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14403i a a h Y V r- v i i i i i ORDINANCE NO. 14,403 AN ORDINANCE ADOPTING THE DOWNTOWN DEVELOPMENT PLAN PREPARED BY THE HODGES FIRM, INC. AND THE OFFICE OF COMPREHENSIVE PLANNING AS A POLICY GUIDE FOR LAND USE AND DEVELOPMENT DECISIONS IN THE DOWNTOWN AND FOR OTHER PURPOSES. WHEREAS, the Hodges Firm and the Office of Comprehensive Planning have prepared a Downtown Development Plan; and WHEREAS, the Downtown Development Plan consists of three (3) reports, Vol. I "Inventory and Analysis ", Vol. II, "Land Use Plan ", and Vol. III "Implementation ", and WHEREAS, a Downtown Planning Study Advisory Committee comprised of businessmen and others having a financial, professional, regulatory, or other interest in downtown Little Rock has participated in the planning process and contributed its expertise to the end product, and WHEREAS, initial findings of the Downtown Development Plan were presented to both the Planning Commission and Board of Directors at a joint meeting held March 11th, 1982, and WHEREAS, the plan documents have been carefully scrutinized by the Planning Commission and certain changes agreed upon as set forth in "the M Development Plan Revisions" submitted to the Planning Commission December 14, 1982 and January 11, 1983 in an Addendum, and WHEREAS, a public hearing held December 14, 1982 for the purpose of eliciting public reaction to the Plan revealed community support for the Plan, and WHEREAS, on January 11, 1983, the Planning Commission passed a resolution formally endorsing the Downtown Little Rock Development Plan and urging its adoption by the Board of Directors. NOW, THEREFORE BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, Arkansas. SECTION 1. The Board of Directors believes that a strong and healthy downtown is vital to the future well -being of the City of Little Rock, and further that the projects and implementation techniques recommended in the Downtown Plan are both realistic and appropriate. rE �r r it r r r r r� r r r r r r 190 SECTION 2. The Board of Directors recognizes that the Plan recommends creation of a new Downtown Organization which will establish a public - private "partnership" to implement the Plan in future. SECTION 3. The Board of Directors hereby accepts the "Downtown Development Plan" as a policy guide for future land use and development decisions Downtown. SECTION 4. The Board of Directors hereby incorporates the text changes recommended by the Downtown Planning Study Advisory Committee and the Planning Commission and identified as "Revisions" into the adopted Plan. SECTION 5. This Ordinance shall be in full force and effect from and after its passage and approval. PASSED: March 1, 1983 ATTEST: APPROVED: PjAan4eV_C6h, City Clerk a field� r/