th e fact that,
industry normally requires a ratio 0 f three to one between the
pool of available Iabor- and the number of employees actually
required; and
Section 2. The City of MOLJ ..ntain Home f urt.he r covenants and agrees that
it will not undertake to establish, orto encourage the establishment of, such
new industry employing female labor, during such per:i.od of time Vlhen the operation
of the said factory is interrupted or shut down owing to causes beyond th e control
of the said Mar-Bax Shirt Co., Lnc ; , or other psr s cn or persons operating the
said factory, such as strikes or Jabor disputes on the lease pr emises , so long
as thereis no default in the payment of any rentals due from the said Mar-Bax
Shirt Co., Inc. or other corporation.
Section 3. This Ordinanc e is and shall be a contract w rt h the said
Mar=Bax Shirt Co. ~ Inc., or other corporation, and with its successors and
as signs 8:) long as the said fac t or-y she. 11 be and continue in ooer-at Lon,
exc ept as D rovid ed :in Secti on 2 hereof.
Section 5. This Ordinance shall be in full force ani effect from and
after the c onmencement by Mar-Bax Shi It Co., Inc. of a program for the
training of its personnel.
A.PPROVED:
ATTEST:
tSEAL)
ORDINANCE NO. 154
l,fJ:-IEREAS,
TI-IE Hountain Home Bus ine ss and Professicnal iJomens Club is a non-
profit civic organization operating in the City of Mom~tain Home, Arkansas, for
the public good and welfare; and,
W~IEREAS, The money obtained from the installation of said signs by :alQ
Hourrtai.nHome Business and Professional "clomensClub is to be used for civic
projects or betterment of the corr@unity; and,
11f.l:JEREAS,
it is necessary that as a p;r:rerequisiteto the sell:"ng and install-
a~lon of said advertising devices by MountarR7Business and Professional Womens
Club that it have an exclusive franch~se for the installation thereof. IT IS
THEEEFOEE ORDAINED BY THE CITY OF 110m~TAIN HOLE, AFlXl)JJSAS,AS FOLTOlrJS:
Section 1. That for and in the consideration of the sum of one dollar
.00) and other considerations hereir~fter set out, Mountain Home Business and
Professional Womens Club, a local civic organization, is hereby granted an exclu-
sive franchise for the installation and maintenance of advertisjng signs,not to
exceed 9xl2 inches, known as P}~ Displays, to be attached to parkjng meters in the
City of MOlliTltainHome; thzt said Hountain Home BusiBess and Professional Womens
Club sha'lL be granted the right and privilege to charge adv2rtisers for the use
thereof and keep all the profits and proceeds therefrom.
Section 2. This franchise shall remain in effect for the period of five
years and so long as the HO~Tltain Home BUsiness and Professional Womens Club shall
use the proceeds therefrom for civic improv8nent or betterment of the con~LuTlity,
said use to be determined try- the Mountain Home Business and Professional Womens
Club and so long as the advertising displays are maintained in a reasonable attrac-
tive condition; as a further consideration for thjs franchise, the MOuuitain Home
Business and Professional ~{omens Club must pay the city of Hourrba i.nHOTHe th- sum
of one dol] ar ($1. 00) per year, the payment, of "vThichalong ',ri
th performance of the
other requirements will keep this franchise in f'ul.Lforce and e.ffect for the tenure
of this franchise.
Section 3. 1L~yone lilo sha Ll, violate any provision of this ordinance
shall be guilty of a misdemeanor, punishable by a fine of not less
than ~~1.00 nor more than ~~50.00. The i.rnpositionof one penalty for
any violation shall not eJccuse the violation or permit it to continue;
and all such persons shall be required to correct or rev£dy such
violations or defects within a reasonable time; and when not other-
w~se spec~fied, each ten days that prohibited conditions are rr~in-
tajned sha'Ll,constitute a separate offense.
SectioTl L('0 This ordinance shall 'take effect and be in force f'r-orn
and after its passage.
copies have been made and now are filed in the office of the Clerk of
Cit:r of lvlOuIltain Home, Arl{allsas, arid tl1.e same are her-eby adopted
and incorporated as fully as if set out at length herein, and from the
date on this ordll1ance shall take effect, the pro\~sions thereof
8118..1lbe corltl~olling 1!Ji tllin tIle lirn.i ts of t.he Ci tjr of Motmtain 11:0TIB,
Jirkal1SaS ~
Section 20 Klforcement0
The code hereby adopted shall be enforced the Chief of the Fire
Department $
Section 3@ Definition~
l!lTlTere,rer tl'1'8 110rd 111/h:micipali t~rn is used in tll.e code hereby ad..opted,
i-t shall be t.o mean the City of lIollil.tain I-IoII18, l-lrkaIlsas ~
Section 5e l/lodificaticnsa-
The Chj_ef of the Fire Department shall have pover to modif'y aD.3T of the
pro\Qsions of the code hereby adopted upon application in ~Eiting by
the ovmer or lessee, or l~isduly authorized agent, when there aTe
practical difficulties in the way of carrying out the strict letter of
the code, provided that the spirit of ~n8 code shall be observed,
Dublic safety secured, ffi~d substantial justice done. The particD~ars
such m.odifica tions when grant.ed or a'LLowed and t.he decision of t.he
Chief ·cf the Fire Department thereon shall be entered upon the records
of the department wLd a Signed copy shall be fur~ished the applicant.
Section 60 Appeals
Tlher18ver the Ch.i.ef of the FiI~e Department shall d.i sappr-ove &"'1 application
or r ef'uee to grant. a perni.it appl.Led for, OX~ vhen it is c'Ladrned that tJ:-18
pz-ov.is.ir.ns of the code do not apply or t.hat. th;2: tr·D~e intent and meam.ng
of the code have been misconstrued or wTongly interpreted, the applicant
may appeal from the decision of the Chief of the Fire Department to the
Cit~T Counci.L of I'lountain HOIne, ....
4.rlcfuJ.sa51Y"ithin]0 daJTs f'r'on date the
dec i,s i en appea.l.ed &
Sec't ion 7 Q
\/Tithilltile tiJJ18 af'f' ixed ~er~8in, 311211 sever'a.l.ly f01'" each and e"\!Cry such
violation and noncompliance respecti be of ~ sdemeanor,
a fine of not less 000 nor more th~1 00 or
fOI' not les-s t.han one day ~_101"" noz-e than s ix months or
fine and The sition of one for
any violation srBll not excuse the l"'G tc
and all such persons shall be to correct or"
tiOJ:1S or def ec't.s "\:Tit11il1. a r'ea sonabl.e ti.L""D.e; and ~;-~leD.not. othel~'T1ise
.:J s each day s t11at bi ted cond i t ions are maintained sha.l L
a/0
darned, Recorder
OF
~"~CTJNTJ.uJJ
of Off
Establis~!l~e~t of B~iliing Officiale
Duties
S-SC-CiOl-:
in t.he of 1~
( \
(a) ~s used lL the b~ilding code , it·
sll.all tai::1. Home, Arkansas ""
i-'=o-LTI'l
in this or d.inance or in the COO.8 hereby adopted eha Ll, "be con-
str-ued to eff ec t any sui t cr proceeding nov pend:"ng Ln any court, or
any acquired, or J_~ability Lncur-r ed , nor any cause+or- cav..ses
of action accrued or eXisting, lli~der &ly act or ordinance repealed
hereby Nor sr~ll any right or
$ or m~y character be lost, Lu-
palred or effected by this ordin~nce$
Section Validity~
Tr-.L8 irrv3.1idi ty
of any sSC-::_O!l or provisio11 of trlis ord inance or of +he
code her eby adopt.ed sha l l. not Lnva.li.da'te othel~ sections or provi.s.icns
t.her eof e
This or-dana ..nee shall t.ake effect s ixty day s af't.er- its approval as re-
qu.i.r-ed by
"I'hat, new constructiondn the City of Nountain Home is rapidly increasing, and there
is inadequate protection furnished the general public concerning electrical ~~ring
in such constructiGn.. It is common ~~owledge that inferior work upon electrical
c'·' "Tiring results in fires ,'loss of' life and property, and general inconvenience, 8.J."1.d
unless the provisions of this ordinance are placed into effect ~umediately, the
public peace, health and safety ,illl be adv8rsely affected, therefore an emergency
is herebJT declared to exist and this ordinance shall be in full force and effect
from and after its passage and approval.1I
Three copies of the National Electrical Code and three copies of additional rules
and regulations of Mountain Home, Arkansas, are filed in the Office of the Clerk of
the City of Mountain Home, Arkansas"
Attest:
OlIDINANCE #159
AN OlIDINjI.J,TCE
CREAT] NG THEOFFICE OF C'TY INSPECTOR JUJD COJVLBINIHGTHE
OFFICES OF BUILDING, PLUNBIIJG, ELECTRICAL .AND GAS INSPECTORS, PRESCRIB=-
ING THE QU.A~IFICATIOJ'JSTHEREFORE .lUllDUTIES T1-'"EREOF;AND FOR OT:b:ER
PURPOSES e
Section 2. Qualifications •.
The City Inspector shall be of good moral character, and shall be versed in
the approved methods of building, electrical, plumbing and gas construction
and installation, the statutes, laws and ordinances of the State of Arkansas
and the City of Mountain Home, Arkansas, relating to building, electrical,
plumbing and gas work; and the National EI~ctrical Code, and the Arkansas
State Plumbing Code, and shall be qualified to perform the duties of the
building, electrical and plumbing inspector"
Section 3.
It shall be the duty of the City Inspector to see to the erJorcement of all
ordinances and proviSions relating to buildihg ot zoning and to inspect all
building or structures being erected or altered, as frequently as may be
necessary to insure compliance 1<Tiththe ordinances of the City of Hountain
Home, and to perform such duties in connection with the issuing of permits
and collection fees as from time to time prescribed by the City Council •.
Section 5.
Ex Officio Plumbing and Gas Inspector .•
The City Inspector shall act as ex officio plumbing and gas inspector and
shall have all the povers and perform all the duties connected 1nth that office •.
Section 6.
The City Inspector shall receive such salary and remuneration as shall be
from time to time fixed by resolution of the City Couno i.L,
Section 7 .•
Any and all fees paid for inspections and/or permits issued by the City Inspector
shall be paid to the City of Mountain Home, Arkansas, into its general registry
fund e
Section 9.
Any and all ordinances or parts of ordinm1ces cOPJlicting with the provisions
of this ordinance are hereby repealed •.
City Inspector is necessary for the preservation of the -Public ueace, health and
sa£ety; therefore, an emergency is hereqy declared to exist and this ordinance
shall be in full force and effect from and after its passage and adoption.
Mayor Recorder
ORDINANCENO. 160
AN ORDI]\JA.NCE
PROHIBITING THE SiI_LEAND/OR USE OF FIREWORKS.,
DYNAJ!JJITE,
OR OTHER EXPLOSIllES WITHIN THE CITY LIMITS OF
MCU]\J"TAIN
HOME, A-:)J(lu'IJSAS,
WI'JRaJT A vVRITTENPERMIT DULY
ISSUED BY 'JJE CITY CCUNCILOF SAID CITY.
This Ordinance shall take effect a nd be :in force fran ard after its
a ppr ova'L as re qu.i r-ed by 1 e«,
. ~d:,"",,-a-:-i....:F-"'--W-:-la-',-'o-r-.
---
Attest:
OPDINANCE NO. 161
ATTEST:
'
. /:/,'
.c
ct!u1 v:V
-:/
.a cVv0LV1
/] / ()
.'ic~R_~~
~
(7\.
OF THE CITY OF MQTNTAIN
HeME, u~:XTEE CQTNTY, ARKANSAS.
ATTEST:
r
/~O<-LO
Ri.c har-d Fair,
:t~
Mayor
d-q 1 137
303-
30te
ZONING 0 PJ)INAl\JCE 3~u
3
) I
'/
THREE C crIES OF THE SAID ZONING OP.DINANCENO. 163 AND OF TIE RULES
.4..1\JD
REGtJLATIONS CONTAINED THEREIN ARE FILED UJ THE OFFICE OF THE CLERK
OF 'IRE CI'IT OF MOUNTAINHaKE, ARK.4NS:\S.
~42~
Richa rd Fair, Mayor
ATTEST:
Ma:bj ot;lle
Recoraer
ORDINANCENO. 164
1fIT'rlEREAS,
a petition duly filed with the City Councd L of the Ci ty of
Mountain Hrme , Arkansas on the 21st day of December 1962, asking the City
Council to vacate and abandon all that portion of th e street designated
on the plat of the First Addition to the Baxter Addition to the City of
Mountain Home now appearing of record in Plat Book 2 at page 8 in the
office of the Recorder of Deeds for Baxter Comty, begi.nnd ng at Sec ond
street and ending at Third Street.
All that portion of Elm Street lying between Sec ond Street
and Third Street, as shown by the plat of First Addition
to the Baxter Addition to the City of Mountain Home, as
same now appears of record in Plat Book 2 at Page 8 lim the
office of the Circuit Clerk an d Ex-Officio Recorder for
Baxter County.
Section 3. Thi s Ordinance shall take effect and 1:e in force from and
After its passage.
Upon a cail of the Roil, the following yeas and nays were case, to-wit:
Yeas: Nays:
Odus Hargrave None
Pete Shiras
Bryan Haley
Chas. Mietchen
Helmut Nusch
Ray Harvey
R.E. 139.ker
Earl Dawson
ATTEST:
ORDINrUTCE
NO. 165 NOT USED.
ORDINANCE NO. 166
n
~1.I~nr
/ )
\
~
\
ORDINANCE NO. 167
CFIAPTER.
2. Article 2-1, B-19 shal.L be amended to read as follows:
19. Yard. The horizontal distance from a lot line to a parallel de.si gra t.ed
line. The distance is measured from the property line to the nearest
foundation wal.L or other vertical wa Ll, of the structure; provided the
roof or other overhanging projection is less than three (3) feet.
Should the ever-bang be greater than three (3) fe~ the yard line
shall be me,asured to the center of the overhang.
Dr e Side yar-d (each): mi ni.rnnn of 10 feet from ea ell jr-oper ty line l'
7. Accessor y buildings: m.irrirmm of 10 feet f rorn the rear and side y-ard except.
street; t hen 30 feet from all street pr cper ty lines or 55 feet from center
of s t.r-eet , .ichever is gr£tero
CHAPTER30 Article 3-2 Central Busin.ess District C-l .L~o Per mit.t.ed Uses, shall be
ane n:led to i ncl, ud e t r18 f'o.l Lowing :
TER 4. Article
CPull? L,.-l Zoni n z Mao of Or-di.nance No. 163 and the official ZO!1ing Map
dated Jul,Y- 1960, is hereby amended to the extent: -=.---- Tr.at: Retail Service C-2 is ( )
extended south on U. s. 62 on both sides of the h Ighway to Dodd Creek) Retail servi.c e
(C-2) is extended 608i from C reek on Sta te HighvJay 5 and to enclose an
area as indi cat ed on t.re map, also t he Central Business District (C-l) is ext.erri ed
t) inclLrl e tile block b et.ween Sei1et.VJ.th 311d ht.h streets bounded on t he east by
Shiras str-eet and o n t 1"1.e st by SOJ.t11 street; as ir-Ldicated bn t he ZorinE Map
whose amended date is November, 1962 ••
4. It does not have arl .i dentd f'Lc a td.on sign in excess of four square feet
to denote the business, occupation or profession, and sr ch sign must
be attad1ed to the structure.
CPJI.PTER5. Article 5-6 is hereby amended to include the followin[ addi t.Ione
A. General
B. Advertising Signs
10 Advez-tds ing signs or sign structures not at.txche d to a bui.Ldi.ng, shall not
extend more than 10 feet into a required yard. The horizontal distance
between su ch sign s and any structure on adja cent prop er ty sha 11 be not
less than 200 feet. .
C. Business Signs
Business signs may be placed 'within any required front yard or exterior yar-d
subject to the following conditions:
1. If the top 0 f the sign extends more than four feet above the gr-ound
then the bottom of said sign must be located not less than ten feet
above the ground and with the supportin.g structures so designed as to
allow maxirr,Qm-risibility.
2. The gross area of a sig D, excluding supports, shall not exceed 200
souar'e feet.
B~ b
il. p errrrit sha Ll, be requlreG prior 00 the construction. or er-ect.i on of
any advertisin.g or bus in es s sigrlo An appll cation showi ng the actual di mensi o
of t.h e lot ard tile ~roposed Lccat Lon of the si.gn , and SUCJ:l cfher- Ln form ..ation
as [nay be ne ce ssary to provide for the, enf'or cement. 0 f this Or-dinance iii
CHAPTER10. Tr,is Ordinance amends certain sections 0 f Zoning Ordinance No. 163
and repeals any other ordinance t hat IT1.ay be in conf.Li ct her ewit.h ,
P _A.SSED Al\}D -4PPF_OVED BY I:EAYOR .:{ND CITY COUl'TCIL THIS Ls't day of April 1963 e
Fair
SECTION 1 DE1'1NITIONS
11.. Dependent mobile home. A mobile horae which ooes not have a flush toilet
and.. a bath or shcwer ,
Mobile home ;:ark. An:I plot of pround upon four .... or rror-e mobi Le horne s ,
occupied for rlvVel1-: ng or sleeping purpose s , are Locat.e d , regardless of whether
or no t a charge is made for such accomnoda td on,
Mobile home spaceo l'. plot of gr-ound ltD.. thin a mobile home park designated for
th e acc O.Q1JIlO ci tio n of one rrobile home.
SECTION II LOCATION
11.. Mobile home parks may be 10 eated in the Retail Service (C-2) district, and
shall corif'orm to the requirements of this district.
2" Each boundar-y of the park must 1:8 at "least 100 feet from aIly permanent
building located outside the park, l~lless separated therefrom ~- a chain li~~
fence five (5) feet in height attached to steel or aluminum posts, set in
concrete; Or UTe equivalent thereof as determin 00. by the endorcement officer.
The mobile rome park plan shall conform to the f'o Ll.ow.ing requirements:
3. Mobile homes shall be so harbored on each space that there shall be at least
a 25-foot clearance between mobile homes, provided, however, that w Lth respect to
mo2Dile homes parked end-to-end, the er;0i-to-end clearance nay be less than
25 feet bi t shall no t be less t ran J5 feet. No mobile home shall be located
closer than 10 feet to any building within the park or to any prop e rty line
bounding the park ••
4. Ali mobile home spaces shall abut upon a driveway of not less than 20 feet
in lNidth, vhich shall [ave unobstructed access to a public street or hi §flV'ay.
5. All driveways and wa Lkways ·within the park shall be hard surfaced and lighted
at night.
6. Each park shall provide service buildings to hou se such toilet, tat.hi.ng , and
other sanitation facilities and such laundry facilities as the City fray sp ec'i fy,
An adequate supply 0 f pure water for drinking and domestic purposes sha be n
supplied by pipes to all buildings a rd. mobile home spaces within the par-k to meet
the requirements of the City. Each mobile home space shall be )rovided with a
cold-water tap at least four inches above the gr rnnd , An adequate supply of hot
water shall be provided at all times in the service buildings for an bathing,
washi.ng , cleansing, and laundry- facilities.
SECTIONV SANITATION
FACILITIES
Each park accommods.ting dependent mobile hoc ES sha J.l be provided: with toilets,
baths, or showers, slop sinks ard other sanitation facili ti ES which shall conform
to the following minimum requirements:
1. Toilet facilities for women shall cons ist 0 f no t less than one (1) flush
toilet for every ten (10) mobile home spaces, one (1) shower or bath tub for every
ten (10) mobile home spaces, and one (1) lavatory for every ten (10) mobile home
spaces. Each toilet and lavatory, and each shower and/or bath tub, sha.Ll. be in a
private corrpartment e
2. Toilet facilities for men shall consist of not less than one (1) flush toilet
for every fifteen (15) mobile home spaces, one (1) shower aDd/or bath tub for every
ten (10) mobile home spaces, one (1) urinal for f5'lery fifteen (15) mobile home
spaces, and one (1) lavatory for every ten (10) mobile home spaces.
4. Each service building shall c cnt.ai.n at least one (1) slop sink for .men and
one (1)' 1op sink for 'women, each 1
~ s.i 0 cated in a separate corrpartme nt ,
SECTIeN VI SEWAGE
Al'JDRSFUSEDI SPOSAL
1. Waste from showers, bath tubs, flush toilets, urinals, lafatories, slop sinks
and laundries, in service and othe r building s wi thin the park sha 11 be dis-
charged into a publi c sewer syste min complieance with applicable codes and
ordinances or into a private sewer ani disposal plant or septic tank system
of arch construction and in such manner as approved by the state Board 0 f Health.
2.Tbe sewer system in each mobile horne space shall be connected to discharge the
mobile home' waste into a public sewer system in compliance with applicable
codes and ordinances or into a private sewer and disposal plant or septic t.ank
system of such construction and in such na me.r as approved by the State Board
of Health.
SECTIONVII GARBAGE
F..ECEFTACLES
Every park shall be equipped at all tarne s with fire extinguishing equipment in
good working orde r-, of such t:'Pe, size, and nu.mber and so located within the park
as to satisfy applicable reasonable regulations of the fire department.. No open
fires shall be permit.t.ed at any place w rdc h may endanger life or prq:Jetty. No
fires shall be left unattended at any time.
It shall be the duty of each mobile home park owner or operator to keep a register
containing a record of all mobile home owners and cc cupant.s located wi thin the
park. The register shall contain the f-)lloiing in formation:
The park shall keep the register available for inspection at all times by Iaw
endorc ene nt officers, public health officials, buildi~g inspector, and other
officials whose duties necessitate acquisiti en of the infoJ11i1lJ.ationcontained in
the register. The register record for each occupant registered shall not be
destroyed for aperiod of t.hr-se ·years f'o.l.Lcwi.ngthe date of departure of the
registrant from tne park ,
SECTIONX SUFERv"I
SIaN
The owner or operator, or a duly authorized attendant or caretaker, shall be in
nRDINANCE NO. 169 - continued
charge at all tames to keep the nobile horne par-k, its facili ti es and equi.pmerrt in
a clean, orderly 8.J.'1d
sanitary conditi cn,
A.ny-person violating this or-en nan CB shall be fin Ed not less than 00 nor more
than $100 .00 for each 0 ff'ens e; and each day- such vi.oLatc.cn shall be permitted to
exist shall constitute a separate offense~
t.ra t. pe r-t.a.ins to mobi.Le hOD1e parks, whi ch is Sec t i.on G of Chapter 3} Ar-tIc Le 3-30
..4. t te st:
Ci t3T Clerk
ORDINANCE
NO. 170
-V:[HEFEi~S, after due notice as r-equ.i r-ed by Law , the Cit:;T Cou nc.i I, of Mcun ta in
HO"'Le, Arkansas, has hear-d all parties de ei z-i.ng to 1Jeh ea rdy. and has a sce rt.a.ined
t.ha t said pe ti ti011 was signed bJT mor-e than UNO thirds in ass e ssed va.Lue of the
ovner-s of real property vvithin said terri tor' 31, now, t.h erefore,
SECTI Ol~ 10 There is he reby e st ab.Li shed &1 impr cv emerrt district embr ac i ng
S~ -'-I
l /J-t-,~ 1 /? l\~rvl/l, -r ,SR-
-,......
.J",;J -.- 1/)1
,-r- SF: 1 /L~
---- --I " and all of~ t.h e.
,;j -I
for the purpose of constructing a saru.ta ry sewer system to serve th e prope rties
1/,]~thirl the district; to construct a 1JIJater distribution syst.e m to ser-ve the
property within th e bo un car-Ie s of the district; and to grade and prov i de for the
draining, g rave Ll i.ng and paving or surfacing,; including curbs am gutters, of
the stree ts and roads Loc at ed IN it hi.n the 1::oundaries of said, district, a II to
be constructed or ps r-f'or-medw i.t.h such materials and in arch rra me r- as is deemed
necessary or advisable by the Cornrnissioners to be elected for said district Or
as such Commissioners may deem to bs for the best interest of the district, in-
cluding cont racting for th e disposal 0 f the sewerage through the sewer-age collect ion
system and contract:ing for a source of 'water or othe rwi se providing for a source
of wa t.er either fran vd th i.n or fran vd, thout said district; and the cost thereof
shall be assessed and charged upon the real property above described.
Said district shall be known as lIifvater, Sewer, Street Paving and Curbing
Improvement District No.2 of Mountain Hone , Arkansa s ;" and Harlan Perry,
Phillip Jones, en d Ha 1 Bodenhamer are hereby named commissioners, who mall
ccnpose tbe Board of Improvement for ssi.d district.
SECTION2. This 0 rdinan ce shall t eke effect ani be in force fran and
after its passage.
APPROVED:
/ s/ Dale A. Berke
Act. Ci t-y Recorder
ORDINANCE NO. 171
WttEREAS, after due notice as required by law the City Council of the
City of Mountain Home, Arkansas, has heard all parties desiring to be heard,
and has ascertained that said petition was signed by two-thirds (2/3rds) in
assessed value of the owners of real property within said territory; now,
'1'HEREFO.R..L,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF MOUNTAIN HOME,
ARKANSAS.
for the purpose of purchasing the scnitary sewer system and facilities constructed
by Sewer Improvement District No.1 of MOlli~tainhome, Arkansas, constructing ex-
tensions to the sanitary sewer system to serve the ?roperty within the district;
to relocate end construct a sewage disposal plant and facilities, either within
or without the boundaries of the district, as mah be deemed advisDble.i to construct
extensions to the wat er system to serve the property within the boundaries of the
district and to provide a source of ~ater supply for said system Beyond the
boundaries of the district, if deemed necessary, all in such manner and with such
materials as the commissioners + be elected for said district may deem to be
the best interest of the district, and that the cost of such L~provements,
above any aid receivei from any agency of the r'eder al , State, or County ~o,reJrrune:tlts,
be assessed and charged upon the real property above described as benefits
Said District shall be known as Water ~nd Sewer ImDrovement District
No. 3 of Mounta in Home, Arkansas, and George Lane Keete~, WaJrne Dickerson
end Jiwmy Horton are herety named Gommissioners who shall compose the Board
of Cowmissioners for said District.
W
f~ROVED: ,
7
!... )~
'
~rd Fair
ATTEST:
Whereas, a petition was duly filed with the ~ity Council of the City of
Mountain Home, A kansas, on the 11th day of November, 1963, asking the City
Council to vacat~ a nd a bandon all that portion of the alley between lots 3
and 12 designated on the pl~t of the Mooneys Addition to said city, now ap-
pearing of record in Plat Book 3 at page 147, in the office of the Recorder
of Baxter County ~
Whereas, after due nO~lces as required by law, the Council has, at the
time and place mentioned in the notice, heard all persons desiring to be
heard on the question and has ascertained that the alley or the portion there-
of, hereinbefore described, has heretofore been dedicated to the public use
as an alley herein described; has not been actually used by the public gen-
erally for a period of at least five years subsequent to the filing of the
plat; that all of the owners of the property abutting upon the portion of
the alley to be vacated have filed with the Council their written consent to
such abandonment; and that public interest and welfare will not be adversely
affected by the abandonment of such alley.
Section 2.' A copy of the oralnance duly certified by the town recorder
shall be filed in the office of the recorder of the county and recorded in
the deed records of the county.
Section 3. This ordinance shall take effect and be in force from and
after its passage.
AYt'.H.CJVED:
ATTEST:
That part of the WW~ SE~ of Sec. 4, TVW. 19 N., Range 13 West, described
as follows: Beginning at the intersection of Hogan Creek with U. S.
Highway No. 62, in the center of the bridge, rlL~ thence North 36.5 degs.,
568 feet to the ~~ corner of the Adkins tract; run thence North 63 degs.
E. along the North line of the right of way of Highway No. 62, 225 feet
to the ~llicorner of the Thorn tract for a beginning point; From point
of begdrmdng min N. 72 degs. W. to a point this being a corner of the
Lahar tract, and 480 feet more or less from W. line of the forty; run
thence in a ~~ direction along Lahar boundary and parallel to Highway
No. 62, 190 feet to a point; run thence N. 90 degs. E 94 feet to a point;
run thence S. 72 degs. E. 261 feet to a point; run thence N. 63 degs. E.
67.5 feet to a point; run thence Southeasterly 205 feet along the South
line of Lahar property to the <Nest boundary of Hi.ghway No. 62, run thence
Southwesterly along Highway No. 62 to the point of beginning.
THREE COPIES OF THE 3""ID AMENDMENT TO ORDINANCE NO. 163 ARE FILED IN THE
OFFICE OF THE CLERK OF THE CITY OF MOUl'iiTAINHOME, ARK.ANSAS.
APPROVED:
ATTEST:
AN ORDINANGE tOR T8..E PURPOSE OF VACATING A ST~T 0:(; ••:"LLEYItf TH.t:; CITY
OF MOUNTAIN HOME, ARKANSAS~
Whereas, a petition was duly filed with the Gity Council of the City of
Mountain Home, Arkansas, on the 6 day of April, 1964, asking the City Council
to vacate and apandon all that portion of the street designated on the plat
of the College Heights Addition to said city, now appearing of record in Plat
Book 3, page 126, in the office of the Recorder of Baxter Gounty, Mountain
Home, Arkansas.
Whereas, after due notices as required by law, the Council has, at the
time and place mentioned in the notice, heard all persons desiring to be
heard on the question and has ascertained that the street or alley or the
portion thereof, hereinbefore described, has hereto~ore been dedicated to the
public use as a street or alley herein described; has not been actually used
by the public generally for a period of at least five years subsequent to the
filing of the plat; that all the owners of the property abutting upon the por-
tion of the street or alley to be vacated have filed with the Gouncil their
written consent to such abandonment; and that public interest and welfare will
not be adversely affected by the abandonment of such street or alley.
Section 3. lhis ordinance shall take effect and be in force from and
after its passage.
APPROVED:
ATTEST:
AN ORDINANCE FOR THE PUF..POSE OF VACATING A STREET OF.. ALLEY IN THE CITY
OF MOUNTAIN HOl,iE, ARKANSAS.
Whereas, a petition was duly filed with the City Council of the city of
Mountain Home, Arkansas, on the 10 day of March: 1964, asking the City Council
to vacate a nd a bandon all that portion of land lying between the East 103.5
f~et of Lot 13 and Lot 2 in Mooney's Addition to the town of Mountain Home,
Arkansas, as shown by the recorded plat thereof, in the office of the Recorder -
or Baxter County, Mountain H01ll8,Arkansas
Whereas, after due notices as required by law, the council has, at the
time and place mentioned in the notice, heard all persons desiring to be
heard on the question and has ascertained that the street or alley or the
portion thereof, hereinbefore described, has heretofore been dedicated to
the public use as a street or alley herein de~cribed; has not been actually
used by the public generally for the period of at least five years subsequent
to t he filing of the plat; that all the ovner-e of the property abutting upon
the portion of the street or alley to be vacated have filed with- the Council
their written consent to such ab~~conment; and that public interest end welfare
will not be adversely affected by the abandonment of such street or alley.
That portion of land lying between the East 103.5 feet of Lot 13 and Lot
2 in Mooney's Addition to the town of Mountain Home, Arkansas, as shown
by the recorded plat thereof.
ATTEST:
i,·r:q~P
..E'.I\S, t.hs Cit~r Council of I10nntain Home, Arksnsas , deems it necessary to
pas s an or-d inanc s r o'lir;"1g ptr~rs, Fith"in the City limits, to take
proper staps to prp~rcnt the sDill~ge of trash in order to nro~ote the health,
and , ard r-r-ovi.ds a for its
iriolation;
Sec t.i.on L, That 211 trash haulers T,1Ti thin the City of I'·Tou11tain Home,
Arkansas, shall properly C0vcr their hauling vehicles, or take other steps
to prc:'JT,rent t.he sr")illagc, of tr~sh and Li.tteri~g ur-on t.he Ci streets.
Section 5~ That. all Cr-di nanc es or parts of Or-d'irianc s s c onf'Li.c t.ing ":"1
the provisions of this Ordinance are hereby repe21ed insofar as the same
affect thjs Ordinance.
Section 6 That. this9 Ordinance shall take effect and be in force from and
after its passed~
APPRO'ilFD:
TlL4T,
This Ordinance shall takp effect 2na be j_r forcp fro~ and after its
A?FRDVFD:
A.ttest:
/s Pete Shir2s
-'ity3ecorder
':\T/"l
~J .J •
-!}IE'Q?AS, J~ct No, 128 of the Act.s of t.h= General Assembly of the State
01 Brkansas lor -~c~
n, ' n
~~~j
r~1 t..n- 7' 1'''0 "I
~(Ll-uLL-----i~-O~0--RrK~ 0~al,S~ hnnOva~ea)
t' ,\ 0' L
aucnorlzes , J' •
any t,\,'TO or more ~unicip2.1i ties to make such G,;:rPEment or agreern.ellts as they
may deem nec es s s ry for the joint acqu i s i t.i on arid operati:Jr of airports and
navigation facilities;
Ramey, Jr., are herpby apDointed as the ~embers of the D~in 12kes ~~lni-
cLpaL . r~irport Board to s er-ve until th_eir successors h?\re een n t.ed
anu que Li.fi.ed,
Section 3" Tbat thr:: lV~?3Tor aTICl t.rie Cit.y Recorder ar= a.uthorized
and directed to execut.e the joint agreement 1,~ri.th the TO'I'TL of Gassv i Ll e and
the T01,'Tl1 of Cotter, a copy of vlri.ch Agreement, pr-ovid ing for the joirltl~f
acquired, own ed, arid controlled airport shall be f i Lsd 10Tith the City~ }1ecorder~
Section Lr.e This Ordinance shall take effect and be in force from and
after its pass2geQ
------'--"'---'----------
ATTEST:
Ci t~l Recorder
,...., ,- -----,.. ... --
131 ,'_-':
.; '~-./
,'" i : '
....L ',-"....!.... __
',0"17
,.I..L_'_
"'-'-'1"'7
./...:... 1_-
sn
.C'.L.
to S'Ci2CS
rc'·"Storc's in
T112c:tres
Jseo J~r
~ Jsa1sTs
Bariks , Lo-?n
DeTlt:::,1
pts, nn
~~to-etTist, ~hironr2ctors
t.hi s
~(ecorder
·OR:D:r:rTAN8E if 180
AN ORDI1ifANCE M1ENDnm ORDINANCE NO. 163 -VUTH REFERENCE TO ZONING \,\IITHINTHE CITY
LIMITS OF THE CITY OF. MOUNT_lIINHOI'ffi,
ARKt'INSAS, RELATIVE TO CHANGING AREA ZONED
AS RESIDENTIAL TO C011MERCIAL C-2.
1. That upon proper petition by the property owner-s requesting said change in
the zoning, to-,,:ri
t: Change of Residential zoning to Cormnercial C-2 zoning;
That said petition was given to the Planning Commission of the City :!DfMountain
Home, Arkansas; That notice of said request was published in a paper having
local circulation as is required by Ordinance No. 163; That a public hearing
was held on the 9th day of April, 1964, and no remonstraces were filed or heard.
1. 1. That part of the NWt SEt of Sec. 5, Twp. 19 North, Range 13 West,
described as follows: Beginning at the NE corner of the W"Tt SEt of
Sec. 5, run thence South along the East line of said forty, 200 feet
to a point, thence West parallel ~:riththe North line of said forty,
115 feet to a point; run thence in p Southwesterly direction ina
straight line 134 fpet more or less, to a point on right-of-wey line
of said Highway no. 5, which point is 286.5 feet Northwesterly along
said right-of-way line from the point of intersection of said right-
of-way line and the East line of said forty; run thence NortmT<'"sterly
vuth said right-of-way line 418.5 feet, more or less, to the North line
of said forty; run thence East to the point of begiP~ing. Submitted by
irly 10 Dyer.
2. That part of the NWt SEi and that part of the swt NEi, Sec. 5,
Twp. 19 North, Range 13 West, described as follows: Beginning at a
point on State Highway No. 5 where the North line of Florida Cantrell
properN intersect the v.Jestright-of-way line of State Highway No.5,
run thence in a Northerly direction with said Highway right-of-way
line 500 feet, more or less, to the point where the North line of the
Neil Nelson tract intersects State Highway No.5; run thence in a North-
l·resterly direction along the Nroth line of the Neil Nelson tract a
distance of 400 feet more or less to a point, run thence in a South-
easterly directionaand parallel to the right-of-way line of State High-
lifay,to a point 50 feet vlest of t he Northwest Corner of the Florida
Cantrell tract; run thence in an Easterly direction parallel to and
extending along the North side of the Florida Cantrell tract, 350 feet,
to the point of beginning. The above lands being Tract "A" and Tract
!lBIland a part of Tract !lC" of the original survey of Broadmoor sub-
division. Submitted by Neil Nelson.
ENACTED MARCH 15, 1965, AND DECLARED OPERATIV? AS OF THAT DATE. THREE COPIES OF
THE SAID AI'1ENDHENT OT ORDDJJl}'TCENO. 163 ARE FILED IN THS OFFICE OF THE CLERK OF
THE CITY OF }10UNTAIN HOll1:E"ARKANSAS.
Mew J~p./
Delores Tapp, ~er
.AN ORDINA..T<ICE
AMENDING ORDnrANCE NO. 163 i\7J:TH
REFERENCE TO ZONING ·h7J:THIN
THE
CITY LHlITS OF THE CITY OF MOUNTAIN· HOME, ARKANSAS, RELATIVE TO CF...ANGING
AREA ~ONED AS RESIDENTIAL TO CO~1ERCIAL.
1. A part of the SEt SEt Sec. 8, and ~ part of the 1'JE%NEt Sec.
17, T~ml 19 North, Range 13 West, described as follows: From the
sec. corner bptuE'pn sections 8,9,16, and 17 run South 88 deg.
35' 15!! \:Test along sec. line between sect"ons 8 and 17,259.34'
to thp To/estright-of-Tt:rayof U.S. Highvay No. 62; Thence South
19 deg. 39' 301l East, 9.85' along said right-of-1-Tay to the riLac e
of beginning (This Doint being 2501 fro~ the ~~ corner of King
propert7 bpfore 1955) ; Thence North 63 deg. 6' 3011 vTest 95.811
along the South line of Gregg pronE'rty to th'" East line of Hinsley
property (This po i rrt being 2331 from t'!P North L,ne of King
pronerty before 1955); Thence South 19 deg. 39' 30n Hest:1.75'
to the North right-of-Hay of T'l"deStreet thence South 53 deg.
39' #OV! East, 99.17' along the lIest right-of-1,ray of U. S. High-
way No. 62 to the point of beginning. Submitted by Kenneth Cooper.
~[8EREAS the City of Monntain Home proposes to construct a natural gas distributio~
system and its related facilities to seAve the Citv; and
Trihereasthe Counc i 1 has considered t.h= question of t.h= operation and mainten-
ance of the system and its related facilities; and
HHE'1EAS there has been prepared and subnri tted to t he Council an agreement and
lease, which instrument the Council has examined.
Section 1. That the Council finds that it is to the best interest of the City
that the City lease to Arkansas k'JesternGas Company the proposed natural gas
distribution system and its related facilities upon the terms and under the con-
ditions as more fully set out in the proposed agreement and lease.
Section 2. That the Council finds that it is to the best interest of the City
that the Cit3T grant to Arkansas Western Gas Company an option to purchase the
said natural ga~ distribution system and its related facilities upon the terms
and under the conditions more flJ.llyset out in the proposed a '!recment and lease,
and that the said option to purchase be incorporated into the said proposed a-
greemtnt and lease.
ATTEST:
160
ORDINANCE # 182
.An ORDINANCE ASSESSING THE BN\)'"EFITSTO BE RECEIVED BY THE OHNERS OF EACH OF THE
SEVER.AL LOTS, BLOCKS AND PARCELS OF LJlND \':ITTHIN 1rJATER, SEHER, STREET PAVING AND
CURBI'JG T'PROVE]\i[ENTDISTRICT NO. 2 OF HOlTIlJTAINHOvIE, ARKA]\TSAS.
l-Th'"EREAS,
a majority of tvTO-thirds in value of thp pro.,erty owner-s owrring pr-oper-ty
adjoining the locality to be affected and si.t.uat.ed in \ITater,SeHer, Street Pav-
ing and Curbing Improvement District No. 2 of ~~untain Home, Arkansas, organi7ed
for the purpose of making the improvements as set out in the petition have
petitioned the City Council of the Ci~T of Mocmtain Home, Arkansas, for the
construction of s aid i"npro\lpments, and that the cost t.hereof shall bp assessed
upon the real prope+tv of said District according to th", benefits recei\lFd; and
vfBEREAS, said benefits received by each and e\lery lot, block and parcel of
real property situated L~ said District equals or exceeds the local assessment
thereon; and
NOH THEREFORE, BE IT OP..DAHfEDby the City Council of the City of Mountain Home,
Arkansas:
Section I. That the said several lots, blocks and parcels of real property
in said Water, S~ver, Street Paving and Curbing Impro\lement District No. 2 of
Hountain Home, Arkansas, be assessed according to the assessment list for said
improvement district as the same now r-emaans or may hereafter be changed in the
in the office of the City Recorder, and that five percent (5%) of the assess-
ment of each of said lots, blocks and parcels shall be collected ~Jtbe County
Collector on or before the 1st day of August, 1965, and five per cent (5%) of
the assessment shall be collected rrrth the first instalLment of the general
taxes becoming due in 1966, and fi\l8 per cent (5%) of the assessment shall be
collected annually therea:ter rnth the first installment of the general taxes
until the whole of said local assessment shall be paid.
Section 2. This ordi.nance shall take effect and be in force from and after its
passage.
ATTEST: APPROVED:
159
#
ORDINANCE 184
ltJHEREAS,a petition was duly filed with me City Council of the City of
Mountain Home, Arkansas, on the 13th day of April, 1965, asking the City
Council to vacate and abandon all of that portion oJj street lying and
being situated between Church Street and U.S. Hi&J:lwayNo. 62 in College
Heights Addition to the to1,m of Jl.fountain Horne; said street to be abandon-
ed being bounded on the North by Blocks 23, 24, and 25 of the said College
Heights Addition to the town of Mountai..n.Home, Arkansas, as shown by the
recorded plat thereof, in the office of the Recorder of Baxter County,
Mountain Home, Arkansas.
vJHEREAS, after due notices as reouired by law, the council has, at the
time and place mentioned in the notice, heard all persons desiring to be
heard on the question and has ascertained that the street or alley or the
portion thereof, hereinbefore described, has heretofore been dedicated to
the public use as a street or alley herein described; has not been actually
used by the public generally for the period of at le?st five years subse-
quent to the filing of the plat; that all the oe~ers of the property abut-
ting upon the portion of the street or alley to be vacated have filed ~~th
the Council their i,rritt~n ccn s=rrt to such abandonment; and that public in-
terest and 1iTelfare ~,-ill not be adversely affected by the abandonment of
such street or alley.
NO'0T THE...BEFORE,
BE IT ORDAIN"Rn
BY TIlE CITY COUNCILOF THE CITY OF }fOUNTAIN
HQ}1E,.&."tKANSAS.
That portion of land lying and being situated between Church Street and
U.S. Highway No. 62 in College Heights Addition to the town of Mountain
Home; Ar-kansas , as shown by the recorded plat thereof"
Section 3. This Ordinance shall take effect and be in force from and
after its passage.
PASSEDANDAPPROVED:June 7, 1965
ATTESTED: APPROVED:
ORDINANCE NO. 185 page 1 of 2
AN ORDINANCE STJBJIlIITTING
TO'JHE VOTERS OF TID' CITY OF MOUNTAIN HOME, _ARKANSAS
THE Q1JESTION OF vJHETHER IT HILL ISSUE GAS TRANS1ITSSION P,ND DISTRIBUTION
SYSTEM REVENUE CONSTRUCTION BONDS n~THE A]\10lJNT OF $1,535,000 FOR THE PUR*
POSE OF CONSTRUCTING TRANS~SSION LTIifESATIID A DISTRIBUTITION SYSTEH FOR
NATURAL GP3 TO SERVE THE BITY OF J'.10UNTAIN HOME, AliKANS.AS:PRESCRIBING OTHER
HATTERS RELATING THE:lFTO: AND DECLARnm AN FMERG':iNC""i.
Whereas the City of Mountain Home, Arkansas does not have transmission lines
and a distribution system for natural gas to serve the inhabitants of the
City, and it has b~en determined that the best interests and welfare of the
inhabitants wouLd be served by the construction of the aarne ; and
1r[rIEREASthe City do es not have funds available for the purpose and it 1,rill
be necessary to issue and sell bonds dlf the City to obtain funds, which the
City has the legal authority to do.
YEAR A.MOUNT
1967 $ 25,000
1968 25,000
1969 25,000
1970 24,000
1971 23,000
1972 70,000
1973 73,000
1974 74,000
1975 78,000
1976 82,000
1977 85,000
1978 88,000
1979 93,000
1980 97,000
1981 102,000
1982 104,000
1983 110,000
1984 115,000
1985 119,000
1986 123,000
The bonds are to be sold for the purpose of constructing transmission lines
and a complete aistrlbution system for natural gas to serve the City of Mountain
Home and paying expenses and making expenditures incidental thereto, with the
bonds to be issued at one time or in series from time to time as subsequently
determined.
Section 2. That the Question be placed on the ballot for the special election
in substantially the folJoving form:
Vote on mepsure bv placing an "X" in the scuar-e above the measure either
for or cagainst:
For the issuance of bonds
·················
..·····u
Against the is~uance
of bonds
o •••••••••••••.•.••.•.•.•.•.•.• n
It is proposed to is ue not to exceed $1,535,000 in principal amolmt of
negotiable gas transmission and distribution system revenue construction
bonds, to bear interest at a rate to be determined by the Council, payable
serially on September 1 in each of the years 1967 to 1986, inclusive, for
the purpose of constructing transmission lines and a distribution system
for natural gas to serve the City of 1-1ountainHome, Arkansas and paying
e~enaes±and m~ldng exp~ndit1).res incidental thereto, irliththe bonds to be
ffi[n~a.alto!~ ~ttitegpl~e~etb~t iBr~h~~e~ time as subsequently deter-
page 2 of 2
ORDI'TANCE NO. 185
a majority vote is cast in favor of the issuance of the bonds for said pur-
poses, the City of Mountain Rome "~ll lease the said transmission lines and
distribution system to Arkansas Western Gas Comnany, which lease ~nll grant
to Arkansas Western Gas Company an option to purchase the said transmission
lines and distribution system.
Section 3. That the election shall be held and conducted and the ~ote thereof
canvassedcnd the result declared under the law and in the manner now provided fOT
Municipal elections, and the Mayor of the City of Mountain Ro~e is hereby author-
izedcnd directed to give notice of such election by an advertisement published
weekly, once a week for four (4) times in a newspaper having a bona fide circu-
lation in the City of }lountain Rome, the last publication to be not less than ten
10) days prior to the date of the election, and only qualified voters of the City
of Mountain Rome shall have the right to vote on said question.
Section 5. That the result of th"" election sha'l be proclaimed by the Hayor,
and his proclamation shall b"" nublished one time in a newspaner having a bona fide
circulation in the City of Hountain Rome, and his nroclamation shall advise that
the results as proclaimed 1~11 be conclusive unless attacked in the courts vdth-
in th~rty (30) days after the date of such proclamation.
Section 6. That a copy of this ordinance shall be given to the Baxter County
Board of Election Commissioners so ,that they may Drov~de the nedessa~J election
officials and supolies.
Section 7. That all ordinances and parts thereof in conflict herewith are here-
by repealed .•
Section 8. That the pr-ovi.saons of this ordinance are separable, and in the event
that any section or part thereof shall be held to be invalid, such invalidity
shall not affect the remainder of this ordinance.
Section 9. That it is hereby ascertained and declared that the lack of gas
transmission lLnes and a distributio~ system for natural gas to serve the inhabi-
tants of the City of Mountain subjects the City and the property therein to
greater fire hazards and greatly endangers the lives, health and property of the
inhabitants, and that the construction of gas transmission lines and a distri-
bution system for natura~ gas, which is immediately necess8~J in order to protect
and preserve the livps, health and property of the inhabitants, can be accom-
plished only by the issuance of bonds. It is, therefore, declared that an
emergency exists and this Ordinance being necessary for the immediate preserva-
tion of the public peace, health and safety shall be in force and take effect
iromediately upon and 8'ter its passage.
ATTEST: APPROVED:
ORDINANCE NO. 186
Section 1. That the City of Mountain Home, Arkansas, enter into an agree-
ment and contract 1,,7 ith Ar-kansas-1elesternGas Comoany for certain engineering,
purchasing, accounting and riGht of way acquisition services necessary in
connection vuth the construction of a natural gas transmission and distri-
bution wystem by the City containing such terms and conditions as set out
more fully in the form of contract hereinafter suthorized to be executed.
This Agreement a nd Contract is executed this 9 day of July 1965, by the under-
signed Hunicipalitv (hereinafter referred to as nMunicipality!!), organized
under the laws of the St~te of Arkansas, and .Arkansas ~Testern G s Company
(hereinafter called l1Company"), an .Arkanscs Corporation, upon the premises
and in considerction o" the mutual convenants and arpements
',';
here:Lnafter
expressed, to-lc"'it~
V,JHEl1.E.AS,
it is deemed to be to the best interest of thp Municipality that
every effort be made to secure natural gas services for its inhabitants and
rural areas adjacent to same;
vffiEREAS,it has been determined that the most feasible method of obtaining
such ser\~ce is through the issuance of revenue bonds to finance construction
of said system a nd the entering into an agreement with the Arkansas irIestern
Gas Company covering the operation, lease and sale of such transmission
and distribution system; and
1. .All fees and expenses incidental to the sonstruction of thp gas system
and issuance of bonds 1,-rill
be paid from the procpeds of t he bond issue.
2. The Company ~~ll secure the rights-of-vay and settle the damages in-
curred, for mhich the M~nicipality ~~ll pay to the Comnany its actual
costs, including its exPenses in connection the~,nth.
6. The Council "ull meet, pass all ordinances, call elections, execute
all leases and agreements, and take all other action nec"'ssary in cooper-
ation lNith the Company to secure the expeditio:s icsuance of bonds and
construction of the plant.
CITY OF }10U.NT.AI1'if
HO"'F',ARKANSAS
/Q
By {
'-"':
ATTEST:
lmKANSAS 1tJFSTE1.lN
GAS COHPJ,NY
BY-.......,,::--.......,,---:::::---,::--:-----:::--------
Charles E. Scharlau
Vice President
Section 3. That the ¥~yor and Rocorder of the City of Mountain Home be,
and they are hereby, authoriz~d and directed to execute in the name and
on behalf of the City of Mountain the a6reement and contract in the form
as herein authorized, ~nd to deliverne instrument when so executed to
Arkansas 'Hestern Gas Comoany ,
Home subjects the City to sre~ter fire hazards andgroatlv endangers the
life, health and DroDPrt'r of the inhabitants thereof, 2nd that it is nec-
essarythat t.he City of Mountain Home, Arkansas, immediately construct a
distribution system for natural gas to protect and presrrve the life,
health and property of its inhabitants, and that only by this ordinance
can said system be immediately constructed and put into pperation. It is,
therefore, declared that an emergence exists and this ordinance being
necessary for the i~~ediate preservation of the public peace, health and
safety, shall take effect and be in force from and after its passage.
July 9, 1965
APPROVED:
ATTEST:
~~ Vdjo/,v
Delores TaPp, Recorder
ORDINANCE NO"
of MOUl1.tain ~ Arkansas ;
2L )
y~'?;:,~for the rentals, under the provisions of lease, and with
following form:
AGREEMENT TO LEASE
- 2 -
and not needed to pay the cost of the improvements shall be
used to call and redeem bonds at their par value, and the
bond~
ments for a period of twenty-one (21) years from the date of the
completion of improvements.
of this agreement.
- 3 -
(e) Municipality shall keep and maintain, or cause
reasonable times.
-4 -
- ;.'
(Mountain Home)
-5-
1,
aIU0U11t
cost construe
as araeunt;
amount
all1Lount.
anount are
to
m::01J.ntneces to
or
or on
not~
(2). If at any time while any of the bonds
which are then held in the Bond Fund and are in excess of
expenses and charges of the Trustee and Paying Agent and all
Company.
- 6 -
(c) Basic rent shall be paid to Municipality by
the same directly to the Trustee and Paying Agent in the case
paYment thereof.
until paYment thereof has been duly provided for, the basic
- 7 -
.·'.1
(2) Damage to or destruction of the improvements
or status;
whatsoever.
such default shall continue for thirty (30) days after notice
~8 -
additions, extensions, or alterations which have been made a
- 9 -
issued for the construction of the improvements, plus (b) any
and discharge all of the said outstanding bonds and any other
the Company.
- 10 -
12. In the event Company does not exercise its option to
excepted.
manner provided by, and subject to, applicable laws then existing,
title to the improvements either (1) free and clear of all liens
j ect to the then balance due upon the bonds and of any other
14. Either party hereto may waive its rights with respect
- 11 -
15. Any written notice, demand or request required or
such person may be changed at any time and from time to time
by similar notice.
improvements to Company;
- 12 -
18. It is agreed that the Municipality and the Company
shall not alter, modify or. amend any of the terms of this
the Trustee for the holders of the bonds, which consent will
its corporate name and its corporate seal has been affixed
Attest:
- 13 -
ACKNOWLEDGr.1ENT
STATE OF ARKANSAS )
COUNTY OF wad,;:.,,/&..- j ss
o
On this :21/ day of ¥ , 1965~ before me, a
__~~~~~~f~aA~/~~~~~~~~·~t?J.~t?~/~~.~J~~~,~~.~~
, President and
Secretary, respectively, of Arkansas Western Gas Company,
Notary Public
My commission expires:
th4c-rA If IY?Y
- 14 -
ACKNOWLEDGMENT
STATE OF ARKANSAS )
COUNTY OF &:t;- ~ ss
On this 7.?
a Notary Public duly
day of #-
cOIDm1ssioned,
, 1965, before me,
the
- 15 -
Section 3.. That the Mayor and Recorder of the
PASSED: <7
c;d) .
~+- JI, -'-'1e)/
«p!.yr,Ji-UL.
,1 A
, 19_6_5__
APPROVED:
ATTEST:
litJwv1/7 {)Wp'
(SEAL)
C E R T I F I CAT E
The undersigned'~~~er of
---------- ,
Arkansas, hereby certifies that the foregoing pages numbered
(SEAL)
C:JSTIUCTICl) OF G' S TR.,o (lJSTIIS SICfT LIIFS
DISTRIBTJTIO':T ,sYSTSi\"j FO~ l\lAT"U3.LL G.[S TO 5ERi,rs THE CIT~{ OF l·I:JTJITT.PIl-J HOT- m, 1
'in:rH";TV?jS
by Or'di.nan ce duly passed on the"" 9th lay of July, 1965, there teas sub-
mitted to the cU21ified electors of the City of' J'bmtain HOT"1e, J!,rkans2s(here-in
called ll11unicipali tyll) the oue st-i on of whet.her it shou'l.d Ls sue Gas Transmission
and Distribution S7stem Revenue Construction Bonds in the a-ount of 535,000,
for the pnrposE" ofconstr'lct-inc;-:zas trcms~isC"io;: linps =nd 2 distribution syste"1'1
f'or nat.ur-aL gas to serFp tho H1J.n~~ciDalitv; and
j-IT-IFT-tF,·.S due notice of thp =Lect.i on I,ras v=n as rerlircrl b-r len·'"2nd thet :01. s:oid
election \,"ot~s i,-re2-'C 8PS"G i~'1 f'avor- of s ei.d oond isc>J,s and 31 votes T·-Cf-'Tr-:-C2St
aaa.i.ns t lv; and
'-4-
'}j"::=:,cj:3 'THECcunca.L of thr lium c i pal i t.v hE5 determined t::! const.r-uct, gas tr2ns-
missionlines and a co~plete distribution
under thp pr-ovi.s i ons of Act ITo 71 of the 0 cts of t.he GSll.eral
as and has caus ed to be
filed uith the Recorder by a d.11.1y qua Li fi ed engineer, chosen by the Council,
plans and specifications for, and an estimate of the cost of, the gas trans-
mission lines and the ges distl'-'ibuti'::rn sys t.ern; and
i1HERKSsuch 'plans "provide for the con st.r'uct.i.on 0 f gas transmission lines from
a point at or near 110untain Home, Arkansas into the I'Tunicipali and a complete
gss distribution system consisting in general of gas distribution lines, in-
cluding meters(called l1Droject )j and
ll
',0:'-JJi,:r:'.AS TI-n'~
i!funicip? li tv has pntered into 8 contract "i th 1'. J. 'I'aney IS:: Sons,
Little Rock, Ar-kansss for the sale of 285, oeo of Sprios Bonds at thE' pr-i.ce
of par for bonds bearin~~ interest at the rate of Lt% per annum, and accrued
interest to date of delivery; and
CJF[ER~~j\S the Council has leased. to Ar-kansas \-Iestern Gas Company for a tf"rm of
tVTenty-one (21) years, Fith an option to purchase, the project for rentals
and a pruchase price sufficient to Day the bonds in principal and in-
terest, as they mature~
Section 3. (a) 'I'ha+ under the aughor Lty of the Constitution and Lava of the
State of Jrl:~ans2s, particularly cr. No, 71 of 19119, as a"1E"nded,Gas Transmission
and Distribution Svste'1l Revpnue Construction Bonds of the }'JI1micipalit"y arc here-
by authorized and ordprpd issued in the total unconv er+ "'d principal Elmomt of
One ~,Iil1i(Jn Hundr-ed Thous and Dol1?rs ( .S3),C{iO.CO J he -oT'D-
the ~0nds of a P2rticu12r soriee are ir-tendod thp rOlerencc shall to thE"
particul;::rseries, such as !1$eries Bonds.
1967 1 29 9,000
30 r:::o
-,,'/ 30,000
1969 89 30,000
90 120 31,000
r"
1971 -r
J..C-L
- 153 33,000
1972 - 21 c:; 62,000
1973 216 - 279 hLr,ODO
197Lr
lQ7C:;
2:10 3),6 - 67,000
_/ 1,- 3 7 - )-,15 69,000
19 2:16 6 71,000
1977 7 558 72,000
""'(0
19 j// 633 75,000
1979 63h - 710 [7,000
19;30 711 - 790 80,000
1981 791 873 33,000
1932 B7L - 960 87,000
1983 961 -1051 91,000
198h 1052 -llLS 9).+,000
1985 Ilh6 -1243 98,000
1986 12hLr. -13h5 102,000
(c) The City reserves the right to issue additional series of bonds from time
to time subject to co~pliance I· ithall of the conditions of theis Section 3 (c) with
T
all such bonds issued under- and secured the pr-ov i eti.cns of this ordinance to
rank on a parity of security 1.rith all other bonds theretofore or thereafter
issued under and secured by the Drovisions of this ordinance. The additional
bonds shall be issued in deries ,critheach series to bp desicmated in a Lohab=td ca'L
orde1~beginning ;:dth Spries l1Bl1. Interest on the additional bonds shall be
p2yablp on of years 28 shAll O? 2uthoriz-
00 c i'.Thi--;h. 811.211 set for l..
! 811 dpt?i13 cone
the:-b01,c18, _ certi:i<'r3cae-'Tof ",hi:;]; Ordin?n:;p o-hal1 b·" filed Fith
the Trustee lJriC)r to thr- iSQUarl(;p and 2n~\T such ?cl.'1-·i
tion.~l bonds, T"r~~n
__
+her= .sh211h2v",·been f i Lsd TTiththe Trustee a certifipd CODy of thp SupDlenental
()rdi~ance a nd an opiru.on of coun s el, satj_sf2et,or:T to th.r' Trust.::!? ClYl"')roITirl? the
additional bonds of thr ~eri~~ thpn proposed to bp iS~lled, the Trustee shall
authenticate the additional bonds '-hen executed and d plj_v<'redto it and the Trustc-9
shall deliver such additional bonds as provided in the SUD01emc:ntal Ordi"'ance.
Spction L.. That the bonds shall 'oeexecuted on behalf of the Hunicipality by the
Mayor and Recorder (vQth either the facsimile or manual signature of the }~yor and
with the manual signature of the Recorder) and shall havo impressed thereon the
se31 of the HEJ.licipality. Interest coupons attanhed to epch of the bonds may be
executed by the facsimile signature of the l1ayor. The facsimile signature shall
have the same force and e·rf"ct as if he had personally signed each of Scid coupons.
The bonds, together ~Qth interest thereon, shall be payable solely out of the Gas
Transmission and Distribution Revenud Bond FQnd as hereinafter defined, and shall
be a valid claim of thel,olders thereof only against such fund and the revenues
pledged to such fund, which revenues are hereby pledged and mont.gaged for the eqi al
and ratable payment. of, and shall be used for no other purpose than to;8Y, the
principal of and interest on the honds. The bonds 2nd coupons shall not con-
stiture an indebtedness of the l'Iunicipalityvri.t.hi,n any constitutional or statutory
limitation.
page 3
Section 5. That the bonds and coupons shall be in substantially- the folloTtTing
IOl'"'m:
The bonds are issued pursuant to ann In full compliance with the Constitution
and laws of the State of Arkansas, particularly ct No. 71 of the General
Assern'olyof the StC't'"of' Ar-karis s.s for the v"'er IG ,as a'"'1ended, and pur-suant.
to ordinances of the Coun ci L of the 1'cIunicip;:;li ty duly a:JoDed, and in pur-suance
of an election du'l,v helr). at ,-Thichthe majority of t,hr- l"gal voters of the
}\IuniciDalit~r voting at s s i.d clpctio11 vot ed in fern-or of t.1'18 issuance of sr i.d
honds. The bonds are not genp~al obli;ations of the MuniciDC'lit~TJbut C're
special ob'Li.g at.i.onspaY2ble solely from the "TOSS r ev =nues from the T.'roj Fct,
an amount of the gross r sv enues s uf'fi.cd ent. to pay the principal of and interest
on the bonds as t.hp S2mp beco"'16due and payable has been duly set eside and
pledged as a special f'und for t.hat. p.rr-pose and ide·ntified as the HG2S 'I'r
an s-,
mission and Distribution Revenue Bond iI created by Jrd.inancs Ho. 187,
duly adopted and apnr-ov ed on the 20th day of September, 1965, under' wh.i ch This
bond is aut.hor-i zed to be issued, and in said Ordinance the::Hunicipality has
convenante::dand agreed to maintain rates for natural gas services which shall
be s~lificient at all ti"'1esto nrovide for the pa3rrqentof the principal of and
interest on the bonds as the S8me become due and payable, and has covenanted
ano a~~eed to provide for the creation of senatate depreciation fill~dsfor
necessarJT replacements to the project and to provide for the pa~nent of the
recsorlable expens es of oper8tion and m.aintpnance of +.hs eat.
ct 71 of lO
-/ and is
issued 1tTi th t.hc in.tent t.ha t t.b:2 subst.snt.Lve 12~\T or the State of Ar-kanaas shall
govern as to all ouestions of validity, interpretation and effect.
By vi.r t.ue of
the aut.hor-Lt.y
of ct No. 71 of 19l19, as 2mmded, there-is granted and
created a statutorJ mortgage lien on eh project to and in favor of the holders
T
of the bonds =nd to ,"wi in f2vor of the ho'Ld=r s of the coupons evidencing
tlle irlt~re:3t en t.he ~:Jonds, ;::n,j tl1c proj?ct shaI L rr"-'ltin s: ject to sue}':'
~;e liPD until the P2Tncn': in full of all o:~ thl? bonds , 1 and intFr-
shall have hc-n made.
-orr:Jeeeds deriiT2'cJ. frcym t~fJ,~ .:3plp of t~'l.-: bonds not rp()uirrd for the construction
of t11c: project and !0~\T DP c~11pd for rec1orrption pro.or to l~aturit=T, at tllt? opt.i.en
o f t.h= }''lnnicij?alit"'::T in, hoL> or Ln part,:hi inveY'-.~l? 11.1.!"""t?ric~1 9rde -., at D?'r
"t· .•.
~n'] accr-ued interect, on =ny int"'rpst peymsrrt dpt", out of sur-o.Lus re7pnues
derived froG thp opprptio~ of th~ croj~ct in th~ G?S Trpnsmis~ion ~nd Distribu-
t.Lon ?l..e,\TsnlJ.e Bond Fund in =xc es s of t11e a:~""o'.lrlt r~O'lired to P,?~T t}-l~ pr-Lnci.paL of
and interest on th", bends as they mature. On or after Sentember 1, 1970., the
bonds may be ca l.Led for redef4ttian nrior to m2turity at the option of the Huni-
cipali ,itl who.Le or in part, in in7"?rse numer-ics L order, at par end accrued
il1.terest on any- intpl~est pay+=rrt d2tp, T-rit,n f'unds derived f'r-cm an_:r 3~'LITCe, in~
cLud.i.ng tl-'JJ? l:)roceeds o£' 2,n~,;s2:"le of tllP pl'-'oject by the 1--Tunicipali priJr t.c
the final Y1rit )ri of the bonds, provided that in the case of the s aI e of the
1
projc:ct to t.he f'LneL rnaturit:;r of t.he bcnds , the f'unds derived fro:::l any
such sale must be used t.o call the b)ndsof this issue for payment. prior to
:rrla··t,uri~) tb.e first interest p2~ring date +her-ea fter whi ch comes on or after
September 1, 1970. Notice of the call for rede~ption shall be published by the
Recorder once a Heek for two "leeks in a newspaper published in the Ci of Little
Rock, J\rkansas having a general circulation thoughout the State of Arkansas,
T1..ng t.hs number and rflat-llri of sach bond CElled, tIle first pub l i cat.i on
1'-,(1 '0, c: ~+ 1(.:::23+
_ '...-' ~~" v ....L.,,~ ". c ~__ (l-l.-_"~1 davs or-i.
-V"l ft ~P~l'l
,-, -'- _..... t,0 +lie
I '-"'_"',/ ;" on dat.> and af't.er +",'_("1~
rc.l-l~rrin~ti _-..J.
_ C'l,i~
v..... -''J U ••.:..V _ ._' -,~,,_. "',:;' '--~c; " _u _"_ v..... '-"_"-
date fixed for redeMption, each bond S0 called shall c=a2~ to ~ear In
nro"Tide:1 funds for it" n27'"''''n+, ar"? on t Fi th the at t.hat. time. 0"
'I'hi s 'bond sha l L not l)p va Li.d until ac sha I l. have been sut.hent.Lcat ed th2 c-ert-
ificate hereon ed Trust~e.
crvn and manne-C'as rpl"!lir",d bv laF; that the indebteQnes,s rpnrosented by this
bond and th~ i~sup of ~~i~h it forms a part does not eY~cpd any constitutional
ar statutory limitations; and that suf'f'Lc i.ent. of th" inc:.)m? and r-evrnud vh i.ch
is deemed to be derived from the oneration of th0 nroject has been pledged to
and ;,.'ill 0'" set aside into t.hs Bmd Fund for t.h= naym<'nt of t.h= principal of
2nd interest ')11. the bonds.
INTITHC:SS ":THEIlEOF, the Hunicipality, H,S Council, has caussd this bond to
be executed lGS and Clerk (with either the manual or facsi~ile signa-
ture of the and the manual signature of the Clerk) and sealed with its
cDrOOT'3te sP2,1 and has caus ed tl1S coupons at.t.ached to b-? e}("Pcut,ed t112 fac-
simile s i gnaut.r e of th", 211 as of the 1st day of September, 1965.
CITY OF ly'lGTJ"lJTI\T .A'RIQ\IT5J~S
By Boyce Drake, Mayor
(SE.:\L) Delores Tapp City Clerk
(Form of Ccupon )
No. c;
----- ".-'------
Har-ch
On the 1st day of Sentember, 19 , the City of Mountain, Baxter C01L"1lty,}!,rkansas,
unless the bond to which this counon is attached is paid prior thereto, hereby
promises to pay to beerer s-lE'ly out of the special f'1nd sDpcified in the bond
to "Thich this coupon is attached!, DOI.LJES in laT,rful =ionev of the United
States of America et thp princinal office of Horthen Barik £c Trust Cor-pany , Little
Rock, Ark2ns2s, bein~ six (h) months interest thp11 mlP on its Gas Transnission
2nd Distribution Svst~~ Rovcnu'" Construction Bond, Series , dated Septem-
ber 1, 1965, and nllTl1bprpd
----
crrv 0-:-;' HJTJl'TT
ITT
T'layor
3ecti'Jn 6. 'I'har. tile Counci.L finds t.nat. ,the rentals to be paid Arkane as
1'}estern G8S to the I\;iunicipality under the pr ovi.s i.on s of the
and Lease aughor-i.z sd to be exe cut.ed by Ordincmce No. 137 of the ordinances of
the Municipality are sufficient to provide for the payment of the bonds here-
188 page 5
in authorized to be issued, both principal and interest, as the same fall due
and are payable, and that the ~~eement and lease nrovides adequately for the
deor-ec.i at.Lon and op=r-at.Lcn and maintenance of t he project.
C",
<l00 1 n) '7r{l (',Ii
c 7 37,000 ,0,
.
- " , o·
Section 10. That it shall b e the duty of the Treasurer to TTithdra;;,T fro'" the Bond
at least five (5) d2ys before the m8turity dac of any bond or interest coupon
issued hereunder and to deposit Tlith the Paying an amount equal to the a-
mount of such bond or coupon for the sole purpose of paying the same, together
wit'(1t.he Pa;yi.nc:: I s fee of 12-!¢ for each 1:,100par value of bonds 2nd 5¢
for each coupon, vrit.h the nrirrimum payraerrt to be .00, and no T:Tithdr2vTalof
f'urids from thp Bond Fund shall be T(lade for~ 2D_3T other purpose 8)CCept as other-
"c~Tise sut.hor-Lz
ed in t.rri s or-da.nan
ce , Such t 811.211 be at. 'the sole r-i.skof
the )c'unicipelitvand shall not ES a of the bonds or counons
unt~l so applied.
Section 12. That th~ honds au-hori? her-eby and i~sucd r~pr~11nclershall be
callable for 1D accordpnc'" -,-ith +.h= ter:""s s<"t out
in the bond form in Sectio~ 5 hereof.
Section 130} Th,g··t l~:h~ CiD~1it'tT ill Dr0D'-'r "'JOOKS o:....~<>~:J\U1.ts snd
-e ·.••
r=cor-ds (seD? T8t", fron all other r.o~ords arid 2cOolnt"') i'" "-hi~f-l c:
cr Df 211.:,1 I
the bond" at the tinp outstpndiYl", at the (-!.Litten reoll<"st of such holder)r
purchaser, not more than sixty (60) after the close of ",ach f'Ls ca L
~rp2r, auffi t r ec e.i.pt.s and disbursements of its revr?nues f'r-om t.he
project such fiscal year, certified _ certified public accountant.
in ct N8 0 71 ~f 19 c
of the bonds end each of anc
to to and in favor of the holder of the coupons attached to the honds, and
c lien until p2y-
"1ent o f or interest on ercy ')1' the o')nJs, arid such de-
f2~ltl shall c~ntinue for thersefter, thp holder or holders
thpreof enforce tt18 lien upon the pr~ject ~n acc8rd-
8l'1Ce ":"Tit11 t.hc Section..
of !J •• 71 of r-; 2S
p1'1.. t1,::3 {)J7:Jper S11it, c':;m13e.l tl1P of thp dut i es of t,Yls)ffici21s
~f the [Iunicipa1ity. If there be default in the p2j~ent of th~ princi~81 Q
" ,
or ln~eres~ on -1...,
0ne oanas, ana• sucn • 1 ~ ~, 1 ~~ , .
QelaUL~ sn2~~ con~lnue _~r'~nrl
f ,.. ("1"\ \
~U)
thereafter, th Trustee on ;~)"'half of all bondholders,
co Dr upon the fail-
ure of the Trustee to proc8pd, a "t.er r-eouest and indpnmific2t' on t.o its
re2SG1'lclJle satisfpction" 2,n.:Tbor1dhol::ier on bellcl~'~CJf 211 1~'Y)ndl!-i)lder's) mav
'O'lrS!18 snv r unde+ this 0rJi an cs , llnder 71:::f 10
to ,;:::
for th 2"tJ)jxd:mcont 'CJ p rco"'l,uT to 2:1m::.nist<=Y he £,:P'" trcns"'i"'si'Jn l:ines
a'll di.s t.r-Lbut.Lon rl'1JD b",halPCJ+' tho ~inplitv, ,.rith DO"Trrto
end, coLl.ect. rates "'nf"'-iciDnt t.o nr0'-idp f:JY +h> npY'4rnt o:' tho 'o')nds 2nd
int~re:~t thereon and for thJl:' D2\Tl~ell_t_ of thE' C'YD~nS~S s n d t.o appLy
the" incynp end rsvrnB.rs in :;on.por~·i -r.ri.t.h trri s or::iin2nc:"". s cos
tr"'Lel~p is no default under +hr grf'r-ment and Lecsr, t.h> li~D O~1.t.h..2 Dr8j ct Q
5;2cti'3n 150 That \(Th~n the bonds of each series have been execut ed the
and Recorder and t.h= s ea L of t.h= ~"hlnicip81i try sed, as herein
provided, they sh= L'L be delivered to th,o 'I'r-us t.es , wh'i ch shall authenticate
tl'le"f'l cn jeliver tl1err to th pur-chas er-, on r in cash of the se
Contfmporan Fith such delivery and , the Trustee shall
tile or ')onds' 32 f) lO\cTS
proceeds shall be
(oalled Construction Fnnd DeDosi
ali United St2tes or and dis-
in of t,lls pr-e j=ct.
of s ecur-inc n~ceSS2r"';T of \".727,
incijDnt21 t the construction and to the issuance of
bends, but 0D. checks, 1~T2rrants or voucher-s signCld
2nd R.ecorder snec:i the .ri sbur-s enerrt ')r
~ ed t1,r,:c c'JD.snlting
l'''r',r pp'r of 8t1C}-l construction
that an st:--t ..t"'d ;r";«iC)'~lnt 11..7"1.318een incnrrad on. 28:0un.t of t.he
s')st c:JT1str'lcticn, ;:-nelt') vho1"!isuch oblig8tiJJn is ¢':zseDt that no
SUGh c"rtLfic2tp shell '0" r<"("1'lirDd.f')r the" D2'TCpnt of "nc"inl"ering, IpiJ"21
cc:rDPDsr.cS of issninc th~ \'ond~-, ~rd 'Jth.er inr:id_t'"'nt~l p·;'~Dr'rs6s. unexpended
~lcncc reT12ininc:: eft",!, th", f'in~l "0YlDl"ti:m £. the ')ncstr'v~tion sh211 be
us=d t.o Gall bonds of this i""11e, a"' horcir, nrovid",d.
SpC0l0n 16Q That the Major is her~by directed to publi~ for ~ne insertion
in (3 newspaper of bonaf Lde gener21 c i.r-cu'Lat.ion in the I,jlunicipali ,this
or:1il'1anCe, r.o vrh'i ch shall b ~ at.t.a che d a no ti ce s hi Ln subs t.arrt.i.eL'Ly 171
leo,
J...
- T-''-'-~
-' "~-'-
otice
has 2 thp
issuance of bonds described in said ordi-ence; end that ~eron icterr ted
lie 2TJ'!JA'2r before tl1P Counc'i L on the '.)1' OctD at 7:30 J1clock
p •• at the usual place of the Council held in Eo"'p, Irkansas
and present Drotests. such hearing all objections and ,;.8.11 be
heard and the said Council ":Lll take such act.i.on as it deems proper in the pre-
miseso
TTYSTED:
Section 17. That this ordinance shall not create anjT right of any charact~r,
and no right of any character shall arise under or pursuant to it, until the
bonds augher-i z ed b-- this ordinance shall h",vp been issued and dE,li'iered.
Section 19. That. pll ord.i,pnces or parts of ordi""pnc"'s in conflict herp·-ith pre
hereby rrope?lrocJto t h' <'xtr-nt of such con eliot.
Section 20. (8) Thp minioiDslity agrees t.hat it T·-ill_pnforce all of its
rights 2S Lessor End all e f the Lrssee1 s o'oL_g;:>tionE'under- t':1"--reement and
Lease, aid that the Trustee, on b=ha Lf of the bondholders, rna, in Municipplity' 5
name or in the Truste~ls name, enforce 211 such rizhts and obligations.
(b) If there be:-a default under the and Lease so that possession
of the pr e j e c t is returned to the l\flunicipality, it agre2s to cper-s t.e the proj-
set. as a r-ev enue producing undert,2in.g E nd ch2rge sufficient rates, as cc)'ven-
anted in Section 8 hereof. In that event it Hill continue the Bond
establish a separate Oper2tio and Haintenance Fund ani establish a separate
Depreciation F~ld. Out of gross revenues it vJill deposit monthly: (l)'Into
the Bond Fund the ancurrt.s r equi.r ed to insure payment , Nhen due, of principal,
interest and Paying's fees; (2) Into the Oneration and Maintenance
Fund the amount. necessary t e cover operation and maintenance expenses ; (3)
Into the Depreciation Fund an amount not to exceed 5% af gross revenues (~Thich
monthly deposits ahall cease Nhen there is on deposit twelve rlonths replace-
ment requirements; 2nd (4) any balance shall b0 deemed surplus and may be
us ed for redemtion of berids , far constructing or +'inanc:ing construction of
extensions and betterrnpnts to t.h= project, or anv other 12T· ful purpose.T
Section 21. That the Trustee of the bonds Lssu sd her"un:'Jer sh al.L be 1r!o,~then
Bank 8,.:Trust Comnarl\T, Little Reck, _i;~rk2ns2so Th~ TrlJ.stf?e shell on.ly be
r-es oons i.b'Le f'or- the eX"Tcisp 3f faith and r""2sonplbe Drud"'nce in V11'" I'X-
=cut.Lon of its ty··ust·o T~c- r~cit21s of th~ Cit:! ~nd D'Jt 0_ tIi? Tr~J.stepo Th,p
'I'r-ust e e shall not b~ rp(,lircj to t.ak= anv action 2" Cf'rnst"'e unless it S"1P'1 hpvl'
been r rd to do so in "rritir,e:- the- holders of not less than ten Den Cf"nt
(lO%)in princin::l 2Dount of th"" bonds of thi.-. is"'up th",n outstandinp- 2Dd 8h::11
hav= been offer"d rppson2bl", security 2nd i1"Jd c
2 ainst the costs, "'X'J"DSPS
and li2bilitic:=- to bF Lncur'red therein or ther Thp Trustee at
any time by ten (F') days! ruticp in to the- City Clerk a nd the m2,ior-
i in value of th~ holders of tho 0 ~stpndinc bonds of this issue at 2n time, 7
1'Tittl or vri.t.hout. C~~J.SE, )i"l2~r rpm2)"\TP the Trustee"~ In the 9\Tent of 2 '\TaCcH1C';-- in
the office of Trus~pe, either resignation or r the majority in
VelUE' of the ho Id--r-s of th~ out.s t rnd.ing bonds of this issue may a nev!
Trustee, SUCl'l apoo irit.nent. to je e;Tide118ed 2 "·;rri t.t en instru.~Y}ent or instruments
filed with ~~'~~ th~ City C1Erko If the majority in value of the holders
of the outstanding bonds of this issue shall fail to fill a vacan cv Fi thin
thirty (30) days after the same shall oilcur, then the City shall forthv·Tith
nate a n ev Tur-s t.e by a uritt2m instrument filed in the office of the City
Recorder. Th~ original Trustee and any successor Trustee 3h211 file a ~rritten
acceptance end agrppment to execute the trust i~pospd upon it or the' this
ordinance, but enLv uocn the terms and cend i t.Lons set forth in this ordinance
and eiubject to the'proyisions of this ordinance, to all of "hich the
ho of
Lder-s 2gE~e~ 1Arritten t.h= shell be filed T'Titht..he City
bonds Su ch acc ept.an ce
Clerk and a copy thereof shall be 01aced in the hond transcript. successor
Trustee shall have all the nO"l,TerS her = in granted to the original Trustee.
In th"o ,eyr;nt of a in the office of Trustee, the old Trustee wh i ch has
or veen remov~d sh211 cease to b2 ag~nt and the successor
Trustee shall becore the
fore, deGlar that an .Mer~CnGV eyists and this ordinanoe bein neGessary
for thiS i""medi2te prC's"'rv8t,i:m of the oui'l.Lc ppaG"', h=e Lt.h ell S2 3h"'11
take effect and bo in forGe fran and after its passage •
__ ':
• -:) .•.• ""'l-:-"'"l";.,
ORDINANCE NO.
'---1'-
AN ORDINANCE TO BE ENTITLED:
SECTION 2. The Grantee herein is expressly given the permit (Subject to the pro-
viso hereinafter contained) to use the streets, avenues, roads, highways, alleys, side-
walks and other public places, as now laid out, or hereafter to be established, for the
purpose of laying gas mains, pipe lines, conduits and feeders, and the necessary attach-
ments, fixtures, connections and appurtenance~f~r the purpos e of conveying or cond:!J~:tlI1g
natural gas from within the said ·:'!f\;~I1r or to any point beyon - he _
limits of or to any other point, through and beyond the limits
of said , and to operate and maintain a system of pipe lines, pipes, conduits,
feeders and the necessary attachments, , fixtures and es for the
distribution of natural gas within said to serve the said and the resi-
dents and inhabitants thereof, and others; , however, that where alleys are ac-
cessible for laying mains and pipes, the shall have the right to require that the
mains and pipes shall be laid in the alleys instead of the streets.
SEeTION 3. No fees or charges of any kind shall be impos ed upon the Grantee or
upon any successors, or upon any consumer of natural gas for the breaking or opening of
any highway, street, road, avenue, alley, or other public places, or for the laying of
any main, service pipe or other connections therein, except as provided herein.
Grantee shall at all times keep and display the necessary danger signals 8.J.'1.d
proper
guards around all excavations and obstructions and shall keep sufficient space in good
condition for the travel of vehicles on at least one side of all excavations and obstruc-
tions, and shall as soon as practicable restore all openings on the highway, road, street,
avenue>"alley and oth_er public places to condition equally as good as before said openings
or obstructions were made.
SECTION 4. The Grantee shall do no injury to any highway, road, street, avenue,
alley, lane, bridge, stream or water course, park or public place, nor in any manner
disturb or interfere unnecessarily with electric lines, nor with any public or private
sewer or drainage system, or water lines, now or hereafter laid or constructed by the
said Town or by any authorized person or corporation, but no electric conduits or sewer
or water pipes shall be so laid as to interfere unnecessarily with any gas main or pipes
which shall have been laid prior to the time of laying such electric conduits, sewer or
water pipes. The Grantee shall fully indemnify and save harmless the from
any and aU claims for damage for which said shall or be made or be-
come liable by reason of the granting of this e, or any negligence or carelessness
on the part of said Grantee, or because of any act or omission of the Grantee in the con-
struction and operation of its system of mains and pipes.
SECTION 5. The Grantee shall supply natural gas under the terms and conditions
herein specified to all applicants not in arrears for any bills for natural gas, service,
pipes, appliances, or other things, owning or occupying premises on or abutting the
streets, avenues, or oth er: public places in which such gas mains or conduits are laid.
SECTION 6. The Grantee shall have the right to make and enforce a written agree-
ment with all applicants for natural gas; and rate to be charged for natural gas, according
to Section /2 hereof, the fixing of the minimum monthly bill and service meter moving
charge, and specifying an immediate deposit, and fixing the terms and conditions upon
which natural gas is to be served the individual applicant, shall be determined by such
contract. Such contracts are to conform with the state laws and regulations governing
same.
SECTION 7. The Grantee shall lay its service pipes from its main pipes to the
curb line and/ or the consumers I outer property line at its own expense from the meter
on; the consumer shall have the right to select his own gas fitter to lay his pipes and
install his fixtures, at the consumers I risk and expense. Grantee shall extend its mains
to serve new customers where reasonably assured of enough new customers and revenues
therefrom to justify the expenditures necessary to give service.
The Grantee shall have the right to make and enforce as a part of the conditions
under which it will supply natural gas for heat, power, light, fuel or other purposes as
herein provided, all needful rules and regulations not inconsistent with law and the pro-
visions of this franchise.
SECTION 8. The Grantee shall furnish promptly to the proper authorities any and
all information which may be asked for by them in regard to the size, location or depths
of any of the pipes, mains, conduits, or service pipes, in any form whatsoever, and
any other information in regard to its occupation of roads, highways, streets, avenues,
or public grounds of said which they may demand. Whenever the word
Grantee occurs in this ordinance, it shall mean and it shall be understood to be the
Arkansas Western Gas Company, its successors, lessees or assigns, and whenever
the words llauthorities" or "pr-oper author rti es " occur in this franchise they shall mean
and shall be understood to mean the authorized officer or officers, committee or board
representing the of , Arkansas, or Grantor.
- 2 -
/
----..-
.:
SECTION 10. This franchise shall take effect and continue and remain in force
perpetually as provided in Section 44 of Acts of 1935, No. 324, Acts of the State of
Arkansas, as same may be amended from time to time, and upon the written acceptance
by the Grantee of the terms and conditions of this franchise.
SECTION 11. Be it further ordained that the Arkansas Western Gas Company,
Grantee, its successors, lessees and assigns shall have 12 months from the final pas-
sage and publication of this ordinance, and not longer, in which to begin the actual lay-
ing of pipe lines and laterals for the distribution of natural gas in said r a
failure on the part of the Arkansas viJestern Gas Company, Grantee, its successors,
lessees, or assigns, to comply with the foregoing provisions of this section as to the
time in which to begin the work shall render null and void this ordinance; it is further
provided, however, that upon a showing by the Gr ant ee , that the actual laying of pipe
lines and laterals for the distribution of natural gas in said has been delayed
due to the Gr ante ets inability to secure necessary pipe or other materials, or due to
acts of God, the period allowed above shall be automatically extended for a.11. additional
period of six (6) months.
SECTION 12. Be it further ordained that the charges for recorded consumption of
natural gas at one point of delivery as per Section 7, shall be as provided in the Gran-
tee's rate schedules attached hereto and made a part hereof by reference.
SECTION 14. It is ascertained and hereby declared that by reason of there being
no gas for either domestic, commercial or industrial uses now in this that
the domestic, commercial and industrial enterprises within said an
adequate supply of gas for their various uses, and it is necessary to begin the con-
struction of pipe lines and gas system for said in order that same may be
available for use as soon as possible, an emergency is hereby declared to exist; and
this Ordinance being necessary for the preservation of the public peace, health and
safety shall take effect and be in full force and effect from and after its passage and
publication.
By ~ _
President
- 3 -
CERTIFICATE
1965.
(SEAL)
190
.- ...
CHAPTER 1. TITLE
This pr~ir;ap.c.e. shall be known as ~he IlGas Code" of the -----..::L?;:....;";.,.:.:::.,. +-; _
of )1&Li/1~6- ("'-r:7J1!'1}l
I _
and may be Cited as such.
bond, in
c:~
required shall expire on the first day of January next following its approval by the
Clerk, and thereafter on the first day of January of each year a new
rm and substance as herein required, shall be given by such person to
cover all such work as shall be done during such year.
~
(}:m.un
Upon appr
~ O..Ad~. /97 ..
of -s~:d bona,'"the person destr ing to do such work shall
secure from the C~ Clerk a non-transferable license which shall run
until the first day of uary next succeeding Its Issuance, unless sooner revoked.
Z:'"
The pers,£n obtaining a license shall pay an annual license fee of $ "jAJ. f) _
th e G ltL\ Clerk; provided, however, any license obtamed afte#the 1st day
of July of any year shall be computed at the rate of one half (1/2) of the annual fee.'-
(a) The Inspector is authorized and directed to enforce all of the provisions
of this ordinance, and the Insp ector , upon presentation of proper credentials, may
enter any building or premises at reasonable times for the purpose of making in-
spections or preventing violations of this ordinance.
(c) It shall be the duty of the Inspector to confer from time to time with
representatives of the local Health Department, the local Fire Department, and
the Gas Company, and otherwise obtain from proper sources all helpful information
and advice, presenting same to the appropriate Officials from time to time for
their consideration.
CHAPTER 7. PERMITS
(a) No person shall install a gas conversion burner, floor furnace, central
heating plant, vented wall furnace, water heater, boiler, consurner+s gas piping,
or convert existing piping to utilize natural gas without first obtaining a permit to
do such work from the ~ Clerk; however, permits will not be
required for setting or connecting other gas appliances, or for the repair of leaks
in hous e piping.
(b) When only temporary use of gas is desired, the Inspector may issue a
permit for such use, for a period of not to exceed sixty (60) days, provided the
consumer's gas piping to be used is given a test equal to that required for a Final
Piping Inspection.
(c) Gas Company shall not be required to obtain permits to set meters, or
to extend, relocate, remove, or repair its service lines, mains, or other facilities,
or for work having to do with its own gas system.
CHAPTER 8. INSPECTION
(a) ROUGH PIPING INSPECTION shall be made after all new piping authorized
by the permit has been installed, and before any such piping has been covered or
concealed or any fixtures or gas appliances have been attached thereto.
(b) FINAL PIPING INSPECTION shall be made after all piping authorized by
the permit has been installed and after all portions thereof which are to be con-
cealed by plastering or otherwise have been so concealed, and before any fixtures
or gas appliances have been attached thereto. This inspection shall include a
pressure test, at which time the piping shall stand an air pressure equal to-not
less than the pressure of a column of mercury six (6) inches in height, and the
piping shall hold this air pressure for a period of at least ten (10) minutes without
any perceptible drop. A mercury column gauge shall be used for the test. All
tools, apparatus; labor, and assistance necessary for the tests shall be furnished
by the installer of such piping.
CHAPTER 9. CERTIFICATES
(a) The total fees for inspection of consumer-Is gas piping at one location
(including both rough and final piping inspection) shall be $1.50 for one to four
outlets, inclusive, and $0.50 for each outlet above five.
(b) The fees for inspecting conversion burners, floor furnaces, boilers> or
central heating plants shall be $1. 50 for each unit.
(c) The fees for inspecting vented wall furnaces and water heaters shall be
$1. 00 for each unit.
(e) P;.nyand all fees shall be paid by the person to whom the permit is issued.
Any person that shall fail to comply with or violate any of the provisions of
this ordinance shall be guilty of a misdemeanor> and upon conviction thereof shall
be fined not less than $ £ b c nor more than $ jotJ"oo ; or the
license of such person may be revoked, or both fine and revocation of license may
be imposed.
The following definitions are provided for the purpose of interpretation and
administration of this ordinance:
(a) "Inspector" means the person appointed as Inspector, and shall include
each Assistant Inspector (if any), from time to time acting as such under this
~~dinance by appointment of the -~&D( of the C~'~1t!.,ly,-i _
(d) "Cer-tificat.e of Appr ova.l" means a document or tag issued and/ or attached
by the Inspector to the inspected material, piping, or appliance installation, filled
out, together with date, address of the premises, and signed by the Inspector.
Attest:
Record
CERTIFICA TE
now in my possession
1965.
as Recorder.
(SEAL)
-'lOI
-/ ...i....
City (A)
ORDINANCE NO. !9 !
AN ORDINANCE GRANTING TO THE ARKANSAS POWER & LIGHT COMPANY, ITS SUCCESSORS
AND ASSIGNS, THE EXCLUSIVE RIGHT, PRIVILEGE AND AUTHORITY TO SELL, FURNISH
AND DISTRIBUTE ELECTRIC POWER AND ENERGY AND ERECT, MAINTAIN, EXTEND AND
OPERATE A SYSTEM FOR THE DISTRIBUTION, TRANSMISSION, FURNISHING OR SALE OF
ELECTRIC POWER AND ENERGY TO THE CITY OF k{1h./r;/rllrN HpJ'/! IE ,ARKANSAS,
AND THE INHABITANTS AND ALL OTHER CONSUMERS THEREOF, AND TO USE THE STREETS,
ALLEYS, BRIDGES AND OTHER PUBLIC GROUNDS OF THE CITY IN CONNECTION THEREWITH;
FIXING THE TERMS THEREOF, AND FOR OTHER PURPOSES.
