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0652 III RESOLUTION NO. 652 (#14 —2010) I A RESOLUTION AUTHORIZING AND APPROVING A WATER PURCHASE CONTRACT BETWEEN THE CITY OF JACKSONVILLE, ARKANSAS, AND THE LONOKE /WHITE PUBLIC WATER AUTHORITY OF THE STATE OF ARKANSAS; AND, FOR OTHER PURPOSES. WHEREAS, the City of Jacksonville, Arkansas is a participating utility in the Lonoke /White Public Water Authority of the State of Arkansas ( LWPWA') Project, which will bring surface water from Greers' Ferry Lake to the North Central Arkansas area; and, WHEREAS, it is in the interest of the City of Jacksonville to enter into the attached Water Purchase Contract (the "Agreement ") with LWPWA, whereby the City will obtain an individual interest in the water treated and transported via the LWPWA Project. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLE, ARKANSAS, THAT: 1 SECTION ONE: The Agreement, in substantially the form presented at the Council Meeting at which this Resolution is addressed, is hereby approved, and the Mayor and 1 111 City Clerk of the City are hereby authorized to execute the Agreement on behalf of the City, with such changes as may be approved by the Mayor consistent with the Agreement presented and the terms of this Resolution. SECTION TWO: The Mayor and City Clerk of the City of Jacksonville, Arkansas, are hereby authorized to execute such writings and take such actions as may be appropriate to carry out the terms of this Resolution consistent with the purposes of this Resolution, including execution of the Agreement. Such action is hereby ratified. SECTION THREE; It has been found that the Agreement is plainly in the interest of the City and that its execution is essential to the development of a future supply of water to be made available pursuant to the Agreement. Therefore, this Resolution, being necessary for the preservation of the public health and safety, shall be effective upon and after its d.te of adoption. . OVED AND ADOPTED THIS 2f DAY OF OCTOBER, 2010. _; CITY OF JACKSONVILLE, ARKANSAS — :� t' - / • `° GAR FL AYOR 1 II al. SUSAN VITT, C CLERK RO: RT B - BURG, C ORNE