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9949RESOLUTION NO. 9,949 166 A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT WITH UALR FOR WORK IN CONNECTION WITH THE "OAK FOREST INITIATIVE ", TO IMPROVE HOUSING IN THE GENERAL AREA OF 28TH STREET BETWEEN BOULEVARD AND HARRISON STREETS. WHEREAS, UALR has chosen to invest $190,000 from its HUD Special Purpose Grant for targeted housing initiatives in the Oak Forest Area east of campus; and WHEREAS, to further the impact in the area, UALR has chosen to partner with the City of Little Rock to leverage additional funds to achieve this effort; and WHEREAS, grant applications are currently being written to leverage additional private funding and corporate and nonprofit sponsors have agreed to assist in the initiative either through financial or in -kind contributions; and WHEREAS, plans in the initiative also include the development of a community garden in the target area. 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 UALR for work in connection with the "Oak Forest Initiative ", to improve housing in the general area of 28th Street between Boulevard and Harrison Streets. SECTION 2. Funding up to $150,000 is available from the HOME Investment Partnership Program to leverage with $190,000 from UALR's Special purpose grant. SECTION 3. This resolution shall be in full force and effect from and after its adoption. 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 ADOPTED: April 1, 1997 ATTEST: APPROVED: ROBBIE HANCOCK 11 ALLEY CITY CLERK MAYOR APPROVED AS TO FORM: THOMAS M. CAR15ENTEld CITY ATTORNEY 167