WHEREAS, the City must have an adequate and dependable supply of electric
power and energy to perform its governmental functions and to promote the peace,
dependable supply of electric power and energy is essential for carrying on the
WHEREAS, the Arkansas Power & Light Company, by the acceptance of the rights
and privileges granted hereunder, is willing to, and does, obligate itself, its
successors and assigns, to meet the reasonable requirements of this City and its
called Grantor) hereby grants to the Arkansas Power & Light Company, its suc-
cessors and assigns (hereinafter called Grantee), the exclusive right, privilege
and authority within the present and all future expansion of the corporate limits
of the City of A.Aov N!!9-/!/ /~6 M t= , Arkansas, except for such area within
the present corporate limits, which at the date of enactment hereof is served
by another supplier of electric energy, and except for such other areas which
may be later annexed, where Grantee is not allowed by law to serve, (1) to
sell, furnish, transmit and distribute electric power and energy to Grantor
and to all inhabitants and consumers within said limits, and (2) to construct,
maintain, operate and extend a system for such purposes and to enter on,
under and upon and use any and all of the streets, alleys, avenues, bridges
and other public grounds and ways belonging to, or under the control of Grantor,
and other related facilities, appliances and apparatus which are necessary
provide to the City and its inhabitants adequate and reasonable electric
necessary for Grantee to perform its obligations hereunder, and the need
to serve customers, in all areas and zones of the City, consents to the
wise limited herein, the grants of rights and privileges to Grantee set
electric energy.
Electrical Safety Code. Grantee, its successors and assigns, shall replace
and repair, at its own expense, all excavations, holes or other damage
ways, places and public property which interfere or offer hazards to the
service, and, further, Grantee is hereby given the right, authority and per-
- 2 -
City
places and public property which interfere or offer hazards to the con-
exist and continue from the date of passage of this ordinance, and thereafter,
amended.
service hereunder shall be those which are now lawfully approved or prescribed,
and as said rates may, from time to time, be amended by Grantee in accordance
ties, said Grantee shall use reasonable and proper precaution to avoid damage
or injury to persons or property and shall hold and save harmless the said
Grantor from damage, injury, loss or expense caused by the negligence of the
tices and install such appliances and equipment as may be in keeping with
the customary usage and practice in cities of similar size in this State
this franchise, the Grantee shall pay to Grantor each year, a franchise
tax in an amount equal to: Four and twenty-five hundredths percent (4.25%)
- 3 -
City
right to examine and verify, from the records of the Grantee, any data
relating to the gross revenues of Grantee from customers on which said fran-
chise tax is due. In the event of a controversy between the Grantor and
ofjllav;.rra-/e/UCIlIlr£.INf8fhVSfl.S
)
upon which said tax is due, such controversy
cessor regulatory agency which may have jurisdiction over the Grantee, for
ment and discharge by the Grantee, its successors and assigns, of all
and other general taxes applicable to all citizens and tax payers) which
are now or might in the future be imposed by the Grantor under authority
conferred upon the Grantor by law. In the event such other tax or taxes
are imposed by Grantor, the obligation of the Grantee set forth in Section
9 hereof, to pay the City the sum of four and twenty-five hundredths per-
Section 10. Electric service furnished the Grantor for street light-
ing and other purposes shall be paid for by the Grantor in accordance with
the applicable rate schedules of the Grantee now on file and/or as they
may in the future be filed by the Grantee and approved by the Arkansas
tion. The Grantee shall have the privilege of crediting any amount due
Grantor with any unpaid balances due said Grantee for electric service
distributing, or furnishing electric energy for his or its own use or the
use of his or its tenants, all of which facilities and use are wholly on
-4 -
City
shall constitute a contract between Grantor and the Grantee, and its
invalid, such invalidity shall not affect any other provision, clause, word,
section or grant of this Ordinance which can be given effect without the
including, but not limited to Ordinance No. //l dated /)f3C/=/IA/$ {; if .,l -19~~
are hereby repealed.
Section 15. It has been found, and is hereby declared by the City
contract for electric service is obsolete and that there is an urgent need
to clarify and bring up to date the terms and provisions of the franchise
under which electric service is provided to the City and other consumers
such service to the City and to fix terms and conditions for the use of City
streets, alleys and other public grounds for electric facilities; that it is
duplication of such facilities; and that enactment of this Ordinance will pro-
vide these benefits to the City and its citizens. Therefore, an emergency is
declared to exist, and this Ordinance being necessary for the preservation
and advancement of the public peace, health and safety, shall take effect
and be in full force from and after the date of its approval.
Title
ATTEST:
ORDINANCE # 192
ItJHEREJI.S,
a petition wcs duly filed "rith the City Council of the city of }1oun-
tain Home, .Arkansas, on the 16th day of November, 1965, asking the City Coun-
cil to vacate pnd abandon all that protion of land described as follows, to-~Qt:
The East Five (5) feet of the follo"dng described tract: That part of
the ~Ji of the SEi of Sec. 9, Twp. 19 North, Range 13 West, described
as follows: Begin at the SW corner of said forty ani run North along
the West line thereof 934.5 feet, thence run East 233 feet for a point
of beginning for the lands herein described. Run thence North 105 feet,
run thence East 220 feet, run thence South 105 feet, run thence West 220
feet to the point of beginning.
WHERE.AS, after due notices as required by law, the council has, at the time
and place mentioned in the notice, heard all persons desiring to be heard
on the question and has ascertained that the street or alley or the portion
thereof, hereinbefore described, has heretofore been dedicated to the public
use as a street or alley herein described; has not been actually used by the
public generally for the period of at least five ye2rssabsequent to the fil-
ing of the plat; and that public Lnterest and "Telfare ~ill not be adversely
affected by the abandomment of such street or plley.
SECTION 2. A copy of the ordinance duly certified by the City Recorder shall
be filed in the office of the Recorder of the County and recorded in the deed
records of the county.
SECTION 3. This Ordinance shall take effect and be in force from and after
its passage.
PASSED .AND .APPROVED BY THE MAYOR .IINDCOUNCIl THIs 17TH D.AY OF JANU.ARY 1966.
184
may determine in the sale of the bonds, and to be sold and delivered
Page ,
$81,000 in the year 1967;
maturity at the option of the City on such terms as the City may
thereat canvassed and the results declared under the law and in
the manner now provided for municipal elections, and notice of said
Mountain Home and having a bona fide circulation therein, the last
publication to be not less than ten (10) days prior to the date of
said election.
Page.
HBond issue under the prov~s~ons of Act No. 9 of
the General Assembly of the State of Arkansas of
1960 in the amount of $1,000,000.00 for the purpose
of securing and developing industry within or near
the City of Mountain Home, Arkansas, to be secured
by a statutory mortgage on the lands and buildings
acquired from the proceeds of the said industrial
development revenue bonds and a pledge of the revenues
therefrom. The bonds may be sold and delivered all
at one time, or in parcels from time to time, in a
total amount not to exceed $1,000,000.00.
place the question on the ballot for said election, provide the
the question.
City of Mountain Home will have the right to vote. The result of
last past, and his proclamation shall advise the citizens and pro-
perty owners of said City of Mountain Home that the result as pro-
and health of the City of Mountain Home are jeopardized by the lack
this ordinance can the City undertake to secure and develop industry
Page 13
is necessary for the immediate preservation of the public peace,
health and safety, and that this ordinance shall take effect and
APPROVED:
ATTEST:
PageS'if
ORDIl'ANCE # 194
AN ORDINAN CE FOR THE PUR? )SE OF V A CATING A STREET OR ALLEY n[ THE CITY
OF l1JUNTj\INHONE, ARKANSAS
"WHERK4S, a petition was duly filed -v.Ti th the City Council of the City of
Mountain Home, Arkansas, on the 7th day of March, 1966, asking the City
Council to vacate and abandon that portion of land 50 feet in w~dth
l)nng South of and adjacent to Lots 11 through 17, in Blo~k No.6 in
First Jddition to Lpngston's Subdivision, as shovm by the recorded plat
thereof, in the office of the Recorder of Baxter County, Mountain Home,
Arkansas.
~lliVREAS, after due notices as reouired by lav, the council has, at the
time and plpce mentioned in the notice, heerd all nersons desiring to
be heard on the r-ur-s+i.on and has as cor-t a i.ned that the street or alley or
the portion thereof, hereinbefore described, has heretofore been dedicated
to the public use as 8 street; hBs not be':'"n actually used by the public
generally; and that thp public interest and lfarp vri.L], not be adversely
1,TC
Section 3. This ordinance shall take effect 2nd be in force from and
after its passage.
"A PPROiJED=
ATTEST:
Recorder
ORDINANCE # 195
That the following described r~al estate be and is hereby ch~nged in zoning
from Residential to Commercial C-2 to wit:
oycefDrake
¥.ayor
~~
Delores TaPP 2/;v=!
Recorder
ORDINANCE NO. 196
An orelinance regulating the outside storage a nd burning of any form of trash, refuse,
cans, bottles, garbage, paper: rags, or any other kinds of trash on public or
private property in the City of Mountain Home, Arkansas.
Section 1. From and after the passage of this ordinance, it shall be unlawful
for any person, firm or corporation to place, store or dump any form of tresh,
refuse, garbage, cans, bottles, paper, rags, or any other kind of trash out-
side any building, public or private, on public or private l&ld, unless said
trash, refuse, garbage, cans, bottles, paper, rags or any other kind of trash be
first placed in a container made of metal, wood or vnre properly covered to
prevent spillage, molestation by animals, scattering by wind or scattering by
any other method. Containers constructed of ~nre shall be constructed of mat-
erial ~Qth a mesh of not more than one and one-half inches in diameter. Persons,
firms and corporations responsible for these containers shall keep them in good
repair and in neat condition.
Section 3. Any person, firm or corporatlon who shall violate the provisions
of this ordinance shall be deemed guilty of a misdemeanor and upon conviction
shall be fined in any sum not less than five dollars ($5.00) nor more than
tvrenty-five dollars ($25.00)
Section l-L. The police officers of the city and the cacy health officer are
hereby authorized to enforcp the provisions of this ordinance.
Section 5. If any section of this ordinance shall be found invalid, the in-
validity of that section shall not make invalid the provisions of other sections
of this ordin2nce.
APPROVED
ATTEST:
~---"'£Pt.~
Recorder Delores
ORDINANCE NO. 197
BE IT ORDAINED AND ENACTED BY THE CITY COUNCIL OF THE CITY OF MOUNTAIN HOl1E,
ARKANSAS.
D{f&.;-faP~-- -----
Recorder
ORDINANCE NO. 198
AN ORDINANCE .AHENDING ORDINANCE NO. 163 lHTH REE'ERENCE TO ZONING "lHTHIN THE CITY
LIEITS OF THE CITY OF NOUNTAIN Hmm, ARKANSAS, REl.JiTrv"E TO CHANGING AREA ZONED
AS RESIDENTI.!l..L
TO COlvlNERCI..A..L
C-2.
BE IT ORDAIlI""ED
BY THE CITY COUNCIL OF THE CITY OF HOUNTAIlJ HOHE, ARY..ANSAS:
1. That proper petitions were filed by the property owners requesting a change
in zoning, to-wit: Change of Residential zoning to Commercial zoning; That said
petitions were given to the Planning Corr@ission of the City of Nouhtain Home, .!lIk.:
That notice of said requests were published in a paper having local circulation .
as is required by Ordinance No. 163; That public hearings were held and no re=
monstrances were filed or heard.
A part of the sEt SEt of Section 8, and a part of the 1~t of NEt of Section
17, all in T~wnship 19 N.R. 13 West, boun~ded and described as follows: Be-
ginning at the SE corner of the NEt NEt Section 17, and run "\,[est700 feet to
the west side of U. S. HighwaY Nol 62, thence North 21 deg. East along the
West boundary of said Highway 1082 feet, more of less and to the lfficorner
of the James B. Gibson tract, 'which is the SE corner of the Lura King Tract,
run thence North 21 deg. East 105 feet to a point, which is the 1~ corner
of the Lura King tract, run thence North 60 deg. "lest 209 feet, more or less
to the garden fence to a point of begirilling for the tract herein conveyed;
continue thence North 60 deg. West 691 feet, more or less to a corner post,
thence run South 21 deg. West 100 feet to corner post, thence Soutj 60 deg.
East 691 feet to a point, run thence North 21 deg. East 100 feet to the
point of beginning;
That part of the sEt SEt of Sec. 8, and that part of the NEt NEt of Sec. 17,
Twp. 19 North, Range 13 West, lying West of the Pleasant lot, now belonging
to Roland Reed as recorded in record Book 57 at page 585 of the records of
Baxter County, North of the Lura King land as recorded in Record Book 52 at
page 74 of the records of Baxter County, and East of Street that extends along
the East side of the Baxter County Develppment Corporation 15 acre tract and
the tract of land ovmed by the Arkansas Power & Light Company as recorded in
record book 49 at page 438, and the Baxter County Development Corp. Deed
being recorded in record Book 55 at page 109 of the records of Baxter County,
and being described in metes and bounds as follows:
Begirillingat the SE corner of the NEt NEt of Sec. 17 and run thence ~est
along the South line of said forty 700 feet to the West side of U. S. HWY #
62 run thence North 21 degrees East along the West side of said highway
1187 feet to a stake driven in ground for the NE Corner of Lura King lot
and the SE corner of the Reed lot, run thence North 60 degrees West 200 feet
to the SW corner of the Reed Lot and to point of begirilling of the trach here-
in conveyed, run thence North 21 degrees East 105 feet to the ~1£ corner of
Reed Lot at a point on new 40 foot street, run thence in a North .•..
rest er-Ly
direction making the South line of said street the line 640 feet, more or
less, and to East boundary of Street, run thence in a Southwesterly direction
along the East line of said Street 105 feet to the NW Corner of the Lura
King tract, run thence Southeasterly along the North line of the King tract
660 feet, more or less to the point of beginning, containing It acres, more
or less. Submitted by Ray Wallace.
"v-.
ORDINANCE # 199
Jt
ORDThTA.NCENO. 201
1eTHEREAS,the flying field nresently serving the City of Mountain Home is in-
adeouat.e for the expr nd.irig nepds of the City and surrounding community and re-
quires development and additional improvements; and
~mEREAS, the said flying field is located t¥ithout the corporate limits of the
City and not under the administration of the City, and it is desirable that
the flying field be placed under the administration of the City in order better
to serve the City and the community; and
~nI8REAS, the City is unable to finance the purchase of the said flying field and
make improvements thereto entirely from the revenues that will be derived from
the operation of the flying field, and the said purchase and improvements re-
quir~ more financial aid than the City of MOuntain Home is able to furnish with-
out issuing bonds; and
WHEREAS, it is proposed to rpfund the said bonds and to finance the purchase and
improvement of the said flying field t.hrough the sale of bonds in the sum of
$250,000.00 to be issued under Amen~ment 13 of the Constitution of the State of
Arkansas, from "Thich funds the City of Mountain Home ,.d.ll·be ;1-·1eto refund the
said outstanding P~rk Improvement Bonds of the City and to Durchase and improve
th", said flying field for the City; and
1rffiE~EAS, it is necessary
that there be submitted to the electors of the City of
Mountain Home, the ruestion whether the City of Mountain Home, Arkansas, .",Qll
issue bonds to thr eytent of $250,000 to refund the s~id bonds and to purchase
and improve the said flying field for the said City:
NOH, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HOUNTAIN HONE:
Section 2. The said bonds ~dll mature serially on October 1, in the amounts and
years as follows:
The bonds may be made subject to call for redemption before maturity at the option
of the City on such terms as the City may specify in the Notice of Sale.
Section 3. Said election shall be conducted and the votes thereat canvassed and the
results declared under the law and in the manner now provided for municipal
6iections, and notice of said election shall be given by the Mayor by adver-
tisement weekly for at least four (4) times in some newspaper published in the
County of Baxter and having a bona fide circulation in the City of Mountain
Home, the last publication to be not less than ten (10) days prior to the date
of said election.
"Vote on measure by placing an 'Xl in the square above the measure either for
or against.
emergency exists, that this ordinance is necessary for the immediate preser-
vation of the public peace, health and safety of its citizens, and that this
ordinance shall take effect and be inforce fro~ and after its passage.
APPROVED:
ATTEST:
CITY CLERK
ORDINANCE NO. 202
Section 2. The City Council agrees that it will take all steps that may be
proper under the Constitution and laws of the State of Arkansas to finalize and
approve assessed benefits against the real property of the District as will, in its
best judgment, be proper under the circumstances as reflecting the ep~ancement in
value of the real property in the District by virtue of the improvements to be
made, all to the end that the District may proceed with the issuance of its bonds
in accordance With the prOvisions of the Resolution of the Board cf Cow~ssioners
incorporated herein. Also, the City agrees to cooperate with the Board of Com-
missioners of the District to appropriately adjust the scope of the improvement,
within the limits of the Constitution and laws of the State of Arkansas, as may
be required for proper financing purposes to the er~ of permitting the District to
proceed with its portion of the financing so as to issue bonds as permitted by
assessed benefits that are ultimately finalized, all pursuant to the covenants
of the District pertaining thereto set forth in the Resolution of the Board of
Commissioners incorporated herein.
Section 3. The City Council agrees that if for any reason the Improvement
Dlstrict cannot issue bonds for the purpose of paying the principal and interest
of its $300,000 Certificate of Indebtedness, that the City Council will proceed
to issue revenue bonds, secured by a statutory mortgage lien on the existing water
works and sewer facilities, subject only as necessary to pre-existing indebtedness,
and by a statutory first mortgage lien on that addition to the water works and
sewer facilities financed by the aforementioned Certificate of Indebtedness, under
the Constitution and laws of the State of Arkansas, including particularly Act. No.
131 of the Acts of Arkansas of 1933, as amended, Act No. 132 of the Acts of Arkansas
of 1933, as amended, and Act No. 297 of the Acts of Arkansas of 1937, as amended,
and utilize the proceeds thereof for paying and discharging the $300,000 indebtedness,
principal and interest, eVidenced by the District's Certificate of Indebtedness. This
covenant is made in order to induce the purchaser of the District's Certificate of
Indebtedness to purchase the Certificate of Indebtedness and make available the
immedia~ely needed $300,000 to the District for the purpose of paying the expenses
incurred in connection wi th the Improvement Program to the 'Waterworks and Sewer
facilities serving the City.
Section A. That the }~yor and City Clerk of the City be and they are hereby
authorized and directed, for and on behalf of the City, to take such action as may
be necessary to carry out the authority conferred by this Ordinance and to
execute such instruments as may be necessary to carry out that authority or
to evidence the exercise thereof.
Section 6. That it is hereby found and declared that the Improvement Program
to the Waterworks and Sewer facilities of the City if immediately needed in
furtherance of the best interests of the public and of the public health,
safety and welfare. The incurring of the $JO'O',O'O'O'
temporary indebtedness by the
District is necessary to the proper progress of tha.t Improvement Program and the
adoption and immediate effectiveness of this O'rdinance is necessary to the in~urring
of that indebtedness by the District. It is therefore declared that an emergency
exists, and this O'rdinance being necessary for the immediate preservation of
public peace, health, safety and welfare shall take effect and be in force from
and after its passage.
APPROVED:
. r.
~(~yoy:Uv~ ig c
ATTEST:
City Cl
Ordinance # 20)
AN O'RDlliAl'JCE
AMENDING O'RDINANCE NO'. 163 1r-JITH
REFERENCE TO' ZO'NING ~'JITHm THE
CITY LIMITS O'F THE CITY O'F MO'UNTAlliHO'ME, ARKANSAS, RELATIVE TC CHAl'JGTIJG
ARPA ZO'NED AS RESIDENTIAL TO' COMMERCIAL C-2.
BE IT O'RDAINED BY THE CITY CO'UNCIL O'F THE CITY O'F "MOUNTAIN HO'ME, ARKPNSPS:
Lots 37-38 and the South 60' feet of Lot 36 of College Heights
addition to the to~m of Mountain Home; a part of the North portion
formerly known as Jones Woodworking Plant.
Submitted by David Drake and Arthur R. Vanderstek.
ENACTED FEBRUARY 20', 1967 and DECLJiRED O'PERATIVE AS O'F THAT DATE.
~IV.~!
Delores Tapp, R~der
Ordansnce # 20'5
AN O'RDINANCE AMENDING O'RDnANCE NO'. 163 l~lITHREFERENCE TO'ZO'NlliGWITHm THE crrr
LIMITS O'F THE CITY O'F MOUNTAIN HO'ME, ARKA.NSAS, RELATIVE TO' CHANGING AREA ZONED AS
RESIDENTIAL TO' CO'l1MERCIAL C-2.
BE IT O'RDAINED BY THE CITY COUNCIL O'F THE CITY O'F MO'UNTAIN HOI-ill,
ARKAl'JSAS:
IT IS THEREFORE O'RDAINFD BY THE CITY CO'UNCIL O'F j\J[Q NTAIN HO'ME, ARKANSAS,
THAT: the follm,nng described read estate be and is hereby changed in
zoning from Residential to Commercial C-2, to wit:
HHEREAS, a petition was duly filed with the City Council of the City of Moun-
tain Home, Arkansas, asking the City Council to vacate and abandon all that
portion of land dessribed as follows, to wit: A 19 foot un-named alley lying
between lots 23 and 28 in College Heights Addition to the City of Mountain
Home, Arkansas, as sho~m by the recorded plat thereof, in the office of the
Recorder of Baxter County, Mountain Home, Arkansas.
l~REAS, after due notices as reauired by law, the Countil has, at the time
and place mentioned in the notice, heard all persons desiring to be heard
on the question and has asce~tained that the street or alley or the portion
thereof, hereinbefore described, has heretofore been dedicated to the public
use as an a1ley; has not been actually used by the public generally; and
that the public interest and welfare will not be adversely affected by the
abandonment of such p street.
Section 2. A coPy of the ordinance duly certified by the City Recorder shall
be filed in the office of the Recorder of the County and recorded in the deed
records of the County.
Section 3. This ordinance shall take effect and be in force from and after
its passage.
APPROVED:
ATTEST:
ORDINANGB we & 209
AN ORDINPJiJ
CE TO AMEND ORDINANCE NO. 137.
follows: The Cl. Vmrshall shall give written notice to any owner of lands
who shall fail to comply ·th Section 1 of OrQ(~ance No. 137, to cut weeds
/
in ten (10) days from the giving of ch notice. If such owner is not a
resident of the City of MOun~~ Home, Ar nsas, such notice shall be mailed
necessary to the pub;ic health, peace and safety and ~mergency is hereby
<,
declared to exi.s t z This Ordinance shall take effect and be"in full force
Attest:
ORDINAN CE # 208
ENACTED -----"...::.::=--=::...>--=<-=--'-----"-
July 10, 1967 and DECUL~D OPEHATlVE AS OF THAT DATE.
ATTEST:
ORDINAN CE # 209
This Ordinance passed and approved this 10th day of July, 1967.
APPROVED:
~~"~~~r 0 ce Drake
ATTEST:
ORDINANCE NO. 210
WHEREAS, 'Water and Sewer Improvement District No. 3 of Mountain Home, Arkansas (the
"District") has been heretofore established, and all action preliminary to the assessing
of benefits properly taken, in accordance with applicable Lawj. and
WHEREAS, assessments of benefits have been duly made by ;the Board of Assessors of
the District and filed in the office of the City CLerk, (the "Assessments") pur-
suant to law, and Notice of said filing duly published on the 21st day of September,
1967, in tee Baxter Bulletin, a newspaper of general circulation in the City of
Mountain Home, Arkansas; and
'WHEREAS, Irl Paul, a property owner within the boundaries of 'Water and :Sewer Im-
provement District No.3 of Mountain Home, has, in writing, abjected and protested
the assessment of benefits to his property. The 'Council and the duly appointed
assessors for 'Water and Sewer Improvement District No. 3 of Mountain Home reviewed
the assessments against Mr. Paul's property and found that there was no discrimina-
tion or deviation and, therefore, the protest was without merit; and
WHEREAS, the firm of poynter and Huckaba, attorneys at law for Constant Wier, and
orthers similarly situated, in writing, protested the benefit assessments for the
reasons:
(b) "No credit was given him, and others similarly situated, for sewer connections
to main sewer line which he, and others similarly situated, paid personally." The
Council finds that it is not the obligation of the District or the City to make
sewerage system connections to individual dwellings. All property owners are
required to connect to the sewer system at their own expense. The sewer line
is taken to a point that is near or at the property line only and there is no
merit to this protest; and
'WHEREAS, said benefits received by each and every block, lot and parcel of
real property situated in said District equal or exceed the assessment thereon;
and
'WHEREAS, the assessments amount to One Million Nine Hundred Twenty-two Thousand
Six Hundred Eighteen Dollars ($1,922,618.00);
Section 1. That the several blocks, lots and parcels of real property in
the District be, and they are hereby, assessed according to theassessments as
the same now remains in the office of the City Clerk, and that five (5%) per
cent of the assessment of each of said blocks, lots and parcels shall be
collected by the County Collector with the first installment of general taxes
becoming due in the year 1969 and annually thereafter with the first installment
of general taxes until the whole of the indebtedness, principal and interest,
incurred by the District for the purpose of accomplishing the improvements,
secured by the assessments, shall be paid.
Section 2. That all Ordinances and Resolutions and parts thereof in conflict
herewith are hereby repealed to the extent of such conflict, and this Ordinance
shall be in full force and effect from andafter its passage.
APPROVED:
Mayor
ATTEST:
---~-
Recorde( ;
ORDINANCE NUMBER 211
AN ORDINANCE AMENDING ORDINANCE NUMBER 163 WITH REFERENCE TO ZONING WITHIN THE
CITY LIMITS &F THE CITY OF MOUNTAIN HOME, ARKANSAS, RELATIVE TO CHANGING AREA
ZONED AS RESIDENTIAL TO COMMERCIAL C-2.
1. That proper petitions were filed by the property owners requesting a change
in zoning, to wit: Change of residential zoning to commercial C-2 zoning;
that said petitions were submitted to the planning commission of the City of
Mountain Home, Arkansas; that notice of said petition and a public hearing
thereon was published in a paper having local circulaTIon as is required by
Ordinance Number 163; that public hearing was held and no remonstrances were
filed or heard.
That the following described real estate be, and is hereby changed in zoning
from residential to commercial, C-2 to-wit:
AN ORDINANCE AMENDING SECTIONS TWO AND FOUR OF ORDINANCE 119 OF THE CITY OF
MOUNTAIN HOME, ARKANSAS, ENTITLED "AN ORDINANCE CREATING THE OFFICE OF
PLUMBING INSPECTOR, GOVERNING THE CONSTRUCTION, INSTALLATION AND INSPECTION
OF PLUMBING, AND FOR OTHER PURPOSES."
APPROVED:
ATTEST:
Recorder
ORDINANCE # 214
AN ORDINANCE AMENDING ORDINANCE NO. 163 WITIl REFERENCE TO ZONING WITHIN THE CITY
LIMITS OF TIlE CIIT OF MOUNTAIN HOME, ARKANSAS, RELATIVE TO CHANGING AREA ZONED AS
RESIDENTIAL TO COMMERCIAL C-2.
That proper petitions were filed by the property owner requesting a change
in zoning, to-wit: Change of Residential zoning to Commercial zoning; That
said petitions were given to the Planning Commission of the City of Mountain
Home, Arkansas; That notice of said requests were published in a paper having
local circulation as is required by Ordinance No. 163; That public hearings
were held and no remonstrances were filed or heard.
Beginning again at the same point of beginning for the tract above
described and run thence South 29 deg. 15' East 18 feet and 4 inches
for point of beginning for this tract, and run thence S. 29 deg.
15' East 113 feet to a point designated as Point A, run thence
North 65 deg. 45' East 146 feet more or less to a point in the
Center of the Creek, run thence in a N.W. direction 225 feet,
more or less to the point of beginning, and beginning again 115 feet
North 65 deg. 45' East from Point A, and run thence South 65' to a
point, run thence East 130 feet more or less to the West side of the
creek, run thence along the West side of the creek to a point North
60 deg. 45' East of Point A run thence South 60 det. 45' West to the
point of beginning and containing in all 5/8 of an acre, more or less.
1. That proper petitions were filed by the property owner requesting a change
in zoning, to wit: Change of residential zoning to commercial C-2 zoning;
that said ~etitions were submitted to the plannQng commission of the City
of Mountain Home, Arkansas; That notice of said petition and a public hearing
thereon was published in a paper having local circulation as is required by
Ordinance Number 163; that a public hearing was held and all remonstrances
were heard and considered afterwhich the Planning Commission recommended that
the property be re-zoAed.
That the following described real estate be, and is hereby changed in zoning
from residential to commercial, C-2 to-wit:
Being a part of the swt NEt of Section 9 Twp. 19N., R. 13 West bounded on
the West by College Street and on the South by 9th Street
The above described property owned by Ralph Morris at the time of rezoning.
ORDINANCE NO.. 216
AN ORDINANCE REGULATING THE USE OF PUBLIC AND PRIVATE SEWERS AND DRAINS,
PRIVATE SEWAGE DISPOSAL, THE INSTALLATION AND CONNECTION OF BUILDING SEWERS,
AND THE DISCHARGE OF WATERS AND WASTES INTO THE PUBLIC SEWER SYSTEM: AND
PROVIDING PENALTIES FOR VIOLATIONS THEREOF: IN THE CITY OF MOUNTAIN HOME,
COUNTY OF BAXTER, STATE OF ARKANSAS.
ARTI€:LE I
Definitions
SEC. 1 "BOD (denoting Biochemical Oxygen Demand) shall mean the quantity
of oxygen utilized in the biochemical oxidation of organic
matter under standard laborator; procedure in five (5) days at
20 deg. C, expressed in milligrams per liter.
SEC. @ "Building Drain" shall mean that part of the lowest horizontal
piping of a drainage system which receives the discharge from
soil, wastes, and other drainage pipes inside the walls of the
building and conveys it to the building sewer, beginning fie (5)
feet (1.5 meters) outside the inner face of the building wall.
SEC. 3 "Building Sewer" shall mean the extension from the building drain
to the public sewer or other place of disposal.
SEC. ~ "Combined Sewer" shall mean a sewer receiving both surface run-
off and sewage.
SEC. 5 "Garbage" shall mean solid wastes from the domestic and commercial
preparation, cooking, and dispensing of food, and from the
handling, storage, and sale of produce.
SEC. 6 "Industrial Wastes shall mean the liquid wastes from industrial
t1
SEC. 7 "Na tura I Outlet" shall mean any outlet into a watercourse, pond,
ditch, lake, or other body of surface or groundwater
SEC. 9 "PH" shall mean the logarithm of the reciprocal of the weight
of hydrogen ions in grams per liter of solution.
SEC.IO "Properly Shredded Garbage" shall mean- the wastes from the
preparation, cooking, and dispensing of food that have been
shredded to such a degree that all particles will be carried
freely under the flow conditions normally prevailing in public
sewers, with no particle greater that one-half (t) inch (1.27
centimeters) in any dimension.
SEC.ll "Public Sewer" shall mean a sewer in which all owners of abutting
properties have equal righrs, and is controlled by public authority.
SEC.12 "Sanitary Sewer" shall mean a sewer which carries sewage and to
which storm, surface, and ground waters are not intentionally
admitted.
SEC.15 "Sewage Works" shall mean all facilities for collecting, pumping,
treating, and disposing of sewage.
SEC. 16 "Sewer" shall mean a pipe or conduit for carrying sewage.
SEC. 19 "Storm Drain" (sometimes termed "storm sewer") shall mean a sewer
which carries storm and surface waters and drainage, but excludes
sewage and industrial wastes, other than unpolluted cooling water.
SEC. 21 "Suspended Solids" shall mean solids that float on the surface 6f,
or are in suspension in water, sewage, or other liquids, and which
are removable by laboratory filtering.
ARTICLE II
SEC. 4 The owner of all houses, buildings, or properties used for buman
occupancy, employment, recreation, or other purposes, situated
within the city and abu±ting on any street, alley, or right-of-
way in which there is now located or may in the future be located
a public sanitary or combined sewer of the City, is hereby re-
quired at his expense to install suitable toilet facilities
therein, and to connect such faciliues directly with the proper
public sewer in accordance with the provisions of this Ordinance,
within one hundred twenty (120) days after date of official
notice to do so, provided that said public sewer is within three
hundred feet (300') of the property line.
ARTICLE III
SEC. 3 A permit for a private sewage disposal system shall not become
effective until the installation is completed to the satisfaction
of the Superintendent. He shall be allowed to inspect the work
at any stage of construction and, in any event, the applicant
for the permit shall notify the Superintendent when the work
is ready for final inspection, and before any underground por-
tions are covered. The inspection shall be made within twenty-
four (24) hours of the receipt of notice by the Superintendent.
SEC. 6 The owner shall operate and maintain the private sewage disposal
facilities in a sanitary manner at all times, at no expense to
the City.
SEC. 8 When a public sewer becomes available, the building sewer shall
be connected to said sewer within one hundred twenty (120) days
and_the private sewage disposal system shall be cleaned of sludge
and filled with clean bank-run gravel or dirt.
ARTICLE IV
SEC 2 There shall be two (2) classes of building sewer permits: (a)
for residential and commercial service, and (b) for service to
establishments producing industrial wastes. In either case, the
owner or his agent shall make application on a special form
furnished by.the City. The permit application shall be supple-
mented by any plans, specifications, or other information considered
pertinent in the judgment of the Superintendent. A permit and
inspection fEe of Five Dollars ($5.00) for a residential or commercial
building sewer permit and Five Dollars ($5.00) for an industrial
building sewer permit shall be paid to the City at the time the
applicatio~s filed.
SEC 3 All costs and expense incident to the installation and connection,
maintenance, and repair of the building sewer shall be borne by
the owner. The owner shall indemnify the City for any loss or
damage that may directly or indirectly be occasioned by the in-
stallation of the building sewer.
SEC 5 Old building sewers may be used in connection with new buildings
only when they are found, on examination and test by the Super-
intendent, to meet all requirements of this Ordinance.
SEC. 6 The size, slope, alignment, material or construction of a building
sewer, and the methods to be used in excavating, placing of the
pipe jointing, testing, and backfilling the +r-ence , shall all
conform to the requirements of the building and plumbing ~ode
or other applicable rules and regulations of the City. In the
absence of code provisions or in amplification thereof, the
materials and procedures set forth in appropriate specifications
of the A.S.T.M. and W.P.C.F. Manual of Practice No.9 shall apply.
SEC. 9 The connec~ion of the building sewer into the public sewer
shall conform to the requirements of the/building and plumbing
code or other applicable rules and regulations of the City, or
the procedures set forth in appropriate specifications of the
A.S.T.M. and the W.P.C.F. Manual of Practice No 9. All such
connections shall be made gas-tight and water-tight. Any de-
viation from the prescribed procedures and materials must be
approved by the Superintendent before installation.
SEC. 10 The applicant for the building sewer permit shall notify the
Superintendent when the building sewer is ready for inspection
and connection to the public sewer. The connection shall be
made under the supervision of the Superintendent or his re-
presentative.
ARTICLE V
(c) Any garbage that has not been properly shredded. The in-
stallation and operation of any garbage grinder equipped with
a motor of three-fourths (3/4) horsepower (0.76 hp metric)
or greater shall be subject to the review and approval of the
~, Superintendent.
ARTICLE VI
ARTICLE VII
SEC. 1 The Superintendent and other duly suthorized employees of the City
bearing proper credentials and identification shall be permitted
to enter all properties for the pmrposes of inspection, observation,
measurement, sampling, and testing in accordance with the provisions
of this Ordinance. The Superintendent or his representatives shall
have no authority to inquire into any processes including metallurgi-
cal, chemical, oil, refining, ceramic, paper, or other industries
beyond that point having a direct bearing on the kind and source
of discharge to the sewers or waterways or facilities for waste
treatment.
SEC. 2 The Superintendent and other fuly authorized employees of the City
bearing proper credentials and identification shall be permitted
to enter all private properties through which the City holds a
duly negouated easement for the purpose of, but not limited to,
inspection, observation, measurement, sampling, repair, and main-
tenance of any portion of the sewage works lying within said ease-
ment. All entry and subsequent work, if any, on said easement,
shall be done in full accordance with the terms of the duly negotiated
easement pertaining to the private property involved.
ARTICLE VIII
Penalties
SEC. 2 Any person who shall continue any violation beyond the time limit
provided for in Article VIII, Section 1, shall be guilty of a mis-
demeanor, and on conviction thereof shall be fined in the amount
not exceeding One Hundred Dollars ($100.00) for each violation.
Each day in which any such violation shall continue shall be
deemed a separate offense.
SEC. 3 Any person violating any of the provlslons of this Ordinance shall
become liable to the City for any expense, loss, or damage occasioned
the City by reason of such violation.
ARTICLE IX
Validity
Ordinance in Force
SEC. 1 This Ordinance shall be in full force and effect from and after its
passage, approval, recording, and publication as provided by law.
SEC. 2 Passed and adopted by the Council of the City of Mountain Home,
State of Arkansas, on the 1st day of April, 1968, by the
followin vote:
Ayes 8
Nays None
Namely: _
AN ORDINANCE AMENDING ORDINANCE NUMBER 163 WITH REFERENCE TO ZONING WITHIN THE
CITY LIMITS OF THE CITY OF MOUNTAIN HOME, ARKANSAS, RELATIVE TO CHANGING AREA
ZONED KS COMMERCIAL C-2 TO COMMERCIAL c-r.
1. That proper petition was filed by the property owners requesting a change
in zoning, t07wit: Change of commercial C-2 zoning to commercial C-I zoning;
that said petition was submitted to the Planning Commission of the City of
Mountain Home, Arkansas; that notice of said petition and a public hearing
thereon was published in a newspaper having local circulation as is required
by Ordinance Number 163; that public hearing was held and no remonstrances
were filed or heard.
That the following described real estate, be, and is hereby changed in
zoning from commercial C-2 to commercial C-l, to-wit:
That part of the Northwest Quarter (NWt) of the Northwest Quarter <NWt)
of Section nine (9), Township nineteen (19) North, Range thirteen (13)
West, bounded and described as follows: Beginning at the second post
oak tree North of the dry branch opposite what is commonly known as the
C.A. Eatman lot, which point is forty (40) rods and ten (10) links
South of the Northeast corner of said NWt NWt, run thence West two
hundred ten (210) feet; run thence North two hundred ten (210) feet;
run thence East two hundred ten (210) feet to the West right of way
line of U.S. Highway No. 62; run thence South along said right of way
line two hundred ten (210) feet to the place of beginning.
I"'i
8f!b_lj(J 4/4...
~~
Bob Ta1burt, Acting Mayor
Ordinance No. 218
WHEREAS, a petition was duly filed with the City Council of the City of
Mountain Home, Arkansas, asking the City Council to vacate and abandon all
that portion of land described as/follows, to wit:
That portion of Street lying between lots 24,25 and 26, 27 and that
portion of Street lying between lots 27, 26 and 36, 37 and that portion
of alleY. lying between lots 37 and 38 in College Heights Addition
to the City of Mountain Home, Arkansas, as shown by the recorded
plat thereof, in the office of the Recorder of Baxter County, Mountain
Home, Arkansas.
WHEREAS, after due notices as required by law, the Council has, at the
time and place mentioned in the notice, heard all persons desiring to be
heard on the question and has ascertained that the street or alley or
the portion thereof, hereinbefore described, has heretofore been dedicated
to the public use as a street or alley; has not been actually used by the
public generally; and that the public interest and welfare will not be
adversely affected by the abandonment of such a street or alley.
That portion of Street lying between lots 24, 25 and 26, 27 and that
portion of Street lying between lots 27, 26 and 36, 37 and that portion
of alley lying between lots 37 and 38 in College Heights Addi tion
to the City of Mountain Home, Arkansas, as shown by the recorded
plat thereof, in the office of the Recorder of Baxter County, Mountain
Home, Arkansas.
Section 3. This ordinance shall take effect and be in force from and
after its passage.
~~
Acting Mayor Bob Talburt
ORDINANCE NO 219
"G. All ceiling outlet boxes shall be fitted with plaster rings.
Number of conductors in boxes shall be governed by Article 370, Section 3709,
as set forth in the National Electrical Code."
"J. Temporary Service: There shall be a pole securely set in the ground,
pole to be of sufficient height to support the service drop, a minimum of
ten (10) feet above ground. Provide meter base, ffinimumconduit size one
(1) inch, minimum wire size No.6, and weather head. Equipped with fused
disconnect switch and grounding type receptacle. Entire system to be
assembled in conduit and grounded, on private property."
-3-
THE CITY LIMITS OF THE CITY OF MOUNTAIN HOME, ARKANSAS, RELATIVE TO CHANGING
1. That the following described real estate, be, and is hereby changed
in zoning from Residential to Commercial C-2;
2. That the following described real estate, be,· and is hereby changed
in zoning from Residential to Commercial C-l:
SECTION 1. That paragraphs (a) and (b) of Section Six, paragraph (d) of Section
seven; Sections Eight and Nine of Ordinance 113 are hereby amended as follows:
Section 6.
(a) Cause, allow, permit or suffer any vehicle registered in the name of, or
operated by such person, to be parked overtime or beyond the period of legal parking
time established for any parking meter space as herein described. Every two hours a
vehicle remains so parked shall be deemed a seperate occurrance, and shall constitute
a separate violation of this ordinance.
(b) Permit a vehicle to remain or be placed in any pa~king space adjacent to
any parking meter while said meter is displayi,ng a signal indicating that the vehicle
occupying such parking meter space has already parked beyond the period of time pre-
scribed for such parking space on the parking meter adjacent to such space. Every
two hours a vehicle remains so parked shall be deemed a separate occurrance, and
shall constitute a separate violation of this ordinance.
Section 7.
= (d) Any other facts, a knowledge of which is necessary to a thorough under-
standing of the circumstances attending such violation.
Each such Police Officer shall also attach to such vehicle a notice to the
owner or operator thereof that such vehicle has been parked in violation of the
provisions of this Ordinance, and instructing such owner or operator to report to
the office of the City Collector of Mountain Home, Arkansas, in regard to such
violating. Each such owner or operator may wi thin 48 hours, of the time when such
notice was attached to such vehicle, pay to the said City Collector at the City Hall
in Mountain Home, Arkansas, as a penalty for and in full satisfaction of such vio-
lation the sum of fifty cents (50¢). The failure of such owner or operator to make
such payment to the City Collector within said 48 hours shall render such owner or
operator subject to penalties therein after provided in Section Nine for violation
of the provisions of this Ordinance. Said City Collector shall keep strict accounts
of all such receipts, and shall report and remit such sums in the same manner as
required by ordinances of said City relating to other receipts of said office.
Section 9. Any person who shall violate any of the provisions of this Ordinance,
and any personswho aids, abets, or assists therein, shall upon conviction thereof
be subject to a fine in any amount not exceeding two dollars for the first such
offense or violation. Not to exceed five dollars for the second such offense; and
not to exceed ten and no/lOO dollars for each such offense in excess of two such
offenses or violations.
WHEREAS, a petition was duly filed with the City Council of the City of Mountain
Home, Arkansas, asking the City Council to vacate and abandon all that portion
of land described as follows, to wit: That part of Russell Street lying North
of the North line of lots 15,16 and 17 in Block 6 in the First Addition to
Langston Subdivision in the recorded plat thereof and the South line of said
Russell Street as it presently exists; also that part of the First Addition
to Langston Subdivision described as follows: Begin at the SW corner of lot
17 blk. 6 of the said Subdivision, run thence West along the South line of said
Subdivision 125' for a point of beginning, continue thence along said South
line 100' to a point where the said South line intersects Russell Street as
the Street now exists; thence, North East along the said boundary of Russell
Street 113.75' to a apoint, run thence South 58.7' to the point of beginning.
~ffiEREAS,after due notices as required by law, the Council has, at the time and
place mentioned in the notice, heard all persons desiring to be heard on the
question and has ascertained that the street or the pQ~tion thereof, herein-
before described, has heretofore been dedicated to the public use as a street;
has not been actually used by the public generally; and that the public interest
and welfare will not be adversely affected by the abandonment of such a street.
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF MOUNTAIN HOME,
ARKANSAS:
That part of Russell Street lying North of the North line00f lots 15, 16
and 17 in Block 6 in the First Addition to Langston Subdivision in the
recorded plat thereof and the South line of said Russell Street as it
presently exists;-calso that part of the First Addition to Langston Sub-
division described as follows: Begin at the SW corner of lot 17 block
6 of the said Subdivision run thence West along the South line of said
Subdivision 125' for a point of beginning, continue th~nce along said
South line 100' to a point where the said South line intersects Russell
Street as the Street now exists; thence, Northeast along the said bound-
ary of Russell Street 113.75' to a point, run thence South 58.7' to the
point of beginning.
Section 2. A copy of the ordinance duly certified by the City Recorder shall
be filed in the office of the Recorder of the County and recorded in the deed
records of the County.
Section 3. This ordinance shall take effect and be in force from and after
its passage.
APPROVED:
Mayor Bo e Drake
~,~ft:=e:
RecQ?der Wayne House
~RDINANCE NO. 223
VffiEREAS,the neoessary arrangements have been made by the City and the
District for the sale of their respective bonds, under which $500,000 of the
Revenue Bonds will be sold to the Government (if there is no satisfactory
bid from private ~urchasers at the public sale thereof (Pursuant to the
terms of a Loan Agreement with the Government) and $90,000 of the District's
bonds will be sold to private purchasers and $855,000 of the District's
bonds will be purchased by the Government (if no private purchasers submit
a satisfactory bid at the public sale thereof) pursuant to the provisions
of a Loan Agreement with the Government; and
WHEREAS, the City and the District have co~~enced construction of the
proj ect and are in need of interim financing to make payments under the
construction contract covering the phase of construction now under way and
to pay other expenses in connection with the project prior to receiving
the proceeds from the sale of the City's Revenue Bonds and the District's
bonds; and
WHEREAS, the Ci~r has determiaed to obtain its portion of the funds
immediately needed by the issuance of Revenue Temporary Bonds and the
Government has approved the City's proposal to obtain a temporary loan of
not to exceed $500,000 from Worthen Bank & Trust Company, Little Rock,
Arkansas, to be repaid from the proceeds of the definitive revenue bonds to
be issued by the City;'
FOR VALUE RECEIVED, the City of Mountain Home, Arkansas ("City"), hereby
promises to pay to bearer the sum of
"""':'---:- --:--:--
__ -:-:--:---:-- -:--_~DOLLARS
on or before , 19__ , with interest from date until paid at the
rate of six per cent (6%) per annum. Principal and interest shall be payable
at the office of Worthen Bank & Trust Company, Little Rock, PIkansas.
If for any reason the City can not or does not issue its Waterworks and
Sewer Revenue Bonds in the full principal amount contemplated in the over-all
financing proposal, it irrevocably covenants that it will issue Waterworks and
Sewer Revenue Bonds in at least that amount necessary to pay and retire the
principal and interest of the bonds and that it will utilize, to the extent
necessary, the first proceeds available from i~ Waterworks and Sewer Revenue
Bonds for the payment and retirement of the principal and interest of this
bond. The City further covenants that this bond evidences a temporary in-
debtedness incurred for the purpose of obtaining the City's portion of
immediately needed funds for making payments of construction costs covering
the construction now under way and to pay other expenses in connection with
the accomplishment of the project. Reference is hereby made to the ordinance
authorizing the issuance of the bonds for the details concerning the nature and
extent of the security.
The City shall have the right, without previous notice and without
penalty, to prepay all or any part of the principal of the bonds on any date.
The bonds are expressly made negotiable under the laws of the State of
Arkansas and are executed with the intent that the laws of the State of Ark-
ansas shall govern the construction thereof.
(SEAL)
page 3
Section 3. The City covenants that the proceeds of the bonds shall be
expended solely for the purpose of paying the costs of accomplishing the pro-
ject and paying expenses incidental thereto and to the authorization and
issuance of the bonds.
APPROVED:
ATTE ST:
, I Mayor
Ordinance No. 224
All other areas within the Corporate Limits of the City of Mountain
Home are hereby designated to be within the boundaries of the second fire district
as so defined.
Section 4. Validity.
$ection 5. Inconsistency.
This Ordinance shall take effect sixty (60) days after its approval,
Attest:-~~tf?
Fder
Ordinance Number 225
AN ORDINANCE AMEl'ifDllW
ORDINANCE NUMBER 163 v1!ITH REFERENCE TO ZONING
WITHIN THE CITY LIMITS OF THE CITY OF MOUNTAIN HOME, ARKANSAS. RELATIVE
TO CHANGING AREAS ZONED AS RESIDENTH,L TO COMMERCIAL.
-------i
ORDINANCE NUMBER 226
Whereas, such connections may effect the sanitary status and integrity
of the cities water and sewer system, and;
WHEREAS, a Petition was duly filed with the City Council of the City
of Mountain Home, Arkansas, asking the City Council to vacate and abandon
a 50-foot street designated as Michael Street in Wiseman Terrace Subdivision,
said street lying East of unplatted properties owned by Rudolph Skiver, et ux,
and Lot 4 of said Subdivision and West of Lots 19 and 20 of said SubdiVision,
all in the City of Mountain Home, Arkansas and;
vmER&~S, after due notice as required by law, the Council has, at the
time and place mantioned in the Notice, heard all persons desiring to be
heard on the question and has ascertained that the said street hereLnbefore
described has been dedicated to the public as a street; but has never been
used by the public generally; that, in fact, the said street has never been
built and that said non-user is for a period of more than 5 years last passed;
and the public interest and welfare 1~11 not be adversely affected by the
abandonment of such street.
PASSED: ff<'(>~
-? - Ik )
/ 91:<r
~.
APPROVED:/f\:~
'0' 7<; /'
ORDINJu'JCENO. 228
IVhereas, experience and accepted national housing surveys have clearly demonstrated
that such conditions result in a large measure from improper maintenance, inadequate
sanitary facilities, overcrowded conditions in residential occupancies, buildings
and premises and from general neighborhood neglect; and,
Wbereas, it has how become co~~on knowledge that these conditions can be relieved,
in a measure prevented and often eliminated th~ough planned and properly enforced
minimum housing standards, resulting thereby in the upgrading of living conditions
and an overall enhancement of the general health, safety and welfare of all
residents and property m~ers of the community; and,
~ereas, the laws and statutes of the State of Arkansas provide that model
ordinances and codes may be adopted by reference;
Section 1& The Southern Standard Housing Code, being particularly the 1969 edition
thereof and the whole thereof, save and except such portions as may hereinafter
be amended, of which not less than th~ee (3) copies have been and are now filed
in the office of the City Recorder of the City of Mountain Home, and the same are
hereby adopted and incorporated as fully as if set forth at length herein, and
from the date on which this ordinance shall take effect, the provisions thereLn
shall be controlling in the use, maintenance and occupancy of all dwellings,
dwelling units and/or structures ,1ithin the area of jurisdiction of the City of
Mountain Home .•
Section h. All ordinances or parts of ordli1ances in force at the time that this
ordinance shall take effect and L~consistent herewith are hereby repealed.
Section 5. This ordinance shall take effect i~.ediately upon passage, the welfare
of the City of YJountain Home requiring it ••
Passed: Appr-oved;
?l
~-..l,/ ~~:=,i~~~""';""";::....,,- __
Hayor
ORDINAl'J"CE
NO. 229
!IJHEREAS,a Petition was duly filed 1rith the City Council of the City of Mountain
Home ,.Arkansas, asking the~ City Council to vacate an unnamed 5 foot alley running
North and South between U. 0. Highway 62 and Dodd Creek Road and roughly dissecting
the follovnng described lands in Baxter County, Arkansas, to-w~t:
~rHERRAS, after due notice as required by law, the Council, has at the time and
place mentioned -i11 the Notice, heard all persons desiring to be heard on the question
and has ascertaLled that the said alley hereinbefore described is sho~m on Dodd1s
Plat of the Town of Mountain Home as an alley; but the same has never been used
by the C-eneral Public; that, in fact, the said alley has never been built and the
said nonuser is for a period of more than five years last passed; and the public
interest and welfare ~nll not be adversely affected by adandonment of said alley.
Section l~ The City of Y~untain Home, Arkansas hereby releases, vacates and
aba.ndons all its rights, together with the right of the public generally,in and
to the said alley above described and vests such rights therein in the fEe simple
ovmers of the property above described.
Section 2. A copy of this ordinance duly certified by the City Recorder shall
be filed in the office of the Recorder of Deeds and Records of Baxter County,
Arkansas and recorded kl said records.
Section 3. This ordinance shall take effect and be in full force from and
after its passage.
_4TTEST:
230
(I
I Section 1. It shall be unlawful for any pErson or group of persons, acting
I singly or L~ concert, to wander, loiter, or prowl upon the parking area of any
\ shopping center, supermarket, gasoline sel~ice station, or other business
\ establishJnent, bet1veen the hours of 12:01 a zm, and h:oO a.m" '~rithoutany
~a'wful busL118SS
Section 3" State and local pOLlce, .as well as the Sheriff or Baxter COTh~ty and/or
his Deput.Les are hereby authorized to enter upon the parking areas of private
business establis~uents and discover, investigate and make the arrest of persons
thereon violating the laws of the State of Arkansas, or the ordinance of the City
of MO~l1tain Home, Arkansas, to the same extent if such person or persons were upon
the public streets and highviays.
Section Any person violating the provisions of this ordLlance shall be guilty
of a misdemeanor and upon conviction thereof shall be subject to a fi0e of not
less than $10.00 nor more than $100.00, (Ten Dollars nor more than One Hundred
Dollars) e
Section 5. The passage and enactm.ent of this ordL~ance being essential to the
good of the public health, safety and 'i'lelfare,a state of emergency is declared
to exist and this or-d.inanceshall be in full effect from and after its passage.
All laws and partial laws that conflict herew~th are hereby repealed.
this ordinance shall not affect the validity of any other part of this ordinance
which can be given effect Mdthout such invalid part or Darts.
PJ\,sSED=
O~Dn~ANCE NC. 231
-ItJHEP~El~S, a petition. ifTas filed iArith the County Cl.er-k of Baxter County,
Arkansas, by the real estate o~mers of the hereinafter described territory,
praying that said territorJ be annexed to and made a part of the City of
Mountain Home, Arkansas, and,
lJHEREAS, on the 30th day of .Iune 1969, the County Court of Baxter Count.y,
Arkansas found that said petition was signed by a majority of the real estate
o~~ers in both n~~ber and owuership of acreage in said territo~T, that said
territol~ is contiguous And adjoining the present corporate liwits of the
City of MO·~ltain Home, Arkansas; that an accurate plat or map of said territorJ
showing its relationship to the present city had been fj_1ed vTith and made a
part of said petition; that proper notice had been give~ for the time and in
the manner prescribed by la"r; and that said lands and territory should be
a~~exed to and made a part of the City of Mountain Home, Arkansas: subject to
the accepta~ce of the s?~e by the Citv COlli~cil of said Cit~ at the proper
time as provided by law, and,
'c'lI-IERE.AS,
the ti!'18fixed by la"l<1
for appea.rmg from said order of annexation
made by the County Court has expired, and no appeal has been taken from
said order,
Section 1: That the following described lands and territo~T contiguous and
adjoining the City of ~fuuntain Home, Arkansas, be, and the same is
accepted as a part of arid annexed to and made a part of the Ci of I\Iolliltairl
Home, Arkansas:
mh c::~ T\-~
1 ,. .i.8 ,-,r~';4 :~L.i:4; vr.:.8 FH'l
-1-'
\l,W4" S"r'l
.•. ,.c,;:q;; t",na"'G par-c. i,
01.~'1 ""[_11.'8 1\1.1.
'~2 'S'2" H.r..%
1\'",",,' "'TIl
h VV4 ano ,,,.. ~[,ne
I\T3,lh 1'1W4l'TE~ lying scut.h of t.he nor-t.herlv right-of -wa~r line of
U S. Highway No. 62; a strip of land along the east side of the
o
side of the SW~ NEi measured 40 feet in width from and running
nara I~Le l' t.o t.h ne east- -I- ~.
Lane 0;' s» - c1 ""'i T' ~~~l
sa i.a ~i'(4 "11:'.."4; ,.
a sr.rup 01n 1
Lan j d 1 ',
ong t.ne
..•.
, • .-'I i\ipl e<-pl , ) 0 +' .;..' . '-'-h ~ .' .
ea st. s i.:.•.e 0.1 t.ne \tJ4 0''':;4 mea sur en II .s, ee;,., r r-om ana. r'urrm.ng
.p' ,
11 lD -W.LQv 1
That part of the NEiNEt of said Section 3 and the rriJ'J%DThT% and the
SI·JtlJ'vJt of said Section 2, lying south and "lest of the follo"Ting
described line; Commencing at 2,po~nt on the northerly right-of-way
line of ITo S. Highway Noo 6? ~Dd 60 feet east of t~€ west line of
• , ",TT;' 1 i\~v"1 S
sa i.u -I- •
LJ-~~41;.L.:4, ,·eCLrlOn ,..) lor
":< ~
poan • + ~, ..
t 01 08gJ-rlnmg;
-,-, -1-'
cnen ce SOUu!1 a 1ong
8 line 60 feet east of and parallel to the west line of said
~m%NE~, Section 3, a distan~e of 300r to a Doint on the northerly
right-of-wav line of a proDosed subdivision street, said poLnt
be mg the po.irrt of curve of an 8 deg. -50 I curve to the right
CD= 8 degc-501) and the SW corner 0: Elks Lodge 1 property;
thence easterly along the northerly right-of-way line of said
pr-oposed subdivision street and the B deg.-50 curve to the right
a distance of 290' to the SW corner of Lot 1, Phase I, proposed
Fairvlay ~funor Subdivision; thence N 16 deg.-28i E a distance of
90.65 ; thence N 24 deg.-04i ECa distance of 71042 ; thence S
58 deg.-001 E a distance of 191.15"; thenCe 5 deg.-OO! E a
distance of 86.73!; thence S 70 deg.-hII E a distance of 567.3S';
thence S 59 de g, 211 E a distance of 97.251) thence S 6J~ deg.-371-2P
E a distance of 750.271; thence S 3 degG-151 E a distance of 306.1L';
thence S 2 dego-OOI ItJ a distance of 21.'1.01; thence S 54 deg.-OO'
Wa distance of 89.19'; thence West a distance of 79.861; thence
S 2 deg.-OOI W a distance of 136.01; thence East a dist2nce of
80.271; thence S 2 deg.-OOI W a distance of 136.01; thence N
de~.-30' E a distance of 763.25' to a point on the east line of
SW%NW~, Section 2 and point of ?ndLng, said point being 626.0' north
A 1.~ -'-h
0 .•. > ~
~~~n .•..:..e......"l" of
_8 SF ;,..,.vJ.. .. s~ a'i.d C'TTl ~.T1",T.L
-'-U \..A;lf~41\ltJV4o
~ 2 -
ATTEST~
(
ORDDJANCE NO. 232
That the follow~ng described real estate be, and is hereby changed in
zoning from residential to co~~ercial 0-2 to-wit:
BE IT ORDATImD
IT IS TI-JEREFOHE,
ORDAINED BY THE CITY: COL1,TCIL DF HO\.TIITTAllJ HOl'!fE, 1:I.R.K.4NSi,S:
Ie That the following real estate be, and is hereby changed in zoniLg
from residential to cOl~0erci81 C-2:
Tract 2: Begin.ning at the center -of North Street on the East, boundary-
of College StreetJ rQ~ thence North on·th~ East side of College Street
to a point due E~st of the North boundary o~ Lake Street; run thence
East to the Forth line of Tract laboY6 described; rL1.'1. thence in a
Southwesterly direction along said North line of tract 1 to ~he
point of beginning.
FNP,CT'?,D TrIF hTH DjY OF jJJGUST 1969, J\I\ID DFCL!~RED EFFEC,Tr~is FROT1 ~4I\JDAFTEB_
ITS FI1SS.A..GE$
~4TTEST:
ORDIN~~rJCE NO.
BE IT OPJJAINED BY TIE CITY COD'NCIL 0'5' THE CITY OF HOU1JTiIDJ HOT1E, ARKANSAS~
I. That proper petitions 1 rere filed -b"-:I t.he pr-oper-ty owner-s r-eques't.i.ng
A a
ch~ige lli zonL~go to-~dt: Change or residential zoning to com~ercial C-2
zor.:.i2Jg; t.hat, said petitions were submt.t.t.ed to the PLarm i.ng Comni.ssd.on of
the City of MOill1tsDl Home Arkansas; that notice of said petitio~ and
j
That the follow~ng described real est2te be, and is herebv changed ~~
zoning from residential (R-1) to cOGmercial (C-2) to-w~t:
---
WHEREAS, the City of Mountain Home, Arkansas (the "City"), owns
WHEREASr the City Council has determined that the existing System
should be constructed in order to make the System adequate for the immediate
fications and estimates of costs of the needed exte ns Ion s 1 betterments and
improvements (the "improvements ") which are on file with the City Clerk and
WHEREAS, the City does not have funds available to undertake the
, needed improvements I but can obtain the same by the is suance of revenue
ments it will be in the best interest of the City to refund the outstanding bonds
of an issue of Water and Sewer Revenue Bonds, dated July 1,1950 ("1950 Bonds"L
and an issue of Wat.erwork s and Sewer Revenue Bonds, dated September 1, 1960
("1960 Bonds") f which bonds are by their terms callable for payment prior to
maturity; and
Page 2
WHEREAS, the City has made the necessary arrangements for the
interest at the rate of 6% per annum I at a price of par and accrued interest; and
WHEREAS the City has entered into a Loan Agreement with the United
I
par and accrued interest if there is not a better price bid at a public sale of
out of grant funds from an agency of the United States of America and from avail-
able proceeds of Improvement Bonds being is sued by Water and Sewer Improvement
District No. 3 of Mountain Home in two series, with Series A in the principal
WHEREAS the Series A Bonds and the Series B Bonds will be collectively
I
Authority is hereby conferred for the taking of the necessary steps I and the
Section 2. The City Council hereby finds and declares that the period
of usefulness of the System after the completion of the improvements will be more
than forty (40) years 1 which is longer than the term of the bonds.
Page 3
the State of Arkansas r including particularly Act No. 131 of the Acts of Arkansas
of 19331 as amended/ Act No. 132 of the Acts of Arkansas of 1933, as amended,
Act No. 297 of the Acts of Arkansas of 1937, as amended, and the applicable
City of Harrison v. Braswell, 209 Ark. 1094 1 193 S.W.2d 12 (l946L Waterworks
and Sewer Refunding and Construction Revenue Bonds, Series A and Waterworks
1
and Sewer Refunding and Construction Revenue Bonds 1 Series B, are hereby
authorized and ordered issued for the purpose of accomplishing (with other funds)
and paying the expenses of authorizing and issuingthe bonds. Payment of bearer
bonds and interest coupons shall be made at the principal office of the Paying
owner at the address shown on the bond registration book of the City maintained
by the Trustee.
A. The Series A Bonds shall be dated July I, 1969 I shall bear interest
and July 1 of each year I commencing January 1/ 1970 1 shall be in the denomination
of $1-,000 each (except Bond No.7 which shall be in the denomination of $500) and
shall be numbered consecutively from 1A to 152A. Worthen Bank & Trust Company I
Little Rock, Arkan sa s , will be Trustee and Paying Agent for the Series A Bonds
BOND NOS.
1970 IA - 7A $ 6,500
1971 8A - l4A 7/000
1972 15A - 2lA 7/000
1973 22A - 29A 8,000
1974 30A - 37A 8/000
1975 38A - 46A 9/000
1976 47A - 55A 9/000
1977 56A - 6SA 10/000
1978 66A - 76A 11,000
1979 77A - 87A 11/000
1980 88A - 99A 12/000
1981 100A - IllA 12/000
1982 l12A - 124A 13/000
1983 12SA - 138A 14/000
1984 139A - lS2A 14/000
The Series A Bonds shall be negotiable coupon bonds payable to
B. The Series B Bonds shall be dated July I, 1969 1 shall bear interest
at the rate accepted by the City at the public sale I interest shall be payable
1970, and the Series B Bonds shall mature on July 1 of each of the years 1985
to 2005 r inclusive (as appears in the form of Notice of Sale hereafter set forth) I
it one single fully registered bond with annual installment payments of principal
in the amount set forth in the maturity schedule in the form of Notice of Sale with
upon ninety (90) days notice to the City to coupon bonds payable to bearer but
the fully registered bond, numbered consecutively from IB upwards I in the total
registered bond. The City agrees to print, at its expense, execute/ seal,
cause to be authenticated by the Trustee and deliver any such exchange bonds
/
Page 5
in such publications as the Mayor shall determine will insure adequate notice
and opportunity for bidding. After the sale I the terms of the sale of the Series
its Resolution, the City Council shall set forth the details of the Series B Bonds
The form of the Notice of Sale for the Series B Bonds shall be in
NOTICE OF SALE
$500,000
CITY OF MOUNTAIN HOME ARKANSAS I
1969/ for the purchase of the City's $500,000 Waterworks and Sewer Refunding
July I, 1969/ will mature serially in numerical order on July 1 in each of the
years 1985 to 2005, inclusive, and will bear interest at such rate or rates
averaging not greater than the maximum acceptable figures herein provided.
commencing January 1/ 1970. The bonds will mature July 1 of each year, as
fol.Iow s:
YEAR AMOUNT
1985 $16/000
1986 16/000
1987 17,000
1988 18,000
1989 19/000
1990 19,000
1991 20,000
1992 21,000
1993 22,000
1994 23,000
1995 24,000
1996 24,000
1997 25,000
1998 26,000
1999 27,000
2000 28,000
2001 29,000
2002 30,000
2003 31,000
2004 32,000
2005 33,000
Page 7
The bonds are being is sued for the purpose of financing I together
with federal grant funds and the proceeds derived from the sale of Waterworks
and Sewer Refunding and Construction Revenue Bonds r Series A, dated July I,
1969, in the total principal amount of $151,500 1 Water and Sewer Improvement
1969 r in the principal amount of $222,000 1 and Water and Sewer Improvement
of the City of Water and Sewer Revenue Bonds, dated July 11 1950 I and an issue
of Waterworks and Sewer Revenue Bonds , dated September 11 1960 1 and the
and sewer system (II improvements ") serving the inhabitants of the City and
adjacent areas. Reference to the unqualified word "bonds" will mean only the
advertis ed hereby.
The bonds are being -issued under the Constitution and laws of the
State of Arkansas I including specifically Act No. 131 of the Acts of Arkansas
of 19331 a s .amended , Act No. 132 of the Acts of Arkansas of 19331 as arnended ,
Act No. 297 of the Acts of Arkansa s of 1937 1 as amended I and the decision of
the Supreme Court of the State of Arkansas in the case of City of Harrison v.
Braswell I 209 Ark. 1094 1 194 S.W .2d 12 (1946). The bonds will not be general
obligations of the City I but will be special obligations payable solely from net
revenues derived from the operation of the Waterworks and Sewer System of the
City I and will not constitute an indebtedness of the City within the meaning
as to Iteri , pledge and security with the issue of Waterworks and Sewer Refund-
From funds from any source on any interest payment date on and after July I,
1979, upon not less than thirty (30) days notice at a price of par and accrued
A Loan Agreement has been entered into with the United States of
to buy, at par plus accrued interest, at 3-3/4% per annum interest rate, any
maturities of these bonds for which no other bid complying with the terms of
the Official Notice of Sale is received at an equally favorable net interest cost.
in the event a bidder fails to comply with the terms of his bid. Checks of
Bids of not less than par and accrued interest, at an average net
interest cost not to exceed 3-3/4% for the amount of bonds bid, will be con-
sidered for consecutive full annual maturities provided: (1) coupon rates
all bonds maturing on the same date shall bear the same rate of interest; (3)
no bond shall bear interest at more than one rate re nd (4) the difference
between the lowest and highest interest rates named shall not exceed 2%.
amount of bonds. If two or more bids are for the same amount of bonds I
preference in award will be given to the bid resulting in the lowest net interest
cost. The lowest net interest cost will be determined I after excluding the bid
Page 9
of the United States of America I by deducting the total amount of any premium
bid from the amount of interest from July I, 1969, until their respective maturities.
Any bonds not awarded pursuant to the provisions of this Notice of Sale will be
The City reserves the right to reject any and all bids and to waive
The succes sful bidder will be furnished, without cost , the executed
bonds accompanied by the unqualified legal opin ion of Smrth , Williams I Friday
& Bowen, 1100 Boyle Buildfnq , Little Rock/ Arkansas, bond counsel. The ex-
penses of the issue I including 1 without limitation / the printing and trueteeing
of the bonds and the fee of bond counsel, upon whose approving opinion the
The Trustee and Paying Agent will be Worthen Bank & Trust Company,
For further Informat ion , address the unders icned , or Smith I Williams,
Friday & Bowen, 1100 Boyle Building, Little Rock, Arkansas 72201.
by the Mayor and City Clerk and shall have impressed thereon the seal of the
City. The bonds may be executed by the facsimile signature of the Mayor and
the interest coupons attached to the bonds may be executed by the facsimile
signature of the Mayor. Any facsimile signature of the Mayor shall have the
same force and effect as if personally signed by him. The bonds must be exe-
cuted by the manual signature of the City Clerk. The bonds, together with
interest thereon, shall be payable solely out of the 1969 Watenvorks and Sewer
Revenue Bond Fund, as hereafter set forth, and shall be a valid claim of the
holders thereof only against such fund and the revenues pledged to such fund,
, which revenues are hereby pledged and mortgaged for the equal and ratable
payment of the bonds I and shall be used for no other purpose than to pay the
vided in this Ordinance. The bonds and and interest thereon shall not constitute
and the bonds are is sued on a parity as to lien, pledge and security.
the following form, and the Mayor and City Clerk are hereby expressly authorized
and directed to make all recitals contained therein (in the event a purchaser
elected to receive a single fully registered bond initially, the form will be
appropriately varied to accommodate that type bond I but the substance of the
contents will be the same and such variations are hereby expressly authorized:
UNITED STATESOF AMERICA
STATEOF ARKi'\NSAS
COUNTY OF BA.XTER
CITY OF MOUNTAIN HOME r ARKANSAS,
% WATERWORKSAND SEWERREFUNDING AND CONSTRUCTION
-- REVENUEBONDS SERIES 1
No. _ $_----
That the City of Mountain Home I in the County of Baxter and State of
Arkansas, acknowledges itself to owe I and for value received, hereby promises
solely from the special fund provided as hereafter set forth, the principal sum of
__________________ DOLLARS
in lawful money of the United States of America on the first day of July, 19_
and to pay solely from said special fund interest hereon at the rate of
January -1and July 1 of each year, commencing January I, 1970, upon presentation
and surrender of the annexed coupons as they severally become due. Payment of
address reflected on the registration book of the City. Payment of principal, when
payable at the princtpal office of Worthen Bank & Trust Company, Little Rock,
and effect except as to number, rate of intere st , denomination, maturity and right
of prior redemption (the "bonds ") I and is sued for the purpose of financing a portion
of the costs of refunding all of the outstanding bonds of an issue of Water and
Sewer Revenue Bonds I dated July I, 1950, and an issue of Waterworks and Sewer
and improvements (the" improvements ") to the water and sewer facilities of the
City (which facilities are operated as an inter-related munfc ipa l undertaking and
Page 12
which are herein referred to as the "System") I costs of authorizing and issuing
The bonds are issued pursuant to and in full compliance with the
Constitution and laws of the State of Arkansas I including particularly Act No.
131 of the Acts of Arkansas of 1933, as amended, Act No. 132 of the Acts of
Arkansas of 1933 1 as amended, Act No. 297 of the Acts of Arkansas of 1937 I as
amended 1 and applicable decisions of the Supreme Court of the State of Arkansas,
including particularly City of Harrison v. BraswelL 209 Ark. 1094, 194 S.W.2d
12 (1946), and pursuant to the Authorizing Ordinance. The bonds do not con-
The bonds are not general obligations of the City, but are special obligations
payable solely from revenues of the System. The bonds are issued on a parity
as to lien, pledge and security with an is sue of Waterworks and Sewer Refunding
System revenues sufficient to pay the principal of and interest on the bonds is to
be set aside in a special fund for that purpose identified as "1969 Vlaterworks and
Sewer Revenue Bond Fund ("Bond Fund "), created by Ordinance No. I duly
(the "Authorizing Ordinance") under which the bond s are authorized to be issued
and to which reference may be had by any interested person for a statement of
the nature and extent of the security and the rights and obligations of the City r
the Trustee, the holders and registered owners of the bonds. ~The City has fixed
and has covenanted and agreed to maintain rates for water and sewer services
which shall be sufficient at all times to at least provide for the payment of the
reasonable expenses of operation and maintenance of the System, provide for the
payment, principal and interest, of all bonds to which payments must be made to
satisfy pledges of System revenues I including specifically the bonds 1 and make the
newspaper published in the City of Little Rock , Arkansas I and having a general
circulation throughout the State of Arkansas r giving the number and maturity of
each bond being called/ the publication to be at least fifteen (15) days prior to
the redemption date and after the date fixed for redemption each bond so called
shall cease to bear intere st , provided funds for its payment are on deposit with
the Paying Agent at that time. In addition I notice shall be given by first clas s
mail to the registered owner of any bond registered as to principal and interest at
the address of such owner reflected on the books of the Bond Registrar and if all
by first class mail to the registered owners thereof as aforesaid shall be sufficient
This bond may be registered as to both principal and interest and may
be discharged from such registration in the manner I with the effect and subject
Ordinance shall affect or impair the negotiability of this bond and this bond shall
be deemed a negotiable instrument under the laws of the State of Arkansas and
is is sued with the intent that the laws of the State of Arkansas will govern its
construction.
and things required to exist, happen and to be performed precedent to and in the
is suance of this bond, have existed, have happened and have been performed in
due time r form and manner I as required by law; that the indebtednes s represented
by the bonds of this issue does not exceed any constitutional or statutory limitation;
Page 14
and that sufficient revenues have been pledged to and will be set aside into the
Bond Fund for the payment of the principal of and interest on the bonds of this issue.
This bond shall not be valid until the Certificate of Authentication hereon
City Council, has caused this bond to be Signed by the Mayor and City Clerk thereof
(with either the manual or facsimile signature of the Mayor, but with the manual
signature of the City Clerk) and sealed with the seal of the City I and has caused
the interest coupons attached to be signed by the facsimile signature of the Mayor I
By (Facsimile signature)
Mayor
City Clerk
(SEAL)
Page 15
(Form of Coupon)
$ $_---
January I
On the first day of July r 19_, the City of Mountain Home 1 Baxter
County, Arkansas 1 unless the bond to which this coupon is attached is paid
prior there to , hereby promises to pay to bearer solely out of the fund specified
__________________ DOLLARS
in lawful money of the United States of America r at the office of Worthen Bank &
Trust Company, Little Rock, Arkansas, being six (6) months interest then due on
its Watervvorks and Sewer Refunding and Construction Revenue Bonds 1 Series_I
CERTIFICATEOF AUTHENTICATION
This bond is one of the bonds of the issue of Waterworks and Sewer
Refunding and Construction Revenue Bonds, Series _, dated July I, 1969, de-
By: _
Authorized Signature
Page 16
presentation hereof to the bond registrar I which shall make mention of such
registration in the registration blank below r and this bond may thereafter be trans-
ferred only upon an assignment duly executed by the registered owner or his attor-
ney or legal representative in such form as shall be satisfactory to the bond regis-
trar r such transfer to be made on such books and endorsed hereon by the bond
livery shall be restored, but this bond shall again be subject to successive regis-
trations and transfers as before. The principal of this bond, if registered, unless
registered to bearer, shall be payable only to or upon the order of the registered
owner or his legal representative. Interest accruing on this bond will be paid
only on presentation and surrender of the attached interest coupons as they re-
principal r the appurtenant interest coupons shall remain payable to bearer and
of this bond r or at any time thereafter while this bond is registered in the-name
paid hereon shall be surrendered to said bond registrar,a statement to that effect
will be endorsed hereon by the bond re qi.strar and thereafter interest evidenced by
such surrendered coupons will be paid by check or draft of the bond registrar at
the times provided herein to the registered owner of this bond by mail to the
address shown on the registration books. This bond when so converted into a
~
bond registered as to both principal and interest may be reconverted into a coupon
bond at the written request of the registered owner and upon presentation at the
office of said bond registrar. Upon such reconversion the coupons representing
Page 17
the interest to become due thereafter to the date of maturity will again be at-
tached to this bond and a statement will be endorsed hereon by the bond regis-
or payable to bearer.
Manner of Signature of
Date of Registration: Name of Registered Owner: Reqistration: Bond Registrar
Page 18
Section ·6. That the present rates charged for water and sewer
Council and the conditions I rights and obligations pertaining thereto I as set
out in said Ordinance are hereby rat ifi ed , confirmed and continued.
The City covenants and agrees that the rates shall never be reduced.
while any of the bonds are outstanding unless there is obtained from an independent
certified public accountant a certificate that the net revenues of the System (net
revenues being defined as gross revenues les s the expenses of operation and
maintenance or the Sys tern , including all expense items properly attributable to
the operation and maintenance of the System under generally accepted accounting
principles applicable to municipal water and sewer facilities) I with the reduced
rates I will always be equal to the amount required to be set aside for the
Depreciation Fund and leave a balance equal to at least 150% of the aggregate
average annual principal and interest requirements on the bonds of this is sue and
the bonds of any subsequent parity. issue. The City further covenants and agrees
that the rates shall I if and when neces sary from time to time I be increased in
such manner as will produce net revenues at least sufficient to provide the re-
quired deposit into the Depreciation Fund and leave a balance equal to the amount
necessary for paying principal and interest when due of all outstanding bonds
and maintain all funds in connection with all outstanding bonds I to which
System shall be furnished without a charge being made therefor. In the event
that the City or any department, agency or instrumentality thereof shall avail
itself of the facilities and services afforded by the System, the reasonable value
of the services or facilities so afforded shall be charged against the City or such
department t agency or instrumentality and shall be paid for as the charges therefor
Page 19
the operation of said System; provided f however; that nothing herein shall be
gross revenues derived from the operation of the System and shall give bond for
the faithful discharge of his duties as such custodian. The amount of the bond
shall at all times be at least equal to the total funds in his custody at anyone
time, and the bond shall be approved by the City Council and by the Trustee.
From and after the delivery of any bonds issued under the provisions of this
undertaking. All moneys received by the Treasurer shall be de pos rted by him in
such depository or depositories for the City as may be lawfully designated from
time to time by the City Council; subject, however, to the giving of security as
now or hereafter may be required by law I and provided that such depository or
depositories shall hold membership in the Federal Deposit Insurance Corporat ion ,
All funds specified in this Ordinance shall be in the name of the -City and all
revenues belong and all funds shall be maintained in a bank or banks selected
by the City / each of which must hold membership in the Federal Deposit Insurance
Corporation. Any deposit in excess of the amount insured by the Federal Deposit
the operation of the System shall be paid into a special fund, which is hereby
created and designated "Waterworks and Sewer Fund. 11 The revenues in the
There shall be paid from the Waterworks and Sewer Fund into a fund which is
hereby created and designated "Waterworks and Sewer Operation and Maintenance
Fund" ("Operation and Maintenance Fund") I on the first business day of each month
as insurance premiums and the cost of maj or repair and maintenance expenses
may be computed and set up on an annual basis I and one-twelfth (1/12) of the
amount thereof may be paid into the Operation and Maintenance Fund each month.
If in any month for any reason there shall be a failure to transfer and
pay the required amount into the Operation and Maintenance Fund r the amount of
and paid into the fund the next succeeding month. If in any fiscal year a surplus
shall be accumulated in the Operation and Maintenance Fund over and above the
amount which shall be necessary to defray the reasonable and necessary costs
of operation, repair, maintenance and insuring of the System during the remainder
of the then current fiscal year and the next ensuing fiscal year I such surplus may
be transferred and deposited in the 1969 Waterworks and Sewer Revenue Bond Fund
may designate; provided, however, that any such transfers shall be in addition to
(a) After making the monthly deposit in the Operation and Maintenance Fund ,
there shall be transferred from the Watervvorks and Sewer Fund into a special
fund which is hereby created and designated 1!19§9 Watervvorks and Sewer Revenue
after stated in Subsection (b) for the purpose of providing funds for the payment
of the principal of and interest on the bonds I and the Paying Agent's fees / as
they mature / and a s a debt service reserve. The Series A Bonds maturity schedule
is as follows and the Series B Bonds schedule will be set forth in the Resolution
(b) There shall be paid into the Bond Fund on the first business
day of each month until all outstanding bonds of this issue with interest thereon
have been paid in full or provision made for such payment, a sum equal to one-
fifth (1/5) of the next installment of interest and one-tenth (1/10) of the next
together with accrued interest received at the time of the delivery of the bonds
to fully provide for the first interest payment on the bonds I if any additional
amount be required) and an amount sufficient to provide for the Paying Agent's
fees I on all outstanding bonds I until a debt service reserve shall have been
accumulated in the amount of $36 t 000. When the debt servrce reserve has
been accumulated in the required amount, the monthly payments into the Bond
Fund may be reduced to one- sixth (1/6) of the next installment of interest
an amount sufficient to provide for the Paying Agent's fees r but if the debt
service reserve becomes Impaired , the payments of one-fifth (1/5) and one-tenth
(1/10) r respective / and an amount sufficient for the Paying Agent's fees, shall
.(6) If the revenues of the System are insufficient to make the required
payment on the first business day of the following month into the Bond Fund 1
then the amount of any such deficiency in the payment made shall be added
to the amount otherwise required to be paid into the Bond Fund on the first
made into the Bond Fund so that there are unavailable sufficient moneys therein
to pay the principal of , interest on and Paying Agent's fees in connection with
the bonds as the same become due r any sums then held in the debt service re-
serve shall be used to the extent necessary to pay the principal of I interest on
Page 23
and Paying Agent's fees in connection with the bonds I but such reserve shall
be used to the extent necessary to pay the principal of , interest on and Paying
Agent's fees in connection with the bonds I but such reserve shall be reimbursed
in the amount of any such payment as above provided. The debt service reserve
shall be used solely as herein provided , but the moneys therein may be invested
(e) When the moneys held in the Bond Fund 1 including the debt
service reserve I shall be and remain sufficient to pay the principal of and
interest on all the bonds then outstanding and the Paying Agent's fees r there
shall be no obligation to make any further payments into the Bond Fund.
(f) All moneys in the Bond Fund shall be used solely for the purpose
of paying the principal of and interest on the bonds of this issue and the
shall exist in the Bond Fund over and above the amount required for making
all principal and Intere st payment_s when due and paying the Paying Agent's
fees and over and above the debt service reserve 1 such surplus may be applied
only to the payment of the principal of and interest on any bonds that may be
(g) There shall be withdrawn from the Bond Fund at least ten (10)
days before the due date of any bond or interest coupon issued hereunder I at
maturity or redemption prior to maturity 1 and de pos Ited with the Paying Agent
an amount equal to the amount of such bond or coupon for the sole purpose of
paying the same I together with the Paying Agent s feesI I and no withdrawal of
funds from the Bond Fund shall be made for any other purpose except as othervvise
authorized in this Ordinance. Such deposit shall be at the sole risk of the City
and shall not opera.te as a payment of the bonds or coupons until so applied.
Page 24
of all the revenues required to be placed into the Bond Fund. The pledge in favor
of the bonds is hereby Lrrevocably made according to the terms of this Ordinance /
and the City and its officers and employees shall execute f perform and carry
out the terms thereof in strict conformity with the provisions of this Ordinance.
the required payments into the Operation and Maintenance Fund I and making the
payment? into the Bond Fund, there shall be paid from the Waterworks and Sewer
Fund into a fund designated "Waterworks and Sewer Depreciation Fund" ("Depreciation
Fund") on the first business day of each month while any of the bonds of this issue
In addrtton ,
moneys in the Depreciation Fund may be used at any time to the extent necessary
to prevent a default in the payment of the principal and interest on the bonds as
the same become due I provided there are no other available funds.
Page 25
Depreciation Fund over and above the amount which shall be necessary to
cover replacement costs during the next twelve months 1 such surplus may be
transferred to the Bond Fund; provided, however that such payments into the
Bond Fund shall be in addition to all other payments required to be made into
said Fund.
on a parity with the outstanding bonds of this issue unless and until there
ha-s been procured and filed with the Trustee a statement by an independent
certified public accountant not in the regular employ of the City reciting the
opinion based upon necessary investigation that the average of the annual
net revenues of the System for the two fi s cal years immediately preceding
increased by the additional revenues to be received for the next twelve (12)
months from which any adopted rate increase (which increase is to be estimated
by an engineer or public accountant flat in the regular employ of the City) shall
equal not less than 150% of the maximum annual principal and interest require-
ments on all of the then outstanding bonds and the additional bonds then
shall mean gross revenues of the System less the amount required to pay the
Section 16. That it is covenanted and agreed by the City with the
holders and registered owners of the bonds I or any of them, that the City
will faithfully and punctually perform all duties with reference to the System
required by the Constitution and laws of the State of Arkansas, including the
the revenues of the System as herein required and the applying of said revenues
Section 17. That the bonds authorized hereby and issued hereunder
terms.
whole or in part, in inverse numerical order, from funds from any source on any
in whole or in part, in inverse numerical order, from funds from any source on
any interest payment date on and after July 1 r 1979, upon not less than thirty
(30) days notice at a price of par and accrued interest 1 plus a premium of the
Bonds are independent so that there is no obligation to call any bonds of one
Section 17. That the City will keep proper books of accounts and
records (separate from all other records and accounts) in which complete and
the System, and such books shall be available for inspection by the holder
public accountant at least once each year t and a copy of the audit shall be
registered owners. In the event the City fails or refuses to make the audit,
the Trustee r or any holder and registered owner of the bonds may have the
audit made r and the cost thereof shall be charged against the Operation and
Maintenance Fund.
Section 18. That the City covenants and agrees that it will
maintain the System in good condition and operate the same in an efficient
manner and at reasonable cost. While any bonds authorized hereby are out-
standing r the City agrees that it will insure and at all times keep insured,
Page 28
or companies authorized and qualified under the laws of the State of Arkansas
to assume the risk thereof, properties of the System, to the extent that such
similar type of businesses (but in any event in such amounts as wiil avoid
Trustee r are to carry a clause making them payable to the Trustee as its
interest may appear, and are either to be placed in the custody of the Trustee
In the event of loss, the proceeds of such insurance shall be appl ied
in such event the City wfl l , with reasonable promptness I cause to be com-
such proceeds are more than sufftcrent for such purposes I the balance re-
maining shall be deposited to the credit of the Waterworks and Sewer Fund
and if such proceeds shall be insufficient for such purposes, the deficiency
from moneys in the Operation and Maintenance Fund, and third, from surplus
~
as requiring the City to expend any funds for operation and maintenance of
the System or for premiums on its insurance which are derived from sources
other than the operation of the Syst em , but nothing herein shall be construed
Section 19. That the City covenants and agrees that so long as any
bonds authorrz ed hereby are outstanding I that it will not mortgage, pledge or
otherwise encumber the System, or any part thereof or any revenues derived
Page 29
from the operation there of , except as herein specifically provided I and will
not sell; lease or otherwise dispose of any substantial portion of the same.
Section 2O. That the owner or owners of all improved property lying
within the area that will be served by the sewer facilities I after the proposed
directed and required, upon written request from the City 1 to connect all toilet
and waste water facilities of such improved property with the sewer facilities;
and the owners of property that is improved after the completion of the proposed'
written request of the City r immediately connect the toilet and waste water
facilities of such property with the sewer facilities. The required notice by the
City shall be given at least thirty (30) days prior to the final date for connection I
and if any property owner shall fail to make such connection after having been so
requested in writing r the City hereby covenants and agrees to institute appropriate
Furthermore r any property owner who fails or refuses to connect his improved
property with the sewer facilities after having been so requested by the City
sum not less than $2.00 and not more than $10.00, and each days failure or
refusal after the expiration of the time fixed in the notice to make the con-
hereof pertaining to a misdemeanor shall be effective only in the event that the
City Health Officer, or other duly designated individual or Board has found and
declared that such failure on the part of any particular property owner constitutes
a hazard to the public health and safety of the City and its inhabitants.
Page 30
Section 21. (a) That the City covenants and agrees that the
holders, and registered owners of the bonds of this issue shall have the
protection of all the provisions of Act No. 131 of 1933, as amended, Act No.
132 of 1933/ as amended, and Act No. 297 of 1937 I as amended, and that
the City will diligently proceed to enforce those provisions to the end of the
bondholders realizing fully upon their security. And, if the City shall fail
to proceed within thirty (30) days after written request shall have been filed
by the Trustee I the Trustee may, and upon the written request of the holders
of not less than ten per cent (10%) in principal amount of the bonds of this
(b) That if there be any defa ult in the pa yment of the principal of or
interest on any of the bonds of this issue, or if the City defaults in any Bond
and set forth in this ordinance, the Trustee may, and upon the written request
of the holders of not les s than ten per cent (10%) in principal amount of the
bonds of this issue then outstanding shall, by proper suit compel the performance
of the duties of the officials of the City under the laws of Arkansa s. And, in the
case of a default in the payment of the principal of and interest on any of the
outstanding bonds of this issue, the Trustee may,' and upon the written request
of holders of not les s than ten per cent (10%) in principal amount of the bonds
on behalf of the City and the bondholders and registered owners with power to
charged and collected) rates sufficient to provide for the payment of the expenses
of operation, repair and maintenance and to pay any bonds and interest outstand-
ing and to apply the revenue in conformity with the laws of Arkansas and with
I
this ordinance. When all defaults in principal and interest payments have been
cured, the custody and operation of the System shall revert to the City.
(c) No holder of any of the outstanding bonds of this issue shall have
any right to institute any suit, action, mandamus or other proceeding in equity
or in law for the protection or enforcement of any right under this ordinance or
under the laws of Arkansas unless such holder previously shall have given to
the Trustee written notice of the default on account of which such suit, action
or proceeding is to be taken, and unless the holders of not less than ten per
cent (10%) in principal amount of the bonds of this issue then outstanding shall
have made written request of the Trustee after the right to exercise such powers
or right of action, as the case may be, shall have accrued, and shall have
Page 32
action, suit or proceeding in its name, and unless, also, there shall have been
offered to the Trustee reasonable security and indemnity against the costs,
expenses and liabilities to be incurred therein or thereby and the Trustee shall
have refused or neglected to comply with such request within a reasonable time,
and such notification, request and offer of indemnity are hereby declared in
every such case, at the option of the Trustee, to be conditions precedent to the
execution of the powers and trusts of this ordinance or to any other remedy here-
owners of the bonds hereby secured shall ha ve any right in any manner whatever
by his or their action to affect, disturb or prejudice the security of this ordinance,
or to enforce any right hereunder except in the manner herein provided, that all
manner herein provided and for the benefit of all holders of the outstanding bonds
and coupons, and that any individual rights of action or other right given to one
or more of such holders by law are restricted by this ordinance to the rights and
(d) That all rights of action under this ordinance or under any of the
the pos ses s iori of any of the bonds or coupons appertaining thereto, and any
such suit, action or preceeding instituted by the Trustee shall be brought in its
name for the benefit of all the holders of such bonds and coupons, subject to the
of any other remedy or remedies herein provided, and each and avery such remedy
Page 33
shall be cumulative and shall be in addition to every other remedy given here-
registered owners of the bonds to exercise any right or power accrued upon any
default shall impair any such right or power or shall be construed to be a waiver
of any default or an acquiescence therein; and every power and- remedy given by
this ordinance to the Trustee and to the holders and registered owners of the bonds,
respectively, may be exercised from time to time and as often as may be deemed
expedient.
(g) That the Trustee may, and upon the written request of the holders
and registered owners of not less than ten per cent (10%) in principal amount of
the bonds of this issue then outstanding shall, waive any default which shall
have been remedied before the entry of final judgment or decree in any suit,
the completion of the enforcement of any other remedy, but no such waiver shall
Section 22. That when the bonds have been executed and the seal
of the City impressed as herein provided, they shall be delivered to the Trustee
and the Trustee shall authenticate them and deliver them to the purchaser upon
payment in cash of the purchase price plus accrued interest from July 1/ 1969 to
the date of delivery ("total sale proceeds "). The Trustee shall handle the total
(a) The Trustee shall deposit the amount of the accrued interest in the
Bond Fund.
