8731�- $(P
A -5
413
1
RESOLUTION NO. 8,731
2
3
A RESOLUTION AUTHORIZING THE EXPENDITURE OF FUNDS FROM
4
THE 1988 CAPITAL IMPROVEMENT BOND PROJECT FOR
5
IMPROVEMENTS TO HISTORIC BUILDING FACADES AS APPROVED
6
IN THE CENTRAL BUSINESS DISTRICT
7
8
9
WHEREAS, Ordinance No. 15,473 appropriated funds from the
10
1988 Capital Improvement Bond sale proceeds for projects which
11
included: $800,000 for the purpose of matching on a dollar -for-
12
dollar basis funds provided for the South Main Improvement
13
District and the Facade Grant Program; and
14
WHEREAS, Ordinance No. 15,400 appropriated $300,000 for the
15
South Main Improvement District Project, thereby leaving a
16
balance of $500,000 to be used for the Facade Grant Program; and
17
WHEREAS, Resolution No. 8146 authorized the expenditure of
18
$500,000 for improvements to the historic building facades as
19
approved by the Architectural Review Committee; and
20
WHEREAS, the Architectural Review Committee for the Facade
21
Grant Program has reviewed and approved additional applications
22
for specific projects; and
23
WHEREAS, the Howe Building has been determined to be of
24
historic and architectural significance to the Central Business
25
District, and the restoration of the roof, windows, storefront
26
and masonry will enhance the structure and the surrounding area.
27
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
28
THE CITY OF LITTLE ROCK, ARKANSAS:
29
SECTION 1. The City Manager is hereby authorized to expend
30
funds from the 1988 Capital Improvement Bond Project, Account No.
31
301 -8516 for the following project in the specified amount
32
listed:
33
The Howe Building, 801 W. Markham Street $30,000
34
SECTION 2. This resolution shall be in full force and effect
35
from and after its passage and approval.
36
�- $(P
A -5
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
m m m m
ADOPTED:
ATTEST:
•
June 16, 1992
QAdjg•�64.aCk
ROBBIE HANCOCK, CITY CLERK
APPROVED AS TO FORM:
�y �`"�*'4'-"" (/mil •'
THOMAS M. CARPENTER
CITY ATTORNEY
• 41 -4
APPROVED:
SHARON PRIEST, MAYOR