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COUNCIL PROCEEDINGS OF THE CITY OF SHREVEPORT, LOUISIANA

APRIL 25, 2000

Invocation was given by Reverend Dansby.

On roll call, the following members were present: Councilmen Huckaby, Stewart (arrived at 3:30 p.m.), Carmody, Serio, Spigener, Shyne and Burrell. 7. Absent: None.

Bid Opening: $10,210,000, Water and Sewer Revenue Bonds, Series 2000 A. Mr. Grant Schlueter, Foley & Judell, Bond Counsel: You did advertise for competitive bids to be received today at today's Council meeting for $10,210,000 of Water and Sewer Revenue Bonds. Official Statements was distributed nation wide to prospective purchasers. You did obtain bond insurance on the issue from FDIC, one of the national bond insurance raters on bonds or insurers of bonds, so accordingly, this issue is AAA. The preview quote that you received was the lowest that the City has received according to our records, so that was very good development.

We have three bids that have been submitted. I understand from the Clerk's Office that no additional bids have been submitted. Mr. Thompson: That is correct. Mr. Schlueter; As you recall, in competitive sales, after we read the bids, we will ask to retire and check the bids for accuracy and compliance with the bidding specifications and report back to you for action at this Council meeting.

The time having arrived for the sale of $10,210,000 of Water and Sewer Revenue Bonds, 2000 Series A (the "Bonds") of the City of Shreveport, State of Louisiana (the "Issuer") scheduled for three o'clock (3:00) p.m., the Chairman called for sealed bids for the purchase of the Bonds. After calling for sealed bids for the purchase of the Bonds, it was announced that three (3) bids had been received for the purchase of the Bonds.

Mr. C. Grant Schlueter of Foley & Judell, L.L.P., Bond Counsel to advise the Council as to what action was necessary in order to proceed with the reception of bids and sale of the Bonds. Mr. Schlueter then reported to the Council that the first order of business was to open the bids received and to formally approve the official Notice of Bond Sale and the Official Statement that was prepared and distributed to prospective purchasers in connection with the sale of the Bonds. The Official Statement had been prepared under the supervision of the Director of Finance and the Council staff, and with the assistance of the Assessor's office and other local public officials, and all members of the Council had been furnished a copy of the same for their review and approval. The Notice of Bond Sale which had been issued on March 28, 2000, calling for sealed bids for the purchase of the Bonds had been published in the "Daily Journal of Commerce", New Orleans, Louisiana, in "The Times", Shreveport, Louisiana, and in the "Bond Buyer", New York, New York, in their issue of April 7, 2000.

Mr. Schlueter then confirmed that the Bonds had been assigned ratings of "Aaa" by Moody's Investors Service and "AAA" by Standard & Poor's Corporation.

The Chairman then announced that it was time to open the sealed bids received for the purchase of the captioned Bonds, said Bonds having been advertised for sale by virtue of Resolution No. 57 of 2000 adopted on March 28, 2000.

The sealed bids received on April 25, 2000, for the purchase of the Bonds were thereupon opened and read in public session of the Governing Authority by Mr. C. Grant Schlueter, of Foley & Judell, Bond Counsel to the Issuer, the said bids being based upon the maturity schedule set out in the Official Statement and hereinafter set out in these proceed-ings, said bids being as follows, to-wit:

1. A bid for Bonds submitted by J.C. Bradford of Dallas, Texas, as follows:

Bonds Maturing Interest Rate Per Annum

2000 thru 2007 7.000%

2008 5.625%

2009 5.000%

2010 5.100%

2011 5.200%

2012 5.250%

2013 5.300%

2014 5.375%

2015 thru 2017 5.500%

2018 5.600%

2019 and 2020 5.625%

2021 and 2022 5.700%

2023 and 2024 5.750%

Premium: $-0-

Total Interest Cost: 5.663607%

2. A bid for Bonds submitted by Stephens, Inc. of Little Rock, Arkansas, bearing interest as follows:

Bonds Maturing Interest Rate Per Annum

2001 thru 2004 5.375%

2005 thru 2008 6.500%

2009 thru 2011 5.50%

2012 5.350%

2013 5.400%

2014 5.450%

2015 and 2016 5.500%

2017 and 2018 5.600%

2019 thru 2024 5.750%

Premium: $20.95

Total Interest Cost: 5.687550%

3. A bid for Bonds submitted by Morgan Keegan & Company, Inc. of New Orleans, Louisiana, bearing interest as follows:

Bonds Maturing Interest Rate Per Annum

2000 thru 2005 7.000%

2006 thru 2009 5.750%

2010 5.250%

2011 5.300%

2012 5.375%

2013 5.450%

2014 5.500%

2015 5.550%

2016 5.600%

2017 5.650%

2018 5.700%

2019 5.750%

2020 and 2021 5.800%

2022 thru 2024 5.850%

Premium: $ -0-

Total Interest Cost: 5.748716%

The Chairman directed that the bids to purchase the Bonds be referred to the City's Bond Counsel and the Director of Finance for tabulation and that the results be furnished the Council so that it could take further action with respect thereto. The Director of Finance and Bond Counsel proceeded with the tabulation and verification of the bids.

Mr. Schlueter: Unless there is some questions at this point, we'll check each of the bids with the Finance Director and report back to you shortly with further action.

Motion by Councilman Shyne, seconded by Councilman Burrell, for approval of the Summary Minutes of the Administrative Conference of April 10, 2000, and the Minutes of the Regular Meeting of April 11, 2000. Motion approved by the following vote: Councilmen Huckaby, Carmody, Serio, Spigener, Shyne and Burrell. 6. Nays: None. Absent: Councilman Stewart. 1.

Awards, Recognition of Distinguished Guests and Communications of the Mayor Which Are Required by Law. Mayor Hightower: I'd like to recognize former Councilman Claude Underwood is with us today and I had the privilege of serving with him in an interim term and also, Pastor Everett, is with us today. He is always welcome down at City Hall.

I would like to bring the Council up to date on the power outages in particular. We still have city crews out doing the clean up, the tree trimming, and so forth. Most of the roads are open now. It is my understanding there are still a few that they have not been able to deal with, but most are open as far as trees go. The bulk of the calls, however, are power related and I'm sure each and every one of you are getting those. The good news is, they are down to less than 10,000 without power now. Better news is that 21 crews ire coming in late this afternoon from east Texas and apparently everyone that has power out has been calling SWEPCO, they said they received 7500 calls since midnight last night. So, they think that they are aware of all of the outages and they just keep stressing to us that they are working as quick as they can and they have more people on the way; so, if you could relay those concerns back to your constituents, we'd appreciate that.

Councilman Shyne: I'd like to recognize the Honorable Rose Wilson-McCulloch (Mayor Hightower: I apologize.) who is a newly elected Parish Commissioners and if I can use this terminology, Rose is a local girl. We appreciate having you here with us, Rose. I believe I saw a dear friend, Ms. Josie Harris who has worked in a number of campaigns. Ms. Harris, we are glad to see you down today and she is one of the persons that live in the community that has dedicated her life to making a difference. She is one of those persons who truly believes that, I am my brother's keeper and is a Christian.

Councilman Huckaby: Correct me if I'm wrong, but I believe that one of the local stores is providing plywood for residents who need to board up their home. Councilman Serio: Home Depot. Councilman Huckaby: Home Depot is providing plywood for residents who wants to board up their home as a result of the storm. I live in the School Park Subdivision and the entire subdivision is without electricity. My telephone is being flooded with calls from persons throughout the district, particularly in Allendale and Lakeside or persons who are without power. And all I can tell them is that I am in touch with SWEPCO and SWEPCO is moving as fast as they can to provide service. Also, the City is out doing what they can to help persons who need help or probably don't have insurance. Mr. Mayor, Mr. Ferdinand's department has been quite helpful and Mr. Strong in providing assistance to those persons who have had trees to fall on their homes and don't have insurance to remove those trees. So, all I can say to the residents of District A is that we are doing all that we can to bring about things to normality. SWEPCO is working as fast and as hard as they can, and we ask you just to bear with us and we will get things back in order probably by the end of the week.

Councilman Spigener: I don't have guests in the Chambers today, but I would like for the public to know that the Southwood Band has been chosen to represent the State of Louisiana at the band festival in Washington D.C. They will be there with bands from the other states, the other 50 states, and they are leaving on Thursday for this trip. This is a real honor for our band, and its an honor for our City to have this caliber of young people representing us. Their band director is Mark Poole. I don't know him personally, but I understand he is doing a fantastic job and of course, I have a real heart for Southwood because not only did my daughter was a member of that band many years ago, but that's in the heart of my district and I do want us, as the public to wish them well and to be very proud of them that they are representing our City as the chosen band from the State of Louisiana.

Councilman Shyne: Mr. Mayor, I wish you could find it in your heart or in the budget to come up with some funds to send Councilman Spigener and Councilman Joe Shyne along with the band to Washington, D. C. Mayor Hightower: We know you play, we just want to know, what?.

Councilman Spigener: I've really been impressed by Mr. Shyne's courage to ask for such favor. I'm only trying to find about 70 tee shirts that say, Shreveport - The All American City. I know I've kind of made this request late, but Archie is working on that for me. Mr. Antee: Now, that's a change. Mayor Hightower: We have a motivator on the team.

Councilman Burrell: Since we are at this juncture, I do want to say for residents in my district, especially those that are in the area of Lakeside Acres and part of Lakeside, after spending all day yesterday out there with them trying to get many of the trees out of the street as well as trying to get power back, to let them know that I have been in contact with SWEPCO today and hopefully, they will be getting some service, hopefully, by this evening; that was the tentative commitment that was made. Because in that area, you have a lot of senior people and many of them are on breathing machines and other apparatus' and it is a very, very serious situation on yesterday because that was one of the areas that they didn't really know early on, that it was the first area hit when the tornado crossed Cross Lake. So, once they found out, the Mayor sent the crews in and yesterday evening we had pretty much a lot of the trees and stuff cleared off the medians which was very, very helpful. But that was one of the areas that was hit pretty hard and one of the first areas across Cross Lake that did get hit.

Councilman Serio: I'm so glad in my district, we didn't have a lot of damage but we did have some power outages.

Public Hearing: None.

Confirmations and/or Appointments: Motion by Councilman Carmody, seconded by Councilman Spigener to confirm the appointment of Robert McMullen to the Department of Operational Services, Environmental Affairs Division as a Regulatory Compliance Officer. Motion approved by the following vote: Ayes: Councilmen Huckaby, Stewart, Carmody, Serio, Spigener, Shyne and Burrell. 6. Nays: None. Out of Chamber: Councilman Stewart. 1.

The Council considered the CONSENT AGENDA legislation.

INTRODUCTION OF RESOLUTIONS AND ORDINANCES ON CONSENT:

Motion by Councilman Burrell, seconded by Councilman Carmody for Introduction of the Resolutions and Ordinances on the Consent Agenda not to be adopted prior to May 9, 2000. Motion approved by the following vote: Ayes: Councilmen Huckaby, Stewart, Carmody, Serio, Spigener, Shyne and Burrell. 6. Nays: None. Out of Chamber: Councilman Stewart. 1.

RESOLUTIONS:

• Resolution No. 80 of 2000: A resolution authorizing the waiver of the entire building rental fee for the Convention Center for the Louisiana Department of Environmental Quality to hold a public hearing and otherwise providing with respect thereto.



• Resolution No. 81 of 2000: A resolution ratifying the signature of the Mayor on a grant application to the U. S. Department of Justice authorizing him to execute any and all documents in connection therewith, and otherwise with respect thereto.



• Resolution No. 82 of 2000: A resolution authorizing the Mayor to donate surplus property, one response medic unit to Caddo Parish Fire District Six, and to otherwise provide with respect thereto.

INTRODUCTION OF ORDINANCES:

• Ordinance No. 59 of 2000: An ordinance closing and abandoning a portion of a "T"-shaped alleyway in the block bounded by Walnut and Laurel Streets and by Yale and Norma Avenues, and to otherwise provide with respect thereto.



• Ordinance No. 60 of 2000: An ordinance closing and abandoning certain utility servitudes in Willow Ridge at Stone Lakes, Unit 1, Subdivision, and to otherwise provide with respect thereto.

ADOPTION OF RESOLUTIONS AND ORDINANCES ON CONSENT:

Motion by Councilman Shyne, seconded by Councilman Burrell for Adoption of the Resolutions and Ordinances on the Consent Agenda. Motion approved by the following vote: Ayes: Councilmen Huckaby, Carmody, Serio, Spigener, Shyne and Burrell. 6. Nays: None. Absent: Councilman Stewart. 1.