Page 34
standing bonds being refunded hereby shall be withdrawn from the total sale pro-
ceeds and utilized for that purpose either by depositing the same in a trust or
escrow fund to be held and used for the purpose or by investing the same in law-
(c) The balance of the total sale proceeds shall be paid into a
special account of the City which is hereby created and designated "1969 Water-
works and Sewer Construction Fund" (sometimes called "Construction Fund ").
by the City Council holding membership in the Federal Deposit Insurance Corpora-
tion, The moneys in the Construction Fund in excess of the amount insured by the
other direct or fully guaranteed obligations of the United States of America or shall
incidental thereto, paying engineering fees, paying legal fees I paying the expenses
of the authorization and issuance of the bonds and paying any interim financing
indebtedness of the City heretofore incurred for paying such costs. Each dis-
shall exercise supervision (which generally shall include all expenses and
authorization and issuance of the bonds and incidental expenses not directly
certifying approval thereof. The City shall cause each depository of the Con-
expenditures from the Construction Fund have been made I if there by any re-
maining balance in the Construction Fundi the City Treasurer and one person
occupying a managerial position with the System shall file a certificate with
the depository of the Construction Fund with a copy of the certificate to be filed
with the Trustee I stating that the improvements have been accomplished and that
all authorized expenditures have been made and specifying the disposition to be
made of the remaining balance in the Construction Fund. In this re qard , any such
remaining balance may be used for redeeming bonds of either series prior to
shall be determined by the City Council. Upon the receipt of the certificate I the
depository of the Construction Fund shall transfer or disburse the remaining balance
Section 23 . (a) That moneys held for the credit of the Construction
Fund which exceed the estimated disbursements on account of the project for the
State s Government I which mature not later than the date on which such mone ys
will be needed for construction. Earnings from any such investment shall be de-
(b) Moneys held for the credit of the debt service reserve in the
Bond Fund shall be continuously invested and reinvested pursuant to the directions
the option of such holder I not later than ten (10) years after the date of such
investment.
(c) Moneys held for the credit of any other Fund may I at the option
by the United States Government I which shall mature I or which shall be subject
to redemption by the holder thereof at the option of such holder I not later than
the date or dates when the moneys held for the credit of the particular fund will
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 Fundi and the interest accruing thereon and any
profit realized from such investment shall be credited to such Fundi and any loss
resulting from such investment shall be charged to such Fund; provide d , however I
that any profit realized from investment of the debt service reserve which increases
the debt service reserve to an amount in excess of the required reserve may be
Section 24.. That in the event the office of Mayor I City Clerk , City
Treasurer or City Council shall be abolf.she d , or any two or more of such offices
in any such office by reason of death , resignation, removal from office or other-
wi se 1 or in the event any such officer shall become incapable of performing the
duties of his office by reason of sickness 1 absence from the City or otherwise I
all powers conferred and all obligations and duties imposed upon such office or
Page 37
functions thereof I or by the office or officer upon whom such powers, obli-
binding contract betvveen the Crty and the holders and registered owners of the
outstand tno bonds and coupons issued hereunder I and the City will at all ti:nes
strictly adhere to the terms and prov.is ion s h ere of and fully discharge all of its
se ctfcn and not otherwi se I the holders of not less than seventy-five per cent
(75%) in aggregate principal amount of the bonds then outstanding shall have
the right, from time to time I anything contained in this Ordinance to the contrary
oons trued as permitting (a) an extension of the meturity of the principal of or the
interest on any bond, or .(b) a reduction in the principal amount of any bond or
the rate of interest, or (c) the creation of a lien upon or a pledge of revenues
.-
other than as expressly authorized by +he appropriate provisions of this Ordinance
as now adopted I or (d) the creation of a privilege or priority of any bond or bonds
over any other bond or bonds 4' or (e) a reduction in the aggregate principal amount
Section 26. That the Mayor is hereby directed to publish for one
that the City contemplates the issuance of the Waterworks and Sewer
Revenue Bonds described in the ordinance; that any person interested may
Council held in the City and present objections and suggestions. At the
hearing all objections and suggestions will be heard/ and the Council
Mayor
7-/7
Page 39
Section 27. The Trustee shall only be responsible for the exercise of
good faith and reasonable prudence in the execution of its trust. The recitals
in this Ordinance and in the face of the bonds are the recitals of the City and
not of the Trustee. The Trustee shall not be required to take any action as
and registered. owners of not less than ten per cent (10%) in principal amount
of the bonds of this issue then outstanding and shall have been offered reasonable
incurred therein or thereby. The Trustee may re s.iqn at any time by ten (10) days
notice in writing to the City Clerk and the majority in value of the holders and
registered owners of the outstanding bonds of this issue at any timer with or
without cause t may remove the Trustee. -In the event of a vacancy in the office
holders and registered owners of the outstanding bonds of this issue may appoint
instruments filed with the City Clerk. If the majority in value of the holders
and registered owners of the outstanding bonds of this is sue shall fail to fill
a vacancy within thirty (30) days after the same shall occur r then the City shall
the City Clerk. The original Trustee and any successor Trustee shall file a
them by this Ordinance, but only upon the terms and conditions set forth in
this Ordinance and subject to the provisions of this Ordinance t to all of which
the respective holders and registered owners of the bonds agree. Such written
acceptances shall be filed with the City Clerk and a copy thereof shall be
placed in the bond transcript. Any successor Trustee shall have all the powers
herein granted to the original Trustee. In the event of a change in the office of
Page 40
'I'rust.ee , the old Trustee which has resigned or been removed shall cease to be
of a bond or bonds.
Section 29. That the provisions of this Ordinance are hereby declared
to be separable and if any provision shall for any reason be held illegal or
Inval id , such holding shall not affect the validity of the remainder of the
Ordinance.
System adequate for the needs of t_he City and its inhabitants r without which the
lifer health, safety and welfare thereof are jeopardized, and that the issuance
of the bonds and the taking of the other action authorized by this Ordinance
an emergency exists and this Ordinance being necessary for the immediate pre-
servation of the public peace I health and safety shall take effect and be in force
-,~,--,~/
/----~
from and after its passage.
,/6 I 1969.
APPROVED:
ATTEST:
(SEAL)
CERTIFICATE
certifies that the foregoing pages, numbered 1 to# inclusive r are a true and
----- .,..
correct copy of Ordinance No.;;;r 361 passed at a t5Pe:e;../&y!2 session
0Pl4~e~c~
. City Clerk
(SEAL)
ORDm.ANCE NO. 236
3. For any square foot area over 1500 sq. ft. and lli~der
3000 sq. ft. there shall be a fee of $25.00 plus one cent per
square foot over 1500 sq. ft.
h.. For any area over 3000 sq.. ft. there shall be a fee
of $40.00 plus one-half cent per square foot over 3000 sq. ft.
Ordinance ••
time that this Ordinance takes effect and inconsistent there~rith are
hereby repealed.
Section h. A state of emergency is declared to exist, and this
Ordinance shall be in full force and effect from and after its passage.
Passed:
ATTE~~ _
corder
ORDllJANCE NO. 237
AN ORDIN.4NCE MIJEI'JDTI'JG
ORDllJANCE NO. 163 "nTH REFERENCE TO ZONING
iflITHF THE CIIT LD-rrTS OF THE CITY OF HOUNTfHN HOf1m, A~KANSAS, RELATIVE
TO CFcANGllJGAREA ZONED AS INDUSTRIAL TO CQ]';1}1ERCL4LC-2.
1. That the follo~Qng real estate be, and is hereby changed in zoning
from industrial to co~~ercial C-2;
deeded by McCabe, Record Book 70, Page 226. Run thence West
281+ feet to SifJcorner of tract, reserved by McCabe as shown in
Warren Goforth survey of September 1968. Thence run North 155
feet to S. line of cemetery tract; thence West on So line of
cemete7y tract 88.38 feet to SW corner of said tract; thence
North 50 feet to InN corner said tract; thence West 36 feet
more or less to point of beginning.
APPROVED:
ATTEST:
ORDTI~ANCE NO. 238
0m~REAS, assessed benefits for Water and Sewer Improvement District No. 3
of I'lountain Home, Mou...n.tai."'l
Home, Arkansas (the llDistrictll) were approved by
Ordinance No. 210 of the Ordinances of the City of Mou..."'ltain Home, Arkansas
(the lICityll), adopted and approved on the 9th day of October, 1967, and the
annual lev7 fixed at 5%; and
0JHEREJ\S, it now appear-s that an annual Levy of Ll% rather than the 5%
annual le~f fixed by Ordinance No. 210 will be sufficient for the punpose
of retiri.lg the bonds being issued by the District and w0ich lOvTer annual
levy 1rnll be in the best interest of the property owners in the District;
Section 1. That the annual levJ on the assessed benefits in the District
is hereby fixed at 4% per annum, and to this end Section 1 of Ordi.lcmce No. 210
is hereby amended by deleting 5% and inserting in lieu thereof
ATTEST:
ORDINANCE 239
Section 1 From and after the passage and approval of this ordinance,
there shall be taxed by the MQDicipal Court of Mountain Home, Arkansas, on
criminal conviction, in addition to such costs as are now or may thereafter
be provided by law:
Section 2. The Municipal Court, or Judge, shall tax said costs in all
such cases arising under violation of city ordinances or state laws, and such
costs so collected shall be kept in a separate account by the clerk and account
for and paid over to the City trasurer at the same time and in the same
map~er as other court costs in the first class of acco~nts.
ATTESTED: APPROVED:
ORDINANCE NO. 242
AN ORDINA1'I.JCE
AIv\S"JDING
ORDINANCE NO. 158 AS .AMENDED FOR THE ADOPTION
OF THE PROVISIONS CF THE NATIONAL ELECTRICAL CODE, 1968 EDITION.
After due notice published in the Baxter Bulletin July 30, 1970,
together with the filing on said date of three copies ~dth the City
Home, Arkansas, acting in its special meeting on August 10, 1970 that:
No. 158 shall be and is hereby replaced by the National Electrical Code,
and incorporated as fully as if set out herein and shall take effect
ATTEST:
~~~~
~rde Wayne odse
3' .3,''.•1' '
" ,,'
"
\:..
.1
AN ORDINANCE fu~8~Q]G
JRDINN~CE NO. 224 FOR THE ADOPTION OF THE PROVISIONS OF
After due notice published in the Baxter Bulletin July 30, 1970,
together with the filing on said date of three copies with the City Clerk
Ordinance No. 224 shall be and is hereby replaced by the Southern Standard
Building Code, 1969 Edition, and Section One of said Ordinance is hereby
and shall take effect forthwith within the corporate limits of the City of
ATTEST:
~s.Q-
1;~se, Rec der
ORDINANCE NO. 244
1970, together with the filing on said date of three copies vnth the
that:
said Ordinance No. 119 shall be and is hereby replaced by the Arkansas
State Plumbing Code, Fourth Edition, and Section Two of said Ordinance
if set out herein and shall take effect forthwith within the corporate
ATTEST:
~~~>5'~
Wayne H se, Recoraer
ORDINANCE NO. 245
1970, together with the filing on said date of three copies with the
Ordinance No. 156 shall be and is hereby replaced by the Fire Prevention
herein and shall take effect forthwith within the corporate limits of the
ATTEST:
~~~~R
Recor~ Wayne0'6se
ORDINANCE NO. 246
WHEREAS, a petition was filed with the County Clerk of Baxter County,
Arkansas, by the real estate ovmers of the hereinafter described territory,
praying that said territory be annexed to and made a part of the City of
Mountain Home, Arkansas, and
WHEREAS, on the fourth day of May 1970, the County Court of Baxter
County, Arkansas found that said petition was signed by a majority of
the real estate owners in both number and ownership of acreage in said
territory; that said territory is contiguous and adjoining the present
corporate limits of the City of Mountain Home, Arkansas; that an accurate
plat or map of said territory showing its relationship to the present city
had been filed with and made a part of said petition; that proper notice
had been given for the time and in the manner prescribed by law; and that
said lands and territory should be annexed to and made a part of the City
of Mountain Home, Arkansas, subject to the acceptance of the same by the
City Council of said City at the proper time as provided by law, and,
WHEREAS, the time fixed by law for appealing from said order of
annexation made by the County Court has expired, and no appeal has been
taken from said order,
P.TTEST:
O+02!Ha
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WHEREAS, after due notice as required by law, the City Council of the City
of Mountain Home, Arkansas has heard all persons desiring to be heard and
has ascertained that said Petition was signed by persons owning the majority
in value of real property within said territory;
Section 1. There is hereby annexed to and made a part of Water and Sewer
Improvement District No.3 of the City of Mountain Home, Arkansas, the
following described property, to-wit:
dM
! /"
~ -, / ,--::-~
_/
(t / .» !
//
'4'
~,JJr~
ATTEST: w. W. Dicker soji , Mayor
2
ORDINANCE NO. 257
A part of the wt
of the NEt of the ~t
of Section 9,
Township 19 North, Range 13 West, described as follows:
ENACTED THE 15th DAY OF F EBRU ARY, 1971, AND DECLARED EFF ECTIVE FROM
AND AFTER ITS PASSAGE.
. Q
APPROVED:
il/ ~-,,// I
ATTEST:
0 /i
~lL/
w.
~ 'ff
:4~~!J;~r~-=-
W. Dicke son, Mayor
RESOLUTION NO. 258
Section 2. That the Mayor and City Clerk be, and they are hereby,
authorized and directed, for and on behalf of the City, to do all things,
execute all instruments and otherwise take all action necessary to the
realization of the City's rights and to the discharge of the City's obligations
under the Undervrriting Agreement.
ickerson
Gentlemen:
Page 2
The City will pay all expenses incedent to the performance of its
obligations in connection with the issuance and sale of the Bonds, in-
cluding the costs of printing of the Bonds, the Trust Indentures and the
leases, and the Official Statements in reasonable quantities for slaes
promotional purposes, the fees of rating agencies and the fees of Bond
Counsil and Counsel for the City. Out-of;Pocket expenses of the under-
signed including traveling and other expenses and the fees of independent
counsel shall be paid by the undersigned, except for the expenses and fees
for independent counsel for Blue Sky and legal investment services, which
shall be paid by the City. Any costs or expenses of the City hereunder
shall be payable from the proceeds of the bonds.
This Agreement shall extend to January 31, 1972, and thereafter for
successive periods of three months unless and until at least 30 days prior
to the commencement of any such three-month period, the City or the under-
signed shall give written notice to the other of the termination of this
Agreement at the commencement of such period.
Respectfully submitted,
CITY OF ARKANSAS
6
Section 3. That the election shall be held and conducted and the
vote canvassed and the results declared under the law and in the manner
provided for municipal elections, so far as the same may be applicable, and
the Mayor shall give notice of such election by an advertisement published
onee a week for four consecutive weeks in a newspaper having a bona fide
circulation in the City, with the last publication to be not less than
ten UO) days peior to the date of the election, and only qualified electors
of the City shall have the right to vote at the election.
APPROVED:
ATTEST:
ORDINANCE NO. 260
P.RKANSAS;
that a public hearing was held; that all remonstrances were heard,
ARKANSAS:
C-3:
El'\lACTED
THE 12th DAY OF APRIL, 1971, AND DECLARED EFFECTIVE
APPR<DVED:
,~
,,','
~ .0V~'-?T'-
W.W. . kerson, Mayor
/
~!
ORDINANCE NO. 261
ARKANSAS:
public hearing was held; that all remonstrances were heard, after
hereinafter be rezoned.
ARKANSAS:
ENACTED THE 12th DAY OF APRIL, 1971, AND DECLARED EFFECTIVE FROM
APPROVED:
cfG ~
ATTEST: g~ ~;tJifl~i
W.W. Dicker on, Mayor
ORDINANCE NO. 262
the City of Mountain Home, Arkansas, has heard all persons desiring to
be heard and has ascertained that said Petition was signed by persons
system and water system as the same now exists to serve the prqerty within
interests of the districtm and that the costs thereof be assessed and
to existing sanitary sewer system and water system, as the same now exists,
ORDINANCE NO. 262
Page 2
necessary for preservation of the public health and safety, the same
shall be in full force and effect from and after its passage and
publication.
APPROVED:
ATTEST:
J
ORDINANCE NO. :263
Page 1
Home, Arkansas, with .reqazd to filing fees and deposits for costs
in these filings, and;
costs after the desired action has been taken by the agency petitioned;
the matter,and place the same on the agenda of the meeting of the
Board or Commission, or, as the case may be, the City Council of
the City of Mountain Home, Arkansas, at which the same may be considered
by that body.
Section 2. Provided,however, that the City Recorder shall accept
matter as follows:.
ORDINANCE
NO. 263
Page 2
phrase, sentence or part thereof , shall not affect the validi:ty, en-
part thereof.
docketing and filing fees and the requiring of cost deposits upon filing
for the preservation of the public health and safety, the same is to be
in full force and effect from and after its passage and publication.
Attest:
ORDINANCE NO. 264
Mountain Home, Arkansas, because of the expanded water and sewer facilities
WHEREAS, areas annexed simply and solely to Water and Sewer Improvement
District No.3 of the City of Mountain Home, Arkansas, would enjoy a~vant-
ages of the City but, under certain circumstances, might not equally con-
tribute to those services with others who were also residents of the City
District No.3 of the City of Mountain Home, Arkansas, unless that petition
jurisdiction, shall have entered a final order annexing the same property
Page 2
force and effect from and after its passage and publication.
Attest:
~~d~~
Recarder aYll'e} Hou se .. ...
RESOLUTION NO. 265
WHEREAS, a Petition was filed with the County Clerk of Baxter County,
praying that the territory be annexed to and made a part of the City
~ffiEREAS on the twelfth 12th) day of April, 1971, the County Court
amd in the manner prescribed by law; that said lands and territory should
be annexed to and be made a part of the City of Mountain Home, Arkansas,
subject to the acceptance of the same by the City Council of the City at
the proper time as provided by law, and;
WHEREAS, the time fixed by law for appealing the said order of an-
nexation made by the County Court has expired, and no appeal has been taken
Page 2
this Resolution shall have full force and effect from its passage and
approval.
APPROVED:
ATTEST:
/
ORDINANCE NO. 266
that a public hearing was held; that all remonstrances were heard,
ARKANSAS;
c-r.
Lots 27-23-24-pt.16!-25-26-38-37-pt.36. Alldf
Lot # 39 the East 10 feet of Lot # 40 and all
of Lot # 36 except the South 60 feet being the
North 48 feet of rsai!dLot II 36 all in College
Heights. Pt.~, Set, swi, or Tract 1 of the
O. H. Ray properties. This property comprises
what is called the College Plaza Shopping Center.
ATTEST:
~~ Reco erWayne'House • ,.
/7.;7
ORDINANCE NO. 267
that a public hearing was held; that all remonstrances were heard,
after which the Planning Commission r¥commended that all property
Enacted the lOth day of May, 1971, and declared effective from
ATTEST:
bonds, both revenue bonds and bonds which will be paid off
and;
water and sewer service on the water and sewer system of the
plant is more than formerly paid for producing water from wells;
5 provides, among other things, that "the City has fixed and convenanted
and agreed~to maintain rates for water and sewer services which shall
for the pa~ent, principal and interest, of all bonds to which the payments
cally the bonds, and make the required payments into the depreciation fund."
Home, Arkansas:
Section 1. That the following rate have been fixed as the rates
to-wi t:
Council and the Council finds them to be reasonable and necessary minimum
rates to be charged:
Section 3. Charges for water and sewer service to connections outside the
Seetion 4. The City Council of the City of Mountain Home, Arkansas, does,
large consumers including, but not limited to, other governmental units,
charges for connections, to the water and sewer system of the City of
Sewer Superintendent.
the deposit.
(I) Deposit to the account of the City Water and Sewer Department
$100.00 of each fee tendered under Section 5 (A) above and the
(2) Under Section 5 (B), $115.00 plus mileage for the installation
Sewer Departments; and the fee of $10.00 plus the actual costs of
Street Department.
(3) All deposits and fees collected under Section 5, subparagraph (C),
Section 7. Bills for water and sewer service shall be rendered monthly,
and if not paid before the tenth(10th) day following the original
bill is not paid within thirty (ao) days, water services shall be
from the water and sewer works and shall give bond as required by
Section 9. Revenues from the said system shall be applied by the Treasurer
Page 6
Section 11. Section 19-4113, Ark. Stats. Ann. (1947), which provides
lien upon the premises served by the system, and upon the fee
Section 12. Section 4 of Ordinance No. 107 passed and approved September
Section 13. The provisions of this Ordinance are severable. The invalidity,
Section 14. It is hereby ascertained and declared that the present revenues
from the water and sewer systems of the City of Mountain Home,
Page 7
been issued, maintain the system, and provide for the depreciation
are being made up from "reserve funds," which will soon be depleted.
and safety, it shall take effect from and be in full force without
delay from and after its passage and approval. Provided, however,
that the rates chargeable for water and sewer services as herein
Attest:
~~eLu-R
. Reror ayne i40use ---
RESOLUTION NO. 269
ORDINANCE NO 269
WHEREAS, under the provisions of Section 101 of the Housing and Urban
day of __ J~u=n:::.;e~
Passed and Approved this __ ~2~8~tl~h~_ __ , 1971.
ORDINANCE #270
Section 1. That the rules and regulations adopted in book form, three
copies of which are on file in the City Hall, by Ordinance 163 of the City of
stories and not to exceed 48 feet. Provided, however, in the central district
of the city the maximum height of a structure shall be eight stories and not to
defined as that area West of College Street, East of Hickory Street, South of
protection of the health, safety and morals of the City of Nountain Home,~rkansas,
an emergency is hereby declared to exist and tfus Ordinance shall be in full force
/ Mayor
/
\...-/ /
Attest:
32
ORDINANCE NO. 271
Home, Arkansas:
take effect and be in full force from and after its passage.
Attest:
~G~
ecord - Wayne iIouse
33
)
ORDINANCE NO. 272
WHEREAS, a petition was filed with the County Clerk of Baxter County,
WHEREAS, on the 14th day of June. 1971, the County Courtof Baxter
County, Arkansas, found that said petition was signed by a majority of the real
estate m~ers in both number and ownership of acreage in said territory; that
said territory is contiguous and adjoining the present corporate limits of the
City of Mountain Home, Arkansas; that an accurate map of said territory showing
its relationship to the present City had been filed with and made a part of
said petition; that proper notice had been given for the time and in the
manner prescribed by law; and that said lands and territory should be annexed
to and made a part of the City of Mountain Home, Arkansas, subject to the
acceptance of the same by the City Council of said City at the proper time
WHEREAS, The time fixed by law for appealing from said order of annexation
made by the County Court has expired, and no appeal has been taken from said
order,
and adjoining the City of Mountain Home, Arkansas, be, and the same is hereby
annexed to and made a part of Ward 2 of the City of Mountain Home, and the same
shall henceforth be a part of said Ward as fully as existing parts of said Ward.
Attest:
34
hearing was held; that all remonstrances were heard, after whrch
after be rezoned.
ATTEST:
o R DIN A N C E N 0 "_-=2:;..!..7.:t4 _
1l.NORDINANCE TO COMBINE THE OFFICES OF CITY CLERK AND CITY TREASURER INTO
THE OFFICE OF CLERK--TF~ASURER, AND FOR OTHER PURPOSES
Section 1. That the City Clerk of the City of Mountain Home, Arkansas,
one person to assume the duties of both the City Clerk and Treasurer.
the immediate protection of the health, safety and morals of the City of
this Ordinance shall be in full force and effect from and after its
passage.
~c:4V~~l
1iPPR
r;;
..
all /
,O.VVEEy.'.l//I.,.
~~/ ....
Hayor
....
/.
./
//l
Attest:
/Jf)~7Zk~
~corder /
their petition to have said lands and property arillexedto the said
city, and;
~B&~AS, the said owners of said property desire that the City of
Mountain Home accept the area for a~nexation to the said City of
C1.211, and it being, therefore, necessary for the said City of Mountain
the annexation upon the terms aforesaid before the court can take
acting by and through its Council, in duly assembled regular session, does
~rkansas, to-wit:
Baxter COW"ty, Arkansas; and that any further orders of the County
ATTEST:
38
ORDINANCE NO. 276
ARKANSAS:
No. 163; that a public hearing was held; that all remonstrances
ARKANSAS:
Commercial C-2:
ATTEST:
Ordinance No. 277
hearing thereon was held; that all remonstrances were heard, after
hereinafter be rezoned.
ATTEST:
ORDINANCE NO. 278
was held; that all remonstrances were heard, after which the Planning
rezoned.
ENACTED THE 26th DAY OF JULY, 1971, AND DECL~D EFF ECTIVE
FROM P.ND .A.FTERITS PASSAGE. _. /: . Jk / ~I
APPROVED/;;;:U/;{h~~);;AJ!JJ-;0
W.W. DiCkerson, Mayor
ATTEST:
//
c> •
42
No. 163; that a public hearing was held; that all remonstrances
ATTEST:
RECORDER y p/
ORDINANCE NO. 280
that said property be annexed to Water and Sewer Improvement District No. 3
of ~buntain Home, Arkansas, for the purpose hereinafter set out, and;
WHEREAS, after due notice as required by law, the City Council of the
of Mountain Home, Arkansas, has heard all persons desiring to be heard and
has ascertained that said Petition was signed by persons owning the majority
Home, Arkansas:
SECTION 1. There is hereby annexed to and made a part of Water and Sewer
The sEt NE.t; the NEt sEt; tha t part of the Nt st NEt NWt
and the N 3/4 N~JtNEt lying south of the northerly right-
of-way line of U.S. Highway No. 62; a strip of land along
the east side of the st NWt NEt measured 40 feet in width
from and running parallel to the east line of said st N~t
NEt; a strip of land along the east side of the swt NEt
measured 40 feet in width from and running parallel to the
east line of said swt NEt; a strip of land along the east
side of the Nvrt sEt measured 40 feet in width from and
running parallel to the east line of said Nlrt sEt, all be-
ing situated in Section 3, Township 19 North, Range 13 West.
That part of the NEt NEt of said Section 3, and the NVft
Nvft and the svrt Nwt of said Section 2, lying south and west
of the following described line; Co~mencing at a point on
the northerly right-of-way line of U.S. Highway No. 62 and
60 feet east of the west line of said NEt NEt, Section 3 for
point of beginning; Thence South along a line 60 feet east
of and parallel to the west line of said NE~ NEt, Section 3,
a distance of 800' to a point on the northerly right of way
line of a proposed subdivision street, said point being the
point of curve of a 8 deg.-50' curve to the right (D=8deg.
50') and the SW corner of Elks Lodge 1714 property; thence
easterly along the northerly right of way line of said pro-
posed subdivision street and the 8 deg.-50' curve to the
right a distance of 290' to the SW corner of Lot 1, Phase I,
proposed Fairway Manor Subdivision; thence N. 16 deg.-28'
E. a distance of 90.65'; thence N. 24 deg.-04' E. a dis-
tance of 71.42'; thence S 58 deg.OO' E. a distance of 191.15'
thence.S 40 deg.-OO E. a distance of 86.73'; thence S. 70
deg.4l'oE. a distance of 567.35'; thence S. 59 deg. 21' E.
a distance of 97.25'; thence S. 84 deg.-37'-21 E. a distance
of 750.27'; thence S. 3 deg.-15' E. a distance of 306.14';
thence S. 2 deg.-OO W. a distance of 241.0'; thence S. 54
deg.-OO W. a distance of 89.19'; thence West a distance of
ORDINANCE # 280
Page 2
TRACT 2:
Part of the Et NEt and part of the NEt sEt Section 3, also
part of the swt Nwi and part of the NV.t Sv~ in Section 2,
all in Township 19 North, Range 13 West, bounded and des-
cribed as follows: Beginning at the WN corner of the NEt
NEt Section 3, run thence East 50 ft. to a point, run
thence South 960 ft. to the point of beginning for the
tract herein described; thence go 90 deg.-OO' E. 165 ft.
to point, thence S. 58 deg. E. 211.0 ft., thence S. 1 deg.
30' E. 2285.0 ft., thence 90 deg.OO· E. 1515.0 ft., thence N.
34 deg. 16' E. 580.0 ft., a curve of 280.0 ft. radius a
distance of 652.28 ft., thence S. 0 deg. 45' E. 907.0 ft., th
thence N. 87 deg. 57' W. 991.1 ft., thence S. 88 deg. 00' W.
1643.1 ft., thence N. 0 deg. 56' E. 2894.0 ft. to the point
of beginning, containing 57 acres, more of less.
system and water system as the same now exists to serve the property within
District No. 3 of f~untain Home Arkansas, may deem to be in the best interest
of the district, and that the costs thereof be assessed and charged upon
existing sanitary sewer system and water systemm as the same now exists,
for preservation of the public health and safety, the same shall be in
full force and effect from and after its passage and publication.
Passed and Approved this 27th day of Sep tembetr, 1971. /-"\
APP ROVEr': / \ /
/ . / 1
ATTEST:
g):~lfkLr
q-
Mayor .
1(""
_"'7
·~ ..
ed/
/ /./
Recorder > /
ORDINANCE NO. 281
AN ORDINANCE FOR THE PURPOSE OF VACATING A PART OF THIRTEENTH
STREET AND A ROAD IN BRIARWOOD SUBDIVISION IN THE CITY OF
MOUNTAIN HOME, AP~ANSAS:
WHEREAS, a petition was duly filed with the City Council of the City of Mountain
Horne, Arkansas, asking the City Council to vacate and abandon all that portion
of land described as follows, to-wit:
WHEREAS, after due notices as required by law, the Council has, at the time
and place mentioned in the notice, heard all persons desiring to be heard
on the question and has ascertained that the street and the portion thereof,
hereinabove described, have not heretofore been dedicated to the public
for use as a street; has not been actually used by the public generally;
and that the public interest and welfare will not be adversely affected
by the abandonment of such street or streets.
NOW THEREFORE, BE IT ORDP.INED BY THE CITY COUNCIL OF THE CITY OF MOUNTAIN HOME,
ARKANSAS:
Section 3. This ordinance shall take effect and be in force from and after
its passage.
ATTEST: Mayor
V'JHEREP.S,
after due notice as required by law, the City Council of the City
of Mountain Home, Arkansas, has heard all persons desiring to be heard and
has ascertained that said Petition was signed by persons owning the majority
in value of real property within said territory;
SECTION 1. There is hereby annexed to and made a part of Water and Sewer
Improvement District No.3 of the City of N~untain Home, Arkansas, the . Li
following described property, to-wit: " ""1i1 D
. t:J<::' [)
t,;
Lot s 1, 2 , 3, 4, 5 , 6, 7, 8, 9 , 10 , 11, 12 , 13 , 14 , 15 ,
16, 17, and 18 of Annex #1 to NORTHERN HILLS SUBDIVISION
as shown by the recorded plat thereof;
Mayor /
(
ATTEST:
Recorder r: )./
OEDINP1\lCENO. 283
The sign shall be not less than five (5) feet by five (5) feet,
with a white background and a message in red letters of not less than
five (5) inches in height. The message shall be substantially as
follows;
NOTICE
A PETITION SEEKING THE SPOT REZONING
( OR VARIPJ'-JCE)
OF THIS PROPERTY
HAS BEEN FILED WITH
THE CITY OF ~~UNTAIN HOME, ARKANSAS
OBJECTIONS MAY BE NlP,DE
IN ACCORDANCE WITH THE THE ATTACHED PETITION
Mayor /
,I
I
/
I
A.TTEST:
ORDINANCE NO. 284
1. That the following described real property situated within the city
limits of the city of Mountain Home, Arkansas, be, and it hereby is, changed
in zoning from Residential R-l to Commercial C-2, to-wit:
~.. fi/;jfot~.
Mayor W.W. Dicy:erson
/
I
ATTEST:
/' 1.-.:
RECORDER
ORDINANCE NO.~2~8~5~ _
1. That the following described real property situated within the city
limits of the city of Mountain Home, Arkansas, be, and it hereby is, changed
in zoning from Residential R-l to Commercial C-2, to-wit:
ATTEST:
~~
I ~/)o,
-; /
~/c
-C_'-..I-
c"-,/
r-. ),
/
RECORDER
ORDINANCE NO. -.=;;;-"----
286
;\PPROVED:
ATTEST:
---~
'--/
--/
/,- .~ J f
RECORDER
ORDINANCE NO. 287
-=~---
WHERE;S, after due notice as required by law, the City Council of the
City of Mountain Home, Arkansas, has heard all persons desiring to be
heard and has ascertained that said Petition was signed by persons owing
the majority in value of real property within said territory, and
ATTEST:
Ci tY Recorder .
ORDINANCE NO. 288
was made, after which the aforesaid Planning Commission recommended that the
city limits of the city of Mountain Home~ Arkansas, be, and it hereby is,
ATTEST:
I Recordef
ORDINANCE NO. ---..::2::;::8:,.::.9
__
property hereinafter described, have filed a Petition in writing, praying that said
property be annexed to Water and Sewer Improvement District No.3 of Mountain Home,
WHEREAS, after due notice as required by law, the City Council of the City
of W~untain Home, Arkansas, has heard all persons desiring to be heard and has
ascertained that said Petition was signed by persons owning the majority in value
NOW, THERRFORE, be it ordained by the City Council of the City of Mountain, Home,
Arkansas:
Section 1. There is hereby annexed to and made a part of Water and Sewer
Improvement District No.3 of the City of Mountain Home, Arkansas~ the following
That part of the NEt NV~ Section 4, Twp. 19 North, Range 13 West,
described as follows:
From the SE corner of said forty, run thence West 232.5 feet to a
point, run thence North 20 feet to a point of beginning for the
tract herein described; run thence North 0 deg. 40 min. East
1268.5 feet, run thence West 660 feet to a point, run thence South
664.5 feet, thence East 384 feet to a point, run thence in a southerly
direction 600 feet, more or less, to a point 276 feet directly West
of the point of beginning, thence East 276 feet to the point of
beginning, containing 13.85 acres, more or less.
for the purpose of constructing extensions to the existing sanitary sewer system
and water system as the same now exists to serve the property within the
boundaries of the territory hereinabove described, in such manner and with such
of Mountain Home, Arkansas, may deem to be in the best interests of the district,
and that the costs thereof be assessed and charged upon the real properties
]\flAY OR
)'
Attest:
CIty Recorper'l
ORDINANCE NO. 290
That the following real estate in Baxter County, Arkansas, be and is hereby
changed in zoning from Residental R-l to Commercial C-2; That part of the
wtsEt Sec 4, Twp 19, N, R 13 W, bounded and described as follows:
Beginning on the N right-of-way line of U.S. No. 62~ at a point
3 ft N of Electric Light Pole, at a corner post on division line
fence between the lands of Ira Phillips and Ella Russell, Run
thence in a general westerly direction with said fence 129 ft.
to a point, thence E to ditch line of U.S. Hwy No. 62, thence SW
with ditch line of said Hwy 30 feet more or less to point of
beginning.
All that pt of the N~t N\f\~Et and all that Pt of the N~~tN1JvtSEt
Sec. 4, Twp. 19 N., R. 13 W. which lies and situated North of U.S.
Hwy No. 62 and Sand W of the center of Hogan Spring Branch, containing
one acre, more or less.
tNACTED THE 28th DAY OF FEBRUARY, 1972. AND DECLARED EFFECTIVE FROM
AND AFTER ITS PASSAGE.
APPROVED:
MAYOR W.W./Dickerson
ATTEST:
a public hearing was held; that all remonstrances were heard, after
hereinafter be rezoned.
ARKANSAS:
APPROVED:
I~YOR W.W/DICKERSON
ATTEST:
Arkansas:
and delivery of a Lease and Agreement where in the City of Mountain Home I
Arkansas (the "Ci ty ") is Lessor and Travenol Laboratories J Inc. I a Delaware
ti.al ly the contents hereinafter set forth I and the Mayor and Ci ty Clerk be J and
they are hereby, authorized to execute I acknowledge and deliver the Lease and
Agreement for and on behalf of the City. The form an.d contents of the Lease
and Agreement, which are hereby approved and which are made a part hereof,
Arkansas ("Lessee"):
of the first cla-ss, under the laws of the State of Arkansas with full and lawful
power and authority to enter into this Lease and Agreement, acting by and through
its City Council; in the public interest and for a public purpose, in securing and
developing industry { providing employment and adding to the welfare and prosperity
of the Le s sor and its inhabitants, all pursuant to the provisions of Act No. 9 of
the First Extraordinary Session of the Sixty-Second General Assembly of the State
and By-Laws and under the laws of the State of its incorporation to enter into
this Lease and Agreement and to perform all covenants and obligations on its part
and Agreement and discharging and performing all covenants and obligations
on its part to be performed under and pursuant to this Lease and Agreement and
manufacturing facilities thereon which were leased by Lessor to Baxter Laboratories, Inc.
by a ~,?ase and Agreement dated as of April 16 I 1963 (the" 1963 Lease Agreement"),
with the Project there involved (the "original Project") having been financed by
the City issuing Industrial Development Revenue Bonds in the principal amount of
$2,500,000 (the "1963 bonds") secured by a Trust Indenture by and between the
City and Worthen Bank & Trust Company dated as of April 1, 1963 (the "1963
Indenture"); and
interest in the 1963 Lease Agreement to Lessee and Lessee is presently operating
to the point that a substantial expansion is necessary and arrangements have been
made by the Lessor and Lessee for the constructing and equipping of additional
manufacturing buildings on the land involved in the original Project and on certain
land adjacent thereto (the "New Project I land") and the aoquir inq and installing
the 1963 Indenture for a withdrawal of lands from the 1963 Lease Agreement or a
release of such lands from the lien 01 the 1963 Indenture with the result that the
1963 land will become subject to the 1963 Lease Agreement and the lien of the
costs and expenses incurred in connection therewith and in connection with the
Revenue Bonds under Act No.9 in the principal amount of not to exceed Five
being initially is sued- Series A in the principal amount of $ 3 1300 I 000 I and
whenever the unqualified word "bonds" appears herein the reference shall be to
WHEREASit is the purpose of the Lessor and the Lessee in this agreement
to set forth certain provisions pertaining to the cons tructing and equipping of New
Project I, the payment of rentals sufficient to cover debt service on the bonds (even
which will become subject to the 1963 Lease Agreement and to the lien of the
1963 Indenture) and to set forth the terms and conditions of the leasing of the New
Project I land, improvements and machinery and equipment involved in New 'Project
I which is not I and will not be I subj ect to the 1963 Lease Agreement or the lien of
performance by the Lessee of its obligations under this Lease and Agreement by an
and under the laws of the State of its incorporation to enter into the New Project I
Guaranty Agreement and to perform its covenants and obligations thereunder and
Baxter is not prohibited under the terms of any outstanding trust indentures I deeds
of whatever nature from entering into the New Project I Guaranty Agreement and dis-
charging and performing all covenants and obligations of its part hereunder and has
DEFINITIONS
in this Lease and Agreement, the fol low inq words and terms as used in this
Lease Agreement shall have the fol Iow iriq meanings unless the context
1960, as amended. I
under and secured by the Indenture in the princjpal amount of $3,300 ,000.
Revenue Bond Fund - Travenol Project - New Project I" - The fund created by
Section 501 of the Indenture into which the moneys specified in Section 502 of
made for paying the principal of and interest on the bonds in the manner and
of the Indenture into which the portion of the proceeds of the sale of the bonds
to be made for Project costs in the manner and for the purposes specified In
City and the Trus tee I of even date herewith I which is recorded in the office of
the Circu~t Clerk and Ex-Officio Recorder of Baxter County I Arkansas and whi ch
sets forth the details pertaining to the bonds I the nature and extent of the
security and the rights I duties and obligations of the City I the Trustee and the
holders and regis tered owners of the bonds and the terms under which the bonds
are secured.
and equipment covered by the Lease Agreement and defined in Section 3 01 of the
Lease Agreement.
"lease term" or -"term" - The initial term of the Lease Agreement set
forth in Section 3 02 plus any extension or renewal terms purs uant to the provis ions
owned by Lessor and leased to Lessee by this Lease Agreement and specifically
"Les s ee" - Travenol Labora torie s I Inc. f a Delaware corpora t ion I and
any assignee that assumes the obligations of the Lessee pursuant to the provisions
to act in behalf of the Lessee by written certificate furnished to the Lessor and
the Trustee containing the specimen signature of such person and signed on behalf
of the Lessee by the president or any vice president of the Lessee. Such
to act in behalf of the Lessor by written certificate furnished to the Le s see and
the Trustee containing the specimen signature of such person and signed on behalf
Delaware corporation and Guarantor under the New Project I Guaranty Agreement
in Section 409 of the Indenture and which is the Guaranty Agreement wherein Baxter
constituting the leased premises and leased to Travenol Laboratories / Inc. under
"Trustee" - The Trustee for the time being I whether original or successor /
with the original Trustee Commerce Union Bank, Nashville / Tennessee. The Trustee
Unless the context shall otherwise indicate, words shall include the plural,
and equipping of New Project L After Lessee has been reimbursed, all pay-
ments necessary to complete New Project I shall be made out of the Construc-
tion Fund. Title to all machinery and equipment paid for out of the Construction
shall be transferred to the Lessor. After the bond proceeds are available, the
Les sor agrees to execute any contracts or to place any purchase orders, in
subject to the provisions of Section 203 hereof limiting the obligations of the
all necessary approvals from any and all governmental agencies requisite to
the constructing and equipping of New Project L and New Project I shall be con-
structed and equipped in compliance with all State and local laws t ordinances
concurrently with the delivery of this Lease and Agreement, notify each
more than one representative and may change the representative or represent-
atives from time to time r with each such change to be in writing forwarded
any approvals or to take any action for and on behalf of the party hereto
represented by him F and the other party to this agreement shall be entitled
Section 202. Lessor and Lessee agree that the necessary steps shall
be taken to see that there is in full force and effect at all times during the
constructing and equipping of New Project I the usual insurance coverage appli-
cable to similar construction projects I all of which shall be subject to the prior
written approval as to amount and companies by the Lessee and which shall be
made payable to the Lessor and the Lessee as their interests may appear and with
a standard mortgagee payment clause payable to the Trustee as its interest may
appear.
obligations under Section 20 I hereof and in other sections of this Article I shall
be referred to as II Project costs" and it is agreed that the Project costs will not
exceed the available proceeds received from the sale of the bonds, or any series
thereof if less than the total authorized principal amount has been delivered and
that if the Project costs should 'exceed said amount: New Project I will be completed,
and the Lessee hereby agrees to pay the entire amount of any such excess. Project
costs, as that term is used in this Lease Agreement, shall include all costs and expenses
of every nature incurred by Lessor and Lessee in accomplishing New Project I, all
costs and expens e s incidental thereto f and all costs and expenses incurred in con-
nection wi th the issuance of the bonds, including I without limitation, the fol Iowi nq r
(1) All amounts paid by Lessor or Lessee in discharge of their obligations under
Section 201 hereof I including without limitation r all amounts paid under all
to by Lessor and Les see.Jn accordance with the provisions of Section 201;
(5) All amounts necessary to reimburse Lessee for any work performed,
connection with the Proj ect , including I without limitation, the charges of
--
any architects or engineers retained by Lessee to prepare plans I specifi-
cations and drawings for the Proj ect , the cost of architectural or other
by Lessor- under and pursuant to the provisions of this Article II pertaining to the
by Les s eo , and the cost of any performance bonds and insur~ll1ce procured in
Section 201 hereof and other sections of this Article II as constituting part of
1"c""\'l)1Ceof
.-j",'
l.. c. not to exceed $5/000(000 in pr.inc i pa l amount of bonds and that
the initial issue is to be -de s iqnate d "Series AI! and is to be in the principal
amount of $3,3_00,000 which will leave the balance of the total authorized issue
to be issued in series from time to time in the future. Lessor agrees t he t it will
execute and de lrver from t ime to time ( pur sua nt to the written reque st of the
Lessee, additional series of bonds of said total authorized principal arnount , and
the Lessee shall have and hereby assumes full responsibility for finding purcha s ers
for said additional bonds. Such additional bonds shall be issued in accordance
wrth and pursuant to the conditions set forth in the Trust Indenture perte i ni nq
thereto.
lion Fund to be established pursuant to the prov.is ions of the Trust Indenture.
fund shull be expended solely for the payment of the Project co s t s . Disburse-
, ments shall be made from, the Construction Fund in accordance with the pro-
visions of the Trust Indenture perte ining thereto. Any amount rem ainin-;; in
the Construction" Fund after payment of all Project costs shall be transferred to
and deposited in the Bond Fund pursuant to the provisions of the Trust Indenture.
Section 204. Le s sor covenants that the Lessee I upon paying the rentals
and performing all covenants, obligations and agreements on the part of Lessee
to be performed under this Lease and Agreement, shall and may peaceably and
quietly ha ve, hold and enjoy the leased premises for the term of the Lease Agreen'cnt.
Section 205. A. Lessor covenants that it will take any action and
accordance with the terms of said contracts, including, w it ho ut Iim ttat ion , the
correcting of any defective work, with all expenses mcurrcdoy Lessor in con-
ncction with the performance of its obligations under tbis Section 205 may be
considered part of the Project costs as defined in Section 204 I and Lessor
agreqs that the Les see may I from time to time I in its own name I or jn the
name of the 'Les sor , take such action as may benecesscHY or advisable, as
-
determined by Lessee, to insure the construction of New Project I in accordance
with the terms of the construction contract and the Jns tal lut ion of machinery
to insure the peaceable and quiet enjoyment of the leased premises (as here-
af tor d effned) for the term of the Lease Agreement, and to insure the per-
forrnunce by Lessor of all cov cna nt s and obligutions- of Lcs sor under this LC6[3e
any vendor's warranties received by Les sor in connection with machinery and
equipment purchased by Lessor for New Project II together with any warranties
struction work or install any machinery and equipment on the leased premises
(as hereinafter defined). If requested I Lessor will execute and deliver instruments
and agreements herein reserved, mentioned and contained, on the part of Lessee
to be paid! kept and perfonned, agrees to and does hereby lease to Lessee, and
Lessee agrees to, a nd does hereby leas e I take and hire from Lessor, subj ect to .
the terms I conditions and provisions of this Leas e and Agreement expres s ed the
following:
ing or in any wise appertaining to the New Project I land and/or the improve-
(d) All machinery I equipment and other personal property of every kind
and nature whatever acquired by Lessor and paid for out of the Construction Fund
and placed on or in the 1963 land, the New Project I land or improvements thereon,
which become the property of the Lessor pursuant to the provisions of this Lease
and Agreement. All such machinery / equipment and other personal property shall
be identified in a ledger, one copy of which s hall be filed with the Trustee and
-
one copy maintained by Les see on the leased premises (as hereinafter defined)
and shall be marked by an appropriate tag I or other device, a s being the property
of the Lessor. The said machinery, equipment and other personal property leased
hereby shall be referred to herein as "Le s sor' s machinery and equipment. "
The properties described in (a), (b) I (c) and (d) above are herein
Section 302. The term of this Lease and Agreement shall commence as
(l) Les s ee cov~?ants to pay to Les sor, in the manner hereinafter pro-
The above basic rent payments shall be reduced by the amount of any
moneys in, or credits to, the Bond Fund established pursuant to the provisions of
the Indenture on each basic rent payment date from any other sources whatever I
Trustee r the ba s ic rent payment involved shall not be due and payable until
the time of opening for business on the next succeeding day thereafter that is
a banking day.
of the City authorized for the purpose of financing the Project costs as afore-
hereby agreed that when additional bonds of said total authorized principal
executed and delivered by and between the Lessor- and Lessee increasing the
basic rent above set forth in the amount necessary to provide for the debt
service requirements on the bonds additionally issued and inserting any other
additional bonds. It is further agreed that the execution and delivery of such
of the Lessor and of the officers of the Lessee is expressly authorized/ and
additional action to authorize the same on the part of the governing body of
the Lessor or on the part of the Board of Directors of the Lessee is not neces sary .
(2) If', during any year while any of the bonds shall be outstanding I
the above specified basic rent shall be insufficient to pay the principal of I
premiums t if any t and interest on the bonds as the same become due I the amount
at any time the amount in the Bond Fund t hereinabove referred to and hereafter
outstanding bonds I then no further basic rent shall be payable hereunder t and
any funds which are then held in the Bond Fund and are in excess of the amount
required to pay in full the principal of I premiums I if any r interest on and any
additional rent the Paying Agent's fees and expenses and churges payable to the
Trustee, as provided in the Trust Indenture, and all impositions (as defined in
Section 401) I expenses I liabilities, obliga Hans and other payments of wha te ver
nature which Lessee has agreed to payor assume under the provisions of this
Lease Agreement. If at any time any amounts paid by Les see as additional rent
hereunder are or become in excess of the amounts required for the purpose for
which they were paid, such excess amounts shall be refunded to the Lessee.
the bonds shall be outstanding and unpaid, or until payment thereof has been duly
provided for, Lessee's obligation to pay basic rent and the additional rent shall
be absolute and unconditional and the basic rent and the additional rent shall be
certainly payable on the dates or at the times specified without notice or demand,
and notwtths tandtnc any circumstances or occurrences that may now exist or that
may hereafter arise or take place, including, but without limiting the generality of
the foregoing:.
equipment, or any part thereof, for use by the Lessee at any time by reason of the
failure to complete the overall industrial project by any particular time or at all or
(5) The taking of title to or the temporary use of the whole or any
Section 1601; subject, however: to the provisions of Section 1601 that performe n ce
Lessee;
(7) Any termination of this Lease Agreement for any reason whatsoever,
(9) Any change in the tax or other laws of the United States of
(10) Any default of the Lessor under this Lease Agreement, or any
Lessee covenants that it will not enter into any contract, indenture
or agreement of any nature whatsoever which shall in any way limit, restrict or
prevent Lessee from performing any of its obligations under this Lease Agreement.
remitting the same directly to the Trustee I for the account of Lessor, and shall
be deposited by the Trustee in the trust account provided for in the Trust Indenture
Bond Fund - Travenol Laboratories - New Project I" (the "Bond Fund"), to be
used by the Trustee as provided in the Trust Indenture. Lessor agrees at Lessee's
accounting of the funds in the Bond Fund, including the amount of bonds paid and
outstanding. Additional rent specified in Section 303 (b) shall be paid by Lessee
remitting the same directly to -the Trustee I for the account of Les sor I in the case
of the Paying Agent's fees and the Trus tee's expenses and charges I and either
making direct payment in the case of impositions and other costs, expenses,
under this Lease Agreement, or reimbursing Les s or or Trus tee, if, purs uant to the
provisions of this Lease Agreement, Lessor or Trustee shall make payment thereof.
t,
S(~.-c~·lon_iO Subject to the provisions of Section 402, Lessee
sha ll PQ)' all taxes and i}s s e s smcnt s I general. and specific, if any, levied
and assessed on the leased premises dui i nq the term, and all water and
impair the lien of theTru st Indenture on the leased premises or the s eourity
of the bonds . encumber Lessor's title, or impair the right of the Lessor and
provided, however I that any imposition relating to a fiscal period of the taxing
as of the expiration of the term. Lessor shall promptly forward to Lessee any
municipalities and used for securing and developing industry under and
not part with title to the lea sed premi se s or any part thereof during the term
or take any other affirmative action whi ch may rea sonab ly be construed as
The Lessor and the Lc s sc c acknowl eduo that (a) under their and
other Intcrpr cta tion s of present lo.v . no p.ir t of the ]!:"Jscd prorni s o s wi ll bc'
subject to ad vc lorcrn texat ion by the State of /\rkallsas or by a ny pol i t.i ca l Ul'
taxino subdivision there of I and (b) this factor I among others I rna ter ia l l y in-
duce d the Lc s s e e to enter int» this Lease AgreeJll8nt. However I the Lessee
will pay all taxes and assessments, if .any , in connection with the Project,
which may be Iawful.ly levied or assessed upon the leased premises I when the
same shall become due; provided I however I that Lcs see shall not be required
to pay any such taze s or assessments so long as the Lessee shall contest the
same I unless by such action the title of the Le s sor to any part of the Project
shall be materia Ily endangered or the Project or any part thereof shall become
subject to loss or forfeiture, in which event such taxes or asses sments shall
be paid prior to becoming delinquent. The Lessor hereby agrees that it will
....
,::
ARTICLE V
INS U Rl\]\JCE
Section 501. A. Lessee shall, at Lessee's sole cost and expense, keep
all Improvements constituting part of the lea sed premises and Le s sor' s machinelY
~
una eq uiprn cnt insured against loss or damage in o ccordance with the cus tomary
(i) Against the perils of fire and the hazards ordinarily in-
cluded under standard extended coverage endorsements In
amounts necessary to prevent the application of the co-
insurance prov is io.ns of the applicable policies but not
less than 80% of the full insurable value thereof within
the te1111Sof sppl icabl e policies:
The term ufull insurable value" means such value as shall be deter-
mined from time to time at the request of Les s or , Lessee or Trustee (but not more
frequently than once in every forty-eight (48) months) by one of the insurers
selected by Lessee .
.B. At all times during the term I Lessee shall, at no cost or expense
(i) General Public Liability insurance against claims for bodily injury
or death occurring upon, in or about the leased premises, with such insurance to
afford protection to the limits of not less than $200,000 in respect of bodily injury
or dr.;ath to anyone person and to the l im it of not Jess than $500,000 in respect of
occurring upon, in or about the Icas ed premises with such insurance to aff ord
protection to the limit of not less than $100 (000 in respect of darnaqc to the
in full force and effe ct at all times during the term of this Lease Agreement I
ox co pt :
and Lesser's machinery and equipment need not be placed in force and effect until
event s hall the ins urance required by Section 501 A. (i) be placed into force and
effect 10. ter than the expiration of the ins urance carried purs uant to the provisions
of any contracts entered into 'with contractors or the insurance initially taken out
pursuant to the provisions of Article II hereof I to the end of ha ving ins urance
coverage on all of the leased premises at all times I either by insurance in force
(If ) The ins urance required by Section 501 B I need not be placed into
force and effect until Lessee occupies New Project I, either upon completion or
before completion.
Lessor and the Trustee. And , in the case of expiring policies throughout the
.E. Policies of insurance shall name the Lessor and the Lessee as insured
as their respective interests may appear I provided, however I that where applicable
the Trustee shall also be named as a party insured pursuant to the standard mort-
ins urance policy making each policy noncancellable without at least ten (l0)
..
~.;
'
days prior written notice to Lessor, Los s oo dnd the Trus tcc . Als o I it is agreed
that no ol a irn shall f)e made and no suit or action at lew or in equity shall be
Lessee for any damage to the improvements or Lessor's machinery and equipment
covered by the ins urance provided for by this Article V( however caused I but
rebuild as provided in Article XIV. The Le s see shall have the sole right and
responsibility to adjust any loss with the insurer involved and to conduct any
of the term hereof subject to the prov.i s.ion s of j\rUcle XX hereof, yield up or
cau sc to be yielded up, in good and ton ant abl e repair, order and condition I
rcesone bl e wear and tear excepted I the bui Idi nq s e nd ilYJPfovements nc)\v or at any
time erected on the, Ne~yroject I land included in the leased premises and promptly
.at no cost an~ expense to Lessor make or cause to be made all necessary repairs,
Section 602, Lessee shall have the right from time to time to make
the New Project I land and shall have the right to construct improvements,
provided, however, that no alterations shall be made which would change the
character of the structures thereon so that they would not be appropriate and
Section 602, the Lessee shall be under no obligation at the expiration of the
term to restore the leased premises to their original condition prior to such
thereof be and become the property of the Les sor wi thout payment therefor by Lessor
but subject to this Lease Agreement. All machinery and equi pment r-trade
fixtUfe:;S, movable par tit ion s , furn itur c i:JndfurLi~;lJi}jg::;und other property
(me;' the Lessee sh<:111 so long as itLs
f not ill dcf<"lUltl.creuuder • be entitled
but sh(111 not be obliguted to remove the :3ClJiJ8, or any port thereof I 'during the
t orm , or within CJ reasonable time thereafter, but Lessee shall at its own cost
and expense repair any and 011 damage to the leased premises resulting from or
Section 604. ---p,1l property of any kind whrch may be on the leased
premises (whc th er belonging to the Lessor f Lessee or to any third person) she l l
be at the sale risk of . Lessee and those c le imiriq by I through or under Lessee
and Lessor shall not be liable to Lessee or to those claiming by; through or
under Lessee or to said third persons for any injury, loss or damage to any pcr-
Section 6 as. Lessee shall throuc hout the term I at no cost and expense
. .
to J..J8SS0T; maintain or cau scto })2 ffi3i:nt(J5.~2c1r GIld, subj cct to the pr0~.,!i~!.O":'2 c'~
Artf.cl e s XX and }::XV hereof { at the expiration of the .terrn hereof yield up t or
cause to be yielded up I in 9?od repair I order and conditions I rea sonable wear
701, Lessor and Lc s se c agree that Lessee may usc the leased premises for any
Iaw fu I purpose. Lessee shall dur iriq the term promptly comply w ith all valid
d iroot ion s and requirements of all federal, state, Jocal and other govern-
--
mcrit s or governmental author it ie s , now or hereafter applicable to the leased
premises. Lessee shall, however , have the riqht to contest any of the fore-
such contest without incidence of any liens on the leased premises, Lessee
such contest shall be prosecuted w ith due diligence; and even though a lien
against the lea sed premises may be incurred by rea son" of such non-compliance 1
security against any loss by reason of such lien and effectively prevents
foreclosure thereof. Lessee shall during the term comply with the mandatory
requirements I rules and regulations of all insurers under the policies required
by law I it will not attempt to impose upon" the use or occupancy of the lea sed
alteration of or addition to the improvements can s trtut inq part of the lea sed
premises unless Lessee shall have first procured and pa id for all requisite
join in the e ppl ice ttcn for any such permit or authorf zat ion whenever required I
but Lessee shall indemnify and hold Lessor harmless agajnst and from all
costs and expenses "which may be thereby incurred by Lessor. All such work
shall be done in a good and workman lfke manner and in comphance with 0.11
lations and requirements and in accordance with the rea sonable requirements {
rules and regulations of all insurers under the policies required to be carried
MECHIINICS' LIENS
Lessee shall, within thirty (30) days after re ce ipt of notice of the filing thereof
or the assertion. thereof against such rents, cause .the same to be di.scharged of
the leased premises or such rents; by contest r payment I deposit, bond I order
Lessor for t~e performance of any labor or services or the furnishing of any
materials that would give rise to any such lien against Lessor's interest in the
premises.
.,
-.t;
J\WJ'lCLL X
Sect jon 100 1. Cornmcno ino with the completion of New Pr?ject I
or \'o'11e11
the Lessee takes possession if prior to the compJ.ction, Lessee
shall and agrees to indernnify and save Lessor and the 'l'rus tc e harm-
Io s s.e qa i nst and from all claims by or on behalf of any person, firm or
or thing done on I the leased premises during t11C term I and against and
from all claims arising during the term from (a) any condition of the leased
premises r (b) any breach or default on the part of Lessee in the' performance
of any of its obligations under this Lease Agreement, (c) any act or
Lessor and the Trustee harmless from and against all- costs and, expenses
connection with any action or proceeding brought thereon / and upon notice
from Lessor, or the Trustee I Lessee shall defend them or either of them in any
_ ~---~----~-.-~--
U:SSOI~ ]vL\Y pJ:nrcw,LI l.rSS1T'S
.-------.---.---- --.~.-------- -
-."
lX~Lh~/lTlU]\}S
_._._---_.-._- ------ .---- --
- -
ma intonanoo of insurance; (b) payme nt of Jmpo s it ion s: (c) repairs and ma intc-
nance of the lea sed premises; (d) compliance w ith le901 or insurance rcquire-
ments; (e) k:eeping the leased premises lien frce : or (f) making of any other
payment or performance of any other obliqat ion s I then Lessor may (but shall not
be obligated to do so), upon the continuance of such fa ilure on Lessee's part for
thirty (30) days after wr itte n notice to Lessee I and without wa iv inc or relea sing
Lessee from any obl iqat ion , and as an additional but not exclusive remedy, make
any such payment orperform any such obligation, and all sums so paid by Lessor
and all necessary incidental costs and expenses incurred by Lessor in making
such payment or performing such obligation shall be deemed additional rent and
installment of basic rent thereafter falling due, and if not so paid by Lessee I
Lessor shall have the same rights and remedies as in the case of default by Lessee
for water, gus, Se;WCT, e leotr ic ity I light, 1'1('<..11: or PO\VCf, te lophonc or other
scrv.icc used, rendered or suppl icd to or for the; Lessee; upon or in connection
with the leased premises throuohout the term of this Leas e Z-'lgreement, and to
indemnify Lessor and save it harml e s s against any liability or damage; on such
account.
.
-.:: '
!lJ:Z'J'ICJ ,1;Xlii
Ica scd prem i s e s at all rca soncblc t imc s during u sue l business hours for the
purpo sc of inspection I and for the perf orrnonce of ariy \vork there in made
ncce s sary by reason of Lessee's default under any of the provi s ion s of this
Lease Agreement. Les s or may f during the progres s of any such work r
.keep and store -on the leased prern i s e s all necessary materials, supplies and
e qu ipm ent and shall not be liable for rea sonable Inconvoruencc , annoyance,
rea son of the performance of any such work or the storage of materials f
,.
/\ 1-:.T h: I I: \: \'
D\' /ICC
---- ---
,\;~lJ
.... --.
1)!·;,'.i·I'U(:j'II);\]
elo.mC1gcto or dc struct ion of the leased prcrn isc s , or (my part thcrcof , by fire'. or
other ce sua Ity . tho Lessee she l l irnrncc1.idtcly notify the Lessor and the Trustee.
If the do.mage is in the amount of $100 1000 or less I Lessee shall proceed to re-
store l ro pa ir { robu ild or replace the lea sed prem i se s to the same extent, if any,
ro qu irc d so that in the ju:dgment of the Lessee I tho leu sed prernlse s are suitable
for use for Le s see s purpose I under this Lease Agreement. If the damage exceeds
$100,000, Lessee shall, at no cost and expense to Lessor or Tru stee , proceed to
restore J repair I rebuild or replace the Iea scd premises as nearly as possible to
subject to such alterations as Lessee may elect to make in conformity with the
substitute for any item of damaged or destroyed machinery and equipment, if the
,
insurance proceeds with which such item of machinery and equipment was pur-
chased I in whole or in part , were derived from insurance on property which was
part of Lessor's machinery and equipment, shall be and become the property of
Lessor and shall be part of Lessor's machinery and equipment and subject to
struct ion shall be pa i d to the Trustee and applied a S hcr e ina ftcr set forth to
or rebuHc1ing / including cxpc nd iture s made for temporary repairs or for the
protccUon of. property pcnd inq the cornpl o t ion of j>cl'ln(mcnt rc st orut ion , ro pa ir s I
volv inq a loss of $100,000 or Joss, iJ1C In surancc proceeds shall be pa id by the
Trustee to the Lo s sco upon re ce ipt by Lo s sor and the Trustee of a certificate
signed by an officer of Lessee tha t fho re stora t ion has been made J or is in the
process of being niade in accordance w ith the prov is ion s of subsection A. hereof
loss of more than $ J.OO 1000 the insurance proceeds shall be paid by the Trustee
0.) requesting
payment of a specified amount of
such insurance proceeds;
re store tion l the Lessee shall pay the deficiency and shall nevertheless proceed
to complete the re storation and pay the cost thereof. Any balance of the insurance
proceeds remaining over and above the cost of the r c storat ion shall be paid by the
Trustee into the Bond Fund upon receipt by the Lessor and the Trustee of certificates
CIS required by this h.rticJc: to the effect tl}(\t HIe: rc storut ion LeJ s been completed.
some may be invc s tcd in any invo s tmont s in wh ich the Trustee may invo st e.mouut s
in the Construction fund under the Tru st Indenture. Such Inve stmcuts sh011 be
Section 1402, Lessee's obl iqat ion to make payment of the basic
- .
rent and all other covenants on the part of Lessee to be performed shall not be
affected by any such destruction or damage I and Lessee hereby wa ive s the pro-
visions of any statute or Jaw now or hereafter in effect contrary to such obliga.-
replace or rebuild the leased premises / or any part there of , (a) if Lessee /
pursuant to the provisions of Article XXI sha Il elect to purchase the leased
premises and shall proceed to pay the specified purchase price or (b) if the full
amount necessary under the provisions of the Trust Indenture to payor redeem
all outstanding bonds sha Il have been paid and Lessee has not elected to purchase
the leased premises. 1£ Lessee shall so elect to purchase/ the proceeds of all
insurance may be used as part of the purchase price and upon the request of Lessee
shall be so applied. 1£ there be any excess insurance proceeds over and above
the amount necessary to pay the purchase price I such excess shall be paid to and
shall belong to the Lessee. 1£ Lessee shall have pa id the full amount necessary
-
to payor redeem all outstanding bonds I any insurance proceeds shall be paid to and
condc mnod by a competent e ut horit y for i:J.J1)' public usc or purpose, then this
the vesting of title in such authority and re nt s hal l be paid to and adjusted
Se ct i on , the condemnation award shall belong to the Lessor and the Lessee
hereby a ssigns the award to the Lessor. In the event the net amount awarded
attorney's lees and other reasonable expenses and costs in the condemnation
proceeding) together with the amou.nt then in the Bond Fund, shall be insufficient
to pay in full, on the redemption date the amount necessary to pay all
prlnc l pal , interest, the reasonable Trustee's fees I redemption premiums I and all
other costs of rede mjt.ion (all of which, for purposes of this Section, shall
amount by w hi ch the total bond redemption expense shall exceed the net amount
awarded as damages or paid (less such reasonable fees ( expenses and costs)
as a result of such taking plus the amount then on deposit in the Bond Fund.
The Lessee's agreement pertaining to this Section 1501 shall survive such
termination. For purposes of this Article XV, "all or substantially all of the
-...,
takjn~J liS definod abovc , t00cthcf with UK! dmOL1J1ti.hc n in tho Bond fund, s ha l l
be in excess of the amount necessary to pay the total bond redemption expense,
if Lessee: is not in default in any of its other obl iqa ti ons under this LeClse
Ilgrcen1ent i nvo lv i nu mane tary matters ( such exce s s s hall belong to and be paid
to th2- Lessee, and if Lessee is in default wit h reference to any of its monetary
s hal l be paid to LeSS8e. The Lessor agmes that it will not voluntarily accept,
without the prior approval of the Lessee I any-amount as damages for a taking /
and the Lessor agrees that it will cooperate with the Lessee with reference to
any award with the end in vrew of obtaining the maximum possible award justi-
B. If less than s ubs tant ia lly all of the leased premises shall be
neither the term nor any of the obligations of either party under this Lease
shall have the right te participate in and to prove in the condemnation pro-
. be construed to diminish or impair in any way Lessee's obl iqat ion under sub-
ins uff lc iericy of the net condemnation award and the funds in the Bond Fund
and the par t ie s s ha l.l continue to be obligated under all of its terms and
ex pi ro t.ion of the term, LeSS88 shall be entitled to re ce ive the entire amount
of th,:? awar d made for such taking I whe t her by way of damages I rent or othcrwl s e .
If such taking is for a perrod of time wh ioh extends beyond the expiration of
tho term! Lessee shall be entitled to receive the entire award, wi.th the exception
of an amount sufficient to pay and discharge all sums due Lessor from Lessee
from the time Lessee's right of possession is' terminated to the expiration of
the term.
vision therein that the rent shall be paid to and adjusted as of the fift ee nth day
after vesting of title in the taking authority I the Lessee agrees to continue to
make payment of the basic rent and the additional rent until the condemnation
award shall be actually received by the Lessor; provided I however , the Les see
shall be repaid solely out of the net condemnation award the amount of rent so
paid after the date provided in Section 1501 A for the adjustment of rent. This
Lessee's obligations under Section 1501to pay as additional rent the amount of
any insufficiency of the net condemnation award and the funds in the Bond Fund
Section 1503. Notwi ths taridi nq the fact that all or any part of the
'.
the li ght of tho effect of any option so e.xcr ci s od by Los sec. In the event
of the exercise of an option under J\rLicle XX and payrnc nt of the required purchase
price ( whether before or after such taki.ng J the entire condemnation award
shall belong to Le s s ee .
conduct any proceeding in its discretion to the end of obtaining any proper
leased pro m.is e s or part thereof provided that no such a s s Iqnrne nt or sub-
and ony sublessee or assignee shall relieve tho Lessee of any of its
pro tanto Lessee; provided, however I that Lessee may a s siqri 'ellis Lease,
(and the leased premises and rents hereunder) will be assigned to the Trustee
as security for the payment of the principal of and i.rrtere s t on the bonds,
but otherwise the LesE.or shall not assign I encumber { sell or dispose of all
or any part of its rights, title and interest in and to the leased premises and
this Lease Agreement, except to the Lessee in accordance with the pro-
visions of the Lease Agreement and to the Trustee under the Trust Indenture I
but subject to the provisions of Article XVII hereof I without the prior written
PHIOHITY OF LEJ'\SE
Lease Agreement f this Lease Agreement (and any amendment or s uppJ.ement hereto
executed in accordance with and pursuant to the provisions of this Lease Agree-
ment) and the estate of Lessee hereunder are and shall continue to be superior
and prior to the Trust Indenture (and all supplements thereto) and any other and
all encumbrances J mortgages, deeds of trust and trust indentures I or any of them I
constituting or granting a lien upon the leased premises or any part thereof or
interest therein.
Al\TlCLE XVIII
relief for any breach or threatened bre e c11 of any of the provisions of this
at Iaw I and each party hereby waives the r5.ght to raise such. defense in any
Agreement are cumulative and are not exclusive of any other remedy. The
failure of either party to insist in anyone or "more cas c s upon strict per-
of such default.
ARTICLEXIX
DEFAULTPROVISIONS
Lease Agreement and the terms "event of default" or "default" shall mean, when-
ever they are used in this Lease Agreement, anyone or more of the following events:
(a) Failure by the Lessee to pay the basic rent, any additional
rent payable hereunder or any part thereof and (i ) continuation
of said failure for a period of five (5) days after notice by
telegram or if telegraphic service is not available after notice
by mail given to it by either the Lessor or the Trustee that
the rent referred to in such notice has not been received or
(Li) continuation of said failure for a period of ten (10) days.
(b) Failure to insure the Project to the extent and in the manner
required by Section 501.
,(a) The Lessor or the Trustee may at its option r declare all
I
(b) The Lessor or the Trustee may rc -c.ntcr and tal;e possession
of the Project without terminating this Lease Agreement,
and sublease the Project for the account of the Le s see, holdi.ng
the Lessee liable for the difference in the rent and other
amounts payable by the Le s see hereunder.
(c) The Lessor or the Trustee may terminate' the term r exclude
the-Lessee from possessi.on of the Project and us e its best
efforts to lease the Project to another for the account of the
Lessee, holding the Lessee liable for all rent and other
payments due up to the effe cti ve date of any such Ie'as inc .
(d) The Lessor or the Trustee shall have access to and inspect,
examine and make copies of the books and records and any
and all accounts data and income tax and other tax returns
I
(e) The Lessor or the Trustee may take whatever action 'at law
or in equity may appear neces sary or desirable to collect
the rent and any other amounts payable by Lessee here-
under, then due and thereafter to become due, or to
enforce performance and observance of any obligation agree- I
shall be paid into the Bond Fund and applied in accordance with the provisions
of the Indenture.
.
Section 1903, No remedy herein conferred upon or reserved to the
or remedies I but each and every such remedy shall be cumulative and shall
be in addition to every other remedy given under this Lease Agreement or now
to exorcise any right or power a c cru inq upon ,:111Y default s he l l impair any such
right or power or shall be construed to be a waiver thereof but any such right or
power may be exercised from time to time as often as may be deemed expedient.
ro lc tti nu or ot herwis c a.re each to be construed e s prov id inu that all such
payments by Lessee or others shall be made into the Dond fund referred to in
provl..).
· •...)·01·1("
,.:> of Sectio!}• ~cn
'./ V (0./' (2).
election made by it underSe oti on 103 (c) (6) (D) of the Internal Revenue Code
hereto that the interest on the bonds remain free from federal income taxation
and to that end the Lessee covenants wrth the Lessor, with the Trustee and
with each of the future holders of any of the bonds or interest coupons appertaining
(1) Lessee covenants and agrees that it will never permit the
occurrence of the ctrcums tancc s set forth in said Section
103 (c) (6) CD) and (E) so as to cause the Joss of federal
Income tax exemption on the interest on the bonds.
(1'J')Pre pa y re
.,vJ...c _ nt 1'··\ 'L·J'1" ful l amount nc ce ssarv
JJ. ( '_., .Jc.'-y
.• under the
C".Jll. v •..•...•. ,I '-" {~ •••• J • l.,; .•
The obligation of the Lessee to either purchase or prepay rent, as above specified,
shall be mandatory and shal l supersede any other option hereunder so that
occurrence of the circumstances set forth in Section 103 (c) (6) (D) and (E)
of the Internal Revenue Code of 1954 1 as ame.nded , and the resultant loss
(3) The Lessor and Lessee will cooperate to the end of complying
with any regulations I including any filing or reporting requirements I that may
be promulgated pursuant to Section 103 (c) (6) (D) and (E) of the Internal Revenue
official determination has been made that interest on the bonds has become
103 (o) (6) CD) and (E) of the Internal Revenue Code of -1954, as amended,
Section 1906. The Lessor and the Lessee covenant that neither
of them shall take any action or suffer or permit any action to be taken or
condition to exist which causes or may cause the interest payable on the bonds
the foregoing I the Lessor and the Lessee covenant that the
.•..
proceeds of. the
-;:
Section 103 (d) of the Internal Revenue Code of 1:)~),1/. d!; liill(;jHkd.
hH'J.'lCLE XX
option to extend this Lease Agreement for six (6) extension terms of five (5)
years each for a basic annual rental of Ono Hundred Dollars ($100.80) POf
ye ar t payable in advance on the first bus irie s s day of each year of the extension
term ( plus the addrtrorie l rcnta ls heretofore provided in Article III hereof and
othcrwi se upon the terms; conditions and provisions of this Lease Agreement.
Lessee (wl thout requirement of any notice of exercise) unless thirty (30) days
prior to the end of the initial term or any extension term Lessee shall give
Lessor written notice by certified or regis tered mail (with or without return
receipt requested) that Les see does not elect to have the lease term extended
beyond the then current initial or extension term, Whenever used in this
Lease Agreement the words "extension term" or "renewal term" shall have the
some meaning and shall refer to the term concerning which the option to extend
"term" appears in this Lease Agreement, the references shall include the initial
Section 2002 A. Prior to March 1 t 1982 I the Lessee shall have the right
of all or sub stantia Ily ail of the lea sed premise s for any
rea son other than condemnation referred to in sub-
section (ii); or
or any part thereof (whether or not re sulting from an insured peril) such that the
working days I or which would prevent Lessee from carrying on its manufacturing
operations therein for a period of seventy-five (75) days or the restoration cost of
which would exceed the total amount of insurance carried on the leased premises
in accordance with the provisions of Article V hereof, or such that it would not be
economically feasible for the Lessee to repair the leased prerni se s , as determined
B. On and after March 1, 1982 and during the remainder of the initial term
and during any extension term, Lessee shall have the unconditional right and
for a period of ninety day s thereafter (if tho purcha so options under the provisions
of Paragraphs A and B of this Article XX have not been exercised) Lessee 511al] J1aV(:
tho further unconditf one l right and option to pur cha se the lea sed prcm i sc s.
~-"
of Paragrcc ph s 1\ r B or C of this Section I shol I be the full amount ncoc s sary
under the prov.i s iou s of the Trust Indenture to payor redeem (on the fir st date
nece s sary notice) all outstanding bond s (inc.lud inq r without limitation r prino ipa l I
and Paying Agent's fee sL·-but after deduction of any amount then in the Bond
Fund and available for payment and redemption. In any ca se, if no bonds shall
shall be or have been otherwf se provided for I the purcha se price of the lea sed
notice to Lessor [ with a copy to the Trustee r of the exercise thereof specifying the
time and place of closing. At the closing r Le ssor shall r upon payment of the purcha S0
price here inabove specified, deliver to Lessee a general warranty deed, bills of sale
and other appropriate conveyance instruments transferring good and merchantable title
c
to the leased premises free and clear of all Hens and encumbrances except those
to which title wa s subject when lea sed hereunder I or resulting from any failure
of Lessee to perform any of its obligations under this Lease Agreement; pro-
vided I however I that if such option is exercised under the provisions of sub-
paragraph A (iii) of this Section, such title may be subject to the rights, titles
and intere sts of any party having taken or who is attempting to take title to or
NOTICES
Section 2101. All notices I demands and requests which mayor are
writing I and each shall be deemed to have been properly given when served
given I or when sent postage prepaid by first class mail by deposit thereof
one of the present states of the United States of America in a sealed envelope
addressed as follows:
Attention:
Any of the above may change the addres s and the name of
RECORDII\JG
----------
modification thereof shall be recorded in the office or the Circuit Clerk and
CENLR!\L
----------_.
in accordance with the laws of the State of Arkansas. Vvberever in this Lease
Agreement it is provided that either party shall or will make any payment or perform
or refrain from performing any act or obligation, each such provision s ha l.l, even
payment or to perform r or not to perform I as the case may be I such act or obligation.
All factual representations set forth in the whereas clauses of this Lease Agreement
shall be cons trued as express recitals and covenants on the part of the party to
which each such recital is applicable to the same extent as though set forth as an
Section 2302. If any provision of this Lease Agreement or the applica ti ori
invalid or unenforceable I the remai.nder of this Lease Agreement and the application
o,f its provisions to persons or circumstances other than those as to which it has
each provision of this Lease Agreement shall be valid and shall be enforced to the
Section 2303. The Article captions in this Lease Agreement are for
convenience and reference only and in no way define, limit or describe the scope
or intent of this Lease Agreement or any part thereof, or in any wise affect this
Section 2304. It is agreed that after the bonds are fully paid and dis-
-
charged, or adequate provision is made for the ir payme nt and discharge I and all
proper and reasonable fe e s a nd expenses of the Trustee and Paying IIgent arc paid
or adequate provis ion made for their payment, the Trustee shall cease to have any
r icht , title o nd interest in, to or under th i.s Lease Agreement. Thef8af~er, all
-.
riDhts of e pprova l or other rights hero in s pcc if iod w ith roforcnce to tlio 'Trustee
form any other covenant f condition l promise or <Jgfccmcnt set forth in this
Lease Agreement to be obs erved r kept or performed by the Lessee, the Trus tee
shall be entitled f in the name of the Lessor I or in its own name (in accordance
wi th the provisions of the Trust Indenture), to enforce each and every right or
remedy herein accorded in this Leas e Agreement to Les sor in the event of the non-
agreement.
bind and inure to the benefit of the partie s hereto and their re spective sue-
ce s sor s , assigns and suble s see s (it being understood that assignments and
Section 2307. It is agreed that the Lessor and the Lessee shall
not alter I modify or amend any of the terms of this Lease Agreement without
the prior wr itten a pprova l of the TrUSl:8er which consent will not be unreasonably
'Withheld.
....-- , .
Section 2308. Lessee shall promptly furni sh to Lessor and to the
Trustee I within 120 days after the end of each fiscal year of Lessee I a balance
sheet of Lessee as at the end of such fi sca l year and the related statements of
income and surplus for such fiscal year I all in reasonable detail and accompanied
standing f who may be the accountants regularly employed by the Lessee r in the
and will not, without the consent of the Trustee I dissolve I sell, lease or
othcrwrse dispose of all or substantially all of its business and assets provided,
however I the Lessee may f without the consent of the Trustee I consolidate
'lion s hu ll oxpre s s ly e s surno in wr it inq e l) of the obJig;}tions of Lessee contained
in this Lease Agreement and that the net tangible assets of the other corporation
. ,
after the consolidC1UoJl, morqor or sale be at lGClst equal to the net tangible
the event of the consolidaTIon wrth or merger into anofher corporation or the sale
by this subsection, and the assumption by the other corporation of the ob1igations
hereof J the Lessee shall be relieved from all further obligations hereunder, As
used herein "net tangible assets" means all assets of the corporation (except
Section 2310. Lessor and Lessee covenant that each of them will cause
this Lease Agreement, the New Project I Guaranty Agreement and the Trust Indenture J
and all instruments supplemental to any of them, to be kept recorded and filed
in such manner and in such places (if any) as may be required by law in order
- -
fully to preserve and protect the security of the bondholders and the rights of
Section 2311. The Lessor agrees that [ when requested by the Lessee,
it will take the necessary steps to grant sewer I utility J road and street easements
over, along, across and under the leased premises, and to take such action as may
(as authorized by Section 802 of the Trust Indenture). The Lessor and Lessee I in
proceeding pursuant to this sectjon , may rely upon and act in accordance with a
Lessee.
Al1TICLE XXIV
EXPANSION OF FACILITIES
out of the proceed sof thebond s to such an extent that Lessee may not desire to
fore I it is agreed, subject to all of the provisions of this Article )Q-QV I as follows:
notify Lessor and Les sor C!-greesto proceed under the provisions of Act No. 9 (or
Arkansas to issue bonds for the purpose of securing and developing industry) to
issue additional bonds I othervvise than under the Indenture I subject to the require-
ments of Act No. 9 or any such then existing law I to finance such additional
facilities ~ In that event I the Lessor and the Lessee agree to execute a separate
Lease Agreement covering the. financing of such addittcnal facilities and the
leasing thereof to Lessee upon the same terms and conditions as set forth in this
Lease Agreement, subject to any changes or additions that may then be agreed
upon by Lessor and Lessee, but there must be included provision for basic annual
. .
rent in the amount necessary to provide for the payment of the princ ipa l of and
interest on. any such additional bonds I and the land involved in such expansion
program shall automatically be wrthdrawn from this Lease Agreement upon be-
under Act No.9, or any then existing similar law I as provided in sub-paragraph (a)
above, or if for any reason Lessee does not desire to so proceed, Lessee shall
have the right, upon notice to Le s sor , to require Lessor to the extent permitted by
Section 2404 to convey the land to be Invo lve d in said expansion program to
- Lessee by general warranty deed free and clear of all encumbrances except those
Trust Indenture for a release of the lands to be involved in any expansion program
(under either Section 2401 (a) or Section 2401 (b))from the lien of the Trust Indenture.
pursuant to the provisions of Section 2401 (b) shall be One Dollar ($1.00) per acre
and the mutual benefits to be derived by the parties from such expansion program.
Section 2403. The fact that the land involved in suchcxpans ion
relieve / and shall not result in the relieving of Lessee of its obligations to pay
basic rent and additional rent or any of the other covenants and obli.gations on the
diminution thereof.
provisions of Section 2401 may include only such portion of the New Project I
land originally leased and demised by this Lease Agreement as. shall not at such time
- '
for adequate ingress and egress to and from said buildings and structures plus such
necessary for the proper and efficient use of such buildings and structures.
Section 2405. The rights conferred upon Lessee by this Article XXIV
shall be in addition to and not in limitation of any of the options granted to Lessee
by the provisions of Article XX hereof, and the provisions of this Article XXIVare
in addition to and not a limitation upon Lessee I s rights under Section 602 hereof,
ARTICLE XXV
this Lease Agreement and has not received notice of any other default on
its part hereunder, remove, free of any right or claim of Lessor or the Trustee,
ment of a utility or value at least equal to that, at the time of removal, of the
removed and building service equipment added by Lessee after the full com-
pletion of a building (and not by way of repair, replacement or the like) may be
removed I provided the original efficiency, utility and value of the building is
not impaired;
(c) Lessee shall pay all the costs and expenses of any such removal
and shall immediately repair at its expense all damages ca.used thereby.
escalators I refrigerating I air cDnditioning and air cooling equipment I and items
Section 2502. The Lessor and the Lessee recognize that after
machinery and equipment, In any instance where the Lessee in its sound dis-
cretion determines that any items of Lessor's machinery and equipment have
and equipment from the Project I and (on behalf of the Les sor)
vided further that such removal and substitution shall not impair the
-Lea se and Agreement and shall be held by the Lessee on the same
(b) The Lessee may remove such items of Les sor ' s machinery and
equipment from the Project and sell, trade-in or exchange them (in
or in case of the scrapping thereof: the Lessee pays into the Bond
Fund the proceeds from such sale or the scrap value thereof, as the
case may be, (ii) that in the case of the trade in of such machinery
in the Pr9ject,_the Lessee pays into the Bond Fund the amount of
the credit received by it on such trade in! and (iii) that in the
the Lessee pays into the Bond Fund an amount equal to the original
in the Project any item of machinery or equipment! the Lessee: rnay , in lieu of
purchasing and installing said items of machinery and equipment itself I advance
to the Lessor the funds necessary therefor t whereupon the Lessor will purchase
Trustee I will pay to the Trustee" such amounts as are required by the provisions
of the preceding subsection (b) to be paid into the Bond Fund promptly after
the sale I trade-in or scrapping requiring such payment [ and will execute and
deliver to the Lessor and the Trustee such documents as may from time to time
be requested to confirm the title of the Le s sor (subject to this Lease Agree-
ment) to any items of machinery and e qui pment that under the provisions of this
section are to become a part of Lessor's machinery and equipment. The Lessee
will pay any costs (including counsel fees) incurred in subjecting to the lien
of the Indenture any items of machinery or equipment that under the: provisions
of this section arc: to become a part of Le s sor '.s machinery and e qui pmcnt. The
Lessee will not remove or permit the removal of any of Lessor's machinery
Lessor { within Sixty (60) days after the end of each calendar year I Lessee's
authorized officials and officers as of the day and year first hereinabove
written.
Qd
CITY OF MOUNTAIN HOME
LESSOR
r ARKA.NSAS
BUUAU~
I
-: l/ I
Mayor
ATTEST:
f
/
t
(SEAL)
By _
(Title)
ATTEST:
(Title)
(SEAL)
/
ACKNOVvLEDGMENT
STATEOF ARKANSAS )
)
COUNTY OF BAXTER )
Public duly commi s s io ned , qualified and acting I vvithin and for the County
personally known, who stated that they were duly authorized in their respective
capacities to execute the foregoing instrument for and in the name of the City I
and further stated and acknowledged that they had s io ned , executed and delivered
the foregoing instrument for the consideration, uses and purposes therein mentioned
Notary Public
My commission expires:
ACKNO\tVLEDGMENT
STATEOF
COUNTY OF
Public duly commissioned, qualified and acting within and for the County and
that they were duly authorized in their re s peot ive capacities to execute the
foregoing instrument for and in the name and behalf of the corporatron , and
further stated and acknowledged that they had so s iq ned , executed and delivered
the foregoing instrument for the coris ideratton, uses and purposes therein mentioned
" IN TESTIM ONY WHEREOF 1 I have hereunto set my hand and official
Notary Public
My commission expires:
(SEAL)
EXHIBIT I};.
1963 LAND
Section 2. That the Mayor and Ctty Clerk be, and they are hereby J
authorized and directed r for and behalf of the City, to do all things, execute
all instruments and otherwise take all action necessary to the realization of
the City's rights and to the discharge of the City's obligations as Lessor under
to be separable, and if any section, phrase or provision shall, for any reason,
be declared to be invalid, such declaration shall not affect the validity of the
need for the securing and developing of indus try in order to provide additional
and delivery of the Lease and Agreement authorized by this Ordinance are
necessary for the immediate preservation of the public health, safety and welfare,
shall be in force and take effect immediately upon and after its passage.
ATTEST:
(SEAL)
CERTIFICATE
certifies that the foregoing pages are a true and perfect copy of Ordinance
a' clock --L. m • I on the 28th day of February f 1972 f and that the Ordin-
and 59
ance is of record in Ordinance Record Book 2 f at page58/ I now in my
GIVEN under my hand and seal this 28th day of February I 1972.
!
/ City Clerk
(SEAL)
ORDINANCE NO, 293
approved January 21/ 1960 I as amended ("Act No.9") I to acquire lands I con-
incur other costs and expenses and make other expenditures incidental to and
operations; and
velopment Revenue Bonds payable from revenues derived from the industrial
(des cribed on Exhibit B to the Trust Indenture made a part hereof and referred to
as the "1963 land It) and has heretofore constructed and equipped manufacturing
facilities thereon which have been leased by the City to Baxter Laboratories I
April 16, 1963 (the "1963 Lease Agreement") with the project there involved (the
"original Proj ect ") having been financed by the City issuing Industrial DeveJop-
ment Revenue Bonds in the principal amount of $2 1500 I 000 (the "1963 bonds"
and secured by a Trust Indenture by and between the City and Worthen Bank
& Trust Company f dated as of April 1 f 1963 (the" 1963 Indenture "); and
\I\THEREAS
Baxter has assigned its right f title and intere s t in the
developed to the point that a substantial expansion is neces sary and arrange-
ments have been made between the City and 'I'rave riol for the City to remodel
-
the original Project f construct and equip additional manufacturing buildings
on the 1963 land and on land adjacent thereto (the "New Project I land ") and
acquire and install machinery and equipment ("New Project I"); and
WHE..R.EAS
no provisions were included in the 1963 Lease Agreement
or ini:he 1963 Trust Indenture for a withdrawal of lands from the 1963 Lease
Agreement or a release of such lands from the lien of the 1963 Indenture with
the res ult that the remodeling and the permanent improvements constructed on
the 1963 land will become subject to the 1963 Lease Agreement and the It en of
Development Revenue Bonds under Act No. 9 in the principal amount of not to
exceed Five Million Dollars ($5 1000, 000) (the "bonds "); and
WHEREASthe City and Tra venol are executing a Lease and Agreement
the New Project I land I improvements thereon, and machinery and equipment and
among other provisions specifies basic rent sufficient to provide for the payment
VV"HEREAS
Travenol is a subsidiary of Baxter and Baxter has agreed to
Agreement"; and
\VHEREl-'l.S
there has been submitted to the electors of the City the
question of iss uing the bonds at a special election, and at the special election
VVHERRl.\S
the bonds are to be sold and delivered in series I with there
of Mountain Home,
~ Arkansas:
-.-
the following:
Development Revenue Bonds of the City under Act No. 9 in the total principal
amount of not to exceed $5/ 000, 000 I to provide for the immediate execution and
pres cribe the terms and conditions upon which the bonds are to be secured, exe-
cuted, authenticated, accepted and held, the Mayor is hereby authorized and
directed to execute and acknowledge a Trust Indenture, and the City Clerk is
hereby authorized and directed to execute and acknowledge the Trust Indenture
and to affix the seal of the City thereto, and the Mayor and City Clerk are her eby
authorized and directed to cause the Trust Indenture to be accepted, executed and
acknowledged by the Trustee, with the Trust Indenture! which constitutes and is
to wit:
TRUSTINDENTURE
between the CITY OF MOUNTAIN HOME; ARKANSAS a city of the first class,
I
duly existing under the laws of the State of Arkansas (the "City"), as party of
the first part, and COMMERCE UNION BANK; an institution organized under and
existing by virtue of the laws of the State of Tennessee I with its principal office,
\IVITNESSETH:
V\THEREAS
the City is authorized by Act No.9 of the First Extraordinary
co sts and expen se s and make other expenditure s incidental to and for the imple-
ment Revenue Bonds payable from revenues derived from the industrial project so
on Exhibit A hereto and referred to herein as the" 1963 land") and has heretofore
constructed and equipped manufacturing facilities thereon which have been leased
Lease and Agreement dated as of April 16, 1963 (the "1963 Lease Agreement") with
the project there involved (the "original Project") having been financed by the City
(the II 1963 bonds ") and secured by a Trust Indenture by and between the City and
Worthen Bank & Trust Company, dated as of April I, 1963 (the II 1963 Indenture ");
and
WHEREi\S Baxter has assigned its right, title and interest in the
ments have been made between the City and Travenol for the City to remodel the
1963 land and on land adjacent thereto (the "New Project 1 land") and acquire
in the 1963 Trust Indenture for a withdrawal of lands from the 1963 Lease
Agreement or a release of such lands from the lien of the 1963 Indenture with
the result that the remodeling and the permanent improvements constructed on
the 1963 land will become subject to the 1963 Lease Agreement and the lien of
Development Revenue Bonds under Act No. 9 in the principal amount of not to
hereinafter described in detail but which, generally stated, specifically lea ses
the New Project I land, improvements thereon, and machinery and equipment and
among other provisions specifies ba sic rent sufficient to provide for the payment
Agreement"; and
\\THEREASthere has been submitted to the electors of the CHy the
there being initially issued Series A in the principal amount of $3,300, 000 r
"V\lHEREAS
the execution and delivery of this Trust Indenture (sometimes
called the "Trust Indenture" or the "Indenture") and the issuance of the bonds
have been in all respects duly and validly authorized by ordinance of the City
Council of the City / adopted and approved on the 7th day of February, 1972; and
Trustee s Certificate
t to be endorsed thereon are all to be in substantially the
following form I with necessary and appropriate variations I omissions and in-
for Series A and there shall be necessary conforming changes in the case of
subsequent series):
(Form of Bond)
under the Iaw s of the State of Arkansas (the "City")! for value re.ce ived , promises
in such coin or currency of the United States of America as at the time of payment
shall be legal tender for the payment of public and private debts I and to pay in
like coin or currency interest on said principal amount from the date hereof until
paid at the rate of per cent ( %) per annum, such intere st to be payable
the princtpa l office of Commerce Union Bank, Na shvi.l le , Tennessee (the "Trustee"
shall be by check or draft to the registered owner as shown on the bond registration
one of a series of bonds aggregating Three Million Three Hundred Thou sand
Dollars ($3,300,000) (the "Series A Bonds"). The Series A Bonds are part of an
with the bonds of all series to rank on a parity of security and the the bonds
are being issued for the purpose of financing expansion facilities at the
industrial project presently owned by the City and leased to and operated by
("New Project r'). The bonds are all issued under and are all equally and ratably
secured and entitled to the protection given by a Trust Indenture (the "Indenture") I
dated as of March I, 1972! duly executed and delivered by the City to the Trustee!
which Indenture is recorded in the office of the Circuit Clerk and Ex-Officio
Recorder of Baxter County I Arkansas! and reference is hereby made to the Indenture
and to all indentures supplemental thereto for the provisions I among others I w ith
respect to the nature and extent of the security I the rights I duties and obligations
of the City I the Trustee and the holders and registered owners of the bonds I and
the terms upon which the bonds are issued and secured.
