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RESOLUTION NO. 10, 013
A RESOLUTION AUTHORIZING THE CITV MANAGER TO EXPEND
FUNDS FROM THE HISTORIC BUILDING FACADE GRANT
PROGRAM TO ASSIST IN THE RESTORATION OF STRUCTURES AT
114 PULASKI STREET AND SEVENTH AT SHERMAN STREETS
(KRAMER SCHOOL).
M
283
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 Facade Grant Program has been depleted of all available funds; and
WHEREAS, the Mayor's Historic Preservation Task Force has recommended that a facade
grant program be maintained, which program would continue to be dollar- for - dollar match in
exchange for a deed of conservation easement for fifty (50) years; and
WHEREAS, on April 18, 1997, the Historic Building Facade Grant Architectural Review
Committee reviewed and recommended approval for two specific properties located at 114 N.
Pulaski Street and Seventh and Sherman Streets (Kramer School); and
WHEREAS, these two specific properties have been determined to be of historic or
architectural significance to the City of Little Rock, and the Architectural Review Committee has
determined that the preservation of these properties will be enhanced by the execution of the deed
of conservation easement; and
WHEREAS, the owners of these two specific properties have agreed to execute a deed of
conservation easement in favor of the City of Little Rock; and
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284
WHEREAS, the owners of these two specific properties have agreed to match contributions
from the City of Little Rock 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 Account No.
210- 030 -0591 for the following two specific properties and the specified amounts listed, upon the
receipt of written proof that the owners of these two properties have provided an equal matching
amount to be spent on the buildings' facades and have executed a deed of conservation easement
in a form acceptable to the City Attorney:
114 Pulaski Street $ 2,608.12
Seventh and Sherman Streets (Kramer School) $10,000.00
SECTION 2: This resolution shall be in full force and effect from and after its adoption.
PASSED: June 17, 1997
ATTEST:
C2_dAj« oa-
ROBBIE HANCOCK
CITY CLERK
APPROVED AS TO FORM:
THOMAS M. CARPENTE
CITY ATTORNEY
APPROVED:
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