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14466w iw w w wr w w� w �w w w w w w ■i ORDINANCE NO. 14,466 AN ORDINANCE ACCEPTING AND APPROPRIATING $25,000 FROM A GRANT SECURED FROM THE SMALL BUSINESS ADMINISTRATION. BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: 320 WHEREAS, the City has secured a grant of $25,000 from the Small Business Administration for use in improving a part of Murray Park; and, WHEREAS, this grant should be accepted and appropriated for the purposes stipulated by the terms of the grant, NOW, THEREFORE: BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. The grant of $25,000 by the Small Business Administration to the City is hereby accepted. Section 2. The grant of $25,000 from the Small Business Administration is hereby appropriated to fund the improvements in Murray Park as set forth in the attached memorandum. PASSED: June 21, 1983 ATTEST: APPROVED: Cify Clerk ne Czech Mayor J. W. Be afiee d DD% TO: FROM: SUBJECT: M M M M —BOARD OF DIRECTORS COMMUNICATION — * 321 Ordinance No. 14,466 M E M O R A N D U M June 9, 1983 Mayor an Board of Directors Susan F1 ming, City Manager Accepting Funds from SBA BOARD ACTION RECOMMENDED: Adopt an ordinance accepting and appropriating $25,000 from a grant secured from the Small Business Administration (SBA). BACKGROUND: The City of Little Rock has received a grant of $25,000 from the SBA for use in improving a part of Murray Park. In compliance with detailed SBA requirements, these funds would be spent with small contractors to stimulate employment by providing landscaping for a public park. Projected use of funds is shown below: Sprinkler System $ 3,100 Retaining Wall 2,900 Sodding 4,600 Top Soil 3,300 Trees 3,800 Plants 4,800 Contingency 2,500 Total $25,000 Staff recommends approval of this request. CITY OF LITTLE ROCK, ARKANSAS