The bonds are issued pursuant to and in full compliance with the Constitution
and laws of the State of Arkansas, particularly Act No. 9 of the First Extraordinary
of the City passed and approved on the 7th day of February I 1972 which ordinance
I
authorized the execution and delivery of the Indenture. The bonds are not general
obligations of the City, but are special obligations payable solely from lease
rentals and revenues derived from New Project 1. A Lease Agreement has been
executed between the City as Lessor and Traveno1 as Lessee, which provides for
basic rent sufficient to pay the principal of and interest on the bonds as the same
become due. Payment of basic and additional rent and performance of all other
designated "New Project I Guaranty Agreement". Provision has been made in the
Lease Agreement for the basic rent to be paid directly to the Trustee and deposited
Industrial Development Revenue Bond Fund - Travenol Laboratories - New Project I"
(the "Bond Fund"). New Project I revc nue s (including particularly rentals
under the Lease Agreement) have been duly pledged by the Indenture to the
payrnent of the principal of and interest on the bonds f and the bonds are
thereon and the machinery and equipment specified in the Indenture. The bonds
The holder of this bond shall have no right to enforce the provisions of
the Indenture or to institute action to enforce the covenants therein f or to take any
action with respect to any event of default under the Indenture f or to institute s
appear in and defend any suit or other proceeding with respect thereto; except as
provided in the Indenture. In certain events r on the conditions I in the manner and
with the effect set forth in the Indenture I the principal of all the bonds issued
under the Indenture and then outstanding may be declared and may become due and
payable before the stated maturity thereof I together with accured interest thereon.
mental thereto I may be made only to the extent and in the circumstances permitted
by the Indenture.
follows:
(1) The Series A Bonds shall be redeemed from the proceeds of condemnation
of all or substantially all of the Project or from the Lessee exercising an option to
whole but not in part I at any time I at a redemption price equal to the principal
amount being redeemed plus accrued interest to the redemption date I plus a
(2) The Series A Bonds shall be redeemed from the proceeds of the Lessee
purchasing the Project or prepaying rent pursuant to the provisions of Section 1905 (2)
of the Lease Agreement, at any time I at a redemption price equal to the principal
amount of the bonds being redeemed plus accrued interest to the redemption
interest on the prtnc ipal amount of bonds outstanding on the date on which
circum stance s set forth in Section 103 (c) (6) (D) and (E) of the Internal Revenue
year any uncompleted fraction thereof) which lapses between the date on which
interest on the bonds become s taxable and the date of redemption (year as used
(3) The Series A Bonds may be redeemed on and after March 1 r 1982,
at the option of the City r from funds from any other source I in whole or in part I
on any interest payment date I at a redemption price equal to the principal amount
of the bonds being redeemed plus accrued interest to the date of redemption and
plus a premium of 2-3/4% of the princrpal amount of the bonds being redeemed.
newspaper published in the City of Little Rock, Arkan sa s I and he ving a general
less than thirty (30) days before the date of redemption. In addition, notice of
registered address and placed in the mails not less than thirty (30) days prior to
the date fixed for redemption. In the event that all of the bonds are registered as
thereof not less than thirty (30) days prior to the date fixed for redemption shall
be sufficient I and published notice of the call for redemption need not be given.
Each notice shall specify the numbers and the maturities of the bonds being
called and the date on which they shall be presented for payment. After the
date specified in such call, the bond or bond s so called will cea se to bear
interest provided funds for their payment have been deposited with the Trustee I
and r except for the purpose of payment, shall no longer be protected by the
the Indenture,
and interest and may be di s charq ed from such registration, in the manner, with
the effect and subj ect to the terms and conditions endorsed hereon and set forth
in the Indenture. Subject to the provisions for registration endorsed hereon and
shall affect or impair the negotiability of this bond and as declared in Act No.9,
this bond shall be deemed to be a negotiable instrument under the laws of the
State of Arken sa s , This bond is issued with the intent that the laws of the State
and thing s required to exist I happen and be performed precedent to and in the
issuance of the bonds do exist, have happened and have been performed in due
time, form and manner as required by law; that the indebtedness represented by
the bonds I together with all obligations of the City I does not exceed any con-
stitutional or statutory limitation; and tha t the above referred to revenues pledged
to the payment of the principal and interest on the bonds I as the same become
This bond shall not be valid or become obligatory for any purpo s e
or be entitled to any security or benefit under the Indenture until the Certificate
caused this bond to be executed in its name by its Mayor and Cleri<., thereuntc
duly authorized, with the facsimile signature of the Mayor and the manual
signature of the Clerk r and its corporate seal to be affixed; and has caused
ATTEST:
7 City Clerk
(SEAL)
(Form of Trustee I s Certificate)
TRUSTEE
By _
(Authorized Signature)
(Form of Coupon)
$_-- No. _
March,
On the first day of September 1 19 __ 1 the City of Mountain Home f
Arkansas (unless the bond to which this coupon is attached shall have been
the Indenture referred to in the bond) will pay, solely from the revenues pledged
Nashville, Tennes see, upon pre sentation and surrender hereof, the sum of
______________ DOLlARS
in such coin or currency of the United States of America as at the time of payment
is legal tender for the payment of public and private debts, being six (6) months I
interest then due on its Industrial Development Revenue Bond - Travenol Laboratories
By (facsimile signature)
Mayor
PROVISIONS FOR REGISTRATION ]\ND RECONVERSION
City I kept by the Trustee under the wi thi n mentioned Indenture as bond
registrar, upon presentation hereof to the bond registrar, which shall make
mention of such registration in the registration blank below r and this bond
and endorsed hereon by the bond registrar. Such transfer may be to bearer,
payable only to or upon the order of the registered owner or his legal represent-
ative. Interest accruing on this bond will be paid only on presentation and
nant interest coupons shall remain payable to bearer and shall continue to be
at any time thereafter while this bond is registered in the name of the owner I
such surrendered coupons will be paid by check or draft of the bond registrar
at the times provided herein to the registered owner of this bond by mail to the
address shown on the registration books. This bond when so converted into a
coupon bond at the written request of the registered owner and upon presentation
at the office of said bond registrar. Upon such reconversion the coupons
representing the Interest to become due thereafter to the date of maturity will
again be attached to this bond and a s to tcm ent will be endorsed hereon by
the bond req i stre r in the registration b le nk below whether it is then registered
: Manner of Signature of
Date of Registration: Name of Registered OVlller : Registration: Bond Registrar
and
by the Tru stee and issued a s in thi s Indenture provtd ed , the valid I binding
and legal obligations of the City according to the import th ereof . and to constitute
this Indenture a valid lien on the properties mortgaged and a valid pledge of the
rev enu e s herein made to the payment of the principal of and interest on the bonds,
have been done and performed, and the creation, execution and de ltvery of this
Indenture and the creation, execution and issuance of said bonds, subject to the
V\TITNESSETH:
That the City in consideration of the premises and the acceptance by the
Tru stee of the Trusts hereby created and of the purcha se and acceptance of the
bonds by the holders and owners thereof, and the sum of One Dollar ($1.00), lewful
money of the United States of America t to it duly paid by the Trustee t at or before
the execution and delivery of these presents { and for other good and valuable
the payment of the principal of and interest on the bonds according to their tenor
and effect and the performance and observance by the City of all the covenants
expressed or implied herein and in the bonds, subject to the Lease Agreement, does
hereby grant, bargain { sell, convey I mortgage, a ssign and pledge unto the Trustee,
and unto its successor or successors in trust, and to them and their e ssiq n s
forever, for the securing of the performance of the obligations of the City hereinafter
set forth;
1.
County I State of Arkansa s I referred to herein a s the New Project I Land f with
together with the tenements I her edi tament s r appurtenances r rights r privileges r
-
As provided e l s ewher e in this Indenture, certain of the permanent
improvements being financed out of the proceeds of the bonds are being
con structed on the 1963 land. No provision wa s made in the 1963 Indenture
for the relea se of any land { and permanent improvements constructed thereon
in connection with an expansion program, from the Hen of the 1963 Indenture
and under the provisions of the 1963 Indenture the permanent improvements
constructed on the 1963 land will become subject to the lien of the 1963
Indenture securing the 1963 bonds. Therefore, so long as any of the 1963
the permanent improvements on the 1963 land. However I when the 1963 Bonds I
pri noi pe I and interest I are fully paid; or full provision for such payment is
duly made, it is covenanted and agreed that the City shall forthwith execute
and deliver to the Trustee a s additional security for all outstanding bonds
mortgage lien on and security interest in all or that portion of the 1963 land
and all improvements thereon then owned by the City and to pledge all revenues
derived, and to be derived from such 1963 land and improvements, subject and
subordinate to the interest of the Lessee under the 1963 Lease Agreement, as
it may have been theretofore amended and supplemented. The parties are
to declare the nature and extent of the lien, and to the extent necessary to
accomplish the stated purpose of the provisions her eof , to relea se any lien
(statutory or foreclosable) that might otherwise exist until and unless sub-
?
v.
All machinery, equipment and other personal property of every kind and
nature whatever acquired by the City and paid for out of the Construction Fund
and placed on and in the 1963 land, the New Project I land, improvements
substitutions which become the property of the City pursuant to the Lease
recment. All such maohinery I equ Ipment and personal property shall be
iclentifjed in a 1edger i a copy of which shall be filed with the Trustee and
appropriate tag or other device reflecting that it i s owned by the City and
The Lease Agreement and all rights, but not obligations of the City
thereunder and all revenues and income derived by the City from the mortgaged
property I including, without limitation, all rentals received by the City from
the leasing of the mor'cgaged property and in particular the rentals and profits
5.
The Bond Fund and the Construction Fund I and all moneys and invest-
ments therein but subject to the provisions of this Indenture pertaining thereto I
6.
7.
Any and all other property of every kind and nature frorn time to time
or with the consent of the City, to the Trustee, which is hereby authorized to
receive any and all such property at any time and at all times and to hold and
TO HAVEAND TO HOLD all the same w ith all privileges and appurtene ncc s
its successors in said trusts and to them and their assigns forever;
IN TRUST NEVERTHELESSr upon the terms and trusts herein set forth for
the equal and proportionate beriefi t , security and protection of all holders and
owners of the s ai d bonds and interest coupons thereto attached issued under and
otherwise of ny of said bonds or coupons thereto attached over any of the others
of said bonds rovrded , however, that if the City I its successors or e s s iqn s ,
shall well and truly pay I or cause to be pai d , the principal of the bonds and the
. interest due thereon r at the times and in the manner provided in the bonds and the
intent and meaning thereof, and shall make the payments into the Bond Fund as
required under Article V or shall provide, a s permitted hereby I for the payment
thereof by depositing or causing to be deposited with the Trustee the entire amount
due or to become due thereon r and shall well and truly keep I perform and ob serve
all the covenants and conditions pursuant to the terms of this Indenture to be kept,
performed and observed by it, and shall pay to the Trustee all sums of money due
or to become due to it in accordance with the terms and provisions hereof , then
upon such final payments this Indenture and the rights hereby granted shall cea se,
determine and be void; otherwi se , this Indenture to be and remain in full force and
effect.
declared; all bonds issued and secured hereunder are to be issued, authenticated
and delivered and all said revenues and income hereby pledged are to be dealt with
and disposed of under, upon and subject to the terms, conditions, stipulations,
the City ha s agreed and covenanted l and does hereby agree and covenant, with
the Trustee and with the respective holders and owners, from time to time of the
DEFINITIONS
this Indenture ( the following words and terms as used in this Indenture shall have
Fund - Travenol Laboratories - New Project I" - The fund of the City created by
Section 501 of the Indenture into which the funds specified in Article V are to be
Revenue Bonds - Travenol Laboratories - New Project L issued under and secured
202 hereof.
which have been authenticated and delivered under the Indenture except:
(b) Bonds for the payment or redemption of which cash shall have been
theretofore deposited with the Trustee (whether upon or prior to the maturity
or redemption date of any such bonds) provided that if such bonds are to be
redeemed prior to the maturity thereof, notice of such redemption shall have
been given or satisfactory provision shall have been made therefor; and
(c) Bonds in lieu of which others have been authenticated. under Section 208.
"Paying Agent" - The bank or trust company named by the City as the
place at whi ch the principal of and interest on the bonds is payable. The original
I
Paying Agent is Commerce Union Bank / Nas hv i l Ie ( Tennessee.
Ia nd , buildings and improvements constructed on the 1963 land and on the New
Project I land, and machinery and equipment acquired and ins talled in all or a
portion of such improvements r all paid for out of the proceeds of the bonds"
ansas (lands are des cribed on Exhibit A hereto) owned by the City and leased to
Baxter by a Lease and Agreement dated as of the 16th day of April / 1963 (the
"1963 Lease Agreement") and appearing of record in the office of the Circuit Clerk
and Ex-Officio Recorder of Baxter County, Arkansas/at Book __ Page __ " The
Bonds to finance the cost of accomplishing the original Project (the" 1963 bonds")
and the 1963 bonds are secured by a Tru s t Indenture by and between the City and
Worthen Bank & Trust Company, Little Rock, Arkansas I dated as of the first day
of April, 1963 (the "1963 Indenture") and appearing of record in the office of the
Circuit Clerk and Ex-Officio Recorder of Baxter County, Arkansas J at Book ---
Page __ "
"Trustee" - The Trustee for the time being J whether original or successor J
with the original Trustee being Commerce Union Bank, Nashville J Tennessee"
interests and rights set forth in the granting clauses of this Indenture"
bonds not registered as to principal and the registered owner of any bond registered
wherein the City is Lessor and Travenol is Lessee, recorded in the office of the
act in behalf of the Lessee by written certificate furnished to the Lessor and the
Trustee containing the specimen signature of such person and signed on behalf of
the Lessee by the president or any vice president of the Lessee. Such certificate
act in behalf of the Lessor by written certificate furnished to the Lessee and the
Trustee containing the specimen signature of such person and Signed on behalf
person shall be satisfactory to the Lessee and shall be replaced by the Lessor
"Permitted encumbrances" - (i) This Trust Indenture and the Lease and
Agreement, (Li ) utility, access and other easements and rights of way/ restrictions /
reversions and exceptions that the Lessee certifies will not interfere with or
impair the operations being conducted in the Project, and (iii) such minor defects,
normally exist with respect to properties similar in character to the Project, and
as do not materially impair the property affected thereby for the purpose for which
under the New Project I Guaranty Agreement wherein Baxter guarantees the prompt
performance of all obligations of its subsidiary (Traveml) under the Lease Agreement.
in Section 409 B. of this Indenture and which is the Guaranty Agreement wherein
New Project I" or 11 Construction Fund" - The fund created by Section 601 into which
the portion of the proceeds of the sale of the bonds specified in Section 601 is
to be deposited and out of which disbursements are to be made in the manner and for
"City Clerk Ii. - "Clerk" or "Recorder" - The person bolding the office and
"Revenues" - Tbe income r cbarges r and moneys realized from the lease,
sale or other disposition of the Proje ct , including all rentals and other sums to
Section 1 02. Words of the masculine gender shall be deemed and con-
strued to include correlative words of the feminine and neuter genders. Unless
the context shall otherwi se indicate, the words "bond" r "coupon" I "owner" I
"holder", and" person" shall include the plural, as well as the singular, number.
ARTICLE II
THE BONDS
Indenture ex ce pt in accordance with this Article, and the total principal amount
of bonds that may be issued is hereby expressly limited to Five Million Dollars
($5 I OOO! 000), except with respect to substituted bonds issued under Section
208.
New Project L Series A" (the "Series A Bonds") and shall be in the principal
amount of $3,300,000. The Series A Bonds shall be dated March 1,1972, and
each year, commencing September 11 1972. The Series A Bonds shall be numbered
$5 I 000 e a ch , and the principal thereof shall mature annua l ly , unless sooner
redeemed in the manner in this Indenture set forth, on September 1 of each year
as set forth in and in the amount in the amount set opposite each year in the
following schedule I which schedule als a sets forth the bond numbers and the
1972
may be subsequently issued at any time for the purpose of pa yi nq Project costs,
the bonds, provided there shall never by issued bonds in a principal amount that
would result in a violation of the limitation specified in Section 103 (c) (6) ( of
the Internal Revenue Code of 1954. Such additional bonds shall be issued in series f
with the next series to be designated "Ser ie s BII and with each series thereafter to
thereon shall be payable semiannually, may have serial maturities or all may have
the same maturity f may contain provisions for redemption prior to maturity and may
contain such other provisions not inconsistent 'with the provisions of this Indenture,
all as shall be set forth in the ordinance of the Ci ty Council authorizing their
issuance. Such additional bonds shall be secured by this Indenture and shall rank
on a parity of security in all respects with the bonds of previously issued series.
They shall be authorized by ordinance of the City Council, which s hal) set forth
the details concerning the bonds f whrch details shall be embodied in a Supplemental
Trust Indenture by and between the City and the Trustee I and an executed copy of
each Supplemental Trust Indenture I together with a certified copy of each authorizing
ordinance I shall be filed with the Trustee prior to the delivery of any such additional
bonds. In addition there must be filed with the Trustee an executed copy of a
Supplemental Lease Agreement increasing the basic rent in the amount neces sery
to provide for the prompt payment of the principal of and Iritere s t on the additional
bonds of the particular series then being issued and an executed copy of a Supple-
ment-to the New Project I Guaranty Agreement specifying the Guarantor's approval
and providing tha t the guaranty covers the Lease Agreement as so supplemented.
·When there shall have been filed with the Trustee a certified copy of the ordinance I
opinion of counsel satisfactory to the Trustee approving the additional bonds of the
series then proposed to be i s s ue d , the Trustee shall authenticate said additional bonds
when executed and delivered to it with the seal of the City affixed and deli such
Mayor (by his manual or facsimile signature) and City Clerk (by his manual
signature) thereof and shall have impre ssed thereon the seal of the City. The
coupons attached to the bond s shall be executed by the fac simi le s ic natur e of the
Mayor. The Mayor shall file the certHicate required by Act No. 69 of the Acts of
Arkansas of 1959 and otherw i se comply with the provisions of said Act No. 69 of
1959 f and his facsimile signature shall have the same force and effect as if he had
personally signed, The bonds I together w ith intere st thereon, shall be payable from
the II Bond Fund" as hereinafter set forth, and shall be a valid claim of the holders
thereof only against such fund and the revenues pledge_d to such fund (but in
addition shall be secured by a lien on and security interest in the Project) I wh ioh
revenues are hereby pledged and mortgaged for the equal and ratable payment of the
bonds and shall be used for no other purpose than to pay the principal of and interest
on the bonds I and the Paying Agent's fees I except as may be otherwise expressly
authorized in this Indenture. The bonds and interest thereon shall not constitute
shall appear on the bonds shall cease to be such officer before the delivery of such
bonds I such signature or such facsimile shall nevertheless be valid and sufficient
for all purposes I the same as if he had remained in office until delivery.
executed by the Trustee shall be entitled to any right or benefit under this Indenture.
No bond and no coupon appertaining to any bond shall be valid and obligatory for any
purpose unless and until such Certificate of Authentication shall have been duly
executed by the Trustee I and such Certificate of the Trustee upon any such bond
shall be conclusive evidence that such bond has been authenticated and de uver cd
under this Indenture. The Trustee's Certificate of Authent ice tion on any bond shall
but it shall not be necessary that -::he same officer s iqn the Certificate of AuthencicaUon
on all of the bonds issued hereunder. Before authenticating or delivering any bonds I
the Trustee shall detach and cancel all matured coupons I if any i apperte intno thereto,
Section 205. The bonds issued under this Indenture and the coupons
attached thereto shall be substantially in the form hereinabove set forth ';dith such
this Indenture.
Section 206. Upon the execution and delivery of thi s Indenture, the City
shall execute and deliver to the Trustee and the Trustee shall authenticate the bonds
and deliver them to the purohe s er upon payment of the purcha se price plus accrued
interest from the date of the bonds to the date of delivery I and the Trustee shall
for new construction and by reason thereof , it is intended that this Indenture
Section 208. In case any bond issued hereunder shall become mutilated
be executed and the Trustee may authenticate and deliver a new bond of like date I
number I maturity and tenor in excharrj e and substitution for and upon cancellation
of such mutilated bond and its interest coupons 1 or in lieu of and in substitution
for such bond and its coupons destroyed or lost, upon the holder's or own er+s
paying the reasonable expenses and charges of the City and the Trustee in connection
therewith I e nd , iIJ ca se of a bond destroyed or lo st , his filing with The Trustee
evidence satisfactory to it that such bond and coupons were destroyed or lost, and
of his ownership thereof f and furnishing the City and Trustee with indemnity se ti s-
factory to them. The Trustee is hereby authorized to authenticate any such new
bond. In the event any such bonds or coupons shall have matured, instead of
issuing a n ew bond or coupon; the City may pay the same VvLrtDt1t the surrender
thereof .
Section 2090 Title to any bond; unless such bond is registered in the
manner herein provided I and to any interest coupon shall pa-ss by deli very in the
same manner a s a negotiable instrument payable to bearer. The City shall cause
books for the registr'atLn and for the transfer of the bonds a s provided in this
Indenture to be kept by the Trustee a s bond registrar, At the option of the bearer I
any bond may be registered as to principal alone on such books; upon presentation
-,
thereof to the bond registrar; which shall make notation of such registration thereon.
assignment duly executed by the registered owner or his attorney or legal representative
in such form as shall be satisfactory to the bond registrar, such transfer to be made
on such books and endorsed on the coupon bond by the bond registrar. Such
shall be payable only to or upon the order of the registered owner or his legal
upon registration of any such bond, or at any time thereafter while registered in the
times prov.ided therein to the registered owner by mail to the address shown on the
registration books. Each of the bonds when converted a s aforesaid into a bond
registered as to both principal and interest may be reoonverted into a coupon bond
at the written request of the registered owner and upon presentation at the office
of said bond registrar. Upon such reconversion the coupons representing the
interest to become due thereafter to the date of maturity will be attached to the bond
and a statement will be endorsed thereon by said bond registrar in the registration
blank on the back of the bond whether it is then registered as to principal or payable
to bearer. No charge shall be made to any bondholder for the privilege of registration
and transfer hereinabove granted, but any bondholder requesting any such registration
or transfer shall pay any tax or other governmental charge required to be paid with
name the same shall be registered shall be deemed and regarded a s the absolute
owner thereof for all pur poses and payment of or on account of the principal of any
such bond shall be made only to or upon the order of the rsql stered owner thereof,
or his legal representative, and neither the City, the Trustee, nor the bond registrar
shall be affected by any notice to the contrary I but such registration may be changed
a s herein provided. All such payments shall be valid and effectual to satisfy
and di scharqe the liability upon such coupon bond to the extent of the sum or sums
so paid. The City r the Trustee, the bond registrar and the Paying A.gent may deem
and treat the bearer of any bond which shall not at the ttrne be registered a s to
principal, and the bearer of any coupon appertaining to any bond, whether such
coupon, as the ca se may be, whether such bond or coupon shall be overdue or not,
for the purpose of receiving payment thereof and for all other purposes whatsoever I
and neither the City, the Trustee, the bond registrar nor the Paying Agent shall be
Section 302. The bonds of any serie s issued under the provisions of
manner I at such times and at such prices as may be provided in the ordinance
Section 303. Notice of the call for redemption shaLl be published one
time in a newspaper publ.i sh ed in the City of Little Rock I Arkansa s I and having a
not less than thirty (30) days before the date of redemption. In addition, notice
and placed in the mails not less than thirty (30) days prior to the date fixed for
redernptton , In the event that all of the bonds are registered as to principal,
not less than thirty (30) days prior to the date fixed for redemption shall be
sufficient, and published not.ic.e of the call for redemption need not be given. Each
notice shall specify the numbers and maturities of the bonds being called and the
date on which they shall be presented for payment. After the date specified in
said call, the bond or bonds so called will cease to bear interest provided funds
for their payment have been deposited with the Trustee, and, except for the purpose
of payment I shall no longer be protected by the Indenture and shall not be deemed
the Trustee together with the unmatured coupons appertaining thereto and s ha ll be
Seotion 305. All unpaid ooupons which appertain to bonds so called for
redemption and whrch shall have become payable on or prior to the date of
GENER,Z\L COVENANTS
Section 401. The City covenants that it will promptly pay the principal
of,redemption premiums, if any, and interest on every bond issued under this
Indenture at the place, on the dates and in the manner provided herein and in
said bonds f and in the coupons appertaining thereto according to the true intent
and meaning thereof. The principal, redemption premiums and i ntere st (except
interest I if any, paid from accrued interest) are payable solely from revenue s
derived from the Proj ect r which revenue s are hereby specifically pledged to the
payment thereof in the manner and to the extent herein specified, and nothing
any other funds or assets of the City (except the securing of the indebtedness
evidenced by the bonds and coupons by a lien on and security interest in the
mortgaged property and any lien on I security interest in, and pledge of land,
bui ldrno s , improvements and revenue s derived therefrom I subsequently created and
tho se in the various sections of this Article IV, it pledges no funds or revenues other
than those provided for in the Lea se Agreement and the revenues derived from the
avails of the mortgaged property, but nothing herein shall be construed as pro-
hibiting the City from using any other funds and revenues.
Section 402. The City covenants that it will faithfully perform at all
times any and all covenants, undertakings, stipulations and provisions con-
tained in this Indenture I in. any and every bond executed I a uthenticated and
deli vered hereunder and in all ordinances pertaining thereto. The City
covenants that it is duly authorized under the Constitution and laws of the
to issue bonds authorized hereby and to execute this Indenture and to make
e pledge Clnd cove nt s in the manner and to the: ezJ It herein set forth;
that all action on its part for the issuance of the bonds and the execution
and delivery of this Indenture has been duly and effectively taken; and that
the bonds in the bands of the holders and owners thereof are and will be
valid and enforceable obligations of the City according to the Import thereof.
Section 403. The City covenants that it lawfully own s and is Iawfu l ly
possessed of the rnortgaged property and that it has good and merchantable title
and estate th er ein , subject to the exceptions set forth in tbe granting cl au se s
Lea se Agreement 1 which exceptions wi ll not substa ntially interfere with the
utilization of the trust estate for the purposes intended f and tha t it warrants
and will defend said title to the Trustee, its successors and assigns, for the
benefit of the holders and owners of the bonds against the cl.s trns and demands
of all persons whomsoever. The City covenants that it will do f execute, e cknow-
ledge and deliver or cause to be done, executed f ack nowl edqed and delivered!
such Indenture or Inderrture s supplemental .iereto and such further acts r instruments,
and transfers as the Trustee may reasonably require for the better assuring, trans-
ferring I mortgaging r pledging! a ssigniJ).g and confirming unto the Trustee the trust
estate.
charges at any time levied or assessed upon or against the trust estate! or
any part thereof, which might impair or prejudice the lien and priority of this
require the City to cause to be paid any such taxes, assessments, imposts
Section 405. The City covenants that it will at all times cause the
repair and working order I and that it will from time to time cause to be made
all needed repairs so that the operation and business pertaining to the
mortgaged property shall at all times be conducted properly and so that the
to tn
L
e te rrn s of wh i ch the Lessee
1'-" \.:....._
. .oJ-
is obligated to maintain the mortgaged !,operty
set forth in the Lease Agreement, and so long as the Lease Agreement is in
as
force a erreetr-
Lh e C'~ sha l lJ>e
lLY::o" ~ d e ev med to be in compliance with its
Section 406, The City and the Trustee covenant that each of them will
cause this Indenture, the Lease Agreement and the New Project I Guaranty
Aareement,
zr
and all instruments supplemental to any of them I to be kept
recorded and filed in such manner and in such places (if any) as may be re-
Section :j 07. The; City covenants that so Jong e s (lny bonds issued
of and in relation to the mortgaged property and the revenues derived from the
mortgaged property, requested by the Trustee, the City agrees to have the said
books of record and account audited, not more than annually, by an independent
Certified Public Accountant. The audit report shall contain at least the follovving
information:
(a) All revenues derived from the mortgaged property and all
expenses incurred by the City in connection therewith;
Cd) The amounts on hand in each fund s how ino the res pective
amounts to the credit of each fund and any security held
therefor and showing the details of any investments thereof.
The City further covenants that all books (inc] documents r ,I;;ling
to the mortgaged property and the revenues derived from the mortgaged property shall.
at all times be open to the inspection of such accountants or other agencies as the
Trustee may from time to time designate. In this rec ard , so long as the Lease
!i,greement isin force and effect, records furnished by the Lessor and Lessee to r
or kept by, the Trustee in connection wi th its duties a s such shall be deemed
Section 408, To the extent that such .inform at ion shall be made
-
known to the City under the terms of th is Scction, it w il I keep on file at the
office of the Trustee a list of names and e ddrc s s os of the lust known holders of
all bonds payable to bearer and believed to be held by e2ch of such lust
known holders. Any bondholder may request that his name and address be
pl oc cd on said list by filing' a wr itt e n request w it]. the C it)' or with the Trustee I
which request s hal l include a statement of the pr inc ipa l amount of bonds held
by such holder and the numbers of such bonds, Neither the City nor the 1'1'\.\s-
t8e s hal l be under a ny res pons to u ity -with regard to the acourecy of said list.
Notice or report required herein to be given to the bondholders on such list shall
as to principal and interest reflected on the book maintained by the bond registrar.
Section 409. A. It is understood and agreed that the New Proj ect I land I
improvements thereon and the machinery and equipment I acquired out of the
proceeds of the bonds I have been lea sed to Travenol under the Lea se Agreement.
The Lease Agreement is recorded in the office of the Circuit Clerk and Ex-Officio
office of the Clerk of the City and in the office of the Trustee. Reference is
hereby made to the Lease Agreement for a detailed statement of the terms and
conditions thereof and for a statement of the rights and obligations of the parties
thereunder. The Hen of this Indenture is subject and subordinate to the Lease
]\greement. The City agrees: upon the request of the Trustee I to enforce all
covenants and obligations of the Lessee under the Lea s e J!,greement and agrees that
the Trustee, in its own name or in the name of the City / may and is hereby granted
the right to enforce all rights of the Lessor and all obligations of the Le s see
under and pursuant to the Lease Agreement/ whe ther or not the Lessor is in
has unconditionally guaranteed the prompt performance of the rental and all other
obligations of the Lessee under the Lease Agreement and the New Project I
Guaranty Agreement is pledged and assigned to the Trustee as security for the
payment of the principal of and interest on the bonds. All references herein to
pledging the revenue s derived from the Proj ect or the revenue s derived from the
mortgaged property shall include all payments under the New Project I Guaranty
Agreement. Furthermore/ the City agrees/ upon the request of the Trustee; to
enforce all covenants and obligations of the Guarantor under the New Project I
Guaranty Agreement and agrees that the Trustee/ in its own name or in the name
of the City, may and is hereby granted the right to enforce all obligations of the
Guarantor under the New Proj ect I Guaranty Agreement, whether or not the City
made to the provisions of the New Project I Guaranty Agreement for a detailed
a uthorized by and is sued under this Indenture are outstanding; it will not sell
accordance with the provisions of the Lease Agreement, and that it will not
encumber the same I or any part thereof I or its interest therein / or create or
are out s te nd inq , it will keep or cause to be kept the mortgaged property insured
against the perils and to the extent set forth in the Lease Agreement and that
clause as its inte re s t may appear. It is understood that the City has made
provisions in the Lea S8 Agreement for such insurance, pursuant to the terms
of which the Lessee is obligated to keep the property insured as set forth in the
Lease Agreement, and so long as the Lease Agreement is in force and effe ct ,
the City shall be deemed to be in compliance with its obligations under this
Section 411.
Section 412. The City covenants that it has made all necessary
filings to effect an election with re spect to the bonds under Section 103 (c) (6)
Section 413. The City and the Trustee covenant that neither of
them shall take any action or suffer or permit any action to be taken or condition
to exist which causes or may cause the interest payable on the bonds to be subject
to federal income taxation. Without limiting the generality of the foregoing I the
City and the Trustee covenant that the proceeds of sale of the bonds wi ll not be
"arbitrage bonds" within the meaning of Section 103 (d) of the Internal Revenue
Code.
l\wnCJ.L v
with the Trustee a trust fund of "ncl in the name the City to be dc s io noted
Fund ") .
received:
(b) All basic rent payments specified in Section 203 (a) of the
Lea s e Agreernent;
(c) JUJ other moneys received by the Trustee under and pursuant
to any of the provisions of the Lease j\greenwnt directing
such moneys to be paid into the Bond Fund; and
Furthennore, the City covenants and agrees that so long as any of the bonds
cause to be deposited, In the Bond Fund sufficient moneys from revenues and
income derived from the Project (whether or not under and pursuant to the Lease
- -
Agreement) to promptly meet and pay the principal of and interest on the bonds as
the same become due and payable, and to this end the City covenants and agrees
cause the Proj ect to be continuously and efficiently operated a s a revenue and
income producting undertaking ,- and that should th ere be 2 default under the Lce s e
Agreement with the result that tho right of possession of the Jcas cd premises is
returned to the City, the City w ill fully cooperate with the Trustee and w ith the
holders and registered owner s of the bonds, to the end of fully protecting the
rights and security of the holders and regi stered owners of the bonds f and!
if and when requested by the Trustee I the City shall diligently proceed in
good faith and use its best efforts to secure another tenant for the lea sed
premises to the end of at all times deriving suffi.cient revenues and income
from the Project to promptly meet and pay the principal of and interest on the
bonds a s the same become due and payable. Nothing herein shall be construed
a s requiring the City to use any funds or revenues from any source other than
funds and revenues derived from the Project for the payment of the principal
of and interest on the bonds and d:i.scharging other obligations of the City under
this Trust Indenture, but nothing herein shall be construed as prohibiting the
Section 503. Moneys in the Bond Fund shall be used solely for
provided, however, that such provi sion shall not be con strued a s prohibiting a
refund to the Lessee under the Lease Agreement of excess basic rents f if any,
Section 504. The Bond Fund. shall be in the name of the City,
designated as set forth in Section 501, and the City hereby irrevocably authorizes
and directs the Trustee to withdraw from the Bond Fund sufficient funds to pay
the principal of and interest on the bonds at maturity and redemption or prepay-
ment prior to maturity and to use said funds for the purpose of paying said principal
and interest in accordance with the provisions hereof pertaining to payment, whtch
when the principal th ereof becomes due f either at maturity or otherwi se, or at
the date fixed for redemption thereof, or in the event any coupon shall not be
presented for payment at the due date thereof I if there shall have been deposited
with the Paying Agent for that purpose, or left in trust if previously so deposited,
funds sufficient to pay the pri nc ipa l thereof I together with all interest unpaid and
due thereon I to HIS date of maturity th ereof , or to pay such coupon I as the ca se
may be for the benefit of the holder thereof or the holder of such coupon, all
liability of the City to the holder thereof for the payment of the principal thereof
and intere st thereon I or the holder of said overdue coupon for the payment thereof I
and thereupon it shall be the duty of the Paying Agent to ho l d such fund or funds,
without liability for intere st thereon, for the benefit of the holder of such bond, or
the holder of such coupon, as the case may be, who shall thereafter be restricted
exclusively to such fund or funds, for any claim of whatever nature on his part
under this Indenture or on, or with respect to, said bond or coupon.
of Section 303 (b) of the Lease Agreement, the Lessee agrees to pay as additional
rent the fees, expenses and charges of the Trustee and Paying Agent as authorized
rendered by the Trustee. All such additional rent payments under the Lease Agreement
which are received by the Trustee shall not be paid into the Bond Fund, but shall
account and shall be expended solely for the purpose for which such payments are
recei ved , and the Trustee hereby agree s to so establish said accounts an:3.:to make
Trustee under any provision of this Indenture shall be held by the Trustee in trust,
and except for moneys deposited with or paid to the Trustee for the redemption
of bonds, notice of whi ch redemption has been duly given, shall, while he ld
the Trust e e , constitute part of the trust estate and be subject to the lien hereof.
Any moneys received by or paid to the Trustee pursuant to any provisions of the
Lease ,Agreement calling for the Trustee to hold, administer and disburse the same
in accordance with the specific provisions of the Lea se l\greement shall be held I
administered and disbursed pursuant to said provisions, and where required by the
provisions of the Lease Agreement the Trustee shall set the same aside in a separate
account. The City agrees that if it shall receive any moneys pursuant to applicable
provisions of the Lease Agreement, it will forthwith upon receipt thereof pay the
same over to the Trustee to be held I administered and di sbursed by the Trustee in
accordance with the provisions of the Lease Agreement pursuant to which the City
may have received the same. Furthermore, if for any reason the Lease Agreement
ceases to be in force and effect while any bonds are outstanding, the City agrees
that if it shall receive any moneys derived from the mortgaged property, it will
forthwith upon receipt thereof pay the same over to the Trustee to be held r admini stered
and disbursed by the Trustee in accordance with provisions of the Lease Agreement
that would be applicable if the Lease Agreement were then in force and effect I and
hold, administer and disburse such moneys solely for the discharge of the City's
Trustee is authorized and directed to refund to the Lessee under the Lease Agreement
all excess amounts a s specified in the Lease Agreement, whether such excess
Section 601. The proceeds of the sale of each series of the bonds shall
be deposited in a special account of the City in the Trustee f wh ioh account shall
Project costs as set forth in Section 203 of the Lease Agreement. Such expenditures
be in writing and filed with the Trustee) and one or more duly designated represen-
tatives of the City (which designation shall be In writing and filed with the Trustee).
The Trustee shall keep records concerning and reflecting all disbursements from
the Construction Fund and shall file an accounting of disbursements if and when
requested by the City or by Travenol. The Trustee shall make payment from the
Section 603. Whenever the City and Travenol jointly notify the Trustee
in wr itiriq (which may be by the same writing or in different writings) that any
balance remaining in the Construction Fund will not be needed for completion of
TNVESTMENTS
Section 701. (a) Moneys held for the credit of the Construction Fund
gations the princtpal of and interest on which are guaranteed by F the United
the Trustee I organized under the laws of the United States or any State thereof I
the holder f on or prior to the dates the funds will be needed as reflected by a
(b) Moneys held for the credit of the Bond Fund or any other fund or
account shall to the extent practicable be invested and reinvested in (i) direct
trust companies I including the Trustee I organized under the laws of the United
State s or any State thereof f which will mature I or which will be sub] ect to
redemption by the holder thereof at the option of the holder I not later than
the date or dates on which the money held for credit of the particular fund shall
be required for the purposes intended. The Trustee shall so invest and reinvest
Travenol.
fund or account shall be deemed at all times a part of such fund. Any profit
or income realized from such inve stments shall be transferred to the Bond Fund.
l'I1G'lCU; vin
POSSl~S~;lON 1..1S]:hNJ) Pl~LJ~.1ISEOF
I
M Ol\TCiiC;]~]) P;\OF1TTY
--- ._--
Indenture I the City and any Lessee of the City shun be suffered a nd permitted
to possess/ use and enjoy the mortgc1gecl property and e ppurt e na nce s G
the City { to join with the City in taking the necessary steps r or I if req uircd.
scwer , utility r road and street ea seme nts over I along r across and under the
ulOrtgaged property I provided that the location of any such casements and the
nature thereof shall not i nterfere with the present or logical future use of the
(or threat of condemnation) of the Project covered by Section lSOlB of "LI1C Lease
Agreement I and in the case of either (a) or (b) above I the Trustee shall be
entitled to rely upon and act in accordance with a certificate of a duly qUulified
engineer t who may be an engineer employed by "the Lessee of the Lee s e lIgree-
me nt , and the prior written approval of the Lessee; of the Lease j\,gweme;nt s ha ll
-"
b~~obtained ·in each instance ...
t
. Sect) on 803. It is hereby recognized by the City a nd the Trustee-
/'
that the Lessee under the Lease Agreement I to the extent provided in Article
of the said Lessee. Upon a sufficleut_.!?howing to the Trustee t het the term s,
have been met a nd satisfied t the Trustee s ha ll lund is hereby a ut hor izcd (Hid
a ny such cxpul1sion proorrim from the lien of this Inucnturc. Furthcr.uorc s it
5,s J:ccogni:::.ed t hat the City may issue bonds (in addition to the bonds s cc urcd
by this Indenture) to fi na nce the cost of any such expans io» progr,ml I and
nothing in this Inde nturc shall be construed a s prohibiting the City from
- issuing bonds for such purpose, from entering into a separate lease agTeernent
\'vit.h the Lessee under the Lease Agreement! or entering into i3 s uppl crne nte l
lease agreement with the Le s see under the Lea so l\greernent r or the Le s s ec ' s
authorized successors and assigns 1 from pledging the rentals derived from
the payment of the bonds then be ino i s s ued , from placing a first lien by
mortgage on and pledg5.ng e Ilrevenue s derived from any lands and improverne nt s
or ot herwi.se acquired out of the proceeds of the bonds then being issued; even
though some of said property may be located on lands and improvements corist itu-
ting pal. ( of the. mOl-tgaged property under this Trust Indenture and even though
some of said property may have been released from the lien of this Trust Indenture
pursuant to the provisions of this Article. Also r without r e Iea sing the Hen of
this Indc nture , the City may place a lien upon any portion of the mortgaged
propertyunder this Trust Indenture as security for the bonds then being i s sucd ,
or make a. pledge of any of the revenues pledged under this Trust Indenture in
favor of the bonds then being i s s ue d , -so long as any such lien on t hc mortgaged
----roo
property covered by this Trust Indenture and any such pledge is s ubordi nat.c to
the-lien and pledge of this Trust Indenture; to and in favor of the bonds secured
hereby.
Section 804. Provided no eve nt of deL:)ult and no e vc nt which w ith
machinery and e q uiprne nt" r a s those terms are defined in the Lea se Agree-
., ,
me nt , may be removed, sold; replaced or ot herw is c d i spo sec.: as p:-O\}lOCQ
thereof, and the Trustee shall { and is hereby a uthorrz ed to I upon a showing
to the Trustee of compliance with the said applicable provisions of the Lea se
the necessary steps to release the said properties horn the Hen of this
Indenture. The proceeds of any such rernove l , sale or other disposition shall
this Section 804 shall automatically become and be subject to the lien of
this Indenture asH specifically mortgaged hereby. The City will, hcwe ver ,
upon written request by the Trustee t convey the same to the Trustee by an
Inde nture supple mental hereto in form and substance satisfactory to the Trustee
r
---,.-.
!\wnCLE
Section SOl. If the City she l l pay o r cause to be paid. to the holders
and owners of the bonds and coupons the principal and interest to become clue
thereon at the times and in the ITJdnner st ipula ted therein, and if the City shall
keep! perform and observe 2.11 and singular the covcrie nt s and promises mtho
by it on its part / then these presents and the estate a nd rig hts hereby granted
and discharge the lien of this Inde nture , and execute and de hvcr to the City
reconvey to the City tbe estate hereby conveyed, and assign and deliver to the
City any property at the time sub] ect to the lien of this Indenture wh ic h may then
shall have been deposited with the Trustee (whether upon or prior to the
within the mean.ing of this Section; provided, however t that if such bonds
The City may- at any t.irne surrender to the Trustee for ca rice l latio n
with any unpaid coupons thereto belonging, wh ich the City rnay have acquired
in any mariner whatsoever! a nd such bonds and coupons, upon such surrender
(b) Default in the due and punctual payment of any moneys required
premium, if any f any bond hereby secured and outstanding f whether at the
r< • t
'
e frtcr . . ..
nonce
.>;:,'IT~,:~.;r; .
':0 .,
"LDevI y 'oy +'h
tnc ''-'
J.fUS t·ee or J']
)y t 1e '1.'.010e[3
" or r-
not J-] .e ss
con teli r.
ill;' I
'~.' I
, : ~. I, r 1 1 '( J /.1' ' I' I~I 1 ,!" t.'
in
r> '.'
"-' I. -..J. ! 1 J :_-'
, , -,
LL~-,l-l 01.10 L'
.. ,-. -. -. ,-
~:..!..v
.~]
:.:.,- --
out of the same 3~,::'any moneys received Irorn 2n1' :C8C8iv~,,:r of e ny pac~ thereof
" t
C(J!T1l)811S':5..-ClC)11 '0
"
·CC.2
r-r-,
llu8T08/
• 'I
res
J'
cgenc.s e no l'
CO·UT1SG ; aDO a ny )
C iafg8s
. 0::
r'-I
rne
Trustee here under e nd any t2xes r and assessments and other Chui:S8S prior to
• ) "L
Vlhile in possession of such property tJJC Trustee shall render annually
to the ho ldor s and registered owners of the bonds, at their addresses as set
forth in the Est required by Section 408 hereof and on the bond registration
book maintained by the Tru stee f a summarized statement of income and expend).-
pri nc ip a l of 2.
nilj eel as prov id eo. in Section 11 0 1 hereof , the Trustee shall be obHgai:ecl to
Sect ion arid by SSC:tiOfl 1003 as the Tr ust ec , be ino ad\riscd })~r counsel, she l l
remedy s but each and every such remedy s112.11 be curnulat i ve and sha Il be m
1':0 delay or orni s s ion to ex crc i s c any right or pover accruing upon any
default or event of default shall Impair any such right or pCY:.'GL or shall be
SLJch pow er s as the court r;:~:i';::Lng
such e ppointment sh.s l l confer.
,, ,
J ,i
-
'\ lc: ( 1 "
'.< .: l-' )
--, 1
J ; 1J ;'! () \ <>
n -- 1 1 )) e c-~;
J
" I .) ,1
'-
Firs t:
:--' in s t 1J m c n L .:.~ 0 f
< •• :
on such bonds fr orn the respective dates upon wh i ch they b:::;comedue, and, 5f
according to the ar.iount of principal due on such date I to tbe persons entitled
Third: To the pay ment of the Intero s t on and the principal of the bonds,
and to the rcdSf:;ption of bonds I all in e ccordancc w ith the provisions of !":,rU cle
(b) If th'3 priricrpal of all the bonds sb al.l have be corne due or shall
ojscrjlninaL)on or !~:ri\:j_Jcg8.
i ~ .. i.e.::.: ';J
(: r the
t irnc s, (}11Cl Irorn ti~1e to t irne , as it s}~611 c3.eterl}lin.8, ha\'illg due reg-a.rd to
, ""
aCOJ o.one i1 1rJ0118:lS
,',DeC:OlTllX1g avau'1 a '3 for such opplication i.n the future.
\Vhenever the Trustee shall apply such funds I :Ltsha ll fix the date (which
of t118 deposit w ith rt of any such moriey s and of the fixing of any such date
and shall not be re quir ed to make payment to the holder of any unpe id coupon
or any bond until such coupon or s uch bond and all unmatured coupons I if
any I apperte inino to such bond shall be pre scritcd to the Trustee for appropriate
Sectign 1OO~. h.ll rights of action (including the right to fil e proof of
by the Trustee ',',rj tnout POSSC:::,S±C::-l of any of the bonds or coupons or the pro>
or proceeding In s t i tutr-d by the Tru st e e sha ll be brought .in its Denne (}s 'I'ru st ee ,
JI t~c fl~'r
};JJO.
-- .-.~- ---
---.-
l"~o
kr)
•. -' c-J-- C'J>
\...-...... ct. ]'0 '-,.•
-.. ,
or to in st lt utc
tbey ha,"T8 offered IO the Trustee .lndemni~y as provided in Se ct ion 1101 nor unle s s
the 'I'ru st ee sh.all tber2e.fter fail or refuse to excroi se tile pO\\78rS 1)\:?;re=~.rl0Gfor(::
qr arrte d , or to institute such act ion , suit or procc cd ino 111 its O~,-..7iJ name: BJ1d
such case at the option of the Tr:...st ee to be condrtrons precedent to t ho cxe cut ion
of the powers and trusts of this Indenture I and to any action or Ca1..]38of act ion
for the cnfor cerncnt of this Lnderitur e or for the appoi1:tment of a receiver or
th(~ir """:
.I. .:..:::
,'.-
•• ~
b'::':211 taken.
Section lOL~. 'I'he 'I'rus te e may in 11:s djscr(:::tjon \'.'ai'le any event of cle-
fault hereunder and its consequences and rescind ally d cc Iarat ion of me tuzi ty of
(-o "O()·
U 10 rn PrJ..nClpcL 1 amount t 0_f a_I1" Donas
1 OUtst , .,
.sr ancuno ncreunc , er I
. 1 d / 1ricwever
prOVIGC I
that there shall not be warvcd (a) any e\18::1tof default in the payment of the
princtpaI of any bonds issued hereunder and outstanding hereunder at the date
s:
OJ: me tur
ur ii ,ty SpeC.1Ile(~nereln
. 1 t' .c·
or t: )
\,.0 any Oel3.U
, - 1"
t In tlne pey.nont , 01c the J.nt8rest
shall h eve been paid or provided Ior , and in cost:; of any such wa i ver or rc sc is-:
po s il.ion s CincJ [igniS hereunder re s poc tiv e ly: but no such \'"aiVA[ or rescission
, ,
:!!~', ,i r:
c' \ .) I
r r-
\lO ,_ .S \u
ult to corrc I Ci
pr ov i dod I
sa id
selves wrth the terms and ptovis ioris of the Leese f',gTccment.
]\li.TICJX xr
trustee under Cl corporate mortgage! but orily upon and s ub ie ct to the fol low ino
of trusts hereof and Us duties hereunder, and may in al1 cases pay reasonable
reasonably be employed in connection with the trusts hereof. The Trustee may
the City prior to the occurrence of a default of wh i ch the Trustee has been
the exercise of such care. The Trustee shall not be responsible for any loss
or damage ro s ult ino from an action or non-action in accordance with any such
opinion or advice.
(b) The Trustee shall not be responsible for any rcc ite l hcre in , or in
or for insuring the property herein conveyed or collecting any Irisurancc moneys I
Or for the validity of the execution by the City of this Indcriturc or of any supp.lc>
for the value or th c title of the prop orty herein conveyed or o th crw i s e DS to th
1J1cJ.inteJl(}JlCC
of the security hereof; ox co pt th ot jon o event the Trustee cnt cr:
prov.is.i.on of this Indenture. it shall use due dil5_gencc In prcscr v.ino such
.
pr operry: - sria J 1 not ; l')8 bOUl1aO
ana ,., TDe T<_l"U"';cec
( oJ "j
,J,
, t a soerrc m or rnq uir f' • • C a s to
' t'ne
the City full Inforrnat ion and advice c s to the performance of the covcnants , con-
conveyed <
(c) The Trustee may become the owner of bonds and coupons s e cur ed
hereby w rth the same rights whi ch it would have if not Trustee.
(d) The Trustee shall be protected in acUng upon any notice I request I
sent by the proper person or persons. Any action taken by the Trustee pursuant
to this Indenture upon .the request or authcrrty or CO!1Sent of any per son who at
the time Of making such request or giving such authority or consent i.s the
owner of any bond secured hereby I shall be conclusive and binding upon all
future owners of the same bond and upon bond s Ls s ued in exchange therefor
or in place thereof.
sufficiency or validHy of any In s tru merit , paper or proce cdinq I the Trustee
shall be entitled to rely upon a certificate of the City signed by its Mayor and
attested by the City Clerk as suffic: cnt evdencc of the fClctS therein conta: ned
or expedient, but ma y at its discretion at tho i oo s ona hlc ex pons o of the City I
. -
in ovory case s ccurc such further evidence as it rna y think necessary or
advisable but s he ll in no case be bound to secure the same, The Trustee may
accept a cerU£icate of the.-City Clerk. of the City under its seal to the effect
that a resolution:or ordinance 3n the form tlierc.in set f ort h bas b e er: adopted
by the City as conc lus ive evidence that such resolution or ord inarrce has b c en
this Indenture shall not be construed as a duty of the Trustee, and the Trustee
have notice of any default hereunder except a default under Section 1001 (a) or
(c) or failure by the City to make or cause to be made any of the payments to
the Trustee required to be made by Article V unless the Trustee shall be specifi-
caIly notified in writing of such default by the City or by the holders of at least
ten per cent (10%) in aggregate princi pe I amount of bonds outstanding hereunder
Trustee, and in the absence of such notice so delivered f the Trustee may con-
(if 1\t any and all reasonable times the Tru s t ce f and its duly aut i:.::cc!
have th~ right fully to inspect any and all of the property herein conveyed J
including all books { papers and records of the City pertaining to the Project
-
and the bonds f and to take such memoranda from and in regard thereto as may be
desired.
respect of the execution of the said trusts and powers or otherwise in res pect
of the premises.
respect of the auth entication of any bonds 1 the withdra-wal of any cash { the
release or any property, or any action what soever wrthtn the purv iow of this
bonds I the withdrawal of any cash, the relea s c of any property I or the taking
.(1) Before takillg such action hereunder 1 the Trustee may require that
except Ii obi l ity which is adjud icut cd to have resulted from the neg1igcnce or
wil.lf ul default of the Trustee, by r ca son of any action so Luken by the 'Trustee.
'I'hc 'Trustee S]1i:JJJ be.; o ut.it l cd to p.i yme nt 2nd/of
rc Imbur s cmcnt for its rc as onablc lees for services rendered hereunder (!
made or mourrcd by the Trustee in .and about the executional the trusts
created by this Indenture and -in and citout the exercise and performance bv
the Trustee of the power's and duties of the Trustee hereunder f and for a l l
Trustee) c The City has made provrs ion in the Lease Agreement for the pay-
ment of said reasonable and necessary advances I fees I costs and expenses
and reference is hereby made to said Lease Agreement for the provisions so
revenues other than those provided for in said Lease )\greernent and the
revenues derived from and the avails of the mortgaged property to the payment
of any obligation of the City set forth in this Indenture I including the ob1iga-
tions set forth in this Section 1102, but nothing herein shall be construed as
prohibiting
._- --
the City from using any other funds and revenues for the payment
of-any of its obligations under this Indenture. Upon def aul t by the City f but
default, the Trustee shall have a first lien wi th right of payment prior to pay-
ment on account of principal or interest of any bond issued hereunder upon the
mortgaged property for said reasonable and necessary advances I fees r costs
section (g) of Se ct.ion 1101 hereof required to take notice or if notice of c1cf()uli
be given it (1$ in se id sub-section (g) provided, then the 'I'rus te e sh(111 ~;jve
in9 h crc nndcr SflOVn1 by th e Jist of DOlldhuJci.:::r:3roquircd by tho terms of Sc;c'L.1Uj)
--. - - - -
party and wh i ch in the opinion of the Trus tco and its coun scl ho s 0. s ubstant ie I
bearj)Jgon the interests of 0\\'110rS of bonds is sucd hcreund er . the T1'us1:80 may
the owners of -at Jea st ten per cent (l 0%) of the aggregate pr inc ip al "u.mount of
bonds outstanding hereunder.' The r iqhts and obJigaiions of the TrustGc under
this SecU.on 1104 are subject LOthe approval of the court havinc jurisdiction
in the prernise s .
Section 1105. Any bank or trust company into which the Trustee
may be merged r or with 'which it may be con solidated r or to which it may sell
whole I or any ba nk or trust company re s u.lt irio from any such s218'[ merger;
become succes s or trustee hereunder and vested 'with all of the title to the
whole property or trust estate and all the trusts I powers I discretions I .
immunities, privileges r and all other matters as was its predeces s or I with-
out thp execution or filing of any instrument or any further act I deed or
conveyance on the part of any of the parties hereto I anything herein to the
Section 1106. The Trustee and any succes sor trustee may at any
time resign from the trusts hereby created by giving thirty (30) days' written
n oti c e to the City, and such re s iqnat.ion shall tel;e effect at the end of such
thirty (30) days I or upon the earlier appOintment of a succes s or trustee by the
bondholders or by the City. Such notice may be served personally or sent
case of such vacancy the City by an instrument executed and signed by its
Mayor and attested by its City Clerk under its s ee l , shall appoint a temporary
trustee to fill such vacancy until a successor trustee shall be appoi nte d by
the bondholders in the manner above provided; and any such temporary trustee
so appoi rrted by the City shall imm~diately and without further act be super-
trustee and every such successor trustee shall be a trust company or bank in
good standing, having capital and surplus of not less than $3 1000 1000.
shall execute r acknowledge and deliver to its predecessor and also to the City
trustee s ha deliver all securities I moneys and any other property held by it as
trustee her eund er to its sueees s or . Should any instrument in writ ino from the Cit~_,
be required by any successor trustee for more fully and certainly v e s t in q in such
succes SOI the estates frights f powers and duties hereby vested or intended to be
ve st ed in Lhe predecessor trustee [ any and all such instruments in writing shall, o.:
tton of any trustee and theJnstrument or Instruments removing any trustee and
a ppo int inq a SUCCGssor hereunder. too ether \vith all other instruments prov:decl
e-
lor .
In .).
tm ~" rc 1e
s Art '1'i:l 1;
SD at..,trie expense 01r L1
UG C·1t-Y De
bc IOn:
I
fortl l'Wh. 1l 1Le-:1ano
r'1' > '/ or
recorded by the successor trustee in each recording office where the Indenture
any part of the property herein conveyed, to the extent I if any I that the City
may be Hable for s arne , the Trustee may pay such tax, a s s e s s rnerrt or
amount at any t irne so paid under this Section sh al l be repaid by the City from
the revenues derived from the morto (Jged property upon demand f and S11Cl11
become so muoh add.i.tional indebtedness secured by this Ind cnture , and the;
same shall be given a preference in payment over ony of said bonds fund s h.rl l
(Hi)' such pilymcnt unless it s hu l l hirvc been lcqtlc~:l 10 do so 1)"/ the hol der;;
standing hereunder unci shall hevc been provided w it h ocJcquClte funds the
instruments provjded for in this Indenture me y be 2cceptcd and rcl icd upon by
and shall be full "\.varrant I protection and authority to the Trustee for the rel ons e
the old Tru stee which has resigned or been removed s hul l cea se to be Pe.~7jngAgent I
to the Trustee f _and the City will ca use such ldteme.te Paying Agentto execute and
deliver to the Trustee a n instrument in which such agent s ha l l agree with the
Trustee that it w i ll hold all sums held by it as such agent for the payment of
principal of and interest on the bonds in trust for the benefit of the bondholders f
or for the benefit of the Trustee r as the case may be. Such bank or trust com-
pany shall be in good standing and have capital and surplus of not less than
..
$3 1000 I 000, The Alternate Paying Agent may resign at any time by delivering
written notice to the City and the Trustee or may be removed at any time by the
City delivering written notice to the Alternate Paying Agent and the Trustee.
Upon any such resignation or removal, the Alternate Paying IIgent shall promptly
pay to the Trustee all sums held in trust by it under this Indc nture .
Puying l\gent's fees and cho roe s of the Paying Agent for handling the payment of
the principal of, premium (if any) and interest on the bonds I and Iiinds suffici cnt
to pay the same s ha l I be do po s it cd wi t h the Paying l\gc~nl prior to the dotes or,
upon reciuest of the Trus'r:ee the CHi s ha ll for such purpose jOH1 with the
satisfactory to tbE:! Les s ee under tbe Lease Agreement, so long as thel~e is_ ~o
jointly with the Trustee of a.ll 0:;:- any of the property subject to the lien h ore of ,
co-trustee any property r title f right or power deemed neces s ary or de s ircbl e .
In the event that the City shall not have joined in such appointment within
-- -
fifteen days alter the receipt by it of a request so to do, the Trustee alone
shall have power to make such appointment. Should any deed r conveyance
co-trustee so appointed for more fully and certainly vesting in and confirming
any and all such deeds I conveyances and instruments in writing s hall , on
appointed subject to the .fo l love.ino provi s lon s and conditions, nurne ly:
separate trustee or co-trustee, he, they or it s ha 11be vested w.i th the e s tat c s
as local lavY'makes it necessary for any separate trustee to e ct alone), subj eet
to all the trust~t _c:onditions and_,provi.sj,ons of this Indenture. J"ny such s e pa rate
the Trustee as his I their or its agent or at torney-urr-fa ct w i th full power and
exercise all discretion authorized or pen-flitted by him, them or it, for ano
duties and obligations of said separate trustee or co-trustee shall vest in and
to such s e oarat
, '
e trus te e or co-trustee.
}\1\'1'lCLt xu
SC2.c::.:ljonl?_Ql. The Cjty e nd t11C 'l'rustcc may • from time to time, w.it hout
the a pprova l of eny bondholder [ cnh:[ into such jnclcn"Lurcs c;upplemcnt~ll hereto uS
shall not be incons i stc nt \vith-'t.he tcnn s and provisions hereof (which supplc:rl:cntul
-- rights r rerne dtc s r powers [ authority or security t hat may l(J\\'lully be granted to or
conferred upon rhe bondholders or the Trustee r or (c) to subject to the Hen and
connection with the issuance of additional bonds pursuant to the provi sian s of
Section, and not otherwise I the holders of not less than two-t hirds (2/3) in
aggJ.'egute principal amount of the bonds then outstanding s1-Ja11have the rilJht,
from time to time i anything contained in this Indenture to the contrary notwith-
standing I to consent to and approve the execution by the City and the Trustee of
and desirable ·by the City for the purpose of modifying! alter inc . arne ndinq I
extension of the maturity of the principal of or the interest on any bond issued
hereunder I or (b) a reduction in the principal amount of any bond or the Tate of
interest thereon I or (c) the creation of a lien upon the mortgaged property or a
pledge of the revenues pledged to the bonds other than the lien and pledge
created by this Indenture! or (d) a privilege or prior i of any bond or bonds
over any other bond or bonds, or (e) a reduction in the aggregate principal amount
If at any time th e City shall request the Trustee to enter into any
supplemental indenture for any of the purposes of this Section, t:z Trustee
shall, at the expense of the City I cause notice of the proposed execution
owner at his address on the bond registration book maintained by the Trustee.
Such notice shall briefly set forth the nature of the proposed supplemental
indenture and shall state that copie s thereof are on file at the pri nci pal office
of the Trustee for inspection by bondholders. The Trustee shall not I how-
ever f be subj ect to any liability to any bondholder by rea son of its failure
to publish or mail such notice J and any such failure shall not affect the
provided in this Section. If the holders of not less than two-thirds (2/3)
shall have any right to object to any of the terms and provisions contained
therein r or the operation thereof I or in any manner to que stion the propriety
of the execution thereof I or to enjoin or restrain the Trustee or the City from
executing the same or from ta kinq any action pursuant to the provisions
therewith.
supplemental indenture under thi s Artic Ie XII shall not become effective unless
and until the Lessee under the Lease Agreement shall have consented to the
Trustee shall cause notice of the proposed execution and delivery of any such
Lease Agreement at least fifteen (15) days prior to the proposed date of execu-
tion and delivery of any such suppl ernerite l indenture. The Lessee under the
Lease Agreement shall be deemed to have consented to the execution and delivery
an authorized officer of the Lessee: under the Lease Agreement expressing said
consent within thirty (30) days after the mailing of notice and a copy of the pro-
the Trustee does not receive a letter signed by an authorized officer on or be-
Section 1301. The Trustee may from time to time, and at any time, but
not prior to thirty (30) days after publication of the notice provided for in Section
Agreement or of the Ne'N Project I Guaranty Agreement for the purpose of curfnc
any ambiguity or formal defect or omission or making any other change in either
prejudice of the Trustee or the holders of the bonds. The Trustee shall not
or of the New Project I Guaranty Agreement without the prior approval or consent
of the holders of not less than two-thirds (2/3) in aggregate principal amount
Section 1302. If at any time the City or Lessee under the Lease
Agreement or Guarantor under the New Proj ect I Guaranty Agreement shall
tion requiring bondholder approval under Section 1301, the Trustee shall, at
the expense of the reque sting party I cause notice of such proposed amendment,
circulation published in the City of Little Rock r Arkansas. Also a copy of the
notice shall be mailed by first class mail to each registered owner at his
address on the bond registration book maintained by the Trustee. Such notice
shall briefly set forth the nature of such proposed amendment I change or
modification and shall state that copies of the instrument embodying the same
are on file in the principal office of the Trustee for inspection by any interested
bondholder. The Trustee shall not I however: be subject to any liability to any
bondholder by reason of its failure to publish or mail such notice I and any such
failure shall not affect the validity of such amendment: change or modification
MIS C]=J,1,71)'0];OlJ S
-----------~---.---
SecU eli'] ]!J 0] . i\ny request f cJirection I objection or other instrument rcqu iro « by
- -, -
this Indenture to be signed and executed by the bondholdor s may be i n Clny number of
in person or by agent a ppoi nte d in writ i nq . 1'1'09£ of the execution of any such request,
direction r objectio!i, or other i ns trumcnt or of the wr it inq appointing aJ1Y such Clgent Clnc:
of the ownership of bonds ( if made in the fol.Iow i nq manner, s he l l be suffj.cient for an:/
of the purposes of this Indenture I and shall be conclusive in favor of the Trustee '.'lith
regard to any action taken by it under such re que st or other instrument r namely:
(a) The fact and date of the execution by any person of any such wr it inc may b2:
proved by tIle certificate of any offi cer in any jurfs dl ct ion who by Iaw has power (0 tuk o
e ck nowle dqmo nts within such jurisdiction that the person Signing such writing ack now-
ledged before him the exe cut.i on t hor e of I or by an affidavH of any wi tne s s to such
execution.
(b) The fact of holding by any person of bonds and/or coupons transferable by
delivery and the amounts and numbers of such bonds I and the date of the holcjing of the
same, may be proved by ? certifi cate executed by any trust company I bank or bunkers I
wherever situated I stating that at the date thereof the party named therein did exhibit
to an officer of such trust company or bank or to such banker, as the property of such
. party I the bonds and/or coupons therein mentioned if such certificate shall be deemed
by the Trustee to be satisfactory. The Trustee may r in its eliscretion .rcquire evid.ence
that such bonds have been deposited with a bank. r bankers or trust company r before
For all purposes of the Indenture and of the proceec1ings for the enforcement
thereof I such person s hall be deemed to continue to be the holder of .s uch bond until the
person or company ot h or tho n the part io s hereto, and the holders of the bonds
and p~-ovlsion-s-hcreof being int'ended to be and being for the sole cxc Ius ive bene-
fit of the parties hereto and the holclers of the bonds and coupons herGby secured
in all cases because it c onfl ic ts with any prov is ions or any oons t Itut ion or statute
. -
or [1..118 of publ ic pol icy , or for any other reason, such circumstances shall not
sions herein conta ined invalid.! _inoperative or unenforc'eabl e to any exte nt- whatever,
paragraphs in this Indenture conta ined shall not affect the rerna iruno portions
cornpl a int , demand or other paper on the City if the same shall be duly mailed to
such address as the City may from time to t im c f ile with the Trustee.
executed in the Ste te of j·ukansas and it is the intention of the parties that the
STATE OF ARKI\NSl\S )
)
COUNT:{ OF B]~XTER )
Notary Public I duly commiss ioned, qualified and acting, with in and for the
State of Ark.ansas I to me personally known ( who stated that they were duly
ment for and in the name of the municipality ( and further stated and acknow-
ledged that they had signed I executed and delivered the foregoing instrument
for the consideration, uses and purposes therein mentioned and set forth .
Notary Public
My commission expires:
(SEAL)
ACKNOVvLEDGMENT
STATEOF TENNESSEE
COUNTY OF
Public duly commissioned, qualified and acting within and for the State and
and and
to me personally well k nown , who stated that they vv-ere duly authorized in their
respective capacities to execute the foregoing instrument for and in the name and
behalf of the Ba nk , and further stated and acknowledged that they had so signed,
executed and delivered the foregoing instrument for the consideration, uses and
Notary Public
My commission expires:
(SEAL)
EXHIBIT A
Section 3: That the Mayor and City Clerk { for and on behalf of the
City ( be! and they are hereby, authorized and directed to do any and all things
neces s ary to effect the execution of the Trust Ind.enture I its execution and
acceptance by the Trustee f the performance of all obligations of the City under
and pursuant to the Trust Indenture, the execution and delivery of the bonds r
and the performance of all other acts of whatever nature neces sary to effect and
carry out the authority conferred by this Ordinance and by the Trust Indenture.
That the Mayor and the City Clerk be, and they are hereby, further authorized
and directed I for and on behalf of the City r to execute all papers, documents I
certificates and other instruments that may be required for the carrying out of
Section 4. That since the City is here involved with the constructing
and specialized types of machinery and equipment, it has been and is hereby
determined by the City Council that competitive bidding be, and the same are
the City Council purs uant to applicable laws of the State of Arkansas, including
Section 5. That the Mayor and City Clerk for and on behalf of the City f
be and they are hereby, authorized and directed to take all action, and execute
Section 103 (c) (6) (D) of the Internal Revenue Code of 1954 to the end of insuring
to be s everab le , and if any section, phrase or provision shall for any reason be
declared to be severable; and if any section, phrase or provision for any reason
be declared to be invalid I such declaration shall not affect the validity of the
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
other action authorized herein are immediately necessary in connection with the
exists and this Ordinance being necessary for the immediate preservation of
the public health, safety and welfare shall be in force and take effect immediately
APPROVED:
ATTEST:
/
Mayor
(SEAL)
CERTIFICATE
hereby certifie s that the foregoing page s are a true and compared copy of an
Home, Arkansa s . held at the regular meeting place of the Council in the City
at 3=-0"-- __
-"-7-=-: 0' clock _-JP~. m < on the 28th day of _-=F:-.-e.::...b_ru--,-,-a_r,,-Y_
1972,
f
(SEAL)
ORDINANCE NO. 294
said property be annexed to the City of Mountain Home, Arkansas for the purpose
WHEREAS, after due notice as required by law, the City Council of the City
of Mountain Home, Arkansas, has heard all persons desiring to be heard and has
ascertained that said Petition was signed by persons owning the majority in
Mountain Home, Arkansas, and after a hearing in said Court an order was taken
on January 18, 1972, in which it was determined that due Notice of Hearing on
such Petition was published as required and that the Petition was in proper
order,
Home, Arkansas:
There is hereby annexed to and made a part of the City of Mountain Home,
City Clerk / /
ORDINANCE NO 295_
WHEREAS, after due notice as required by law, the City Council of the
City of Mountain Home, Arkansas, has heard all persons desiring to be heard,
and has ascertained that said petition was signed by persons owning a majority
territory, to-wit:
to the water system as same now exists to serve the property within the
No.3 of Mountain Home may deem to be for the best interest of the District,
and that the cost thereof be assessed and charged upon the real property
as same now exists to serve the property within the boundaries herein above
this Ordinance being necessary for the preservation of the public health
ORDINANCE NO. ?Q5 Continued
and safety of the people of Mountain Home, this Ordinance shall be in full
force and effect from and after its passage and publication.
ATTEST:
ORDINANCE NO. 296
SECTION 1.
SECTION 2.
SECTION 3.
SECTION 4.
SECTION 5.
hearing was held; that all remonstrances were heard, af±er which the
be rezoned.
ARKANSAS:
Mayor ';
I
!
ATTEST:
ORDINANCE NO. 298
Revenue Bonds of the City under Act No.9 of the First Extraordinary Session
amount of not to exceed $5,000,000 and provided for the immediate execution
this time and the Series A Bonds should be decreased to that principal
amount;
provide that the principal amount of the Series A Bonds shall be $2,800,000
rather than $3,300,000 at all places in Ordinance No. 293 where reference
in the last Whereas clause, the reference in Section 2, and all references in
otherwise benefit the public health, safety and welfare of the City and its
inhabitants, and the issuance of the bonds and the taking of the other action
authorized by Ordinance
No. 293, as amended hereby, are immediately necessary for the accomplis~~ent
and this Ordinance being necessary for the immediate preservation of the public
health, safety and welfare shall be in force and take effect im~ediately
PASSED:_...:2:;.:7...:t:;.:.;h~M;;;.;ar=-c::;.:h;.:.....::l::..::9:..:.7..:::2,--
_
ATTEST:
Cit1 Clerk /
(s eAL)
ORDINANCE NO. 299
IViayo
/
ATTEST:
City Clerk (
ORDINANCE NO. 300
on subject property in accordance with Ordinance No. 283; that a public hear-
ing was held; that all remonstrances were heard, after which the Planning
HOME, ARKANSAS:
ATTEST:
ORDINANCE NO. 301
-==-----
SECTION 4. If, for any reason any portion of this ordinance be held
to be invalid, such invalidity shall in no wise affect the remaining
portions thereof which are valid, but such valid portions shall be and
remain in full force and effect.
Attest:
(
ORDINANCE NO. 302
Arkansas:
owning, keeping or harboring any dog or cat in the said City to register the
same with the Clerk, and pay a license fee as provided herein.
Section 2. The annual license fee shall be Two Dollars ( $2.00) for
each dog or cat. Said fee shall be paid and said license obtained for each
dog or cat in the City within 90 days from the passage and publication
of this Ordinance. Hereinafter, this fee shall be paid on the first day
of May of each year, and within one week of acquiring such dog or cat
when such dog or cat is acquired after May 1 of any license year, no license
said Clerk.
Section 3. The p~rson paying such fee shall receive a metal license
The Clerk shall maintain a list of all such licensing, in appropriate form,
.J
which shall include the information on the metal tag, the name and address
of the owner of the animal and the date of the vaccination of the said
animal. Every such animal in the City shall be equipped with a collar and
the tag for said animal shall be fastened to said collar at all ~.
~lmes.
Any dog or cat which dose not have such a tag while at large in the
large in the community, on premises other than the premises of the owner,
keeper thereof shall immediately notify the City Clerk. The N~¥or, Clerk
or City Health Officer shall order the animal held upon the owners
animal shall be examined immediately after it has bitten anyone and again
ORDINANCE NO. 302 CONTINUED
at the end of the two week period. If at the end of two weeks a
be released from quarrantine 'or from the pound as the case may be. If
the animal dies in the meantime, its head shall be sent to the State
Five Hundred Dollars ( $500.00). Dogs or cats which are running at large
given to the owner, where known, upon such impounding by the dog catcher.
impounded animal shall pay a fee of Five Dollars ($5.00) plus One Dollar
($1.00 per day storage charges incurred for the storage of said animal.
If said animal has no evidence upon him of vaccination, the said owner,
prior to redemption, in addition to the fees set out herein, show proof of
services shall be at a rate mutually agreed to by the ~Eyor and the person
Section 9. It shall be the duty of the dog catcher and the police
Ordinance.
a misdemeanor, and upon conviction a fine of not less than five nor
Section 12. The City Council of The City of Mantanin Home, Arkansas,
has determined that bands of dogs are roaming on the public streets and
rabies from unvaccinated dogs and cats in the City of Nbuntain Home,
protect the health and safety of the citizens of the City of Mountain
Home, Arkansas, this Ordinance shall have full force and effect from:
ATTEST:
/ 7
CITY CLERK
ORDINANCE NO. 303
hearing was held; that all remonstrances were heard, after which the
be rezoned.
APPROVED:
g/d!
w. W. Dickerson
ATTEST:
Ci ty Clerk /
RESOLUTION NO. 304
thereunder shall require that the Urban Renewal Plan for the respective
approved by the Governing Body of the locality in which the area is situated
and that such approval include findings by the Governing Body that: (1) the
(2) the Urban Renewal Plan will afford maximum opportunity, consistent
with the sound needs of the locality as a whole, for the rehabilitation
Urban Renewal Plan conforms to a General Plan for the development of the
locality as a whole; and (4) the Urban Renewal Plan gives due con-
WHEREAS it is desirable and .in the public interest that the Urban
Renewal Agency of the City, of Mountain Home, Arkansas (herein called the
"Local Public Agency"O undertake and carry out the Neighborhood Development
NDP Urban Renewal Area" and encompassing the area or areas in the City of
WHEREAS the Local Public Agency has applied for financial assistance
under such Act and proposes to enter into a contract or contracts with the
Department of Housing and Urban Development for the undertaking of, and
WHEREAS the Local Public Agency has made studies of the location,
areas comprising the Program and has determined that the area is a slum,
blighted, deteriorating or deteriorated area and that it is detrimental
and a menace to the safety, health, and welfare of the inhabitants and
have been fully apprised by the Local Public Agency and are aware of
of the Locality (herein called the "Governing Body") for review and
approval and Urban Renewal Plan for the urban renewal area, dated
April 10, 1972, and consisting of eight (8) nembered pages and one (1)
WHEREAS the Urban Renewal Plan has been approved by the Governing
Body of the Local Public Agency, as evidence by the copy of said Body's
WHEREAS a General Plan has been prepared and is recognized and used
the conditions prevailing in the urban renewal area and of the availability
families that may be displaced by the Program and, in the light of such
action respecting the Urban Renewal Plan for the Program, in conformity
with the contract for financial assistance between the Local Public Agency
and the United States of Fmerica, acting by and through the Secretary of
are imposed in the undertaking and carrying out of urban renewal activities
Act 189 of 1957, as amended by Section 1 of Act 119 of 1959 of the Acts of
2. That the Urban Renewal Plan for the Program, having been duly
reviewed and considered, is hereby approved, and the City Clerk be and
is hereby directed to file said copy of the Urban Renewal Plan with
Plan for the Program conforms to the General Plan of the Locality.
taken in accordance with the Urban Renewal Plan for the area comprising
the Program.
Plan for the urban renewal area comprising the Program will afford maximum
Plan for the urban renewal area gives due consideration to the provision
desirable for the health, safety, and welfare of children residing in the
S. That it is hereby found and determined that the Program for the
the Urban Renewal Plan in decent, safe, and sanitary dwellings in con-
formity with acceptable standards is feasible and can be reasonably and timely
effected ":0 permit the proper prosecution and completion of the Plan; and
less desirable in regard to public utili ties and public and conmer-c La I
in the area comprising the Program, are available at rents or prices within
the financial means of the displaced individuals and families, and are
of the Urban Renewal Plan hereby approved, it is found and determined that
certain official action must be taken by this Body with reference, among
alleys, and other public ways, the establishment of new street patterns,
the location and relocation of sewer and water mains and other public
facilities, and other public action, and, accordingly, this body hereby
fa) pledges its cooperation in helping to carry out the Urban Renewal Plan,
functions and powers in a manner consistent with the Urban Renewal Plan,
and (c) stands ready to consider and to take appropriate action upon
the area comprising the Program to be reviewed in accordance with the Urban
Renewal Plan for the Program, and, accordingly, the proposed Program and
the annual increment are approved and the Local Public Agency is
Housing and Urban Development that the City of Mountain Home will comply
with the requirements of Section 105 (h) of the Housing Act of 1949,
activities in the NDP Urban Renewal Fxea which are occupied by low- and
Mayor
EXHIBIT I
BOUNDARY DESCRIPTION
MOUNTAIN HOME NDP URBAN RENEWAL AREA
APRIL 10, 1972
Thence west along the south right-of-way line of east Ninth Street
to a point of intersection with the east right-of-way line of College
Street;
Thence south along the east right-of-way line of said unnamed street
and said unnamed street extended, to a point of intersection with the
Present Corporate Limits line;
Thence north along the east right-of -way line of North \Nalnut
Street 100' to a point on the west right-of-way line of Pigeon Creek
Road;
Thence south from said point along the east right-of-way line
of Foster Street to a point of intersection vvi th the north right-of-way
line of East Seventh Street;
(1) That he is the duly qualified and acting City Clerk of the
City of Mountain Home, Arkan sas , herein called the "Locali ty" and
the City Council of the City of Mountain Home herein called the
"Governing Body";
Body held on the 8th day of May, 1972, and duly recorded in his office;
(3) That said meeting was duly convened and held in all respects
in accordance with law and to the extent required by law, due and
proper notice of such meeting was given; that a legal quorum was
members of the Governing Body voted in the proper manner and for
otherwise observed;
affixed below, the Locality dose not have and is not legally required
tificate.
(SEAL)
t/ (
ORDINANCE NO. 305
Mountain Home,Arkansas:
of the City of Mountain Home, Arkansas, has heard all persons desiring
to be heard and has ascertained that said Petition was signed by persons
to Commercial C-2.
/ City Clerk
ORDINAl\JCENO. 306
ENACTED THE 8th day of May, 1972, AND DECLARED EFFECTIVE FROM PND
PETER ITS PASSAGE.
APPROVED:
'
!vlayor //
if
lHTEST:
City Cl~rk
'N ORDINft~CE PROVIDING FOR THE REGULATION OF THE SUBDIVISION
o PROPERTY WITHIN THE CITY OF NDUNTAIN HOME, ARKANSAS, AND
W THIN A FIVE MILE RADIUS OF THE BOUNDS THEREOF, REPEALING
OR NA~CES IN CONFLICT THEREWITH; AND FOR OTHER PURPOSES.
ORDA ~ED BY THE CITY COUNCIL OF THE CITY OF MOUNTAIN HOME, A&~PNSAS:
City of Mountain H me, Arkansas, and within a radius of five miles of the
west Economical Devel ment Departme~ Inc. for the City of Mountain Home
dated November 1971, of w,ich not less than three copies have been filed
in the office of the City 1erk of the City of Mountain Home, Arkansas,
and the same is hereby adopt d and incorporated as fully as though set
out at length herein, ward for word, and from the date on which this
in all ma tters regu La ted thereby "i thin the corporate limits of the Ci ty of
Mountain Home, Arkansas, and within five miles of the bounds thereof.
hereby repealed.
Arkansas, and within five mi1esof the bounds thereof are 'fadequate;
and that the preservation of the health and safety of the ~ty, and the
Council determines that an emergency exists and that this or~nance shall
have full force and effect from and after i~., ~~7l/~
.. ap?~aL",
City Clerk
~. ~~L<l1
I
ORDINANCE NO.
authorized by Act No. 468 of the Acts of Arkansas of 1949, as amended ("Act
No. 468 "), ha s , by Ordinance No. 299, pa s sed and approved March 27, 1972
("Ordinance No. 299 "), created the Mounta in Home Mun ic ipa l Parking Autho-
City Council a master plan of autornob i.Ie parking facilities in the City; and
WHEREAS, the Parting Authority and the City Couric ll have determ ined
and street improvements to provide the inhabitants of the City and visitors with
adequate street and parking fac ll it te s to insure their safety and welfare; and
WHEREAS, the Ci ty does not have the necessary funds for the con-
struct io n of the street improvements and the off-street parking fac ll it ie s , but
BOJ1jJ?_
~-
(the "bonds") under the provisions of Act No. 317 of the Acts of Arkan-
ments and acquiring sites and rights-of-way for and constructing off-street
parking facilities, paying necessary expenses incidental thereto, mak ln.j any
needed provision for interest on the bonds during and after construction, funding
a debt service reserve and paying the expenses of issuing the bonds (the "Street
WHEREAS, the Parking Authority and the City have made arrangements
for the sale of the bonds to Peoples Bank & Trust Company and First Nat io nal
Bank & Trust Co. of Mounta in Home, both of Mounta in Home, Arkan sa s (the
"purcha sers "), at a price of par and accrued intere st for bonds bearing intere st
a cqui s it ion of land, execution of contracts and the taking of all other action
Section 2. That the bonds are hereby sold to the purcha sers at a prtc e
of par and accrued interest for bonds bearing interest at the rate of 5% per annum.
Section 3. That under the authority of the Constitution and laws of the
State of Arkansas, including particularly Act No. 317, municipal street and park-
ing revenue bonds are hereby authorized and ordered issued in the principal
amount of $450,000 for the purpose of financing the cost of the Street and Parking
bonds authorized by thi s Section 3 and not to the temporary bonds authorized
by Sectlon 5 (b) . The bonds shall be dated Au~ust I, 1972, shall be in the denomi-
nation of $1, 000 each r shall be numbered from 1 to 450, inclusive, and shall _
bear interest at the rate o'f 5% per annum. Interest shall be payable semiannually
of principal and payment of Int ere st , when evidenced by coupons I shall be made
on presentation of the bond or proper coupon at the principal office of the Paying
or draft mailed to the registered owner at the address shown on the bond registra-
tion book of the City maintain by the Paying Agent. The bonds shall be negotiable
to principal and Intere st , and shall mature on August 1 in each of the years 1973
the Mayor and Clty Clerk and shall have impressed thereon the seal of the City.
The bonds may be executed by the fac s lrn iIe signature of the Mayor and the interest
coupons attached to the bonds shall be executed by the facsimlle signature of the
Mayor, with the facsimlle signature of the Mayor to have the same force and effect
as if personally signed by him. The bonds must be executed by the manual signa-
ture of the Cl ty Clerk. The bonds, together with interest thereon, shall be
payable solely out of the 1972 Municipal Street and Parking Revenue Bond Fund
(the "Bond Fund") as hereinafter set forth , and shall be a valid claim of the
holders thereof only against the Bond Fund and the revenues pledged to the Bond
Fund, which revenues are hereby pledged and mortgaged for the equal and ratable
payment of the bonds and interest coupons and shall be used for no other purpose
than to pay the principal of and interest on the bonds. The bonds and interest
thereon shall not constitute an indebtedness of the City within any constitutional
or statutory ltmttetton .
sub stanttal ly the following form and the Mayor and City Clerk are hereby
expressly authorized and directed to make all recitals conte lned therein:
UNITED STATESOF AMERICA
STATE OF ARKANSAS
COUNTY OF BAXTER
CITY OF MOUNTAIN HOME
5% MUNICIPAL STREETAND PARKINGREVENUE BOND
No. _
Arkansa s ("C ltv"}, acknowledge s itself to owe, and for value received, hereby
hereof I solely from the special fund provided a s hereinafter set forth I the principal
sum of
in lawful money of the United States of America on the first day of August,
19_ 1 and to pay solely from the special fund interest hereon at the rate of
five per cent (5%) per annum from date I semiannually on February 1 and August 1
of the bond or appropriate coupon at the principal office of Flr st National Bank
& Trust Co. of Mountain Hamel Mountain Home, Arkansas {the "Paying Agent").
to the registered owner at his address shown on the bond registration book
This bond is one of an issue of four hundred fifty (450) bonds aggre-
gating Four Hundred Flfty Thousand Dollars ($450,000) I dated August 11 1972 I
all of like tenor and effect I except a s to number, maturity and right of prior
redemption (the "bonds "), issued for the purpose of financing the cost of
street improvements and off-street parking facllitie s (" Street and Parking Proj ect ")
in the City I paying necessary expenses incidental thereto I making any needed
provision for interest on the bonds during and after construction I funding a debt
The bonds are issued pursuant to and in full compliance with the Con-
st itut lori and laws of the State of Arkansas, including particularly Act No. 317
bonds are not general obligations of the City but are special obligations payable
solely from and secured by a pledge of (1) net revenues derived from the operation
of the parking facilities acquired and constructed from the proceeds of the bonds
and (2) that amount of net revenues derived from parking meters throughout the
~ ---'
City neces sary , together with net revenues derived from the operation of the
------------
parking-~-f§cJUties
,----- -- ,,-" ..
constructed from the proceeds of the bonds, to insure the
prompt payment of the principal of and interest on the bonds, all a s specified
to maintain rates and charges for the use of the off-street parking facilities
which shall be sufficient at all times, together with other ava ilable revenues,
to at least provide for the operation and maintenance expenses of the off-street
parking facilities, to provide for the prompt payment of the principal of and
interest on the bonds as the same become due, to make the required deposit
into theDeprectat ion Fund and to maintain the debt service reserve at the
are
---._-,
...
Qutstanding.
- --"
_-,,----_. -.... .. •.. ;:;:::::::-- .. -~:::-~--
A sufficient amount of the pledged revenues to provide for
the prompt payment of the principal of and interest on the bonds is to be duly
set aside in a special fund designated "1972 Municipal Street and Parking
Revenue Bond Fund" created by the Authoriz inq Ord inance. Reference is hereby
made to the Authorizing Ordinance for a deta lled statement of the nature and
extent of the security and of the rights a nd obligations of the C ity , the Tru stee
Ordinance, or from the proceeds of the bonds not needed for accomplLsh ing
the Street and Parking Proj ect, on any intere st paying date; from funds from
any source on any interest paying date on and after August I, 1977. Notice
owner at his registered address and placed in the mails not less than fifteen
(15) days prior to the redemption date. In the event that all of the bonds are
redemption need not be given. Each notice shall specify the numbers and
maturities of the bonds be ing redeemed. After the date fixed for redemption,
each bond called for redemption shall cea se to bear interest, provided funds
for its payment are on deposit with the Paying Agent at that time.
interest and may be discharged from such registration Irithe manner, with the
effect and subject to the terms and conditions endorsed hereon. Subject to
this bond and this bond shall be deemed a negotiable instrument under the law
of the State of Arkansas and is issued with the intent that the laws of the State
the Certificate hereon duly signed by Peoples Bank & Trust Company, Mountain
Hans and things required to exist, happen and be performed precedent to and in
the issuance of the bonds have existed, have happened and have been performed
in due time, form and manner a s required by law; that the indebtedne s s repre-
sented by the bonds does not exceed any con st ltut lona l or statutory l lmltat ion:
and that sufficient revenues have been pledged to and will be set aside into the
special fund provided in the Authorizing Ordinance for the purpose of paying the
City Counc l.l has caused this bond to be signed by the facsimile signature of
the Mayor and by the manual signature of the City Clerk, and to be sealed with
the seal of the Cj.ty , and has caused the coupons hereto attached to be signed
by the facsimile signature of the Mayor, all as of the first day of August, 1972.
By (Facsimile signature)
~ Mayor
City Clerk
(SEAL)
Page 8
(Form of Coupon)
No. $ _
February,
On the first day of August, 19_, the C tty of Mounta in Home,
Baxter County, Arkansa s , unless the bond to which thl s coupon is attached
______________ DOLLARS
First National Bank & Trust Co. of Mountain Home, Mountain Home, Arkansas,
being six (6) months' interest then due on its Municipal Street and Parking
CERTIFICATE
sa s , described herein aggregating $450,000, all of like tenor and effect, except
By _
Authorized Signature
Page 9
of the City, maintained by the Paying Agent as Bond Registrar, upon presentation
hereof to the Bond Registrar, which shall make mention of such registration in
the registration blank below, and this bond may thereafter be transferred only
such transfer to be made on such book and endorsed hereon by the Bond Registrar.
be restored, but this bond shall again be subject to successive registrations and
to bearer I shall be payable only to or upon the order of the registered owner or
his legal representative. Interest accruing on this bond will be paid only on
the appurtenant interest coupons shall remain payable to bearer and- shall continue
or at any time thereafter while this bond is registered in the name of the owner,
. '
endorsed hereon by the Bond Registrar and thereafter interest evidenced by such
surrendered coupons will be paid by check or draft at 'the times :provided herein to
the registered owner of this bond by mail to the address shown on the registration
book. This bond when so converted into a bond registered as to both principal and
interest may be reconverted into a coupon bond at the wr itt en request of the regis-
tered owner and upon presentation at the office of said Bond Registrar. Upon such
Page 10
the date of maturity will again be attached to this bond and a statement will be
endorsed hereon by the Bond Registrar in the registration blank below whether
, '-0 ·
; . -. . ..,· .-, . . . , • ,eo · . , . .
,.
