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10430579 1 RESOLUTION NO. 10,430 2 3 A RESOLUTION AUTHORIZING THE CITY MANAGER TO 4 ENTER INTO A CONTRACT WITH JOHN T. WRIGHT 5 CONSTRUCTION COMPANY IN THE AMOUNT OF $60,200 6 FOR CONSTRUCTION OF A NEW AFFORDABLE HOME AT 7 2725 JACKSON STREET. 8 9 WHEREAS, the proposal is consistent with the City's Consolidated Plan, which was 10 developed with extensive citizen participation, and identified the provision of standard, affordable 11 housing to low income persons as a high priority; and 12 WHEREAS, the CDBG and Housing Programs Division constructs new affordable single 13 family housing for sale to low- income persons; and 14 WHEREAS, this project will further enhance the current housing being developed as part of 15 the Oak Forest Initiative. 16 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF 17 THE CITY OF LITTLE ROCK, ARKANSAS: 18 SECTION 1. The City Manager is authorized to enter into a contract with John T. Wright 19 Construction Company in the amount of $60,200 to construct a new affordable home at 2725 Jackson 20 Street. 21 SECTION 2. Funding for this project is available from the Affordable Home account. 22 SECTION 3. This resolution shall be in full force and effect from and after its adoption. 23 24 Adopted: December 15, 1998 25 26 ttest: 27 28 Robbie Hancock, City Clerk 29 30 Approved as to Legal Form: 31 32 _. 14 ^�� G4h4.. 33 Thomas M. Carpenter, Ci"ttorney k App 7X& Jim iley, Mayor