POLICE TRAINING IMPROVEMENT BONDS
 

Bonds of the City of Bentonville issued in one or more series from time to time in the maximum aggregate principal amount of $1,650,000 for the purpose of financing all or a portion of the costs of equipment, apparatus and new, or improvements to existing, facilities for the police department, including particularly, without limitation, police safety training facilities, and any necessary land acquisition, parking and utilities therefor, and, in order to pay the bonds, the pledge as collateral of collections from a 1% local sales and use tax levied within the City by Ordinance No. 2003-108, adopted June 24, 2003, as it may be amended from time to time (the "Tax").  Collections of the Tax not necessary to pay bonds will be used for other lawful purposes.

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FOR the issuance of Police Training Improvement Bonds

 

AGAINST the issuance of Police Training Improvement Bonds

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