·
.e. " ..•.•.. • ,
· r r>:: , • • • • ,
(b) Pending the preparation and dellvery of the permanent and d ef lnit lve
bonds here inabove authorized { temporary bonds in the aggregate principal amount
of not to exceed $350 {OOOmay be issued for the purpose of providing funds
immediately needed for the Street and Parking Project and in anticipation of the
issuance of such permanent and def in it lv e bonds. The temporary bonds shall
be in such denomination a s the Mayor and City Clerk shall determine f be dated
the date of delivery f bear interest at the rate of 5% per annum and be payable
bonds f the temporary bonds f to the extent then outstanding f with accrued
and def in it ive bonds and shall be canceled. The temporary bonds shall be
typewritten and shall be in substantially the following form and the Mayor and
City Clerk are hereby expressly authorized and directed to make all recitals
contained therein:
Page 12
No. _ $_-
That the City of Mountain Horne , Baxter County, Arkansas (the "City")
acknowledges itself to owe, and for value received, hereby promises to pay to
at its office in the City of Mountain Home, Arkanse s , or assigns, the principal
sum of
_____________ DOLLARS ($ .
on December 31, 1972, plus interest hereon from the date hereof at the rate of
cipal amount of not to exceed $350, 000 issued for the purpose of providing funds
parking facilities in the City ("Street and Parking Project") and in anticipation
of the issuance of permanent and definitive bonds to finance the Street and
Parking Project, pay necessary expenses ine iderita l thereto, make any needed
prov is ion for intere st on the permanent and definitive bonds during and after
construction, fund a debt service reserve and pay the expenses of issuing
the permanent and definitive bonds. The temporary bonds and the permanent
and definitive bonds are issued under the authority of Ordinance No. of
"Authorizing Ordinance "). The temporary bonds are not general obligations of
the City but are special obligations payable from the pledged revenue s , as
Page 13
the permanent and definitive bonds. The Ci ty covenants and agrees that
on or before the maturity date hereof, th l s and other such temporary bonds,
to the extent then outstandlng, with accrued interest, shall be exchanged for,
or paid from the proceeds of, such permanent and definitive bonds.
This bond may be redeemed at any time prior to maturity, from funds
from any source, at a price of par and accrued .lritere st to date of redemption
upon ten (10) days prior written notice by first class mail to the owner hereof.
This bond shall not be valid until it shall ha ve been a uthentica ted
by the Certificate hereon duly signed by Peoples Bank & Trust Cornpany ,
the issuance of this bond do exlst,' have happened and have been performed in
caused th is bond to be signed by the Mayor and City Clerk and sealed with the
By _
Mayor
City Clerk
(SEAL)
(On each bond shall appear the following:)
CERTIFICATE
By _
Authorized Signature
Page 14
Section 6. That the City covenants and agrees that it will at all times
while any of the bonds are outstanding operate the off-street parking fac il it le s
as a revenue producing undertaking and that it will fix and collect rates and
charges for the use of the off-street parking facilities, including the increasing
of the same from time to time as necessary, which will produce revenues at
least sufficient, together with other available revenues, to make the required
depo sits into the Operation and Ma intenance Fund, the Bond Fund (including
any deposits necessary to maintain the debt service reserve at the required
level) and the Depreciatlon Fund in accordance with the subsequent provisions
of this Ordinance.
The City also covenants and agrees that it will at all times while
-
any of the bonds are outstanding operate
.. ..
its parklD-9_melers a s a revenue
-~'~"---"~'~-~"--~'-'--'~'-".--,,~---.---
producing undertakIng.
Section 7. That all moneys received from the operation of the off-
street parking facilities shall be deposited (in accordance with the subsequent
lawfully designated from time to time by the City CouncU, provided that such
particular fund to whch the revenues be lonq > Any deposit in any fund in excess
States of America.
Section 8. Street and Parking Proj ect Fund. All revenue s derived from
fund, which is hereby created and designated "Street and Parking Project Fund."
The revenues in the Street and Parking Proj ect Fund are hereby pledged ..s nd shall
There shall be pa id from the Street and Parking Project Fund into a fund which is
hereby created and des ignated "Street and Parking Proj ect Operation and Main-
tenance Fund" (the "Operation and Ivlaintenance Fund") on the first business
day of each month the amount necessary for the operat iori and maintenance of
the off+s tre et parking facilities for that month. Moneys in the operation and
maintenance fund shall be used to pay the monthly expens es of operation I repair
and maintenance of the off-street parking facllitles. Fixed annual charges such
a s insurance premiums and the cost of major repa ir and rnaintenance expenses
may be computed and set up or: an annual ba s is I and one-twelfth (1/12) of the
amount thereof may be pa id into the Operatlon and Ma intenance Fund each
month.
If in any month for anyreason there shall be a deficiency in the
amount deposited into the Operation and Maintenance Fund I the amount of such
paid into said Fund in the next succeeding month. If in any fiscal year a surplus
excess of the cost of maintaining and operating the parking facilities during the
next twelve (12) months I any such excess shall be transferred to the Bond Fund;
provided I however I that any such transfer into the Bond Fund shall be in addition
Section 10. 1972 Street and Parking Project Revenue Bond Fund.
(a) Mter making the required deposit in the Operation and Maintenance Fund I
there shall be deposited from the Street and Parking Project Fund into a special
fund which is hereby created and designated "1972 Street and Parking Project
Revenue Bond Fund" (the "Bond Fund "L the sums in the amount and at the times
hereinafter stated in Subsection (b) for the purpose of providing funds for the
payment of the principal of and interest on the bond s and the tru stee' sand
paying agent's fees I a s they become due in accordance with the following
schedule:
Page 16
INTEREST
YEAR BOND NOS. PRINCIPAL FEBRUARY 1 AUGUST 1 TOTAL
(b) There shall be pe id from the Street and Parking Project Fund into the
Bond Fund on the first business day of each month until all outstanding bonds,
principal and interest, have been paid, or adequate provision made for such
payment, a sum equal to one-sixth of the next installment of interest and one-
amount sufficient to provide for the trustee's and paying agent's fees as the same
during construction of the off-street parking facilities may be withheld from the
proceeds of the bonds and that the required monthly deposits hereunder shall be
so made as to coincide with any such amount withheld with the end result of there
being on hand in the Bond Fund an amount sufficient to provide for the prompt pay-
ment of the Inter e st on the bonds a s the same become due. Payments for
trustee's and paying agent's fees shall be made from t ime to time prior to the time
(c) If for any reason the revenues in the Street and Parking Project
Fund shall at any time be insufficient to make the required payment on the first
business day of the following month into the Bond Fund I the amount of such
Fund in the amount of $20, 000. The debt service reserve is being in lt ia l ly funded-
out of the proceeds of the sale of the bonds I but if there are any expenditures
~------------=---->-
therefrom I in accordance with the provisions hereof. th..e.::.--':--.c--
-__s_:_ervicereserve
brought back to the required level as soon' a's possible from moneys
in the Street and Parking Proj ect Fund over and above the amounts required
for the deposits into the Operation and Mainte?ance Fund and the Bond Fund.
Expenditures shall be made from the debt service reserve only for tb~PllrPQ~e
- .. '.
.~-:
" .00."
.. ::
0,
~- :
Page 18
(e) When moneys in the Bond Fund, including the debt service
reserve, shall be and remain sufficient to pay the principal of and interest on
all bonds then outstanding and trustee's and. paying agent's fees, there shall
(f) All moneys in the Dond Fund shall be used solely for the
purpose of paying the principal of and interest on the bonds and Paying
Agent's fe88 as the same become due except that if at any time there shall
to In sure the prompt payment of the principal of , interest on and trustee's and
payinc agent's fees in connection with the bonds as the same become due and
payable and to maintain the debt service reserve at the required level, such
surplus may be used, as the City shall determine, to redeem bonds prior to
maturity in the manner provided herein for redemption prior to maturity or may be
(g) There shall be withdrawn from the Bond Fund at least five (5)
days before the maturity date of any bond or interest coupon issued hereunder
and deposited with the Paying Agent an amount equal to the amount of such bond
or coupon for the sale purpose of paying the same, together with the trustee's
and paying agent's' fees, and no withdrawals of fund s from the Bond Fund shall
be made for any other purpo se except in the C'a se of an accumulated surplus
which may be used as aforesaid. All deposits shall be at the sale risk of the
City and shall not operate as 'a payment of bonds or coupons until so applied.
revenues required by this Ordinance to be placed into the Bond Fund. The
terms of this Ordinance, and the City, the Parking Authority and the officers
and employees of the City and the Parking Authority shall execute, perform and
carry out the terms thereof in strict conformity with the provisions of this
Ordinance.
.. ,"..
.",:.--
', -" .. ...•..~.
"-. --.
Page 19
making the required payments into the Operation and Iv1aintenance Fund and the
Bond Fund, there shall be paid from the Street and Parking Project Fund into a
fund which is hereby created and designated "Steet and Parking Project De-
preciation Fund" (the" Depreciation Fund"), on the first business day of the
month immediately following the month in which the off-street parking facilities
become revenue producing and continuing on the first business day of each month
thereafter while any of the bonds are outstanding, 3% of the revenues derived
from the operation of the off-street parking facilities. The moneys in the De-
preciation Fund shall be used solely for the purpose of paying the cost of re-
except if at any time the amount of moneys on deposit in the Bond Fund shall be
insufficient to pay the principal of and interest on the bonds as the same become
due I moneys in the Depreciation Fund shall be used to the extent neces sary to
Depreciation Fund over and above the amount necessary to defray the cost
of the probable replacements during the next twelve (12) months 1 such surplus
may be transferred and paid into the Bond Fund: provided I however I that such
payments into the Bond Fund shall be in addition to all other payments here-
Section 12. Any surplus in the Street and Parking Proj ect Fund after
making all required deposits into the other Funds (as specified in Sections 9 r
10 and 11 hereof) may be used I at the option of the City r for the redemption.
Section 13. That the City hereby expressly pledges r and covenants
to use net parking meter revenues to the extent, and only to the exterit , that
I
--------------~-~"--~---"-- -- -"--""
such revenues may be required, together with revenues derived from the off-
street parking facilities r to make all required deposits under this Ordinance
into the Bond Fund in accordance with the provisions of this Ordinance. "Net
parking meter revenues" are defined as those revenues from parking meters
throughout the City remaining after all reasonable and proper expenses of
operation and maintenance of the parking meters have been paid or provided
for. All revenues derived from parking meters not required for the purpose
aforesaid shall be released from this pledge (subject to the subsequent pro-
visions hereof) and may be used by the City for- any lawful purpose. If, at
any time r it appears the net revenues derived from parking meters will be
needed to insure the prompt payment of the principal of and interest on the
the ba si s of projected revenues from the off-street parking facilities and ex-
shall notify the City of such need and of the amount determined by the Trustee
that will be needed. Thereafter and until notified by the Trustee to the contrary r
the City shall deposit in the Bond Fund the amounts from net parking meter
these bonds are outstanding continue to 'collect net parking meter revenues in
at least the amount necessary to enable the City to discharge its obligations
For all purposes hereunder the required amount of net parking meter
purposes of Section 21 and all 'other sections and provisions of this Ordinance.
.Seoti.on 14. That it is hereby covenanted and agreed by the City with
the holders of the bonds that the City will faithfully and punctually perform
all duties with reference to the parking facilities and the pledged revenues
required by the Constitution and Laws of the State of Arkan s a s and by this
Ordinance ( including the, charging and collecting of sufficient rates and cherries
for the use of the parking facilities and parking meters, as herein specified and
covenanted r the segregating of the pledged revenues and the applying of the
maturity in the manner and in accordance with the terms set out in the Bond Form.
Section 16. That the City will keep or cause to be kept proper
books of accounts and records (separate from all other accounts and records) in
the off-street parking facilities and the parking meters in the City and the opera-
tion thereof, and such books shall be available for inspection by the holder of
to the Trustee and made available to interested bondholders. In the event the
City fails or refuses to make the audit I the Trustee I or any holder of the bonds
in the event the Trustee fails to do s a I may have the audit made and the cost
Section 17. That the City covenants and agrees that the off- street
parking facilities and parking meters will be maintained in good condition and will
be operated in an efficient manner and at reasonable cost. While any of the bonds
Page 22
are outstanding, the City agrees that it will insure and at all t irre s keep insured,
in the amount of the full insurable value, in responsible insurance corripani e s auth-
orized and qualified under the laws of the State of Arkansas to ass ume the risks, the
properties of the off-street parking facilities to the extent that such properties
operations, against loss- or damage from fire I and other risks covered by the
policies are to carry a clause making them payable to the Trustee as its interest
may appear, and are either to be placed in the custody of the Trustee or a satis-
factory certificate shall _befiled wi th the Trustee. In the event of los s, the pro-
ceeds of such insurance shall be applied solely toward the reconstruction, re-
placement or repair of the off-street parking facilities, and in such event, the
the reconstruction and repair work. If such proceeds are more than sufficient
the Bond Fund and if such proceeds shall be insufficient for such purposes, the
se cond , from moneys in the Operation and Ma inte nance Fund, and third, from
surplus moneys in the Street and Parking Project Fund. Nothing herein shall be
construed as requiring the City to expend any funds for operation and maintenance
of the off-street parking facilities or for premiums on insurance other than the
pledged revenues I but nothing herein shall be construed as preventing the City
Section 18.' That the City covenants and agrees that so long
as any bonds authorized hereby are outstanding I it will not mortgage, pledge,
portion of the same without the prior written approval of the Trustee.
Page 23
Section 19. (a) That if there be any default in the payment of the
pr i nc ipa l of and interest on any of the bonds, or if the City defa ult s in any
this Ordinunce, the Trustee may, and upon the written request of the holders
of not less than ten per cent (10%) in principal amount of the bonds then out-
stunding s ha l l J by proper suit compel the performance of the duties of the officials
of the City under the Constitution and laws of the Stute of Arkansas and under this
Ordinance. And, in the case of default in the payment of the principal of and
interest on any of the bonds, the Trustee may, and upon the wr itt.e n request of
holders of not less than ten per cent (l0%) in principul amount of the bonds then
and the parking meters on beha1f of the City and the bondholders with power to
and collected) rates and charges sufficient to provide for the payment of the
bonds and interest thereon and for the payment of operation and maintenance
expenses and to apply the revenues and income in conformity with the applicable
laws of the State of Arkansas and with this Ordir.a nee. Whe n all defa ul ts in prin,.-
cipal and interest payment have been cured, the custody and operation of the
off-street parking facilities and parking meters shall revert to the City.
(b) No holder of any bond shall have any right to institute any suit,
enforcement of any right under this Ordinance or under the Constitution and laws
of the State of Arkansas unless such holder previously shall have given to the
Trustee written notice of the default on account of which such suit, action or
proceeding is to be taken, and unless the holders of not less than ten per cent
(10%) In principal amount of the bonds of this Is sue then outstanding shall have
Page 24
made written request of the Trustee after the right to exercise such powers or
right of action I as the case may be I shall h av e accrued, and shall hav e afforded
r
herein granted or granted by the Constitution and Iaws of the State of Arkansas [
or to institute such action [ suit or proceeding in its name I and unless I also I there
shall have been offered to the Trustee reasonable security and indemnity against
the cost, expenses and liabilities to be incurred therein or thereby and the
Trustee shall have refused or neglected to comply with such request within a
reasonable time / and such notification I request and offer of indemnity are
hereby declared in every such case [ at the option of the Trustee / to be. conditions
precedent to the execution of the power's and trust of this Ord mzinoe or to any
holders of the bonds hereby secured s ha l l have any right In any mariner what-
ever by his or their actton to affect, disturb or prejudice the security of this
Ordinance I or to enforce any right hereunder except in the mariner herein provided [
that al l proceedings at law or in equity shall be instituted I had and maint ain ed in
the manner herein provided and for the benefit of all holders of the outstanding
bonds and coupons I and that any individual rights of action or other right given
to one or more of such holders by law are restricted by this Ordinance to the rights
(c) That all rights of action under this Ordinance or under any of
without the possession of any of the bonds or coupons appertaining th ereto , and
any such suit [ action or proceeding instituted by the Trustee shall be brought
in its name and for the benefit of all the holders of the bonds and coupons [
or remedies herein provided [ and each and every such remedy shall be cumulative
and shall be in addition to every other remedy given hereunder or given by any
bonds to exercise any right or power accrued upon any default shall impair any
an acquiescence therein, and every power and remedy given by this Ord.ina nce
to the Trustee and to the holders of the bonds I respectively, may be exercised
(f) That the Trustee may r and upon the written request of the holders
of not less than ten per cent (10%) in principal amount of the bonds then out-
standing shall waive any default which shall have been remedied before the
under the provisions of this Ordinance or before the completion of the enforce-
ment of any other rerriedy , but no such wa i ver shall extend to or affect any other
Section 20. (a) Money s held for the credit of any fund (other than the
debt service reserve) may I at the option of the City I be invested and reinvested
States of America, which shall mature 1 or which shall be subj ect to redemption
by the holder thereof 1 at the option of such holder I not later than the date or
dates when the moneys held for the credit of thE; particular fund wi l l be required
holder I not later than ten (l0) years after the date of each such investment.
fund shall be deemed at all times to be a part of such fund and the interest
accruing thereon and any profit realized from such investments shall be credited
to such fund and any loss resulting from such investment shall be charged to such
fund.
the City shall not issue or attempt to is sue any bonds claimed to be entitled
to a priority of lien on the pledged revenues over the lien se cur i no the bonds
of this issue. Nothing herein shall prohibit the City from issuing additional
bonds secured by a .Ite n on, or pledge of, the revenues pledged to these bonds;
provided I however I the City shall not iss ue any such additional bonds ranking
on a parity with the outstanding bonds of this issue unless and until there shall
have been procured and filed with the Trustee a statement by an independent
certified public accountant not in the regular employ of the City recrtinc the
opinion based upon necessary investigation that the aggregate of (1) net revenues
of the off-street parking facilities (being gross revenues from the off-street park-
ing facilities less the amount required to pay the reasonable and proper costs of
operation, maintenance and repair of such facilities) and (2) net parking meter
revenues (hereinbefore defined), for the fiscal year immediately preceding the
fiscal year in which it is proposed to issue such additional bonds, equals not
less than 150% of the maximum annual principal and interest requirements, on all
of the then outstanding bonds which are secured by a pledge of revenues from
off-street parking facilities and from parking meters and the bonds then proposed
to be issued.
will be operated under the supervision and control of the Mountain Home Municipal
Parking Authority.
Section 23. That in the event the office of Mayor 1 City Clerk/ City
any two or more such offices shall be merged or consolidated / or in the event
Page 27
removal from office or otherwi se I or in the event that such officer shall become
from the City or othervvise I all powers conferred and all obligations and duties
imposed upon such office or officers shall be performed by the office or officer
succeeding to the principal function thereof I or by the office or officer upon whom
Section 24. That when the bonds herein authorized (temporary bonds
and permanent bonds) have been executed and the seal of the City impressed
as herein provided/ they shall be delivered to the Trustee/ and the Trustee shall
authenticate them and deliver them to the purchaser upon payment in cash of
the purchase price plus accrued interest to the date of delivery of the bonds
(called "total sale proceeds "). The Trustee shall handle the total sale proceeds
as follows:
(a) In the ca se of the temporary bonds the total sale proceeds shall
be deposited in a special account of the City de stqna ted "1972 Street and Park-
(1) The Trustee shall deposit into the Bond Fund an amount
sufficient to provide for interest during the period prior to the time the off-street
instructions Signed by the Mayor and delivered to the Trustee at the time of
closing r plus an amount sufficient to establish the debt service reserve in the
(2) The Trustee shall deposit the balance of the total sale proceeds
tory de s iqna ted by the City that is a member of the Federal Deposit Insurance
Corporation. The moneys in the Construction Fund in excess of the amount insured
Page 28
except that any moneys invested as hcre in authorized need not be so secured.
the cost of accomplishing the Street and Parking Project, paying necessary
expenses incidental thereto and paying the expenses of authorizing and issuing
, which shall contain at least the following information: the person to whom pay-
ment is being made; the amount of the, payment; and the purpose by general
two persons designated by the City Council. If requisitions are used, the
depository shall issue its check upon the Construction Fund payable to the
person designated in the re qui s it ion . The depository of the Construction Fund
shall be required to keep accurate records as to all payments made on the basis
of requisitions, and the Parking Authority shall keep accurate records of all
When the Street and Parking Project has been completed and all re-
quired expenses paid from the Construction Fund in connection with the Street
and Parking Proj ect and the issuance of the bonds, thi s fact shall be evidenced
Authority and by the Mayor, which certtfi cate rshe.l.l state I among other thing s ,
the date of the completion and that all obligations payable from the Construction-
Fund have been discharged. A copy of the certificate shall be filed with the
depository of the Construction Fund, and a copy shall be filed with the Trustee,
and upon receipt thereof the depository of the Construction Fund shall take the
binding contract between the City and the holders of the outstanding bonds and
Page 29
coupons issued hereunder, and the City will at all times strictly adhere to the
terms and provisions hereof and fully discharge all of its obligations hereunder.
Subject to the terms and provisions corr amed in this section and not otherwise,
the holders of not less .than seventy-five per cent (75%) in aggregate prmcrpal
amount of the bonds then outstanding shall have the right, from time to time,
to and approve the adoption by the City of such ordinance supplemental hereto
extension of the maturity of the principal of or the interest on any bond issued
hereunder I or (b) a reduction in the principal amount of any bond or the rate of
interest therein, or (c) the creation of a lien upon or a pledge of revenues other
than as expre s sly authrr ized by the appropriate provisions of this Ordinance as
now adopted, or (d) the creation of a privilege of priority of any bond or bonds
over any other bond or bonds, or (e) a reduction in the aggregate principal amount
Section 26. The Trustee shall be responsible for the exercise of good
faith and reasonable prudence in the execution of its trusts. The recitals
in this Ordinance and in the face of the bonds are the recitals of the City
and not of the Trustee. The Trustee shall not be required to take any action
holders of not less than ten per cent (lO%j in principal amount of bonds then
outstanding and shall have been offered reasonable s e cur Ity and indemnity
against the cos ts, expenses and liabilities to be incurred therein or thereby.
The Trustee may res ign at any time by ten (l0) days I notice in writing to the
City Clerk / and the majority in value of the holders of the outstanding bonds
Page 30
at any time, with or without cause, may remove the Trustee, In the e vor •.t of a
in value of the holders of the outstanding bonds may appoint a new Trustee I such
the City Clerk. If the majority in value of the holders of the outstanding bonds
shall fail to fill a vacancy within thirty (30) days after the same shall occur,
then the City shall forthwith designate a new Trustee by a written instrument
filed in the office of the City Clerk. Any successor Trustee shall file a written
acceptance and agreement to execute the trusts imposed upon it by this Ordinance,
but only upon the terms and conditions set forth in this Ordinance and subject to
the provisions of this Ordinance, to all of which the respective holders of the
bonds agree. Such written acceptance shall be filed with the City Clerk/ and a
copy thereof shall be placed in the bond transcript. Any successor Trustee shall
have all the powers herein granted to the original Trustee. The Paying Agent may
re s iqn at any time upon ten (10) days I written notice to the City Clerk, whereupon
. Section 27. 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, such holding shall not affect the validity of the remainder of the Ordinance.
Section 28. That all ordinances and resolutions and parts thereof in
Section 29. That this Ordinance shall not create any right of any
character and no right of any character shall arise under or pursuant to it until
Section 30. That it is hereby ascertained and declared that the Street
and Parking Project should be completed as soon as possible in order that these
facilities may be made available to the City and its inhabitants at the earliest
possible time, all of which is hereby declared to be necessary for the safety
Page 31
and welfare of the citizens of the City. Such cannot be accomplished without
emergency is hereby declared to exist, and this Ordinance being necessary for
the immediate preservation of the public peace, health and safety shall take
PASSED --",;,z:;'
\~!C fi;' "'- ,'-
."'-'j":.-/;,..,:, ,--:,,:;<c_,
",""
.:_)
-":G-c=-'I
L/
I
1972 •
ATTEST:
Mayor
City Clerk ! (
(SEAL)
CERTIFICA TE
STATE OF ARKANSAS)
)
COUNTY OF BAXTER)
hereby certifies that the foregoing pages are a true and correct copy of Ordinance
~y
C'
/
day of
----;"'f=-"-"----
1972 1 and that the Ordinance is of record in Ordinance Record Book No.
r now in my possession.
City Clerk /
(SEAL)
COPIES ON FILE AT CITY HALL
ORDINANCE NO. 309
ARKANSAS:
commercial C-3 zoning; that said petition was submitted to the Planning
hearing was held and all objections were heard; and the Planning Commission
P.RKAN3AS:
That the following described real estate, be, and is hereby changed
i'flayor
WHEREAS, the C tty of Mounta in Home, Arkan sa s (the "C tty "), is
are needed:
City Hall Complex, to include space for municipal offices and space
of $377,000; and
which estima tes include expenses of a uthorizing and issuing bonds; and
r
1972 I
at which there shall be submitted to the electors the
but shall be callable for payment prior to maturity upon such terms
YEAR AMOUNT
1975 $ 4.000
1976 5.000
1977 5,000
1978 5,000
1979 6,000
1980 6,000
1981 6.000
1982 7,000
1983 7,000
1984 7,000
1985 8,000
1986 8,000
1987 9,000
1988 9,000
1989 10,000
1990 10,000
1991 11,000
1992 11,000
1993 12,000
1994 13,000
1995 13,000
1996 14,000
1997 15,000
1998 16,000
1999 16,000
2000 17 ,000
2001 19,000
2002 20,000
2003 21,000
2004 22,000
2005 24.000
2006 25,000
2007 26,000
At the discretion of the City Council, the bonds may be sold and
delivered in series as funds are needed upon such terms and pursuant to such
conditions a s the City Council may specify in the ordinance a uthorizing the
different rates.
Puq e 4
Section 3. That the questions shall be placed on the ballot for the
If bonds for both of the above set forth purposes are approved by the
electors I they will be combined into one issue of $407, 000 in prin-
cipal amount of General Obligation Improvement Bonds (the "bonds")
under the prov is lon sof Amendment No. 13 to the Constitution of the
State of Arkan sa s. In the event that bonds for only one of the above
set forth purpose s are a pproved the bonds that are a pproved will be
I
issued with the same maturity dates but for proportionately less
amounts. The bonds will be dated September I, 1972 with Inter e st
I
SecUon 4. Tha t the election shall be held and conducted and the vote
canvassed and the results declared under the law and in the manner now pro-
vided for rnun ic lpe l elections 1 so far a s the sa me is applicable 1 and the Mayor
of the City is hereby authorlzed and directed to (Jive notice of such election by
l l sh ed in the City and having a bona fide circulation therein, the last publi-
cation to be not less than ten days prior to the date of the el ectton , and only
que l Ifl ed voters of the C tty shall have the right to vote at the election.
Mayor r and his Proclamation shall be published one time in a newspaper pub-
lished in the City and having a bona fide circulation therein, which Proclamation
shall advise that the results as procla lmed shall be conclusive unless attacked
in the courts within thirty days after the date of the Proclamation.
the terms of Amendment No. 13 to the Constitution of the State of Arkansa s , the
immediate need for the improvements in order to promote and protect the health I
safety and welfare of the City and it s Inhabttant s f and that the improvements
declared that an emergency exists and this Ordinance being necessary for
the immediate pre s erva t lon of public pee ce , health and safety shall be in
force and take effect immediately from and after its passage.
ATTEST:
Mayor
(SEAL)
,"" ~,. '
CERTIFICATE
true and perfect copy of Ordinance No . .3 /() I pa ssed at a regular sess ion
S';>ec::., ..•.c,
of the City CouncLl of Mounta in Home, Arkan sa s I held a t the .fe<JaIm meeting
J=7
Record Book No. J
, 1972, and that the Ordinance
1972.
ORDINANCE NO¢ 311
No. 163; that a public hearing was held; that all remonstrances were
C-3:
that notice of said petition and a publ hearing thereon was published
that a public hearing was held,; that all es were heard, after
hereinafter be rezoned.
,L,PPROVED:
ATTEST:
WHEREAS, Act No. 266 of 1971 (AS 19-1042 - 1046) provides that
cities of the first class have authority to pass local legislation
in contravention to existing state statutory laws in matters pertain-
ing to the management of municipal affairs unless specifically pre-
cluded from such action by said Act No. 266 of 1971.
NOW, THEREFORE, BE IT ORDAINBD BY THE CITY COUNCIL OF THE CITY OF
MOUNTAIN HOME, ARKANSAS
APPROVED:
Passe
,
"
",,
APPROVED:
a public hearing was held; that all remonstrances were heard, after
ARKANSAS:
CQ2:
4. No occupant shall use, and the land shall not be used, insofar
as that portion fronting on Sanford Lane is concerned, for the purpose of
loading or unloading freight.
WE, the fee owners of the above-described property hereby impose the
foregoing restrictions upon its use.
This instrument shall be binding upon the heirs and assigns of owners
until released by the property owners on Sanford Lane opposite the above-
described pro~ty; or until declared by a Court of competent jurisdiction
to be an arbitrary and capricious restriction upon the use of the land.
APPROVED:
ATTEST:
"All wiring for lights, power and heat in the defined fire
moldings: "
MAYOR W. W. jERSON
ATTEST:
ORDINANCE NO. 318
APPROVED:
MAYOR W. W.
ATTEST:
ORDINANCE NO. 319
APPROVED:
MAYOR W. W. 7RSON
ATTEST:
ORDINANCE NO. 320
ALSO:
AND ALSO:
APPROVED:
ATTEST
ORDINANCE NO. 321
ALSO:
AND ALSO:
J)
-----I '" /
ORDINANCE NO.~ CONTINUED
APPROVED
MAYOR
ATTEST:
ORDINANCE NO. 322
APPROVED:
ATTEST:
ORDINANCE NO 323
WHEREAS, a petition was filed with the County Clerk of Baxter, County,
Arkansas, by the real estate owners of the hereinafter described territory,
praying that said territory be annexed to and made a part of the City of
Mountain Home, Arkansas, and
APPROVED:
WHEREAS, after due notice as required by law, the City Council of the
City of Mountain Home, Arkansas, has heard all persons desiring to be
heard and has ascertained that said Petition was signed by persons owning
the majority in value of real property within said territory;
APPROVED:
MAYOR W.W.DIC
ATTEST:
WHEREAS, after due notice as required by law, the City Council of the
City of Mountain Home, Arkansas, has heard all persons desiring to be heard
and has ascertained that said Petition was signed by persons owning the
majority in value of real property witnin said territory, and
/~ .. ~
:5:,/v?/' --t!/z-/7.('j--/r r-'--~{L-\;_~_
/ CITY CLERK
Dryer Property
ORDINANCE NO 3@6
ATTEST:
City Clerk
Dryer Property
ORDINANCE 327
ATTEST:
Dryer Property
Ordinance No. 328
ATTEST:
Osmon Property
-:
51
ENACTED THE 13th DAY OF NOVEMBER, 1972, AND DECLARED EFFECTIVE FROM
AND AFTER ITS PASSAGE.
MAYOR
ATTEST:
/ CITylCLERK
MESSICK PROPERTY
52. ORDINANCE NO. 330
AN ORDINANCE REGULATING THE OUTSIDE STORAGE AND BURNING OF ANY
FORM OF TRASH, REFUSE, CANS, BOTTLES, GARBAGE, PAPER, RAGS, OR
ANY OTHER KINDS OF TRASH ON PUBLIC OR PRIVATE LANDS IN THE CITY
OF MOUNTAIN HOME, ARKANSAS
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF MOUNTAIN HOME, ARKANSAS
Section 1. From and after the passage of this Ordinance it shall
be unlawful for any person, firm, or corporation to place, store or dump
any form of trash, refuse, garbage, cans, bottles, paper, rags, or'any
other kind of trash outside any building, public or private, on public or
private land, unless such trash, refuse, cans, bottles, paper, rags, or
any other kinds of trash be first placed in a container of metal or
plastic properly covered to prevent spillage, molestation by animals,
scattering by winds ar other method.
Section 2. No person, firm or corporation shall kindle or main-
tain any bonfire or burn trash, lumber, leaves, straw, or any other com-
bustible material in any street or alley. No person, firm or corpora-
tion shall burn on any other premises, unless said burning is done in a
metal or masonry receptacle, covered with a mesh of not greater than one
inch, unless a permit be obtained pursuant to Section 3 of this Ordinance.
Receptacles for burning shall be kept in good repair, in neat condition,
free of noxious odors. The Chief of the Fire Department shall approve
the material and the location of all Commercial Incinerators. The stack
shall be covered with mesh of not greater than one inch.
Section 3. The Chief of the Fire Department may issue a permit for
the burning of leaves or other materials outside receptacles. The appli-
cation for such permit shall give the time and place of the burning and
shall be made at least four hours prior to such burning. All permits
shall include, as restrictions thereon, the safety standards set out in
Section 4 hereof.
Section 4. No person, firm or corporation shall burn any materials
permitted to be burned under this Ordinance, without a container, unless
the following safety standards be observed:
(1) Burning shall be on a "still day".
(2) All burning shall be constantly supervised by a person of
not less than sixteen years of age.
(3) All burning shall be conducted at least ten feet from any
building or other structure.
Section 5. No person or persons shall dispose of, or place in any
burning receptacle, any garbage, motor car oil drainings, tires, tar-
paper, or any other substance or material that will result in a dense
smoke or an offensive odor.
Section 6. Any person, firm or corporation who shall violate the
provisions of this Ordinanee shall be deemed guilty of a misdemeanor and
upon conviction shall be fined in any sum not less than Ten Dollars ($10.00)
nor more than Fifty Dollars ($50.00).
Section 7. The Police Officers of the City and the City Health
Officer are hereby authorized to enforce the provisions of this order.
Section 8. If any section of this Ordinance shall be found invalid,
the invalidity of that section shall not make invalid the provisions of
other sections of this Ordinance.
Section 9. Ordinance 196 and all other Ordinances or parts of_ Ordi-
nances in conflict herewith are hereby repealed.
Section 10. This Ordinance being necessary for the immediate
preservation of the public peace, health and safety, an emergency ~s
hereby declared to exist and this Ordinance shall be in full force and
effect from and after its passage.
This Ordinance passed and approved this 13th daY~Of November, 1972.
dd/J~~~ MAYOR
ATTEST:
/ CITY CLERK
ORDINANCE NO.~
Mayor W. W. Di kerson
7
-I
ENACTED THE 27th DAY OF NOVEMBER, 1972, AND DECLARED EFFECTIVE FROM
AND AFTER ITS PASSAGE.
daril~
Mayor w. ~Ckerson
Beck-Grigsby Property
ORDINANCE NO. 334
L. F. Baker Property
ORDIANCE NO. 335
General Location:
ENACTED THE 27th DAY OF NOVEMBER, 1972, AND DECLARED EFFECTIVE FROM
AND AFTER ITS PASSAGE.
APPROVED:
This indenture lis given this 5th day of December, 1972, by William B.
Miller and Dorothy F. Miller, his wife, hereinafter called "Owners",
WITNESSETH:
and we have moved the City Council of Mountain Home, Arkansas, to rezone
the property from Residential R-l property to Commercial C~3 classification.
We, the fee owners of the above described property, hereby impose
the foregoing restrictions upon its use.
-ACKNOWLEDGMENT
STATE OF ARKANSAS )
) SS.
COUNTY OF BAXTER )
Seal
My Commission Expires:
April 1, 1974
ORDINANCE NO. ~
unless there lS more than one location in which event the firm or
corporation shall obtain a license for each location.
-2-
UPHOLSTERY SHOP
LUNCH COUNTER
SERVICE STATION
CONTRACTORS
BARBER SHOP
COURTS WITH LESS THAN SIX (6) UNITS
PHOTO STUDIOS
CAB COMPANY
ANTIQUES
LAUNDRIES '
RADI 0 REP AI R
RECAPPING PLANT
JUNK DEALER
MONU MENT WORKS
CABINET MAKER
OUTBOARD MOTOR REPAIR
COSMETIC SALES
ACCOUNTANTS
CREDIT BUREAUS
GROCERY STORES UP TO 2000 SQ. FT. OF DISPLAY SPACE
THEATRES
CHI ROP RACTORS
MOBILE HOMES ONE (U TO TWENTY -FIVE (25) UNITS
TELEVISION REPAIR SERVICE
VARIETY STORES UP TO 2000 SQ. FT. DISPLAY AREA
CLOTHING STORES UP TO 2000 SQ. FT. DISPLAY AREA
SHOE STORES UP TO 2000 SQ. FT. DISPLAY AREA
GIFT SHOPS UP TO 2000 SQ. FT. DISPLAY AREA
DRYGOODS STORES UP TO 2000 SQ. FT. DISPLAY AREA
PAINT STORES
FLORIST
FEED STORES
PLUMBERS
ELECTRICIANS
ROOT BEER AND ICE CREAM STANDS
MANUFACTURING OR PROCESSING PLANT EMPLOYING UP TO AND ENXLUDING FIVE (5) PEOPLE
BEAUTY SHOP ,
GARAGE
ABSTRACTORS
IX)CTORS
DENTISTS
LAWYERS
BULK OIL STATION
DRUG STORES
TOUREST COURTS THIRTEEN (13) TO TWENTY (20) UNITS
GROCERY STORES 4001 TO 6000 SQ. FT. DISPLAY AREA
USED CAR DEALERS
MAIL ORDER HOUSE UP TO 3000 SQ. FT. DISPLAY AREA
VARIETY STORE 4001 TO 6000 SQ. FT. DISPLAY AREA
CLOTHING STORE 4001 TO 6000 SQ. FT. DISPLAY AREA
SHOE STORE 4001 TO 6000 SQ. FT. DISPLAY AREA
GIFT SHOP~4001 TO 6000 SQ. FT. DISPLAY AREA
DRYGOOD STORES 4001 TO 6000 SQ. FT. DISPLAY AREA
HOTELS, APARTMENTS OR ROOMING HOUSES THIRTEEN (13) OR MORE UNITS
is hereby declared to exist and shall be in full force and effect from
and after its passage and publication.
mRgyg;JJ~~
MAYOR -W.W •.. DfCKER~~ .
/
ATTEST:
ORDINANCE NO. 337 _
AND,
AND,
A part of the swt NEt and any part of the sEt Nwt
within the following boundaries. Begin at the NW
corner of the Kate M. Winters enclosure, about 25 ft.
Jim McClure Property
-L-
AND,
APPROVED:
MAYOR
ATTEST:
ORDINANCE NO. -----
338
w. w. Di~son Mayor .
Carlile Highlands
ORDINANCE NO. 339
ATTEST:
ATTEST:
RECORDER /' (
$130.00 ANNUAU.FEE
Duplexes and apartments with one (1) to twelve (12) units shall
pay an annual occupation tax of $50.00;
ATTEST:
72
ORDINANCE NO. 342
ATTEST:
ORDINANCE NO. 343
ATTEST:
Wiseman-Nelson Property
ORDINANCE NO. 344
APPR~~_: I /)
dJ!lJVA~
MAYOR /
/
!
/
ATTEST:
ORDINANCE NO. 345
ATTEST:
CITY CLERK
Lewis-McDaniel Property
ORDINANCE NO. 346
APPROVED:
a&~a~~
MAYOR
ATTEST:
ATTEST:
LJ~~~_
=.,.' .•
~AP~P..<S>o.RO..::<::::V
MAYOR
ATTEST:
WHEREAS, a petition was filed with the County Clerk of Baxter County,
Arkansas, by the real estate owners of the land hereinafter described,
pray that said land be annexed to and made a part of the City of Mountain
Home, Arkansas, and
WHEREAS, on the 14the day of February, 1973, the County Court of Baxter
County, Arkansas, found that said petition was signed by all of the fee
simple owners of the said property; that the said territory is contiguous
to the present corporate limits of the City of Mountain Home, Arkansas;
that accurate plats or maps of said territory showing its relationship
to the present city had been filed and made a part of said annexation
petition; that proper notice had been given for the time and in the manner
prescribed by law; and that said lands and territory should be annexed to
the City of Mountain Home, Arkansas, subject to the acceptance of the same
by the City Council of said city at the proper time as provided by law, and
WHEREAS, the time fixed by law for appealing from said order of
annexation made by the County Court has expired, and no appeal has been
taken from said order, and
Tract 1
That part of the swt SWt-Secti on 3, and that part of tre Nwt
Nwt Section 10, Township 19 North, Range 13 West, Baxter
County, Arkaffias, described as follows: Beginning at the
NW corner of said Section 10, said point being in the center
line of Buzzard Roost Road; thence South 01 deg. 59' 53" West
229.4 feet along said center line; thence South 89 deg. 41' 30"
East 431.39 feet; thence North 13 deg. 13' 04" East 269.85 feet
to the South right of way of First Street; thence North 89 deg.
41' 30" West 484.5 feet along said -right of way to the center
line of Buzzard Roost Road; thence South 01 deg. 46' 36" West
34.10 feet along said center line to the point of beginning, contain-
ing 2.8 acres, more or less, subject to the right of way of existing
Buzzard Roost Road. EXCEPT therefrom all that part thereof
which has been subdivided into Block 10, Indian Creek Unit 2,
a subdivision according to the plat thereof.
l
Tract 2
The North 5.1 acres of that part of the Nwt Nwt Section 10,
Township 19 North, Range 13 West, Baxter County, Arkansas,
described as follows: Beginning at a point South 1 deg. 59'
53" West 229.04 feet from the NW corner of said Section 10
INDIAN CREEK
ORDINANCE NO. 349 CONTINUED
said point being in the center line of Buzzard Roost Road; thence
South 1 deg. 59' 53" West 1005.21 feet along said certer line;
thence South 84 deg. 07' 52" East 281.66 feet; thence North
7 deg. 24' 25" East 504.21 feet, thence North 12 deg. 51' 38"
East 544.74 feet, thence North 89 deg. 41' 30~ West 431.39 feet
to the point of beginning, containing 8.1 acres, more or less,
subject to the right of way of existing Buzzard Roost Road.
Tract 3
Tract 4
L)
~rdtL·~~
APPZOV':
c.". 1;'
MAYOR
/
W. ~. DICKERSON
ATTEST:
/
Indian Creek
ORDINANCE NO. 350
WHEREAS, after due notice as required by law, the City Council of the
City of Mountain Home, Arkansas, has heard all persons desiring to be
heard and has ascertained that said Petition was signed by persons owning
the majority in value of :real property within, said territory, and;
z:2
APPROVED,
..12fg(~,
MAYOR W.W./DICKERSON
ATTEST:
LANDIS PROPERTY
ORDINANCE NO. 351
From the Northeast corner 'of said Nwt set Sec ~ 4. Tp : 19,
N. R. 13 West, run West along the North side thereof 47
feet t.o dhe South side MU.S. Hi qhwa y rno , 62 Right-:-of-
way, 801.5 feet to a Walnut tree for the place of
beginning. From the place of beginning run South 56°
East 166 feet; run thence South 69° East 24 feet,
Thence South 69° East 151 feet,- thence South 7° East
132 feet, thence North 83° ro'- East 123 feet,thence North
4° West 215 feet, thence North 56° West 354 feet to the
South side cr Highway #62, thence South 38° West along the
South side of said Highway, 184 feet to the Walnut tree
and the point of-beginning.
ENACTED THE 26TH DAY OF FEBRUARY, 1973, AND DECLARED EFFECTIVE FROM
AND AFTER ITS PASSAGE.
~~OZ:1(')
~V~1~
MAYOR W./ w. DICKERSON
ATTEST:
APPROVED:
_u/L~~~
MAYOR W.W. D~
/
/
ATTEST:
Harris Property
ORDINANCE NO. 353
APPROVED: / ~ ..
sib!1!--k~~_
MAYOR W~WI DICKERSON
/
/
ATTEST:
Q~~
CITY CLERK ?'ENELOPEC ~
SALE BARNS
ORDINANCE NO. 354
ENACTED THE 19th DAY OF MARCH, 1973 AND DECLARED EFFECTIVE FROM
AND AFTER ITS PASSAGE.
APPROVED .; ~1
~i.;:/;k
MAYOR W. W. "DICKERSON
<~rr
ATTEST
TRAMMELL PROPERTY
ORDINANCE NO. 355
ATTEST
APPROVED \
/;/ /-/ /
(;j{jlkh)/~)u
MAYOR W. W! DICKERSON
ATTEST
This Ordinance passed and approved this 2nd day of April, 1973.
MAYOR W. W. nICKERSON
ATTEST
ENACTED THE 16th DAY OF APRIL, 1973 AND DECLARED EFFECTIVE FROM AND
AFTER ITS PASSAGE.
APP~VE~ ( ) /
ATTEST:
c9~~~ ..':t,zd
CITY CLERK> PENELoPE RI. FEIST
BARRETT SUBDIVISION
ORDINANCE NO. 359
ATTEST:
APPROVED,/ ( '''' ..
/ j(, I / j~ /;'),
W. DICKERSON
-MA~Y~O~R~-W.
ATTEST:
WHEREAS, in order for the city of Mountain Home, Arkansas to protect its
fire rating and in order to insure the orderly and proper growth of the city;
and,
WHEREAS, there exists a need to regulate the distance between fireplugs
in subdivisions which intend to connect to the water and sewer systems of the
city of Mountain Home, Arkansas;
2. Any subdivision which does not meet this minimum requirement shall
not be allowed to connect to the water system of the city of Mountain Home,
Arkansas.
MAYOR W. W. DICKERSON
ATTEST:
of the City, and approved on July 3 L 1972, there wa s submittted to the qualified
electors of the City the question of issuing, under Amendment No. 13 to the
in the principal amount of $407,000 (the "bonds") for the purpose of financing
the cost of (1) the acquisition of a site for and the construction of a City Hall
Complex, to include space for municipal offices and space for housing fire fighting
paying necessary expenses incidental thereto and paying the expenses of issuing
of the electors voting on the que s tion approved the issuance of the bonds; and
WHEREAS, after due advertisement for the time and in the manner
required by law, bonds in the amount of $40 7 ,000 were offered for sale on
sealed bids on May 31,1973, and at the sale Powell & Satterfield, Inc., Little
Rock, Arkansas (the "purcha ser "}, bid and offered the price of par and accrued
interest from June I, 1973 to date of delivery for bonds bearing interest at the
rate of 4.90 % per annum, plus a premium of $113. 00, and this being the best
bid, the bonds were s oId to the purchaser at that price; and
Page 2
purchaser has elected to convert the $407,000 of bonds bearing interest at the
rate of 4.90% per annum to an issue of $436,625 of 3-3/4%, 4%, 4-1/2% and
4-3/4% bonds, hereinafter described in de'tai l , and the Council has examined
the conversion and has found the same to be within the provisions of the Notice
of Sale, and that by virtue of which the City will pay no .E10reand receive no
less than it would pay and receive if the bonds were not converted;
Section 2. That the sale of the bonds to the purchaser and the con-
version of the bonds be, and the same are hereby, approved and confirmed.
Obligation Improvement Bonds are hereby authorized and ordered issued in the
total principal amount of $436,625, the proceeds of the sale of which are
in the denomination of $1,000 each, except Bond No. 437, which shall be in
the denomination of $625, and shall bear interest as follows: Bonds Nos. 1
to 88, inclusive, maturing in the years 1975 to 1985, inclusive, shall bear
interest at the rate of 4-1/2 % per annum; Bonds Nos. 89 to 276, inclusive,
maturing in the years 1986 to 2000, inclusive I shall bear interest at the rate
of 4-3/4% per annum; Bonds Nos. 277 to 336, inclusive, maturing in the years
2001 to 2003, inclusive, shall bear interest at the rate of 4-1/2% per annum;
Bonds Nos. 337 to 382, inclusive, maturing in the years 2004 and 2005, shall
bear interest at the rate of 4% per annum; and Bonds Nos. 383 to 437, inclusive,
maturing in the years 2006 and 2007, shall bear interest at the rate of 3-3/4%
Page 3
per annum. The bonds shall be dated September 1, 1972, and interest shall be
of each year (coupon No.2, due December 1, 1973, will be the first coupon
printed). The bonds shall be negotiable coupon bonds payable to bearer but
Payment of the bonds and interest coupons shall be made- at the principal office
of First National Bank & Trust Co. of Mountain Home, Mountain Home, Arkansas
interest, shall be by check or draft mailed to the registered owner at the address
shown on the registration book of the City maintained by the Trustee. The bonds
shall mature on December 1 of each year, as follows, but are callable as here-
1~75 1- 6 $ 6,000
1976 7- 13 7,000
1977 14- 20 7,000
1978 21- 27 7,000
1979 28- 35 8,000
1980 36- 43 8,000
1981 44- 51 8,000
1982 52- 60 9,000
1983 61- 69 9,000
1984 70- 78 9,000
1985 79- 88 10,000
1986 89- 97 9,000
1987 98-106 9,000
1988 107-115 9,000
1989 116-125 10,000
1990 126-135 10,000
1991 136-146 11,000
1992 147-157 11,000
1993 158-169 12,000
1994 170-182 13,000
1995 183-197 15,000
1996 198-212 15,000
1997 213-227 15,000
1998 228- 243 16,000
1999 244-259 16,000
2000 260-276 17,000
2001 277-296 20,000
2002 297-316 20,000
2003 317-336 20,000
2004 337-358 22,000
2005 359-382 24,000
2006 383-407 25,000
2007 408-437 29,625 .•
Page 4
by the Mayor and City Clerk (with the facsimile signature of the Mayor and
the manual signature of the City Clerk) and shall have impressed thereon the
seal of the City. Interest coy-pons shall be executed by the facsimile signature
of the Mayor. The facsimile signature of the Mayor on the bonds and coupons
shall have the same force and effect as if he had personally signed each of the
following form:
,
J
UNITED STATESOF AMERICA
STATEOF ARKANSAS
COUNTY OF BAXTER
CITY OF MOUNTAIN HOME
___ % GENERALOBLIGATIONIMPROVEMENTBOND
No.
That the City of Mountain Home, Baxter County., Arkansas (the" City") ,
acknowledges itself to owe and for value received promises to pay to bearer,
DOLLARS
in lawful money of the United States of America on the first day of December,
'--- __ %) per annum from date until paid. Interest is payable on June 1, 1973
the registered owner at his address reflected on the.reci stratton book of the
be made upon presentation of the bonds and coupons at the principal office of
First National Bank & Trust Co. of Mountain Home, Mountain Home I Arkansas
inclusive (the "bonds "), all of like tenor and effect except as to number,
bonds are issued for the purpose of financing the cost of (1) the acquisition
of a site for and the construction of a City Hall Complex I to include space for
municipal offices and space for housing fire fighting apparatus; and (2) the
expenses incidental thereto and paying the expenses of issuing the bonds.
Page 6
The bonds are issued pursuant to and in full compliance with the
1973 (the "Authorizing Ordinance"), and an election duly held at which the
majority of the legal voters of the City voting on the question voted in favor
Ordinance for the details of the nature and extent of the security and of the
rights and obligations of the City and the holders and registered owners of the
bonds. The bonds are general obligations of the City, payable from the proceed s
of a continuing annual five (5) mill special tax (the" special tax") levied by the
the State of Arkansa s , and the City hereby pledge s its full faith, credit and
taxing power, including the special tax, for the payment of this bond.
order, at a price of the principal amount being redeemed plus accrued interest
----
date; from funds from any source on any interest
December I, 1977.
payment date on and after
prompt payment of the principal of, interest on and Paying Agent's fees in con-
nection with the bonds as the same become due, must be used from time to time
on each interest payment date as and to the extent available to redeem the
outstanding bonds.
Page 7
newspaper published in the City of Little Rock r Arkansa s r and having a general
circulation throughout the State of Arkansas r giving the number and maturity
of each bond being called t the publication to be at lea st fifteen (15) days prior
to the redemption date r and after the date fixed for redemption each bond so
called shall cea se to bear interest r provided funds for its payment are on deposit
with the Paying Agent at that time. In add iti on , notice shall be given by certified
or a s to principal and intere st at the addre ss of such owner reflected on the bond
registration book of the Bond Registrar and mailed not less then fifteen (15) days
prior to the redemption date and If.a ll outstanding bonds shall be registered as
registered owners thereof as afore said shall be sufficient r and it shall not be
.interest and may be discharged from such registration in the manner r with the
effect and subject to the terms and conditions endorsed hereon. Subject to the
in the Authorizing Ordinance shall affect or impair the negotiability of this bond
and this bond shall be deemed a negotiable instrument under the laws of the
State of Arkansas. This bond is issued with the intent that the laws of the
conditions and things required to exi st , happen and be performed r under the
of this bond have e xi ste d , have happened and have been performed in due time r
form and manner as required by law; that the indebtedness represented by this
Page 8
bond and the is sue of which it forms a part doe s not exceed any constitutional
or statutory limitation; and that a tax sufficient to pay the bonds and interest
thereon has been duly levied in accordance with Amendment No. 13 to the
Constitution of the State of Arkansas and made payable annually until all of
the bonds and intere st thereon have been fully paid and discharged.
caused this bond to be executed in its name by the facsimile signature of the
Mayor, the manual signature of the City Clerk and its corporate seal to be
affixed and has caused the coupons hereto attached to be executed by the
facsimile Signature of its Mayor, all as of the first day of September, 1972.
By --"(f::;:a:..;:c"-'s::..=i:.::.;m:.:..:i::.::l..:::e-=-s
;:.;ig:o..:n:.::.;a:::...t=-:u=r..=e-<...)
_
Mayor
cly Clerk
(SEAL)
I
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)
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Page 9
(form of coupon)
No. $ _
Home, Baxter County, Arkansas, unless the bond to which this coupon is
in accordance with the provisions pertaining thereto set lorth on the bond,
DOLLARS
First National Bank & Trust Co. of Mountain Home I Mountain Home I Arkansas,
being six (6) months interest then due on its General Obligation Improvement
By ~(.:::..:fa~c::::..s::.;l::.:·
m.:..:.l::.:·l:..:::e::...-:::s.=..ig=n.:::.a..:..tu:::::r:
_
Mayor
CERTIFICATE
,
I
!3y _
Page 10
City, maintained by the Trustee as Bond Registrar, upon presentation hereof to the
Bond Registrar, which shall make mention of such registration in the registration blank
below, and this bond may thereafter be transferred only upon -an assignment duly executed
by the registered owner or his attorney or legal representative in such form as shall
be satisfactory.to the Bond Registrar, such transfer to be made on such book and endorsed
hereon by the Bond Registrar. Such transfer may be to bearer, and thereafter transferability
by delivery shall be restored, but this bond shall again be subject to successive registrations
and transfers as before. The principal of this bond, if registered, unless registered
. .
to bearer, shall be payable only to or upon the order of the registered owner or his
legal representative. Interest accruing on this bond will be paid only on presentation
and surrender of the attached interest coupons as they respectively become due, and
coupons shall remain payable to bearer and shall continue to be transferable by delivery;
provided, that if upon registration of this bond, or at any time thereafter while this
bond is registered in the name of the owner, the unmatured coupons attached evidencing
statement to that effect will be endorsed hereon by the Bond Registrar and thereafter
interest evidenced by such surrendered coupons will be paid by check or draft at the
times provided herein to the registered owner of this bond by mail to the address shown
on the registration book. This bond when so converted into a bond registered as to
both principal and interest may be reconverted into a coupon bond at the written request
of the registered owner and upon presentation at the office of said Bond Registrar.
Upon such reconversion the coupons representing the interest to become due thereafter'
..•..
Page 11
to the date of maturity will again be attached to this bond and a statement will be endorsed
hereon by the Bond Registrar in the registration blank below whether it is then registered
Mariner; of : Signature of
Date of Registration
, Name of Registered Owner. Registration: Bond Registrar
.
..
--
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/
Page 12
Section 6. That in order to pay the bonds as they mature, with interest thereon,
there is hereby levied upon all taxable real and personal property within the City a
continuing annual tax of five (5) mills (the 11 special tax") on each dollar of assessed
of, interest on and Paying Agent's fees in connection with the bonds. The City
Clerk is directed to transmit a copy of this Ordinance to the County Clerk of Baxter
County, Arkansas, to the end that the special tax may be extended on the tax books
of the County and collected annually along with the other taxes until the bonds and
interest thereon are patdin full or until adequate provision is made for their
payment. The City covenants and agrees that all of the revenues from the
special tax shall be placed in a separate fund which is hereby created and desig-
a bank or banks designated from time to time by the City Council of the City holding
membership in the Federal Deposit Insurance Corporation, and used solely for the
payment of the principal of, interest on and Paying Agent's fees in connection with
the bonds. The amount of the deposit in excess of that insured by the Federal
or fully guaranteed obligations of the United States of America, except that moneys
invested as hereinafter provided need not be so secured. Moneys in the Bond Funq
may be ---~-----'---'------'---~--'"'-'-----'"----"-'-"-.---'-----~
invested in direct obligations •. .. - .. -~--.,-~.-------
---.-, ,.-.-.-- ..
of, or obligations the principal
-.--"-"~.-~"-----.-----
--,.-
of and interest
on which are guaranteed by, the United States of America, which mature or are subject
to redemption at the option of the holder at or prior to the date the moneys will be
needed to meet debt service requirements on the bonds. such investments shall
-'"-~<'".'".'" ••
be considered a part of the Bond Fund from which made and all ",,,,'r,..,',,..,,.,,,, and profits
credited to, and all losses charges against, such fund. The City covenants
Page 13
that surplus tax collections, being collections from the special tax in excess
of the amount necessary to insure the prompt payment of the principal of , interest
on and Paying Agent's fees in connection with the bonds as they become due
must be used from time to time on each interest payment date as and to the
Section 7. That for the prompt payment of the lLonds, with interest,
the City hereby pled-:ges its full faith, credit and taxing power, including the
bonds as they mature and as they are redeemed prior to maturity, there are
hereby appropriated the entire proceeds of the special tax levied in Section 6
hereof, and if the proceeds be not sufficient to pay the principal of and interest
on the bonds as they mature, then there are hereby appropriated sufficient
additional funds out of the general revenues of the City to accomplish the
payment at maturity. The principal of and interest on the bonds shall mature
,
/
Page 14
INTEREST
BOND
YEAR NOS. RATE PRINCIPAL JUNE 1 DECEMBER 1 TOTAL
(Dec .1)
1973 $9/739.22 $ 9/739.22
1974 $9/739.22 9,739.22 19,478.44/
1975 1- 6 $ 6,000 9,739.22 -, 9,739.22 25,478.44
1976 7- 13 7,000 9,604.22 9,604.22 26/208.44
1977 14- 20 7/000 9,446.72 9,446.72 25,893.44
1978 21- 27 7/000 9,289.22 - 9,289.22 25,578.44
1979 28- 35 4-1/2% 8,000 9,131.72 9,131.72 26,263.44
1980 36 - 43 8,000 8,951. 72 8/951.72 25/903.44
1981 44- 51 8,000 8/771.72 8,771.72 25,543.44
1982 5.2- 60 9/000 8/591. 72 8/591.72 26,183.44
1983 61- 69 9,000 8,389.22 8,389.22 25,778.44
1984 70- 78 9,000 8,186.72 8,186.72 25,373.44
1985 79- 88 10,000 7,984.22 7,984.22 25,968.44
1986 89- 97 9,000 7,759.22 7,759.22 24,518.44
1987 98-106 9/000 7,545.47 7,545.47 24,090.94
1988 107-115 9/000 7/331.72 7,331.72 23,663.44
1989 116-125 10,000 7,117.97 7,117.97 24,235.94
1990 126 -135 10,000 6/880.47 6,880.47 23, 760.94
1991 136 -146 11,000 6,642.97 6,642.97 24/285.94
1992 147-157 4-3/4% 11,000 6,381.72 6,381.72 23,763.44
1993 158-169 12,000 6,120.47 6,120.47 24,240.94
1994 170-182 13/000 5,835.47 5,835.47 24,670.94
1995 183-197 15,000 5/526.72 5,526.72 26,053.44
1996 198-212 15/000 5,170.47 5,170.47 25,340.94
1997 213 -227 15,000 4,814.22 4,814.22 24,628.44
1998 228-243 16/000 4/457.97 4/457.97 24,915.94
1999 244-259 16,000 4,077.97 4,0177.97 24,155.94
2000 260-276 17,000 3,697.97 3,697.97 24,395.94
2001 277-296 20,000 3,294.22 3,294.22 26,588.44
2002 297 -316 4-1/2% 20/000 2/844.22 2,844.22 25,688.44
2003 317-336 20,000 2/394.22 2,394.22 24,788.44
2004 337-358 22/000 1/944.22 1/944.22 25,888.44
4% 27,008.44
2005 359 -382 24,000 1,504.22 1/504.22
2006 383 -407 25,000 1/024.22 1,024.22 27,048.44
3-3/4%
2007 408 -437 29,625 555.47 555.47 30/735.94
I
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,
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Page IS
maturity in accordance with the terms set out in the face of the bond form in
Section 10. That the Treasurer of the City is hereby ordered and
directed to place on deposit with the Paying Agent, at least five (5) days before
the maturity date of any bond or interest coupon issued hereunder, an amount
from the funds herein appropriated equal to the amount of such bonds or coupons,
for the sole purpose of paying the same, together with the customary Paying
Agent's fee. Such deposit shall be at the risk of the City and shall not operate
Section 11. (a) If there be any default in the payment of the principal
of and interest on any of the bonds, or if the City defaults in any Bond Fund
Ordinance, the Trustee may; and upon the written request of the holders of
not less than ten percent (10%) in prl nci pal amount of the bonds then outstanding
sha ll , by proper suit compel the performance of the duties of the officials of the
City under the Constitution and laws of the State of Arkansas and under this
Ordinance and protect and enforce the rights of the bondholders by acceleration,
(b) No holder of any bond shall have any right to institute any suit I
enforcement of any right under this Ordinance or under the Constitution and laws
of the State of Arkansas unless such holder previously shall have given to the
Trustee written notice of the default on account of which such suit, action or
proceeding is to be taken , and unless the holders of not less than ten percent
(10 %) in principal amount of the bonds then outstanding shall have made
Page 16
written reque st of the Trustee after the right to exercise such powers or right
of a ctton , as the case may be I shall have a ccrue d , and shall have afforded
herein granted or granted by the Constitution and laws of the State of Arkansa s ,
or to institute such action, suit or proceeding in its narne , and unless I also
there shall have been offered to the Trustee reasonable .se curi.ty and indemnity
and the Trustee shall have refused or neglected to comply with such request
within a reasonable time, and such nottftca tton , request and offer of indemnity
are hereby declared in every such case I at the option of the Trustee I to be
conditions precedent to the execution of the powers and trust of this Ordinance
more holders of the bonds hereby secured shall have any right in any manner
wha tever by his or their action to affect I disturb or pre judice the security of
this Ordinance I or to enforce any right hereunder except in the manner herein
provide d , that all proceedings at law or in equity shall be ins titute d , had and
maintained in the manner herein provided and for the benefit of all holders of
the outstanding bonds or coupons I and that any Indiv idua l rights of action or
other right given to one or more of such holders by law are restricted by this
(c) All rights of action under this Ordinance or under any of the bonds
possession of any of the bonds or coupons appertaining thereto, and any such
sutt , action or proceeding instituted by the Trustee shall be brought in its name
and for the benefit of all the holders of the bonds and coupons I subject to the
remedies herein provided I and each and every such remedy shall be cumulative
and shall be in addition to every other remedy given hereunder or given by any
to exercise any right or power accrued upon any default shall impair any such
acquiescence therein I and every power and remedy given by this Ordinance
to the Trustee and to the holders of the bonds I re spectively I may be exercised
(f) The Trustee .may I and upon the written reque st of the holders of
not less than ten percent (10%) in principal amount of the bonds then outstanding
shal l , waive any default which shall have been remedied before the entry of
final judgment or decree in any sui t , action or proceeding instituted under the
other remedy, but no such waiver shall extend to or affect any other existing or
thereon.
have been executed by the Mayor and City Clerk and the seal of the City
shall authenticate them and deliver them to the purchaser upon payment in cash
of the purchase price of $407,113, plus accrued interest from June I, 1973
(1) There shall be~ci~ciucted from the total sale proceeds and deposited
in the Bond Fund an amount sufficient to provide for debt service requirements
for which revenues derived from the special tax are not available, the City
.e xpre s s.ly reserving the right to reimburse the Construction Fund (hereinafter
special account of the City hereby created and designated the "Construction
The moneys in the Construction Fund shall be used for accomplishing the
Bond Fund.
the principal of and interest on which are guaranteed by, the United States of
holder, not later than the date or dates on which the moneys will be needed
Section 13. First National Bank & Trust Co. of Mountain Home,
Mountain Home, Arkansas, is hereby de signa ted as-Trustee and Paying Agent.
It shall only be responsible for the exercise of good faith and reasonable
prudence in the execution of its trust. The recitals in this Ordinance and in
the face of the bonds are the recitals of the City and not of the Trustee. The
Trustee shall not be required to take any action as Trustee unless it shall have
been requested to do so in writ inq by the holders of not less than ten percent
(10%) in principal amount of the bonds then outstanding and shall have been
offere d-ree sonable security and indemnity against the costs, expenses and
time by ten (10) days notice in writing to the City Clerk, and the majority
Page 19
in principal amount of the holders of the outstanding bonds at any time, with
or without cause, may remove the Trustee. In the event of a vacancy in the
amount of the holders of the outstanding bonds may appoint a new Trustee, such
City Clerk. If the majority in principal amount of the helders of the outstanding
bonds shall fail to fill a vacancy within thirty (30) days after the same shall
occur, then the City shall forthwith designate a new Trustee by a written
instrument filed in the office of the City Clerk. The original Trustee and any
succes sor Trustee shall file a written acceptance and agreement to execute the'
trusts imposed upon it or them by this Ordinance I but only upon the terms and
conditions set forth in this Ordinance and subject to the provisions of this
Ordinance, to all of which the respective holders of the bonds agree. Such
written acceptance shall be filed with the City Clerk and a copy thereof shall
be placed in the bond transcript. Any succe s sor Trustee shall also become
the Paying Agent and shall have all the powers herein granted to the original
Section 14. That (a) the terms of this Ordinance shall constitute a
contract between the City and the holders and registered owners of the bonds
and no varia tion or change in the undertaking herein set forth shall be made
while any of'these bonds are outstanding, except as hereinafter set forth in
time for and on his own behalf or for and on behalf of all bondholders enforce
the obligations of the City by a proper suit for that purpose, according to the
(b) Subject to the terms and provisions contained in this Section and
not otherwise, the holders and registered owners of not Ie ss than seventy -five
percent (75%) in aggregate principal amount of the bonds then outstanding shall
Page 20
have the right, from time to time, anything contained in this Ordinance to the
the principal of or the intere st on any bond issued hereunder, or (b) a reduction
in the principal amount of any bond or the rate of interest thereori , or (c) the
creation of a pledge of tax revenues other than the pledge created by this
Ordinance, or Cd)a privilege or priority of any bond or bonds over any other
bond or bonds, or (e) a reduction in the aggregate principal amount of the bonds
Section 15. The City covenants that it shall not take any action or
may cause the intere st payable on the bonds to be subject to federal income
taxation. Without limiting the generality of the foregoing, the City covenants
tha t the proceeds of the sale of the bonds will not be used directly or indirectly
the meaning of Section 103 Cd)of the Internal Revenue Code of 1954, as amended.
Section 16. That the provisions of this Ordinance are separable and
in the event tha t any section or part hereof shall be heldto be invalid, such
Section 17. That all ordinance sand re solutions and parts thereof in
Section 18. That this Ordinance shall not create any right of any
until the bonds authorized by this Ordinance shall be issued and delivered.
Page 21
Section 19. That it is hereby ascertained and de cl are d that the above
authorized hereby are immediately needed for the preservation of the public
peace I health and safety and to remove existing hazards thereto. The improve-
ments cannot be made without the issuance of the se bonds I and therefore I it
is declared that an emergency exists and this Ordinance being necessary for
the pre servation of the public peace f health and safety shall be in force and take
APPROVED: <,
ATTEST:
g;:LI;J~/~ Mayor
(SEAL)
,
!
CERTIFICATE
STATE OF ARKANSAS )
)
COUNTY OF BAXTER )
hereby certifies that the foregoing pages, numbered 1 to 21, inclusive I are a
true and correct copy of Ordinance No . .",,9 t:,.fl of the City ,_adopted at a ..Ae~
session of the City Council of the City of Mountain Home, Arkansas, held at the
City Clerk
(SEAL)
I
J
ORDINANCE NO. 3c::,__:::r
by Act No. 468 of the Acts of Arkansas of 1949, as amended (nAct No. 468") r has, by
Ordinance No. 299, passed and approved March 27, 1972 ("Ordinance No. 299") , created
the Mountain Horne Municipal Parking Authority (the "Parktnq Authority"); and
WHEREAS, the City has, by Ordinance No. 308, passed and approved June 29,
1972 ("Ordinance No. 3081l) r authorized and directed the accomplishment of a Street and
Parking Project, consisting of the acquisition of lands for and constructing off-street
parking facilities and paying necessary expenses incidental thereto (including expenses
of issuing bonds) r and has provided for the financing of the Street and Parking Project
by the issuance of the City's Municipal Street and Parking Revenue Bonds, dated August 1,
1972, in the principal amount of $450,000 (the "bonds") , under the provisions of the
Constitution and laws of the State of Arkansas, including particularly Act No. 317 of
WHEREAS, the bonds have been issued, sold and delivered and the Parking
Authority has commenced the Street and Parking Project as authorized and directed by
WHEREAS, the purchasers of the bonds have requested that the Parking Authority
execute and deliver appropriate instruments to evidence the statutory mortgage lien of ~
the bondholders upon the lands I improvements and facilities acquired from the proceeds
Home, Arkansas:
Section 1. That the Parking Authority be, and it hereby is, authorized to
execute and deliver to Peoples Bank & Trust Company, Mountain Home, Arkansas, Trustee
evidencing the statutory mortgage lien provided for in Act No. 468 in favor of Peoples
Bank & Trust Company, as Trustee for the holders of the bonds, upon the lands, improve-
Section 2. That it is hereby ascertained and declared that the holders of the
bonds are entitled to the benefits of the statutory mortgage lien provided for in Act No.
468 and that the authority conferred by this Ordinance is necessary for the full
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.
City Clerk
(SEAL)
1
I
CERTIFICATE
STATE OF ARKANSAS
COUNTY OF BAXTER
certifies that the foregoing pages are a true and correct copy of Ordinance No.
Mountain Home, Arkansas, held at the regular meeting place of the City Council in
the City at 7'30 P.m., on the /J day of )ku~ , 1973, and that
the Ordinance is of record in Ordinance Record Book No. ;;5 at Page //5
now in my possession.
City Clerk
(SEAL)
,
J
NOTICE OF AND CONSENT TO MEETING OF COUNCIL
Mountain Home
at the regular meeting place of the Council in the City 0f
. . i
and for the transaction of such other business as may properly come before
..•.,.
ORDINANCE NO. 364
ENACTED THE 18 DAY OF JUNE, 1973 AND DECLARED EFFECTIVE FROM AND
AFTER ITS PASSAGE.
ATTEST:
Part swts NEt and part of the Nwt sEt of Section 5, Township 19
North, Range 13 West, described as follows: Beginning at the
C t corner Section 5, and run North 0 deg. 58' East 845 feet to
the right of way of State Highway No.5 as it now exists, run
thence South 48 deg. 30' East along said R-W 58.3 feet, thence
South 28 deg. 41' East 619.75 feet, thence South 46 deg. 20'
West along said fence 190.03 feet, thence South 76 deg. 14' 15"
West along fence 400.17 feet to the t section line, thence North
o deg. 58' East along said t section line 126.3 feet to the C t
corner and the point of beginning.
ENACTED THE 2ND DAY OF JULY, 1973, AND DECLARED EFFECTIVE FROM AND
AFTER ITS PASSAGE.
MAYOR W. W. DICKERSON
ATTEST:
MAYOR W. W. DICKERS~
ATTEST:
ALSO that part of the sEt of the swt of Section 10, Twp. 19 N.
Range 13 West shown at Rural Survey Record B, pa~e 120,
described as follows: Part of the sEt of the SW4 of SectionlO
Twp. 19 North, Range 13 West, described as Beginning at the NE
corner of said forty and run North 89° 52' West 328.3 feet to
the NERy1W line of County Road thence South 58° 50' East
along the R/W line 300 feet, thence South 16° 46' East 112.6
feet, thence North 73° 40' East 33.5 feet,rthence North 1°
20' East, 255.4 feet to the point of beginning, containing
.82 acres, more or less, containing in the aggregate herein
26.32 acres, more or less.
ORDINANCE NO. 367 CONTINUED
gf9!/j)~
MAYOR W. W. DICKERSON~
ATTEST:
Attest;
MAYOR W. W. DICKERSON
ATTEST:
r3au/4£V.~
ORDINANCE NO. 370
ATTEST:
WHEREAS, after due notice as required by law, the City Council of the
City of Mountain Home, Arkansas, has heard all persons desiring to be heard
and has ascertained that said Petition was signed by persons owning the
majority in value of real property within said territory, and;
APP:i/d~
MAYOR W. W. DIC~ERSON
ATTEST:
Section II- This Ordinance being nee;essary for the protection of the
health, safety and welfare of the citizens of Mountain Home, Arkansas,
an emergency is hereby declared to exist and this Ordinance shall be in
full force and effect from and after its passage, approval, recording,
and publication as provided by law.
APPROVED, .~
sfd/~~
MAYOR w. W~CKERSON
ATTEST:
ORDINANCE NO. 373
WHEREAS, such landscaping will be for the improvment of the ecology and
the orderly growth of the City of Mountain Home, Arkansas; and
Section 3. Any person who violates this act shall be deemed guilty of
committing a misdemeanor and shall be fined not less that ten (10) or more
than two hundred (200) dollars, and each day said violation occurs shall be
deemed to be a new violation.
ATTEST:
SECTION 1. Definitions:
SPAYED FEMALE: Any bitch which has been operated upon to prevent
conception.
SECTION 2. Ehforcement:-
The provisions of this ordinance shall be enforced by the
Warden of the City of Mountain Home.
SEerIaN 3. Restraint:
The owner shall keep his dog under restraint at all times and
shall not permit such dog to be at large, off the premises or property of
the owner, unless under the control of a competent person.
SECTION 4. Impoundment:
(a) Unlicensed dog, or dogs found running at large shall be
taken up by the Animal Warden and impounded in the shelter designated as
the City Animal Shelter, and there confined in a humane manner for a
period of not less than three (3) days, and may thereafter be disposed
of in a humane manner if not claimed by their owners. Dogs and cats not
claimed by their owners before the expiration of 10 days may be disposed
of atme descretion of the said authority, except as hereinafter provided
in the cases of certain dogs and cats.
(b) The Animal Warden may transfer title of all animals held
by it at its animal shelter to the Humane Society after the legal detention
period has expired and the animal has not been claimed by its owner.
(c) When dogs are found running at large, and their ownership
is known to the Animal Warden, such dogs need not be impounded, but the
agent may, at his descretion, cite the owners of such dogs to appear in
court to answer to charges of violation of this ordinance.
(e) Animals other than dogs and cats shall be impounded when
found running at large within the city limits and disposed of in accordance
with law.
(c) No wild animal may be kept within the city limits, except
under such conditions as shall be fixed by the City of Mountain Home,
provided, however, that wild animals may be kept for exhibition purposes
by circuses, zoos, and educational institutions in accordance with such
regulations as shall be established by the City of Mountain Home.
Page 2 of 5
ORDINANCE NO. 374 Continued
(b) Upon demand made by the Animal Warden, the owner shall
forthwith surrender any animal which has bitten a human, or which is
suspected as having been exposed to rabies, for supervised quarantine
which expense shall be borne by the owner, and may be reclaimed by the
owner if adjudged free of rabies, upon payment of fees set forth in
Section 8 of this ordinance, and uponcomplianc.e of licensing provisions.
Page 3 of 5
ORDINANCE NO. 374 Continued
Page 4 of 5
ORDINANCE NO. 374 Continued
Page 5 of 5
ORDINANCE NO. 375
WHEREAS, a petition was filed with the County Clerk of Baxter County,
Arkansas, by the real estate owners of the land hereinafter described, pray
that said land be annexed to and made a part of the City of Mountain Home,
Arkansas, and
WHEREAS, the time fixed by law for appea ling from said order of
annexation made by the County Court has expired, and no appeal has been
taken from said order, and
All of the North 3/4 of the NEt swt lying East and South
of the Shipps Ferry Road as now located, containing 28
acres, more or less.
Also all the NEt sEt except the tract described as follows:
Begin at the NE corner thereof and run S. 236.2 ft. along
the E. line thereof to a point, run thence W. 210 ft. run
thence N. 236.2 ft. to the N. line of said NEt sEt run thence
E. 210 ft. along said line to the point of beginning, containing
herein 38 3/4 acres, mil all in Sec. 16, Township 19 North,
Range 13 West.
A part of the swi NEt and a part of the sEt NWi, Sec. 16,
T-19-N, R-13-W, Baxter County, Arkansas, described as
follows: Beginning at the NW corner, swt NEt, Sec. 16,
T-19-N, R-13-W, run thence S. 23 deg. 26' E. 65.4 ft. to
the point of beginning; run thence East, 300.0 ft. along
the south R/W line of 16th St. ( Arkana Road ); thence South
260.0 ft.; thence S. 26 deg. 06' W, 327.4 ft.; thence S. 44
deg. 29' W. 398.1 ft. to the northeast side of a 100ft. A P & 1
power line R/W; thence N. 48 deg. 47' W. 2707ft. along
the northeast side of the 100 ft. A P & L power line R/W to a
point where it intersects the southeast R/W line of Shipps
Ferry Road (Highway 201); thence Northeasterly, 770.0 ft.
parallel ,to the curve of the southeast R/W line of Shipps Ferry
Road to the point of beginning. Containing 6 acres more or
less, later to be known asCommercial Tract "A", Lynnwood
Subdivision, Mountain Home, Arkansas.
APPROVED:
~
Mayor Pro-Tern Walter Wagner
ATTEST:
(May~r J. E. Flanders
'--'
ATTEST:
WHEREAS, the City of Mountain Home, Arkansas, has been and will
benefit by selling water to surrounding water systems, and;
CONDITIONS:
(1) Customer must contract for its Maximum Day use which
will be known as RESERVED CAPACITY. For the purpose of determining the
RESERVED CAPACITY, it will be assumed that the Maximum Day will occur during
the months of July or August and any increase in the daily take during this
period will automatically become the basis for determining the CAPACITY
CHARGE thereafter. In no case will customers contracted RESERVED CAPACITY
be less than 5.31% of its estimated Maximum Month use.
CAPACITY CHARGE:
A flat monthly charge determined by the applicantion of
Customers RESERVED CAPACITY in millions of gallons, or fraction thereof, to
the rate of $1,352.00 per million gallons.
COMMODITY CHARGE:
(1) The Commodity Charge per 1,000 gallons supplied will
be determined each month on the basis of the actual cost of operation of
the Mountain Home water plant and well system, plus on-twelfth of annual
amount paid to U. S. District Engineer for water rights on Lake Norfork.
The total cost so obtained will be increased 7.5% to cover supervision
and the total amount will be divided by the gallonage outp~t of both plant
and wells and a cost per 1,000 gallons determined. This resultant cost
will be applied to the gallonage supplied to customer at City's metering
point.
MONTHLY CHARGE:
The monthly charge will be the capacity charge plus
the commodity charge and bills for same will be rendered on the 15th and
payable on the 25th of the following month.
LIMITATION:
The City reserves the right to limit the customers
served under this Schedule to that portion of its supply capacity over
and above the requirement of the City of Mountain Home.
Section II. That the City Council of the City of Mountain Home,
Arkansas recognizes the fact that there are currently several contracts
with improvement districts whose boundaries border the City of Mountain
Home, Arkansas and that the above rates shall apply to these improvement
districts and other contracts wherein the City is the seller of water
upon the renegotiation dates currently existing in the contracts. In
other words, all contracts should be made to conform with this Ordinance
at its existing negotiation date or sooner if possible.
Section IV. This Ordinance being necessary for the Health and
Welfare of the people of the City of Mountain Home, Arkansas, and emergency
is hereby declared to exist and this Ordinance shall be in effect upon and
from its passage.
APPROVED:
~:oiJ. E. Flanders
ATTEST:
SECTION I. That from and after the inactment and passage of this
ordinance all private clubs selling intoxicating beverages created and
existing by virtue of Ark. Stat. Ann. Sec. 48-1410, situated within the city
limits of the city of Mountain Home, Arkansas, shall pay to the City Clerk
or City Treasurer one half (!) of the amount of the annual permit fee
(state fee at present is $500.00) charged by the state of Arkansas,
($250.00), as provided by the above quoted statute, or one half (!) of that
rate for an annual permit fee as may be amended by said Arkansas statute.
SECTION II. That from and after the inactment and passage of this
ordinance all private clubs within the city of Mountain Home, Arkansas shall
pay to the City Clerk or City Treasurer the sum of one half (!) of the gross
proce.eds or gross rec1}pts tax as provided by Ark. Stat. Ann. Sec. 48-1410
(at the present time ~) as the present charge under the state statute is
JB%./2~f the aforementioned state statute be amended in.the future raising
or-lowering the gross receipts and gross proceeds tax from its' current 10%
rate, the rate as fixed by this ordinance shall be one half ct)
thereof.
SECTION III. That the City Clerk and City Treasurer are hereby to
promulgate reasonable rules and regulations for the inforcement and collection
of the taxes levied herein including requiring each permittee to maintain
records showing charges for mixed drinks or for the cooling and serving of
beer and wine.
SECTION IV. If any permi ttee shall fail to remit any fee or taxes
levied by this ordinance then the City Clerk and the City Treasurer shall be
authorized to revoke said permit. Said failure to remit any of the fees or
taxes provided herein shall also be deemed a misdemeanor punishable by a
sum of not less than $150.00 and not more than $500.00 and each separate day
said annual permit fee or taxes remains unpaid shall be a separate offense.
APPROVED:
.------:.
~ f".~-\- ~\jh ...'--0\.. v,>---
\.
~~or J. E. Flanders
ATTEST:
ORDINANCE NO. 388
WHEREAS, the time fixed by law for appealing from said order
of annexation made by the County Court has expired, and no appeal has
been taken from said order, and
APPROVED:
Mq~or 3. E. Flanders
~ .
ATTEST:
APPROVED:
ATTEST:
ORDINANCE NO. 390
APPROVED:
ATTEST:
WHEREAS, this same request was presented to the Council on June 18,
1974 and approved; and
SECTION 1: That the boundary line for the city's four (4) Wards
shall be changed as follows:
Ward III shall include all the territory west of College Street
and south of Sixth Street.
SECTION 3: That this ordinance being necessary for the peace, health
and safety of the residents of the City of Mountain Home, Arkansas, an
emergency is declared to exist and this ordinance shall be in full Dorce and
effect from and after its enactment and approval.
ATTEST:
WHEREAS, after due notice as required by law, the City Council of the
City of Mountain Home, Arkansas has heard all persons declaring to have an
interest therein and has ascertained that said petition was signed by persons
owning the majority in value of said property; and
WHEREAS, petition was filed in the County Court of Baxter County, Mountain
Home, Arkansas and after a hearing in said Court, an order was taken on
February 15, 1974 in which it was determined that notice of hearing on such
petition was published as required and that the petition was in proper order;
A part of the sEt NWt and a part of the swt NEt Section 8,
Tounship 19 N. Range 13 West, described as follows: Begin-
ning at the ct corner Section 8, run S. 89 d~g. 47' W. 197.78
ft., thence N. 15 deg. 27' 15" E. 91.04 ft. to fence corner,
thence N.' 85 deg. 41' E. 128.17 ft. along fence to fence
corner; thence South along fence 12' to fence corner; thence
N. 87 deg. 30' E. along and in line with fence 1034 ft.to
center of Dodd Creek, thence along center of Dodd Creek to
the South line of th€ swt NEt; thence S. 87 deg. 45' W. along
said South line 1254.35 ft. to the ct corner and the point
of beginning, containing 2.4 acres, more or less.
That said property should be zoned R-l; that said property is annexed to
and made a part of Water and Sewer District Number 3 of Mountain Home, Arkansas
for the purposes of constructing extentions for water and sewer in the manner
as the commissioners of Water and Sewer Improvement District Number 3 man deem
to be in the best interest of the district; and that the city should place the
aforementioned property in the appropriate ward for voting purposes.
c~~'-'-'L~
Mayor J. E. Flanders
WHEREAS, the benefits received by each and every block, lot and parcel
of real property situated in the District equal or exceed the total assessment
thereon; and
Section 1. That the several blocks, lots and parcels of real property
in the Annexation be assessed according to the assessment list for the
Annexation as the same now remains in the office of the City Clerk, and that
5% of the assessment of each of the blocks, lots and parcels shall be collected
by the County Collector with the first installment of general taxes becoming
due in the year 1975 and annually thereafter with the first installment of
general taxes until the whole of the total assessment shall be paid.
APPROVED:
lv~
MaG\ J. E. Flanders
ATTEST:
AN ORDINANCE AMENDING ORDINANCE NO. 163 WITH REFERENCE TO ZONING WITHIN THE
CITY LIMITS OF THE CITY OF MOUNTAIN HOME, ARKANSAS, RELATIVE TO CHANGING AREA
ZONED AS RESIDENTIAL R-l TO COMMERCIAL C-2
ENACTED THE 15TH DAY OF APRIL, 1974 and declared effective from and
after its passage.
APPROVED: [,~~
~ Flanders
ATTEST:
WHEREAS, it has come to the attention of the City Council of the City
of Mountain Home, Arkansas that Section 1 and Section 2 of said Ordinance
should be amended and specifically with respect to rates to be charged for
water and sewer services, and;
That the rates which have been found as reasonable by the City Council
of the City of Mountain Home, Arkansas to be furnished by the City's Water
Work's System are as follows:
MONTHLY RATE
MINIMUM CHARGE
Residential Customers
3/4" Meter $ 2.50 per month
Commercial and Industrial Customers
3/4" Meter 3.75 per month
tt
1" " 6.25 "
1 1/4" " 9.40 " "
1 1/2" " 12.50 " "
2" " 25.00 " "
3" " 50.00 tt tt
rt
4" 75.00 " "
292.50 "
II
6" "
8" t t
607.50 " "
PAYMENT
The above rates are net and bills are rendered monthly. If customers
ke.pe~\
pay by the 10th the net bill will apply. After ten days an additional
10% penalty will be added and after 20 days, the bill is delinquent and
the City will discontinue service and, in addition to the delinquent amount
there will be a $3.00 reconnect charge to reinstate the service.
WATER BILLS FOR SERVICE ARE PAYABLE AT THE CITY HALL IN MOUNTAIN HOME.
FIRE PROTECTION
No water for any other purpose tham for fire protection will be used
through any fire protection facilities.
Section 2. That the Sewer rates which have been fixed as the rates to
be charged for sewer services furnished by the City of Mountain Home, Arkaasas
Sewer System and which the City Council of Mountain Home, Arkansas has found
to be reasonable and necessary are as follows:
AVAILABILITY
MONTHLY RATE
PAYMENT
The above rates are net and bills are rendered monthly on the same
statement that bills for water service are rendered. If customer pays by the
10th the net bill will apply. After ten (10) days an additional 10% penalty
will be added and after twenty (20) days the billis delinquent and the City
will discontinue water service.
All rates will be increased one hundred per cent (100%) over rates applying
to customers inside of City Limints.
Re..
Section 3. That that part of Ordinance No. 268 in conflict with the
rates above mentioned is hereby amended to conform so that the rates in this
Ordinance shall be the rates to be charged.
APPROVED:
~""'-~'--Z e: -\-~~
MGO? J. E. Flanders
AITEST:
TRACT 1:
TRACT 2:
TRACT 3:
TRACT 4:
TRACT 5:
ENACTED THE 6th day of May, 1974. AND DECLARED EFFECTIVE FROM AND AFTER
ITS PASSAGE.
APPROVED:
~yor J. E. Flanders
ATTEST:
That the following real estate in Baxter County, Arkansas, be and is here-
by changed in zoning from Residential R-l to Commercial C-3:
Lots 1, 11, 12, 13, 14, 15, 24, and Tract A, Springpark
Subdivision as shown in the recorded plat thereof.
APPROVED:
ATTEST:
Section 1. From and after the effective date of this ordinance there shall
be created in the Treasury of the City of Mountain Home, Arkansas a special fund
to be titled 'The Mountain Home, Arkansas Policemen's Benefit Fund' which shall
be maintained by the City Clerk and the City Treasurer.
Section 2. That from and after the effective date of this Ordinance the
Municipal Court of the City of Mountain Home, Arkansas is hereby empowered to
collect from each defendant found guilty in said Court of an offense committed
within the City Limits of the City of Mountain Home, Arkansas One Dollar
($1.00) which shall be paid from said Court at regular intervals to the City
of Mountain Home, Arkansas into the City of Mountain Home Policemen's Benefit
Fund to be used in said fund as hereinafter described.
Section 3. That from and after the effective date of this Ordinance
there shall be created a Board of Trustees whose duty it shall be to supervise
the City of Mountain Home Policemen's Benefit Fund. Said Board shall consist
of four (4) members; the Mayor, a member of the police force to be elected to
the Board by them, the City Clerk and Treasurer. It shall be the duty of the
forementioned members of the Board of Trustees to invest the monies held by
the City in its treasury for the policemen's benefit fund so that same draws
reasonable interest. It shall be the further duty of the Board of Trustees to
promulgate from time to time the rules and regulations under which retired
policemen, injured policemen or policemen deserving special consideration
shall be paid benefit funds. It shall be further the duty of the Board of
Trustees to promulgate conditions under which families of policemen killed
in the line of duty shall receive benefits. The aforementioned rules and
regulations which are to be drafted by said Board of Trustees shall be
approved by the Council as well as any amendments thereto.
Approved:
ATTEST:
TRACT 3':
APPROVED:
~2-.~
(-MaYOr J. E. Flanders
ATTEST:
TRACT NO.1: (Owned by John W. Kemp and Jean E. Kemp, His wife)
ENACTED THE 3rd DAY OF JUNE, 1974. AND DECLARED EFFECTIVE FROM
AND AFTER ITS PASSAGE.
APPROVED:
ATTEST:
NOW, THEREFORE, the City Council for the City of Mountain Home,
Arkansas in order to provide for the orderly growth of the City of Mountain
Home, Arkansas hereby ordains:
Mayor J. E. Flanders
ATTTEST:
APPROVED:
Flanders
ATTEST:
Weed Ordinance
ORDINANCE NO. 404
Section I. That from and after the effective passage of this ordinance
all child care and pre-school facilities shall be required to obtain a City
License in order to operate said facility in the sum of $25.00 on an annual
ba sis.
Section II. That from and after the effective date of this ordinance
all child care and pre-school facilities shall be required to meet all City,
State and County health and sanitation laws, all City, State and County
licensing laws and fire codes.
Section III. That from and after the effective date of this ordinance
any child care facility or pre-school facility not complying with the health~
safety and fire codes aforementioned or failing to obtain a license as pre-
scribed herein shall be closed until said facilities have corrected the hazards
found existing therein or obtaining a license hereunder.
Section IV. That from and after the effective date of this ordinance
should any child care facility or pre-school facility be reported in violation
of this ordinance the City Engineer, Health Officer or other authorized City
Agent shall investigate the report and if it is determined that the facility
is in violation of this ordinance the City shall give notice by registered
mail said violation and the recipient thereof shall have twenty (20) days
within which to correct the deficiency. If the conditions complained of at
the existing facility have not been corrected within the twenty (20) day
period aforementioned, then the City authority shall close the facility and
revoke the owner's license.
~'2-~~
~yor J. E. Flanders
AN ORDINANCE PROVIDING REQUIREMENTS FOR PETITIONS FOR ANNEXATION
AND OTHER MATTERS RELATING THERETO.
WHEREAS, the City Council of the City of Mountain Home, Arkansas deems
it necessary to refine and specifically state requirements for petitions for
annexation of lands to the City; and
~i..~~
~ayor J. E. Flanders
Annex8tion requirements
ORDINANCE NO. 406
Tract 1:
Tract 2:
Tract 3:
Tract 4:
Tract 5:
Tract 6:
ENACTED THE 5th DAY OF AUGUST, 1974. AND DECLARED EFFECTIVE FROM AND
AFTER ITS PASSAGE.
APPROVED:
ATTEST:
ORDINANCE NO. 407
Section II. That this Ordinance being necessary for the welfare
of the citizens of Mountain Home, Arkansas an emergency is declared to
exist and it shall be in effect from and after its passage.
APPROVED:
ct;:;-~-l-a-n~-d-:r-ls--~ __ -----
ATTEST:
'Preliminary plat approval shall expire one (1) year from date of
approval by the Planning Commission, provided there is no performance
in required improvements on the part of the subdivider.'
Section VIII. That Chapter 3, Article 3-8, Final Plat be added as follows:
The Subdivider shall present the following materials to the City Engineer
at least ten days prior to the meeting at which consideration is required:
The "as built" specifications and "as built" original tracing of the
paving, water, sanitary sewer, and drainage plans shall be presented
to the City Engineer as soon as the improvements are completed. The
City Engineer shall enter the date of receipt on these materials.
The Planning Commission shall approve or disapprove the Final Plat with-
in 45 days of receipt thereof; otherwise said Final Plat shall be deemed
to have been approved, and the certificate of said Commission as to the
date of submission of said Final Plat for approval and as to the failure
to take action thereon within such time shall be sufficient in lieu of
approval. In the case of plats including land located outside of the
City of Mountain Home, the period shall be 60 days.
