MEMORANDUM OF AGREEMENT WATER DEVELOPMENT FUNDMemorandum of Agreement • June 28th, 2018
Contract Type FiledJune 28th, 2018The Arkansas Natural Resources Commission ("ANRC"), having approved requested financial assistance at its May 17, 2017 meeting, offers to enter into the following Memorandum of Agreement with Pulaski County, Arkansas (the "Borrower") which, upon the Borrower’s acceptance of this offer and approval thereof by the Borrower, will be binding upon the Borrower and upon ANRC. This offer is made subject to the Borrower’s acceptance of this Memorandum of Agreement ("Agreement") on or before sixty (60) days from the Offer Date. Failure to accept this offer within the sixty (60) day period may result in withdrawal of this offer or increase in the interest rate charged. Failure to execute this Memorandum of Agreement and completion of the project can result in the imposition of fee payable by the Borrower as stated in