114570 0
1 RESOLUTION NO. 11,457
2
3 A RESOLUTION OF SUPPORT FOR FUNDING OF THE
4 MADISON HEIGHTS PHASE III MIXED INCOME HOUSING
5 PROJECT BY THE ARKANSAS DEVELOPMENT FINANCE
6 AUTHORITY; AND FOR OTHER PURPOSES.
7
8 WHEREAS, the Arkansas Development Finance Authority has under
9 consideration a project to provide mixed income housing units known as Madison
10 Heights Phase III, and after review by the Planning Department, and the Housing and
11 Neighborhood Programs Department,
12 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
13 THE CITY OF LITTLE ROCK, ARKANSAS:
14 Section 1. The Board of Directors states its support of the Madison Heights
15 Phase III Mixed Income Housing Project, and authorizes that this statement of support
16 be forwarded to the Arkansas Development Finance Authority.
17 Section 2. Severability. In the event any title, section, paragraph, item,
18 sentence, clause, phrase, or word of this resolution is declared or adjudged to be invalid
19 or unconstitutional, such declaration or adjudication shall not affect the remaining
20 portions of the resolution which shall remain in full force and effect as if the portion so
21 declared or adjudged invalid or unconstitutional was not originally a part of the
22 resolution.
23 Section 3. Repealer. All resolutions, bylaws, and other matters inconsistent
24 with this resolution are hereby repealed to the extent of such inconsistency.
25 ADOPTED: February 11, 2003
P11
Funding of Madison Heights Phase III Mixed
Income Housing Project
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1 APPROVED:
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3
4 Nan Woo,, City Clerk
5
6 APPROVED AS TO LEGAL FORM:
7
8 0g
9 Thomas M. Carpenter, Ca Attorney
10 II
11 /1
12
13 11
14 /(
15
16
17 Il
18 /1
19
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23 II
24
25 !!
26 /1
27 11
Funding of Madison Heights Phase III Mixed
Income Housing Project
IitN
tjimnailey, Mayor
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