Before the Final Plat is recorded in the office of the Circuit Clerk
and Ex-Officio Recorder, the subdivider shall submit the Plat to the
City Council, if the subdivision is located inside the city limits of
Mountain Home or to the County Judge, if the subdivision is located
outside the city limits, for it/his acceptance of public dedications.
Until the public dedications and improvements have been accepted by
the County Judge or the City Council, any plat shall not be eligible
to be recorded.
Arterial 5%
Collector 7%
Minor 12%
respect to improvements.
Section XIII. That this Ordinance being necessary for the protection
of the public health, safety and welfare an emergency is hereby declared to
exist and this Ordinance shall be in full force and effect from and after
its passage.
APPROVED:
~~'-Z L-\-~
~or J. E. Flanders
ATTEST:
WHEREAS, the City Council of the City of Mountain Home, Arkansas has
reviewed the current rates being charged for sprinkler fire protection
systems; and
1. 4" line----------------$200.00
tection
This Ordinance being necessary for the health, welfare and safety, an
emergency is hereby declared to exist and this Ordinance shall be in full
force and effect from and after the date of its passage.
ATTEST:
SPRINKLER RATES
ORDINANCE NO. 410
WHEREAS, after due notice as required by law, the City Council of the City
Mountain Home, Arkansas, has heard all persons desiring to be heard and has
ascertained that said Petition was signed by persons owning the majority in
value or real property within said territory: and
APPROVED:
ATTEST:
WHEREAS, a petition was filed with the County Clerk of Baxter County,
Arkansas, by real estate owners of the land hereinafter described praying
that said lands be annexed and be made a part of the City of Mountain Home,
Arkansas, and;
WHEREAS, on the 2nd day of July, 1974, the County Court of Baxter
County, Arkansas, found that said petition was signed by all the fee
simple owners of said property; that the territory is contiguous with the
present corporate limits of the City of Mountain Home, Arkansas; that
accurate plats or maps of said territory showing its relation to the present
City had been filed and made a part of said annexation petition; and proper
notice had been given of the time and in the manner prescribed by law; and
the said lands and territory should be annexed to the City of Mountain Home,
Arkansas, subject to the acceptance of the same by the City Council of the
said City at the proper time as provided by law, and;
WHEREAS, the time fixed by law for appealing said order of annexation
made by the County Court has expired, and no appeal has been taken therefrom,
and;
WHEREAS, after due notice as required by law, the City Council of the
City of Mountain Home, Arkansas, has heard all persons desiring to be
heard and has ascertained that said petition was signed by all the owners
of said real property in said territory,
APPROVED:
Flanders
ATTIEST:
TRACT 1:
APPROVED:
~<C"~
L'~Fl?nderS
ATTEST:
ARTICLE XXI
This Lease may at the option of the Lessee be renewed or extended from
year to year, each at an annual rental of onethousand dollars ($1,000) and
otherwise upon the terms and conditions herein specified and shall be deemed
to be automatically so renewed or extended, unless and until notice be given
in writing by the Lessee at least thirty (30) days before the end of the
original term of this Lease, or any yearly renewal or extension thereof, of
its intention to terminate the Lease as of the end of such period, in which
event the Lease shall terminate in accordance with such notice; provided
that no such renewal or extension shall extend the period of use and occupancy
by the Lessee beyond the maximum permitted by law; and further provided that
at the expiration of the initial term or any extension term and for a period
of ninety (90) days thereafter (if the purchase options under the provisions
of Section 20.1 of Article XXI have not been exercised) Lessee shall have
the unconditional right and option to purchase the entire leased premises at
a price of $1,000.00.
Section 3: That the Mayor and City Recorder be, and they are hereby,
authorized and directed for and on behalf of said City of Mountain Home to
do all things, execute all instruments and otherwise take all action
necessary to execute an Amendment to the Lease and Agreement between the
City of Mountain Home, Arkansas, as lessor dated April 16,1963, originally
with Baxter Laboratories, Inc. as lessee.
_F_~_a_n_~-:-e_r_~_·x..iR.-
_ __ J-_-..-d_~_·
_r- _
WHEREAS, a petition WES filed with the County Clerk of Baxter County,
Arkansas, by the real estate owners of the land hereinafter described,
praying that said land be annexed to and made a part of the City of
Mountain Home, Arkansas; and
WHEREAS, on the 22nd day of July, 1974, the County Court of Baxter
County, Arkansas, found that said petition was signed by all of the fee
simple owners of the said property; that the said territory is contiguous
to the present corporate limits of the City of Mountain Home, Arkansas;
that accurate plats or maps of said territory showing its relationship
to the present city had been filed and made a part of said annexation
petition; that proper notice had been given for the time and in the manner
prescribed by law; that said lands and territory should be annexed to the
City of Mountain Home, Arkansas, subject to the acceptance of same by the
City Council of said city at the proper time as provided by law; and
WHEREAS, the time fixed by law for appealing from said order of
annexation made by the County Court has expired, and no appeal has been
taken from said order; and
WHEREAS, after due notice as required by law, the City Council of the
City of Mountain Home, Arkansas, has heard all persons desiring to be
heard and has ascertained that said petition was signed by all the owners
of the real property in said territory; and
No.3 of the City of Mountain Home, Arkansas, may deem to be the best
interest of the said District. The costs thereof may be assessed upon
the real properties hereinabove described as benefits thereto.
APPROVED:
~ey~VVL-L'C, --\- ~
~yor J. E. Flanders
ATTEST:
APPROVED:
ATTEST:
APPROVED:
~~'C.~~
- Mayor J. E. Flanders
ATTEST:
APPROVED:
~~ c,~--r-~~
C-----------
Mayor J. E. Flanders
ATTEST:
/ I
City Clerk Penelope R. Feist
That the following item should beiadded to the items under the
Thirty Donnalr ~30.00} annual occupation fee. Restaurants, cafes,
cafeterias (not to include diners a~d lunch rooms) up to 1200
square feet serving area.
That the following item should be added to the items under the
$50.00 annual fee: Restaurants, cafe~1 and cafeterias over 1200
square feet serving area (not include ~iners and lunch rooms).
APPROVED:
~,~ [.--+~~~
c:\----------.,----
Mayor J. E. Flanders
ATTEST:
Amendment to Oc
WHEREAS, there is immediate need within the City of
Mountain Home, Arkansas for more extensive and adequate facilities
for public recreation and areas. The City Council of the City of
Mountain Home desires to furnish, manage and coordinate said
facilities for public recreation and,now, therefore, be it
ordained by the City Council of the City of Mountain Home, Arkansas:
~'L~
M~r J. E. Flanders
and operates water and sewer facilities, which water and sewer facilities are
should be made to the System in order that the City and its inhabitants may
construction I which have been examined and approved by the City Council
and a copy filed in the office of the Recorder where it may be inspected by
construction but can obtain the necessary funds for paying the cost of the construction
and Sewer Revenue Bonds in the principal amount of $100, 000 with the balance
Refunding and Construction Revenue Bonds, Series A and Series B dated July I,
I
1969 (collectively the "1969 Bond s ") I authorized by Ordinance No. 235, adopted
Page 2
WHEREAS, the City has entered into a Loan Agreement with the United
131 of the Acts of Arkansas of 1933, as amended, and Act No. 132 of the Acts
City Clerk are hereby authorized to take, or cause to be taken, all action necessary
to accomplish the construction and to execute all required contracts and documents.
interest at the rate of 5%per annum is hereby accepted, and the bonds are
Section 3. That the City Council hereby fin ds and declares that
the period of usefulness of the System after completion of the construction will
State of Arkansas, including particularly Act No. 131 of the Acts of Arkansas
of 1933, as amended, Act No. 132 of the Acts of Arkansas of 1933, as amended,
and applicable decisions of the Supreme Court of the State of Arkansas, including
City of Mountain Home, Arkansas, Water and Sewer Revenue Bonds are hereby
authorized and ordered issued in the principal amount of $100, 000, the proceeds
of the sale of which are necessary to finance the cost to the City of the construction,
the bonds and to pay Interest during construction. References in this Ordinance to the
unqualified word "bonds" shall, unless the context requires otherwise, be deemed
reference to the permanent bonds a uthorized by this Section 4 and not to the temporary
bonds authorized by Section 6 (b). The bonds shall be dated a s of the date of their
delivery and shall bear interest at the rate of five percent (5%) per annum. Interest
following the date of the bonds. The principal of the bonds shall be payable
year, beginning the third January I after the date of the bonds, until the principal
of the bonds, with interest, is fully paid, except that final payment of the
bonds shall be due and payable forty (40) years from the date of the bonds,
or assigns , "as "set forth hereinafter in the permanent bond form, and shall
(except upon final payment) and such payments shall discharge the obligation
of the City to the extent thereof. The City Clerk shall keep a payment record
and make proper notations thereon of all payments of principal and interest ..
of the United States of America which, as at the time of payment shall be legal
tender for the payment of debts due the United States of America. When the
principal of and interest on any bond has been fully paid, the bond shall be
the Mayor and City Clerk and shall have impressed thereon the seal of the
City. The bonds are not general obligations of the City but are special obligations,
Page 4
the principal of and interest on which are secured by a pledge of and are
payable from revenues derived from the System. T£e pledge of System revenues
is subordinate to the pledge in favor of the 1969 Eonds. The bonds and interest
thereon shall not constitute an indebtedne ss of the City within any constitutional
or statutory limitation.
form and the Mayor and City Clerk are hereby authorized and directed to make
for value received, hereby acknowledges itself to owe and promises to pay.
to the registered owner, or assigns, solely from the special fund provided
at the time of payment shall be legal tender for the payment of debts duethE(
of the entire indebtedness, if not sooner paid, shall be due and payable forty·
be made, except for final payment, without presentation and surrender of thiS
bond, dtrectly to the registered owner at his address shown on the bond registration
book of the City, and such payments shall fully discharge the obligation of
to the water and sewer facilities of the City f which facilities are
and issuing the bonds and paying interest during construction (with the bala
and is issued pursuant to and in full compliance with the Constitution and
of the State of Arkansas, including particularly Act No. 131 of the Actsbf
"Authortztnq Ordinance") .
be made from funds from any source at any time at the option of the City
any constitutional or statutory limitation or provision, and the taxing power ....
of the City is not pledged to the payment of the principal of or interest 01'1
the bond. This bond is a special obligation payable solely from revenues
from the operation of the System. In this regard, the pledge of System
Sewer Refunding and Construction Revenue Bonds I Series A and Series B, dated July 1/
Page 7
1969 (collectively the "1969 Bonds"), so long as any of the 1969 Bonds are
ha s been duly set a side and pledged a s a special fund for that purpose, identified
as the "1975 Water and Sewer Revenue Bond Fund," created by the Authorizing
Ordinance. The City has fixed and has covenanted and agreed to maintain
rates for use of the System which shall be sufficient at all times to at least
provide for the payment of the reasonable expenses of operation and maintenance
of the System, provide for the payment of the principal of and interest on all
the outstanding bonds to which System revenues are pledged as the same become
due, to establish and maintain debt service reserves and to provide a depreciation
This bond may be assigned, and upon assignment the assignor shall
promptly notify the City Clerk by registered mail, and the assignee shall surrender
this bond to the City Clerk for transfer on the registration records. Every
assignee shall take this' bond subject to all payments and prepayments of principal
and interest (as reflected by the Payment Record maintained by the City Clerk) ,
conditions and things required by the Constitution and statutes of the State
of this bond, do exist, have happened and have been performed in ,regular
and due time, form and manner as required by law; that the bon d does not
has been made for the payment of the principal of and interest on this bond,
caused this bond to be executed in its name by its Mayor and City Clerk, thereunto
duly authorized, with the manual signatures of the MuY01-and City Clerk, and
ATTEST:
By __ ----:-:- _
Mayor
City Clerk
(SEAL)
Page 9
REGISTHT\TION CEBTIFICATE
==-D:..:::a~t;::.e~o~f~R:..:::c:.:::Jgc.=.i.:::.s.::.;tr.~a~t:::.:io:::.;n:..!.--..!.-.=-N:.;:a~m=e....:o:::.;f:c·_
.!.:R,""e~g..::.i.:::st.=..;c~r~ec.::d.
Owner: Signature of City Clerk
e e
e. • e •
.
e •.
e
e.
" -
Page 10
principal amount of not to exceed $100,000 may be issued for the purpose of
be sold at a price of IOO¢on the dollar, be dated the day of delivery I bear
interest at the rate of percent per annum and be payable two (2) years
from their date. Upon delivery of the permanent and definitive bonds, the
temporary bonds to the extent then outstanding, with accrued interest, shall
be exchanged for, or paid from the proceeds of, the permanent and definitive
bonds, and shall be canceled. The temporary bonds shall be typewritten and
No. $
of
DOLLARS
------------------
on r 19_, plus interest thereon from the date hereof at the rate of
percent per annum, payable one year from date and at maturity.
---
This bond is one of an issue of temporary bonds in an aggregate
amount not to exceed $100, 000 issued for the purpose of providing construction
of the System and from a pledge of the proceeds of the permanent and definitive
and Construction Revenue Bonds, Series A and Series B, dated July 1, 1969
(collectively the "1969 Bonds"), so long as any of the 1969 Bonds are outstanding.'
The City has fixed and has covenanted and agreed to maintain rates for use of the
System which shall be sufficient at all times to at least provide for the payment of
~QO
Page 12
for the payment of the principal of and interest on 0.11the outstanding bonds
to which System revenues are pledged as the same become due, to establish
and maintain debt service reserves and to provide a dep reci ation fund, all
as set forth in the bond ordinance. The City covenants and agrees that on
or before the maturity date hereof, this .and other such temporary bonds, to
the extent then outstanding, with accrued interest, shall be exchanged for,
or paid from the proceeds of, such permanent and definitive bonds.
This bond may be redeemed at any time prior to maturity, from funds
from any source, at a price of par and accrued interest to date of redemption
upon ten (lO) days prior written notice by first class mail to the owner hereof.
the issuance of this bond do exist, have happened and have been performed
caused this bond to be signed by the Mayor and City Clerk and sealed with
ATTEST:
Mayor
City Clerk
(SEAL)
~Ol
Page 13
of principal and interest thereon is insured, by the Government, the City shall,
at t.he option of the Government, prepay all or any part of any annual installment
of the due date of the annual installment. The aggregate of the monthly payments
made in anyone calendar year upon direction of the Government shall not
exceed the amount of the annual installment next due, but nothing herein shall
be construed to prohibit or restrict the City, at its option, from other prepayments
due. On each annual installment due date the City shall pay, as the balance
due on the annual installment, the difference, if any, between the amount of
the annual installment if no prepayments had been made and the aggregate
credits upon such annual installment. The amount of each monthly payment
shall be applied first to the payment of accrued Interest to the date of payment
on the unpaid principal balance due on the bond, and the balance shall constitute
affect the obligation of the City to pay and prepay annual installments in the
dollar amounts scheduled in the bond and as provided herein and such annual
installments shall be paid and prepaid until all principal of and interest on
The Mayor and Clerk shall, when and so often as requested by the
for the services of the System and reference is hereby made to the ordinance
fixing the rates for the details thereof and other p rovi srons pertaining thereto,
which water and sewer rates and provisions are hereby confirmed and continued.
The City covenants and agrees that the rates established will produce
of the System, pay the principal of and interest on all outstanding bonds to
which System revenues are pledged, as the same become due and the Paying
Agentl s fees, create and maintain debt service reserves, and to make the required
for the maintenance of the funds hereinafter described. The rates shall never
be reduced while any of the bonds are outstanding unless there is obtained
from a certified public accountant not in the regular employ of the City a certificate
reciting the opinion that the proposed new rates will produce sufficient net
revenues (net revenues 'being gross revenues to be derived during the next
twelve (12) months less the reasonably anticipated cost of operation and maintenance
for the next twelve (12) months and less the required deposits for depreciation
of the System for the next twelve (12) months) equal to not less than 120%
of the maximum amount that will become due in any year thereafter for principal,
interest and Paying Agent1s fees on all bonds then outstanding to which System
(Repl. -1968), a lien is fixed upon the land for any unpaid sewer charge, even
though the use of the System is by a tenant or Lessee instead of the owner.
:{03
Page 15
charge is not paid on or before the thirtieth day after the bill is rendered,
suit shall be brought to enforce the lien and to collect the amount due, together
the issuance of the 1969 Bonds, except those provisions clearly inapplicable
collection and the handling of revenue s and funds, to the operation, maintenance
and care of the System I and to the rights and. remedie s of the holders of the
bonds I 'are hereby made applicable hereto and are incorporated herein by
reference a s though fully set forth a t this point. The effect of the above covenant
shall be to continue the applicable provisions in full force and effect even after
the payment of the 1969 Bonds and 'untfl the bonds of this issue are paid, or
in any manner impair the security of the 1969 Bonds or the priority of the pledge
on revenue s in favor of the 1969 Bonds, but it is covenanted that when all of
the 1969 Bonds are paid (or the required provision made therefor) I that the
bonds of this issue will become first lien bonds in the sense that the pledge of
revenues derived from the operation at the System in favor of these bonds will
covenanted and agreed that the City will not issue or attempt to issue bonds
the System as a revenue producing undertaking and will not sell or lease the
same I or any substantial portion thereof, without the prior written approval
of the holders of the bonds of this issue; provided, however I· that nothing
herein shall be construed to prohibit the City from making such dispositions
of properties of the System and such replacements and substitutions for properties
Sewer Fund into the 1969 vVa1E::rworksand Sewer Revenue Bond Fund those
1969 Bonds and to establish and maintain the debt service reserve in
the 1969 Ordinance. When all outstanding 1969 Bonds have been paid,
principal and interest, or provision made for their payment, then the
transfers directed by this Section shall cease. Any balance remaining in the
Waterworks and Sewer Revenue Bond Fund shall be transferred to the Water-
Section 12. Water and Sewer Revenue Bond Fund. (a) After making
the required payments into the Waterworks and Sewer Operation and Maintenance
Fund created and being maintained pursuant to the 1969 Ordinance, and after
making the required payments into the 1969 Waterworks and Sewer Revenue
Bond Fund created and being maintained pursuant to the 1969 Ordinance, there
shall be paid into a special fund in the name of the City which is hereby created
and designated "1975 Water and Sewer Revenue Bond Fund" (the "Bond Fund"),
the sums in the amounts and at the times hereinafter stated in subsection (b)
for the purpose of providing funds for the payment of the principal of and
interest on the bonds as they mature, and to establish a debt service reserve.
(b) There shall be paid into the Bond Fund on the first business
day of each month until all outstanding bonds with interest thereon have been
paid in full or provision made for such payment, a sum equal to one-eleventh
(1/11) of the installment of interest, or principal and interest, due on the next
installment payment date (plus any additional amount that may be necessary
Page 17
at the time of the delivery of the bonds to fully provide for the first interest
bonds, until a debt service reserve shall have been accumulated in the amount
of $6,000. When the debt service reserve has been accumulated in the required
amount, the monthly payments into the Bond Fund may be reduced to one-twelfth
(1/12) of the installment of interest, or principal and interest, due on the next
installment payment date, but if the debt service reserve becomes impaired
(c) If the revenues of the System are insufficient to make the required
payment on or before the first business day of the following month into the
Bond Fund, then the amount of any such deficiency in the payment made shall
be added to the amount otherwise required to be paid into the Bond Fund on
(d) If, for any reason I the City Treasurer shall fail at any time
to make any of the required payments into the Bond Fund, or if for any reason
the Bond Fund shall be insufficient at any time to make the required payments
for principal and interest, as due I any sums then held in the debt service
reserve shall be used to the extent necessary in the payment of the principal
of and interest on the bonds I but such reserve shall be reimbursed from the
first available moneys in the Waterworks and Sewer Fund by the increased
monthly payments specified in (b) above .. The debt service reserve shall
(e) When the moneys held in the Bond Fund, including the debt
service reserve, shall be and remain sufficient to pay the principal of and
interest on all of the bonds then outstanding, the City Treasurer shall not
(f) 1.11 moneys in the Bond Fund shall be used solely for the purpose
of paying the principal of and interest on the bonds, except as -he'Iein specifically
provided. If a surplus shall exist in the Bond Fund over and above the amount
necessary to insure the payment, when due, of principal and interest and over
and above the debt service reserve, such surplus shall, at the option of the
City, either (1) be used for the prepayment or redemption of bonds prior to
to the System or (3) be transferred to the Water and Sewer Revenue Fund.
the Bond Fund and to pay to the registered owner, on or before the date on
such installment. No withdrawal of funds from the Bond Fund shall be made
of all the revenues required to be placed into the Bond Fund. This pledge
this Ordinance, and the' City and its officers and employees shall execute,
perform and carry out the terms thereof in strict conformity with the provisions
of this Ordinance.
(i) Provision has been made for the payment of the principal of
and accrued interest on the temporary bonds from the proceeds of the permanent
bonds and the City shall not be required to make any payments into the Bond
Fund until delivery of the permanent bonds unless necessary to prevent a default
on the temporary bonds but the City covenants to make payments into the Bond
Fund at the times and in the amounts, 1£ any, necessary to prevent a default
Section 13. That any surplus in the Waterworks and Sewer Fund,
created and being maintained under and pursuant to the provisions of the 1969
Ordinance, after making the required deposit? in tho other funds as set forth
of this issue in the manner and upon the terms applicable to redemption
prior to maturity; or
issued therefor but subject to the provisions herein set forth pertaining to
parity bonds); or
check or voucher, signed by the City Treasurer and the Mayor, and drawn
on the depository. Each such check or voucher shall briefly specify the purpose
of the expenditure.
Section 17. As long as any of the bonds are outstanding t the City
shall not issue or attempt to issue any bonds having or claimed to be entitled
to a priority of lien on the revenues of the System over the lien securing the
bonds t including any and all future extensions t betterments and improvements
to the System.
c:{08
Page 20
by the City of additional revenue bonds to finance or pay the cost of constructing
additional bonds shall not be issued on a parity with the oustanding bonds
of this issue unless and until there shall have been procured and filed in the
office of the City Clerk a statement by a certified public accountant not in the
regular employ of the City reciting the opinion that the net revenues (net revenues
being gross revenues of the System less operation and maintenance expenses)
of the System for the fiscal year preceding the year in which such parity bonds
are to be issued were not less than 120%of the average annual debt service
by this Section 18, shall not be deemed to mean bonds the security and source
of payment of which are subordinate and subject to the priority of the bonds.
Section 18. It is covenanted and agreed by the City with the holder
or holders of the bonds that it will faithfully and punctually perform all duties
with reference to the System required by the Constitution and laws of the State
and collecting of reasonable and sufficient rates lawfully established for services
rendered by the System, segregating the revenues of the System and applying
them to the respective funds created by the 1969 Ordinance and this Ordinance.
Page 21
holders of the bonds that the City will maintain public liability insurance covering
the City's ownership and operation of the System, with maximum liability limits
of not less than $10f 000 for personal injury or death of a single person f $20fOOD
for personal injury or death of more than one person in a single accident or
occurrence.
Section 19. The City covenants that it shall not take any action or
may cause the interest payable on the bonds to be subject to federal income
taxation. Without limiting the generality of the foregoing f the City covenants
that the proceeds of the sale of the bonds will not be used directly or indirectly
the meaning of Section 103 (d) of the Internal Revenue Code of 1954, as amended.
Section 20. That the owner or owners of all improved property lying
within the area that will be served by the sewer facilities , after the proposed
construction has been completed, are hereby directed and required, upon written
request from the City, to connect all toilet and waste water facilities of such
improved property with the sewer facilities; and the owners of property that
is improved after the completion of the proposed construction shall, upon written
request of the City, immediately connect the toilet and waste water facilities
of such property with the sewer facilities. The required notice by the City
shall be given at least thirty (30) days prior to the final date for connection,
and if any property owner shall fail to make such connection after having been
his improved property with the sewer facilities after having been so requested
by the City shall be guilty of a misdemeanor and upon conviction shall be fined
in any sum not less than $2.00 and not more than $10.00, and each day's failure
or refusal after the expiration of the time fixed in the notice to make the connection
pertaining to a misdemeanor shall be effective only in the event that the City
Health Officer, or other duly designated individual or Board has found and
declared that such failure on the part of any particular property owner constitutes
a hazard to the publtc health and safety of the City and its inhabitants.
Section 21. That when the bonds herein authorized (temporary bonds
and permanent bonds) have been executed by the Mayor and City Clerk and
the seal of the City impressed, as herein provided, they shall be delivered
to the purchaser upon payment of the purchase price. The proceeds from the
provide for the payment of interest that will become due and payable during
the construction period shall be deposited in the Bond Fund and the balance
that is a member of the Federal Deposit Insurance Corporation and used for
the payment of the costs of construction and paying necessary expenses incidental
any, to pay in full the outstanding principal and accrued interest to date of
payment of any temporary bonds shall be used for that purpose, and the amount,
~ J I
Page 23
if any I necessary to provide for the payment of interest during the construction
period shall be deposited In the Bond Fund, and the balance shall be dcpos ited
into the Construction Fund and used for the accomplishment of the improvements
and the expenses incurred by the City in authorizing I selling and issuing the
America I except that any moneys invested as hereafter authorized need not
be so secured.
on the basis of checks or requisitions which shall contain at least the following
the amount of the payment; and the purpose by general classification of the
the managing office of the System I and in the case of all items of expense over
which the consulting engineers shall exercise supervision (which shall include
all expenses except engineering fees, legal fees and expenses pertaining to
case of requisitions, the depository shall issue its check upon the Construction
as to all payments made on the basis of requisitions I and the managing officer
of the System shall keep records of all payments made on the basis of checks.
Page 24
When the construction shall have been completed, this fact shall
be evidenced by the filing with the depository in which the Construction Fund
the consulting engineer, which certificate shall state the date of such completion
and shall state that all obligations which are payable from the Construction
Fund have been discharged. Upon receipt of the above certificate the depository
with which the Construction Fund is deposited shall payor transfer any remaining
officer of the System and one other person designated by the City Council
and with any such remaining balance to be transferred into the Bond Fund,
in principal amount. Any remaining balance of less than $1,000 shall be deposited
in the debt service reserve in the Bond Fund. The City shall require the
Section 22. (a) Moneys held for the credit of the Construction Fund
which exceed the estimated disbursements on account of the project for the
of and interest on which are fully guaranteed by, the United States Government,
owner at the option of such holder or registered owner I not later than the date or
(b) Moneys held for the credit of the debt service reserve in the
of, or obligations the principal of and interest on which are fully guaranteed
by, the United States Government, which .shall mature, or which shall be subject
holder or registered owner, not later than ten (10) years after the date of
investment.
(c) Moneys held for the credit of any other fund may, at the option
of the City, be invested and reinvested by the City in direct obligations of,
or obligations the principal of and interest on which are fully guaranteed by,
the United States Government, which shall mature, or which shall be subject
holder or registered owner, not later than the date or dates when the moneys
held for the credit of the particular fund will be required for the purpose .•.
UI."' •••..•." •..•
such fund shall be deemed at all times to be a part of such fund, and the ;,...1'1"0..-,0.,.+
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
in the debt service reserve which increase the amount thereof in excess of
the required level, earnings to the extent of such excess need not be retained
in the debt service reserve and may be used as any other moneys in the Bond
Section 23. That in the event the office of Mayor, City Clerk, City
Treasurer or City Council shall be abolished, or any two or more of such offices
vacancy in any such office by reason of death, resignation, removal from office
or otherwise, or in the event any such officer shall become incapable of performing
the duties of his office by reason of sickness I absence from the City or otherwise,
all powers conferred and all obligations and duties imposed upon such office
functions thereof, or by the office or officer upon whom such powers, obligations
and duties shall be imposed by law. In this regard, if the City should ever
fail to maintain the office of Treasurer I the duties of the Treasurer hereunder
contract between the City and the holders or reqistered owners of the outstanding
bonds issued hereunder, and the City will at all times strictly adhere to the
terms and provisions hereof and fully discharge all of its obligations hereunder.
Subject to the terms and provisions contained in this Section and not otherwise,
the holders or registered owners of not less than seventy-five percent (75%)
in aggregate principal amount of the bonds then outstanding shall have the
right, from time to time, anything contained in this Ordinance to the contrary
Page 27
of or inter-est on any bond issued hereunder, -or (b) a reduction in the principal
amount of any bond or the rate of interest thereon, or (c) the creation of a
of a privilege or priority of any bond or bonds over any other bond or bonds I
. Section 25. The Mayor is hereby directed to publish for one insertion
form:
NOTICE
Notice is hereby given that the City Council of the City of Mountain
Home, Arkansas, has adopted the Ordinance set out below authorizing the issuance
of Water and Sewer Revenue Bonds described in 111eOrdinance; that any person
197 . , at _____ .m., at the usual meeting place of the Council held in Mountain
Home 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.
Mayor
, . t{J7
Page 29
Section 26. This Ordinance shall not create any right of any kind,
and no right of any kind shall arise hereun del' pursuant to it, until the bonds
to be separable, and if any provision shall for any reason be held illegal or
invalid, it shall not affect the validity of the remainder of the Ordinance.
bonds.
Section 29. All ordinances and resolutions and parts thereof in conflict
and Sewer Sy stern of the City is Inadequate to serve the needs of the City erid
the inhabitants thereof, thus endangering the life, health and safety of the
inhabitants and their property, and that the only practical manner in which
and improvements to the Water and Sewer System to be financed by these bonds.
It is, therefore, declared that an emergency exists, and this Ordinance being
necessary for the immediate preservation of the public peace I health and safety,
shall take effect and be in force from and after its passage.
, 197~'
ATTEST:
(:;tj'?/£4u: .~':ju4-6
City Clerk
-(SEAL)
./
-'...
.0{ J '6
CERTIFICATE
are a true and perfect copy of Ordinance No. ~;JC', adopted at a .~<!.<'-?I.-d
session of the City Council of the City of Mountain Home, Arkansas, held at
the regular meeting place in said City at p.o: IX!m., on the l3 day of /ilbJ.-;?}?N.lL
197L/-, and that the Ordinance is of record in Ordinance Record Book No. 3
Page
---- , now in my possession.
City Clerk .
(SEAL)
ORDINANCE NO. 421
I
Mayor J. E. Flanders
Mayor J. E. Flanders
ATTEST:
AIfTEST:
SECTION 1.
A. There is hereby established a board of five members to
be known as the Board of Electrical Examiners and Supervisors.
Such board shall be composed of the personnel having the fol-
lowing qualifications:
(a) One member shall be the Superintendent of the
Electric Department of the City of Mountain Home,
Arkansas.
(b) One shall be an electrical contractor, who is a
licensed master electrician, licensed to do
business in Mountain Home, Arkansas, whose
business must be located in Mountain Home,
Arkansas, and who is a resident of Mountain Home,
Arkansas.
(c) One shall be an electrician who has qualified as
a journeYman, as herein defined.
(d) One shall be a representative of the Arkansas
Fire Prevention Bureau.
(e) One shall be the City Mayor.
B. Said Board shall have the power and it shall be the duty
of said Board to examine into the qualifications of all persons,
firms or corporations who are engaged in the business of contracting
electric wiring work or installing electric wiring, lighting fix-
tures or apparatuses operating at a potential of 30 volts or more.
SECTION 2.
The members of said Board other than the Superintendent of
the Electric Department of the City of Mountain Home shall be
appointed by the Mayor of the City of Mountain Home within 10 days
after the effective date of this ordinance, subject to the approval
of a majority of the elected members of the City Council of the
City of Mountain Home. The term of the members of said Board shall
run concurrently with the term of office of the Mayor making their
appointment, and until their successors are selected and qualified.
Vacancies for any unexpired term shall be filled in the same manner
as is herein provided for by the original appointment of members.
The Superintendent of the Electric Department shall be the secre-
tary who shall:i.{:eep
a full and complete record of all acts and
business of the~oard.\ T~.e..
~oard shall also select one of its
members as Ch(l.:i;r'rq,aniand
<prorq,1i!-lgate
such rules and regulations for
the conduct of its meetings as may be appropriate.
SECTION 3.
A majority of the Board shall constitute a quorum to transact
the business thereof. The Board shall meet at least once a month
and may hold special meetings upon call of the Chairman of the
Board whenever the business of the Board requires it. The books,
papers, and records of the Board shall at all times be open and
subject to inspection.
Any member of the Board may be removed by the City Council of
the City of Mountain Home for incompetency, inefficiency or dere-
liction of duty by a majority vote of the duly elected members of
the Council. The Board of Electrical Examiners and Supervisors
shall adopt such rules and regulations for the conduct of the
business of the Board as may be necessary not in conflict with
-2-
effective date of this ordinance shall be null and void and the
holder of such license shall not be entitled to a renewal thereof
until he shall have successfully passed the examination for the
license provided and held by the Board of Electrical Examiners
and Supervisors, and shall have paid the fee therefor.
SECTION 6.
The classification of the various branches of the electrical
industry and qualifications required of applicants for each clas-
sification shall be as follow:
A. "Master Electrician" shall be defined to include
any individual who possesses the necessary quali-
fications, training and technical knowledge to
install, maintain and extend electrical conduc-
tors and equipment; further he shall be capable
of dOing such work in accordance with plans and
specifications furnished him in accordance with
standard rules and regulations governing such
work.
1. He shall have had at least four
years! experience installing wires,
conductors and electrical ~uipment
used inside of buildings for the ~
transmission of electrical current
for electrical light, heat or power
purposes.
2. Any person who is presently licensed
by the City of Mountain Home, Arkan-
sas, who is working as a journeYman
electrician on the date of the passage
of this ordinance shall be issued a
master electrician!s license upon
certification without examination.
3. Examination fee for master electrician
shall be $15.00. Renewal fee for
master electrician shall be $10.00.
Examination fee for journeYman elec-
trician shall be $10.00. Renewal fee
for journeYman electrician shall be
$7.00.
B. JourneYman shall have three years! experience or
trade school, correspondence courses or as approved
by Electrical Board.
C. "Maintenance Electrician" shall be defined to include
any individual engaged in the business of building,
erecting, maintaining and repairing electrically
illuminated or operated signs, and gaseous tubing
for illuminations, making all connections on sec-
ondary side of transformers and primary connections
only where there is a sign circuit or an outlet of
sufficient capacity available, or any individual
engaged in the business of servicing, maintaining,
repairing and installing electrical equipment in
connection with refrigeration providing they do not
make final connections to electric current unless
there is an approved outlet of sufficient capacity
available.
1. He shall have had at least two years!
experience in the installation, main-
tenange and repair of electrical equip-
ment in connection with refrigeration.
Examination fee for Maintenance Electrician shall be
$6.00. Renewal fee for Maintenance Electrician shall
be $4.00.
D. "Apprentices" shall be defined to include any person
working or serving to learn or be skilled in any branch
of the electrical business and cannot perform actual
work of installing, repairing or maintaining electrical
wiring or equipment, unless under the direct super-
vision of a journeYman. Said apprentice is required
to be licensed under this ordinance.
-4-
SECTION 18.
A. It shall be unlawful for any person, firm or corpor-
ation operating in the City of Mountain Home to fur-
nish current to any new building, tent, structure
or out-door wiring of any kind, nature or descrip-
tion, without first obtaining a clearance from the
Superintendent of the Electric Department, stating
that such wiring is approved and a permit has been
issued for the use of current.
B. The said Superintendent of the Electric Department
is hereby authorized and empowered to cause the
turning off of all electric current from all out-
door conductors or apparatus which are deemed by
him to be in an unsafe condition or which have not
been installed in conformity with the provisions of
this ordinance. No person, firm or corporation,
or agent thereof shall supply or cause to be sup-
plied any electric current to conductors or apparatus
which have been deemed by said Superintendent of the
Electric Department to be in unsafe condition or
which have not been installed in conformity with the
provisions of this ordinance and from which the said
Superintendent of the Electric Department has caused
the electric current to be turned off.
C. It shall be unlawful for any person to break or destroy
electric street lights, owned or operated by the City
of Mountain Home, Arkansas, within its corporate limits.
-11-
SECTION 19.
Any person violating any of the provisions of this ordinance,
shall upon conviction thereof, be deemed guilty of a misdemeanor
and shall be fined not less than Twenty-five Dollars ($25.00) nor
more than One Hundred Dollars ($100.00) and each day of such vio-
lation shall constitute a separate offense.
SECTION 20.
If any section, subsection, sentence, clause or phrase of
this ordinance is for any reason held to be unconstitutional or
otherwise invalid, such unconstitutionality or invalidity shall
not affect the remainder of this ordinance; and that all ordi-
nances or parts of ordinances in conflict herewith are hereby
repealed.
SECTION 21.
That new construction in the City of Mountain Home is rapidly
increasing, and there is inadequate protection furnished the gen-
eral public concerning electrical wiring in such construction. It
is common knowledge that inferior work upon electrical wiring re-
sults in fires, loss of life and property, and general inconvenience,
and unless the provisions of this ordinance are placed into effect
immediately, the public peace, health and safety will be adversely
affected, therefore an emergency is hereby declared to exist and
this ordinance shall be in full force and effect from and after
its passage and approval.
SECTION 22.
The 1975 National Electric Code as set out by the National
Fire Prevention Association, as amended from time to time, is
hereby adopted by reference and incorporated as if fully set out
herein in conjunction with revisions made by this ordinance as
herein set out.
SECTION 23.
All ordinances or parts of ordinances in conflict herewith
are hereby repealed, including, but not limited to, Ordinance No.
158, 219, and 242.
ATTEST:
/ '
Electrical Ordinance
ORDINANCE NO. 426
Plumbing Ordinance
ORDINANCE NO. 427
"SECTION 3.
That all amendments to the 1969 Southern Standard Building
Code as set out in Ordinance No. 243 are hereby adopted."
(:),/
!
<~~c
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iP'/'Y
ATTEST:
c:5?enL/~~
ESTABLISHING pnLICE DEPARTHENT
ORDINANCE NO. 429
"-../
-Robert H. Dust, Mayor
ATTEST:
SECTION 5. The Mayor and the City Clerk of Mountain Home are
hereby authorized to enter into an agreement with the Travelers
Insurance Company to administer said plan and to execute all neces-
sary documents and instruments ®n behalf of the City that may be
required to effectuate said agreement and the plan herein adopted.
SECTION 6. Said retirement plan shall be effective as of
May 5, 1975.
SECTION 7. If any part or parts, sections or subdivisions
of this ordinance shall be held to be unconstitutional or invalid,
such invalidity shall not affect the validity of the remallining
portions of this ordinance.
SECTION 8. WHEREAS, this ordinance being necessary for the
preservation of the best interests of the City of Mountain Home
and its employees, an emergency is hereby declared to exist and
this ordinance shall be in effect upon and from its passage.
PASSED AND APPROVED this 5th day of May, 1975.
-./
Xobert Mayor
ATTEST:
or other real property, and the City is hereby given a lien against
such property for such costs.
SECTION 20. The notice required in Section 19 shall be given
in the same manner and form as in cases requiring notice to non-
resident defendants in circuit court cases in the State of Arkansas.
SECTION 21. In addition thereto, any person, firm or corporation
failing to obey the notice, hereinabove referred to in Section 20,
shall be deemed guilty of a misdemeanor and upon conviction shall be
fined a sum not to exceed $10.00.
SECTION 22. Any person, firm or corporation who shall permit
garbage, tin cans, broken glass, bottles, trash, rubbish or refuse
to accumulate on their premises, except for the purpose of facilitating
the collection of same by the garbage collector, shall be deemed guilty
of a misdemeanor and upon conviction shall be punished by a fine of not
less than $1.00 nor more than $20.00, and each day such accumulation of
garbage and refuse is permitted to remain on said premises shall con-
stitute a separate offense.
SECTION 23. If the person, firm or corporation who is authorized
to pick up refuse does not pick up the refuse within twenty-four (24)
hours from the time of regularly scheduled pick-up, the person, firm
or corporation shall be deemed guilty of a misdemeanor, and upon con-
viction thereof shall be punished by a fine of not less than $1.00
nor more than $5.00, and each and every day shall constitute a separate
offense.
SECTION 24. If the person,firm or corporation who is authorized
to pick up refuse damages containers or does not return containers to
the placB they were picked up from, the person, firm or corporation
shall be deemed guilty of a-misdemeanor and upon conviction thereof
shall be punished by a fine of not less than $1.00 nor more than $5.00.
SECTION 25. It is distinctly provided that this ordinance does
not in any way obligate the party awarded the contract to clean or pick
up refuse or debris resulting from construction, nor wood nor limbs re-
sulting from removal of trees on private property.
SECTION 26. The City Council shall have the power to reduce or ~
increase the fees listed in the ResolutionLfixing the rates for garbage
pick up services.
SECTION 27. If any person is too poor to pay the fee listed for
said service and has no means of his own whereby he can remove his
garbage and refuse, the City Council may relieve such person or per-
sons from such paYments, provided such person shall file an affidavit,
properly sworn to, embodying such facts, giving a list of his property
and the amount of income, if any, received by such person, and file
same with the Mayor of the City.
SECTION 28. Any person, firm or corporation violating any of
the provisions of this ordinance, excepting where penalties are other-
wise stated, shall be deeme~ upon conviction thereof in the MuniCipal
Court of the City of Mountain Home, Arkansas, guilty of a misdemeanor
-5-
and shall be punished by a fine of not less than $10.00 nor more
than $50.00, and each and every day of said violation shall be
deemed a separate offense.
SECTION 29. If any part or parts, sections or subdivisions
of this ordinance shall be held to be unconstitutional or invalid,
such invalidity shall not affect the validity of the remaining
portions of this ordinance.
SECTION 30. All ordinances and parts of ordinances in con-
flict herewith are hereby repealed.
SECTION 31. Whereas, it is necessary to make proper precau-
tion and regulation for collection of garbage, tin cans, trash and
refuse, the proper collection of same is necessary for the pro-
tection of the residents of Mountain Home, an emergency is hereby
declared to exist, and this ordinance is found to be necessary for
the immediate preservation of the public peace, health and safety
of said residents, and this ordinance so far as it applies to
business houses, shall be in full force and effect as soon after
its passage, approval and publication as the provisions herein
required can be executed and operation thereunder begun. The pro-
visions applying to residential areas shall become effective with
the passage of this ordinance.
PASSED AND APPROVED this 12th day of May, 1975.
ATTEST:
, I
Penelope R. Feist, City Clerk
Garbage Ordinance
ORDINANCE NO. 432
SECTION 8. The Chairman has the full power to direct the actions
of the members of this commission, to call meetings in any manner, and
to report to the City Council at appropriate times, or at the Council's
request.
ATTEST:
-~ -,
'-----;<t:)?Z( /i~.~}(;:;;(~~- (d/t
I
A) Article 3-1--B-7
B) Article 3-1--B-8
C) Article 3-1--E-2
u) Article 3~3--B-3
E) Article 5-3
(~
/ Mayor Robert H. Dust
ATTEST:
Ordinance
ORDINANCE NO. 434
transfer in order that the City can adjust its records accordingly.
SECTION 14. If any section of this ordinance should be held
unconstitutional, that ruling shall in no way impair the validity
of the remaining parts of this ordinance.
SECTION 15. All ordinances or parts of ordinances, or amend-
ments thereto, in conflict with this ordinance, are hereby repealed
as of January 1, 1976, including, but not limited to, Ordinance
Numbers 336, 341 and 418.
PASSED AND APPROVED this 6th day of October, 1975.
APPROVED:
ATTEST:
/
Penelope R. Feist, City Clerk
ATTEST:
~ --~
- //) _(-/ILl ( -,:-::J~~~- ( . / . (
f~ I
lI!M~·
ATTEST:
/ / ~
Penelope R. Feist, City Clerk
APPROVED:
/1
----, .,0 ./i /7
V / +.~<;;
~ / /v"kzV'lie (/ /l/0/e;~J
Mayor Pro-Tem
ATTEST:
/ /" oj
amended, NOW
APPRO:;:
/
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>A~.~~
'
,
Robert H. Dust, Mayor
ATTEST:
/ (
APPROVED:
Mayor
ATTEST:
City Clerk
~~
Robert H. Dust, Mayor
ATTEST:
Sch Sc
s
* 2.00
** 5.00
00
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411/~)/·./·
/·//{:1',;~?1 c~.~{/'-ZI
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M<tyOr, City of Mountain Home
ATTEST:
City Clerk /
Cable TV Franchise
ORDINANCE NO. 442
of the City of Mountain Home, Arkansas, has heard all persons de-
siring to be heard and has ascertained that said Petition was signed
the City of Mountain Home, Arkansas, and after a hearing before said
tion was made for the property to be rezoned from Residential (R-1) to
Arkansas, to-wit:
.
) .~Ijt' ~.
/~
/ //Avy/
ffJ·~?
4/ /j/.~ 1/
Y.:2;=V~'-.//f
j ••..
.-c Mayor .
ATTEST:
City Clerk
.r Mayor
ATTEST:
ion of portion of
~~:~;~~:~enEstates Subdivision
ORDINANCE NO. 444
ATTEST:
Annexation Requirements
ORDINANCE NO. 445
ATTEST:
at the time and place mentioned in the Notice, heard all persons
street; but the same has never been used by the general public;
that, in fact, the said street has never been built and the said
nonuser is for a period of more than Five (5) years last passed;
anq the public interest and welfare will not be adversely affected
leases, vacates and abandons all its rights, together with the
described and vests such rights therein in the fee simple owners
said records.
Mayor
ATTEST:
TRUST INDENTURE
between
and
Parties
Recitals
Bond Form
Granting Clauses
ARTICLE I
DEFINITIONS
Section 101 Definitions
Section 102 Use of Words
ARTICLE II
THE BONDS
Section 201 Authorized Amount of Bonds
Section 202 Details of Bonds; Issuance of Additional Series
Section 203 Execution of Bonds; Limited Obligation
Section 204 Authentication
Section 205 Form of Bonds
Section 206 Delivery of Bonds
Section 207 Indenture Superior to Laborer1s, Etc., Liens
Section 208 Mutilated, Destroyed or Lost Coupons or Bonds
Section 209 Registration of Principal and Interest
Section 210 Cancellation
ARTICLE III
REDEMPTION OF BONDS BEFORE MATURITY
Section 301 Redemption of Series 1976 Bonds
Section 302 Notice
Section 303 Redemption of Subsequent Series
Section 304 Unpaid Coupons
ARTICLE IV
GENERAL COVENANTS
Section 401 Payment of Principal and Interest
Section 402 Performance of Covenants
Section 403 City Warrants Title; Instruments of Further Assurance
Section 404 Payments of Taxes, Charges, etc.
Section 405 Obligations to Maintain and Repair
Section 406 Recordation of Trust Indenture and Lease Agreement
Section 407 Books of Record and Account; Inspection
Section 408 List of Bondholders
Section 409 Lease Agreement Reference; Lien of Trust Indenture
Subordina±e to Lease Agreement; Enforcement Obligations
and Rights; Guaranty Agreement Reference
Section 410 Covenant not to Sell or Dispose of Interest in Trust
Estate and not to Encumber Except in Accordance with
Lease Agreement and Trust Indenture
Section 411 Obligation to Insure
Section 412 Election to Proceed Under Section 103 of IRC
Section 413 Covenant Not to Violate Section 103(d) of the IRC
ARTICLE V
REVENUES AND FUNDS
Section 501 Creation of Bond Fund
Section 502 Payments into Bond Fund
Section 503 Use of Moneys in Bond Fund
Section 504 Custody of Bond Fund and Withdrawals Therefrom by
Trustee
Section 505 Non-Presentment of Bonds or Coupons
Section 506 Fees, Charges and Expenses of Trusteesand Paying Agent
Section 507 Moneys to be He~d in Trust
Section 508 Refund to Lessee of Excess Payments
ARTICLE VI
CUSTODY AND APPLICATION OF
PROCEEDS OF BONDS
Section 601 Deposits into the Construction Fund
Section 602 Disbursements from Construction Fund
Section 603 When All Project Costs are Paid Balance Used For
Purchase of Bonds or Transferred to Bond Fund
ARTICLE VII
INVESTMENTS
Section 701 Investment of Moneys in Construction Fund and
Other Funds
ARTICLE VIII
POSSESSION, USE AND RELEASE OF
MORTGAGED PROPERTY
Section 801 City's Right to Possess, Use and Enjoy
Section 802 Trustee Authorized, Pursuant to Specified Condi-
tions, in Joining with City to release lien in
event of partial condemnation
Section 803 Release of certain lands to be used in expansion
program from lien of indenture
Section 804 Release of items of lessor's machinery, equipment
and fixtures
ARTICLE IX
DISCHARGE OF LIEN
Section 901 Discharge of Lien
ARTICLE X
DEFAULT PROVISIONS; REMEDIES
OF TRUSTEE AND BONDHOLDERS
Section 1001 Events of default
Section 1002 Acceleration
Section 1003 Trustee's right to enter and take possession
Section 1004 Other remedies; rights and obligations with
reference to remedies
Section 1005 Right of majority of bondholders to take charge
Section 1006 Appointment of Receiver
Section 1007 Waiver by City of benefit of laws and rights of
appraisement and Redemption
Section 1008 Application of available moneys
Section 1009 Remedies vested in Trustee
Section 1010 Rights and Remedies of bondholders
Section 1011 Termination of proceedings
Section 1012 Waiver of events of default
Section 1013 Notice of Default; opportunity of lessee to correct
Section 1014 Rights and remedies of Trustee and Bondholders
subject and subordinate to rights of Lessee under
Lease Agreement
ARTICLE XI
THE TRUSTEE
Section 1101 Acceptance of Trusts
Section 1102 Fees, Charges and Expenses of Trustee
Section 1103 Notice of Bondholders of Default
Section 1104 Intervention by Trustee
Section 1105 Successor Trustee
Section 1106. Resignation by Trustee
Section 1107 Removal of Trustee
Section 1108 Appointment of Successor Trustee; Temporary trustee
Section 1109 Acceptance by Successor Trustee
Section 1110 Right of Trustee to pay taxes and other charges
Section 1111 Trustee protected in relying upon resolutions, etc.
Section 1112 Trustee which has resigned or been removed ceases to
be paying agent
Section 1113 Paying Agent's Fees and Charges
Section 1114 Appointment of Co-Trustee or Separate Trustee
ARTICLE XII
SUPPLEMENTAL INDENTURES
section 1201 Supplemental Indentures not requiring consent of
bondholders
section 1202 Supplemental indentures requiring consent "of bond-
holders
Section 1203 Consent of lessee to supplemental indentures
ARTICLE XIII
AMENDMENT TO LEASE AGREEMENT
OR BAXTER GUARANTY AGREEMENT
Section ~.301 Amendments to lease agreement or guaranty agreement
not requiring consent of bondholders
Section 1302 Amendments to lease agreement or guaranty agreement
requiring consent of bondholders
ARTICLE XIV
MISCELLANEOUS
Section 1401 Consents, etc. of bondholders
Section 1402 Limitation of rights
Section 1403 Severability
Section 1404 Notice
Section 1405 Arkansas substantive law governs
Section 1406 Counterparts
TRUST INDENTURE
(Form of Bond)
No. $5,000
KNOW ALL MEN BY THESE PRESENTS:
That the City of Mountain Home, Baxter County, Arkansas, a
municipality under the laws of the State of Arkansas (the "City"),
for value received, promises to pay to bearer, or if this Bond be
registered to the registered owner hereof, on March 1, 19 ,the
principal sum of --
City Clerk
(SEAL)
This Bond is one of the Bonds designated Series 1976 "in and issued
under the provisions of the within mentioned Indenture.
UNION NATIONAL BANK OF LITTLE ROCK
Little Rock, Arkansas
TRUSTEE
By
(Authorized Signature)
(Form of Coupon)
$ No.
On the first day of (March) (S~ptember), 19 ,the City of Mountain
Home, Arkansas (unless the Bond to which this coupon is attached shall
have been previously called for redemption or shall have become payable
as provided in the Indenture referred to in the Bond) will pay, solely
from the revenues pledged in the Indenture, to bearer at the principal
office of Union National Bank of Little Rock, Little Rock, Arkansas, upon
presentation and surrender hereof, the sum of
DOLLARS
By (facsimile signature)
Mayor
Manner of Signature
Date of Registration: Name of Registered Owner Registration: Bond Registr
and
1.
The following described real estate and premises situated in Baxter
County, State of Arkansas, with all buildings, additions and improve-
ments.now or hereafter located thereon, together with the tenements
heredltamen~s, appurtenances, rlghts, prlvileges and immunities the~e-
unto.belonglng or appertaining, and warrants the title to th
to-Wlt: e same,
A part of the NW t of the swt of Section 33, and
a part of the NEt of the SEt of Section 32, all
in Township 20 North, Range 13 West, being more
particularly described as follows, to-wit:
2.
All machinery, equipment and other personal property of every kind
and nature whatever acquired by the City and pgid for out of the Con-
struction Fund (identified below) and placed on/and in the land and im-
provements described in "1" above, or elsewhere, including, without
limitation, all replacements and substitutions which become the property
of the City pursuant to the provisions of the Lease Agreement. All such
machinery, equipment and other personal property shall be identified in
a ledger, one copy of which shall be filed with the Trustee and one copy
maintained by Travenol on the mortgaged property, and shall be marked by
an appropriate tag or device as being the property of the City; provided,
however, the failure to so tag or mark shall not prevent any item of
Lessor's machinery and equipment from becoming part of Lessors machinery
and equipment if, pursuant to the provisions hereof, it should be part
thereof. Included herein is Lessor's machinery and equipment as defined
in the Lease Agreement, but as provided in the Lease Agreement, there is
not included any machinery, equipment and personal property owned by
Travenol.
3.
The Lease Agreement and all rights, but not obligations of the City
thereunder and all revenues and income derived by the City from the
mortgaged property, including, without limitation, all rentals received
by the City from the leasing of the mortgaged property and in particular
the rentals and profits received under and pursuant to the Lease Agreement.
4.
The Bond Fund and the Construction Fund, and all moneys and invest-
ments therein but subject to the provisions of this Indenture pertaining
thereto, including the making of disbursements therefrom.
5.
The Baxter Guaranty Agreement.
6.
Any and all other property of every kind and nature from time to
time which was heretofore or hereafter is by delivery or by writing of
any kind conveyed, mortgaged, pledged, assigned, or transferred, as and
for additional security hereunder, by the City or by any other person,
firm or corporation, to the Trustee, which is hereby authorized to
receive any and all such property at any time and at all times and to
hold and apply the same subject to the terms hereof.
TO HAVE AND TO HOLD all the same with all privileges and appur-
tenances hereby conveyed and assigned, or agreed or intended so to be, to
the Trustee and its successors in said trusts and to them and their
assigns forever.
IN TRUST NEVERTHELESS, upon the terms and trusts herein set
forth for the equal and proportionate benefit, security and pro-
tection of all holders and owners of the said Bonds and interest
coupons thereunto attached issued under and secured by this Inden-
ture without privilege, priority or distinction as to lien or
otherwise of any said Bonds or coupons thereto attached over any
of the other of said Bonds; provided, however, that if the City,
its successors or assigns, shall well and truly pay, or cause to
be paid, the principal of the Bonds and the interest due thereon,
at the times and in the manner provided in the Bonds and the in-
terest coupons appertaining to the Bonds, respectively, according
to the true intent and meaning thereof, and shall make the paYments
into the Bond Fund as required under Article V or shall provide, as
permitted hereby, for the paYment thereof by depositing or causing
to be deposited with the Trustee the entire amount due or to become
due thereon, and shall well and truly keep, perform and observe all
the covenants and conditions pursuant to the terms of this Indenture
to be kept, performed and observed by it, and shall pay to the Trustee
all sums of money due 0r to become due to it in accordance with the
terms and provisions hereof, then upon such final paYments this In-
denture and the rights hereby granted shall cease, determine and be
void; otherwise, this Indenture to be and remain in full force and
effect.
THIS INDENTURE FURTHER WITNESSETH that, and it is expressly
declared, all Bonds issued and secured hereunder are to be issued,
authenticated and delivered and all said revenues and income hereby
pledged are to be dealt with and disposed of under, upon and subject
to the terms, conditions, stipulations, covenants, agreements, trusts,
uses and purposes as hereinafter expressed, and the City has agreed
and covenanted, and does hereby agree and covenant, with the Trustee
and with the respective holders and owners, from time to time of the
said Bonds or coupons or any part thereof, as follows, that is to
say:
ARTICLE I
DEFINITIONS
Section 101. In addition to the words and terms elsewhere
defined in this Indenture, the following words and terms as used in
this Indenture shall have the following meanings:
"Act No. 9l! - 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.
"Authorized Lessee Representative" - The person at the time
designated to act in behalf of the Lessee by written certificate
furnished to the Lessor and the Trustee containing the specimen sig-
nature of such person and signed on behalf of the Lessee by the
President or any Vice President of the Lessee. Such certificate may
designate an alternate or alternates.
"Authorized Lessor Representative" - The person at the time
designated to act in behalf of the Lessor by written certificate fur-
nished to the Lessee and the Trustee containing the specimen signature
of such person and signed on behalf of the Lessor by the Mayor. Such
certificate may designate an alternate or alternates.
"Baxter" - Baxter Laboratories, Inc., a Delaware corporation and
Guarantor under the Baxter Guaranty Agreement wherein Baxter guaran-
tees the ~rompt performance of all obligations of its subsidiary
(Travenol) under the Lease Agreement.
"Baxter Guaranty Agreement" - The Guaranty Agreement described
in Section 409 B. of this Indenture and which is the Guaranty Agree-
ment wherein Baxter guarantees the prompt performance of all obliga-
tions of its subsidiary (Travenol) under the Lease Agreement. A copy
is on file in the office of the Trustee.
"Bonds" - The City of Mountain Home, Arkansas Industrial Devel-
opment Revenue Bonds - Travenol Project, issued under and secured by
this Indenture, authorized in the total principal amount of $1,000,000.
"Bond Fund" - The City of Mountain Home, Arkansas Industrial De-
velopment Revenue Bond Fund - Travenol Project. The fund created by
Section 501 of the Indenture into which disbursements are to be made
for paying the principal of and interest on the Bonds in the manner and
for the purposes specified in Article V of the Indenture.
"City" - The City of Mountain Home, Arkansas, a municipality
under the laws of the state of Arkansas and situated in Baxter County,
Arkansas.
"City Recorder" - "Clerk" or "Recorder" - The person holding the
office and performing the duties of the Recorder of the City.
"Guaranty Agreement" or "Guaranty" - The agreement between Baxter
and the Trustee, dated as of March 1, 1967, pursuant to which Baxter
guarantees the full and prompt payment of the principal of, premiums, if
any, and interest on the Bonds. An executed copy is on file at the prin-
cipal office of the Trustee.
"holder" or "bondholder" - "owner of the Bonds" - The bearer of any
Bond not registered as to principal and the registered owner of any Bond
registered as to principal or as to principal and interest.
"Indenture" or "Trust Indenture" - This Trust Indenture together with
all indentures supplemental hereto.
"Lease Agreement" - The Lease and Agreement dated as of March 1,
1976, wherein the City is Lessor and Travenol is Lessee, recorded in the
office of the Circuit Clerk and Ex-Officio Recorder of Baxter County,
Arkansas, described in Section 409 hereof.
"Lessee" or "Travenol" - Travenol Laboratories, Inc., a Delaware
corporation. Travenol is Lessee under the Lease Agreement, and the ref-
erence includes any assignee pursuant to the pruvisions fufuereof.
"mortgaged property" - The properties and interest specified in the
granting clauses of this Indenture, as it may be supplemented from time
to time.
"outstanding hereunder" - "Bonds outstanding hereunder" - All Bonds
which have been authenticated and delivered under the Indenture except:
(a) Bonds cancelled because of payment or redemption prior to
maturity;
(b) Bonds for the payment or redemption of which cash or investment
securities shall have been theretofore deposited with the Trustee (whether
upon or prior to the maturity or redemption date of any such Bonds) pro-
vided that if such Bonds are to be redeemed prior to the maturity thereof,
notice of such redemption shall have been given or provision satisfactory
to the Trustee shall have been made therefor, or a waiver of such notice,
satisfactory in form to the Trustee, shall have been filed with the
Trustee· and
(c) Bonds in lieu of which others have been authenticated under
Section 208.
"Paying Agent" - 'fhe bank or trust company named by the City as the
place at which the principal of and interest on the bonds are payable.
The Paying Agent is the Trustee.
"permitted encumbrances" - (i) This Trust Indenture and the Lease
Agreement; (ii) utility, access and other easements and rights of way,
restrictions, reversions and exceptions that the Lessee certifies will
not interfere with or impair the operations being conducted in the Indus-
trial Plant; and (iii) such minor defects, irregularities, encumbrances,
easemEnts, rights-of-way and clouds on title as normally exist with
respect to properties similar in character to the Industrial Plant, and
as do not materially impair the property affected thereby for the purpose
for which' it was acquired or held by the City.
"person" - Includes natural persons, firms, associations, corpora-
tions and public bodies.
"Project" - The lands, buildings, improvements and facilities em-
bodied in and pertaining to the industrial project leased to Travenol
and being financed out of the proceeds of the Bonds, including the
properties in the trust estate. The Project will be utilized by Travenol
for the conduct of its business, including, without iimitation, the manu-
facture of such products as Travenol shall determine to manufacture.
"revenues" - The income, charges, and moneys realized from the lease,
sale or other disposition of the mortgaged property, including all rentals
and other sums to be received under the Lease Agreement.
"Series 1976 Bonds" - The initial series of Bonds being issued under
and secured by this Indenture in the principal amount of $1,000,000.
"Trustee" - The Trustee for the time being, whether original or suc-
cessor, with the original Trustee being Union National Bank of Little Rock,
Little Rock, Arkansas. The Trustee is also the Paying Agent.
"trust estate" - The same as the mortgaged property.
Section 102. Words of the masculine gender shall be deemed and con-
strued to include correlative words of the feminine and neuter geners.
Unless the context shall otherwise indicate, the words "Bond", "coupon",
"owner", "Holder" and lIpersonH shall include the plural, as well as the
singular, number.
ARTICLE II
THE BONDS
ARTICLE IV
GENERAL COVENANTS
Section 401. ,The City soyenants that it will. promptly p~y or cause
to be~paid the principal of, redemption premium~, if any, and interest on
every Bond issued under this Indenture at. the place, on the dates and in
the manner provided herein~nd in said Bo~ds, and in the coupons apper-
taining thereto according to the tru~ intent and meaning thereof. The
principal, redemption premiums and interest are payable solely from rev-
enues derived from the Project,which reve~ues are hereby specifically
pledged to the paYment thereof in the manner and to the extent~herein
specified, arid nothing in the Bonds or coupons or in this.lndenture
should be considered as pledging any other funds or assets .ofthe City
(except the securing o:f the indebtedness evidenced by the Bonds.and
RY.,
coupons by a l:j.enonand.s,ecu:(,i interest in the Proj ec t , subj ect to
the Lease Agreement and Permitted Encumbrances) •..Anything in this Inden-
ture to the contrary notwithstanding, it is understood that whenever the
City makes any covenants involving financial commitments, including, with-
out limitation, those in the various sections of this Article IV, it
pledges no funds or revenues other than those provided for in the Lease
Agreement and the revenues derived from the avails of the mortgaged
property, but nothing herein shall be construed as prohibiting the City
from using any other funds and revenues.
Section 402. The City covenants that it will faithfully per-
form at all times any and all covenants, undertakings, stipulations
and provisions contained in this Indenture, in any and every Bond
executed authenticated and delivered hereunder and in all ordi-
nances p~rtaining thereto. The City covenants that it is duly
authorized under the Constitution and the laws of the State of
Arkansas, including particularly and without lillmitationAct No.9,
to issue Bonds authorized hereby and to execute this Indenture and
to make the pledge and covenants in the manner and to the extent
herein set forth; that all action on its part for the issuance of
the Bonds and the execution and delivery of this Indenture has been
duly and effectively taken; and that the Bonds in the hands of the
holders and owners thereof are and will be valid and enforceable
obligations of the City according to the import thereof.
Section 403. The City covenants that it lawfully owns and is
lawfully possessed of the mortgaged property and that is has good
and merchantable title and estate therein, subject to permitted encum-
brances and the rights of the Lessee under the Lease Agreement, which
exceptions will not substantially interfere with the utilization of
the trust estate for the purposes intended, and that it warrants and
will defend ~aid title to the Trustee, its seccessors and assigns,
for the bendfit of the holders and owners of the Bonds against the
claims and demands of all persons whomsoever. The City covenants
that it will do, execute, acknowledge, and deliver or cause to be
done, executed, aCknowledged and delivered, such indenture or inden-
tures supplemental hereto and such further acts, instruments and
transfers as the Trustee may reasonably require for the better assur-
ing, transferring, mortgaging, pledging, assigning and confirming unto
the Trustee the trust estate.
Section 404. The City covenants that it will promptly cause to
be paid all lawful taxes, charges, assessments,imposts and govern-
mental charges at any time levied or a ssesseduupon or against the
trust estate, or any part thereof, which might impair or prejudice
the lien and priority of this Indenture; provided, however, that
nothing contained in this Section shall require the City to cause
to be paid any such taxes, assessments, imposts or charges so long
as the validity thereof is being contested in good faith and by ap-
propriate legal proceedings. It is understood that the City has made
provisions in the Lease Agreement for the paYment of such taxes,
charges, assessments, imposts and governmental charges, pursuant to
the terms of which the Lessee is obligated to pay the same as set
forth in the Lease Agreement, and so long as the Lease Agreement is
in force and effect the City shall be deemed to be in compliance
with its obligations under this Section 404.
Section ~05. The City covenants that it will at all times cause
the mortgaged property to be maintained, preserved and kept in good
condition, repair and working order, and that it will from time to
time cause to be made all needed repairs so that the operation and
business pertaining to the mortgaged property shall at all times be
conducted properly and so that the mortgaged property shall be fully
maintained. It is understood that the City has made provisions in
the Lease Agreement for such maintenance, pursuant to the terms of
which the Lessee is obligated to maintain the mortgaged property as
set forth in the Lease and Agreement, and so long as the Lease Agree-
ment is in force and effect the City shall be deemed to be in com-
pliance with its obligations under this Section 405.
Section 406. The City and the Trustee covenant that each of
them will cause this Indenture, the Lease Agreement, and all instru-
ments supplemental thereto, to be kept, recorded and filed in such
manner and in suSh places (if any) as may be required my law in order
fully to preserve and protect the security of the bondholders and
the rights of the Trustee hereunder.
Section 407. The City covenants that so long as any Bonds
issued hereunder and secured by this Indenture shall be outstanding
and unpaid, the City will keep or cause to bekkept, proper books of
record and account, in which full, true and correct entries will be
made of all dealings or transactions of and in relation to the Proj-
ect and the revenues derived from the Project. When requested by the
Trustee, the City agrees to have the said books of record and account
audited by an independent Certified Public Accountant. The audit
report shall contain at least the following information:
(a) All revenues derived from the Project and all expenses
incurred by the City in connection with the Project;
The City further covenants that all books and documents relating
to the Project and the revenues derived from the Project shall at all
times be open to the inspection of such accountants or other agencies
as the Trustee may from time to time designate. In this regard, so long
as the Lease Agreement is in force and effect, records furnished by the
Lessor and Lessee to, or kept by, the Trustee in connection with its
duties as such shall be deemed to be in compliance with the City's ob-
ligations under this Section 407.
Section 408. To the extent that such information shall be made
known to the City under the terms of this Section, it will keep on file
at the office of the Trustee a list of names and addresses of the last
known holders of all Bonds payable to bearer and believed to be held by
each of such last known holders. Any bondholder may request that his name
and address be placed on said list by filing a written request with the
City or with the Trustee, which request shall include a statement of the
principal amount of Bonds held by such holder and the numbers of such
Bonds. Neither the City nor the Trustee shall be under any responsi-
bility with regard to the accuracy of said list. At reasonable times
and under reasonable regulations established by the Trustee, said list
may be inspected and copied by holders and/or owners (or a designated
representative thereof) of ten percent (10%) or more in principal amount
of Bonds outstanding hereunder, such ownership and the authority of any
such designated representative to be evidenced to the satisfaction of
the Trustee. Notice or report required herein to be given to the bond-
holders on such list shall also be given to the registered owners of all
Bonds registered as to principal or as to principal and interest reflected
on the book maintained by the bond registrar.
Section 409. A.It is understood and agreed that the Project has
been leased to Travenol under the Lease Agreement. The Lease Agreement
is recorded in the office of the Circuit Clerk and Ex Officio Recorder
of Baxter County, Arkansas, and an executed copy is on file in the office
of the Clerk of the City and in the office of the Trustee. Reference is
hereby made to the Lease Agreement for a detailed statement of the terms
and conditions thereof and for a statement of the rights and obligations
of the parties thereunder. The lien of this Indenture is subject and
subordinate to the Lease Agreement. The City agrees, upon the request
of the Trustee, to enforce all covenants and obligations of the Lessee
under the Lease Agreement and agrees that the Trustee, in its own name
or in the name of the City, may and is hereby granted the right to en-
force all rights of the Lessor and all obligations of the Lessee under
and pursuant to the Lease Agreement, whether or not the Lessor is in
default in its covenant to enforce such rights and obligations.
B. Baxter has unconditionally guaranteed the prompt performance
of the rental and all other obligations of the Lessee under the Lease
Agreement and the Baxter)Guaranty Agreement is pledged and assigned to
the Trustee as security for the paYment of the' principal of and interest
on the Bonds. All references herein to pledging the revenues derived from
the Project or the revenues derived from the mortgaged property shall
include all paYments under the Baxter Guaranty Agreement. Furthermore,
the City agrees, upon the request of the Trustee, to enforce all covenants
and obligations of the Guarantor under the Baxter Guaranty Agreement and
agrees that the Trustee, in its own Rameor in the name of the City, may
and is hereby granted the right to enforce all obligations of the Guarantor
under the Baxter~GuarantyAgreement,whether or not the City is in default
in its covenants to enforce-said obligations. Reference is hereby made
to the provisions of the Baxter Guaranty Agreement for a detailed state-
ment of the terms thereunder, including beneficiaries thereunder.
Section 410. The City covenants that so long as any Bonds
authorized by and issued under this Indenture are outstanding, it
will not sell or otherwise dispose of its interest in the mort-
gaged property, except in accordance with the provisions of the
Lease Agreement, and that it will not encumber the same, or any
part thereof, or its interest therein, or create or permit to be
created any charge or lien on the revenues derived therefrom, except
as provided in this Indenture.
Section 411. The City covenants that at all times while any
Bonds are outstanding, it will keep or cause to be kept the mortgaged
property insured against the perils and to the extent set forth in
the Lease Agreement and that the Trustee shall be named as a Party
insured pursuant to a standard mortgagee clause as its interest may
appear. It is understood that the City has made provisions in the
Lease Agreement for such insurance, pursuant to the terms of which
the Lessee is obligated to keep the property insured as set forth in
the Lease Agreement, and so long as the Lease Agreement is in force
and effect, the City shall be deemed to be in compliance with its
obligations under this Section 4~1.
Section 412. The City covenants that it has made all necessary
filings to effect an election with respect to the Bonds under Sec-
tion 103 (c) (6) (D) of the Internal Revenue Code of 1954, as amended.
Section 413. The City and the Trustee covenant that neither of
them shall take any action or suffer or permit any action to be taken
or condition to exist which causes or may cause the interest payable
on the Bonds to be subject to federal income taxation. Without limit-
ing the generality of the foregoing, the City and the Trustee covenant
that the proceeds of the sale of the Bonds will not be used directly
or indirectly in such manner as to cause the Bonds to be treated as
"arbitrage bonds" within the meaning of Section 103(d) of the Internal
Revenue Code.
ARTICLE V
REVENUES AND FUNDS
Section 501. There ishhereby created and ordered to be estab-
lished with the Trustee a trust fund of and in the name of the City
to be designated "Mountain Home, Arkansas Industrial Development
Revenue Bond Fund - Travenol Project" (herein sometimes referred to
as the "Bond Fund").
Section 502. There shall be deposited into the Bond Fund as and
when received:
(a) The amount remaining in the Construction Fund (here-
inafter created) after all costs and expenses of and
in connection with the Project have been paid;
Furthermore, the City covenants and agrees that so long as any of the
Bonds secured by this Indenture are outstanding, it will at all times
deposit, or cause to be deposited, in the Bond Fund sufficient moneys
from revenues and income derived from the Project (whether or not
under and pursuant to the Lease Agreement) to promptly meet and pay
the principal of and interest on the Bonds as the same become due and
payable, and to this end the City covenants and agrees that,.so long
as any Bonds secured by this Indenture are outstanding, it will cause
the Project to be continuously and efficiently operated as a revenue
and income producing undertaking, and that should there be a default
under the Lease Agreement with the result that the right of possession
of the mortgaged property is returned to the City, the City will fully
cooperate with the Trustee and with the holders and registered owners
of the Bonds, to the end of fully protecting the rights and security
of the holders and registered owners of the Bonds, and if and when
requested by the Trustee, the City shall diligently proceed in good
faith and use its best efforts to secure another tenant for the Mort-
gaged Property to the end of at all times deriving sufficient revenues
and income from the Project to promptly meet and pay the principal of
and interest on the Bonds as the same become due and payable. Nothing
herein shall be construed as requiring the City to use any funds or
revenues from any sources other than funds and revenues derived from
the Project for the paYment of the principal of and interest on the
Bonds and discharging othe~ obligations of the City under this Trust
Indenture, but nothing herein shall be construed as prohibiting the
City from doing so.
Section 503. Moneys in the Bond Fund shall be used solely for the
paYment of the principal of (including applicable redemption premium, if
any) and interest on the Bonds either at maturity or at redemption prior
to maturity; provided, however, that such provisiDn shall not be con-
strued as prohibiting a refund to the Lessee under the Lease Agreement
of excess basic rents, if any, in accordance with the provisions of the
Lease Agreement.
Section 504. The Bond Fund shall be in the name of the City, desig-
nated as set forth in Section 501, and the City hereby irrevocably
authorizes and directs the Trustee to withdraw from the Bond Fund suf-
ficient funds to pay the principal of and interest on the Bonds at
maturity and redemption Dr prepaYment prior to maturity and to use
said funds for the purpose of paying said p~incipal and interest in
accordance with the provisions hereof pertaining to paYment, including
the making of necessary arrangements with the Paying Agent for the
handling of paYment by the Paying Agent and the transfer of funds to
the Paying Agent, which authorization and direction the Trustee hereby
accepts.
Section 505. In the event any Bonds shall not be presented for
paYment when the principal thereof becomes due, either at maturity or
otherwise, or at the date fixed for redemption thereof, or in the event
any coupon shall not be presented for paYment at the due date thereof,
if there shall have been deposited with the Paying Agent for that pur-
pose, or left in trust if previously so deposited, funds sufficient to
pay the principal thereof, together with all interest unpaid and due
thereon, to the date of maturity thereof, or to pay such coupon, as the
case may be for the benefit of the holder thereof or the holder of such
coupon, all liability of the City to the holder thereof for the paYment
of the principal thereof and interest thereon, or the holder of said
overdue coupon for the paYment thereof, as the case may be, shall forth-
with cease, determine and be completely discharged, and thereupon it
shall be the duty of the Paying Agent to hold such fund or funds, with-
out liability for interest thereon, for benefit of the holder of such
Bond, or the holder of such coupon, as the case may be, who shall there-
after be restricted exclusively to such fund or funds, for any claim of
whatever nature on his part under this Indenture or on, or with respect
to, said Bond or coupon.
Section 506. It is understood and agreed that pursuant to the
provisions of Section 303(b) of the Lease Agreement, the Lessee agrees
to pay as additional rent the fees, expenses and charges of the Trustee
and Paying Agent as authorized and provided by this Indenture and the
fees, expenses and charges of the City as authorized, required and pro-
vided by this Indenture and by the Lease Agreement. The Lessee is to
make paYments on statements rendered by the Trustee or by the City as
appropriate. All such additional rent paYments under the Lease Agree-
ment which are reueived by the Trustee shall not be paid into the Bond
Fund, but shall be set up in separate accounts appropriately designated
to identify the particular account and shall be expended solely for the
purpose for which such paYments are received, and the Trustee hereby
agrees to so establish said accounts and to make paYment therefrom for
said purposes.
Section 507. All monies required to be deposited with or paid to
the Trustee under any provision of this Indenture shall be held by the
Trustee in trust, and except for moneys deposited with or paid to the
Trustee for the redemption of Bonds, notice of which redemption has
been duly given, shall, while held by the Trustee, constitute part of
the trust estate and be subject to the lien hereof. Any moneys received
by or paid to the Trustee pursuant to any provisions of the Lease Agree-
ment calling for the Trustee to hold, administer and disburse the same in
accordance with the specific provlslons of the Lease Agreement shall
be held, administered and disbursed pursuant to said provisions, and
where required by the provisions of the Lease Agreement the Trustee
shall set the same aside in a separate account. The City agrees that
if it shall receive any moneys pursuant to applicable provisions of
the Lease Agreement the Trustee shall set the same aside in a separate
account. The City agrees that if it shall receive any moneys pursuant
to applicable provisions of the Lease Agreement, it will forthwith upon
receipt thereof, pay the same over to the Trustee to be held, adminis-
tered and disbursed by the Trustee in accordance with the provisions of
the Lease Agreement pursuant to which the City may have received the
same. Furthermore, if for any reason the Lease Agreement ceases to be
in force and effect while any Bonds are outstanding, the City agrees
that if it shall receive any moneys derived from the mortgaged property,
it will forthwith upon receipt thereof pay the same over to the Trustee
to be held, administered and disbursed by the Trustee in accordance with
provisions of the Lease Agreement that wo*ld be applicable-if the Lease
Agreement were then in force and effect, and if there be no such pro-
visions which would be so applicable, then the Trustee shall hold, ad-
minister and disburse such moneys solely for the discharge of the City's
obligations under this Indenture.
Section 508. Anything herein to the contrary notwithstanding, the
Trustee is authorized and directed to refund to the Lessee under the
Lease Agreement all excess amounts as specified in the Lease Agreement,
whether such excess amounts be in the Bond Fund or in special accounts.
ARTICLE VI
CUSTODY AND APPLICATION OF PROCEEDS OF BONDS
Section 601. The proceeds of the sale of the bonds shall be depos-
ited in a special account of the City in the Trustee, which account shall
be designated !!Industrial Development Revenue Bond Construction Fund -
Travenol Project" (the "Construction Fund!!).
Section 602. Moneys in the Construction Fund shall be expended
for Project costs as set forth in Section 203 of the Lease Agreement.
Such expenditure shall be in accordance with and pursuant to requisi-
tions which shall be signed by an Authorized Lessee Representative and
an Authorized Lessor Representative. Each requisition shall specify:
(1) The name of the person, firm or copporation to whom
paYment is to be made;
The Trustee shall keep records concerning and reflecting all disburse-
ments from the Construction Fund and shall file an accounting of dis-
bursements if and when requested by the City or by Travenol. The Trustee
shall make paYment from the Construction Fund pursuant to and in accord-
ance with said requisitions.
Section 603. Whenever the City and Travenol jointly notify the
Trustee in writing (which may be by the same writing or in different
writings) that any balance remaining in the Construction Fund will not
be needed for completion of the Project, the remaining balance shall be
deposited in the Bond Fund.
ARTICLE VII
INVESTMENTS
Section 701. (a) Moneys held for the credit of the Construction
Fund shall, upon direction by the Authorized Lessee Representative, be
invested and reinvested by the Trustee in (i) direct obligations of, or
obligations the principal of and interest on which are guaranteed by, the
United States, (ii) certificates of deposit of banks or trust companies,
including the Trustee, organized under the laws of the United States or
any State thereof,having maturity dates, or subject to redemption by the
holder at the option of the holder, on or prior to the dates the funds
will be needed as reflected by a statement of the Authorized Lessee
Representative which statement must be on file with the Trustee prior
to any investment.
(b) Moneys held for the credit of the Bond Fund or any other fund
or account shall to the extent practicable be invested and reinvested in
direct obligations of, or obligations the principal of and interest on
which are guaranteed by, the United states, which will mature, or which
will be subject to redemption by the holder thereof at the option of the
holder, not later than the date or dates on which the money held for
credit of the particular fund shall be required for the purposes inten-
ded. The Trustee shall so invest and reinvest pursuant to instructions
from the Authorized Lessee Representative.
(c) Obligations so purchased as an investment of moneys in any such
fund or account shall be deemed at all times a part of such fund. Any
profit and income realized from such investments shall be credited to the
fund and any loss shall be charged to the fund.
ARTICLE VIII
POSSESSION, USE AND
RELEASE OF MORTGAGED PROPERTY
Section 801. So long as not otherwise provided in this Trust
Indenture, the City and any Lessee of the City shall be suffered and
permitted to possess,use and enjoy the mortgaged property and appurten-
ances.
Section 802. The Trustee shall be authorized, when requested by
the City, to join with the City in taking the necessary steps, or, if
required, to execute an appropriate release of the lien of this Indenture,
to grant sewer, utility, road and street easements over, along, across
and under the mortgaged property, provided that the location of any such
easements and the nature thereof shall not interfere with the present or
logical future use of the mortgaged property by the Lessee, or to execute
an appropriate release of the lien of this Indenture in the case of a
partial condemnation (or threat of condemnation) of the Project covered
by Section 1501 B of the Lease Agreement, and in either case, the Trustee
shall be entitled to rely upon and act in accordance with a certificate
of a duly qualified engineer, who may be an engineer employed by the
Lessee of the Lease Agreement, and the prior written approval of the
Lessee of the Lease Agreement shall be obtained in each instance.
Section 803. It is hereby recognized by the City andtthe Trustee
that the Lessee under the Lease Agreement, to the extent provided in
Article XXIV, has reserved the right therein to obtain the release from
the lien of this Indenture of certain of the mortgaged lands. Upon a
sufficient showing to the Trustee that the terms, provisions and con-
ditions of the Lease Agreement pertaining to such release have been met
and satisfied, the Trustee~shall, and is hereby authorized and directed
to, take the necessary steps to release said lands from the lien of this
Indenture. Furthermore, it is recognized that the City may issue Bonds
(in addition to the Bonds secured by this Indenture) to finance the cost
of any such expansion program, and nothing in this Indenture shall be
construed as prohibiting the City from issuing Bonds for such purpose,
from entering into a separate lease agreement with the Lessee under the
Lease Agreement, or entering into a supplemental lease agreement with the
Lessee under the LeaseciAgreement, or the Lessee's authorized successors
and assigns, from pledging the rentals derived from any such separate
lease agreement or any such supplemental lease solely to the paYment of
the Bonds then being issued, from placing a first lien by mortgage on and
pledging all revenues derived from any lands and improvements covered by
said separate lease agreement or said supplemental lease agreement, and
on any facilities, equipment and other properties purchased, constructed,
or otherwise acquired out of the proceeds of the Bonds then being issued,
even though some of said property may be located on lands and improve-
ments constituting part of the mortgaged property under this Trust Inden-
ture and even though some of said property may have been released from
the lien of this Trust Indenture pursuant to the provisions of this
Article. Also, without releasing the lien of this Indenture, the City
may place a lien upon any portion of the mortgaged property under this
Trust Indenture as security for the Bonds then being issued, or make a
pledge of any of the revenues pledged under this Trust Indenture in
favor of the Bonds then being issued, so long as any such lien on the
mortgaged property covered by this Trust Indenture and any such pledge
is subordinate to the lien and pledge Qf this Trust Indenture to and
in favor of the Bonds secured hereby.
Section 804. Provided no event of default exists, any "building
serv.ice equipment" and any of "Lessor!s machinery and equipment", as those
terms are defined in the Lease Agreement,may be removed, sold, replaced or
otherwise disposed of as provided in the Lease Agreement, and, without
limitation, particularly in Article :xxv thereof, and the Trustee shall,
and is hereby authorized to, upon a showing to the Trustee of compliance
with the said applicable provisions of the Lease Agreement pertaining
to such removal, sale, replacement or disposition, take the necessary
steps to release the said properties from the lien of this Indenture. The
proceeds of any such removal, sale or other disposition shall be handled
by the Trustee in accordance with the provisions of the Lease Agreement,
including, without limitation, the provisions of Article :xxv thereof. Any
equipment, machinery, fixtures and personal property obtained in exchange
or in lieu of any property sold, removed or disposed of under this Section
804 shall automatically become and be subject to the lien of this Indenture
as if specifically mortgaged hereby. The City will, however, upon written
request by the Trustee, convey the same to the Trustee by an indenture
supplemental hereto in form and substance satisfactory to the Trustee, or
other appropriate instrument as requested by the Trustee, and cause the
same to be recorded and filed in such manner as the Trustee requests, to
secure and continua the lien of this Indenture thereon.
ARTICLE IX
DISCHARGE OF LIEN
Section 901. If the City shall payor cause to be paid to the holders
and 0wners of the Bonds and coupons the principal and interest to become
due thereon at the times and in the manner· stipulated therein, and if the
City shall keep, perform and observe all and singular the covenants and
promises in the Bonds and in this Indenture expressed as to be kept, per-
formed and observed by it on its part, then these presents and the estate
and rights hereby granted shall cease, determine and be void, and there-
upon the Trustee shall cancel and discharge the lien of this Indenture,
and execute and deliver to the City such instruments in writing as shall
be requisite to satisfy the lien hereof, and reconvey to the City the
estate hereby conveyed, and assign and deliver to the City any property
at the time subject to the lien of this Indenture which may then be in its
possession, except cash held by it for the paYment of the principal af and
interest on the Bonds.
Bonds and coupons for the paYment or redemption of which moneys or
investment securities, as hereafter defined in this Section, shall have been
deposited with the Trustee (whether upon or prior to the maturity or the
redemption date of such Bonds) shall be deemed to be paid within the mean-
ing of this Indenture; provided, however,. that if such Bonds are to be re-
deemed prior to the maturity thereof, notice of such redemption shall have
been duly given. "Investment securities!! shall mean direct or fully guar-
anteed obligations of the United States of America maturing on or prior to
the maturity or redemption date of the Bonds and in determining the suf-
ficiency of the deposit there shall be considered the principal amount of
such investment securities and interest to be earned thereon until the
maturity of such investment securities.
The City may at any time surrender to the Trustee for cancellation by
it any Bonds previously authenticated and delivered hereunder, together
with any unpaid coupons thereto belonging, which the City may have acquired
in any manner whatsoever, and such Bonds and coupons, upon such surrender
and cancellation, shall be deemed to be paid and retired.
ARTICLE X
DEFAULT PROVISIONS AND REMEDIES
OF TRUSTEE AND BONDHOLDERS
Section 1001. If any of the following events occur, subject to the
provisions of Section 1013 hereof, it is hereby defined as and declared
to be and to constitute an "event of default":
(a) Default in the due and punctual payment of any interest
on any Bond hereby secured and outstanding;
(b) Default in the due and punctual payment of any moneys
required to be paid to the Trustee under the provisions of Article
V hereof;
(c) Default in the due and punctual payment of the principal of,
and premium, if any, on any Bond hereby secured and outstanding, whether
at the stated maturity thereof, or upon proceedings for redemption thereof,
or upon the maturity thereof by declaration;
(d) Default in the performance or observance of any other of the
covenants, agreements or conditions on its part in this Indenture, or in
the Bonds contained, and the continuance thereof for a period of sixty
(60) days after written notice to the City by the Trustee or by the
holders of not less than ten percent (10%) in aggregate principal amount
of Bonds outstanding hereunder.
The term "defaultll shall mean default by the City in the performance
or observance of any of the covenants, agreements or conditions on its
part contained in this Indenture, or in the Bonds outstanding hereunder,
exclusive of any period of grace required to constitute a default an "event
of default" as hereinabove provided.
Section 1002. Upon the occurrence of an event of default, the
Trustee may, and upon the written request of the holders of twenty-five
percent (25%) in aggregate principal amount of Bonds outstanding hereunder,
shall, by notice in writing delivered to the City, declare the principal
of all Bonds hereby securad then outstanding and the interest accrued
thereon immediately due and payable and such principal and interest shall
thereupon become and be immediately due and payable.
Section 1003. Upon the occurrence of an event of default, the City,
upon demand of the Trustee, shall forthwith surrender to it the actual
possession of, and it shall be lawful for the Trustee, by such officer
or agent as it may appoint, to take possession of, all or any part of the
mortgaged property with the books, papers and accounts of the City per-
taining thereto and to hold, operate and manage the same, and from time
to time to make all needful repairs and improvements as by the Trustee
shall be deemed wise; and the Trustee, with or without such permission,
may collect, receive and sequester the tolls, rents, revenues, issues,
earnings, income, products and profits therefrom and out of the same and
any moneys received from any receiver of any part thereof pay, and/or set
up proper reserves for the payment of, all proper costs and expenses of
so taking, holding and managing the same, including reasonable compensa-
tion to the Trustee, its agents and counsel, and any charges of-sthe
Trustee hereunder and any taxes, and assessments and other charges prior
to the lien of this Indenture which the Trustee may deem it wise to pay,
and all expenses of such repairs and improvements, and apply the remainder
of the moneys so received by the Trustee in accordance with the provisions
of Section 1008 hereof. Whenever all that is due upon such Bonds and
installments of interest under the terms of- this Indenture shall have
been paid and all defaults made good, the Trustee shall surrender pos-
session to the City, its successors o::rassigns; the same right of entry,
however, to exist upon any subsequent event of default.
While in possession of such property the Trustee shall render annually
to the holders and registered owners of the Bonds, at their addresses as
set forth in the list required by Section 408 hereof, and on the bond
registration book maintained by the Trustee, a summarized statement of
income and expenditures in connection therewith.
Section 1004. Upon the occurrence of an event of default, the
Trustee may, as an alternative, proceed either after entry or without
entry, to pursue any available remedy by suit at law or in equity to
enforce the payment of the principal of and interest on the Bonds then
outstanding hereunder, including, without limitation, foreclosure and
mandamus.
If an event of default shall have occurred, and if it shall have
been requested so to do by the holders of twenty-five percent (25%) in
aggregate principal amount of Bonds outstanding hereunder and shall have
been indemnified as provided in Section 1101 hereof, the Trustee shall
be obligated to exercise such one or more of the rights and powers con-
ferred upon it by this Section and by Section 1003 as the Trustee, being
advised by counsel, shall deem most expedient in the interests of the
bondholders.
No remedy by the terms of this Indenture conferred upon or reserved
to the Trustee (or to the bondholders) is intended to be exclusive of any
other remedy, but each and every such remedy shall be cumulative and shall
be in addition to any other remedy given hereunder or now or hereafter
existing at law or in equity or yy statute.
No delay or omission to exercise any right or power accruing upon any
default or event of default shall impair any such right or power or shall
be construed to be a waiver of any such default or event of default or
acquiescense therein; and every such right and power may be exercised from
time to time and as often as may be deemed expedient.
No waiver of any default or event of default hereunder, whether by
the Trustee or by the bondholders, shall extend to or shall affect any sub-
sequent default or event of default or shall impair any rights or remedies
consequent thereon.
Section 1005. Anything in this Indenture to the contrary notwith-
standing the holders of a majority in aggregate principal amount of Bonds
outstanding hereunder shall have the right,at any time, by an instrument
or instruments in writing executed and delivered to the Trustee, to direct
the method and place of conducting all proceedings to be taken in connec-
tion with the enforcement of the terms and conditions of this Indenture,
or for the appointment of a receiver or any other proceeding hereunder;
provided that such direction shall not be otherwise than in accordance
with the provisions of law and of this Trust Indenture.
Section 1006. Upon the occurrence of an event of default, and upon
the filing of a suit or other commencement of judici~l proceedings to en-
force the rights of the Trustee and of the bondholders under this Indenture,
the Trustee shall be entitled, as a matter of right, to the appointment of
a receiver or receivers of the mortgaged property and of the tolls, rents,
revenues, issues, earnings, income products and profits thereof, pending
such proceedings with such powers as the court making such appointment
shall confer.
Section 1007. In case of an event of default on its part, as afore-
said, to the extent that such rights may then lawfully be waived, neither
the City nor anyone claiming through it or under it shall or will set up,
claim, or seek to take advantage of any appraisement, valuation, stay,
extension or redemption laws now or hereafter in force, in order to pre-
vent or hinder the enforcement of this Indenture, but the City, for it$elf
and all who may claim through or under it, hereby waives, to the extent
that it lawfully may do so, the benefit of all such laws and all right of
appraisement and redemption to which it may be entitled under the laws of
the State of Arkansas.
