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123301 RESOLUTION NO. 12,330 2 3 A RESOLUTION TO DESIGNATE THE MID -CITY TARGETED 4 NEIGHBORHOOD ENHANCEMENT AREA AND PLAN (TNEP); 5 AND FOR OTHER PURPOSES. 6 7 WHEREAS, the citizens of the City of Little Rock wish to rehabilitate the central 8 part of Little Rock, referred to as Mid -City and bounded by Woodrow on the East, 9 University Avenue on the West, I -630 on the North, and Asher /Roosevelt on the South, 10 which is suffering from neglect, abandonment and urban blight, and 11 WHEREAS, the historical and architectural focus of this neighborhood is 12 significant to this City and should be preserved, and 13 WHEREAS, the Mid -City neighborhoods represent one of the City's older 14 mixed -use neighborhoods, providing housing, commercial, retail and educational 15 services for the residents; 16 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF 17 THE CITY OF LITTLE ROCK, ARKANSAS: 18 Section 1. The central part of Little Rock referred to as Mid -City and bounded by 19 Woodrow on the East, University Avenue on the West, I -630 on the North, and 20 Asher /Roosevelt on the South is hereby designated the Mid -City Targeted 21 Neighborhood Enhancement Area and Plan. 22 Section 3. Unused funds from previously designated TNEP areas will be made 23 available to the Mid -City Targeted Neighborhood Enhancement Area and Plan (TNEP) 24 area, which is currently in the approximate sum of Seventy Thousand Dollars 25 ($70,000.00). 26 27 ADOPTED: August 15, 2006 1 ATTEST: 2 3 4 Nan Wood ity Clerk 5 6 APPROVED AS TO LEGAL FORM: 7 8 9 Thomas M. Carpenter, City At rney 10 // 11 // 12 // 13 // 14 H 15 H 16 // 17 /l 18 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 27 // APPROVED: A a:K&-j Jim ailey, Mayor