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11793•0 I RESOLUTION NO. 11,793 E 3 A RESOLUTION TO APPROVE THE USES OF THE BALANCE 4 OF 2004 HOME FUNDS; AND FOR OTHER PURPOSES. W 6 WHEREAS, on September 9, 2003. the Board of Directors approved funding for 7 a portion of the 2004 HOME Program Grant funds, and 8 WHEREAS, funds were set aside for CHDO's and for undesignated projects, and 9 WHEREAS, a Request for Proposals was advertised and applications accepted 10 regarding the allocation of the reserved funds, and 11 WHEREAS, it was the recommendation of the Project Review Committee that 12 HOME CHDO funds be allocated to Black Community Developers in the amount of 13 Two Hundred Seventy-Five Thousand Dollars ($275,000.00) and HOME funds to Paul 14 E. Evans in the amount of Sixty Thousand Dollars ($60,000.00). 15 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF 16 THE CITY OF LITTLE ROCK, ARKANSAS: 17 Section 1. The Board recommends allocation of the balance of 2004 HOME 18 funds as follows: 19 Black Community Developers $275,000.00 20 Paul E. Evans 60,000.00 21 $335,000.00 22 Section 2. Severability. In the event any title, section, paragraph, item, 23 sentence, clause, phrase, or word of this resolution is declared or adjudged to be invalid 24 or unconstitutional, such declaration or adjudication shall not affect the remaining 25 portions of the resolution which shall remain in full force and effect as if the portion so [PAGE 1 OF 21 Resolution Appmve uses of balance of 1004 HOME funds 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 declared or adjudged invalid or unconstitutional was not originally a part of the resolution. Section 3. Repealer. All ordinances and resolutions are hereby repealed to the extent of such inconsistency. ADOPTED: July 20, 2004 ATTEST: APPROVED: N Icy Wo d, City Clerk APPROVED AS TO LEGAL FORM: Thomas M. Carpenter, City Attorney H H H H H H H H H H H H H Resolution Approve uses of balance of 2004 HOME funds [PAGE 2 OF 2] Willie Hinton, Vice Mayor