RESOLUTIONS:

RESOLUTION NO. 72 OF 2000

A RESOLUTION RATIFYING THE SIGNATURE OF THE MAYOR ON A GRANT APPLICATION TO THE LA. COMMISSION ON LAW ENFORCEMENT AUTHORIZING HIM TO EXECUTE ANY AND ALL DOCUMENTS IN CONNECTION THEREWITH, AND OTHERWISE WITH RESPECT THERETO

WHEREAS, the Shreveport Police Department has been advised that grant funding

is available from the La. Commission on Law Enforcement for certain training equipment to be

used within the Shreveport Police Department Training Academy; and

WHEREAS, the application deadlines for this funding were such that it was not possible

to obtain City Council approval prior to the signature of the Mayor on the grant application.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shreveport,

in due, legal and regular session convened, that it hereby ratifies and authorizes the Mayor's

signature on an application to the La. Commission on Law Enforcement for $5,000.00 in funding

to be used to purchase training equipment for the Shreveport Police Department Training Academy, be hereby approved, effective upon passage.

BE IT FURTHER RESOLVED that the Mayor is authorized to execute any and all

documents necessary to receive said grant funding.

BE IT FURTHER RESOLVED that if any provision or item of this resolution or the application thereof is held invalid, such invalidity shall not affect other provisions, items or applications of this resolution which can be given effect without the invalid provisions, items or

applications and, to this end, the provisions of this resolution are hereby declared severable.

BE IT FURTHER RESOLVED that all resolutions or parts thereof in conflict herewith

are hereby repealed.

RESOLUTION NO. 73 OF 2000

A RESOLUTION AUTHORIZING THE EMPLOYMENT OF SPECIAL LEGAL COUNSEL TO REPRESENT THE CITY OF SHREVEPORT, AND OTHERWISE PROVIDING WITH RESPECT THERETO.

WHEREAS, it is the desire of the City of Shreveport to retain the services of outside legal counsel to represent the interests of the City of Shreveport in connection with public policy matters before Congress and the Executive Branch.

WHEREAS, pursuant to Section 8.03 of the City Charter, the City Attorney recommends that Patton Boggs LLP, Attorneys at Law, be retained for the purpose of said representation, for a term of five years, beginning April 2000 through March 2005.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shreveport in due, regular and legal session convened that the Mayor be and he is hereby authorized to execute, for and on behalf of the City of Shreveport, a retainer agreement with Patton Boggs, Attorneys at Law, substantially in accordance with the terms and conditions of the draft thereof which was filed for public inspection, together with the original copy of this resolution in the office of the Clerk of Council on April 11, 2000.

BE IT FURTHER RESOLVED that if any provision or item of this resolution or the application thereof is held invalid, such invalidity shall not affect other provisions, items or applications of this resolution which can be given effect without the invalid provisions, items or applications and to this end the provisions of this resolution are hereby declared severable.

BE IT FURTHER RESOLVED that all resolutions or parts thereof in conflict herewith are hereby repealed.

RESOLUTION NO. 74 OF 2000

RESOLUTION ACCEPTING DEDICATION FOR ST. CHARLES BOULEVARD, TOULOUSE DRIVE, POYDRAS STREET, GRAMERCY COURT AND DECATUR COURT IN THE ST. CHARLES PLACE, UNIT 1, SUBDIVISION, AND TO OTHERWISE PROVIDE WITH RESPECT THERETO.

BE IT RESOLVED by the City Council of the City of Shreveport, in due, legal,

and regular session convened, that the dedication for St. Charles Boulevard, Toulouse Drive, Poydras Street, Gramercy Court, and Decatur Court and being Lot 1006 of St. Charles Place, Unit 1, Subdivision as recorded in Book 3000, Pages 175 and 176, of the Conveyance Records and located in the SE/4 of Section 29 (T16N-R14W), Caddo Parish, Louisiana, and as shown on the plats attached hereto and made a part hereof, be and the same are hereby accepted as dedicated to the public for public use in the City of Shreveport.

BE IT FURTHER RESOLVED that the original plats reflecting the dedication for the five (5) streets be recorded in the official records of the District Court for Caddo Parish, Louisiana.

BE IT FURTHER RESOLVED that if any provision or item of this resolution or application thereof is held invalid, such invalidity shall not affect other provisions, items, or applications of the resolution which can be given effect without the invalid provisions, items, or applications and to this end the provisions of this resolution are hereby declared severable.

BE IT FURTHER RESOLVED that all ordinances or resolutions or parts thereof

in conflict herewith are hereby declared severable and repealed.

RESOLUTION NO. 75 OF 2000

A RESOLUTION AUTHORIZING CYNTHIA D. BROOKS, LOCATED AT 1155 KAY LN., TO CONNECT TO THE WATER & SEWER SYSTEM OF THE CITY OF SHREVEPORT AND OTHERWISE PROVIDING WITH RESPECT THERETO.

WHEREAS, Cynthia D. Brooks, has agreed to secure all permits and inspections required by the Shreveport Comprehensive Building Code. Said party having submitted a petition for annexation to the City of Shreveport, and having agreed to fully comply with the regulations of the City of Shreveport in connection with said property, all as set forth in Section 94-1, et. Seq., of the Shreveport City Code. Said request and petition are attached hereto.

BE IT RESOLVED by the City Council of the City of Shreveport in due, regular and legal session convened, that Cynthia D. Brooks, be authorized to connect the building located at 1155 Kay Ln., to the water and sewer system of the City of Shreveport.

BE IT FURTHER RESOLVED that if any provisions or items of this resolution or the application thereof are held invalid, such invalidity shall not affect other provisions, items or applications of this resolution which can be given effect without the invalid provisions, items or applications, and to this end, the provisions of this resolution are hereby declared severable.

BE IT FURTHER RESOLVED that resolutions or parts thereof in conflict herewith are hereby repealed.

ORDINANCES: None.

REGULAR AGENDA legislation:

RESOLUTIONS ON SECOND READING AND FINAL PASSAGE OR WHICH REQUIRES ONLY ONE READING:

RESOLUTION NO. 68 OF 2000

A RESOLUTION AUTHORIZING THE CITY OF SHREVEPORT TO PREPARE AND SUBMIT A PRE-APPLICATION TO THE STATEWIDE FLOOD CONTROL PROGRAM FOR ASSISTANCE FOR THE IMPLEMENTATION OF A PROJECT (YOUREE DRIVE DRAINAGE IMPROVEMENTS) FOR THE PURPOSE OF REDUCTION OF EXISTING FLOOD DAMAGES; PROVIDING FOR NECESSARY DOCUMENTATION OF SAID FLOOD DAMAGES, AND OTHERWISE PROVIDING WITH RESPECT THERETO.

WHEREAS, the City of Shreveport and Youree Drive has been adversely affected by damages from flood waters; and

WHEREAS, the City of Shreveport desires to apply for State matching funds pursuant to

Chapter 2-A of Title 38 of the Louisiana Revised Statues of 1950, as amended, to implement a

project to reduce said flood damages, and that the City of Shreveport is fully aware of its

obligations under said Statute; and

WHEREAS, the City of Shreveport is a political body duly organized and existing under

the laws of the State of Louisiana and is eligible to apply for funds under the Statute.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shreveport

in due , regular and legal sessions convened, that the City of Shreveport acknowledges that upon

approval of the pre-application a formal application will be prepared and submitted to the

Statewide Flood Control Program; that at the appropriate time and upon approval of funding

assistance and prior to commencement of work on the project the City of Shreveport agrees to

execute a Statement of Sponsorship pursuant to the Statute; that Mayor Keith Hightower, be and

he is hereby designated Authorized Representative for the City of Shreveport to effect the

preparation of the pre-application and application of a flood control project; that said Authorized

Representative is hereby authorized to execute all contracts, deeds, and other legal instruments to expend and receive the funds herein authorized; and that the signatures of the Mayor on the pre-application document is herein ratified.

BE IT FURTHER RESOLVED, that if any provisions or item of this resolution or the

application thereof is held invalid, such invalidity shall not affect other provisions, items, or

applications of this resolution which can be given effect without the invalid provisions, items, or

applications and to this end, the provisions of this resolution are hereby declared severable.

BE IT FURTHER RESOLVED, that all resolutions or parts thereof in conflict herewith

are hereby repealed.

Read by title and as read motion by Councilman Burrell, seconded by Councilman Carmody passed by the following vote: Ayes: Councilmen Huckaby, Carmody, Serio, Spigener, Shyne and Burrell. 6. Nays: None. Absent: Councilman Stewart. 1

Offered by Councilman Burrell and seconded by Councilman Spigener:

RESOLUTION NO. 70 OF 2000

SEVENTEENTH SUPPLEMENTAL RESOLUTION

A SUPPLEMENTAL RESOLUTION AMENDING AND SUPPLEMENTING RESOLUTION NO. 131 OF 1984 (THE "GENERAL BOND RESOLUTION") ADOPTED ON JUNE 12, 1984, AS AMENDED; PROVIDING FOR THE ISSUANCE OF NOT EXCEEDING $10,210,000 PRINCIPAL AMOUNT OF WATER AND SEWER REVENUE BONDS, 2000 SERIES A, OF THE CITY OF SHREVEPORT, STATE OF LOUISIANA, PURSUANT TO THE GENERAL BOND RESOLUTION; APPROVING AND CONFIRMING THE SALE OF SUCH BONDS; PRE-SCRIBING THE FORM, FIXING THE DETAILS AND PROVIDING FOR THE PAYMENT OF PRINCIPAL OF AND INTEREST ON SUCH BONDS AND THE APPLICATION OF THE PROCEEDS THEREOF FOR CONSTRUCTING AND ACQUIRING EXTENSIONS AND IMPROVEMENTS TO THE CITY'S COMBINED WATER-WORKS PLANT AND SYSTEM AND SEWER PLANT AND SYSTEM (THE "SYSTEM") OF THE CITY; MAKING APPLICATION TO THE STATE BOND COMMISSION; ACCEPTING THE BEST BID FOR PURCHASE OF THE BONDS; AUTHORIZING THE MAYOR AND THE DIRECTOR OF FINANCE TO SIGN COPIES THEREOF AS EVIDENCE OF THE APPROVAL THEREOF; AND PROVIDING FOR OTHER MATTERS IN CONNECTION THEREWITH.

WHEREAS, the City of Shreveport, State of Louisiana (the "Issuer"), owns and operates a revenue-producing public utility comprised of a combined waterworks plant and system and sewer plant and system (the "System"); and

WHEREAS, the Issuer is authorized to borrow money and issue revenue bonds, payable solely from the income and revenues to be derived by the Issuer from the operation of the System to construct and acquire extensions and improvements to the City's combined waterworks plant and system and sewer plant and system (the "System"), pursuant to the provisions of Part XIII, Chapter 4, Title 39 of the Louisiana Revised Statutes of 1950, as amended (R.S. 39:1011- 39:1024) (the "Act"), and other constitutional and statutory authority; and

WHEREAS, on March 23, 1993, the City Council of the City of Shreveport, State of Louisiana adopted a resolution declaring its intention to issue not exceeding $45,000,000 of Water and Sewer Revenue Bonds, in one or more series, in compliance with the provisions of the Act, to mature over a period of time not to exceed twenty-five (25) years from the date of their issuance and bear interest at a rate or rates not exceeding 12% per annum, and authorized the publication of a Notice of Intention in connection therewith; and

WHEREAS, on April 21, 1993, the State Bond Commission approved the Notice of Intention for said Water and Sewer Revenue Bonds, in one or more series in the principal amount of not exceeding $45,000,000; and

WHEREAS, said Notice of Intention included a general description of the Bonds and the security therefor and set forth a date and time (Tuesday, May 25, 1993, at 3:00 p.m.) when the City Council would meet in open and public session to hear any objections or receive any petitions to the proposed issuance of the Bonds without the holding of an election thereon; and

WHEREAS, on March 22, 1994, the City Council of the City of Shreveport, State of Louisiana adopted a resolution declaring its intention to issue an additional not exceeding $3,600,000 of Water and Sewer Revenue Bonds, in one or more series, in compliance with the provisions of the Act, to mature over a period of time not to exceed twenty-five (25) years from the date of their issuance and bear interest at a rate or rates not exceeding 12% per annum, and authorized the publication of a Notice of Intention in connection therewith; and

WHEREAS, on April 21, 1994 the State Bond Commission approved the Notice of Intention for said Water and Sewer Revenue Bonds, in one or more series in an additional principal amount not to exceed $3,600,000; and

