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108211 RESOLUTION NO. 10.821 2 3 A RESOLUTION OF SUPPORT FOR THE LITTLE ROCK 4 HOUSING AUTHORITY HOPE VI APPLICATION TO 5 REPLACE HOLLINGSWORTH GROVE. 6 7 WHEREAS, the Little Rock Board of Directors offers enthusiastic support 8 for the Little Rock Housing Authority HOPE VI application to replace 9 Hollingsworth Grove an aging, distressed public housing site located in the planned 10 expansion path of the Little Rock Regional Airport with a new community called 11 Riverside East; and 12 WHEREAS, the City of Little Rock is supportive of the Riverside East 13 revitalization plan to transform the blocks adjacent to the proposed Clinton 14 Presidential Library Park (an area east of the Presidential Park to the Nathaniel Hill 15 Complex and bound on the south of Sixth Street and to the north by the river) into 16 a revitalized neighborhood featuring a vibrant mix of apartments and homes (from 17 affordable to market rate), a commercial and small office corridor, riverfront parks 18 and recreational centers linked to a comprehensive community supportive services 19 system; and 20 WHEREAS, grant funds would assist in developing a strong mixed income 21 neighborhood of approximately 200 units of affordable rental housing plus sixty 22 (60) senior rental units and thirty (30) single - family homes that enhance the value 23 of existing homes and provides the stimulus for additional private development of 24 infill housing. 25 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF 26 DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: 27 Section 1. The City of Little Rock supports this $26 million revitalization 28 effort by providing infrastructure improvements, park improvements, program and 0 0 1 operating support for the Nathaniel Hill Complex, zoning, design overlay district 2 and Targeted Neighborhood Enhancement Plan designation for the Riverside East 3 Neighborhood. 4 ADOPTED: May 16, 2000 5 ATTEST: APPROVED: 6 - 7 `n yn .IIJdDGtr 8 Nancy Wood, City Clerk ]' ailey, Mayor 9 APPROVED AS TO LEGAL FORM: 10 11 L 12 Thomas M. Carpenter, Attorney 13 // 14 # 15 # 16 # 17 # 18 # 19 // 20 # 21 # 22 # 23 # 24 # 25 N 26 # 27 # 28