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8466i I RESOLUTION NO. 8,466 A RESOLUTION AUTHORIZING THE EXPENDITURE OF FUNDS FROM THE 1988 CAPITAL IMPROVEMENT BOND PROJECT FOR IMPROVEMENTS TO HISTORIC BUILDING FACADES AS APPROVED IN THE CENTRAL BUSINESS DISTRICT. WHEREAS, Ordinance No. 15,473 appropriated funds from the 1988 Capital Improvement Bond sale proceeds for projects which included: $800,000 for the purpose of matching on a dollar -for- dollar basis funds provided for the South Main Improvement District and the Facade Grant Program;. and WHEREAS, Ordinance No. 15,499 appropriated $300,000 for the South Main Improvement District Project, thereby leaving a balance of $500,000 to be used for the Facade Grant Program; and WHEREAS, Resolution No. 8146 authorized the expenditure of $500,000 for improvements to the historic building facades as approved by the Architectural Review Committee; and WHEREAS, the Architectural Review Committee for the Facade Grant Program has reviewed and approved additional applications for specific projects; and WHEREAS, the Woman's City Club is determined to be of historic and /or architectural significance to the Central Business District, and the restoration proposed on the cornice and other architectural features will enhance the structure and the surrounding area; and WHEREAS, the Ward - Haskell House is determined to be of historic and /or architectural significance to the Central Business District, and the preservation of the original brick along with the restoration of the original tin roof and door openings will enhance the structure and the surrounding area; and 119 ,t Rib �- 6 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 WHEREAS, the hn Building is determined to be of historic and /or architectural significance to the Central Business District, and the restoration of the storefronts, windows, roof, and awnings will enhance the structure and the surrounding area. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The City Manager is hereby authorized to expend funds from the 1988 Capital Improvement Bond Project, Account No. 301 -8516 for the following projects and the specified amounts listed: Woman's City Club, 401 Scott Street $30,000 Ward - Haskell House, 1000 W. 2nd Street $23,250 Cohn Building, 1200 Main Street $30,000 TOTAL $83,250 SECTION 2. This resolution shall be in full force and effect from and after its passage and approval. ADOPTED: MARCH 19, 1991 ATTEST: ROBBIE HANCOCK; CITY CLERK APPROVED AS TO FORM: M. CA6,42 THOMAS M. CARPENTEN ACTING CITY ATTORNEY APPROVED: A�t� IEST, MAYOR 120 R k46