WHEREAS, said Notice of Intention included a general description of the Bonds and the security therefor and set forth a date and time (Tuesday, May 24, 1994, at 3:00 p.m.) when the City Council would meet in open and public session to hear any objections or receive any petitions to the proposed issuance of the Bonds without the holding of an election thereon; and

WHEREAS, on each said date and time a public hearing was held and no one offered any objections of any kind to the issuance of the proposed Bonds or presented or had filed any petition pertaining to the issuance of the proposed Bonds; and

WHEREAS, the Issuer adopted Resolution No. 131 of 1984 (the "General Bond Resolution) on June 12, 1984, as amended and supplemented, authorizing the issuance from time to time of Water and Sewer Revenue Bonds of the Issuer on the terms and conditions set forth in the General Bond Resolution; and

WHEREAS, the General Bond Resolution provides that the details of the Bonds of each Series of Bonds issued thereunder shall be specified in a supplemental resolution adopted by the Issuer authorizing the issuance of such Series of Bonds, subject to the terms, conditions and limitations established in the General Bond Resolution; and

WHEREAS, the Issuer proposes by this Seventeenth Supplemental Resolution to authorize the issuance of not exceeding $10,210,000 principal amount of its Bonds to be the sixteenth Series of Bonds issued under the General Bond Resolution and to be designated "Water and Sewer Revenue Bonds, 2000 Series A" (the "Series 2000A Bonds"), and to specify the terms and conditions of the Series 2000A Bonds; and

WHEREAS, the Issuer has heretofore issued $40,940,000 original principal amount of Water and Sewer Revenue Bonds, 1986 Series A (the "Series 1986A Bonds") pursuant to the General Bond Resolution, the Third Supplemental Resolution and the Twelfth Supplemental Resolution; $40,153,936.80 Water and Sewer Revenue Bonds, 1992 Refunding Series B (the "Series 1992B Bonds") pursuant to the General Bond Resolution and the Eleventh Supplemental Resolution; $10,290,000 Water and Sewer Revenue Bonds, 1993 Series B (the "Series 1993B Bonds") pursuant to the General Bond Resolution and the Fourteenth Supplemental Resolution; $28,100,000 Water and Sewer Revenue Bonds, 1994 Series A (the Series 1994A Bonds") pursuant to the General Bond Resolution and the Fifteenth Supplemental Resolution; and $6,060,000 Water and Sewer Revenue Bonds, 1997 Refunding Series A (the "Series 1997 Bonds") pursuant to the General Bond Resolution and the Sixteenth Supplemental Resolution; and

WHEREAS, Financial Guaranty Insurance Company, a New York stock corporation (the "Bond Insurer") is issuing a policy of municipal bond insurance which insures the payment of principal of and interest on the Series 2000A Bonds (the "Bond Insurance Policy"); and

WHEREAS, Bonds may be issued pursuant to the General Bond Resolution which shall constitute Prior Lien Bonds provided certain conditions are met as provided in the General Bond Resolution; and

WHEREAS, said terms and conditions shall be satisfied prior to the issuance of the Series 2000A Bonds and, accordingly, the Series 2000A Bonds shall constitute Prior Lien Bonds; and

WHEREAS, pursuant to the provisions of a Notice of Bond Sale dated March 28, 2000, published in the manner required by law, and pursuant to the provisions of Resolution No. 57 of 2000 adopted by the Council of the City of Shreveport, State of Louisiana (the "Issuer") on March 28, 2000, sealed bids were solicited for the purchase of the Series 2000A Bonds, on April 25, 2000; and

WHEREAS, three (3) bids were received for the purchase of the Series 2000A Bonds; and

WHEREAS, this Council has found and deter-mined and does hereby find and determine that the bid submitted by J.C. Bradford, of Dallas, Texas, (the "Purchaser"), is the best bid received for the Series 2000A Bonds, and such bid complies with all terms and conditions prescribed by the Notice of Bond Sale and Official Statement; and

WHEREAS, this Council desires to accept said bid and to take such action as may be necessary to accomplish the delivery of the Bonds to the Purchaser; and

NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Shreveport, Louisiana, acting as the governing authority of said City, that:

ARTICLE I

Definitions; Findings and Interpretation

Section 1.1. Definitions. Unless the context shall clearly indicate some other meaning, all words and terms used in this Seventeenth Supplemental Resolution which are defined in Resolution No. 131 of 1984 adopted by this Council on June 12, 1984, entitled: "A resolution authorizing the issuance from time to time of Water and Sewer Revenue Bonds of the City of Shreveport, State of Louisiana, prescribing the form, fixing the details and providing for the payment of principal of and interest on such bonds and for the rights of the holders thereof", as amended and supplemented by Resolution No. 152 of 1984 (the "First Supplemental Resolution") adopted on July 24, 1984, Resolution No. 160 of 1985 (the "Second Supplemental Resolution") adopted on July 9, 1985, Resolution No. 170 of 1986 (the "Third Supplemental Resolution") adopted on August 26, 1986, Resolution No. 180 of 1986 (the "Fourth Supplemental Resolution") adopted on September 9, 1986, Resolution No. 252 of 1986 (the "Fifth Supplemental Resolution") adopted on December 9, 1986, Resolution No. 147 of 1989 (the "Sixth Supplemental Resolution") adopted on August 22, 1989, Resolution No. 118 of 1990 (the "Seventh Supplemental Resolution") adopted on July 24, 1990, Resolution No. 193 of 1990 (the "Eighth Supplemental Resolution") adopted on November 27, 1990, Resolution No. 78 of 1991 (the "Ninth Supplemental Resolution") adopted on May 28, 1991, Resolution No. 1 of 1992 (the "Tenth Supplemental Resolution") adopted on January 14, 1992, Resolution No. 6 of 1992 (the "Eleventh Supplemental Resolution") adopted on March 24, 1992, Resolution No. 43 of 1993 (the "Twelfth Supplemental Resolution") adopted on May 25, 1993, Resolution No. 44 of 1993 (the "Thirteenth Supplemental Resolution") adopted on May 25, 1993, Resolution No. 153 of 1993 (the "Fourteenth Supplemental Resolution") adopted on September 28, 1993, Resolution No. 58 of 1994 (the "Fifteenth Supplemental Resolution") adopted on April 26, 1994, and Resolution No. 44 of 1997 (the "Sixteenth Supplemental Resolution") adopted on May 22, 1997, shall, for all purposes of this Seventeenth Supplemental Resolution, have the respective meanings given to them in the General Bond Resolution, as amended. In addition, unless the context shall clearly indicate some other meaning, the following terms shall, for all purposes of the General Bond Resolution, First Supplemental Resolution, Second Supplemental Resolution, Third Supplemental Resolution, Fourth Supplemental Resolution, Fifth Supplemental Resolution, Sixth Supplemental Resolution, Seventh Supplemental Resolution, Eighth Supplemental Resolution, Ninth Supplemental Resolution, Tenth Supplemental Resolution, Eleventh Supplemental Resolution, Twelfth Supplemental Resolution, Thirteenth Supplemental Resolution, Fourteenth Supplemental Resolution, Fifteenth Supplemental Resolution, Sixteenth Supplemental Resolution, and of this Seventeenth Supplemental Resolution or of any resolution or other instrument amendatory thereof or supplemental thereto have the following meanings:

"Bond Insurer" shall mean Financial Guaranty Insurance Company, a New York stock insurance company, or any successor thereto.

"Bond Insurance Policy" shall mean the municipal bond new issue insurance policy issued by the Bond Insurer and guaranteeing payment of principal of and interest on the Series 2000A Bonds.

"Purchaser" shall mean J.C. Bradford, of Dallas, Texas.

"Regular Record Date" shall mean with respect to the Series 2000A Bonds, the fifteenth day of the calendar month next preceding each Interest Payment Date.

"Series 2000A Bonds" shall mean the not exceeding $10,210,000 principal amount of Water and Sewer Revenue Bonds, 2000 Series A, issued pursuant to the General Bond Resolution as amended and supplement-ed to the date hereof.

Unless or except as the context shall clearly indicate otherwise or may otherwise require in this Seventeenth Supplemental Resolution: (i) all references to a particular section, paragraph or subdivision of the General Bond Resolution or this Seventeenth Supplemental Resolution, as the case may be, are to the corresponding section, paragraph or subdivision of the General Bond Resolution only, or this Seventeenth Supplemental Resolution only, as the case may be; (ii) the terms "herein", "hereunder", "hereby", "hereto", "hereof", and any similar terms, refer to this Seventeenth Supplemental Resolution as a whole and not to any particular section, paragraph or subdivision thereof; (iii) the terms "therein", "thereunder", "thereby", "thereto", "thereof", and any similar terms, refer to the General Bond Resolution, and to the General Bond Resolution as a whole and not to any particular section, paragraph or subdivision thereof; and (iv) the term "heretofore" means before the time of effectiveness of this Seventeenth Supplemental Resolution, and the term "hereafter" means after the time of the effectiveness of this Seventeenth Supplemental Resolution.

Section 1.2. Findings and Determinations. The Governing Authority hereby finds and determines:

1. The Issuer is authorized under the Act to issue its revenue bonds in such amounts as may be necessary for the purpose of constructing and acquiring extensions and improve-ments to the City's combined waterworks plant and system and sewer plant and system (the "System") and is further autho-rized pursuant to the General Bond Resolution, as amended and supplemented to the date hereof, to issue the Series 2000A Bonds for such purpose by means of a Supplemental Resolution adopted pursuant to and in accordance with Sections 204 and 205 of the General Bond Resolution.

2. The Series 2000A Bonds, when issued, shall constitute Prior Lien Bonds as provided in the General Bond Resolution, as amended.

Section 1.3. Interpretation. In this Seventeenth Supplement-al Resolution, unless the context otherwise requires, (a) words importing persons include firms, associations and corporations, (b) words importing the singular include the plural and vice versa and (c) words of the masculine gender shall be deemed and considered to include correlative words of the feminine and neuter genders.

ARTICLE II

Authorization and Details of the

Series 2000A Bonds

Section 2.1. Authorization and Designation. Pursuant to the provisions of the General Bond Resolution, as amended, this Seventeenth Supplemental Resolution and the Act, there is hereby authorized the issuance of $10,210,000 principal amount of Series 2000A Bonds of the Issuer to be designated "Water and Sewer Revenue Bonds, 2000 Series A", for the purpose of constructing and acquiring extensions and improvements to the City's combined waterworks plant and system and sewer plant and system (the "System"), funding a debt service reserve fund, if necessary, and paying costs of issuing the Series 2000A Bonds. The Series 2000A Bonds shall be special obligations of the Issuer payable solely from the Revenues, shall be entitled, pursuant to and in accordance with the General Bond Resolution, as amended, to the pledge and lien created thereby and shall be otherwise entitled to the security and benefits thereof.

The Series 2000A Bonds, the Series 1986A Bonds, the Series 1992B Bonds, the Series 1993B Bonds, the Series 1994A Bonds and the Series 1997 Bonds, are payable as to both principal and interest solely from the Revenues to be derived from the operation of the System, subject to the prior payment of the reasonable and necessary expenses of operation and maintenance of the System and the Bonds do not constitute an indebtedness or pledge of the general credit of the Issuer within the meaning of any constitutional and statutory limitation of indebtedness.

Section 2.2. Principal Amount and Type. The Series 2000A Bonds shall be issued in the aggregate principal amount of $10,210,000 and shall be issuable solely as Current Interest Bonds.

Section 2.3. Denominations, Dates, Maturities and Interest. The Series 2000A Bonds are issuable as fully registered bonds without coupons in the denomination of $5,000 or any integral multiple thereof.

The Series 2000A Bonds shall mature on December 1 in the years and in the principal amounts and shall bear interest, payable on June 1 and December 1 of each year, commencing June 1, 2000 at the rates per annum, all as set forth below:

Due Principal

(December 1) Amount Rate

2000 $ 280,000 7.000%

2001 200,000 7.000%

2002 215,000 7.000%

2003 225,000 7.000%

2004 240,000 7.000%

2005 255,000 7.000%

2006 265,000 7.000%

2007 280,000 7.000%

2008 300,000 5.625%

2009 315,000 5.000%

2010 335,000 5.100%

2011 355,000 5.200%

2012 375,000 5.250%

2013 395,000 5.300%

2014 420,000 5.375%

2015 440,000 5.500%

2016 465,000 5.500%

2017 495,000 5.500%

2018 520,000 5.600%

2019 555,000 5.625%

2020 585,000 5.625%

2021 620,000 5.700%

2022 655,000 5.700%

2023 690,000 5.750%

2024 730,000 5.750%

The principal and premium, if any, on the Series 2000A Bonds are payable at the principal office of the Bank of New York Trust Company of Florida, in Jacksonville, Florida, as Paying Agent and Bond Registrar with respect to the Series 2000A Bonds upon surrender thereof. Interest on the Series 2000A Bonds is payable by check or draft mailed on each Interest Payment Date by the Paying Agent to the registered owner thereof (determined as of the Regular Record Date) at the address of such owner as it appears on the record books of the Bond Registrar.

