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0711RESOLUTION NO, 711 (#06 - 2014) A RESOLUTIONAUTHORIZINGANDAPPROVING TWOAMENDMENTS TO THE AGREEMENT BETWEEN THE CITY OF JACKSONVILLE, ARKANSA 5AND THE MID ARKANSAS WA TER ALLIANCE, FORMERL Y KNOWN AS LONOKE-WHITE; AND, FOR OTHER PURPOSES, WHEREAS, the City of Jacksonville, Arkansas (the "City's operates both a water distribution and sewer collection systems which serve the City and its inhabitants; WHEREAS, on September 10, 2009, an agreement (the "Allocation Agreement) was entered into by and among the Mid -Arkansas Water Alliance, a nonprofit corporation organized and existing under the laws of the State of Arkansas ("MAWA'% the City of Cabot, Arkansas, Conway Corporation, Conway County Regional Water Distribution District, Community Water System, the City of Lonoke, Arkansas, Grand Prairie Bayou Two Public Facilities Board of Lonoke County, Arkansas, the City of Jacksonville, Arkansas, North Pulaski Waterworks Association, and Central Arkansas Water (collectively, the "Members'; WHEREAS, the Allocation Agreement assigns the Members' individual shares of the Two and Four Hundred Seventy-six Thousandths Percent (2.476%) joint -use storage space in Greers' Ferry Lake (the "Storage Allocation', pursuant to the Water Storage Agreement (the "Water Storage Agreement') between MAWA and the United States of America; WHEREAS, it has been determined that it is in the best interest of the City to enter into an amendment to the Allocation Agreement ('Amendment No. 1 to the Allocation Agreement) with MAWA to approve the sale of the City of Lonoke's Eight Hundred Seven Thousandths Percent (0.807%) Membership Share in the Storage Allocation to the Lonoke/White Public Water Authority; and, WHEREAS, it has also been determined that it is in the best interest of the City to enter into a second amendment to the Allocation Agreement ("Amendment No. 2 to the Allocation Agreement' } with MAWA, to approve the change in the legal status of the Grand Prairie Bayou Two Public Facilities Board, a public facilities board created pursuant to ACA § 14-13-101 etseq., which has changed its formal name to Grand Prairie Bayou Two Public Water Authority, a public water authority created pursuant to ACA § 4-35-201 etseq., and the assignment of the Grand Prairie Bayou Two Public Facilities Board's One and Six Hundred Fourteen Thousandths Percent (1.614%) Membership Share to the Grand Prairie Bayou Two Public Water Authority. RESOLUTION NO, 711 (#06-2014) Page Two NOW, THEREFORE, BE IT RESOL VED BY THE CITYCOUNCIL OF THE CITY OFIACKSONVILLE, ARKANSAS, THAT. SECTION ONE. Amendment No. 1 to the Allocation Agreement, in substantially the form presented at the meeting at which this Resolution is addressed, is hereby approved. Mayor Gary Fletcher is hereby authorized to execute Amendment No. 1 to the Allocation Agreement on behalf of the City, which such changes as may be approved by the Mayor consistent with Amendment No. 1 to the Allocation Agreement presented and the terms of this Resolution. SECTION TWO; Amendment No. 2 to the Allocation Agreement, in substantially the form presented at the meeting at which this Resolution is addressed, is hereby approved. Mayor Gary Fletcher is hereby authorized to execute Amendment No. 2 to the Allocation Agreement on behalf of the City, with such changes as may be approved by the Mayor consistent with Amendment No. 2 to the Allocation Agreement presented and the terms of this Resolution. SECTION THREE.- (a) Gary Fletcher, Mayor of the City of Jacksonville, Arkansas is authorized to execute such writings and take such action as may be appropriate to carry out the terms of this Resolution. (b) Action heretofore taken by Mayor Fletcher and consistent with the purposes of the Resolution, including execution of Amendments No. 1 and No. 2 to the Allocation Agreement, is hereby ratified. SECTION FOUR; It has been found that Amendments No. 1 and No. 2 to the Allocation Agreement are plainly in the interest of the City and that their execution is essential to the development of a future supply of water to be made available pursuant to the Allocation Agreement. Therefore, this Resolution, being necessary for the preservation of the public health and safety, shall be in effect from and after its date of adoption. SECTION FIVE; Any and all other Resolutions in conflict herewith are hereby repealed to the extent of said conflict. This Resolution shall be in effect from and after its date of passage. RESOL UTION NO, 711(#06-2014) Page Three APPROVED AND ADOPTED THIS` DA Y OF MA Y, 2014, CITY OFJACKSONVILLE, ARKANSAS