9764RESOLUTION NO. 9,764
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.
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WHEREAS, Little Rock, Arkansas Ordinance No. 15,473, (May 3, 1988) 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, Little Rock, Arkansas Ordinance No. 15,499 (June 21, 1988) 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, Little Rock, Arkansas Resolution No. 8146 (May 2, 1989) 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 (ARC) for the Facade Grant Program after a public
review has reviewed and approved additional applications for specific projects; and
WHEREAS, the Draughon Building is determined to be of Historic or Architectural significance to
the Central Business District, and the ARC believes that the preservation of the structure by cleaning, window
replacement, tuck pointing, roof repair, storefront repair and painting will enhance the structure and the
surrounding area; and
WHEREAS, the ARC has determined that the buildings at 301 -303 and 305 -307 East Markham Street
are determined to be of historic or architectural significance to the Central Business District, and the preservation
of the structures which includes new store fronts, repair of all windows, waterproofing, roof repair and painting
will enhance these structures and the surrounding area; and
WHEREAS, the ARC has determined that 108, 112 and 114 Pulaski Street are determined to be of
historic and/or architectural significance to the Central Business District, and the preservation of the structures
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to include painting, new storm windows, roof repair, porch replacement and general carpentry work will enhance
these structures and the surrounding areas; and
WHEREAS, the owners of these structures have agreed to match contributions from the City on a
dollar for dollar basis.
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,
upon the receipt of written proof that the owner or developer of these properties have provided, or will provide,
as equal matching amount to be spent on the building facade:
Draughon Building, 523 South Center Street $ 30,000.00
301 -303 East Markham Street $ 30,000,00
305 -307 East Markham Street $ 30,000.00
108 Pulaski Street $ 12,608.00
112 Pulaski Street $ 14,709,00
114 Pulaski Street $ 11,631.88
TOTAL $128,948.88
SECTION 2. The Board recognizes that expenditures set forth in Section I shall bring the Board
account to a zero balance, but directs the City Manager to maintain the Building Facade Grant Architectural
Review Committee for future projects if additional funding is made available,
ADOPTED: August 6, 1996
ATTEST: APPROVED. \
BBIE HANUOCK, CITY CLERK J DAILEY, MAYOR
APPR VED AS TO FORM:
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THOMAS A. CARP TER
CITY ATTORNEY
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