Each Series 2000A Bond shall be dated April 1, 2000. Except as otherwise provided in this Section, the Series 2000A Bonds shall bear interest from the date thereof or from the most recent Interest Payment Date to which interest has been paid or duly provided for, as the case may be. However, when there is no existing default in the payment of interest on the Series 2000A Bonds, each Series 2000A Bond executed after the Regular Record Date for any Interest Payment Date but prior to such Interest Payment Date, shall bear interest from such Interest Payment Date provided, however, that if and to the extent that the Issuer shall default in the payment of the interest due on any Interest Payment Date, then all such Series 2000A Bonds shall bear interest from the most recent Interest Payment Date to which interest has been paid or duly provided for, unless no interest has been paid on the Series 2000A Bonds, in which case from April 1, 2000.

ARTICLE III

Redemption Features of Series 2000A Bonds

Section 3.1. Optional Redemption. The Bonds maturing on and after December 1, 2010, are subject to redemption at the option of the Issuer in whole at any time, or in part (in inverse order of maturity and by lot within a maturity), on any Interest Payment Date, on or after December 1, 2009, at the principal amount thereof and accrued interest to the date fixed for redemption, plus a premium (expressed as a percent-age of the principal to be re-deemed), as follows:

Redemption Period Redemption

(both dates inclusive) Prices

December 1, 2009 through November 30, 2010 102%

December 1, 2010 through November 30, 2011 101%

December 1, 2011 and thereafter 100%

In the event a Bond is of a denomination larger than $5,000, a portion of such Bonds ($5,000 or any multiple thereof) may be redeemed. Official notice of such call of any of the Bonds for redemption will be given by first class mail, postage prepaid, not less than ten (10) days prior to the redemption date addressed to the registered owner of each bond to be redeemed at his address as shown on the registration books maintained by the hereinafter defined Trustee.

ARTICLE IV

Application of Proceeds of Series 2000A Bonds

Section 4.1. Obligation of the Issuer in Connection with the Issuance of the Series 2000A Bonds. This Governing Authority hereby binds and obligates itself and the Issuer to use or cause to be used the proceeds derived from the sale of the Series 2000A Bonds (exclusive of (i) accrued interest which shall be deposited into the Debt Service Fund to the credit of the Prior Lien Interest Account therein and (ii) an amount, if any, which shall be deposited into the Debt Service Reserve Fund to the credit of the Prior Lien Reserve Account therein and which shall be necessary and sufficient to bring the balance in said Account to the Debt Service Reserve Fund Require-ment (Prior Lien Bonds)), to construct and acquire extensions and improvements to the System and to pay costs of issuance associated with the Series 2000A Bonds.

ARTICLE V

Execution and Form of Series 2000A Bonds

Section 5.1. Execution and Form of Series 2000A Bonds. The Series 2000A Bonds issuable hereunder shall be, respectively, substantially in the forms set forth in Exhibit A hereto, with such necessary or appropriate variations, omissions and insertions as are required or permitted by law or by the General Bond Resolution, as amended and supplemented by this Seventeenth Supplemental Resolution. The Series 2000A Bonds shall be lettered "R" and shall be numbered separately from 1 upward.

ARTICLE VI

Acceptance of the Bid for the Series 2000A Bonds

Section 6.1. Acceptance of the Bid for the Series 2000A Bonds. The bid of the Purchaser for the purchase of the Series 2000A Bonds, a copy of which is annexed hereto as Exhibit B, is hereby accepted and the Series 2000A Bonds are hereby awarded in compli-ance with the terms of the bid.

Section 6.2. Good Faith Check. The good faith check in the amount of $102,100 accompanying said bid is hereby accepted in accor-dance with and subject to the Notice of Bond Sale.

Section 6.3. Delivery of the Series 2000A Bonds. When the Series 2000A Bonds have been properly prepared, the Mayor, Clerk of Council and/or Director of Finance are hereby authorized to deliver the Series 2000A Bonds to the Purchaser upon the payment of $10,210,000 and accrued interest to the date of delivery.

Section 6.4. Due Diligence. This Council hereby finds that due diligence has been exercised in preparing the Series 2000A Bonds for sale and in preparing the Official Statement pertaining to the Series 2000A Bonds, and in view of that fact, the Director of Finance is hereby authorized and directed to execute and deliver to the successful bidder, as set forth herein, at the time of closing, a certificate which shall be substantially in the form of the certificate annexed hereto as Exhibit C.

ARTICLE VII

Disposition of Certain Funds and Accounts;

Funding of Debt Service Reserve Fund

Section 7.1. Funding Debt Service Reserve Fund. Upon delivery of the Series 2000A Bonds, the Issuer shall cause to be on deposit in the Prior Lien Reserve Account the aggregate Debt Service Reserve Fund Requirement (Prior Lien Bonds) with respect to the outstanding Prior Lien Bonds of the Issuer, including the Series 2000A Bonds.

ARTICLE VIII

Notice of Events of Default

Section 8.1. Notice to Bond Insurer. The Trustee hereby agrees to give immediate notice to the Bond Insurer of the occurrence of any Event of Default under the General Bond Resolu-tion, as amended and supplemented to the date hereof, including, without limitation, this Seventeenth Supplemental Resolution.

ARTICLE IX

Municipal Bond Insurance

Section 9.1. Municipal Bond Insurance. The Bond Insurer has committed to issue the Bond Insurance Policy with respect to the payments due for principal of and interest on the Series 2000A Bonds to the Paying Agent. Upon issuance, the Bond Insurance Policy will be on file and available for inspection at the principal office of the Paying Agent. The summary of the form of policy relating to the Bond Insurance Policy is hereby authorized to appear on the Series 2000A Bonds, substantially in the form set forth in Exhibit A hereto.

Section 9.2. Payments to Owners under the Bond Insurance Policy; Subrogation of Bond Insurer. For so long as the Bond Insurance Policy shall be in full force and effect, the Issuer, the Paying Agent and the Trustee agree to comply with the following provisions:

(i) If, on the third day preceding any interest payment date for the Series 2000A Bonds there is not on deposit with the Paying Agent sufficient moneys available to pay all principal of and interest on the Series 2000A Bonds due on such date, the Paying Agent shall immediately notify the Bond Insurer and State Street Bank & Trust Company, N.A., or its successor as its Fiscal Agent (the "Fiscal Agent") of the amount of such deficiency. If, by said interest payment date, the Issuer has not provided the amount of such deficiency, the Paying Agent shall simultaneously make available to the Bond Insurer and to the Fiscal Agent the registration books for the Series 2000A Bonds maintained by the Paying Agent. In addition:

A. The Paying Agent shall provide the Bond Insurer with a list of the Bondhold-ers entitled to receive principal or interest payments from the Bond Insur-er under the terms of the Bond Insurance Policy and shall make arrangements for the Bond Insurer and its Fiscal Agent (1) to mail checks or drafts to Bondholders entitled to receive full or partial interest payments from the Bond Insurer and (2) to pay principal of the Series 2000A Bonds surrendered to the Fiscal Agent by the Bondholders entitled to receive full or partial principal payments from the Bond Insurer; and

B. The Paying Agent shall, at the time it makes the registration books available to the Bond Insurer pursuant to paragraph A above, notify Bondholders entitled to receive the payment of principal of or interest on the Series 2000A Bonds from the Bond Insurer (1) as to the fact of such entitlement, (2) that the Bond Insurer will remit to them all or part of the interest payments coming due subject to the terms of the Bond Insurance Policy, (3) that, except as provided in paragraph (ii) below, in the event that any Bondholder is entitled to receive full payment of principal from the Bond Insurer, such Bondholder must tender his Series 2000A Bond with the instrument of transfer in the form provid-ed on the Series 2000A Bond executed in the name of the Bond Insurer, and (4) that, except as provided in paragraph (ii) below, in the event that such Bondholder is entitled to receive partial payment of principal from the Bond Insurer, such Bondhold-er must tender his Series 2000A Bond for payment first to the Paying Agent, which shall note on such Series 2000A Bond the portion of principal paid by the Paying Agent, and then, with an acceptable form of assignment executed in the name of the Bond Insurer, to the Fiscal Agent, which will then pay the unpaid portion of principal to the Bondholder subject to the terms of the Bond Insurance Policy.

(ii) In the event that the Paying Agent has notice that any payment of principal of or interest on a Series 2000A Bond has been recovered from a Bondholder pursuant to the United States Bankruptcy Code by a trustee in bankruptcy in accor-dance with the final, nonappealable order of a court having competent jurisdiction, the Paying Agent shall, at the time it provides notice to the Bond Insurer, notify all Bondholders that in the event that any Bondholder's payment is so recov-ered, such Bondholder will be entitled to payment from the Bond Insurer to the extent of such recovery, and the Paying Agent shall furnish to the Bond Insurer its records evidencing the payments of principal of and interest on the Series 2000A Bonds which have been made by the Paying Agent and subsequent-ly recovered from Bondholders, and the dates on which such payments were made.

(iii) The Bond Insurer shall, to the extent it makes payment of principal of or interest on the Series 2000A Bonds, become subrogated to the rights of the recipients of such payments in accordance with the terms of the Bond Insurance Policy and, to evidence such subrogation, (1) in the case of subrogation as to claims for past due interest, the Paying Agent shall note the Bond Insurer's rights as subrogee on the registration books maintained by the Paying Agent upon receipt from the Bond Insurer of proof of the payment of interest thereon to the Bondholders of such Series 2000A Bonds and (2) in the case of subrogation as to claims for past due princi-pal, the Paying Agent shall note the Bond Insurer's rights as subrogee on the registration books for the Series 2000A Bonds maintained by the Paying Agent upon receipt of proof of the payment of principal thereof to the Bondholders of such Series 2000A Bonds. Notwithstanding anything in this Seventeenth Supplemental Resolution or the Series 2000A Bonds to the contrary, the Paying Agent shall make payment of such past due interest and past due principal directly to the Bond Insurer to the extent that the Bond Insurer is a subrogee with respect thereto.

Section 9.3. Amendments to the General Bond Resolution. Any amendments or supplements to the General Bond Resolution, and any amendments and supplements thereto, shall not be entered into without the prior written consent of the Bond Insurer, which consent shall not be unreasonably withheld. In addition, all proposed amendments or supplements must be delivered to the rating agencies then rating the Series 2000A Bonds at least 15 days prior to the adoption thereof.

Section 9.4. Payments by the Bond Insurer. Payments by the Bond Insurer under the Bond Insurance Policy with respect to the payments due for principal of and interest on the Series 2000A Bonds shall not constitute a defeasance of any Series 2000A Bonds paid thereunder and such amounts shall remain due and owing until paid by the Issuer in accordance with the General Bond Resolution.

Section 9.5. Bond Insurer Treated as Bondholder. For all purposes of Article X of the General Bond Resolution governing events of default and remedies, except the giving of notice of default to Bondholders, the Bond Insurer shall be deemed to be the sole holder of the Bonds it has insured for so long as it has not failed to comply with its payment obligations under the Bond Insurance Policy. The Bond Insurer shall be entitled to (i) notify the Paying Agent of the occurrence of an event of default and (ii) request the Paying Agent to intervene in judicial proceedings that affect the Bonds or the security therefor. The Trustee shall be required to accept notice of default from the Bond Insurer.

ARTICLE X

Miscellaneous

Section 10.1. Publication of Resolution. A copy of this Seventeenth Supplemental Resolution shall be published in the official journal of the City of Shreveport. For a period of thirty (30) days from the date of such publication any person in interest shall have the right to contest the legality of this Seventeenth Supplemental Resolution and of the Series 2000A Bonds to be issued pursuant thereto and the provisions securing the Series 2000A Bonds. After the expiration of said thirty (30) days, no one shall have any right of action to contest the validity of the Series 2000A Bonds or the provisions of this Seventeenth Supplemental Resolution, and the Series 2000A Bonds shall be conclusively presumed to be legal and no court shall thereafter have authority to inquire into such matters.

Section 10.2. Supplemental Resolution to Constitute Contract. In consideration of the purchase and the acceptance of the Series 2000A Bonds by those who shall hold the same from time to time, the provisions of this Seventeenth Supplemental Resolution shall be a part of the contract of the Issuer with the holders of the Series 2000A Bonds and shall be deemed to be and shall constitute a contract among the Issuer, the Bond Insurer, the Trustee and the holders from time to time of the Series 2000A Bonds. The provisions, covenants and agreements herein set forth to be performed by and on behalf of the Issuer shall be for the benefit, protection and security of the holders of any and all of the Series 2000A Bonds and the Bond Insurer.

