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98791 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 RESOLUTION NO. 9,879 A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT WITH MARTHA AND DANIEL PAGE TO PROVIDE $119,437 IN HOME FUNDS TO REHABILITATE SIX (6) STRUCTURES IN THE 1400 BLOCK OF SOUTH CEDAR STREET FOR LOW INCOME RENTAL HOUSING. M M M M 763 WHEREAS, this project involves plans to rehabilitate six (6) structures which include two (2) duplexes for a total of eight (8) units of rental housing for low- income individuals or families in the 1400 block of South Cedar; and WHEREAS, the applicants live at 1406 South Cedar and have undertaken several rehabilitations on their own over the past several years; and WHEREAS, the project has been reviewed and recommended for funding by the Project Review Committee. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The City Manager is authorized to enter into an agreement with Martha and Page Daniel to provide $119,437 in HOME funds to rehabilitate six (6) structures in the 1400 block of South Cedar Street for low- income rental housing. SECTION 2. Funding in the amount of $119,437 is available from the HOME Program. SECTION 3. This resolution shall be in full force and effect from and after its adoption. ADOPTED: December 17, 1996 ATTEST: . • - ri;�� • CI�V. Ali • 1 DI• �.i All N. /,� L�/'