4047 RESOLUTION NO. 4,047
A RESOLUTION COMMITTING THE CITY OF LITTLE ROCK TO
PROVIDE FUNDS UP TO $100,000.00 FOR THE PURPOSE OF
PAYING ENGINEERING FEES AS NEEDED IN PROVIDING
FEASIBILITY STUDY FOR THE USE AND BENEFIT OF THE
TOLL AUTHORITY OF THE CITY OF LITTLE ROCK, ARKANSAS ;
AND FOR OTHER PURPOSES.
NOSY, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS :
SECTION 1. The Board of Directors of the City of Little
Rock, Arkansas hereby commits itself to provide up to the sum
of One Hundred Thousand Dollars ($100,000) as needed for the
use and benefit of the Little Rock Toll Authority to defray the
expense of providing feasibility and traffic study for the
East-West Tollway, provided, however this commitment is made
with the full understanding that the amount, if any, advanced
by the City of Little Rock, Arkansas will be repaid to the City
from Bond Funds received if such becomes feasible .
SECTION 2. This Resolution shall be in full force and
effect from and after its adoption.
ADOPTED: August 5, 1968
ATTEST• APPROVED: 40'
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City Clerk Mayor