Section 10.3. Filing of Resolution. That a certified copy of this Seventeenth Supplemental Resolution shall be filed and recorded as soon as possible in the Mortgage Records of the Parishes of Caddo and Bossier, Louisiana.

Section 10.4. Employment of Bond Counsel and Co-Bond Counsel. This City Council finds and determines that a real necessity exists for the employment of special Bond Counsel and special Co-Bond Counsel in connection with the issuance of the Bonds, and accordingly Foley & Judell, L.L.P. is hereby employed as Bond Counsel and McGhee, Auzenne & Associates is hereby employed as Co-Bond Counsel to the Issuer, and requested to do and perform comprehensive legal and coordinate professional work as Bond Counsel and Co-Bond Counsel with respect to the issuance and sale of the Bonds. Said Bond Counsel and Co-Bond Counsel shall prepare and submit to this City Council for adoption all of the proceedings incidental to the authorization, issuance, sale and delivery of such Bonds, shall counsel and advise this City Council as to the issuance and sale thereof and shall furnish their opinions covering the legality of the issuance of the Bonds. The fee of said Bond Counsel and Co-Bond Counsel in connection with the issuance of the Bonds of the Issuer is hereby fixed at a sum not exceeding eighty percent (80%) of the maximum fee allowed by the Attorney General's fee schedule for comprehen-sive, legal and coordinate professional work in connection with the issuance of revenue bonds, and based on the amount of said Bonds -actually issued, sold, delivered and paid for, plus "out-of-pocket" expenses, said fees to be contingent upon the issuance, sale and delivery of said Bonds. A certified copy of this resolution shall be submitted to the Attorney General of the State of Louisiana for his written approval of said employment and of the fees herein designated, and the Director of Finance is hereby empowered and directed to issue vouchers to said Bond Counsel and Co-Bond Counsel in payment for the work herein provided for upon completion of the work herein specified and under the conditions herein enumerated.

Section 10.5. Paying Agent. The Issuer hereby appoints The Bank of New York Trust Company of Florida in Jacksonville, Florida, as Paying Agent, subject to the conditions set forth in Section 910 of the General Bond Resolution. The Paying Agent shall designate its Principal Office to the Trustee, the Purchaser and the Issuer and signify its acceptance of the duties and obligations imposed upon it by this Seventeenth Supplemental Resolution by executing and delivering a written instrument of acceptance to the Trustee, the Purchaser and the Issuer. The Paying Agent shall be a commercial bank or trust company having a capitalization of at least $15,000,000 and authorized by law to perform all duties imposed upon it by this Seventeenth Supplemental Resolution.

Section 10.6. Tax Covenant. The Issuer covenants and agrees that it will not permit at any time or times any of the proceeds of the Series 2000A Bonds or any other funds of the Issuer (including proceeds of any obligations of the Issuer) (i) to be used directly or indirectly in any manner which would adversely affect the exclusion of interest on the Series 2000A Bonds or any Prior Lien Bonds heretofore issued from gross income of the owner for federal income tax purposes or (ii) to be used directly or indirectly to acquire any securities or obligations the acquisition of which would cause the Series 2000A Bonds or any other Prior Lien Bonds heretofore issued to become "arbitrage bonds" within the meaning of Section 148 of the Internal Revenue Code of 1986, as amended (the "Code"). The Mayor, Director of Finance and/or Clerk of Council are hereby authorized to execute such documents and take any and all such actions as may be required by this Section.

Section 10.7. Furnishing Information. The Issuer shall furnish, as soon as practicable, the following information to the Bond Insurer at 115 Broadway, New York, New York 10006, Attention: Managing Counsel.

(i) A budget for each year and annual audited financial statements, (preferably within 120 days after the end of the Issuer's fiscal year, a statement of the amount on deposit in the Prior Lien Reserve Account as of the last valuation date and if not presented in the audited financial statements, a statement of the Revenues pledged to the payment of the Series 2000A Bonds and all other Prior Lien Bonds in each such Fiscal Year);

(ii) Within 30 days after the sale thereof, any official statement (if any), prepared in connection with the issuance of additional debt of the Issuer;

(iii) Notice of any draw upon or deficiency due to market fluctuation in the Prior Lien Reserve Account;

(iv) Notice of the redemption, other than mandatory sinking fund redemption of any of the Prior Lien Bonds issued under the General Bond Resolution, including the princi-pal amount, maturities and CUSIP numbers thereof;

(v) Concurrently with the provision of the annual audit and budget,

a. the number of System users as of the end of the fiscal year,

b. notification of the withdrawal of any major System users (defined as a user comprising 4% or more of system sales measured in terms of revenue dollars) since the last reporting date, and

c. since the last reporting date any significant plant retirements or expansions planned or undertaken;

and

(vi) Such additional information as the Bond Insurer may reasonably request from time to time.

Section 10.8. Book-Entry Registration of Series 2000A Bonds. The Series 2000A Bonds shall be initially issued in the name of Cede & Co., as nominee for the Depository Trust Company ("DTC"), as registered owner of the Bonds, and held in the custody of DTC. The Director of Finance of the Issuer or any other officer of the Issuer is authorized to execute and deliver a Letter of Representation to DTC on behalf of the Issuer with respect to the issuance of the Bonds in "book-entry only" format. The Paying Agent is hereby directed to execute said Letter of Representation. The terms and provisions of said Letter of Representation shall govern in the event of any inconsistency between the provisions of this Seventeenth Supplemental Resolution or the General Bond Resolution, as amended to the date hereof, and said Letter of Representation. A single certificate will be issued and delivered to DTC or its designee for each maturity of the Series 2000 A Bonds. The Beneficial Owners will not receive physical delivery of Bond certificates except as provided herein. Beneficial Owners are expected to receive a written confirmation of their purchase providing details of each Bond provided herein, all transfers of beneficial ownership interest will be made by book-entry only, and no investor or other party purchasing, selling or otherwise transferring beneficial ownership of the Series 2000A Bonds is to receive, hold or delivery any Bond certificate.

Notwithstanding anything to the contrary herein, while the Series 2000 A Bonds are issued in book-entry-only form, the payment of principal of, premium, if any, and interest on the Series 2000 A Bonds may be payable by the Paying Agent by wire transfer to DTC in accordance with the Letter of Representation.

For every transfer and exchange of the Series 2000 A Bonds, the Beneficial Owner may be charged a sum sufficient to cover such Beneficial Owner's allocable share of any tax, fee or other governmental charge that may be imposed in relation thereto.

Bond certificates are required to be delivered to and registered in the name of the Beneficial Owner under the following circumstances:

(a) DTC determines to discontinue providing its service with respect to the Series 2000 A Bonds. Such a determination may be made at any time by giving 30 days' notice to the Issuer and the Paying Agent and discharging its responsibilities with respect thereto under applicable law.

(b) The Issuer determines that continuation of the system of book-entry transfer through DTC (or a successor securities depository) is not in the best interests of the Issuer and/or the Beneficial Owners.

The Issuer and the Paying Agent will recognize DTC or its nominee as the Bondholder for all purposes, including notices and voting.

Neither the Issuer or the Paying Agent are responsible for the performance by DTC of any of its obligations, including, without limitation, the payment of moneys received by DTC, the forwarding of notices received by DTC or the giving of any consent or proxy in lieu of consent.

Whenever during the term of the Series 2000 A Bonds the beneficial ownership thereof is determined by a book entry at DTC, the requirements of this Seventeenth Supplemental Resolution of holding, delivering or transferring the Series 2000 A Bonds shall be deemed modified to require the appropriate person to meet the requirements of DTC as to registering or transferring the book entry to produce the same effect.

If at any time DTC ceases to hold the Series 2000 A Bonds, all references herein to DTC shall be of no further force or effect.

Section 10.9. Fiscal Agent Notice Address. The notice address for the Fiscal Agent is as follows:

State Street Bank and Trust Company, N.A.

61 Broadway

New York, New York 10006

Attention: Corporate Trust Department

Section 10.10. Continuing Disclosure. The Director of Finance of the Issuer is hereby empowered and directed to execute an appropriate Continuing Disclosure Certificate (substantially in the form set forth in Appendix I of the Official Statement issued in connection with the sale and issuance of the Bonds) pursuant to S.E.C. Rule 15c2-12(b)(5).

EXHIBIT A TO THE

SEVENTEENTH SUPPLEMENTAL RESOLUTION

(FORM OF FACE OF BOND)

No. R-__ Principal Amount:

Maturity Date:

Interest Rate: _______%

Bond Date:April 1, 2000

United States of America

State of Louisiana

Parish of Caddo

WATER AND SEWER REVENUE BOND

2000 SERIES A

CITY OF SHREVE-PORT, STATE OF LOUISIANA

The City of Shreveport, State of Louisiana (the "Issuer"), promises to pay, but only from the source and as hereinafter provided, to

__________________________________________________________

or registered assigns, on the Maturity Date set forth above or date of earlier redemption, the Principal Amount set forth above, together with interest thereon from April 1, 2000, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable on June 1 and December 1 of each year (each an "Interest Payment Date"), commencing June 1, 2000, at the Interest Rate per annum set forth above until said Principal Amount is paid. The principal of this Bond, upon maturity or prior redemption, is payable in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts at the principal office of The Bank of New York Trust Company of Florida, located in Jacksonville, Florida, or any successor thereto (the "Trustee" and "Paying Agent/Registrar"), upon presentation and surrender hereof. Interest on this Bond is payable by check or draft mailed on each Interest Payment Date by the Paying Agent/Registrar to the registered owner at the address as shown on the books of the Paying Agent/Registrar. The interest so payable on any Interest Payment Date will, subject to certain exceptions provided in the Bond Resolution (as hereinafter defined) be paid to the person in whose name this Bond (or one or more predecessor Bonds) is registered at the close of business on the Regular Record Date (which is the 15th day of the calendar month next preceding an Interest Payment Date). Any interest not punctually paid or duly provided for shall be payable as provided in the Bond Resolution.

REFERENCE IS MADE TO THE FURTHER PROVISIONS OF THIS BOND SET FORTH ON THE REVERSE HEREOF WHICH SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS THOUGH FULLY SET FORTH HEREIN.

This Bond shall not be valid or become obligatory for any purpose or be entitled to any security or benefit under the Bond Resolution until the certificate of authentication hereon shall have been signed by the Trustee.

It is certified that this Bond is authorized by and is issued in conformity with the requirements of the Constitution and statutes of the State of Louisiana. It is further certified, recited and declared that all acts, conditions and things required to exist, to happen and to be performed precedent to and in the issuance of this Bond and the issue of which it forms a part to constitute the same legal, binding and valid obligations of the Issuer have existed, have happened and have been performed in due time, form and manner as required by law, and that the indebtedness of the Issuer, including this Bond and the issue of which it forms a part, does not exceed the limitations prescribed by the Constitu-tion and statutes of the State of Louisiana.

IN WITNESS WHEREOF, the Council of the City of Shreveport, State of Louisiana, acting as the governing authority of said City, has caused this Bond to be executed in its name by the facsimile signatures of the Mayor, Clerk of Council and Director of Finance, and a facsimile of the corporate seal of said City to be imprinted hereon.

CITY OF SHREVEPORT

STATE OF LOUISIANA

(facsimile) (facsimile)

Clerk of Council Mayor

(facsimile)

Director of Finance

(SEAL)

* * * * *

(FORM OF REVERSE OF BOND)

This Bond is one of an authorized issue of Water and Sewer Revenue Bonds, 2000 Series A, of the City of Shreveport, State of Louisiana aggregating in principal the sum of $10,210,000 (the "Series 2000A Bonds"), said Series 2000A Bonds having been issued by the Issuer pursuant to Resolution No. 131 of 1984 (the "General Bond Resolu-tion") adopted by the governing authority of the Issuer on June 12, 1984, as amended and supplemented to the date hereof, including particularly Resolution No. 70 of 2000 (the "Seventeenth Supple-ment-al Resolution") adopted by the governing Authority of the Issuer on April 25, 2000 (the General Bond Resolution, as amended and supplemented, being herein called the "Bond Resolu-tion"). The Series 2000A Bonds have been issued by the Issuer under the authority of Part XIII, Chapter 4, Title 39 of the Louisiana Revised Statutes of 1950, as amended (R.S. 39:1011- 39:1024) (the "Act"), and other constitutional and statutory authority, for the purpose of constructing and acquiring extensions and improvements to the City's combined waterworks plant and system and sewer plant and system (the "System"), funding a deposit to the Debt Service Reserve Fund, if necessary, and paying certain costs of issuing the Series 2000A Bonds.

