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114581 RESOLUTION NO. 11,458 2 A RESOLUTION OF SUPPORT FOR FUNDING OF THE STONEWOOD 3 APARTMENTS ON SPRINGER BOULEVARD AFFORDABLE HOUSING UNITS 4 BY THE ARKANSAS DEVELOPMENT FINANCE AUTHORITY; AND FOR 5 OTHER PURPOSES. 6 WHEREAS, the Arkansas Development Finance Authority has under consideration a 7 project to provide affordable housing units known as the Stonewall Apartments on Springer 8 Boulevard Affordable Housing Units, and after review by the Planning Department, and the 9 Housing and Neighborhood Programs Department, 10 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE I1 CITY OF LITTLE ROCK, ARKANSAS: 12 Section 1. The Board of Directors states its support of the Stonewall Apartments on 13 Springer Boulevard Affordable Housing Units, and authorizes that this statement of support be 14 forwarded to the Arkansas Development Finance Authority. 15 Section 2. Severability. In the event any title, section, paragraph, item, sentence, 16 clause, phrase, or word of this resolution is declared or adjudged to be invalid or unconstitutional, 17 such declaration or adjudication shall not affect the remaining portions of the resolution which 18 shall remain in full force and effect as if the portion so declared or adjudged invalid or 19 unconstitutional was not originally a part of the resolution. 20 Section 3. Repealer. All resolutions, bylaws, and other matters inconsistent with this 21 resolution are hereby repealed to the extent of such inconsistency. 22 ADOPTED: February 11, 2003 \ 23 APPROVED: 24 25 %lnl�( �� /�� 26 Na cy Wo ,City Clerk Ji ailey, Mayor 27 APPROVED AS TO LEGAL FORM: 28 / 29 A%A -�.u"� Kul' 30 Thomas M. Carpenter, City Attorney