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5601 RESOLUTION NO 5,601 A RESOLUTION PERTAINING TO COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAMS FOR THE FIRST AND SECOND YEARS; AND FOR OTHER PURPOSES WHEREAS , by Resolutions of the Board of Directors numbering 5427 adopted October 7, 1975 and 5520 adopted April 6 , 1976, allocating funds for projects under the Little Rock Community Development Block Grant program for the first and second years respectively, such allocations being in separate dollar amounts for the various projects identified by exhibits "A" attached to said resolutions; and WHEREAS, it is not the intent of the Board of Directors to limit the cost of the various projects to the exact dollar amounts allocated by said resolutions , but rather to fund cost overruns , if any, for the said various projects from the total dollar allo- cations of the entire first and second year programs , such total amounts being $3 ,190,000 . 00 for the first year and $3 , 799 , 699 .00 for the second year. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1. It is the intent of the Board of Directors to fund the various projects in the first and second year Community Development Block Grant programs at the actual bid cost, the total of which is not to exceed the sum of $3, 190 ,000 .00 for the first year program and $3, 799, 699 . 00 for the second year program. SECTION 2 . This Resolution shall be in full force and 4 effect from and after its adoption. i ADOPTED: October 5, 1976 ATTEST: a/YLU APPROVED: s �` (;;?__City Cler Mayo