The Series 2000A Bonds are issuable as fully registered bonds in the denomination of $5,000 principal amount or any integral multiple thereof. As provided in the Bond Resolution, and subject to certain limitations set forth therein, the Series 2000A Bonds are exchangeable for an equal aggregate principal amount of bonds of the same maturity of any other authorized denomination.

Subject to the limitations and upon payment of the charges provided in the Bond Resolution, the transfer of this Bond may be registered on the registration books of the Paying Agent/Registrar upon surrender of this Bond at the principal corporate trust office of the Paying Agent/Registrar, duly endorsed by or accompanied by a written instrument of transfer in form satisfactory to the Paying Agent/Registrar, duly executed by the registered owner or his attorney duly authorized in writing, and thereupon a new Series 2000A Bond or Bonds of the same maturity and of authorized denomination or denominations, for the same aggregate principal amount, will be issued to the transferee. Prior to due presentment for transfer of this Bond, the Issuer and the Paying Agent/Registrar may deem and treat the registered owner hereof as the absolute owner hereof (whether or not this Bond shall be overdue) for the purpose of receiving payment of or on account of principal hereof and interest hereon and for all other purposes, and neither the Issuer nor the Paying Agent/Registrar shall be affected by any notice to the contrary.

Upon any such registration of transfer or exchange, the Paying Agent/Registrar may require payment of an amount sufficient to cover any tax or other governmental charge payable in connection therewith. The Paying Agent/Registrar shall not be required (a) to issue, register the transfer of or exchange any Series 2000A Bonds during a period beginning at the opening of business 15 days next preceding an Interest Payment Date or any date of selection of Series 2000A Bonds to be redeemed and ending at the close of business on the day on which the applicable notice of redemption is given or (b) to register the transfer of or exchange any Series 2000A Bonds so selected for redemption in whole or in part.

The Series 2000A Bonds maturing on and after December 1, 2010, are subject to redemption at the option of the Issuer in whole at any time, or in part (in inverse order of maturity and by lot within a maturity), on any Interest Payment Date, on or after December 1, 2009, at the principal amount thereof and accrued interest to the date fixed for redemption, plus a premium (expressed as a percent-age of the principal to be re-deemed), as follows:

Redemption Period Redemption

(both dates inclusive) Prices

December 1, 2009 through November 30, 2010 102%

December 1, 2010 through November 30, 2011 101%

December 1, 2011 and thereafter 100%

In the event a Bond is of a denomination larger than $5,000, a portion of such Bonds ($5,000 or any multiple thereof) may be redeemed. Official notice of such call of any of the Bonds for redemption will be given by first class mail, postage prepaid, not less than ten (10) days prior to the redemption date addressed to the registered owner of each bond to be redeemed at his address as shown on the registration books maintained by the hereinafter defined Trustee.

This Bond and the issue of which it forms a part, together with the other Prior Lien Bonds hereinafter defined, are payable as to both principal and interest solely from the Revenues (as defined in the Bond Resolution) to be derived from the operation of the System, subject to the prior payment of the reasonable and necessary expenses of operation and maintenance of the System, all as provided in the Bond Resolution, and this Bond does not constitute an indebtedness or pledge of the general credit of the Issuer within the meaning of any constitutional and statutory limitation of indebtedness. The governing authority of the Issuer has covenanted and agreed and does hereby covenant and agree at all times to fix and collect rates and charges for all water and sewerage services furnished by the System sufficient to provide for the payment of all reasonable and necessary expenses of operation and maintenance of the System, to provide for the payment of interest on and principal of all Series 2000A Bonds and other Prior Lien Bonds payable therefrom as and when the same shall become due and payable and for the creation of a reserve therefor. For a more complete statement of the Revenues from which and conditions under which this Bond is payable, a statement of the conditions under which additional Prior Lien Bonds may hereafter be issued pursuant to the Bond Resolution, and the general covenants and provisions pursuant to which this Bond is issued, reference is hereby made to the Bond Resolution.

This Bond and the issue of which it forms a part are issued on a parity with the outstanding bonds of the Issuer's Prior Lien Bonds, consisting of (a) $40,940,000 original principal amount of Water and Sewer Revenue Bonds, 1986 Series A, (b) $40,153,936.80 original principal amount of Water and Sewer Revenue Bonds, 1992 Refunding Series B, (c) $10,290,000 original principal amount of Water and Sewer Revenue Bonds, 1993 Series B, (d) $28,100,000 original principal amount of Water and Sewer Revenue Bonds, 1994 Series A and (e) $6,060,000 Water and Sewer Revenue Bonds, 1997 Refunding Series A.

The Bond Resolution permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Issuer and the rights of the owners of the Series 2000A Bonds as provided in the Bond Resolution.

* * * * *

(FORM OF STATEMENT OF INSURANCE)

Financial Guaranty Insurance Company ("Financial Guaranty") has issued a policy containing the following provisions with respect to the City of Shreveport, State of Louisiana Water and Sewer Revenue Bonds, 2000 Series A (the "Bonds"), such policy being on file at the principal office of the Trustee as Paying Agent (the "Paying Agent").

Financial Guaranty hereby unconditionally and irrevocably agrees to pay for disbursement to the Bondholders that portion of the principal of and interest on the Bonds which is then due for payment and which the issuer of the Bonds (the "Issuer") shall have failed to provide. Due for payment means, with respect to the principal, the stated maturity date thereof, or the date on which the same shall have been duly called for mandatory sinking fund redemption and does not refer to any earlier date on which the payment of principal of the Bonds is due by reason of call for redemption (other than mandatory sinking fund redemption), acceleration or other advancement of maturity, and with respect to interest, the stated date for payment of such interest.

Upon receipt of telephonic or telegraphic notice, subsequently confirmed in writing, or written notice by registered or certified mail, from a Bondholder or the Paying Agent to Financial Guaranty that the required payment of principal or interest has not been made by the Issuer to the Paying Agent, Financial Guaranty on the due date of such payment or within one business day after receipt of notice of such nonpayment, whichever is later, will make a deposit of funds, in an account with State Street Bank and Trust Company, N.A., or its successor, as its agent (the "Fiscal Agent"), sufficient to make the portion of such payment not paid by the Issuer. Upon presentation to the Fiscal Agent of evidence satisfactory to it of the Bondholder's right to receive such payment and any appropriate instruments of assignment required to vest all of such Bondholder's right to such payment in Financial Guaranty, the Fiscal Agent will disburse such amount to the Bondholder.

As used herein the term "Bondholder" means the person other than the Issuer or the borrower(s) of bond proceeds who at the time of nonpayment of a Bond is entitled under the terms of such Bond to payment thereof.

The policy is non-cancellable for any reason.

FINANCIAL GUARANTY INSURANCE COMPANY

* * * * *

(FORM OF TRUSTEE'S CERTIFICATE OF AUTHENTICATION)

(To be Printed on all Series 2000A Bonds)

This Bond is one of the Series 2000A Bonds referred to in the within mentioned Bond Resolution.

THE BANK OF NEW YORK TRUST COMPANY OF FLORIDA

Principal Office

Jacksonville, Florida

as Trustee

By:___________________________________________

Authorized Officer

Date of Authentication: _______________, 2000

(FORM OF ASSIGNMENT)

(To be Printed on all Series 2000A Bonds)

FOR VALUE RECEIVED, _______________________, the undersigned, hereby sells, assigns and transfers unto ___________________________________ the within Bond and all rights thereunder, and hereby irrevocably constitutes and appoints __________________________ attorney or agent to transfer the within bond on the books kept for registration thereof, with full power of substitution in the premises.

Dated: ________________ ___________________________________-___________-----_______

NOTICE: The signature to this assignment must correspond with the name as it ap-pears upon the face of the within bond in every particular, without alter-ation, enlargement or any change whatever.

(FORM OF LEGAL OPINION CERTIFICATE)

(To be Printed on all Series 2000A Bonds)

LEGAL OPINION CERTIFICATE

I, the undersigned Clerk of Council of the City of Shreveport, State of Louisiana, do hereby certify that the following is a true copy of the complete legal opinion of Foley & Judell, L.L.P., the original of which was manually executed, dated and issued as of the date of payment for and delivery of the Bonds of the issue described herein, and was delivered to __________________________, the original purchasers thereof:

(Bond Printer Shall Insert Legal Opinion)

I further certify that an executed copy of the aforesaid legal opinion is on file in my office, and that an executed copy thereof has been furnished to the Paying Agent/Registrar for this Bond.

(facsimile)

Clerk of Council

City of Shreveport, State of Louisiana

EXHIBIT B TO THE

SEVENTEENTH SUPPLEMENTAL RESOLUTION

[WINNING BID]

EXHIBIT C TO THE

SEVENTEENTH SUPPLEMENTAL RESOLUTION

OFFICIAL STATEMENT CERTIFICATE

I, the undersigned Director of Finance of the City of Shreveport, State of Louisiana, with respect to the Official Statement (the "Official Statement") issued regarding the sale of $10,210,000 of Water and Sewer Revenue Bonds, 2000 Series A (the "Series 2000A Bonds"), of the City of Shreveport, State of Louisiana (the "Issuer"), DO HEREBY CERTIFY:

THAT, at the time of payment for and delivery of the Series 2000A Bonds and at the date hereof, (i) the descriptions and statements, including financial data, of or pertaining to the Issuer on the date of the Preliminary Official Statement, on the date of the Official Statement, on the date of the sale of the Bonds and on the date of the delivery thereof, were and are true in all material respects, and, insofar as such matters are concerned, the Official Statement did not and does not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circum-stances under which they are made, not mislead-ing, (ii) insofar as the descriptions and statements, including financial data, of or pertaining to govern-mental and/or non-govern-mental entities other than the Issuer and their activi-ties, contained in the Official Statement are con-cerned, such descrip-tions, statements and data have been obtained from sources which the governing authority of the Issuer believes to be reliable and the said governing authority has no reason to believe that they are untrue or incomplete in any material respect, and (iii) there has been no adverse material change in the affairs of the Issuer between the date of the delivery of the Official Statement and the date of delivery of the Series 2000A Bonds.

CITY OF SHREVEPORT,

STATE OF LOUI-SIANA

By:

____________________________________________

Director of Finance

Dated : ________________, 2000 (Date of Delivery)

Read by title and as read motion by Councilman Burrell, seconded by Councilman Spigener passed by the following vote: Ayes: Councilmen Huckaby, Stewart, Carmody, Serio, Spigener, Shyne and Burrell. 7. Nays: None.

Offered by Councilman Shyne and seconded by Councilman Carmody:

RESOLUTION NO. 71 of 2000

A RESOLUTION ACCEPTING THE BEST BID SUBMITTED FOR THE PURCHASE OF TEN MILLION TWO HUNDRED TEN THOUSAND DOLLARS ($10,210,000) OF WATER AND SEWER REVENUE BONDS, 2000 SERIES A, OF THE CITY OF SHREVEPORT, STATE OF LOUISIANA.

WHEREAS, pursuant to the provisions of a Notice of Bond Sale dated March 28, 2000, published in the manner required by law, and pursuant to the provisions of Resolution No. 57 of 2000 adopted by the Council of the City of Shreveport, State of Louisiana (the "Issuer"), on March 28, 2000, sealed bids were solicited for the purchase of Ten Million Two Hundred Ten Thousand Dollars ($10,210,000) of Water and Sewer Revenue Bonds, of the Issuer (the "Bonds"), on April 25, 2000, and

WHEREAS, three (3) bids were received for the purchase of the Bonds; and

WHEREAS, this Council has found and deter-mined and does hereby find and determine that the bid submitted by J.C. Bradford (the "Purchaser"), is the best bid received for the Bonds, and such bid complies with all terms and conditions prescribed by the Notice of Bond Sale and Official Statement; and

WHEREAS, this Council desires to accept said bid and to take such action as may be necessary to accomplish the delivery of the Bonds to the Purchaser;

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shreveport, State of Louisiana, acting as the governing authority of said City, that:

SECTION 1. The bid of the Purchaser for the purchase of the Bonds, a copy of which is annexed hereto as Exhibit A, is hereby accepted and the Bonds are hereby awarded in compliance with the terms of the bid.

SECTION 2. The good faith deposit in the amount of $102,100 accompanying said bid is hereby accepted in accordance with and subject to said Official Notice of Bond Sale. The amount of the good faith deposit shall be deposited and credited towards the purchase price of the Bonds without regard to any interest earnings thereon.