Section 1008. Available moneys remaining after discharge of costs,
charges and liens prior to this Indenture shall be applied by the Trustee
as follows:
(a) Unless the principal of all the Bonds shall have become or shall
have been declared due and payable, all such moneys shall be applied:
First: To the payment to the persons entitled thereto of all install-
ments of interest then due, in the order of the maturity of the installments
of such interest, and, if the amount available shall not be sufficient to
pay in full any particular installment, then to the payment ratably, ac-
cording to the amounts due on such installment, to the persons entitled
thereto, without any discrimination or privilege.
Second: To the payment to the persons entitled thereto of the unpaid
principal of any of the Bonds which shall have become due (other than Bonds
called for redemption for the payment of which moneys are held pursuant to
the provisions of this Indenture), in the order of their due dates, with
interest on such Bonds from the respective dates upon which they become due,
and, if the amount available shall not be sufficient to pay in full Bonds
due on any particular date, together with such interest, then to the pay-
ment ratably, according to the amount of principal due on such date, to
the persons entitled thereto without any discrimination or privilege; and
Third: To the payment of the interest on and the principal of the
Bonds, and to the redemption of Bonds, all in accordance with the provi-
sions of Article V of this Indenture.
(b) If the principal of all the Bonds shall have become due or shall
have been declared due and payable, all such moneys shall be applied to
the payment of the principal and interest then due and unpaid upon the
Bonds, without preference or priority of principal over interest or of
interest over principal, or of any Bond over any other Bond, ratably, ac-
cording to the amounts due respectively for principal and interest, to the
person entitled thereto without discrimination or privilege.
(c) If the principal of all the Bonds shall have been declared due
and payable, and if such declaration shall thereafter have been rescinded
and annulled under the provisions of this Article, then, subject to the
provisions of paragraph (b) of this Section in the event that the principal
of all the Bonds shall later become due or be declared due and payable,
the moneys shall be applied in accordance with the provisions of para-
graph (a) of this Section.
Whenever moneys are to be applied by the Trustee pursuant to the
provisions of this Section, such moneys shall be applied by it at such
times, and from time to time, as it shall determine, having due regard
to the amount of such moneys available for application and the likelihood
of additional moneys becoming available for such application in the future.
Whenever the Trustee shall apply such funds, it shall fix the date (which
shall be an interest paYment date unless it shall deem another date more
suitable) upon which such application is to be made and upen such date
interest on the amounts of principal to be paid on such dates shall cease
to accrue. The Trustee shall give such notice as it may deem appropriate
of the deposit with it of any such moneys and of the fixing of any such
date and shall not be required to make paYment to the holder of any unpaid
coupon or any Bond until such coupon or such Bond and all unmatured coup on s,
if any, appertaining to such Bond shall be presented to the Trustee for
appropriate endorsement or for cancellation if fully paid.
Section 1009. All rights of action (including the right to file
proof of claim) under this Indenture or under any of the Bonds or coupons
may be enforced by the Trustee without the possession of any of the Bonds
or coupons or the production thereof in any trial or other proceeding
relating thereto and any such suit or proceeding instituted by the Trustee
shall be brought in its name as Trustee, without the necessity of joining
as plaintiffs or defendants any holders of the Bonds hereby secured, and
any recovery of judgment shall be for the equal benefit of the holders of
the outstanding Bonds and coupens.
Section 1010. No holder of any Bond or coupon shall have any right
to institute any suit, action or proceeding in equity or at law for the
enforcement of this Indenture or for the execution of any trust hereof
or for the appointment of a receiver or any other remedy hereunder, unless
a default has occurred of which the Trustee has been notified as provided
in subsection (g) of Section 1101, or of which by said subsection it is
deemed to have notice, nor unless such default shall have become an event
IDf default and the holders of twenty-five percent (25%) linaggregate prin-
cipal amount of Bonds outstanding hereunder shall have made written re-
quest to the Trustee and shall have offered it reasnnable opportunity
either to proceed to exercise the powers hereinbefore granted or to in-
stitute such action, suit or proceeding in its own name, nor unless also
they have offered to the Trustee indemnity as provided in Section 1101 nor
unless the Trustee shall thereafter fail or refuse to exercise the powers
hereinbefore granted, or to institute such action, suit or proceeding in
its own name; ,and such notification, request and offer of indemnity are
hereby declared in every such case at the option of the Trustee to be
conditions precedent to the execution of the powers and trusts of this
Indenture, and to any action or cause of action for the enforcement of
this Indenture or for the appointment of a receiver or for any other
remedy hereunder; it being understood and intended that no one or more
holders of the Bonds or coupons shall have any right in any manner what-
soever to affect, disturb or prejudice the lien of this Indenture by his
or their action or to enforce-any right hereunder except in the manner
herein provided,-and that all proceedings at law or in equity shall be
instituted, had and maintained in the manner herein provided for the equal
benefit of the holders of all Bonds outstanding hereunder. Nothing in this
Indenture contained shall, however, affect or impair the right of any
bondholders to enforce the paYment of the principal of and interest on any
Bond at and after the maturity thereof, or the obligation of the City to
pay the principal of and interest on each of the Bonds issued hereunder to
the respective holders thereof at the time and place in said Bonds and the
app-urtenantcouponsexpressed.
Section 1011. In case the-Trustee shall have proceeded to enforce
any right under this Indenture by the appointment of a receiver, by entry
or otherwise, and such proceedings shall have been discontinued or aban-
doned for any reason, or shall have been determined adversely to the
Trustee, then and_in every such case the City and the Trustee shall be
restored to their former positions and rights hereunder with respect to
the property herein conveyed, and all rights, remedies and powers of the
Trustee shall continue as if no such proceedings had heen taken, except to
the extent the Trustee is legally bound by such adverse determination.
Section 10i2. The Trustee may in its discretion waive any event of
default hereunder and its consequences and rescind any declaration of
maturity of principal and shall do so upon the written request of the
holders of fifty percent (50%) in principal amount of all Bonds
outstanding hereunder, provided, however, that there shall not be
waived (a) any event of default in the paYment of the principal
of any Bonds issued hereunder and ouffitandinghereunder at the
date of maturity specified therein or (b) any default in the pay-
ment of the interest unless prior to such waiver orrescission all
arrears of principal (due otherwise than by declaration) and in-
terest and all expenses of the Trustee and Paying Agent, shall have
been paid or provided for, and in case of any such waiver or resciss-
ion the City, Trustee and the bondholders shall be restored to their
former positions and rights hereunder respectively; but no such waiver
or rescission shall extend to any subsequent or other default, or im-
pair any right consequent thereon.
Section 1013. Anything herein to the contrary notwithstanding,
no default (other than a default under Section 1001 (a), (b) and (c)
hereof to which this Section 1013 shall not be applicable) shall con-
stitute an event of default until actual notice of such default by
registered or certified mail (with or without return receipt requested)
shall be given to the Lessee under the Lease Agreement, and the Lessee
under the Lease Agreement shall have had sixty (60) days after receipt
of such notice to correct said default or cause said default to be
corrected, and the Lessee under the Lease Agreement shall not have
corrected said default or caused said default to be corrected within
said sixty (60) day period; provided, however, if said default be such
that it cannot be corrected within sixty (60) days, it shall not con-
stitute an event of default if corrective action is instituted within
said sixty (60) day period and diligently pursued until the default is
corrected. With regard to any alleged default concerning which notice
is given to the Lessee under the Lease Agreement under the provisions
of this Section 1013, the City names and appoints the Lessee under the
Lease Agreement as its attorney in fact and agent with full authority
to perform any covenant or obligations of the City alleged in said
notice to constitute a default in the name and stead of the City with
full power to do any such things and acts to the same extent that the
City eoulliddo and perform any such things and acts and with power of
substitution. In this regard, it is agreed that the parties hereto
have familiarized themselves with the terms and provisions of the
Lease Agreement.
Section~14. The rights and remedies provided in favor of the
Trustee and the holders of the Bonds by the provisions of this Inden-
ture are in each case subject to the proviso that each and every such
right and remedy shall be and may be exercised only subject and sub-
ordinate to the rights of said Lessee under the Lease Agreement.
ARTICLE XI
THE TRUSTEE
Section 1101. The Trustee hereby accepts the trusts imposed
upon it by this Indenture, and agrees to perform said trust as an
ordinarily prudent trustee under a corporate mortgage, but only upon
and subject to the following expressed terms and conditions:
(a) The Trustee may execute any of the trusts or powers hereof
and perform any duties required of it by or through attorneys, agents,
receivers or employees, and shall be entitled to advice of counsel
concerning all matters of trusts hereof and its duties hereunder, and
may in all cases pay reasonable compensation to all such attorneys,
agents, receivers and employees as may reasonably be employed in con-
nection with the trusts hereof. The Trustee may act upon the opinion
or advice of any attorney, surveyor, engineer or accountant selected
by it in the exercise of reasonable care, or, if selected or retained
by the City prior to the occurrence of a default of which the Trustee
has been notified as provided in subsection (g) of this Section 1101,
or of which by said subsection the Trustee is deemed to have notice,
approved by the Trustee in the exer~ise of such care. The Trustee
shall not be responsible for any loss or damage resulting from an
action or non-action in accordance with any such opinion or advice.
(b) The Trustee shall not be responsible for any recital herein
or in said Bonds (except in respect to the certificate of the Trustee'
endorsed on such Bonds), or for the recording or re-recording filing
or re-filing of this Indenture, or for insuring the property herein
conveyed or collecting any insurance moneys, or for the validity of the
execution by the City of this Indenture or of any supplemental indentures
or instrument of further assurance, or for the sufficiency of the security
for the Bonds issued hereunder or intended to be secured hereby, or for
the value of the title of the property herein conveyed or oth~rwise as
to the maintenance of the security hereof; except that in the event the
Trustee enters into possession of a part or all of the property herein
conveyed pursuant to any provision of this Indenture, it shall use due
diligence in preserving such property; and the Trustee shall not be bound
to ascertain or inquire as to the performance or observance of any cov~
enants, conditions or agreements on the part of the City, except as here-
inafter set forth; but the Trustee may requirE3cLofthe City full informa-
tion and advice as to the performance of the covenants, conditions and
agreements aforesaid as to the condition of the property herein conveyed.
(c) The Trustee may become the owner of Bonds and coupons secured
hereby with the same rights which it would have if not Trustee.
(d) The Trustee shall be protected in acting upon any notice, re-
quest, consent, certificate, order, affidavit, letter, telegram or other
paper or document believed by it, in the exercise of reasonable care, to
be genuine and correct and to have been signed or sent by the proper
person or persons. Any action taken by the Trustee pursuant to this
Indenture upon the request or authority or consent of the owner of any
Bond secured hereby, shall be conclusive and binding upon all future
owners of the same Bond and upon Bonds issued in exchange therefor or in
place thereof.
(e) As to the existence or non-existence of any fact or as to the
sufficiency or validity of any instrument, paper or procedding, the Trustee
shall be entitled to rely upon a certificate of the City signed by its
Mayor and attested by the City Clerk as sufficient evidence of the facts
therein contained and prior to the occurrence of a default of which it has
been notified as provided in subsection (g) of this Section 1101, or of
which by said sub sec t Lcnr.f.fiu.deemedto haveuno t.Lce.eland sha L! also be
at liberty to accept a similar certificate to the effect that any particu-
lar dealing, transaction or action is necessary or expedient, but may at
its discretion, at- the reasonable expense of the City,- in every case
secure such further evidence asxit may think necessary or advisable but
shall in no case be bound to secure the same. The Trustee may accept a
certificate of the City Clerk of the City under its seal to the effect
that a resolution or ordinance in the form therein set forth has been
adopted by the City as conclusive evidence that such resolution or ordi-
nance has been duly adopted, and is in full force and effect.
(f) The permissive right of the. Trustee t.oddo things enumerated in
this Indenture shall not be construed as a deuty of the Trustee, and the
Trustee shall be answerable only for its own negligence or willful default.
(g) The Trustee shall not-be required to take notice or be deemed to
have notice of any default hereunder except a default under Section 1001
(a) or (c) or failure by the City to make or cause to be made any of the
payments to the Trustee Fequired to be made by Article V unless the
Trustee shall be specifically notified in writing of such default by the
City or by the holders of at least ten percent (10%) in aggregate princi-
pal amount of Bonds outstanding hereunder and all notices or other instru-
ments required by this Indenture to be delivered to the Trustee must, in
order to be effective, be delivered to the office of the Trustee, and in
the absence of such notice so delivered, the Trustee may conclusively
assume there is no default except as aforesaid.
- (h) The Trustee shall not be .personally liable for any debts con-
tracted or for damages to persons or to personal property injured or
damaged, or for salaries or non-fulfillment of contracts during any
period in which it may be in the pessession of or managing the real and
tangible personal property as in this Indenture provided~ -
(i) .At any!and all reasonable times the Trustee, and its duly
authorized agents, attorneys, experts, engineers, accountants and repre-
sentatives, shall have the right fully to inspect any and all of the
property herein conveyed, including all books, papers and records of the
City pertainingtto the Project and the Bonds, and to take such memoranda
from and in regard thereto as may be desired.
(j) The Trustee shall not be required to give any bond or surety
in respect to-the execution of-the said truststand powers or otherwise
in respect of the premises.
(k) Notwithstanding anything elsewhere in this Indenture contained,
the Trustee shall have the right, but shall not be required, to demand,
in respect of the authentication or.sany Bonds, the withdrawal of any cash,
the release of any property, or any action whatsoever within the purview
of this Indenture, any showings, certificate, opinions, appraisals, or
other information, or corporate action or evidence thereof, in
addition to that by the terms hereof required as a condition of
such action by the Trustee, deemed desirable for the purpose of
establishing the right of the City to the authentication of any
Bonds, the withdrawal of any cash, the release of any property, or
the taking of any other action by the Trustee.
(1) Before taking such action hereunder, the Trustee may
require that it be furnished an indemnity bond satisfactory to it
for the reimbursement m it of all expenses to which it may be put
and to protect it against all liability, except liability which is
adjudicated to have resulted from the negligence or willful default
of the Trustee, by reason of any action so taken by the Trustee.
Section 1102. The Trustee shall be entitled to paYment and/or
reimbursement for its reasonable fees for services rendered hereunder
and all advances, counsel fees and other expenses reasonably and
necessarily made or incurred by the Trustee in and about the execu-
tion of the trusts created by this Indenture and in and about the
exercise and performance bj the Trustee of the powers and duties of
the Trustee hereunder, and for all reasonable and necessary costs and
expenses incurred in defending any liability in the premis.es of any
character whatsoever (unless such liability is adjudicated to have
resulted from the negligence or willful default of the Trustee). All
such fees, costs and expenses of the Trustee must be consistent with
those charged by other trustees of industrial development revenue
bond issues under similar oircumstances at the times involved. The
City has made provisions in the Lease Agreement for the paYment of
said reasonable and necessary advances, fees, costs and expenses and
reference is hereby made to the Lease Agreement for the provisions so
made. In this regard, it is understood that the City pledges no funds
or revenues other than those derived from and the avails of the mort-
gaged property to the paYment of any obligation of the City set forth
in this Indenture, including the obligations set forth in this Sec-
tion 1102, but nothing herein shall be construed as prohibiting the
City from using any other funds and revenues for the paYment of any
oftts obligations under this Indenture. Upon default by the City, but
only upon default, pursuant to the provisions of this Indenture per-
taini~g to default, the Trustee shall have a first lien with right of
paYment prior to paYment on account of principal or interest of any
Bond issued hereunder upon the mortgaged property for said reasonable
and necessary advances, fees, costs and expenses incurred by the
Trustee.
Section 1103. The Trustee shall be required to make demand to
the Lessee and the Guarantor and to give notice to each holder of the
Bonds, as follows:
(a) If the Lessee, or the Guarantor on its behalf, shall fail to
make any paYment of basic rent or additional rent on the day such pay-
ment is due and payable, the Trustee shall make demandmpon the Lessee
and Guarantor for paYment on the next succeeding business day.
(b) If a default occurs of which the Trustee is by Section 1101(g)
deemed to have notice or is notified by the City or by the holders of
at least 10% in aggregate principal amount of Bonds then outstanding,
the Trustee shall give notice to the Lessee and the Guarantor and to
each registered owner of Bonds then outstanding and to each bondholder
of Bonds outstanding on the list maintained pursuant to the provi-
sions of Section 408 hereof.
Section 1104. In any judicial proceeding to which the City is a
party and which in the opinion of the Trustee and its counsel has a
substantial bearing on the interests of owners of Bonds issued here-
under, the Trustee may intervene on behalf of bondholders and shall do
so if requested in writing by the owners of at least ten percent (10%)
of the aggregate principal amount of Bonds outstanding hereunder. The
rights and obligations of the Trustee under this Section 1104 are
subject to the approval of the court having jurisdiction in the
premises.
Section 1105. Any bank or trust company into which the Trustee
may be merged, or with which it may be consolidated, or to which it
may sell or transfer its trust business and assets as a whole or sub-
stantially as a whole, or any bank or trust company resulting from any
~uch sale, merger, consolidation or transfer to which it is a party,
lpSO facto, shall be and become successor tr.ustee hereunder and vested
with all of the title to the whole property or trust estate and all
the trusts, powers, discretions, immunities, privileges, and all other
matters as was its predecessor, witl1l.outthe execution or filing of any
instrument or any further act, deed or conveyance on the part of any
of the parties hereto, anything herein to the contrary notwithstanding;
provided, however, that such successor trustee shall have capital and
surplus of at least $3,000,000.
Section 1106. The Trustee and any successor trustee may at any
time resign from the trusts hereby created by giving thirty (30) days
written notice to the City, and such resignation shall take effect at
the end of such thirty (30) days, or upon the earlier appointment of a
successor trustee by the bondholders or by the City. Such notice may
be served personally or sent by registered mail.
Section 1107. The Trustee may be removed at any time by an instru-
ment or concurrent instruments in writing delivered to the Trustee and
to the City, and signed by the owners of a majority in aggregate prin-
cipal amount of Bonds outstanding hereunder.
Section 1108. In case the Trustee hereunder shall resign or be
removed, or be dissolved, or shall be in course of dissolution or liqui-
dation, or otherwise become incapable of acting hereunder, or in case it
shall be taken under the control of any public officer or officers, or of
a receiver appointed by the court, a successor may be appointed by the
owners of a majority in aggregate principal amount of Bonds outstanding
hereunder, by an instrument or concurrent instruments in writing signed
by such owners, or by their attorneys in fact, duly authorized; provided,
nevertheless, that in case of such vacancy the City by an instrument
executed and signed by its Mayor and attested by its City Clerk under
its seal, shall appoint a temporary trustee to fill such vacancy until
a successor trustee shall be appointed by the bondholders in the manner
above provided; and any such temporary trustee so appointed by the City
shall immediately and without further act be superseded by the trustee
so appointed by such bondholders. Every such temporary trustee and every
such successor trustee shall be a trust company or bank in good standing,
having capital and surplus of not less than $3,000,000.
Section 1009. Every successor or temporary trustee appointed here-
under shall execute, acknowledge and deliver to its predecessor and also
to the City anUnstrument in writing accepting such appointment hereunder,
and thereupon such successor or temporary trustee, wffithoutany further
act or conveyance, shall become Jftullyvested with all the estates,
properties, rights, powers, trusts, duties and obligations of its pre-
decessor; but such predecessor shall, nevertheless, on the written re-
quest of the City or of its successor trustee, execute and deliver an
instrument transferring to such successor all the estate, properties,
rights, powers and trusts of such predecessor hereunder; and every
predecessor trustee shall deliver all securities, moneys and any other
property held by it as trustee hereunder to its successor. Should any
instrument in writing from the City be required by any successor trustee
for more fully and certainly vesting in such successor the estates, rights,
powers and duties hereby vested or intended to be vested in the predeces-
sor trustee, any and all such instruments in writing shall, on request,
be executed, ackno~ledged and delivered by the Ci~y. The resignation of
any trustee and the instrument or instruments removing any trustee and
appointing a successor hereunder, together with all other instruments
provided for in this Article shall, at the expense of the City, be forth-
with filed and/or recorded by the successor trustee in each recording
office where the Indenture shall have been filed and/or recorded.
Section 1110. In case the City shall fail seasonably to pay or to
cause to be paid any tax, assessment or governmental or other charge upon
any part of the property herein conveyed, to the extent, if any, that the
City may be liable for same, the Trustee may pay such tax, assessment
or governmental charge, without prejudice, however, to any rights of the
Trustee or the bondholders hereunder arising in consequence of such
failure; and any amount at any time so paid under this Section shall be
repaid by the City from the revenues derived from the mortgaged property
upon demand, and shall become so much additional indebtedness secured
by this Indenture, and the same shall be given a preference in payment
over. any of said> Bonds , ~and,shal1be':p~idout,i of the proceeds of revenues
collected from the mortgaged property if not paid by the City; but the
Trustee shall be under no obligation to make any such payment unless it
shall have been requested to do so by the holders of at least ten percent
(10%) of the aggregate principal amount of Bonds outstanding hereunder
and shall have been provided with adequate funds for the purpose of such
payment.
Section 1111. The resolutions, opinions,certificates and other
instruments provided for in this Indenture may be accepted and relied
upon by the Trustee as conclusive evidence of the facts and conclusions
stated therein and shall be full warrant, protection and authority to
the Trustee for the payment and withdrawal of cash hereunder.
Section 1112. In the event of a change in the office of Trustee,
the old Trustee which has resigned or been removed shall cease to be
Paying Agent.
Section 1113. There shall be paid the standard and customary Paying
Agent's fees and charges of the Paying Agent for handling the paYment of
the principal of, premium, (if any) and interest on the Bonds, and funds
sufficient to pay the same shall be deposited with the Paying Agent prior
to the dates on which paYments are required to be made on principal and
interest.
Section 1114. The City and the Trustee shall have power to appoint
and upon the request of the Trustee the City shall for such purpose join
with the Trustee in the execution of all instruments necessary or proper
to appoint another corporation or one or more persons approved by the
Trustee and satisfactory to the Lessee under the Lease Agreement by vir-
tue of an event of default or otherwise, either to act as co...•
trustee or
co-trustees jointly with the Trustee of all or any of the property subject
to the lien hereof, or to act as separate trustee or trustees of all or
any such property, with such powers as may be provided in the instrument
of appointment and to vest in such corporation or person or persons as
such separate trustee or co-trustee any property, title, right or power
deemed necessary or desirable. In the event that the City shall not have
joined in such appointment within fifteen days after the receipt by it of
a request so to do, the Trustee alone shall have the power to make such
appointment. Should any deed, conveyance or instrument in writing from
the City be required by the separate trustee or co-trustee so appointed
for more fully and certainly vesting in and confirming to him or to it
such properties, rights, powers, trusts, duties and obligations, any and
all such deeds conveyances and instruments in writing shall, or request,
be executed, acknowledged and delivered by the City. Every such co-
trustee and separate trustee shall, to the extent permitted by law, be
appointed subjec~ to the following provisions and conditions, namely:
(1) The Bonds shall be authenticated and delivered, and all powers,
duties, obligations and rights conrerred upon the Trustee in respect
6f the custody of all money and securities pledged or deposited here-
under, shall be exercised solely by the Trustee; and
Every instrument, other than this Indenture, appointing any such co-
trustee or sepa ra t e trustee, shall refer to this Indenture and thecondi-
tions of this Article XI expressed, and upon the acceptance in writing by
such separate trustee or co-trustee, he, they or it shall be vested with
the estate or property specified in such instrument, jointly with the
Trustee (except insofar as local law makes it necessary for any separate
trustee to act alone), subject to all the trusts, conditions and provi-
sions of this Indenture. Any such separate trustee or co-trustee may at
any time, by an instrument in writing, constitute the Trustee as his,
their, or its agent or attorney-in-fact with full power and authority, to
the extent authorized by law, to do all acts and things and exercise all
discretion authorized or permitted by him, them or it, for and on behalf
of him, them or it and in his, their or its name. In case any separate
trustee or co-trustee shall die, become incapable of acting, resign or be
removed, all the estate, properties, rights, powers, trusts, duties and
obligations of said separate trustee or co-trustee shall vest in and be
exercised by the Trustee until the appointment of a new trustee or a
successor to such separate trustee or co-trustee.
ARTICLE XII
SUPPLEMENTAL INDENTURES
. Section 1201. The City and the Trustee may, from time to time,
wlthout the approval of any bondholder, enter into such indentures sup-
plemental hereto as shall not be inconsistent with the terms and provi-
sions hereof (which supplemental indenture shall hereafter form a part
hereof), (a) to cure any ambiguity or formal defect or omission in this
Indenture or in any supplemental indenture, or· (b) to grant to or confer
upon the Trustee for the benefit of the bondholders any additional rights,
remedies, powers, authority or security that may lawfully be granted to or
conferred upon the bondholders or the Trustee or (c) to subject to the
lien and pledge of this Indenture additional revenues, properties or
collateral or (d) in connection with the issuance of additional Bonds
pursuant to the provisions of Section 202 B. hereof.
Section 1202. Subject to the terms and provisions contained in this
Section, and not othe rwf se , the holders of not less than two-thirds (2/3)
in aggregate principal amount of the Bonds then outstanding shall have
the right, from time to time, anything contained in this Indenture to
the contrary notwithstanding to consent to and approve the execution by
the City and the Trustee of such indenture or indentures supplemental
hereto as shall be deemed necessary and desirable by the City for the
purpose of modifying, altering, amending, adding to or rescinding, in any
particular, any of the terms or provisions contained in this Indenture or
in any supplemental indenture; provided, however, that nothing herein con-
tained shall permit, or be construed as permitting (a) an extension of the
maturity of the principal of or the interest on any Bond issued hereunder,
or (b) a reduction in the principal amount of any Bond or the rate of
interest thereon, or (c) the creation of a lien upon the Project or a
pledge or revenues pledged to the Bonds other than the lien and pledge
created by this Indenture, or (d) a privilege or priority of any Bond or
Bonds over any other Bond or Bonds, or (e) a reduction in the aggregate
principal amount of the Bonds required for consent to such supplemental
indenture. Nothing herein contained, however, shall be construed as making
necessary the approval of bondholders of the execution of any supplemental
indenture as provided in Section 1201 of this Article.
If, at any time the City shall request the Trustee to enter into any
supplemental indenture for any of the purposes of this Section, the
Trustee shall, at the expense of the City, cause notice of the proposed
execution of such supplemental indenture to be published one time in a
daily newspaper of general circulation published in the City of Little
Rock, Arkansas. Also a copy of the notice shall be mailed by first class
mail to each registered owner at his address on the bond registration book
maintained by the Trustee. Such notice shall briefly set forth the nature
of the proposed supplemental indenture and shall state that copies thereof
are on file at the principal office of the Trustee for inspection by bond-
holders. If all outstanding Bonds are registered as to principal or as
to principal and interest notice by first class mail only shall be re-
quired and it shall not be necessary to publish the notice. The Trustee
shall not, however, be subject to any liability to any bondholder by reason
of its failure to publish or mail such notice, and any such failure shall
not affect the validity of such supplemental indenture when consented to
and approved as provided in this Section. If the holders of not less than
two-thirds (2/3) in aggregate principal amount of the Bonds outstanding
at the time of the execution of any such supplemental indenture shall have
consented to and approved the execution thereof as herein provided, no
holder of any Bond shall have any right to object to any of the terms and
provisions contained therein, or the operation thereof, or in any manner
to question the propriety of the execution thereof, or to enjoin or re-
strain the Trustee or the City from executing the same or from taking any
action pursuant to the provisions thereof. Upon the execution of any such
supplemental indenture, this Indenture shall be and be deemed to be modi-
fied and amended in accordance therewith.
Section 1203. Anything herein to the contrary notwithstanding, a
supplemental indenture under this Article XII shall not become afective
unless and until the Lessee under the Lease Agreement shall have consented
to the execution and delivery of such supplemental indenture. In this
regard, the Trustee shall cause notice of the proposed execution and
delivery of any such supplemental indenture together with a copy of the
proposed supplemental indenture to be mailed by certified or registered
mail to the Lessee under the Lease Agreement at least fifteen (15) days
prior to the proposed date of execution and delivery of any such supple-
mental indenture. The Lessee under the Lease Agreement shall be deemed
to have consented to the execution and delivery of any such supplemental
indenture if the .Trustee receives a letter or other instrument signed by
an authorized officer of the Lessee under the Lease Agreement expressing
said consent.
ARTICLE XIII
AMENDMENT TO LEASE AGREEMENT OR
BAXTER GUARANTY AGREEMENT
Section 1301. The Trustee may from time to time, and at any time,
consent to any amendment, change or modification of the Lease Agreement
or the Baxter Guaranty Agreement for the purpose of curing any ambiguity
or formal defect or omission or making any other change herein, which in
the reasonable judgment of the Trustee is not to the prejudice of the
Trustee or the holders of the Bonds. The Trustee shall not consent to
any other amendment, change or midification of the Lease Agreement or
the Baxter Guaranty Agreement without the approval or consent of the
holders of not less than two-thirds (2/3) in aggregate principal amount
of the Bonds at the time outstanding, evidenced in the manner provided
in Section 1401 hereof.
Section 1302. If at any time the City or Lessee under the Lease
Agreement or the Guarantor under the Baxter Guaranty Agreement shall
request the Trustee's consent to a proposed amendment, change or modi-
fication to be published one time in a newspaper published in the City
of Little Rock, Arkansas, and of general circulation throughout the
State of Arkansas. Also a copy of the notice should be mailed by first
class mail to each registered owner at his address on the bond regis-
tration book maintained by the Trustee. Such notice shall briefly set
forth the nature of such proposed amendment, change or modification and
shall state that copies of the instrument embodying the same are on file
in the principal office of the Trustee for inspection by any interested
bondholder. If all outstanding Bonds are registered as to principal or
as to principal and interest, notice by first class mail only shall be
required and it shall hot be necessary to publish the notice. The
Trustee shall not, however, be subject to any liability to any bond-
holder by reason of its failure to publish or mail such notice, and any
such failure shall not affect the validity of such amendment, change or
modification when consented by the Trustee in the manner hereinabove
provided.
ARTICLE XIV
MISCELLANEOUS
Section 1401. Any request, direction, objection or other instrument
required by this Indenture to be signed and executed by the bondholders
may be in any number of concurrent writings of similar tenor and may be
signed or executed by such bondholders mperson or by agent appointed in
writing. Proof of the execution of any such request, direction, objec-
tion or other instrument or of the writing appointing any such agent
and of the ownership of Bonds, if made in the following manner, shall
be sufficient for any of the purposes of this Indenture, and shall be
conclusive in favor of the Trustee with regard to any action taken by
it under such request or other instrument, namely:
(a) The fact and date of the execution by any person of any such
writing may be proved by the certificate of any officer in any juris-
diction who by law has power to take acknowledgments within such juris-
diction that the person signing such writing acknowledged before him the
execution thereof, or by an affidavit of any witness to such execution.
(b) The fact of holding by any person of Bonds and/or coupons
transferable by delivery and the amounts and numbers of such Bonds, and
the date of the holding of the same,may be proved by a certificate execu-
ted by any trust company, bank or bankers, wherever situated, stating that
at the date thereof the party named mherein did exhibit to an officer of
such trust company or bank or to such banker, as the property of such
party, the Bonds and/or coupons therein mentioned if such certificate shall
be deemed by the Trustee to be satisfactory. The Trustee may, in its dis-
cretion, require evidence that such Bonds have been deposited with a bank,
bankers or trust company, before taking any action based on such ownership.
For all purposes of the Indenture and of~the proceedings for the en-
forcement thereof, such person shall be deemed to continue to be the holder
of such Bond until the Trustee shall have received notice in writing to
the contrary.
Section 1402. With the exception of rights herein expressly con-
ferred, nothing expressed or mentioned in or to be implied from this
Indenture, or the Bonds issued hereunder, is intended or shall be con-
strued to give to any person or company other than the parties hereto,
and the holders of the Bonds and coupons secured by this Indenture any
legal or ~quitable rights, remedy or claim under or in respect to this
Indenture or any covenants, conditions and provisions hereof being in-
tended to be and being for the sole exclusive benefit of the parties
hereto and the holders of the Bonds and coupons hereby secured as herein
provided.
Section 1403. If any provisions of this Indenture shall be held or
deemed to be or shall, in fact be inoperative or unenforceable as applied
in any particular case in any jurisdiction or jurisdictions or in all
jurisdictions or in all cases because it conflicts with any provisions
or any constitution or statute or rule of public policy, or for any other
reason, such circumstances shall not have the effect of rendering the
provision in question inoperative or unenforceable in any other case or
circumstance, or of rendering any other provision or provisions herein
contained invalid, inoperative or unenforceable to any extent whatever.
The invalidity of anyone or more phrases, sentences, clauses or
paragraphs in this Indenture contained shall not affect the remaining
portions of this Indenture or any part thereof.
Section 1404. 1m shall be sufficient service of any notice, request,
complaint, demand or other paper on the City if the same shall be duly
mailed to the City by registered or certified mail addressed to the Mayor
of the City or to such address as the City may from time to time file with
the Trustee.
Section 1405. This Indenture shall be considered to have been execu-
ted in the State of Arkansas and it is the intention of the parties that
the substantive law of the State of Arkansas governas to all questions of
interpretation, validity and effect.
Section 1406. This Indenture may be simultaneously executed in
several counterparts, each of which shall be an original and all of which
shall constitute but one and the same instrument.
IN WITNESS WHEREOF, The City of Mountain Home, Arkansas, has caused
these presents to be signed in its name and behalf by its Mayor and its
corporate seal to be hereunto affixed and attested by its Clerk, and, to
evidence its acceptance of the trust hereby created, Union National Bank
of Little Rock, Little Rock, Arkansas, has caused these presents to be
signed in its behalf by ins and its corporate seal to be
hereto affixed and attested by its
By
Mayor
City Clerk
(SEAL)
By
(title)
(title)
(SEAL)
Section 3. That the Mayor and City Clerk, for and on behalf of
the City, be, and they are hereby, authorized and directed to do any and
all things necessary to effect the execution and delivery of the Inden-
ture, its execution and acceptance by the Trustee, the performance of
all obligations of the City under and pursuant to the Indenture the
execution and delivery of the Series 1976 Bonds, the execution ~nd de-
livery of an Official Statement, and the performance of all acts of
whatever nature necessary to effect and carry out the authority con-
ferred by the Indenture and by this Ordinance. That the Mayor and
City Clerk be, and they are hereby, further authorized and directed, far
and on behalf of the City, to execute all papers, documents, certificates
and other instruments that may be required for the carrying out of such
authority or to evidence the exercise thereof.
Section 4. That the City is here involved with the acquiring, con-
structing and equipping of industrial facilities, and therefore, pursuant
to applicable laws of the State of Arkansas, including particularly Act
No.9, competitive bidding is waived.
Section 5. That the provisions of this Ordinance are hereby
declared to be separable, and if any section, phrase or provision
shall for any reason be declared to be invalid, such declaration
shall not affect the validity of the remainder of the sections,
phrases and provisions.
Section 6. That all ordinances, resolutions and parts thereof
in conflict berewith are hereby repealed to the extent of such
conflict.
Section 7. That there is hereby found and declared to be an
immediate ne~d 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 other action authorized hereby are
immediately necessary for the accomplishing of these public benefits
and purposes. 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 be in force and effect
immediately upon and after its passage.
PASSED:
'----/Y7 "" - ~7 6
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..•.•Yt~~,(L~.£
_--"- J' , 197 .
APPROVED:
ATTEST:
(SEAL)
between
and
ARTICLE I
DEFINITIONS
Section 101 Definitions
Section 102 Use of Words
ARTICLE II
CONSTRUCTING AND EQUIPPING OF PROJECT
Section 201 Constructing and Equipping of Project
Section 202 Insurance to be Maintained on Project During Construction
Section 203 Itemization of Project Costs; Issuance of Additional Series;
Bond Proceeds to be Deposited in Construction Fund; Author-
ized Disbursements From Construction Fund
Section 204 Lessee to Have Peacefulaand Quiet EnjoYment
Section 205 Lessor Covenants to Enforce Contracts and Correct Defective
Work with Expenses Incurred Constituting Part of Project
Costs
ARTICLE III
DEMISING CLAUSES, DURATION OF LEASE TERM
AND RENTAL PROVISIONS
Section 301 Demise of Leased Premises
Section 302 Term of Lease and Agreement
Section 303 Basic Rent; Additional Rent; Absolute and Unconditional
Obligation to Pay Bas~c Rent and Additional Rent
Section 304 Method of PaYment of Basic Rent and Additional Rent
ARTICLE IV
TAXES AND ASSESSMENTS (IMPOSITIONS)
Section 401 Taxes and Assessments (~positions)
Section 402 Leased Premises Exempt From Ad Valorem Taxes; Contest
of Attempted Levy Authorized
ARTICLE V
INSURANCE
Section 501 Insurance Required
ARTICLE VI
REPAIRS AND MAINTENANCE OF
PREMISES AND ALTERATIONS
Section 601 Lessee Obligated to Maintain Buildingsaand Improvements
Section 602 Lessee Has Right to Make Additions, Alterations and
Changes
Section 603 Structural Improvements and Alterations Become Property
of Lessor; Machinery, Equipment and Other Property In-
stalled at Lessee's Expense Remain Its Property with
right of removal
Section 604 Property on leased premises at sole risk of lessee
Section 605 Lessee obligated to maintain Lessor's machinery and
equipment
ARTICLE VII
USE OF PREMISES -
COMPLIANCE WITH ORDERS, ETC.
Section 701 Permitted use of leased premises and compliance with
laws, etc.
Section 702 Lessor's Covenant not to impose burdensome laws, etc.
ARTICLE VIII
WORK PERFORMED BY LESSEE
Section 801 Obligations of parties concerning work on leased
premises and obtaining necessary permits
ARTICLE IX
MECHANICS' LIENS
Section 901 Lessee to Keep leased premises free of colltruction
liens
ARTICLE X
INDEMNIFICATION OF LESSOR AND TRUSTEE
Section 1001 Indemnification of Lessor and Trustee
ARTICLE XI
LESSOR MAY PERFORM LESSEE'S OBLIGATIONS
Section 1101 Lessor may perform Lessee's obligations; Lessee to
reimburse lessor for costs and expenses incurred in
doing so
ARTICLE XII
PUBLIC UTILITIES AND CHARGES
Section 1201 Lessee to pay public utility charges
ARTICLE XIII
INSBECTION OF LEASED PREMISES
BY TRUSTEE
Section 1301 Lessor to permit trustee inspection of leased premises
ARTICLE XIV
DAMAGE AND DESTRUCTION
Section 1401 Lessee to restore in event of damage or destr-uction;
application of insurance moneys
Section 1402 No dim~nution in Lessee's obligation to pay basic
rent and perform other covenants
Section 1403 Lessee not obligated to restore if purchase option
exercised or all outstanding bonds paid
ARTICLE XV
CONDEMNATION
Section 1501 Rights of parties in event of condemnation; bonds
protected in any event
Section 1502 Lessee obligated to continue basic and additional
rental payments until condemnation award available
Section 1503 Lessee's right to exercise options continues in
force notwithstanding condemnation proceedings
Section 1504 Right of lessee to participate in condemnation
proceedings.
ARTICLE XVI
ASSIGNMENT
Section 1601 Assignment and subletting permitted by Lessee not
relieved of obligations; Assignment to Trustee permitted
ARTICLE XVII
PRIORITY OF LEASE
Section 1701 Lease and Agreement superior and prior
ARTICLE XVIII
REMEDIES ARE CUMULATIVE -
NO IMPLIED WAIVER
Section 1801 Specific relief; Remedies are cumulative; no implied
waiver
ARTICLE XIX
DEFAULT PROVISIONS
Section 1901 Events of Default
Section 1902 Remedies
Section 1903 Remedies Not exclusive
Section 1904 Rental, damages and reletting handled as provided in
Lease and Agreement and Indenture
Section 1905 Lessor and Lessee covenant not to take any action or
permit any action which may cause interest on the bonds
to be subject to Federal income taxation
ARTICLE XX
LESSEE'S OPTIONS
Section 2001 Extension options
Section 2002 Purchase options
ARTICLE XXI
NOTICES
Section 2101 Notices
ARTICLE XXII
RECORDING
Section 2201 Recording
.ARTICLE XXIII
GENERAL
Section 2301 Arkansas Law Applicable
Section 2302 Severability
Section 2303 Captions for reference only
Section 2304 Trustee's rights cease when bonds and Trustee's fees
paid or provided for
Section 2305 Enforcement rights of Trustee
Section 2306 Provisions binding on successors and assigns
Section 2307 Trustee's consent required for modification
Section 2308 Lessee furnish Lessor and Trustee Annual Reports
Section 2309 Redemption of Bonds
Section 2310 Consolidation, Merger or Sale permitted in certain
circumstances
Section 2311 Lessor to grant sewer, utility, road and street easements
Section 2312 Lessor and Lessee covenant to keep instruments recorded
ARTICLE XXIV
EXPANSION OF FACILITIES
Section 2401 Expansion of facilities
Section 2402 Provisions made in Trust Indenture for release of lands
involved in expansion from Lien of Indenture; consideration
paid for lands involved in expansion
Section 2403 No diminution of Lessee's obligations to pay basic and
additional rental
Section 2404 Lands that may be included in expansion
Section 2405 Rights under Article XXIV are in addition to other rights
and options under Lease and Agreement
ARTICLE x:xY
REMOVAL AND DISPOSAL OF PROPERTY
Section 2501 Lessee's rights and obligations concerning removal and
disposal of building service equipment
Section 2502 Lessee's rights and obligations concerning removal and
disposal of lessor's machinery and equipment
Section 2503 Lessee to report upon request dispositions or removals
under Sections 2501 and 2502
LEASE AND AGREEMENT
DEFINITIONS
ARTICLE II
Section 201. The Lessee has undertaken and will complete the
acquiring, constructing and equipping of the Project and has executed,
or will execute necessary contracts and purchase orders therefor.
The Lessee shall be reimbursed out of the Construction Fund for all
expenditures made by it in connection with the acquiring, construct-
ing and equipping of the Pruject. Title to the lands, improvements,
machinery, equipment and facilities paid for out of the Construction
Fund (either by direct paYment or by virtue of reimbursemrnt to the
Leassee) shall be placed in the Lessor. Lessee may amend, modify,
authorize or undertake any changes, alterations, extras or additions
to or from any contracts and purchase orders.
ARTICLE III
DEMISING CLAUSES, DURATION OF LEASE TERM AND
RENTAL PROVISIONS
Section 301. Lessor, for and in consideration of the rents,
covenants and agreements herein reserved, mentioned and contained,
on the part of Lessee to be paid, kept and performed, agrees to and
does hereby lease to Lessee, and Lessee agrees to, and does hereby
lease, take and hire from Lessor, subject to the terms, conditions
and provisions of this Lease Agreement expressed, the following:
(a) The lands situated in Baxter County, Arkansas, described
in Exhibit A attached hereto (the "lands");
(b) The buildings, structures and other improvements now or
at any time herea$ter erected and installed on the lands;
(c) All accretions, easements, rights of way and appurtenances
belonging or in any wise appertaining to the lands and/or the im-
provements described in (a) and (b) above; and
(d) All machinery, equipment and other personal property of
every kind and nature whatever acquired by Lessor and paid for out
of the Construction Fund and placed on or in the lands and/or the
improvements described in (a) and (b) above, or elsewhere, including,
without limitation, all replacements and substitutions which become
the property of the Lessor pursuant to the provisions of this Lease
Agreement. All such machinery, equipment and other personal property
shall be identified in a ledger, one copy of which shall be filed
with the Trustee and one copy maintained by Lessee on the leased
premises and shall be marked by an appropriate tag or other device
as being the property of the Lessor; provided, however, the failure
to so tag or mark shall not prevent any item of Lessor's machinery
and equipment from becoming part of Lessor's machinery and equipment
if, pursuant to the provisions hereof, it should be part thereof.
The machinery, equipment and other personal property leased hereby
shall be referred to herein as "Lessor's machinery and equipment."
The properties described in (a), (b), (c) and (d) above are
herein collectively referred to as the "leased premises."
~O HAVE AND TO HOLD the leased premises unto the Lessee for
the term of this Lease Agreement as hereafter set forth.
Section 302. The initaal term of this Lease Agreement shall
commence on March 3, 1976, and shall continue until March 3, 1996,
and as long thereafter as any of the Bonds remain outstanding under
the Indenture.
Section 303. (a) Basic Rent.
(a) Lessee covenants to pay to Lessor in the manner hereinafter
provided in Section 304, basic rent as folloW8+ payable on the dates
and in the amounts indicated:
ARTICLE IV
. TAXES AND ASSESSMENTS (IMPOSITIONS)
Sectl0n 401. Subject to the provisions of Section 402, Lessee
sha~l pay all taxes and assessments, general and specific, if any,
levled and assessed on the leased premises during the term, and all
water and sewer charges, assessments, and other governmental charges
and impositions whatsoever, foreseen and unforeseen, which if not
paid when due, would impair the lien of the Trust Indenture on the
leased premises or the security of the Bonds, encumber Lessors title,
or impair the right of the Lessor and the Trustee to receive the rents
hereunder or in any manner whatsoever diminish the amounts thereof, all
of which are herein called "impositions;!! provided, however, that any
impositions relating to a fiscal period of the taxing authority, part
of which extends beyond the term, shall be apportioned as of the ex-
piration of the term. Lessor shall promptly forward to Lessee any
notice, bill or other statement received by Lessor concerning any
impositions. Lessee may pay any imposition in installments if so
payable by law, whether or not interest accrues on the unpaid balance.
Section 402. Lessee may contest any imposition and need not pay
the same during the pendency of such contest except the Lessee shall in
all events, pay if and when necessary to prevent the leased premises
becoming subject to loss or forfeiture. The Lessor hereby agrees that
it will cooperate with the Lessee in resisting any such impositions if
and to whatever extent the Lessee may request.
ARTICLE ..
V
INSURANCE
Section 501. A. Lessee shall, at Lessee's sole cost and expense,
keep the leased premises insured:
(i) Against the perils of fire and the hazards ordinarily
inc£mded under broad form extended coverage endorsements
in amounts necessary to prevent the application of the co-
insurance provisions of the applicable policies but not
less than 80% of the full insurable value thereof within
the terms of applicable policies.
(ii) If there are boiler or pressure vessels, from boiler
or pressure vessel explosion in an amount customarily
carried in the case of similar industrial operations.
The term "full insurable. value" means such value. as shall be deter-
mined from time to time at the request of Lessor, Lessee or Trustee (but
not more frequently than once in every forty-eight (48) months by one of
lihe insurers selected by Lessee.
B. At all times during the term, Lessee shall, at no cost or
expense to Lessor, maintain or cause to be maintained:
(i) General Public Liability insurance against claims for
bodily injury or death occurring upon,in or about the leased
premises with such insurance to afford protection to the limit
of not less than $100,000 in respect of damages to the property
of anyone owner.
C. The insurance required by this Article V shall be maintained
in full force and effect at all times during the term of this Lease
Agreement, except:
(i) The insurance required by Section 501 A (i) need not be
placed in force and effect until the completion of the con-
struction of the Project, privided, however, that in no event shall the in-
surance required by Section 501 A. (i) be place into force and effect later
than the ecpiration of insurance carried pursuant to the provisions of Article
II hereof, with the end in view of having full insurance coverage at all times;
(ii) The insurance required by Section 501 B. need not be placed into force
and effect until Lessee occupies the Project, either upon completion or be-
fore completion in the event Lessee undertakes to perform work or store
materials and supplies in the Project prior to completion as permitted by
the provisions of Article II hereof.
D. Copies or certificates of the insurance provided for by this Article or
elsewhere in this Lease Agreement shall be delivered bv Lessee to the Lessor and
the Trustee. And, in the case of expiring policies throughout the term, copies or
certificates of any new or renewal policies shall be delivered by Lessee to Lessor
and the Trustee. At the time of the delivery of this Lease Agreement, copies or
certificates of all insurance meeting the requirements of this Lease Agreement shall
be delivered to the Trustee.
E. Policies of insurance provided for in Section 501 A. of this Article V
shall name the Lessor and the Lessee as insureds as their respective interests may
appear, provided, however, that the Trustee shall also be named as a party insured
purauant to a standard mortgagee clause as tis interests may appear.
F. All insurance required by this Section 501 shall be effected with insurance
companies qualified to do business of the State of Arkansas selected in each in-
surance policy making each policy noncancellable without at least ten (10) days prior
written notice to Lessor, Lessee and the Trustee. Also, it is agreed that no claim
shall be made and no suit or action at law or in equity shall be brought by the
Lessor or by anyone claiming by, through or under Lessor, against Lessee for any
damage to the Project covered by the insurance provided for by this Article V,
however caused, but nothing in this Subsection F shall diminish Lessee's obligation
to repair or rebuild as prvided in Article XIV. The Lessee shall have the sole
right and responsibility to adjust any loss with the insurer involved and to conduct
any negotiations in connection therewith.
ARTICLE VI
Section 601. Lessee shall throughout the term, at no cost and expense to
Lessor, maintain, or cause to be maintained, and at the expiration of the term here-
of sub ect to the provisions of Article XX hereof, yield up or cause to be yielded
up, in good and tenantable repair, order and condition, reasonable wear and tear
excepted, the buildings and improvements now or at any time erected on the lands in-
cluded in the leased premises and promptly at no cost and expense to Lessor make or
cause to be made all necessary repairs, interior and exterior, structural and non-
structural, foreseen as well as unforeseen to such buildings and improvements.
Section 602. Lessee shall have the right from time to time to make additions,
alterations and chages in or to the improvements constituting part of the leased
premises and shall have the right to construct any improvements, provided that no
alterations shall be made which would substantially affect the structural integrity
of the improvements. It is understood and agreed that in the event the Lessee makes
any additions, alterations and changes in or to the improvements constitiuting part
of the leased premises as authorized by this Section 602, the Lessee shall be under
no obligation at the expiration of the term to restore the leased premises to their
original condition prior to such additions, alterations or changes.
Section 603. All structural improvements and alterations made on the leased
premises by or on behalf of Lessee shall immediately upon completion therof be and
become the property of the Lessor without payment therefor by Lessor but subject to
this Lease Agreement. All machinery and equipment, trade fixtures, movable partitions.
furniture and furnishings and other property installed at the expense of Lessee shalJ
remain the property of the Lessee with the right of removal, whether or not affixed
and/or attached to the real estate, and the Lessee shall, so long as it is not in
default hereunder, be entitiled but shall not be obligated to remove the same, or
any part thereof, during the term, or within a reasonable time thereafter, but
Lessee shall at its own cost and expense repair any and all damages to the leased
premises resulting from or caused by their removal therefrom.
Section 604. All property of any kind which may be on the leased premises
(whether belonging to the Lessor, Lessee or to any third person) shall be at the sole
risk of Lessee and those claiming by, through or under Lessee and Lessor shall not
be liable to Lessee or to those claiming by, through or under Lessee or to said third
persons for any injur", loss or damage to any person or property on the leased premisec
Section 605. Lessee shall throughout the term, at no cost and expense to
Lessor, maintain or cause to be maintained, and, subject to the provisions of Article
XX and XXV hereof, at the expiration of the term hereof yield up, in good repair,
order and condition, reasonable wear and tear excepted, Lessor's machinery and equipmer
ARTICLE VII
Section 701. Subject to the following provisions of this Section 701, Lessor
and Lessee agree that Lessee may use the leased premises for any lawful prupose.
Lessee shall during the term promptly comply with all valid statutes, laws, ordin-
ances, orders, judgments, decrees, regulations, directions and requirements of all
federal, state, local and other governments or governmental authorities, now or here-
after applicable to the leased premises. Lessee shall, however, have the right to
contest any of the foregoing, and if compliance therewith may legally be held in
abeyance during such contest without incidence of any liens on the leased premises,
Lessee may postpone compliance until final determination of such contest, provided
such contest shall be prosecuted with due diligence; and even though a lien against
the leased premises may be incurred by reason of such non-compliance, Lessee may never-
theless delay compliance therewith during contests thereof, provided Lessee, if re-
quired, furnishes Lessor reasonably satisfactory security against any loss by reason
of such lien and effectively prevents foreclosure thereof. Lessee shall during the
term comply with the mandatory requirements, rules and regulations of all insurers
under the policies required to be carred under the provisions of this Lease Agree-
ment.
Section 702. Lessor convenants that, to the full extent permitted by law,
it will not attempt to impose upon the use or occupancy of the leased premises by
the Lessee any laws, ordinances, rules or regulations more burdensome or restrictive
than those in effect upon the date of execution of this Lease Agreement.
ARTICLE VIII
Section 801. Lessee shall not do or permit others under its control to do any
work on the leased premises related to any repair, rebuilding, alteration of or add-
ition to the improvements constituting part of the leased premises unless Lessee
shall have first procured and paid for all requisite municipal and other goven-
mental permits and authorizations. Lessor shall join in the application for any
such permit or authorization whenever required, but Lessee shall indemnify and hold
Lessor harmless against and from all costs and expenses which may be thereby incurred
bv Lessor. All such work shall be done in a good and workmanlike manner and in
compliance with all applicable building, zoning and other laws, ordinances, govern-
mental regulations and requirements and in accordance with the reasonable require-
ments, rules and regulations of all insurers under tho policies required to be
carried by the provisions of this Lease Agreement.
ARTICLE IX
MECHANICS' LIENS
Section 901. If any lien shall be filed against the interest of Lessor,
Lessee or the Trustee in the leased premises or asserted against any rent payable
hereunder, by reason of work, lavor, services or materials supplied or claimed to have
been supplied on or to the leased premises at the request or with the permission
of Lessee, or anyone claiming under Lessee, Lessee shall, within thirty (30) days
after receipt of notice of the filing thereof or the assertion thereof against such
rents, cause the same to be discharged of record, or effectively prevent the en-
forcement or foreclosure thereof against the leased premises or such rents, by con-
test, payment, deposit, bond, order of Court or otherwise. Nothing contained in this
Lease Agreement shall be construed as constitiuting the express or implied consent
to or permission of Lessor for the performance of any labor or services or the
furnishing of any materials that would give rise to any such lien against Lessor's
interest in the leased premises.
ARTICLE X
Section 1001. Commencing with the completion of the Project or when the
Lessee takes possession if prior to the completion, Lessee shall and agrees to indemnify
and save Lessor and the Trustee harmless against and from all claims by or on bahalf
of any person, firm or corporation arising frome the conduct or management of, or
from any work or thing done on, the leased premises during the term, and against
and from all claims arising during the term from (a) any condition of the leased
premises, (b) any breach or default on the part of Lessee in the perfomance of any
of its obligations under this Lease Agreement, (c) any act or negligence of Lessee
or of any of its agents, contractors, servants, employees or licensees, or (d) any
act or negligence of any assignee or sublessee of Lessee, or of any agents, contractors,
servants, employees or licensees of any assignee or sublessee of Lessee. Lessee
shall indemnify and save Lessor and the Trustee harmless from and against all costs
and expenses incurred in or in connection with any such claim arising as aforesaid,
or in connection with any action or proceeding brought thereon, and upon notice
from Lessoy, or the Trustee, Lessee shall defend them or either of them in any such
action or proceeding.
ARTICLE XI
Section 1101. If Lessee shall fail to keep or perform any of its obligations
as provided in this Lease Agreement in respect of (a) maintenance of insurance; (b)
payment of impositions; (c) repairs and maintenance of the leased premises; (d) com-
pliance with legal or insurance requirements; (e) keeping the leased premises lien
free; or (f) making of any other payment of performance of any other obligation, then
Lessor may (but shall not be obligated to do so), upon the continuance of such failure
on Lessee's part for thirty (30) days after written notice to Lessee, and without
waiving or releasing Lessee from any obligation, and as an additional but not ex-
clusive remedy, make any such payment or perform any such obligation (not under cir-
cumstances where such payment or performance would defeat any right, herein speci-
fically given to Lessee, to withhold such performance or to contest such obligation
to the extent herein provided), and all sums so paid by Lessor and all necessary
incidental costs and expenses incurred by Lessor in making such payment or performing
such obligation shall be deemed additional rent and shall be paid to Lessor on
demand, or at Lessor's option may be added to any installment of basic rent there-
after falling due, and if not so paid by Lessee, Lessor shall have the same rights
and remedies as in the case of default by Lessee in the payment of the basic rent.
ARTICLE XII
Section 1201. Lessee agrees to payor cause to be paid all charges for water,
gas, sewer, electricity, light, heat or power, telephone or other service used,
rendered or supplied to or for the Lessee upon or in connection with the leased
premises throughout the term of this Lease Agreement, and to indemnify Lessor and
save it harmless against any liability or damage on such account.
ARTICLE XIII
Section 1301. Lessee shall permit the Trustee by its authorized representa-
tives, to enter the leased premises at all reasonable times during usual business
hours for the purpose of inspection, and for the performance of any work therein
maae mecessary by reason of Lessee's default under any of the provisions of this
Lease Agreement.
ARTICLE XDJ
Section 1401. A. Lessee covenants and agrees that in the event If damage
to or destruction of the leased premises, or any part thereof, by fire or other
casualty, the Lessee shall immediately notify the Lessor and the Trustee. If the
damage is in the amount of $100,000 or less, Lessee shall proceed to restore, repair ,
rebuild or replace the leased premises to the same extent, if any, required so that
in the judgment of the Lessee, the leased premises are suitable for use for Lessee's
purpose under this Lease Agreement subject to such alteration as Lessee may elect to
make in conformity with the provisions of Article VI hereof. If the damage exceeds
$100,000, Lessee shall, at no cost and expense to Lessor or Trustee, proceed to re-
store, repair, rebuild or replace the leased premises as nearly as possible to the
condi tion they "Jere in immediately proir to such damage or destruction, subj ect to
such alterations as Lessee may elect to make in conformity with the provisions of
Article VI hereof. Any item of machinery and equipment acquired as a replacement
acquired as a replacement hereunder, or any item acquired, in whole or in part, out
of insurance proceeds under this Article XDJ, whether or not a replacement of or sub-
stitute for any item of dam~d or destroyed machinery and equipment, if the insurance
proceeds with which such item of machinery and equipment was purchased, in whole or
inpart, were derived from insurance on property which was part of Lessor's machinery
andequipment, shall be and become the property of Lessor and shall be part of Lessor's
machinery and equipment and subject to this Lease Agreement. Such restoration, re-
pairs, replacements or rebuilding shall be commenced promptly and prosecuted with
reasonable diligence.
B. All insurance money paid on account of such damage or destruction shall
be paid to the Trustee and applied as hereinafter ser forth to the payment of the
cost of the aforesaid restoration, repairs, replacements or rebuilding, rncluding
expenditures made for temporary repairs or for the prptection of property pending
the compoetion of permanent restoration, repairs, replacements, or rebuilding or to
prevent interference with the business operated thereon (sometimes referred to as
the "restoration"). In the case of damage involving a loss of $100,000 or less, the
insurance proceeds shall be paid by the Trustee to the Lessee upon receipt by Lessor
and the Trustee of a certificate signed by an officer of Lessee that the restoration
has been made, or is in the process of being made in accordance with the provisions
of Subsection A hereof pertaining to Lessee's obligation to restore. In the case of
damage involving a loss of more than $100,000, the insurance proceeds shall be paid
by the Trustee to the Lessee upon receipt by Lessor and the Trustee of:
A certificate signed bv an officer of the Lessee:
(i) requesting payment of a specified amount of such insurance proceeds;
(ii) detailing the progress of the restoration and repair work;
(iii) stating that such specified amount does not exceed the estimated cost
of the work and materials in connection with the restoration, including as part
thereof the estimated fees of any architect or engineer, if any; and
(iv) stating that no part of such cost has previously been made the basis of
anv request for the withdrawal of insurance proceeds under this Article.
.ARTICLE XI!
CONDEMliJATION
Section 1501. A. If during the term of this Lease Agreement title to all or
substantially all of the leased premises shall be taken or condemned by a competent
authority for any public use or purpose, then the term of this Lease Agreement shall
terminate at midnight on the fifteenth day after the vesting of title in such authority
and rent shall be paid to and adjusted as of that day. In that event, subject to the
subsequent provisions of this Section, the condemnation award shall belong to the Lessor
and the Lessee hereby assigns the award to the Lessor. In the event the net amount
awarded as damages or paid as a result of such taking (being the gross award less
attorneys' fees and other expenses and costs incurred in the condemnation proceedings,
hereinafter referred to as the "net award") together with the amount then in the Bond
Fund, shall be insufficient to pay in full, on the redemption date, the amount
necessary to pay all principal, interest, the reasonable Trustee's fees, redemption
premiums, and all other costs of redemption (all of which, for purposes of this
Section, shall be called "total bond redemption expense"), Lessee agrees to pay,
promptly upon payment of the net award, as additional rent hereunder, the amount by
which the total bond redemption expense shall exceed the net award plus the amount
then on deposit in the Bond Fund. The Lessee's agreement pertaihing to this Section
1501 shall survive such termination. For purposes of this Article XI! and of Article
XX, "title to all or substantially all of the leased premises shall be taken or con-
demned" shall be deemed to mean a taking of all of the leased premises or a taking of
such substantial portion of the leased premises that the Lessee, as determined by the
Lessee in its sole discretion, cannot reasonably operate in the remainder in sub-
stantially the same manner as before. In the event the net award, together with the
amount then in the Bond Fund, shall be in excess of thw amount necessary to pay the
total bond redemption expense, if Lessee is not in default in any of its other
obligations under this Lease Agreement involving monetary matters, such excess shall
belong to and be paid to the Lessee, and if Lessee is in default with reference to
any of its monetary obligaions, the amount of the excess over and above thw amount
necessary to satisfy such monetary obligations with reference to which Lessee is in
default shall be paid to Lessee.
B. If less than substantially all of the leased premises shall be taken or
condemned by a competent authority for any public use or purpose, neither the term
nor any of the obligations of either party under this Lease Agreement shall be affected
or reduced in any way, and
(i) If any part of the improvements owned by Lessor on the Leased premises
(improvements as used herein shall include any item of Lessor's machinery and
equipment) is taken, Lessee shall proceed to repair or rebuild (repair or rebuild
shall include replacement of any item of Lessor's machinery and equipment)
the remaining part as nearly as possible to the condition existing prior to
such taking, to the extent that the same may be feasible, subject 'to the right
on the part of the Lessee to make alterations so as to improve the efficiency
of the improvements; and
(ii) The net award shall be paid to the Trustee and by it to the Lessee, and
the Lessor hereby assigns the same to the Trustee for the use of the Lessee in
repairing and rebuilding as provided in (i) above. The net award shall be
transferred to the Lessee in the same manner as is provided in Section1401
with respect to insurance proceeds, provided that the words "insurance proceeds"
there referred to shall for purposes of this subparagraph (ii) refer to "net
award." If the net award is in excess of the amount necessary to repair and
rebuild as specified in (i) above, such excess shall be deposited in the Bond
Fund. If such excess is more than the remaining total basic rent obligations
of the Lessee hereunder, and if at that time Lessee is not in default with respect
to any of its obligations under this Lease Agreement, only that portion thereof
equal to the remaining total basic rent obligations of Lessee shall be depo-
sited in the Bond Fund and the excess shall belong to and shall be paid to the
Lessee, If Lessee is in default with reference to any of its obligations, the
amount of excess over and above the amount necessary to satisfy the obligations
with reference to which Lessee isn in default shall be paid to Lessee. If the
net award is less than the amount necessary for the Lessee to repair and rebuild
as set forth in (i) above, the Lessee shall nevertheless complete the repair
and rebuilding work andpay the cost thereof; and
(iii) If no part of the improvements is taken, the net award shall be paid
to the Trustee and deposited in the Bond Fund.
C. In the event of a takin under either A or B above, the Lessee shall have
the right to participate in and to prove in the condemnation proceedings and to
receive any award (by way of negotiation, settlement or judgment) which may be made
for damages sustained by Lessee by reason of the condemnation; provided, however,
nothing in this subsection C shall be construed to diminish or impair in any way
Lessee's obligation under subsection A of this Section 1501 to pay as additional rent
the amount of any insufficiency of the net award and the funds in the Bond Fund to pay
the total bond redemption expense as therein defined.
D. If the temporary use of the whole or any part of the leased premises shall
be taken by right of eminent domain, this Lease Agreement shall not be thereby ter-
minated and the parties shall continue to be obligated under all of its terms and
provisions and Lessee shall be entitled to receive the entire amount of the award
amde for such taking, whether by way of damages, rent or otherwise.
Section 1502. In the event of a taking of all or substantially all of the
leased premises as provided in Section 1501 A, notwithstanding the provision therein
that the rent shall be paid to and adjusted as of the fifteenth day after vesting of
title in the takin authority, the Lessee agrees to continue to make payment of the
basic rent and the additional rent until the condemnation award shall be actually
received by the Lessor; provided, however, the Lessee shall be repaid solely out of the
net award the amount of rent so paid after the date provided in Section 1501 A for
the adjustment of rent. This agreement to repay shall not be construed in any way to
impair or diminish Lessee's obligations under Section 1501 to pay as additional rent
the amount of any insufficiency of the net award and the funds in the Bond Fund to
pay the total bond redemption expense as therein defined.
Section 1503. Notwithstanding the fact that all or any part of the leased premisE
shall by taken by right of eminent domain, Lessee shall have the right to exercise
any option so exercised by Lessee. In the event of the exercise of an option under
Article XX and payment of the required purchase price, whether before or after such
taking, the net award shall belong to Lessee.
Section 1504. Lessee shall have the sole right, proceeding in the name of the
Lessor, to handle defense of any condemnation proceeding pertaining to or affectin
the leased premises or to handle the prosecution of any proceeding in connection with ~_
a condemnation, pertaining to or affecting the leased premises, and shall have the
sole right, proceeding in the name of the Lessor, to negotiate any settlement or
compensation for a taking pertaining to or affecting the leasedpremises and the Lessor
agrees that it will cooperate with the Lessee in such manner as the Lessee requests
with the end in view of obtaining the maximum possible amount justifiabel as damages
for the taking. The Lessee shall have the right, proceeding in its own name, to prove
in the condemnation proceedings and to receive any award (by way of negotiation,
settlement or judgment) which maybe made for damages sustained by Lessee by reason
of the condemnation.
ARTICLE XVI
ASSIGNME:NT
Section 1601. A. Lessee may assign this Lease or sublet the leased premises
or part thereof provided that no such assignment or subletting and no dealings or
transactions between the Lessor or the Trustee and any sublessee or assignee shall
relieve the Lessee of any of its obligations under this Lease Agreement and Lessee shall
remain as fully bound as tho~gh no assignment or subletting had been made, and per-
formance by any assignee or sublessee shall be considered as performance pro tanto
by Lessee; provided, however, that Lessee may assign this lease, and be thereby
relieved of further obligation hereunder, in connection with a transaction involving
merger, consolidation or sale as permitted under Section 2310 provided the require-
ments thereof are met.
B. It is understood and agreed that this Lease Agreement (and the leased
premises and rents hereunder) will be assigned to the Trustee as security for
the payment of the principal of and interest on the Bonds, but otherwise the Lessor
shall not assign, encumber, sell or dispose of all or any part of its right, title
and interest in and to the leased premises and this Lease Agreement, except to the
Lessee in accordance with the provisions of the Lease Agreement and to the Trustee
under the Trust Indenture, but subject to the provisions of Article XVII hereof,
without the prior written consent of the Lessee.
C. In the event of an assignment or sublease pursuant to the provisions of this
Section 1601, such assignment or sublease shall bind any assignee or subleassee to
perform all obligations of the Lessee and may grant to such sublessee or assignee
any of the rights of the Lessee hereunder" and the Lessor and the Trustee shall have
all the rights and obligations of each hereunder to, against and with reference to
any such assignee or sublessee, to the same extent in any such instance as though
such assignment or sublessee were the original Lessee hereunder.
ARTICLE XVII
PRIORITY OF LEASE
Section 1701. This Lease Agreement (and any amendment or supplement hereto
executed in accordance with and pursuant to the provisions of this Lease Agreement)
and the estate of Lessee hereunder are and shall continue to be superior and prior
to the Trust Indenture (and all supplements thereto).
ARTICLE XVIII
Section 1801. Lessor, Lessee and the Trustee shall each be entitled to specidic
performance, and injunctive or other appropriate equitable relief for any breach or
threatened breach of any of the provisions of this Lease Agreement, notwithstanding
the availability of an adequate remedy at law, and each party hereby waives the right
to raise such defense in any proceeding in equity. The specidic remedies provided
fornin this Lease Agreement are cumulative and are not exclusive of any other remedy.
The failure of either party to insist in anyone or more cases upon strict performance
shall not be construed as a waiver or relinquishment for the future. No acceptance
of rents with knowledge of any default shall be deemd a waiver of such default.
ARTICLE XIX
DEFAULT PROVISIONS
Section 1901. The following shall be "events of default" under this Lease
Agreement and the terms "event of default" or "default" shall mean, whenever they are
used in this Lease Agreement, anyone or more of the following events:
(a) Failure by the Lessee to pay the rents or any part thereof when due and
(i) continuation of said failure for a period of five (5) days after notice by
telegram or if telegraphic service is not available after notice by mail given
to it by either the Lessor or the Trustee that the rent referred to in such
notice has not been received or (ii) continuation of said failure for a period
of ten (10) days.
(b) Failure by the Lessee to observe and perform any covenant, condition or
agreement on its part to be observed or performed, other than as referred to in
subsection (a) of this Section, (i) for a period of thirty (30) days after
written notice, specifying such failure and requesting that it be remedied, given
to the Lessee by the Lessor or the Trustee unless the Lessor and the Trustee shall
agree in writing to an extension of such time prior to its experation or (ii)
for sich longer period as may be reasonably necessary to remedy such default
provided that the Lessee is proceeding with reasonable diligence to remedy the
same.
(c) The dissolution or liquidation of the Lessee or the filing by the Lessee of
a voluntary petition in bankruptcy, or failure by the Lessee promptly to lift
any execution, garnishment or attachment of such consequence as will impair its
ability to carryon its operations at the Project, or the commission by the
Lessee of any act of bankruptcy, or adjudication of the Lessee as bankrupt, or
assignment by the Lessee for the benefit of its creditors, or the entry by the
Lessee into an agreement of compostion with its creditors, or the approval by a
court of competent jurisdiction of a petition applicable to the Lessee in any
proceeding for its reorganization instituted under the provisions of the general
bankruptcy act, as amended, or under similar act which may hereafter be enacted.
The term "dissolution or liquidation of the Lessee," as used in this subsection,
shall not ve construed to include the cessation of the corporate existence of
the Lessee into or with another corporation or a dissolution or liquidation of
the Lessee following a transfer of all or substantially all of its assets as an
entirety, under the conditions permitting such actions contained in this Lease
Agreement.
Section 1902. Whene~er any event of default shall happen and then be continuing,
the Lessor or the Trustee may take any of the following remedial steps:
(a) The Lessor, with the prior written consent of the Trustee, or the Trustee
may, at its option, declare all installments of rent payable for the remainder
of the term to be immediately due and payable.
(b) The Lessor, with the prior written consent of the Trustee, or the Trustee
may re-enter and take possession of the Project without terminating this Lease
Agreement, and sublease the Project for the account of the Lessee, holding
the Lessee liable for the difference in the rent and other amounts payable by
the Lessee hereunder.
(c) The Lessor with the prior written consent of the Trustee, or the Trustee
ma: terminate the term, exclude the Lessee from possession of the Project and
use its best efforts to lease the Project to another for the account of the Lessee
holding the Lessee liable for all rent and other payments due up to the effecti\
date of any such leasing.
Cd) The Lessor or the Tru,s.:teeshal=lhave-access to and inspBct, ecamine and
make copies of the bCBks anQ:rE!cords'rela"j:;;Lhg
to.tRe leased premises.
(e) The Lessor, with the prior consent of the Trustee, or the Trustee may
take whatever action at law or in equity may appear necessary or desirable to
collect the rent and any other amounts payable by Lessee hereunder, then due
and thereafter to become due, or to enforce performance and observance of any
obligation, agreement or covenant of the Lessee under this Lease Agreement.
Any amounts collected pursuant to action taken under this Section shall be
applied in accordance with the provisions of the Indenture.
Section 1903. No remedy herein conferred upon or reserved to the Lessor or
the Trustee is intended to be exclusive of any other available remedy or remedieds,
but each and every such remedy shall be cumulative and shall be in addition to every
other remedy given under this Lease Agreement or now or hereafter existing at law or
in equity or by statute. No delay or omission to exercise any right or power accruing
upon any default shall impair any such right or power or shall be construed to be
a waiver thereof but any such right or power may be exercised from time to time as
often as may be deemed expedient.
Section 1904. The foregoing provisions of this Article relating to the receipt
of moneys by Lessor as the result of an acceleration, upon a reletting or otherwise
are each to be construed as providing that all such payments by Lessee or others shall
be handled as provided in this Lease Agreement and in the Indenture.
Section 1905. The Lessee covenants with the Lessor, the Trustee and the holders
of all of the Bonds and the coupons, if any, appertaining thereto, that it will take
no other action with resperct to the use of the proceeds from the sale of the BondS
that will result in loss of the federal income tax exemption under Section 103 (d)
of the Code.
Section 1906. In the event the Lessee should default under any of the pro-
visions of this Lease Agreement and the Lessor or the Trustee should employ attorneys
or incur other expenses for the collection of rent or the enforcement of performance
or observance of any obligation or agreement on the part of the Lessee herein contained,
the Lessee agrees that it will on demand therefor pay to the Lessor or the Trustee the
reasonable fee of such attorneys and such other reasonable expenses so incurred by
the Lessor or the Trustee.
ARTICLE xx
LESSEE'S OPTIONS
Section 2001. Lessee shall have and is hereby granted the option to extend this
Lease Agreement for thirty (30) renewal terms of one (1) year each for a basic annual
rental of One Hundred Dollars ($100.00) per year, payable in advance on the first
business day of each year of the extension term, plus the additional rentals heretofore
provided in Article III hereof and otherwise upon the terms, conditions and provisions
of this Lease Agreement. The option provided for herein shall be deemed automatically
exercised by Lessee (without requirement of any notice of exercise) unless thirty (30)
days prior to the end of the initial term or any extension term Lessee shall give
Lessor written notice by certified or registered mail (with or without return receipt
requested) that Lessee does not elect to have the lease term extended beyond the then
current initial or extension term.
Section 2002. A. The Lessee shall have the right and option to purchase the
leased premises at any time if, but only if:
(i) The leased premises shall sustain major damage or destruction; or
(ii) Title to all or substantially all of the. leased premises shall be con-
demned as provided in Article XV hereof; or
(iii) As a result of changes in the Constitution of the United States or of
the State of Arkansas, or of legislative action, or by the final decree,
judgment or order of any court or administrative body entered after Lessee's
contest thereof in good faith, or change in Lessor's legal organization or status,
this Lease Agreement becomes void or unenforceable or impossible of performance
in accordance with the intent and purposes of the parties as expressed in this
Lease Agreement, or unreasonable burdens or excessive liabilities are imposed
upon either party to it; or
(iv) There is legal curtailment of Lessee's use and occupancy of all or sub-
stantially all of the leased premises for any reason other than condemnation
referred to in subsection (ii).
The term "major damage or destruction" as used in subsection (i) is defined to
mean any damage or injury to or destruction of the leased premises or any part thereof
(whether or not resulting from an insured peril) such that the leased premises cannot
reasonably be restored to its condition immediatley preceding such damage, injury or
destruction within al period of seventy-five (75) workin days, or which would prevent
Lessee from carrying on its manufacturin operations therein for a period of seventy-
five (75) working days or the restoration cost of which would exceed the total amount
of insurance carried on the leased premises in accordance with the provisions of Article
B hereof, or such that it would not be economically feasible for the Lessee to repair
the leased premises, as determined by the Lessee in its d~scretion.
B. On and after March 1, 1986, and during the remainder of the initial term
and during any extension term, Lessee shall have the unconditional right and option
to purchase the leased premises at any time.
C. At the expiration of the initial term or any extension term and for a
period of ninety days thereafter (if the purchase options under the provisions of
Paragraphs Aor B of this Article XX have not been exercised) Lessee shall have the
further unconditional right and option to purchase the leased premises.
D. Purchase Price. The purchase price payable if the Lessee exercises Lessee's
option to purchase the leased premises under the provisions of Paragraphs A and B or
C of this Section, shall be the full amount necessary under the provisions of the
Trust Indenture to payor redeem (on the first date thereafter on which all out-
standing Bonds may be redeemed after giving the necessary notice) all outstanding
Bonds (including, without limitation, principal, interest, redemption premiums, if
any, expenses of redemption and the Trustee's and Paying Agent's fees), but after de-
duction of any amount then in the Bond Fund and available for payment and redemption.
In any case, if no Bonds shall be outstanding at the time of purchase, or the redemp-
tion or payment of the Bonds shall be or have been otherwise provided for, the pur-
chase price of the leased premises shall be One Hundred Dollars ($100.00).
E. Any of the foregoing options may be exercised by giving written notice to
Lessor, with a copy to the Trustee, of the exercise thereof specifying the time and
place of closing. At the clOSing, Lessor shall, upon payment of the purchase price
hereinabove specified, deliver to Lessee a general warranty deed, bills of sale and
other appropriate conveyance instruments transferring good and merchantable title to
the leased premises free and clear of all liens and encumbrances e~cept those to which
title was subject when leased hereunder, permitted encumbrances under this Lease
Agreement; provided, however, that if such option is exercised under the provisions of
subparagraph A (ii) of this Section, such title may be subject to the rights, titles
and interests of any party having taken or who is attempting to take title to or use
of all or part of the leased premises by eminent domain.
Section 2003. Lessee shall have the unconditional right and option to terminate
this Lease Agreement at any time upon payment to the Trustee of the full amount
necessary under tho provisions of the Trust Indenture to payor redeem all outstanding
Bonds (including, without limitaion, principal, interest, redemption premiums, if any,
expenses of redemption and the Trustee's and Paying Agent's fees), but after deduction
of any amount then in the Bond Fund and available for payment and redemption.
ARTICLE :XXI
NOTICES
Section 2101. All notices, ~emands and requests which mayor are required
to be given by either party to the other or to the Trustee shall be in writing, and
each shall be deemed to have been properly given when served personally on an executive
officer of the party to whom such notice is to be given, or when sent postage prepaid
b certified mail by deposit thereof in a duly constituted United States Post Office
v
or branch thereof located in one of the present states of the United States of America
in a sealed envelope addressed as follows:
If interided-forLesaee~
Travenol Laboratories, Inc.
Mountain Home, Arkansas 72653
Attn: Plant Manager
With copy to:
Baxter Lavorat6ries, Inc.
No. 1 Baxter Parkway
Deerfield, Illinois 60015
Attn: General Counsel
If intended for Lessor:
City of Mountain Home
Office of the Mayor
Mountain Home, Arkansas 72653
If intended for Trustee:
Union National Bank of Little Rock
Little Rock, Arkansas
Attn: Trust Officer
Any party or the Trustee may change the address and the name of addressee to
which subsequent notices are to be sent by notice to the other parties given as
aforesaid.
ARTICLE :XXII
RECORDING
Section 2201. This Lease Agreement and every assignment and modification
thereof shall be recorded in the office of the Circuit Clerk and Ex-Officio Re-
corder of Baxter County, Arkansas.
ARTICLE :XXIII
GENERAL
Section 2301. This Lease Agreement shall be construed and enforced in accordance
with the laws of the State of Arkansas. Wherever in this Lease Agreement it is pro-
vided that either party shall or will make any payment or perform or refrain from
performing any act or obligation, each such provision shall, even though not so ex-
pressed, be construed as an express covenant to make such payment or to perform, or
not to perform, as the case may be, such act or obligation. All factual representa-
tions set forth in the whereas clauses of this Lease Agreement shall be construed as
express recitals and covenants on the part of the party to which each such recital lS
applicable to the same extent as though set forth as an express representation and
covenant by that party.
Section 2302. If any provision of this Lease Agreement or the application
thereof to any person or circumstance shall, to any extent, be determined to be in-
valid or unenforceable, the remainder of this Lease Agreement and the application
of its provisions to persons or circumstances other than those as to which it has beer"~-
determined to be invalid or unenforceable, shall not be affected thereby, and each
provision of this Lease Agreement shall be valid and shall be enforced to the fullest
extent permitted by law.
Section 2303. The Article captions in this Lease Agreement are for convenience
and reference only andin no way define, limit or describe the scope or intent of this
Lease Agreement or any part thereof, or in ahy wise affect this Lease Agreement and
shall not be cnnsidered in any construction thereof.
'Section 2304. It is agreed that after the Bonds are fully paid and discharged,
or adequate provision is made for their payment and discharge, and all proper and
reasonable fees and expenses of the Trustee and Paying Agent are paid or adequate
provision made for their payment, the Trustee shall cease to have any right, title
and interest in, to or under this Lease Agreement. Thereafter, all rights of approval
or other rights herein specified with reference to the Trustee shall inure to the
benefit of and be applicable to Lessor.
Section 2305. It is agreed that in the event of any non-payment of rent by
Lessee or the failure or refusal by Lessee to observe, keep or perform any other
covenant, condition, promise or agreement set forth in this Lease Agreement to be
observed, kept or performed by the Lessee, the Trustee shall be entitled, in the name
of the Lessor, or in its own name (in accordance with the provisions of the Trust
Indenture), to enforce each and every right or remedy herein accorded in this Lease
Agreement to Lessor in the event of the non-performance or non-observance by Lessee
of any such promise, covenant or agreement.
Section 2306. The provisions of this Lease Agreement shall bind and inure to
the benefit of the parties hereto and their respective successors, assigns and sub-
lessees (it being understood that assignments and subleasing are governed by the
provisions of Article XVI hereof).
Section 2307. It is agreed that the Lessor and the Lessee shall not alter, modify
or amend any .cf' the terms of this Lea se Agreement without the prior written approval
of the Trustee, which consent will not unreasonably withheld.
Section 2308. Lessee shall furnish to Lessor and to the Trustee within 120
days after the end of the preceding fiscal year, a balance sheetof Lessee as at the end
of such fiscal year and the related statements of income and surplus for such fiscal
year, all in reasonable detail and accompanied by a report or certificate of an
independent certified public accountant, who may be the accountant regularly employed
by the Lessee. As long as Lessee is a subsidiary of Baxter this requirement may be
met by filing a consolidated statement.
Section 2309. If the Lessee is not in default in the payment of rent under
Section 303(a) (1) hereof, the Lessor, at the request of the Lessee, shall forthwith
take all steps that may be necessary under the applicable redemption provisions of
the Indenture to effect redemption of all or part of the then outstanding Bonds, on
such redemption date as may be specified by the Lessee, if there are available moneys
in the Bond Fund to effect the requested redemption and if the Bonds requested to be
redeemed are then subject to redemption under the provisions of the Indenture.
Section 2310. The Lessee will maintain its corporate existence and will not
dissolve or otherwise dospose of all or substantially all of its assets and will
not consolidate with or merge into another corporation or permit one or more other
corporations to consolidate with or merge into it; provided, however, the Lessee may,
without violating such agreement, consolidate with or merge into another domestice
corporation, or permit one or more other corporations to consolidate with or merge
into it, or sell or otherwise transfer to another domestic corporation (that is a
corporation organized and existing under the laws of one of the states of the United
States of America) all or substantially all of its assets as an entirety and there-
after dissolve on the condition that such surviving, resulting or transferee corpora-
tion shall expressly assume in writing all of the obligations of the Lessee contained
in this Lease Agreement and that the net tangible assets of the other corporation
after the consolidation, merger d~ sale be at least equal to the net tangible assets
of Lessee immediately prior to such consolidation, merger or sale and qualifies to
do business in the State of Arkansas. In the event of such consolidation, merger
or sale, as permitted b~T this Section, and the assumption by the surviving, resulting
or transferee corporation of the obligations hereof, the Lessee shall be relieved
of all further obligations hereunder. As used herein, "net tangible assets" means all
assets of the corporation (except there shall not be included goodwill) less all
liabilities.
Section 2311. The Lessor agrees that, when requested by the Lessee, it will
take the necessary steps to grant sewer, utility, road and street easements over,
along, across and under the leased premises, and to take such action as may be
necessary to secure an appropriate release of the lien of the Trust Indenture (as
authorized by Section 802 of the Trust Indenture). The Lessor and Lessee, in pro-
ceeding pursuant to this section, may rely upon and act in accordance with a certificate
of a duly qualified engineer, who may be an engineer employed by the Lessee.
Section 2312. Lessor and Lessee covenant that each of them will cause this
Lease Agreement and the Trust Indenture, and all instruments supplemental to any of
them, to be kept recorded and filed in such manner and in such places (if any) as
may be required by law in order fully to preserve and protect the security of the
Bondholders and the right of the Trustee under the Trust Indenture.
ARTICLE XXIV
EXPANSION OF FACILITIES
ARTICLE XXV
Section 2501. The Lessee may, provided Lessee is not in default in the payment
of basic rent or additional rent as required by the provisions of this Lease Agree-
ment and has not received notice of any other default on its part hereunder, remove,
free of any right or claim of Lessor or the Trustee, any building service equipment
(hereinafter defined), sub ect however, in all cases to the following:
(a) Building service equipment may be so removed upon the substitution thereof,
then or theretofore, by Lessee of other building service ~quipment of a utility
or value at least equal to that, atthe time of removal, of the building service
equipment removed;
(b) Worn out or obsolete building service equipment may be so removed and
building service equipment added by Lessee after the full completion of a
building (and not by way of repair, replacement or the like) may be r~moved,
provided the original efficiency, utili t and value of the building is not
eT
impaired;
(c) Lessee shall pay all the costs and e~enses of any such removal and shall
immediately repair at its expense all damages caused thereby.
The term "building service equipment"is intended to refer to such things as are
affixed to or incorporated in a building fer its operation, such as boilers, pumps,
tanks, electrical panel switchboards, sprinklers, lighting equipment and wiring,
heatin, plUmbing and ventilating equipment, elevators, escalators, refrigerating,
air cooling equipment, and items similar in general to any of the foregoing.
Section 2502. The Lessor and the Lessee recognize that after Lessor's machinery
and equipment is installed portions thereof may become inadequate, obsolete, worn out,
unsuitable, undesirab~e or unnecessary in the operation of the Project as a modern
manufacturing plant. The Lessor shall not be under any obligation to renew, repair
or replace and such inadequate, obsolete, worn out, unsuitable, undesirab~e or
unnecessary items of Lessor's machinery snd equipment. In any instance where the
Lessee in its sound discretion determines that any items of Lessor's machinery and
equipment have become inadequate, obsolete, worn out, unsuitaThle, undesirable or un-
necessary in the operation of the Proiect as a modern manufacturing plant,
(a) The Lessee may remove such items of Lessor's machinery and equipment from
the Project, and (on behalf of the Lessor) sell, trade-in, exchange or otherwise
dispose of them without any responsiThility to the Lessor or the Trustee therefor,
provided that the Lessee substitute (either by direct payment of the cost thereof
or by advance to the Lessor of the funds necessary therefor, as hereinafter
provided) and install anywhere in the Project other machinery or equipment
having equal or greater utility (but not necessarily the same function) in the
operation of the Project as a modern manufacturing plant, and provided further
that such removal and substitution shall not impair the operating unity of the
Project, and all such substituted machinery or equipment shall be the sole
property of the Lessor, shall be and become a part of Lessor's machinery and
equipment subiect to this Lease and Agreement and shall be held by the Lessee
on the same terms and conditions as items originally comprising Lessor's machin-
ery and equipment; or
(b) The Lessee may remove such items of Lessor's machinery and equipment from
the Project and sell, trade-in or exchange them on behalf of the Lessor, either
to itself or to another, or scrap them (in whole or in part), without being
required to substitute and install in the Project other items of machinery or
equipment in lieu thereof, provided (i) that in the case of the sale of any such
machinery or equipment to anyone other than itself or in case of the scrapping
thereof, the Lessee pays into the Bond Fund the proceeds from such sale or the
scrap value therof, as the case may be, (ii) that in the case of the trade in
of such machinery or equipment for other machinery or equipment, the Lessee
pays into the Bond Fund, the amount of the credit received by it on such
trade in, and (iii) tha in the case of the sale of any such machinery or
equipment ot the Lessee, the Lessee pays into the Bond Fund an amount equal
to the original cost thereof less depreciation at rates calculated in accor-
dance with generally accepted accounting principles.
In any case where the Lessee purchases, instailis and substitutes in the Pro-
ject any item of machinery or equipment, the Lessee may, in lieu of purchasing and
installing said items of machinery and equipment itself, advance to the Lessor the
funds necessary therefor, whereupon the Lessor will purchase and install such machinery
pr equipment in the Project.
The Lessee will promptly report such removals, substitutions, sales and other
dispositions of items of Lessor's machinery and equipment to the Trustee, will pay
to the Trustee such amounts as are required by the provisions of the preceding sub-
section (b) to be paid into the Bond Fund promptly after" the sale, trad-in or scrapping
requiring such payment, and will execute and deliver to the Lessor and the Trustee
such documents as may from time to time be requested to confirm the title of the
Lessor (subject to this Lease Agreement) to any items of machinery and equipment
that unaer the provisions of this section are to become a part of Lessor's machinery
and equipment. The Lessee will pay any cost (including counsel fees) incurred in
subjecting to the lien of the Indenture any items of machinery or equipment that under
the provisions of this section are to become a part of Lessor's machinery and equipment.
The Lessee will not remove or permit the removal of any of Lessor's machinery and
equipment from the leased premises except in accordance with the provisions of this
section.
Section 2503. If requested by Lessor, Lessee shall furnish to Lessor, within
sixty (60) days after the end of each calendar year, Lessee's certificate setting
forth a summary descrption of all removals made pursuant to Sections 2501 and 2502.
IN WITNESS WHEREOF, the parties hereto have caused this Lease Agreement to
be signed several counterparts, each of which may be condidered an original without
the presentation of the others, by their duly authorized officials and officers as
of the day and year first hereinabove written.
ATTEST:
~~
Mayor{J
TRAVE:N"OLLAVORATORIES, INC.
ATTEST:
By _
(title)
(title)
(SEAL)
ACKNOWLEDGMENT
STATE OF ARKANSAS )
)
COUNTY OF BAXTER )
Notary Public
My commission expires:
(SEAL)
ACKNOWLEDGMENT
STATE OF )
)
COUNTY OF )
and
-------------------- '----------------------
and
-----------,------------------ -----------------------
respectively, of Travenol Laboratories, Inc., a Delaware corporation, to me
personally known, who stated that thev were duly authorized in their respective
capacities to execute the foregoing instrument for and in the name and behalf of
the corporation, and further stated and acknowledged that they had so signed,
executed and delivered the foregoing instrument for the considerations, uses and
purposes therein mentioned and set forth.
IN TESTIMONY WHEREOF, I have hereunot set my hand and official seal this
---- day of , 1976.
Notary Public
My commission expires:
(SEAL)
333
EXHIBIT A
The following described real estate situated in Baxter County, Arkansas, to wit:
A part of the NW 1/4 of the SW 1/4 of Section 33, and a part of the NE 1/4
of the SE 1/4 of Section 32, all in Township 20 North, Range 13 West, being more
C'
Starting at the Northwest corner of the NW 1/4 of SW 1/4 of Section 33, Town- /
ship 20 North, Range 13 West; thence North 89° 44' West 139.7 feet; thence
South 0° 18' West a distance of 609.1 feet; thence South 89° 42' East a distance
of 320.5 feet; thence North 0° 18' East a distance of 60 feet; thence South
89° 42'East a distance of 126.7 feet; thence North 0° 18' East a distance of
60 feet; thence South 89° 42' East a distance of approximately 338.8 feet to
the West right-of-way line of State Highway Number 201; thence in a Northerly
direction along the West right-of-way line of State Highway Number 201 to the
North line of the NW 1/4 of the SW 1/4 of Section 33, Township 20 North, less,
to the point of beginning.
Section 2. That the Mayor and City Clerk be and they are hereby, authorized
and directed, for and on behalf of the City, to do all things, execute all instru-
ments and otherwise take all action necessary to the realization of the City's rights
and to the discharge of the City's obligations as Lessor under the Lease Agreement.
Section 3. That the provisions of this Ordinance are hereby declared to be
separable, and if any section, phrase or provision shall, for nay reason, be declared
to be invalid, such declaration shall not affect the validity of the remainder of
the sections, phrases or provisions.
Section 4. That all ordinances and parts of ordinances in conflict herewith
are hereby repealed to the extent of such conflict.
