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9158-1 • • 217 RESOLUTION NO. 9,158 1 A RESOLUTION OF INTENT TO ASSURE THAT THE 2 CITIZENS OF LITTLE ROCK WILL NOT HAVE TO 3 INVOLUNTARILY PAY FOR ANY EXPANSION OR 4 WIDENING OF THE CHENAL PARKWAY; AND FOR 5 OTHER PURPOSES. 6 WHEREAS, the Board of Directors of the City of Little 7 Rock, has heard arguments concerning the right -of -way 8 dedication that should be required for businesses along the 9 Chenal Parkway; and 10 WHEREAS, the developers of the parkway believe that 11 it should be a four -lane road requiring only 1001 of right -of -way dedication, as opposed to a six -lane road 12 requiring 1201 of right -of -way; and 13 WHEREAS, in agreeing to this request the Board of 14 Directors has made it clear that it does not want the 15 citizens of the City of Little Rock to pay for any expansion or widening of the Chenal Parkway occasioned by the increase 16 in commercial activity along the present parkway boundaries; 17 and 18 WHEREAS, the Board believes it is very possible that 19 the current zoning decisions allowing intense commercial 20 development envisioned a six lane road and, as a result, there is a very real possibility that continued commercial 21 development will, in the near future, require widening of 22 this road; and 23 WHEREAS, such widening would not only require the 24 City to pay for the cost of the road, but also the cost of 25 the right -of -way. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF 26 DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: 27 SECTION 1: The Board of Directors states its 28 intention that the Chenal Parkway will be a four lane road 29 and that the City will not pursue efforts to increase it to 30 a six lane road despite the provisions of the Master Street Plan. 31 SECTION 2: The Board of Directors will, absent 32 express voter approval, refuse to fund any expansion or 33 widening of the Chenal Parkway unless the property owners 34 along the parkway dedicate at no cost to the City any 35 necessary right -of -way for such a project and participate equally in the cost of construction. 36 -1 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 36 218 SECTION 3: The Board of Directors states its intent that if, in any capital improvement bond issue, there are to be funds for the expansion or widening of Chenal Parkway, the bond issue shall be voted upon by the people, the election that proposes the issue shall be set out separately and shall individually and expressly state the name of the project and the cost of the proposed improvements, and the issue shall be accepted or rejected by the voters on its own merits and not in conjunction with any other issue or question to be submitted to the voters at such election. ADOPTED: May 3, 1994 OPP: i� • n� w-r•�• :• a• W