SECTION 3. When the Bonds have been properly prepared, the Mayor, Clerk of Council and/or Director of Finance are hereby authorized to deliver the Bonds to the Purchaser upon the payment of Ten Million Two Hundred Ten Thousand Dollars ($10,210,000), plus accrued interest from the date of the Bonds to the date of delivery of the Bonds, less a credit of $102,100 for the amount of the good faith deposit described above.

SECTION 4. This Council hereby finds that due diligence has been exercised in preparing the Bonds for sale and in preparing the Official Statement pertaining to the Bonds, and in view of that fact, the Finance Director is hereby authorized and directed to execute and deliver to the successful bidder, as set forth herein, at the time of closing, a certificate which shall be substantially in the form of the certificate annexed hereto as Exhibit B.

EXHIBIT A

Winning Bid

EXHIBIT B

OFFICIAL STATEMENT CERTIFICATE

I, the undersigned Director of Finance of the City of Shreveport, State of Louisiana, with respect to the Official Statement (the "Official Statement") issued regarding the sale of Ten Million Two Hundred Ten Thousand Dollars ($10,210,000) of Water and Sewer Revenue Bonds, 2000 Series A (the "Bonds"), of the City of Shreveport, State of Louisiana (the "Issuer"), DO HEREBY CERTIFY:

THAT, at the time of payment for and delivery of the Bonds and at the date hereof, (i) the descriptions and statements, including financial data, of or pertaining to the Issuer on the date of the Preliminary Official Statement, on the date of the Official Statement, on the date of the sale of the Bonds and on the date of the delivery thereof, were and are true in all material respects, and, insofar as such matters are concerned, the Official Statement did not and does not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circum-stances under which they are made, not mislead-ing, (ii) insofar as the descriptions and statements, including financial data, of or pertaining to govern-mental and/or non-govern-mental entities other than the Issuer and their activi-ties, contained in the Official Statement are con-cerned, such descrip-tions, statements and data have been obtained from sources which the governing authority of the Issuer believes to be reliable and the said governing authority has no reason to believe that they are untrue or incomplete in any material respect, and (iii) there has been no adverse material change in the affairs of the Issuer between the date of the delivery of the Official Statement and the date of delivery of the Bonds.

CITY OF SHREVEPORT,

STATE OF LOUI-SIANA

By: _________________________________

Director of Finance

Dated : ____________, 2000 (Date of Delivery)

Mr. Thompson: And Mr. Schlueter, what is the best bid? Mr. Schlueter: That is J. C. Bradford.

Read by title and as read motion by Councilman Shyne, seconded by Councilman Carmody passed by

the following vote: Ayes: Councilmen Huckaby, Carmody, Serio, Spigener, Shyne and Burrell. 7. Nays: None.

RESOLUTION NO. 76 OF 2000

A RESOLUTION ADOPTING THE SYSTEM SURVEY AND COMPLIANCE QUESTIONNAIRE REQUIRED BY THE LEGISLATIVE AUDITORS OFFICE OF THE STATE OF LOUISIANA AND OTHERWISE TO PROVIDE WITH RESPECT THERETO.

WHEREAS, the City of Shreveport received a questionnaire from the State Legislative Auditor which is to be completed as a required part of the audit for which we have engaged certified public accountants, KPMG Peat Marwick LLP; and

WHEREAS, upon completion of the questionnaire it must be presented to and adopted by the governing body of the City of Shreveport by means of a formal resolution at an open meeting; and

WHEREAS, the completed questionnaire must then be given to the auditor engaged by the municipality who will, during the course of his regular audit, test the accuracy of the answers to the questionnaire and submit to the municipality and the Legislative Auditor a report containing his opinion as to the validity of the answers.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shreveport in due, legal and regular session convened, that the attached Systems Survey and Compliance Questionnaire for the City of Shreveport be and the same is hereby adopted.

BE IT FURTHER RESOLVED that if any provision or item of this resolution or the application thereof is held invalid, such invalidity shall not affect other provisions, items or applications of this resolution which can be given effect without the invalid provisions, items or applications and to this end the provisions of this resolution are hereby declared severable.

BE IT FURTHER RESOLVED that all ordinances or resolutions or parts thereof in conflict herewith are hereby repealed.

Read by title and as read motion by Councilman Spigener, seconded by Councilman Burrell passed by the following vote: Ayes: Councilmen Huckaby, Carmody, Serio, Spigener, Shyne and Burrell. 6. Nays: None. Absent: Councilman Stewart. 1

INTRODUCTION OF RESOLUTIONS:

• Resolution No. 77 of 2000: A resolution authorizing the Mayor to execute an intergovernmental agreement with the City of Bossier City relative to the regulation of vehicles for hire and otherwise providing with respect thereto.



• Resolution No. 78 of 2000: A resolution authorizing the waiver of permit fees for the renovation of Independence Stadium and for the construction of a new Convention Center and to otherwise provide with respect thereto.



• Resolution No. 79 of 2000: A resolution authorizing the Mayor to waive all or a portion of building, electrical, plumbing and other building permit fees for City of Shreveport Economic Development Projects and to otherwise provide with respect thereto.

INTRODUCTION OF ORDINANCES:

• Ordinance No. 61 of 2000: An ordinance amending and reenacting portions of Chapter 102 of the Code of Ordinances relative to vehicles for hire and otherwise providing with respect thereto.



• Ordinance No. 62 of 2000: An ordinance amending the 2000 budget for the Airports Enterprise Fund and otherwise providing with respect thereto.



• Ordinance No. 63 of 2000: An ordinance amending the 2000 budget for the Golf Enterprise Fund and otherwise providing with respect thereto.



• Ordinance No. 64 of 2000: An ordinance amending Chapter 106 of the Code of Ordinances, the City of Shreveport Zoning Ordinance, by rezoning property located on the south side of North Market, 800 feet NW of its intersection with Pine Hill Road, Shreveport, Caddo Parish, Louisiana, from B-2, Neighborhood Business District to R-3, Urban, Multi-Family Residence District and otherwise providing with respect thereto.



• Ordinance No. 65 of 2000: An ordinance amending Chapter 106 of the Code of Ordinances, the City of Shreveport Zoning Ordinance, by rezoning property located on the NW corner of Line and E. 65^th Street, Shreveport, Caddo Parish, Louisiana, from B-1, Buffer Business District to B-2. Neighborhood Business District and otherwise providing with respect thereto.



• Ordinance No. 66 of 2000: An ordinance amending Chapter 106 of the Code of Ordinances, the City of Shreveport Zoning Ordinance, by rezoning property located on the east side of Mansfield Road, 1,000 feet north of Baird Road, Shreveport, Caddo Parish, Louisiana, from R-1D, Urban, One-Family Residence District and B-1, Buffer Business District to B-3, Community Business District with MPC Approval, and from R-1D, Urban, One-Family Residence District to B-2, Neighborhood Business District, and to otherwise provide with respect thereto.

Read by title and as read motion by Councilman Shyne, seconded by Councilman Burrell for Introduction of the Resolutions and Ordinances to lay over until the May 9, 2000 meeting. Motion approved by the following vote: Ayes: Councilmen Huckaby, Carmody, Serio, Spigener, Shyne and Burrell. 6. Nays: None. Absent: Councilman Stewart. 1

ORDINANCES ON SECOND READING AND FINAL PASSAGE:

• Ordinance No. 48 of 2000 by Councilman Huckaby: An ordinance amending and reenacting Section 26-124(D), (3) and (4) relative to fee waivers and otherwise providing with respect thereto.

Councilman Burrell: I asked on the last meeting, I think, we talked about putting a committee to look at this issue. I wanted to see if you had got a report back? Councilman Serio: We do not have a report.

Having passed first reading on March 28, 2000 was read by title and on motion ordered passed to third reading. Read the third time in full and as read motion by Councilman Burrell, seconded by Councilman Spigener to postpone the ordinance until the May 9, 2000 meeting. Motion approved by the following vote: Councilmen Carmody, Serio, Spigener, Shyne and Burrell. 5. Nays: Councilman Huckaby. 1. Absent: Councilman Stewart. 1.

• Ordinance No. 54 of 2000: An ordinance amending Chapter 106 of the Code of Ordinances, the City of Shreveport Zoning Ordinance, by rezoning property located on the east and west sides of Pines Road at Lawton Lane, Shreveport, Caddo Parish, Louisiana, from B-1, Buffer Business District and B-2, Neighborhood Business District to R-1B, Suburban, One-Family Residence District, and to otherwise provide with respect thereto.

Councilman Burrell: Let me get this final endorsement for the last time. Charles, as you know we've had some concerns about this, but for the benefit of the public and for those who are watching concerning this issue again, I ask that we've done all that we can do in terms of trying to assure the residents that live near this area that it would be in accordance, as best we can in the City without being totally restricted of this business owner, that the properties that they are subdividing out there that it would be conform to our ordinances as it relates to zoning and the development of property; am I. . . Mr. Kirkland: That is correct. In fact as you know, Mr. Burrell, this density that has been requested is a lower density than what much of that residential area as an R-1D which your larger lots require. It also has an added provision that requires that the vehicles, that there be a turn around on each lot so that vehicles will enter the roadway or headed into it as opposed to backing into it, hopefully to further improve safety conditions. So, I think you've said it well in your remarks, all steps that we could take legally have been taken to the extent of trying to protect and promote that neighborhood.

Having passed first reading on March 28, 2000 was read by title and on motion ordered passed to third reading. Read the third time in full and as read motion by Councilman Burrell, seconded by Councilman Carmody adopted by the following vote: Ayes: Councilmen Huckaby, Stewart, Carmody, Serio, Spigener, Shyne and Burrell. 7. Nays: None.

• Ordinance No. 55 of 2000: An ordinance amending the 2000 budget for the Riverfront Special Revenue Fund and otherwise providing with respect thereto.

Having passed first reading on April 11, 2000 was read by title and on motion ordered passed to third reading. Read the third time in full and as read motion by Councilman Shyne, seconded by Councilman Burrell adopted by the following vote: Ayes: Councilmen Huckaby, Carmody, Serio, Spigener, Shyne and Burrell. 6. Nays: None. Absent: Councilman Stewart. 1

• Ordinance No. 56 of 2000: An ordinance amending Chapter 106 of the Code of Ordinances, the City of Shreveport Zoning Ordinance, by rezoning property located on the north side of Shreveport-Blanchard Hwy, ½ mile west of I-220, Shreveport, Caddo Parish, Louisiana from R-A, Residence-Agriculture District and B-2, Neighborhood Business District to I-1, Light Industry District, and to otherwise provide with respect thereto.

Councilman Huckaby: I move to overturn the ruling of the Metropolitan Planning Commission and the Zoning Board of Appeals, in essence to, defeat this project or defeat this application. Ms. Glass: This is one of those where what you have in front of you is an ordinance to rezone the property and I think the way that is normally done is, you have a motion for the adoption of the ordinance and then Mr. Huckaby would be asking for a no vote in order to not rezone the property. Councilman Huckaby: A motion to adopt? Ms. Glass: You need a motion to adopt so that the issue is on the floor and then I believe you are asking for a no vote. Councilman Huckaby: I move to adopt and asking that the Council vote no.

Having passed first reading on April 11, 2000 was read by title and on motion ordered passed to third reading. Read the third time in full and as read motion by Councilman Huckaby, seconded by Councilman Shyne denied by the following vote: Nays: Councilmen Huckaby, Stewart, Carmody, Serio, Spigener, Shyne and Burrell. 7. Ayes: None.

• Ordinance No. 57 of 2000: An ordinance declaring city-owned property as surplus property, authorizing the exchange of same with property owned by A & L Energy, Inc., and property owned by Busada Industries, Inc., and to otherwise provide with respect thereto.

Ms. Lee: That one needs to be postponed as well as the one to follow. Councilman Serio: These are not to be adopted prior to May 9 and that is for, what particular reason, ma'am Clerk? Ms. Lee: For advertising purposes. Councilman Serio: So these can not be voted on today, 57 and 58 to postpone.

Having passed first reading on April 11, 2000 was read by title and on motion ordered passed to third reading. Read the third time in full and as read motion by Councilman Burrell, seconded by Councilman Carmody to postpone the ordinance until the May 9, 2000 meeting. Motion adopted by the following vote: Ayes: Councilmen Huckaby, Stewart, Carmody, Serio, Spigener, Shyne and Burrell. 7. Nays: None.