Section 5. That there is hereby found and declared to be an immediate need
for the securing and developing of industry at the City in order to provide additional
employment and increased payrolls, alleviate unemployment and provide other benefits
incidental to the operation of a substantial industry, and the execution and delivery
of the Lease Agreement authorized by this Ordinance are necessary for the accomplishment
of these public benefits and purposes. It is, therefore, declared that an emergenc~
exists, and this Ordinance, being necessary for the immediate preservation of the
public peace, health and safety, shall be in force and take effect immediately upon
and after its passage.
PASSED:_-'m;.....;··
::..,.;A;FL:....::3;:..·
,:...../42-=.· , 1976
(J
APPROVED:
ATTEST:
Mayor ,J
(SEAL)
That the following real estate in Baxter County, Arkansas, be and is hereby
changed in zoning from Residential R-1 to Commercial C-3;
APPROVED:
ATTEST:
WHEREAS, a petition was filed with the County Clerk of Baxter County, Arkansas,
hy the real estate owners of the land hereinafter described, praying that said land
be annexed to and made a part of the City of Mountain Home, Arkansas; and
WHEREAS, on the 5th day of April, 1976, the County Court of Baxter County,
Arkansas, found that said petition was signed by territory is contiguous to the
present corporate limits of the City of Mountain Home, Arkansas; that accurate plats
or maps of said territory showing its relationship to the present city had been filed
and made a part of said annexation petition; that proper notice had been given for
the time and in the manner prescribed by law; that said lands and territory should
be annexed to the City of Mountain Home, Arkansas, subject to the acceptance of the
same by the City Council of said city at the proper time as provided by law; and
WHEREAS, the time fixed by law for appealing from said order of annexation made
by the County Court has expired, and no appeal has been taken from said order; and
WHEREAS, the same petitioners have petitioned in writing to the City of Mountain
Home, Arkansas, praying that said property be annexed to the Water and Sewer Improvement
District No.3 of the City of Mountain Home, Arkansas, for the purposes hereinafter
set out; and
WHEREAS, after due notice as required by law, the City Council of the City of
Mountain Home, Arkansas, has hearddall persons desiring to be heard and has ascertained
that said petiton was signed bv all thB owners of the real property in said territory;
and
WHEREAS, a proper petition was filed by property owners requesting a zpning;
that said petiton was submitted to the Planning Commission of the City of Mountain
H me, Arkansas; that notice of said petition and a public hearing thereon was published
in a newspaper having local circulation as required by ordinance; that a public hearing
was held; that all remonstrances were heard, after whi~h the Planning Commisssion
recommended that all property described hereinafter be annexed to the City of Mountain
Home, Arkansas, as Commercial C-3.
NOW THEREFORE, BE IT ORDAllJED by the City Council of the City of Mountain
Home, Arkansas:
Section 1: That the following described lands in territory contiguous and ad-
joining the City of MRuntain Home, Arkansas, and to Water and Sewer Improvement
District No.3 of the City of Mountain Home, Arkansas, be and the same is hereby
accepted and annexed to the City of Monmtain Home, Arkansas, and Water and Sewer
Improvement District No.3 of the City of Mountain Hom, Arkansas, as Commercial
C-3, to-wit:
A part of the wt SEt, Section 8, T-19-N, R-1}-W, described as follows: Starting
at the SW corner, SEt swt, Section 8, T-19-N, R-13-W, run thence S 88 deg.
42' 35" E, 10.4 ft,; thence run N 2 deg. 32' 25" E, 903.9 ft,; thence N 86
deg. 24' 35" E. 300.0 ft,; thence N 68 deg. 08' 39" E, 1035.42 ft,; thence S
80 deg. 00' E, 155.5 ft, to the point of beginning. Continue thence S 80
deg. 00' 00" E. 400.0ft,; thence N 28 deg. 33' 30" E. 279.18 ft,; thence N
o deg. 53' 30" E, 293.40 ft. to the S boundary of the Mountain Home, High
School tract; thence N 79 deg. 10' 45" W with the S boundary of said tract
518 ft,; thence S 2 deg, 21' 30" W 567.28 ft. to the point of beginning.
Section 2: Extensions to the existin sanitary sewer and water systems as may
now exist may be built to serve the peoperty within the bounds of the above descrived
territory in such manner and with such materials as the Commissioners of Water and
Sewer Improvement District No.3 of the City Of Mountain Home, Arkansas, may deem to
be the best interest of the said District. The costs thereof may be assessed upon the
real properties hereinabove described as benefits thereto.
Section 3: There is an immediate need for constructing extensions to existing
sanitary sewer system and water system, as the same now exist, to serve the property
within the boundaries hereinabeve described. Therefore, an emergency is hereby declared
to exist, this ordinance being necessary for preservation of the public health and
safety, the same shall be in full force and effect from and after its passage and
publication.
PASSED AND APPROVED 'this 7th day of June, 1976.
ATTEST: APPROVED:
ATTEST:
\
ATTEST:
APP./ ,.VE
I/i
... D~.~...•.
no...••....
!. !...
, ..
( --/U~l,/~.J
p~~~~lerk Charles D. Floyd, Ma/or Pro Tem
.AN ORDJN.ANCE ANNEXJNG CERTAJN PROPERTY TO MOUNTAJN HOME, .ARKANSAS, WATER AND SEWER IM-
PROVEMENT DISTRICT NO. 3 OF SAID CITY, ASSIGNJNG THE SAME TO A WARD, AND FOR OTHER pu':R-
POSES.
1. That the lands described in Exhibit "A" annexed to this Ordinance and made a
part hereof as though fully set out herein word for word, be annexed to the City of
Mountain Home, Arkansas, and Water and Sewer Improvement District No.3 of said City.
2. That the same be, and is hereby, designated to be part of Ward 1 of
the City of Mountanin Home, Arkansas.
3. That the provisions of this Ordinance are severable, and in the event that
any section or part thereof shall be held to be inbalid, such invalidity shall not affect
the remainder of this Ordinance.
4. That the Ordinance being necessary for the preservation of public health,
safety and morals, and emergency is hereby declared to exist, and the same sha.l.l.Lbe in
full force and effect from and after its passage.
This Ordinance. approved this 21 day Of, ...4une .. l197,A I
Mayor
(~j Ilr /J /ti/~)j
.. ' {J
ATTEST:
Q~a~
EXHIBIT "A"
Part of the Southeast Quarter of the Southwest Quarter, and part of the South-
west Quarter of the Souteast Quarter, Section 3, and part of the Northeast Quarter of
the Northwest Quarter and part of the Northwest Quarter of the Northeast Quarter, Section
10, all in Township 19 North, Range 13 West, more specifically described as follows:
From the Northwest corner of the swt SEt, Section 3, said Township and Range, the point
of beginning of Indian Creek No.3, Phase One, a point in the center line of Buzzard
Roost Road and the West right of way of Forest Dr.; then go South 89 degs. 41'09" East,
250.00 feet along the forty line; then go South 0 degs. 18' 51" West, 530,63 feet
to a one-half inch rebar; then go South 40 degs. 37' 37" West 195.60 feet to a one-
half inch rebar; then gp South 32 degs. 24' 26" West, 293.27 feet to a::one-ehalfinch
rebar; then go South 20 degs. 38' 54" East 982.91 feet to a 3/8 inch reba:t?;then go
South 68 degs. 10' 24" West, 411.54 feet to a 3/8 inch rebar, the Northeast corner of
Evergreen Estates Subdivision (recorded in Plat Record Book 3, Page 138); then go w~tfu
the following movements: North 89 degs. 16' 19" West, 209. 65 feet to a 3/8 inch rebar;
North 89 degs. 10' 52" West, 374.44 feet to a 3/8 inch rebar, the Southeast corner of
Talburt Cemetery; then gp North 0 degs. 38' 17" East 183.44 feet along the East side
of Talburt Cemetery to a 3/4 inch rebar, the Northeast corner of Talburt Cemetery and
the South side of Second Street and the Boundary of Indian Creek No. 2;then go along
said boundary of Indian CrRek No.2 with the following movements: 40.52 feet North
o degs. 44' 44" East to a 3/4 inch rebar; 347.30 feet along South right of way of
Second Street with arc of cur-ve to left, with radius of 823. 05 feet, and chord being
344.73 feet North 73 degs. 55' 12" East; 344.59 feet along said right of way with an
arc of curve to left with radius of 397.94 feet and chord being 33.93 feet North 37
degs. l' 25" East; 50.63 feet North 9 degs. 19' 28" East to a 3/4 inch rebar on the
North right of way of Kingswood Dr.; 626. 58 feet along said right of way with arc
of curve to right with radius of 445.00 feet and chord being 576.58 feet NO~tli 40
degs. 20' 16" West to 314 inch rebar; 280,00 feet North 0 degs. 0' 0" East along said
right of way to a 3/4 inch rebar, the North right of way of First Street; 175 feet
South 90 degs. 0' Q" West along said North right of way of First Street to a 3/4 inch
rebar; 43.24 feet along said right of way with the arc of a curve to left withrradius
534.04 feet and chord 43.22 feet South $7 degs. 40' 50" West; 127.89 feet North 4
degs. 38' 19" West to a 3/8 inch rebar; 150.69 feet North 28 degs. 0' 5" West to a
3/4 inch rebar; then leaving said boundary of Indian Creek No.2, go North 42 degs.
27' 21" East 516.84 feet to a 3/4 inch rebar on the forty line, the center line of
Buzzard Roost Road to the point of beginning, containing 29.022 acres.
Beginning at a point on the North line of said fort¥ where the same is intere-
sected by the West boundary line of the Pigeon Road, formerly known as the
Mountain Home-Gainesville Public Road, and run thence South along said West
boundary line 100 feet to apoint of beginning for the tract herein described;
continue thence South along the West boundary line of said road 100 feet to a
point; run thence West 180 feet to a point; run thence North 100 feet to a
point; run thence East 180 feet to the point; run thence East 180 feet to the
point of beginning.
WHEREAS, this Ordinance is necessary for the preservation of the health and
safety of the citizens of Mountain Home, Arkansas, an emeregency is hereby declared
to exist on this Ordinance shall be in full force and effect from and after its
passage and publication.
ENACTED the 7 day of July, 1976 and declared effective from and after
its passage.
APPROVED:
Mayor
ATTEST"
APPROVED:
Mci:yor
ATlEEST:
City Clerk
WHEREAS, a petition was filed with the County Clerk of Baxter County, Arkansas,
by the real estate owners of the land hereinafter described, praying that said land
be annexed to and made a part of the City of Mountain Home, Arkansas; anG
WHEREAS, on the 28th day of June, 1976, the County Court of Baxter County,
Arkansas, found that said petition was signed by all of the fee simple 0Wllers of
the said property; that the said territory is contiguous to the present corporate
limits of the City of Mountain Home, Arkansas~ that accurate plats or maps of said
territory showing its relationship to the present city had been filed and made a
part of said annexation petition; that proper notice had been given for the time
and in the manner prescribed by law; that said lands and territory should be
annexed to the City of Mountain Home, Arkansas, subject to the acce~tance of the
same by the City Council of said city at the proper time as provided by law; and
WHEREAS, the time fixed by law for appealing fr0m said order of annexation
made by the County Court has expired, and no appeal has been taken from said order;
and
WHEREAS, the same petitioners have petitiioned in writing to the City of
Mountain Home, Arkansas, praying that said property be annexed to the Water and
Sewer Improvement District No.3 of the City of Mtn. Home, Arkansas, for the
purposes hereinafter set out; and
WHEREAS, after due notice as required by law, the City Council of the City of
Mountain Home, Arkansas, has heard all persons desiring to be heard and has as-
certained that said petition was signed by all the owners of the real property in
said territory; and
WHEREAS, a proper petition was filed by property owners requesting a zoning;
that said petition was submitted to the Planning Commission of the City of Moun-
tain Home, ArkaRsas; that notice of said petition and a public hearing theron was
published in a newspaper having local circulation as required by ordinance; that
a public hearing was held; that all remonstrances were heard, after which the
Planning Commission recommended that all prpperty described hereinafter be annexed
to the City of Mountain Home, Arkansas, as Residential R-1.
NOW THEREFORE, BE IT ORDAINED by the City Council of the City of Mountain
Home, Arkansas:
Section 1: That the following described lands in territory contiguous and
ad oining the City of Mounta±n Home, Arkansas, and to Water and Sewer Improvement
District No.3 of the City of Mountain Home, Arkansas, be and the same is hereby
accepted and annexed to the City of Mountain Home, Arkansas, and Water and Sewer
Improvement Dist. #3 of the City of Mtn. Home, Arkansas, and annexed to the City
of_Mountain Home, Arkansas, as Residential R-1, to-wit:
Et of the swt of the NEt of Section 3, Township 19 North, Range 13 West.
ALSO that part of the NWt NEt of Section 3, Township 19 North described as
follows: Begin at the SE corner of the said NWt NEt run thence West 40 feet
to a point of beginning, run thence North 21.5 feet, run thence West 211 feet
along an old fence, run thence South 21.5 feet to the North line of the swt
NEt, run thence East along said Section line to a point of beginning.
Section 2: Extensions to the existing sanitary sewer and water systems as
may now exist may be built to serve the property within the bounds of the above de-
scribed territiory in such manner and with such materials as the Commissioners of
Water and Sewer Improvement District No.3 of the City of Mountain Home, Arkanasa,
may deem to be the best interest of the said District. The costs therof may be
assessed upon the real properties hereinabove described as benefits therto.
Section 3: There is an immediate need for constructing extensions to existing
sanitaEY sewer system and water system, as the same now exist, to serve the property
within the boundaries hereinabove descrived. Therefore, an emergency is hereby
declared to exist, th~s ordinance being necessary for preservation of the public
health and safety, the same shall be in full force and effect from and after its
passage and publication.
PASSED AND APPROVED this 2 of August, 1976.
APPROVED:
l, 1\. ('I/ !/
I 1/. l' r,'
4 !'-.l\/ LV~ I
k,
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t () ,e
~y '-I j / /i I'' (I /
I
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•
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-f"''- ;/..,
ATTEST:
I
V
Q~d-ad*~d ? - •
City Recorder
An n cxa ti o n of .Io s e Keller r-o n e rtv
ORDrnANCE 457 AMENDrnG
ORDINANCE NO. 163 WITH
REFERENCE TO ZONrnG WITHrn
THE CITY LIMITS OF THE CITY
OF MOUTArn HOME, ARKANSAS,
RELATIVE TO CHANG rnG AREA
ZONED AS RESIDENTIAL R-1 TO
COMMERCIAL C-3.
ATTEST:
City Clerk ,
~'. IJ!.,'--) /:
Mayor
Ci ty Clerk / -;.
THIS AGREEMENT made and entered into on this the 28th day of
October, 1976, by and between CLYSTA ANN WILLETT, hereinafter referred
to as Seller and the CITY OF MOUNTAIN HOME, ARKANSAS, hereinafter re-
ferred to as Buyer.
WIT N E SSE T H :
For and in consideration of the mutual promises, covenants and
agreements contained herein, and of the sum of Five Thousand Dollars
($5,000.00) as option money and earnest money, paid by the Buyer to
the Seller to be placed in escrow at Peoples Bank and Trust Company of
Mountain Home, the receipt of which is hereby acknowledged, the
Buyer and Seller agree as follows:
The East t
of the NW SE and the East t
of the SW SE of Section 15, Township 19
North, Range 13 West, containing 20 acres,
excepting the following described tracts,
containing 14 acres.
11. If all or any portion of this agreement shall beheld to
be unlawful, the Buyer may disaffirm the agreement with no
further liability to either party.
STATE OF ARKANSAS )
) SSe
COUNTY OF BAXTER )
My Commission Expires:
November 28, 1976
My Commission expires:
November 28, 1976
WHEREAS, the time fixed by law for appealing from said order of
annexation made by the County Court has expired, and no appeal has
been taken from said order; and
APPROVED:
ATTEST:
WHEREAS, the time fixed by law for appealing from said order
of annexation made by the County Court has expired, and no appeal
has been taken from said order; and
APPROVED:
ATTEST:
Penelope
Clerk
~·cf~
ATTEST:
c:J
\~'7J )
~. /\k·
penelope~e:r'C!l~ Clerk
Rezoning Philrite Development Inc.
ORDINANCE NO. 464
APPROVED:
ROldE:PieTCe, Mayor
ATTEST:
WHEREAS, the Bonds are to be sold and issued in series, with there
being initially issued Series 1976 in the principal amount, bearing
interest, maturing and subject to redemption as hereinafter set forth in
the form of Indenture authorized by this Ordinance;
Section 3. That the Mayor and City Clerk, for and on behalf
of the City, be, and they are hereby, authorized and directed to do
any and all things necessary to effect the execution and delivery
of the Indenture, its execution and acceptance by the Trustee, the
performance of all obligations of the City under and pursuant to
the Indenture, the execution and delivery of the Series 1976 Bonds,
the execution and delivery of an Official Statement and the per-
formance of all acts of whatever nature necessary to effect and
carry out the authority conferred by the Indenture and by this
Ordinance. That the Mayor and City Clerk be, and they are hereby,
further authorized and directed, for and on behalf of the City, to
execute all papers, documents, certificates and other instruments
that may be required for the carrying out of such authority or to
evidence the exercise thereof.
Section 5. That the Mayor and City Clerk for and on behalf of
the City, be and they are hereby authorized and directed to take all
action, and execute and file all documents, necessary to perfect an
election to proceed under Section 103 (c) (6) (D) of the Internal
Revenue Code of 1954, as amended, to the end of insuring that in-
terest on the Bonds is exempt from federal income taxes.
APPROVED:
ATTEST:
Section 2. That the Mayor and City Clerk be and they are hereby,
authorized and directed, for and on behalf of the City, to do all
things, execute all instruments and otherwise take all action neces-
sary to the realization of the City's rights and to the discharge of
the City's obligations as Lessor under the Lease Agreement.
APPROVED:
l
ATTEST:
~£~e,~~
Penelope R~rst ,(Ci ty Clerk
APPROVED:
ATTEST:
~c?~~
ROaidE:Pierce, Mayor
9M2
penelope~s
~, City Clerk
APPROVED:
ATTEST:
~t:rce, ~
Mayor
APPROVED:
ATTEST:
ARKANSAS:
~c?
~ierce,
G?,.u, · -"
Mayor
ATTEST:
list all the purchase orders and vouchers from his department and
Council.
APPROVED:
ATTEST:
as follows:
may call special meetings upon at least two (2) hours notice.
of the special meeting. The notice shall also include the general
purpose of the meeting; however, this does not preclude the City
each Council member calling the meeting. The City Clerk shall be
responsible for notifying the Mayor and each member of the City
all City officials concerned and the general public, it is the in-
tent of this body that notice of a call for a special meeting shall
peace, health and safety shall be in full force and effect from and
APPROVED:
,
.
RaidE:Pierce, Mayor
ATTEST:
HOME, ARKANSAS:
Water Intake Plant at Lake Norfork and the Mayor is authorized and
directed to pay the fair and reasonable costs for same, after the
APPROVED:
ATTEST:
as follows:
That because of the heavy snows and severe cold, and for the
HOME, ARKANSAS:
needed immediately.
hereby suspended.
that when they are in agreement to purchase the same for an amount
APPROVED:
ATTEST:
A part of the swt NEt and part of the SEt NWt and part of
the NWt SEt and part of the NEt swt, all in Section 16,
Township 19 North, Range 13 West, Baxter County, Arkansas,
described as follows: Starting at the NW corner of swt NEt,
thence South 38 deg. 03' East, 63.31 ft.; thence South 8 deg.
58' West, 253.70 ft.; thence South 26 deg. 02' West, 178.31
ft.; thence South 35 deg. 53' West, 135.23 ft.; thence
South 43 deg. 13' West, 163.84 ft.; thence South 46 deg.
26' West, 258.82 ft.; thence South 4 deg. 40' West, 282.69
ft. to the point of beginning, thence North 89 deg. 54'
East, 622.30 ft.; thence South 4 deg. 40' West, 210.00 ft.;
thence South 89 deg. 54' West, 622.30 ft.; thence North
4 deg. 40' East, 210.00 ft. to the point of beginning, con-
taining 3.00 acres, more or less.
Pierce, Mayor
ATTEST:
That part of the swt NWt lying North of the Mountain Home
and Salem Road, now Federal Highway No. 62, and West of
the Old Mountain Home-Goodall Hollow Road, making the
roads the line, containing one acre, more or less in the
NW corner of said forty in Section 3, Twp. 19 North, Range
13 West, more particularly described as follows:
Beginning at the Northeast corner of said tract, where the
quarter section line between the NWt NWt Sec. 3 and swt NWt
Sec. 3 crosses the old Goodall Hollow Road, thence run West
174 feet to a point, thence run South to the center of High-
way 62, 420 feet, thence up the center of said highway 150
feet to a point, thence in a Northeasterly direction 361 feet
to the point of beginning, in Section 3, Twp. 19 North, Range
13 West, containing it
acres, more or less. Also described
as that property lying directly East and next to the Carriage
Inn, and across the highway from East Gate Shopping Center.
APPROVED:
ATTEST:
ENACTED the 2nd day of May, 1977, and declared effective from
and after its passage.
~
AT..
TEST~' I
.~ _
\J.brJ
Penelope R. Feist
City Clerk
APPROVED: ~
/~ Ii
•
~~a!~.
.' . ~.
<C
,
!
/.~
L-~~
"
Ronald E. Pierce,
MAYOR
ATTEST:
y~~~
Penelope R. Feist,
CITY CLERK
HOME, ARKANSAS:
ATTEST:
(~2V4a:;:SM
Penelope R. Feist, City Clerk
Amendment to Zoning Regs. Ord. No. 296 on Public Schools allowed in R-1 zone.
ORDINANCE NO. 479
that proper notice had been given for the time and in
by law; and
and
APPROVED:
ATTEST:
tion; that proper notice had been given for the time and
and
ing was held; that all remons t rance.s were heard, after
to-wit:
and water systems as may now exist may be built to serve the
in full force and effect from and after its passage and publica-
tion.
APPROVED:
~J!dg~~
R~ald E. Pierce, Mayor
ATTEST:
hereinafter be rezoned.
MOUNTAINHOME, ARKANSAS:
APPROVED:
~d·/
I /~
/
ATTEST:
g~4a¥~
City Clerk
Rezoning of Homestead Realty property R-1 to C-2
ORDINANCE NO. 482 AMENDING
ORDINANCE NO. 163 WITH REFERENCE
TO ZONING WITHIN THE CITY LIMITS
OF THE CITY OF MOUNTAINHOME,
ARKANSAS, RELATIVE TO CHANGING
AREA ZONED AS RESIDENTIAL R-1
TO COMMERCIAL C-3.
by Ordinance No. 163; that a public hearing was held; that all
HOME, ARKANSAS:
Ordinance shall be in full force and effect from and after its
ATTEST:
Q~4iji<~d
City Clerk
Rezoning of the Lawrence and Mary
Stanley property, R-1 to C-3
ORDINANCE NO. 483
ARKANSAS, as follows:
Blower Motor for the Waste Water Treatment Plant, and for
is hereby suspended.
$1,300.00.
its passage.
APPROVED:
~l'/~'/~ .~
(~C7~21 L. !~~
ATTEST:
y~~~
PeneIOpeROe{St,CiTY CLERK
Suspending competitive bidding for blower motor for waste water treatment plant
ORDINANCE NO. 484
$1,900.00.
its passage.
APPROVED:
·~·I
(~~~~
=::
(y:-~
-
R\llald E. Pierce, Mayor
ATTEST:
QMV~O~
Penelope
R. FerSt, City Clerk
HOME, ARKANSAS:
after be rezoned.
HOME, ARKANSAS:
to Commercial C-3:
APPROVED:
ATTEST:
ATTEST~~
City Clerk
~/1
APPROVEDl.;g;;:::4~
~~
c ,~ '"
~ Mayor
ATTEST:~~~
City Clerk
Rezoning of Snyder property, R-1 to C-3
ORDINANCE NO. 489
ATTEST~
City Cle k
APPROVED:
ATTEST:
~~Ci ty Cle k (
adA;&~
Penelope R. ~, Ci~y Clerk
APPROVED:
~/c??2~
~nald E. Pierce, Mayor
ATTEST:
ORDINANCE NO. 494
E. Off-Street Parking
1. Single-family and two-family dwellings; parking space
shall be provided on the lot to accommodate two motor
vehicles for each family unit.
2. Multi-family dwellings: two on-lot parking spaces shall
be provided for each family dwelling unit.
3. Places of public assembly shall provide on-lot parking
to accommodate one motor vehicle for each six persons
based on designated capacity of the structure.
4. Multi-family dwellings: All driveways to be a minimum
of 20 feet in width from front to rear of building.
5. All classifications other than single- and two-family
dwellingswill'be limited to 20' entrance and egress
with a curb between.
3-1-C Residential 4 (R-4)
All other multi-family units and condominiums designed for
residential use.
/
Page -3-
ATTEST:
BE I'I'.
ORDAINED BY THE CITY COUNCIL OF THE CITY OF MOUNiTAIN HOME,
ARKANSAS:
surfacing :\. i
A. portlari€!:
cement concrete pavement/lfive (5) inches
\ I
thick laid on two\(2) inches of cushion spbgrade
(,,"
compacted at
Ninety-five percen (95%) Standard proci;;br. Concrete to be
Thirty-five Hundred 3,500) psi, five and one-half (5t) sack
mix; or
B. Asphaltic con0fete (hot mi~( hot laid) pavement of a
minimum of one and (1t) i~fhes thick wearing surface
laid on crushed limestone ase co,pacted to five (5) inches
J/
Ronald E. Pierce, r
Passed:
Date
Street Ordinance
ORDINANCE NO. 496
APPROVED:
ATTEST:
ORDINANCE NO. 497
APPROVED:
ATTEST:
.~~
APPROVED:
/~--:>
ATTEST:
APPROVED:
Mayor -
ATTEST:
ATTEST:
ATTEST:
APPROVED:
Ma§Jr
ATTEST:
APPROVED:
ATTEST:
,;/<--~-~
1VIayor
AN ORDINANCE AMENDING
ORDINANCE NO. 163
WITH RESPECT TO AREA REZONED
Q~~';;L'z
Penelope R. Feist, c~ty Clerk
/ // .
Penelope R. Feist, City Clerk
,,.~/~./ f ~
~. ! ./~~
'::T::2?:C>'Ji;..';"/':..P> 1
l •
L/ " \:--6-c.--A~f'-/L,~-<-_-"~---~
R~~ald E. pIerce, Mayor
ATTEST:
AND also:
Pierce, Mayor
-:2
ORDINANCE NO. 512
I _L/ v
PENELOPE R. FEIST, CITY CLERK
~~Z),~-!-
R~nald E. Pierce, Mayor .
Mayor
~~/~.~.
~ ~.-~
..;;u",.·tfL-:JQ.e~)~~r
• <. /'"
/ '{
Penelope R. Feist, City Clerk
page -2-
~p'~
R~nald E~ Pierce, Mayor
Alarm Agent Permit ••.••••.••• $25.00 per year (due at the begin-
ning of each calendar year)
.~dF?~,
R~bald E. Pierce, Mayor
ATTEST:
45' ,
34.2 t
straight
Page -2-
;X{
r'~W··C: fI ~ -r::
_~_~
Rvnald E. Pierce, Mayor
.-:1 -~ JI/O ~.
(~/1/'C,~~
~ ~. Pierce, Mayor
Q/?ze/dbO£~<:t~J!;
Penelope R. Feyst, City Clerk
~/p£:)
. ~ C::::::,' ~-----------~
,
Ronald E. Pierce, Mayor
~ E. Pierce, Mayor
ATTEST:
APPROVED:
E."Pierce, Mayor
'-
ATTEST:
ATTEST: APPROVED:
~~
Penelope;a; ~t, Ron~ld E. Pierce,
City Clerk Mayor
C\
~0(
v
W
;J i:J"0
;Iv ORDINANCE NO. 530
SECTION 1. Definitions:
As used in this ordinance the following terms when used
81ngularly shall include the plllral~d.~-~Ii~i-rmean:
SECTION 2. Enforcement:
The provisions of this ordinance shall be enforced by the
Animal Warden of the City of Mountain Home.
Page -2-
Animal Control
SECTION 3. Restraint:
The owner shall keep his animal under restraint at all
times and shall not permit such animal to be at large.
SECTION 4. Impoundment:
(a) Any animal found running at large shall be taken up
by the Animal Warden and impounded in the shelter designated
as the City Animal Shelter, and there confined in a humane
manner for a period of not less than seven (7) days, and if
not claimed by the owner within the seven (7) days may
thereafter be disposed of in a humane manner.
APPROVED:
~L ~c~
-:»
«: ~--
.>. .
ATTEST: i RaidE. Pierce, Mayor
ORDINANCE NO. 531
WHEREAS, the time fixed by law for appealing from said order
of annexation made by the County Court has expired, and no appeal
has been taken from said order; and
APPROVED:
Pierce, Mayor
ATTEST:
Clerk
That because the soil has settled beneath the water puri-
fication tank and the soil thereunder needs strenthening and
for the preservation of the health, safety and welfare of the
people of Mountain Home, Arkansas, the City Council hereby
declares that an emergency exists and that strenthening of the
soil beneath the tank at the water purification plant is needed
immediately and that the requirement of competitive bidding should
be suspended.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF
MOUNTAIN HOME, ARKANSAS:
SECTION 1. That an emergency exists and that the soil
beneath the purification tank at the water treatment plant
needs stabilizing immediately.
SECTION 2. That the requirement of competitive bidding
is hereby suspended.
SECTION 3. The Mayor is hereby authorized and directed
to expend for the stabilization of the soil beneath said tank
an amount not to exceed $4,500.00 (four thousand five hundred
dollars).
SECTION 4. An emergency is hereby declared to exist and
this ordinance shall be in full force and effect from and after
its passage.
PASSED AND APPROVED this 2nd day of October, 1978.
APPROVED:
~c?e~
1fiaid E. Pierce, Mayor
ATTEST:
Clerk
APPROVED:
~~~~~~
William M. Klemm, Mayor Pro Tempore
ATTEST:
APRROVED:
#~A"~
William M. Klemm, Mayor Pro Tempore
ATTEST:
City Clerk
APPROVED:
$~~~/If~~ ,
William M. Klemm, Mayor Pro Tempore
ATTEST,;,
APPROVED:
ATTEST:
APPROVED:
ATTEST:
APPROVED:
William
%
M. Klemm, Mayor Pro Tempore
ATTEST:
ATTEST: APPROVED:
Rezoning property on Hwy 201 N., East of Northern Hills Est. #2 &
South of John Haley property, R-1 to C-2
ORDINANCE NO. 540
APPROVED:
~d4;'~.~
William M~emm, Mayor Pro Tempore
ATTEST:
APPROVED:
~4;~
William M. Klemm, Mayor Pro Tempore
ATTEST:
Section V.
This ordin nce being necessary for the preservation of
the public peace, health and safety, and upon the~great need
for protection of t e public from crime and the enforcement
of punishment agains violators of the peace of the City, an
emergency is hereby dec ared to exist, and the ordinance
shall be in full force an effect from and after its passage
and publication as required by law.
PASSED AND APPROVED THIS /q DAY OF IOurm!f..ljJ.../, 1978.
APPROVED:
ATTEST:
APPROVED:
Q--<-7U~~
ATTEST:
ORDINANCE NO. 545
Schedule
Installation charges:
Residential
Previous service 10.00
No prior service 15.00
APPROVED:
ATTEST:
APPROVED:
~c!?Q_
"ll3ld 'i. Pierce, Mayor
ATTEST:
QAZPA0-e
~
Q 2i~
I' v
Penelope R. Feist, City Clerk
APPROVED:
~7c;;;2,
RNAIJ])i. PIERCE, MAYOR
'
ATTEST:
'Q/7?J k:;aeQ
/ I 'v
:z:~
PENELOPE R. FEIST, CITY CLERK
Section 2. Emergency.
It has been found and declared by the City of Mountain
Home, Arkansas, the area adjacent to the corporate limits
of the City requires planning, and planning is ineffective for
some of the area within the territorial jurisdiction of the City
as provided by Act 186 of 1957, therefore, an emergency is de-
clared to exist, and this Ordinance, being necessary for the
preservation of the public peaee, health and safety, shall take
effect and be in force from the date of its approval.
PASSED AND APPROVED THIS 19th DAY OF MARCH, 1979.
APPROVED:
c::;E I 2
·~Jv/?LdrtJ
R nald E. Pierce, Mayor
ATTEST:
Planning Area
ORDINANCE NO. 549
APPROVED:
~f)~~
naid E. Pierce,ayor
ATTEST:
APPROVED:
ATTEST:
APPROVED:
APPROVED:
ATTEST:
Wr.ffiREAS,
the same petitioners have petitioned in writing
to the City of Mountain Home, Arkansas, praying that said property
be annexed to the Water and Sewer Improvement District No. 3 of
the City of Mountain Home, Arkansas, for the purposes herein-
after set out; and
APPROVED:
~g~
ROald E. Pierce, Mayor
ATTEST:
QMU~
Pene 1op eR .~eiS,itYCl8rk
TOTAL $4,900.00
APPROVED:
ATTEST:
ORDINANCE NO. 556
ATTEST:
~~~tYClerk
APPROVED:
ATTEST:
&Y~
~ f;:=ializin9 in Chunicai. dln.alyili
HOLMAN / PYL·E dtt(on.lto'tin9 a.n.J. Corn..dta.l:ion
A a·fEB I
I
The Holman/PyleCompany
Inc., hereinafter called the Company,
agrees to perform all services outlined in the November20,
1978 proposal "Study to Determine Feasibility of Chemical
Treatment at the Mounta.iD.
HomeW-astewaterP'Lant;", hereinafter
called the Study. The companywill supply all technical personnel
and all laboratory equipmentnecessary to conduct the Study.
The companywill select or assist in the selection of any
necessary chemical feed equipment used in the field testing.
I Optimization of FaciLity
Operation t . --- !
III A-C
IV A-C
Laboratory Study
Field Evaluation
6.5-12.5
7.0-11.0
$1,300-S2,¥O
$1, 4OO-S2 , i
*Special or emergencytrip~ to MGY:D.ta.iD.
Homewill be billed !
Holman/PyleCo., Inc .
.JohnC. Pyle, President
Date 3/2171
) I
City of MountainHome
,
I
-£ pl!.clal.izin.9 in. C!.h.unical. dfn.al.y:.~
HOLMAN/PYLE CO. d1I(on.ito'tin.9 and C!.on.:.ultation
STUDY
TODETERMINE
EEASlmUTYOF CH&aCALTREA1MENT
AT THEMOUNTAIN
HOME
WASTEWATER
PlANT.
Introduction:
On October 24, 1978 a representative of the Holman/Pyle Co. toured
the Mountain Homewastewater facility and visited with Mr. Arthur
Wilcox and Mr. Bob Hurst. During the course of the conversation
a need for considering chemical treatment as a possible solution
to existing problems was expressed. The H~lman/Pyle Co. was requested
to submit a proposal to study the feasibility of using chemical
treatment at the wastewater facility. The following is an outline
of the proposed study. This should be the most cost effective
method for dete-rmining the usefulness of chemical treatment.
....
'.:
Mountain HomeStudy--------------------------------------page 2
« • ,
C. A 24 hour solids survey "fIf.i.ll
be conduct~d.
1. The suspended solids content will be measured
through the plant. Samples will be ~taken every
hour from 4:00 P.M. -& 10:00 A.M. and every 30
minutes from 10:00 A.M. to 4:00 P.M.
.4._ ..
_. ._.._··_--·-=COII:Il1Ienaat:rons, technical data, usage leve-l-s-:~~i~ing,
etc. will be collected and studied Tho 1
. se po ymers and
enzymes lbich are suitable for investigation will be
obtained
..
In the
propose
a study enzymes will be used
to Lmprovesludge digestibility and improved d' .
Pl. rymg t tmes.
. 0 ymers will be used to lower suspended solids content
an the I¥Clstel¥Clter
effluent.
IV Field Evaluation
v. Cost of Project
••
Step No. No. of days consultation Fees
I
II-A. 1.0 $200
-B 0.5 100
.; 4'
2.0 400
Mountain HomeStudy---------------------~------------------page 8
In the above estimate. Trav.~ ~t the rate of $0.15 per mile and
actual cost of meals and lodging will be itemized and charged
as expenses.
Joe T. Holman
Consultant
, Enclosures-3
.....
, ,
ORDINANCE NO. 558
APPROVED:
APPROVED:
~ij~7 @ ~ ~
~ E. Pierce, Mayor
ATTEST:
Qrd-(!~Q~~4z=
Penelope R~ Fei~, City Clerk
C
ORDINANCE NO. 560
APPROVED:
~ '
(~~d?~ .
(Q/?U~b4R.~+:Z:'~~
~
/ '
Mayor
ATTEST:
~?Q
ATTEST:
Ci ty Clerk I I j v
ORDINANCE NO. 563
APPROVED:
ATTEST:
RepeAled Op-d.
SECTION 3. Fees
A. The fees provided for in Appendix "K" of
the Building Code shall be reduced by one-half
of the amount stated therein.
B. The fee for an appeal as set out in
Subsection 112.1 (a) shall be increased to $20.00
and shall be paid to the City Clerk for deposit
in the General Fund.
SECTION 7. Severability
The invalidity of any section or provlslon of this
Ordinance or of the Code hereby adopted sha Ll. not in-
validate any other sections or provisions of this
Ordinance or of the said Code.
SECTION 8. Repealer
Except as set out hereinbefore in Section 4 entitled
"Complimentary Clause" all Ordinances or parts of
Ordinances in force at the time that this Ordinance
takes effect and inconsistent therewith, are hereby
repealed, and Ordinances 224, 236, 243 and 501 are
hereby repealed.
APPROVED:
ATTEST:
ORDINANCE NO. 566
SECTION 4. Fee
The fee for the permit for each cut or
made by a person other than a Department f the
City, hall be Twenty-Five Dollars ($25 00) payable
at the of acquiring said permit a d shall be
in additi n to any connection fees or any other
fees applic ble to the project for w ich the cut
is required.
SECTION 5. afet
All work perf~rmed pursuant to said permit shall
meet all safety st~dards and th person undertaking
such work shall prot~t the saf ty of the traveling
public by erection of ~arricad s, signs and lights.
SECTION 6. Pavemen
Whenever a the bounds of
the actual pavement, the first be
cut with an approvedcutti g device to provide
straight squared edges. ave ent shall be removed
in such manner to provid one \~ot of undisturbed
earth between the edge 0 the c t pavement and the
edge of the excavation.
SECTION 7. Remov 1 of Materi 1
Whenever a cut is made within t e bounds of the
actual pavement or i the adjacent
within two feet (2' of the normal ed of pavement,
all excavated mate ial shall be removed from the job
site prior to co encing backfilling ope ations.
No backfill shal be placed in any cut pr or to
inspection by t e City's Building Inspecto •
Emergenc .
permits s ould be immediately
available to qu ified persons and public utility
companies and an e ergency is de ared to exist
and this ordinance b~ng necess ry for the per-
servation of public he~th, s fety and welfare shall
be in full force and effe from and after its
passage and publication.
PASSED AND APPRO THIS 9th DAY OF JULY, 1979.
APPROVED:
Mayor
ATTEST:
~d~~~_
peneloJk • F~CitYCIerk
/
/
/
/
ORDINANCE NO. 568
i.
until he receives a permit. Any number of locations
may be set out. in.any one (1) applicati on or permit. .Ai- I_J
. .. '"Police '))eGIllQ·h"l\e&.l\~e~
C. Every person shall notify the & oRtl."3
for each location that blasting is to be done prior
to detonation of explosives pursuant to a permit
issued suchperson~
D. Every public Utility that shall contemplate
blasting operations of any type within the City during
any year may apply anytime during that year for a
blanket permit for a period not to exceed one (1)
year from the date of issuance. This blanket
permit-wi1:1 autho-rize and allow the Public Utility
to all rights and privileges extended to those
persons holding permits except that it_will authorize
any and all necessary blasting by the Public Utility
without the necessity of offering permits for each
individual blasting operation. After -receipt of
the blanket permit, the Public-Utility may proceed
Page Three
Blasting Ordinance
~l:r~yor~'
ORDINANCE NO. 569
APPROVED:
~2:Qd
oal~Pierce, Mayor
ATTEST:
AN ORDINANCE AMENDING ORDINANCE
NO. 296 AS AMENDED BY ORDINANCE
NO. 433 WITH REFERENCE TO
ZONING WITHIN THE CITY LIMITS
OF THE CITY OF MOUNTAIN HOME,
ARKANSAS, RELATIVE TO CHANGING
AREA ZONED RESIDENTIAL R-I TO
COMMERCIAL C-2
and
APPROVED:
Mayor
ORDINANCE NO. 5,0
ATTEST:
~, j//--------"\ '---/4
< '-·:/-;Vf7.-:?--,e'tLnx',"",,~ '. ·v!/' u~r __
City Clerk f
,~~9-.
~D:
~-~
JYor
~. - . ~
~, ~ 572
AN ORDINANCE ESTABLISHING AN ANNUAL PRIVILEGE TAX
AND LICENSE UPON THE STORAGE, TRANSPORTATION AND
SALE OF ALCOHOLIC BEVERAGES; ESTABLISHING FEES
THEREFOR; REQUIRING A STATE LICENSE; RESTRICTING
SALES TO AREAS ZONED C-l, C-2 OR INDUSTRIAL;
REQUIRING A CERTIFICATE OF OCCUPANCY; ESTABLISHING
HOURS FOR SALE THEREOF; DECLARING AN EMERGENCY
AND FOR OTHER PURPOSES.
. Pierce, Mayor
ATTEST:
r-t?~
.:::>
ierce, Mayor
APPROVED:
Variance usage for 1037 College, Henry and Pansy Allen property
ORDINANCE NO. 575
ORDINANCE NO. 575 AMENDING ORDINANCE
NO. 296 AS AMENDED BY ORDINANCE
NO. 433 WITH REFERENCE TO ZONING WITH-
IN THE CITY LIMITS OF THE CITY OF
MOUNTAIN HOME, ,ARKANSAS, RELATIVE TO
CHANGING AREA ZONED RESIDENTIAL R-l
TO COMMERCIAL C-2
APPROVED:
ATTEST:
APPROVED:
~?r2~~
V
Ronald E. Pierce, Mayor
ATTEST:
p/" r-:
Penelope R. Feist, City Clerk
"
The May<vr is hereby /
authori.zed to execute an amendment
'\ !
compound meter and the City of Cotter pay for \he cost and
installation within twelve (12) months after in~~allation and to
further provide the anniversary date to be July 15·.of every odd-
numbered year.
ORDINANCE\NO. 577
Amending wholesale Water Contracts
Page 2
SECTION Repeals.
A. No. 377 is hereby repealed in its
APPROVED:
ATTEST:
/ /'
Penelope R. Feist, City Clerk
APPROVED:
ATTEST:
/ 7'
Penelope R. Feist, City Clerk
APPROVED:
•. _ • • _ •••• :r ~ .•• :
ATTEST:
" /" \/
APPROVED:
ATTEST:
Competative Bid Waiver for Pickup Truck for Water & Sewer
ORDINANCE NO. 581
APPROVED:
ATTEST:
/~ ,/ ~_ '---;r .:::
-,__ ~r;:/~Z:?,y?__;/~;'/tL/j;{/ \_~!:-_ v!.t?~~c:.~(i_-~
/ / d
APPROVED:
ATTEST:
APPROVED:
ATTEST:
APPROVED:
ATTEST:
-
Q/Z2-eA/!--f~~
The person for whom a "Disabled VeteranH State License plate has
been issued or for whom a special decal has been issued pursuant to
Act 772 of 1979, while transporting a disabled person as defined in
such act:
A. May park for unlimited periods in parking zones restricted
as to the length of parking time permitted;
B. May park in zones reserved for spec La Lvt.ypes of vehicles,
e~cept for those zones authorized for exclusive use by emergency
vehicles, ambulances and bus stop areas;
C. Is not required to pay any parking meter fees of this City;
D. Is permitted exclusive parking privileges in those areas
designated for parking by handicapped persons only.
SECTION 6. Penalties
SECTION 7. Severability
Section 3. Severability
Section 4. Repealer
APPROVED:
~a/20
\__
~~~ J. - '
L/-------~
\V ••
APPROVED:
c:j-:;Li2 .:»:~
Ronald E. Pierce, Mayor
ATTEST:
~~~d
APPROVED :,/J .
Q~jy~~
v .
Ronald
..
E. P~erce,
Mayor
ATTEST:
~~C;;S~
Penelope Ro Fe1st, City Clerk 3% Franchise Home Cable C
ORDINANCE NO. 589
SECTION 1.
SECTION 7. Fees:
A DOLLARS
ABSTRACTORS 100.00
ADVERTISING AGENCY
BILLIARD/POOL
(a) Each domino table 5.00
(b) Each table 12.50
BOOKSTORES Inventory
Schedule II
BOTTLERS Inventory
The license fee for each bottler of Schedule II
serated, carbonated or mineral waters
of any kind and any bottler of soft
drinks shall be Inventory
Schedule II
BONDSMAN 100.00
BROKERS
(a) Lumber 50.00
(b) Stock 100.00
BUS LINES
(a) Engaged in interstate 50.00
C.P.A. 150.00
CHIROPODISTS 150.00
CHIROPRACTORS 150.00
occupation Ordinance No. 589 Continued
page 5
CONFECTIONARY 35.00
(a) Cold drinks, ice cream and candy 35.00
(b) Wholesale Distributors Inventory
Schedule II
CONTRACTORS
(a) General Building 100.00
(1) Over 50 houses, per house add 5.00
(b) Steam heat 35.00
(c) Paper hanger, Painter, etc. 35.00
(d) Cabinet maker 35.00
(e) Dry Wall 35.00
(f) Plumbers 35.00
DEALERS
(1) Farm Machinery 200.00
(2) Auto-New & Truck 200.00
(3) Auto - Used and/or other 100.60
DELICATESSEN 35.00
c:~~~"
) AJd.e.cr\;b
~~~~~~~~:J:::~~~~
~ENTISTS y Ol)..J,. 1\\0. ~3'4~
ft? ~~~
150.00
150.00
ELECTRICIAN 35.00
FACTORIES (Manfacturing)
FINANCIAL INSTITUTIONS:
Total Resources - Deposits
o 15,000,000 250.00
15,000,001 25,000,000 500.00
25,000,001 50,000,000 750.00
50,000,001 and over 1,000.00
FLOOR COVERING Inventory
Schedule II
FLORISTS (Retail) 75.00
FLORISTS (Nurseries)
FORTUNE TELLERS 4r~50.oo AJ~e.! O;a.J. ~o.G.3A-
FOUNDRY MACHINE SHOP 50.00
FRUIT & VEGETABLE STANDS 30.00
FUNERAL HOMES 150.00
FURNITURE REFINISHING & UPHOLSTERY 50.00
I (Continued)
IRON & JUNK DEALER (Metal) 100.00
IRON·BROKER 100.00
ITINERANT BUSINESS (Each Day) 25.00
ITINERANT BUSINESS (Each Year) 100.00
J
JANITOR SERVICE (Buildings/Homes/Window Cleaners) 50.00
JEWELERS Inventory
Schedule II
JEWELERY - Itinerant -First day 10.00
-Each day thereafter 5.00
JUNK & SECOND HAND 50.00
K
KENNELS (Pet Boarding/Grooming) 50.00
L
LANDSCAPE/ARCHITECTURAL CONTRACTORS (Tree Surgeons) 100.00
LAUNDERERS (Industrial) 75.00
LAUNDRY (Coin Operated) 35.00
LAUNDRY ROUTES (Residential &Commercial) 75.00
LAUNDRY WITH DRY CLEANING 50. OO~
LEASING OR RENTAL AGENTS: Rates
(a) 0-3 -0-
(b) Residential 2.50 per unit
;4dJeJ.b~ OU.
. -\- Co~",e"eltil.R
\15
"'0."e3
~
t
-,--5- .jt-~ 5.00 E;"C. i)
<.,-up 50.00 J:~"
Sob\eA:5~tJ~
\-3 #I.'~.50 J:p.~h
.d-- up d 5.00 E:AC-h
LOCKSMITH 45 00
0
41-50 800.00
51-60 1,000,,00
61-70 1,200.00
71-up 1,400.00
occupation Ordinance No 589 Cont~u~~~
page 8
M (continued)
MARBLE DEALERS (Markers/Stonecutters) 50.00
MEDICAL EQUIPMENT & SUPPLIES Inventory
Medl~AI CoNsol+A.~-ts-EA~" ~ \50.00 If\d.dc.d. b-.jORJ..'5A) Schedule II
MILK,DISTRIBUTORS:
(a) Just Warehouse 35.00
(b) Each Truck 25.00
MISCELLANEOUS SPORTING FACILITIES 100.00
MOBILE HOMES, TRAILERS, R:V. "s DEALERS 150.00
(a) Equipment/Parts 50.00
(b) Parks 50.00 plus
2.50 per space
MOTELS 50.00 plus
3 ••
50 per unit
100.00
~:~ ~~::oser;~additional
100.00
MOTION PICTURE SHOWS 100.00
MOTORCYCLE DEALERS 100.00
MOTOR FREIGHT LINE - Warehouse 250.00
MUSICAL INSTRUMENT STORES Inventory
Schedule II
N
NAPRAPATH 150.00
NEWS STAND 5.00
NURStNG HOMES 400.00
NURSERIES (Children)
(a) 1-5 15.00
(b) 6-15 20.00
(c) 15- or more 30.00
NEWSPAPER 200.00
o
OCCULIST 150.00
OFFICE SUPPLIES & FURNITURE Inventory
Schedule II
OPTICIAN 150.00
OPTOMETRIST 150.00
OSTEOPATH 150.00
ORTHODONTIST 150.00
P
PET SHOPS 35.00
~~~-
PLUMBING CONTRACTOR~~
POULTRY DEALERS
~~ ~~~~~~~~~~J~ 100.00
75.00
PRINTING COMPANY 50.00
R
RADIO STATION 200.00
RADIO-T.V. & ELECTRONICS Inventory
.£e~l Est41o/A~!)OOIRte Bl<o~S.4l.eS PeR.500lJ (E4C ~ 35.00 Schedule II
REAL ESTATE \e+~d b'i oAd. ~o' G;,34. 100.00
35.00
100.00
100.00
RECREATIONAL CLUBS - Health/Pool/Spa Centers 150.00
occupation Ordinance No. 589 Continued
page 9
R (continued)
,
RECREATIONAL HALL 50.00
RECREATIONAL - Miscellaneous Facilities 100.00
REPAIR SHOPS (Not Cars) 35.00
REPAIR SHOPS (Watches and Clocks) 50.00
RETAIL STORES (Miscellaneous & Wholesale) Inventory
Schedule II
RESTAURANT (See Cafe) - Retail Misc.
S
SALES & SERVICE, ETC. - Miscellaneous 30.00
Inventory
Schedule II
SEWING MACHINE AGENT 35.00
SHOE, SHINE OPERATORS 10.00
SHOE STORES Inventory
Schedule II
SIGN'PAINTERS/INSTALLER & MANUFACTURERS 50.00
SKAT ING RINK 75.00
SPORT STORES Inventory
Schedule II
STOCK BROKER 100.00
SURVEYORS 150.00
T
TAILOR - Agent, Salesman 50.00
TAILORING 50,,00
TIN & SHEET METAL SHOPS 100.00
TIRE RECAPPING SERVICE 50.00
TIRE SALES & SERVICE Inventory
Schedule II
TOURIST COURTS (See Motel)
TRADING STAMP STORE 50.00
TYPEWRITER/OFFICE MACHINERY & SUPPLIES Inventory
Schedule II
U
UNDERTAKER/EMBALMERS (Each) 75.00
UPHOLSTERY SHOPS 50.0.0
V
VETERINARIAN 150.00
W
SCHEDULE II
INVENTORY
0 $ 5,000 $ 30.00
$ 5,001 $ 10,000 $ 60.00
$ 10,001 $ 25,000 $ 130.00
$ 25,001 $ 50,000 $ 155.00
$ 50,001 $ 100,000 $ 180.00
$ 100,001 $ 200,000 $ 205.00
$ 200,001 $ 250,000 $ 230.00
$ 250,001 $ 300,000 $ 330.00
$ 300,001 $ 400,000 $ 430.00
$ 400,001 $ 500,000 $ 530.00
$ 500,001 $ 600,000 $ 630.00
$ 600,001 $ 700,000 $ 730.00
$ 700,001 $ 800,000 $ 830.00
$ 800,001 $ 900,000 $ 930.00
$ 900,001 $ 1,000,000 $ 1,030.00
$ 1,000,001 $ 1,500,000 $ 1,280.00
$ 1,500,001 $ 2,000,000 $ 1,530.00
$ 2 ,OO~ i
~~ 1'4 -1 ~!4 1!fB AJd<::d.. bj 0 ~d..N0 .~3A-
:t;o~ '1 . ll\C\de.d by OQ.d.. 1'0\0. ,3"
$ 1,780.00
APPROVED:
ATTEST:
A part of the wt
of the NWt of Section 3, Township
19 North, Range 13 West, Baxter County, Arkansas,
described as follows: Beginning at the NE corner
of the NWt NWt of Section 3, Township 19 North,
Range 13 West, run North 87 deg. 47' 50" West
150 feet; thence South 3 deg. 10' 40" West to
the point of intersection with the North boundary
line of the st st
NWt NWt of Section 3, Township
19 North, Range 13 West, for the point of beginning
of the property herein described. From the point
of beginning of the property herein described, run
thence North 87 deg. 47' 50" West 1042.49 feet to
a point on the East boundary line of a street known
as Cardinal Drive; run thence South 2 deg. 47' 32"
West 328.33 feet, more or Less, to the North boundary
of the Lois Jean Easdale property; run thence South
78 deg. 07' 58" West 6.82 feet to the NW corner of
the Easdale property; thence South 6 deg. 28' 30"
West 322.49 feet to the point of intersection of the
East right of way line of Cardinal Drive with the
North right of way line of US Highway 62; run thence
NE with the meanderings of the North right of way
line of US Highway 62 as follows: North 70 deg. 13'
20" East 285.96 feet; thence North 74 deg. 25' 20"
East 90.48 feet; thence North 77 deg. 27' 20" East
233.39 feet; thence North 79 deg. 40' 07" East 172.58
feet to the SW corner of Wendy's property; thence
North along the West line of the Wendy's property
3 deg. 17' 40" West 209.18 feet to the NW corner of
the Wendy's property; thence North 79 deg. 28' 30"
East 357.36 feet to a point; thence North 2 deg.
51' 30" East 129.22 feet, more or less, to the point
of beginning, containing herein 9.72 acres, more or
less.
APPEOVED:
~~~<~
ATTEST:
AN ORDINANCE APPROPRIATING
MONIES TO PAY COURT ORDERED
COMPENSATION AND BENEFITS;
DECLARING AN EMERGENCY, AND
FOR OTHER PURPOSES.
APPROVED:
ATTEST:
court order to 2
WHEREAS, it is determimed by the City Council of
Mountain Home, Ark~nsas, that current or existing rates
charged for water and sewer service by the City of Mountain
Home are not adequate for the operation and maintenance of
the water and sewer system and to retire the bonds and
provide the margin of security for the bonds required and
issued in accordance with Ordinance No. 235, ~nd;
(a) AVAILABILITY
Residential Customers
Co:m.mercial'a:n:d'Indu:strial
Customers
II II
1 1/4 17.50
II II
1 1/2 24.00
2"
3" '
"
II
49.00
99.00
"
II
II II
4" 149.00
II
6"
8" II
292.50
607.50
"II
Section 3. Sewer:
(a) AVAILABILITY
Section 6. Availability.
No more than one residential unit or one business
shall be served through one water meter, except where this
RepeA.\ed,
condition now exists on the effective date of this Ordinance
or where special conditions exist that make it more practi-
cable to serve through one meter.
.APPROVED :
~ierce, Mayor
ATTEST:
~~
Berie Lop e .R. Fet(st, City Clerk
APPROVED:
ceLeQ
Qllald E. Pierce, Mayor
ATTEST:
EMERGENCY CLAUSE
APPROVED:
ATTEST:
J/~s'hL
Penelope R. Feist, City Clerk
Section 1. Deposit.
Section 5. Payment.
Section 7. Definitions.
Section 8. Severability.
Section 90 Constitutionality.
APPROVED:
qjj[;!!d:, @. ·
ATTEST:
APPROVED:
..(~ .. if··· / . p
~",J;jc_ , l~J
;;nald E. Pierce, Mayor
ATTEST:
~~L
Penelope R. Fest, City Clerk
AN ORDINANCE DECLARING AN
EMERGENCY AND SUSPENDING THE
REQUIREMENTS OF COMPETITIVE
BIDDING ..
ATTEST:
.. ' IiI
~
:??8~ .
. ~ 7~(' ~-~~-
~ ~d~ierce, Mayor
ATTEST:
,W.Ar~-·;$JEIW~~~TE~DULE z
(a) AVAILABILITY
(c) MINiliMUMCHARGE
Residential Customers
Section 3. Sewer:
(a) AVAILABILITY
OM .~/5
Section 6. Availability.
APPROVED:
~~~
Ronald E. Pierce, Mayor
ATTEST:
APPROVED:
~r-e4lf~~
ATTEAT: ~nald E. Pierce
(-/&n~<~
ORDINANCE'NO. 601
APPROVED:
ATTEST:
~#:~
"
(2) Posts
ATTEST:
~~#~
Section 1. Repealer
Section 2. Emergency
APPROVED:
~r~~,
RO;:ld ~e~ce, Mayor
ATTEST:
APPROVED:
~;t:~
Ronald E. Pierce, Mayor
ATTEST:
~ L '_ •
APPROVED:
~d?Q.-,-
Ronald E. Pierce, Mayor
ATTEST:
ORDINANCE NO. 606
Section 1.
APPROVED:
~d2G2,
Ronald E.Pierce, Mayor.
ATTEST:
~g~
Penelope R. Feist, City Clerk
Section 1. Indemnity
Section 2. Emergency
APPROVED:
Qj::dJ/
Ronald
:?
E. Pierce, Mayor
ATTEST:
4~~
ORDINANCE NO. 608
Section 3. Term
Zone I $1.75
Zone II $2,,25
APPROVED:
~.~~~
ATTEST:
APPROVED:
APPROVED:
ATTEST:
ATTEST:
AN ORDINANCE AMENDINGORDINANCE NO. 296
AS AMENDED BY ORDINANCE NO. 433, WITH
REFERENCE TO ZONING WITHIN THE CITY
LIMITS OF THE CITY OF MOUNTAIN HOME,
ARKANSAS, RELATIVE TO CHANGING AREA
ZONED AS RESIDENTIAL R-l TO COMMERCIAL
C-3
,
APPROVED:
ATTEST:
ATTEST:
Section 1.
Residential Customers
(a) First 2,000 gallons or less per month $3.50 per month
Section 2. Severability
Section 3. Constitutionality
Section 4. Repealer
Section 6. Emergency
Ro Pierce, Mayor
ATTEST:
SEWER RATES
ORDINANCE NO. 616
Section 1. Adoption
Section 2. Fees
Section 3. Saving
Section 4. Penalties
Section 5. Severability
Section 6. Repealer
ATTEST: -.
Section L Title
Section 2. Definitions
Section 7. Hearing
ATTEST:
WEED S
ORDINANCE NO. 618
ATTEST:
ATTEST:
Pierce, Mayor
ATTEST:
ATTEST:
A. Permitted Uses
1. Two-family dwellings
B. Area Requirements
C. Height
Section 5. Emergency
ATTEST:
~&'7Wr
., ORDINANCE NO. 623
ATTEST:
Penelop~ R. Feist, City Clerk
~~/··n
·~_~~L/ c~ .~~ ~_~L-~~
Rinald E. Pierce, Mayor
ATTEST:
11 /)-;_
V~~
Penelop~ R. Feist, City Clerk
AN ORDINANCE TO BE ENTITLED:
1
ORDINANCE NO. 625
2
ORDINANCE NO. 625
and enforced
3
ORDINANCE NO. 625
ATTEST:
BY _
President
\
Section 3. Complimentary Clause.\
Section 6. Severability.
Section 7. Repealer.
ATTEST:
Fire Code
2
ORDINANCE NO. 627
ATTEST:
ORDINANCE NO. 628
Schedule
Installation charges:
Residential
Previous service 10.00
No prior service 15.00
1
ORDINANCE NO. 628
ATTEST:
2
., ORDINANCE NO. 629
A. Fire District.
1
B. Outside Fire District
Section 5. Fees.
2
Section 7. Violations and Penalties
Section 9. Severability.
ATTEST:
Clerk
Building Code
ORDINANCE NO. 630
\ /
R&llald E. Pierce, Mayor
ORDINANCE NO. 631
g~V?~.
~ald E. Pierce, Mayor
ATTEST:
~?:Q{
RdpaldE.Pierce, Mayor
ATTEST:
peneiOPe:Feit;CitYClerk
Se c t Lo'n 2. "'EmergencY.;...-An
emergency is declared
to exist and+t.hfs Ordinance beingnec'essary in that the
ordinances repealed hereby are not being 'enforced, are
no longer viable, and each needs to be repealed and
removed from the ordinance records of the City, this
Ordinance shall be in full force and effect from and
after its passage and publication.
ierce, Mayor
ATTEST:
ORDINANCE NO. 634
A. Additions-
B. Deletions-
Commercial
Units RATE
Subleasing
Section 3. Severability.
Section 4. Constitutionality.
Section 5. Emergency.
ATTEST:
p~e~Clerk
That part of the NE% SW% of Section 10, and any part
(if any) of the SE% NW% of Section 10, in Twp. 19
North, Range 13 West, bounded and described as follows:
ATTEST:
A. Additions-
Section 3. Severability.
Section 4. Constitutionality.
Section 5. Emergency.
Pierce, Mayor
ATTEST:
ORDINANCE NO. 637
GiF2//~ i~~'
ATTEST:
pe~lerk
ATTEST:
ORDINANCE NO. 639
Section 1. De£initions.
Marvin Cole & Associates - Marvin Cole & Associates, Inc., Box
634, Yellville, Arkansas.
Section 5. Emergency.
ATTEST:
p~~Clerk
ORDINANCE-NO. 640
Attest:
Clerk
ORDINANCE NOo 641
c;ardEGPierce, Mayor
ATTEST:
Clerk
ORDINANCE NO. 642
(£JJ::.~
Roftald Eo Pierce, Mayor
ATTEST:
c5?rJ!J ~ -C2L~b~
Ronald E. Pierce
Mayor
ATTEST:
~~I2_~'x
PeneropeR:Feis(t v
City Clerk
ORDINANCE NO. 644
TOTAL $8,710.00
,
C?rceL!c?~
Rdhald E. Pierce, Mayor
ATTEST:
~!
penelo~is~1tY(5lerk
A~
Suspended bidding-meterials for streets
ORDINANCE NO. 645
WHEREAS, five (5) mills of the ten (10) mill tax as autho-
rized by statute will not be committed nor will the same be ex-
tended or assessed commencing January 1, 1982,
Section 1. Title.
ATTEST:
Section 1. Title
Section 8. Rebate
Section 9. Severability
~dI7e&?+<
R~ald E. Pierce, Mayor
ATTEST:
\yt2~£<
Penelope
;t2~ ;;1:
RI Feis/t~Ei ty Clerk
1% Sales Tax
ORDINANCE NO. 647
ATTEST:
Section 1. Repealer.
Ordinance Nos. 85, 86, 87, 88, 89, 89, 90, 91,
93, 94, 95, 96, 97, 98, 99, pnd 103 should be and each is
hereby specifically repealed in their entirety.
Section 2 Emergency.
ATTEST:
ORDINANCE NO. 649
Section 1. Title.
Section 4. Exception.
Section 5. Emergency.
Section 6. Repealer
~~
ona:J:d];. ~irce,
.. :
Mayor
ATTEST:
ORDINANCE NO. 650
Section 1.
Section 2.
Section 3.
Section 4 .•
ATTEST:
ATTEST:
~~Clerk
EXHIBIT "A"
Part of the Nt of the swt and part of the SEt of the NWt
of Section3, Township 19 North, Range 13 West, Baxter
County, Arkansas, more particularly described as follows:
Section 1.
Schedule
Installation Charges:
Residential
Previous Service (one outlet) 15.00
No Prior Service (one outlet) 30.00
For each additional outlet 5.00
Business
Previous Service per outlet 15.00
No Prior Service (one outlet) 30.00
For each additional outlet 20.00
Section 2. Repealer
ATTEST:
Section 1.
Section 2.
Section 3.
Upon execution, by both parties thereto, of the
aforesaid contract, the Mayor and Chief Executive Officer
of the Municipality is hereby authorized and directed to
execute and deliver the Notice to Proceed to Garver &
Garver, pursuant to the contract herein authorized.
Section 4. Emergency
Section 1.
Section 2.
Section 3.
The Mayor is hereby authorized to purcha~e liquid
asphalt from Hydrocarbon Specialties, Inc., Joplin,
Missouri. Said purchase shall be approximately as
follows:
Section 4.
ATTEST:
Section 1.
Section 2.
Section 3.
Section 4.
Section 5. Emergency.
....
.J
ATTEST:
~~
Section 1.
Section 2.
Section 3. /
WHEREAS, there is a great ne d for/an additional
source of revenue to pay the risin c~t of keeping
prisoners; therefore, an emergency\is hereby declared to
exist and this ordinance being imme~yately necessary for
the protection of the public peace,)~ealth, and safety
shall take effect immediately upon~~s passage and
approval.
ATTEST:
Section 1.
Section 2.
Section 3.
Section 4.
ATTEST:
Section 1.
Section 2. Exemptions.
Section 6. Definitions.
Section 7. Construction.
Section S. Severability.
Section 9. Constitutionality.
~g~-i
RaIdCPierce, Mayor
Section 1.
Section 2.
ATTEST:
ORDINANCE NO. 661
Section 1.
~~~~
·RO'd¥.Pierce, Mayor
ATTEST:
~~Clerk
ORDINANCE NDo 662
~C!:.~~
~ierce, Mayor
ATTEST:
~~~~
ORDINANCE ND. 663
Section 1.
Section 2.
Section 3.
Section 40
Section 5.
Section 6.
~2~~_~.
~ierce, Mayor
ATTEST:
~p.~
~FE(ist, City Clerk
Blasting Permit
ORDINANCE NO. 664
read as follows:
Main Station
Extensions, T.V. or F.M.
Schedule
$ 9.05
1.00
!
Charge for amplifier (when heeded)
Up to 10 outlets* 2.00
Above 10 outlets** ~5';00
Installation Charges:
Residential
Previous Service (one outlet) 15.00
No Prior Service (one outlet) 30.00
For each additional outlet 5.00
Extension F.M. or T.V. 15.00
Business
Previous Service per outlet 15.00
No Prior Service (one outlet) 30.00
For each additional outlet 20.00
Mo~s and Changes:
Inside 15.00
Outside:
Previous Service (one outlet) 20.00
No Prior Service (one outlet) 30.00
For each additional outlet 5.00
Reconnect after disconnect for non-payment 20.00
Return check charge 5.00
* This is total outlets including main station outlet.
** Amplifiers will be added as needed to maintain signal
stength due to losses because of number of extensions or
length of runs.
APPROVED:
~z.G2~-~
R:IialdC Pierce, Mayor
ATTEST:
~c?Q2<
~ierce, Mayor
ATTEST:
~-lf!:~y Clerk
Section 1.
Section 2.
Section 4.
Section 6. Severability.
Section 1; Constitutionality.
Section 9. Construction.
ATTEST:
North 66° 28' 01" East 492.00 feet; North 78° 30' 00"
East 663.20 feet to an existing iron pin (30 feet from
center line); North 79° 45' 55" East 323.34 feet to an
existing one-half inch rebar in a fence line (35 feet
from center line); point of beginning of tract being
_described; continue along said right-of-way, North 81°
13' 20" East 106.72 feet to an existing one-half inch
rebar (40 feet from eBmter line) on the West side of
Bradley Drive; leaving said Highway right-of-way, go
along West side of Bradley Drive, South 01° 23' 10"
West 421.20 to an existing one inch Square tubing in
a fence line; then go along sai.d fence line with the
following movements: South 82° 48' 25" West 112.09
feet to an existing one and one~half inch angle iron;
North_02° 10' 41" East 419.13 feet to the point of
beginning and containing 1.04 acres.
APPROVE~ 2?. C2
Mayor
.......,.;
ATTEST:~~
Recorder
Part of the swt NWt and part of the SEt NWt Section
10, Twp.19 North; Range 1~ West, described as follows:
ATTEST:
ATTEST:
Section 1.
Section 2.
Section 3.
Section 4.
r?t/£
~
~e-.
E. Peirce, Mayor
::>
ATTEST:
~~f2~-
ROTIaJ:dE:Prerc e, Mayor
ATTEST:
ORDINANCE NO. 673
AN ORDINANCE DECLARING AN
EMERGENCY AND SUSPENDING
THE REQUIREMENTS FOR
COMPETITIVE BIDDING.
~L~-~-.5
o aId E. Pierce, Mayor
ATTEST: .
0.&17t~~~
Penelope
R. Fei~6~rk
ORDINANCE NO. 674
1ifJL2GiL -
Ro aId E. Pierce, Mayor
ORDINANCE NO. 675
ATTEST:
~J/c?Q'-=-
~. Pierce, Mayor
ATTEST:
ORDINANCE NO. 677
~~~ierce, Mayor
ATTEST:
Section 2. ~
Upon presentation of the bu· ding permit, and of all
invoices for materials used in t e construction of said
structure the City shall rebatj o~ an individual claim
basis, taxes paid prusuant t7/0rdiriance No. 646 in excess
of $25.00 Said rebate shaJ'be mad once only.
Section 3. . /
All such aforementilned invoices shall clearly show
the total amount of ta~s paid pursuan to Ordinance No.
646 and shall be clea~ly marked as to Job num~er and/or
City address. II
Section 4. /
This Ordinanole shall be retroactive o July 1, 1981.
i
~p. ?2.,~. ,
RaidE: Pierce, Mayor
ATTEST:
-A ~.
pe~er~Clerk
ATTEST:
ORDINANCE NO. 681
ATTEST:
ORDINANCE NO. 682
.
.-----::::>
--) /1 / P Q
~0L~-~<
~gnald E. Pierce, Mayor
'
ATTEST:
ORDINANCE 683
~~@~->
~Pierce, Mayor
ATTEST:
ORDINANCE NO. 684
c::s:;:~!?
Ronald
2d<kd
E. Pierce, Mayor
ATTEST:
ORDINANCE NO. 685
~PQ~
Ron~d E. Pierce, Mayor
ATTEST:
Clerk
ORDINANCE NO. 686
~d;PQ...
~. Pierce, Mayor
ATTEST:
a
ORDINANCE NO. 687
~Q.
ROidE:Pferce, Mayor
ATTEST:
ATTEST:
ATTEST:
/) /l.,
~C2
RaId E. Plerce, Mayor
..
ATTEST:
!
\ / ! ,1
D/)'[/ l(~/) J.
Penelope R.
ORDINANCE NO. 691
AN ORDINANCE APPROPRIATING MATeHING
FUNDS FOR A NORTH ARKANSAS TRANSPORTATION
SERVICE BUS FOR THE CITY OF MOUNTAIN HOME.
passage.
PASSED AND APPROVED T
~
~P~:~" ~
ATTEST:
ORDINANCE NO. 692
~.pC2<
ROaidE:Pierce, Mayor
--
ATTEST:
ORDINANCE NO. 693
~c?e-.~
R:id:Clerce, Mayor
ATTEST:
ORDINANCE NO. 694
ATTEST:
Clerk
ORDINANCE NO. 695
Section 9. Repealer.
All Ordinances or parts of Ordinances, or amendments
thereto, in conflict with this Ordinance, are hereby re-
pealed.
Section 10. Emergency.
This Ordinance is necessary for the preservation of
the health and ~afety of the citizens of Mountain Home,
Arkansas, as the control of traffic, public health, safety
and welfare, vehicular access, and standards for construc-
tion therefor, is necessary for the protection of properties,
an emergency is hereby declared to exist and this Ordinance
shall be in full force and effect from and after its passage
and publication.
PASSED AND APPROVED THIS 29TH DAY OF JULY, 1982.
r;;;::;=='.IC ~.~
Ron ld E. Pierce, Mayor
ATTEST:
ATTEST:
ORDINANCE NO. 697
~!!(jl,
ATTEST:
ORDINANCE NO. 698
ATTEST:
~
penelo~eist,
A~ City Clerk
ORDINANCE 699
~!'.Q.
RaldE:Pierce, Mayor
ATTEST:
ORDINANCE NO. 700
ATTEST:
ORDINANCE NO. 701
ATTEST:
ORDINANCE NO. 702
ATTEST:
l Y Clerk
ORDINANCE NO. 703
ATTEST:
Pierce, Mayor
ATTEST:
VI
pe~Feist,
A~ City Clerk
ORDINANCE NO. 705
Pierce, Mayor
ATTEST:
ORDINANCE NO. 706
ATTEST:
/
~£.Q~
Penelope R. Feist, City Ronald E. Pierce, Mayor
Clerk
TOTAL $30,707.67
ORDINANCE NO. 707
~c?Q~
Fa::LdCPierce, Mayor
ATTEST:
AN ORDINANCE ON ALLEYWAY
NEXT TO MASONIC LODGE IN
GRAY'S SUBDIVISION.
'\,
//:=~~~
n') {
f'id
()(i e,:'0
Ja- "-'.
./-t:" _/, "-
Ronald E. Pierce, Mayor
ATTEST:
ORDINANCE NO. 709
ATTEST:
APPROVED:
~I
,
<5'
. '"C, ~~~
r': ,_
~ Pierce, Mayor
ATTEST:
~#J£O~
~Pierce, Mayor
ATTEST:
Section 9. Penalties
Section 10. The Five(5) Cent, Ten (10) Cent, and the
quarter (25) Cent coins required to be deposited in
parking meters as herein provided are hereby levied and
assessed as fees to provide the proper regulation and
control of traffic upon the public streets and avenues
of said City, and also the cost of rental, purchase,
installation, supervision, protection, inspection,
operation, maintenance and control and use of the
parking meters described herein.
ATTEST:
Parking Regulations
ORDINANCE NO. 713
Section 2.
Extensions to the existing sanitary and water systems
as may now exist may be built to serve the property within
the bounds of the above-described territory in such manner
and with such materials as the Commissioners of Water and
Sewer Improvement District No. 3 may deem to be the best
interest of the said district and the cost thereof may be
assessed on the real properties hereinabove described as
benefits thereto.
Section 3.
That there is an immediate need for constructing
extensions to the existing sanitary sewer system and water
system as the same now exists, to serve the property within
the boundaries hereinabove described. Therefore, an emer-
gency is declared to exist, this ordinance being necessary
for preservation of the public health and safety, the same
shall be in full force and effect from and after its pass-
age and publication.
THIS ORDINANCE PASSED AND APPROVED THIS 13TH DAY OF
JANUARY, 1983.
ATTEST:
Gii2(;?Q
RMnald E. Pierce, Mayor
ATTEST:
ATTEST:
~. ~
~ ~~
~erce, Mayor
ATTEST:
APPROVED:
ATTEST:
Section 4. Fee
The fee for the permit for each cut or bore make by a
person other than a Department of the City, shall be Twenty-
Five Dollars ($25.00) payable at the time of acquiring said
permit and shall be in addition to any connection fees or
any other fees applicable to the project for which the cut
or bore is required.
Section 5. Safety
All work performed pursuant to said permit shall meet
all safety standards and the person undertaking such work
shall protect the safety of the traveling public by erection
of barricades, signs and lights.
Section 6. Pavement
Whenever a cut is to be made in the bounds of the ac-
tual pavement, the pavement shall first be cut with an ap-
proved cutting device to provide straight squared edges.
Pavement shall be removed in such manner to provide eighteen
(18) inches of undisturbed earth between the edge of the cut
pavement and the edge of the excavation.
Section 7. Removal of Material
All excavated material shall be removed from the job site
prior to commencing backfilling operations. No backfill
shall be placed in any cut prior to inspection by the City
Street Superintendent.
Section 8. Inspection
The City Street Superintendent shall, upon notice, in-
spect such boring or cuts to determine whether the provisions
of this ordinance are being observed.
Section 9. Backfill and Pavement Restoration
A. Upon approval of the excavation by the City Street
Superintendent, the excavation shall be backfilled with wet
sand, crushed stone dust, crushed stone size #12, crushed
limestone base SB-2 or equal to an elevation twelve (1211)
inches below the pavement or ground surface. The remainder
of the excavation shall be backfilled with crushed stone
base SB-2 complying with Section 306.02 of the Arkansas
State Highway Commission Standard Specifications except
that the top twelve-inches may be an approved earth material
when the excavation is not under the pavement proper. The
backfill shall be compacted to 90% of maximum density as
determined by the Standard Proctor Test. In no case shall
pea gravel, a bank run or the like be used to backfill any
excavation within the right-of-way of any street.
B. Within thirty (30) calendar days after completion of
initial backfill set out above, the pavement backfill shall
be cut and shaped at a depth of four (4) inches below the
surface of the finished pavement with an overlap of eighteen
(18) inches from the edge of each side of the final excave-
tion. The cut shall be filled with HAC surface material
-3-
~dPG?~
R:OIlldE:. Pierce, Mayor
ATTEST:
ATTEST:
ORDINANCE NO. 720
ATTEST:
ORDINANCENO. 721
AN ORDINANCEAMENDINGORDINANCENO. 715;
INCREASINGTHE AMOUNTAU'IHORIZEDFOR
PURQIASEOF LABORA'IORY
EQUIPMENTFOR THE
WASTEWATERTREATMENTPLANT; DEa.ARING AN
EMERGENCYANDFOR OTHERPURPOSES.
Section 1. Authorization
The phrase "for an amount not to exceed $13 ,,50.0.,.0.0. plus sales
tax" is hereby deleted from Section 1 of Ordinance No. 715" and the
following is inserted in its place: "for an amount not to exceed
SIXTEEN THOUSAND OOLLARS($16,,0.00.0.0.) plus shipping on back-ordered
items. n
The City has taken delivery on the subject equipnent and payment
is due Fisher Scientific on certain invoices; therefore, an emergency
is declared to exist and this ordinance shall be in full force and
effect from and after its passage.
ATl'EST:
'~.?~~
Connie House, City Clerk
., ORDINANCE
NO.12L
ANORDINANCE TO ABANOONANDETI'INGUISH
THECITY'S INTERESTIN A CERTAIN UNUSED
UTILITYEASEMENT BE'IWEEN
LOTS12 AND13
OF BLOCK4 I' INDIANCREEK NO;.3 I' PHASE2,
ANDFOROlHERPORPOSES.·
WHEREAS, notice has been duly published in the time and in the
manner prescribed by law for a public hearing to be held on the
matter; and,
IT IS, THEREFORE,
ORDAThlW
BY THECITY mUNCILOF THECITYOF
MOUNTAIN
HOME,ARKANSAS:
1. That the interest of the City f Mountain Home, its Board and
Commissions, in and to a certain utility easement along and ten (10)
feet on either side of the line dividing lots 12 and 13 in Block 4,
Indian Creek no. 3, Phase 2, as shown by the recorded plat thereof,
except for any part of such easement within ten (10) feet of the front
or rear lot lines of said lots, be and the same is hereby abandoned
forever.
BE IT ORDAINED
BY THECITY CDUNCIL
OF '!HE CITY OF MOUNTAIN
HOME,
ARKANSAS:
IT IS THEREFORE
ORDAINED
BY '!HE CITY CDUNCIL
OF MOUN.mIN
HOME,
ARKANSAS:
PASSEDANDAPPROVED
'!HIS 28'!H DAYOF APRIL, 1983.
ATI'EST:
~di~
Conn;e House, City Clerk
ORDINANCENO. 724
AN ORDINANCESUSPENDINGTHE REQUIRMENTS
OF COMPETITIVE-BIDDING-ONCERTAINREPLACEMENT
PARTS FOR '!HE DRIVE-IN--wINDC:lV
IN THE WATER
DEPAR'IMENT;AUTHORIZING- THE MAYOR'ill PURQIASE
THE PARTSANDHAVETHEMINSTALLED; DECLARING
AN EMERGENCY ANDFOR OTHERPURPOSES.
Section 1. Authorization
ATTEST:
Lc/L~
Connie House, City Clerk
00.1.2.5.
ORDINANCE
ANORDINANCE
DEFININGTHETERMIf SINGLE
TRANSAcrION"
FORPURPOSEOF THELOCAL
SALESTAX;REPEALING
ORDINANCE
NO. 678;
PROVIDING
THEEMERGENCY·
CLAUSEANDFOR
OTHERPURPOSES.
BE IT ORDAINED
BYTHECITYmUNCILOF THECITYOF MOUNTAIN
HOME,
ARKANSAS:
SECJ:'ION
L Defining Single Transaction. The term "single
transaction" for the purposes of the local sales tax, shall be defined
according to the nature of the goods purchased, as follows:
PASSED
ANDAPPROVED THIS 26THDAYOF ~1AY, 1983.
ATI'EST:
ORDINANCENO.12.6.
AN ORDINANCEACCEPl'INGPUBLIC DEDICATIONS,
IMPROVEMENTS,STREETS, ANDALLEYSOF
Q)()PER ESTATES, BLOCKI.
are hereby accepted and the Clerk and Ex-officio Recorder of the
Circuit Court is hereby authorized to record the final plat thereof.
ATTEST:
ANORDINANCEAMENDING
ORDINANCE
NO. 698 'ID
REVISEPERSONNEL·
POLICYFORTHECITYOF
MOUNTAINHOME.
FORE,BE IT ORDAINED
BYTHECITYCOUNCIL
OF THECITYOF
\ARlKANSAS :
During the fi: st two weeks of January, all vacations for the year
will be schedul by the Department Head. Employee requests for
specific vacation tes should be given to the Department Head no
later than Janua 1. Requests will not be granted for any time
period of less than e week except that the second and third weeks of
vacation may be take in shorter increments as approved by the
Department Head.
1
Ordinance Re .sing City Personnel Policy
Premiums for all pans, which the employee may choose to join,
other than group hospi taliz ion, will be paid by the employee through
payroll deduction.
SECI'ION
·4: EmergencyClause
~Pierce, Mayor
ATrEST:
2
ORDINANCENO.m
AN ORDINANCELEVYINGAN ADDITIONAL$3.00
COURTCOST ON CASES-m '!HE MUNICIPALCOURT
OF-MOUNTAINHOME,ARKANSAS,UNDERAOTHORITY
OF AeJr 860 -OF 1983 FOR '!HE PURPOSEOF PAYING
FOR 'lEE COSTS OF·THE ADMINISTRATIONOF JUSTICE~
DECLARINGAN-EMERGENCY ANDFOR O'mER PURPOSES.
ARKANSAS:
levied and shall be collected from each defendant upon plea of guilty,
Home, Arkansas, the sum of Three Dollars ($3.00).. The said funds
peace, health and safety, shall take effect inmediately upon its
~c!9~
Ro d E. Pi.erce; Mayor
ATI'EST:
ARKANSAS:
levied and shall be collected from each defendant upon plea of guilty, nolo
Section 2. The monies collected by the levy of this court cost shall
made for Court costs and money COllected by this levy shall then be
deposi ted into a bank account known as the "Criminal Justice Fund of the
City of Mountain Home" and such monies shall be used for reimbursing the
repealed.
Section 4. WHEREAS,
there is a great need for an additional source of
necessary for the protection of the public peace, health and safety shall
PASSEDANDAPPROVED
THIS 7TH DAYOF JULY, 1983.
A'ITEST:
SECl'ION1.. ADOPTION
OF FIRE POOlENTION
CODE.
2,. DELETIONS
SElCTION ANDINSERTION•
SECl'ION4. COMMERCIAL
BUILDING
IN ZONESC-2 ANDC-3.
SECl'ION5" Sf¥)KEDETECIORS
IN EXISTINGSTRUCIURES
,e
SECI'ION6,. CERTIFICATE
OF ocaJPANCY
..
SECl'ION7" ORGANIZATION
OF FIRE.PREVEN'I1ON
BUREAU.
SECI'ION8.. VIOlATIONS
ANDPENALT.IES
..
SECI'ION9.. SAVING
CLAUSE.
jt
SECI'ION10" SEVERABIDITY.
J
SECI'ION11. REPE)ALER.
l
SECI'ION12.. EMERGENCY
CLAUSE.
'!here is an' ediate need to bring currenp the regulations
providing for the tection of dwellings, strlft:tures and businesses
&
1983.
Pierce, Mayor
A'ITEST:
£2~~
ConnieHouse, City Clerk .II
:f
/'
"
;'
l
I
/
l
/
I
/
/
/
/
/
NO. n2.
ORDINANCE
AN QRDINANCE R&;OLATINGTHEERECTION,OONSTRUcrION,
~EMENT, ALTERATION,REPAIR, MOVING,REMOVAL,
~ION, DEMOLITION,OCCUPANCY, EQUIPMENT,USE,
BEIG AREA,ANDMAINTENANCE OF BUILDINGSSTRUCIURES
IN THE ITY OF MOLwmINHOME,ARKANSAAS; COMMONLY
CALLED "BUILDINGCODEII; PROVIDINGFORTHE ISSUANCE
OF P ...ANDCOLLEcrIONOF FEES THEREFOR; DECLARING
ANDES'mBDlS"J:iING
A FIRE DISTRIcr; PROVIDINGPENALr.ItES
FORTHEVIOJ;ATIONTHEREOF,ANDREPEALING ALL ORDINANCES
ANDPARTS ORDINANCES IN CONFLIcr THEREWITH; DijlCLARING
ANEMERGENCY FOROI'HERPURPOSES.
SEGrION2 II ESTABLISHMENT
OF F~! DISTRIcrS
SECl.'ION3" CONVERSION
OF RE~IDENTIALSTRUCI'URES
IN OUTOF FIRE DISTRIcr
SECI'IQl\f
4.. (x)MMERCIAL
BUILDING
IN Z0NES-2or C-3
SECTION OF ocora
6. CERTIFICATE
SECTION
7,. FEES.
A. The fees provid for in Appendix ~~n of the Building Code shalL be
reduced by nn,:>-ri~ f of the amount stated therein.
SECTION
8" (x)MPLIME~\RY
CLAUSE.
$ECI'ION 11 .•
~i
l'
.I
/
l
/
.I /
ATI'EST: .l
ORDINANCE
NO. 733
ANORDINANCE VACATING
A UTILITYEASEMENT
IN DR.IE"ll'ifOOD
LAKESUBDIVISION
..
NC\i\f
8' THEREFORE,
BE IT ORDAINED
BYTHECITYCOUNCIL
OF THECITYOF
MOUNTAINHOME,ARKANSAS:
PASSED
AND APPROVED
THIS 14THDAYOF JULY, 1983..
ATI'EST:
THEREFORE,
BE IT ORDAINED
BY THECITY COUNCIL
OF MOUNTAIN
HOME,
ARKANSAS:
ATTEST:
, /
~ ~~
COnnie House, City Clerk/Treasurer
ORDINANCE
NO. 73 If:"
AN ORDINANCE WAIVThTGCDMPETITIVEBIDDING
FOR ENGINEERING SOPERVISIONANDINSPEcrION
ON DYERST. REQ)NsmucrION; PERMITTING
MAYOR 'IO CDNTRACr
WI'lH MIKEHUETI'FOR SAID
PROFESSIONAL SERVICES; CREATINGAN EMERGENCY
ANDFOR O'lHERroRPOSES.
WHEREAS, Mike Huett drew up plans and specifications for the Dyer
Street Reconstruction Project; and
NCW,'lHEREFORE,BE IT ORDAINED
BY 'lHE CITY CDONCILOF 'lHE CITY OF
MOUN'J]\IN HOME,ARKANSAS:
The City has contracted for the reconstruction of Dyer Street and
is ready to begin constructdorn engineering supervision and inspection
are essential on the part of the City during said construction thereby
serving the health, safety and welfare of its ci.trizensr therefore an
emergency is decl.ared to exist and this Ordinance shall be in full
force and effect from and after its passage.
PASSEDANDAPPROVED
'lHIS 28'lH DAYOF JULY, 1983.
A'ITEST:
L~gd
Connie House, City Clerk/Treasurer
ORDINANCE NO. 736
Section I",
Section I of Ordinanc No. 542 is amendedto include Act 549 of
1983. This Act is knownas e "OmnibusWI Act" and becamelaw on
March21, 1983.
Section II",
~cPQ. - ---'"
RO d E. Pier\ Mayor
A'ITEST:
/)
U:~~<?gJ
/ \
ConnieHouse, City Clerk/Treasurer
ORDINANCE
NO. 737
ANORDINANCE AMENDINGORDINANCENO..296
wrm REFERENCE
AS ll-.MENDED, TO ZONING
wJ:'lHINmE CITYLIMITSOF THECITYOF
MOUNTAIN HOME,ARKANSAS, RELATIVE
TO
CIIANGINGAREAZONED·AS RESIDENTIAL
R-l
'IO COMMERCIALC-2.
THEREFORE,
BE IT ORDAINED
BY mE CITY CDUNCIL
OF MOUNTAIN
HOME,
ARKANSAS:
PASSEDANDAPPROVED
THIS 28'lH DAYOF JULY8' 1983.•
~Co~'
... ~~~
~ce,Mayor
A'lTEST:
6!~sL~
Connie House, City Clerk/Treasurer
ORDINANCENO. 738
WHEREAS,
OrdinanceNo. 608 needs to be repealed:
EachAdditional Automobile
in Use $10.00 per year
of the fees set out hereinbefore in Section 2 for the exclusive grant
herein, and privilege hereof, shall be in lieu of all other licenses,
charges, fees, inp:>sitions of taxes (other than autanobile license
fees, special millage taxes, Improvement;district taxes,. and general
ad valorem taxes) charged or inposed or levied by the City of Mountain
Hane, Arkansas.'
ATI'EST:
ORDINANCE NO. 739
ATI'EST:
TfIEREFORE,
BE IT ORDAINED
BY TfIE CITY CDUNCIL
OF MOUNTAIN
HOME,
ARKANSAS:
ATTEST:
y
\
ORDINANCENO. 741
AN ORDINANCE WAIVINGCOMPETITIVEBIDDING
rn CONTRACl'CHANGEORDERNO. 1 DYER
If
STREETRECONSTRUCI'Irn~PERMITTINGMAYOR
'IO INCREASEAMJUNTOF CONTRACl'WITH ALLEN
ENGINEERING~ CREATING AN.EMERGENCY
AND
FOR O'IHERPORPOSES•.
The City has contracted for the reconstruction of Dyer Street and
Allen Engineering has begun construction; therefore and emergency is
hereby declared to exist and this Ordinance shall be in full force and
effect fran and after its approval and passage .•
G:r~Ci?LA
~d E. Pierce, Mayor
A'ITEST:
y[!y[!/ ~
~/C'~/
>./.' -
AN ORDTh"TANCEWAIVING(DMPETITIVE BIDDING
FOR REPAIR OF ·DAMAGE TO MOUNTAIN·
HOME
'IWO MILLION GALLON S'IDRAGETANK.
Section 1. Authorization
ATI'EST:
~.u~~ae ""
Connie House, City Clerk/Treasurer
ORDINANCE
NO. 743
AN ORDINANCE
WAIVING'mE REQUIREMENTS
OF COMPETITIVE
BIDDrnGONRJRCEASEOF
POLEDECDRATIONSFORCHRISTMAS SEASON.
NCW,'lHEREFORE,BE IT ORDAINED
BY '!HE CITY CDUNCIL
OF '!HE CITY OF
MCXJN'Iro:N HOME,ARKANSAS:
Section L Authorization
The order for Christmas decorations for City streets must be sent
in immediately if delivery is to be expected in time for the Chrf.stmas
season; therefore, an emergency is declared to exist and this
Ordinance shall be in full force and effect fran and after its
passage .•
PASSEDANDAPPROVED
'!HIS l3'!H DAY OF OCIOBER,1983 .•
ATl'EST:
~c4gd
Connie House, City Clerk/Treasurer
ORDINANCE
NO. 744
Section 1 It Authorization
The Water Department has been unable to use its Dodge pickup for
some time due to accidental damage, and the sooner it is put in
service the better the public welfare will be served; therefore an
emergency is declared to exist and this Ordinance shall be in full
force and effect from and after its passage.
PASSEDANDAPPROVED
THIS 13TH DAYOF OCI'OBER,1983.
A'ITEST:
~~
Connie House, City Clerk