A special meeting of the Hot Springs Board of Directors has been called for Tuesday at 4 p.m. in the Board Chambers at City Hall, 133 Convention Boulevard, to consider the following agenda items. The latter two items relate to the issuance of tax bonds for financing improvements for the expansion of Mid-America Science Museum that was approved by area voters in September.
Resolution No. R-18-143 - Authorizing The Mayor To Submit A Letter Of Support For Southern Airways To The Essential Air Service (EAS) Program Authorized By The Department Of Transportation.
A Public Hearing On The Question Of The Issuance By The City Of Hot Springs Of Hotel And Restaurant Gross Receipts Tax Bonds In One Or More Series In The Maximum Aggregate Principal Amount Of $2,000,000.
Consider Ordinance No. O-18-37 - Authorizing The Issuance Of Hotel And Restaurant Gross Receipts Tax Bonds; Pledging Collections Of A 3% Hotel And Restaurant Gross Receipts Tax To Pay The Principal Of And Interest On The Bonds; Prescribing Other Matters Relating Thereto; And Declaring An Emergency.