• Ordinance No. 58 of 2000: An ordinance authorizing the Mayor to execute an agreement with a joint venture to be formed between Hollywood Casino Shreveport, a Louisiana General Partnership, Clubcorp. U. S. A., Inc. or one of its subsidiaries and Golden Bear Holding, Ltd. (the Jack Nicklaus Golf Organization) or one of its subsidiaries, for the lease of certain city-owned property for a golf course and related facilities and otherwise providing with respect thereto.

Having passed first reading on April 11, 2000 was read by title and on motion ordered passed to third reading. Read the third time in full and as read motion by Councilman Burrell, seconded by Councilman Carmody to postpone the ordinance until the May 9, 2000 meeting. Motion adopted by the following vote: Ayes: Councilmen Huckaby, Stewart, Carmody, Serio, Spigener, Shyne and Burrell. 7. Nays: None.

The adopted Ordinances follow:

ORDINANCE NO. 55 OF 2000

AN ORDINANCE AMENDING THE 2000 BUDGET FOR THE RIVERFRONT SPECIAL REVENUE FUND AND OTHERWISE PROVIDING WITH RESPECT THERETO.

WHEREAS, the City Charter provides for the amendment of any previously-adopted budget; and

WHEREAS, the City Council finds it necessary to amend the 2000 budget for the Riverfront Special Revenue Fund, to provide funding for a mural project to be administered by the Shreveport Regional Arts Council and for other purposes.

NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Shreveport, in legal session convened, that Ordinance No. 162 of 1999, as amended, the 2000 budget for the Riverfront Special Revenue Fund, be further amended and re-enacted as follows:

In Section 2 (Appropriations):

Increase Other Charges by $150,000.

Decrease Operating Reserves by $150,000.

BE IT FURTHER ORDAINED that the remainder of Ordinance 162 of 1999 shall remain in full force and effect.

BE IT FURTHER ORDAINED that if any provision or item of this ordinance or the application thereof is held invalid, such invalidity shall not affect other provisions, items or applications of this ordinance which can be given effect without the invalid provisions, items or applications; and, to this end, the provisions of this ordinance are hereby declared severable.

BE IT FURTHER ORDAINED that all ordinances or parts thereof in conflict herewith are hereby repealed.

ORDINANCE NO.54 OF 2000

AN ORDINANCE AMENDING CHAPTER 106 OF THE CODE OF ORDINANCES, THE CITY OF SHREVEPORT ZONING ORDINANCE, BY REZONING PROPERTY LOCATED ON THE EAST AND WEST SIDES OF PINES ROAD AT LAWTON LANE, SHREVEPORT, CADDO PARISH, LOUISIANA, FROM B-1, BUFFER BUSINESS DISTRICT AND B-2, NEIGHBORHOOD BUSINESS DISTRICT TO R-1B, SUBURBAN, ONE-FAMILY RESIDENCE DISTRICT, AND TO OTHERWISE PROVIDE WITH RESPECT THERETO

SECTION I: BE IT ORDAINED by the City Council of the City of Shreveport, Caddo Parish, Louisiana, in due, legal and regular session convened, that the zoning classification of property located on the east and west sides of Pines Road at Lawton Lane, Shreveport, Caddo Parish, Louisiana, legally described below, be and the same is hereby changed from B-1, Buffer Business District and B-2, Neighborhood Business District to R-1B, Suburban, One-Family Residence District:

TRACT A: From B-2 to R-1B

A tract of land located in the NE/4 of Section 11, T17N, R15W, Caddo Parish, Louisiana, said tract being more fully described as follows:

From a found brass cap government monument at the NE corner of Section 11, T17N, R15W, Caddo Parish, Louisiana, run thence S8944'0"W along the north line of Section 11 a distance of 917.20 feet, thence run S00'20"E along the west line of the east 917.20 feet of Section 11 a distance of 1046.83 feet to a set 3/4 inch diameter iron pipe, being the POB of the tract herein described.

From said POB, run thence N7247'36"E a distance of 286.67 feet to a set 3/4 inch diameter iron pipe being on the W'ly R/W line of Pines Road;

Thence run along said R/W line the following three calls:

Along a curve to the left a distance of 391.48 feet (said curve having a radius of 1195.92 feet) to a set 3/4 inch diameter iron pipe, S4530'0"E a distance of 114.70 feet to a set 3/4 inch diameter iron pipe,

Along a curve to the right a distance of 110.31 feet (said curve having a radius of 904.93 feet);

Thence run S6328'2"W a distance of 185.05 feet;

Thence run along a curve to the left a distance of 49.93 feet (said curve having a radius of 724.93 feet);

Thence run N4530'0"W a distance of 114.70 feet;

Thence run along a curve to the right a distance of 428.11 feet (said curve having a radius of 1375.92 feet);

Thence run N8952'3"W a distance of 123.28 feet;

Thence run N00'20"W a distance of 15.74 feet to the POB, said tract containing 2.6912 acres.

TRACT B: From B-1 to R-1B

A tract of land located in the NE/4 of Section 11, T17N, R15W, Caddo Parish, Louisiana, said tract being more fully described as follows:

From a found brass cap government monument at the NE corner of Section 11, T17N, R15W, Caddo Parish, Louisiana, run thence S00'20"E along the east line of Section 11 a distance of 1259.52 feet to the POB of the tract herein described.

From said POB, run thence S00'20"E along the east line of Section 11 a distance of 470.92 feet to a set 3/4 inch diameter iron pipe being on the E'ly R/W line of Pines Road.

Thence run along said R/W line along a curve to the left a distance of 495.75 feet (said curve having a radius of 1004.93 feet) to a set 3/4 inch diameter iron pipe;

Thence run N4816'0"E a distance of 69.91 feet to a found 3/8 inch iron rod;

Thence run S8956'51"E parallel to the south R/W line of Lawton Lane a distance of 194.27 feet to the POB.

SECTION II: THAT the rezoning of the property described herein is subject to compliance with the following stipulations:

• Development to be in substantial accord with preliminary subdivision plan with any significant changes requiring further review and approval by the Planning Commission.



• Note on final plat that all lots fronting on Pines Road shall have hard surfaced driveway turn-arounds to prevent vehicles from backing onto said road. Design of said turn-arounds shall also be shown on plat.

BE IT FURTHER ORDAINED that if any provision or item of this ordinance or the application thereof is held invalid, such invalidity shall not affect other provisions, items, or applications of this ordinance which can be given effect without the invalid provisions, items, or applications and to this end the provisions of this ordinance are hereby declared severable.

BE IT FURTHER ORDAINED that all ordinances or parts thereof in conflict herewith are hereby repealed.

UNFINISHED BUSINESS (legislation remained tabled):

• Ordinance No. 211 of 1998: ZONING: C-64-98, QUERBES LAND CO; N side of E 70th St. between Sand Beach Bayou and Bayou Pierre from R-A to B-2 and B-3, shopping center. (C/Carmody) (Tabled on November 10, 1998 and Postponed on November 24, 1998)



• Resolution No. 142 of 1999: To request the Attorney General to provide an opinion on the following issue: Whether the Mayor can amend a concession agreement to add new buildings without introducing a new ordinance and advertising same. (A/Huckaby) (Tabled on August 10, 1999)



• Ordinance No. 54 of 1999: Creating a Police Department Citizens' Review Board. (A/Huckaby) (Tabled on August 10, 1999)

NEW BUSINESS:

• BAC-19-00, WENDY'S INTERN'L, INC., 450 Kings Hwy., variance in hours of operation and a site plan revision in B-2 District, Wendy's Restaurant - relocating ordering board and operating to 12 Midnight Sunday-Thursday and to 1 a.m. Friday and Saturday.

Motion by Councilman Stewart, seconded by Councilman Shyne to postpone the application until the May 9, 2000 meeting.

Councilman Stewart: After nine years, this is the first time I've ever postponed something for the third time. It is merely out of precaution based on my discussions with Mr. Kirkland and members of the Metropolitan Planning Commission staff about the specifics of the recommendation. We have the recommendation in order but did not have a site plan to dictate to us the appropriate elevations. As a result, Mr. Chairman and members of the Council, I ask for your postponement. I've requested this from Mr. Strong and we will have a specific recommendation after the inspection yesterday at the next meeting; I thank you for your patience.

Motion approved by the following vote: Councilman Huckaby, Stewart, Carmody, Serio, Spigener, Shyne and Burrell. 7. Nays: None.

• BAC-27-00: PETRO MARKETING, INC., 3900 - 4000 blk. S'port-Blanchard Highway, Special Exception Use in an I-1 District; truck stop with gaming and the on-premise consumption of alcohol in the gaming room and restaurant.

Councilman Shyne: I think that is automatically killed with the voting down of [Ordinance No.] 56. Ms. Glass: I not really sure if it is automatic. It is two separate issues and two different board decisions; so, it would properly be best to go ahead and vote on it.

Councilman Huckaby: The motion should be, a motion to pass? Ms. Glass: On this one, what you have in front of you is, a decision (Mr. Kirkland correct me if I mis-state) by the Zoning Board of Appeals to approve and I'm guessing that your motion would be to overturn? Councilman Huckaby: Right.

Motion by Councilman Huckaby, seconded by Councilman Shyne to overturn the ruling of the Zoning Board of Appeals. Motion approved by the following vote: Councilman Huckaby, Stewart, Serio, Spigener, Shyne and Burrell. 6. Nays: Councilman Carmody. 1.

REPORTS FROM OFFICERS, BOARDS AND COMMITTEES. After tabulation of the bids pursuant to instructions of the Council, Mr. Schlueter reported that the best bid for the Bonds was that submitted by J.C. Bradford of Dallas, Texas. Mr. Schlueter stated that the low bid meets the requirements of the Notice of Bond Sale and Official Statement.

Thereupon, it was determined to proceed with the award of the Bonds to the low bidder and, accordingly, there was then presented to the Council for consideration and final adoption a resolution pertaining to the issuance, sale and delivery of the Bonds which had been previously introduced.

Mr. Schlueter: The tabulation sheet is being handed out to you and individual interest rate by each bidder over the course of the 25 year issue. The true interest cost is listed for each of the bidders and it corresponds to the rates as indicated by the bidders on their bid. J. C. Bradford is the low bidder at 5.66%, true interest cost is listed for each of the bidders below their names. J. C. Bradford is the low bidder at 5.66%, true interest cost. The other bids are 5.68 and 5.74 as indicated. The low bid of J. C. Bradford does meet all of the bidding specifications, all of the bidding requirements in the offer. We do recommend acceptance of the bid, the Finance Department does also. It is an excellent bid. It is below what we had anticipated and we would suggest you consider the bids and award it. You have two items on your agenda, Item 71 and 70, we would suggest that you consider Item 71 first and then 70.

Councilman Burrell: The only question I have is my normal question, is there any other consideration other than the figures here that we can consider? Mr. Schlueter: No, sir. The true interest cost is the lowest responsible bidder and if an award is made, it needs to be made to that bidder. It meets all of the bidding specifications and the only consideration is the principal and interest that the City will be paying on its bonds for water and sewer. (The Council addressed Resolution Nos. 70 and 71 of 2000.)

CLERK'S REPORT. Mr. Thompson: On the Clerk's Report, you have C-30-00; that's an error. You should have BAC-30-00, which is the Youree Drive Café. Councilman Serio: Mr. Carmody, that's in your district. Seems like that has been a restaurant as long as I can remember. Councilman Carmody: This was at one time Clancy's. This is not to be considered prior to May 9? Mr. Thompson: That's correct.

Letters of Appeal (cases not to be considered prior to May 9):

• BAC-30-00, YOUREE DRIVE CAFÉ, 4460 Youree Drive; Special Exception Use and variance in hours of operation - SPI-3 (B-2) District; restaurant with on premise consumption of alcohol operating until midnight. (C/Carmody)



• BAC-31-00, ATHENIAN JAVA DELIGHT, 6607 Line Ave., Suite A, B & C, Special Exception Use in a B-3 District, restaurant with on-premises consumption of alcohol. (C/Carmody)




COMMUNICATIONS AND MISCELLANEOUS MATTERS.





The Council resolved itself into Committee of the Whole on motion by Councilman Burrell, seconded by Councilman Carmody. Motion approved by the following vote: Councilmen Huckaby, Stewart, Carmody, Serio, Spigener, Shyne and Burrell. 7. Nays: None.

Motion by Councilman Shyne, seconded by Councilman Carmody that the Committee Rises and Report and convene itself as the Council. Motion approved by the following vote: Motion approved by the following vote: Councilmen Huckaby, Stewart, Carmody, Serio, Spigener, Shyne and Burrell. 7. Nays: None.

There being no further business to come before the Council, the meeting adjourned at 4:00 p.m.





/s/Phil Serio, Chairman

/s/Arthur G. Thompson, Clerk of Council