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152531 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 28 29 30 31 32 33 34 35 36 ORDINANCE NO. 15,253 AN ORDINANCE APPROPRIATING $40,000.00 FROM THE CITY'S GENERAL FUND TO CENTRAL ARKANSAS TRANSIT AUTHORITY TO IMPLEMENT THE STUDY OF THE CITY'S BUS ROUTES. WHEREAS, the City of Little Rock, Central Arkansas Transit Authority and the Little Rock School District are likely to face increased requests for local contributions to help finance various transportation services in the City of Little Rock; and WHEREAS, it is in the City's best interest to explore financing alternatives and new sources of revenue; and WHEREAS, public school districts who are in need of transportation services offer the most attractive possibility for the realization of new revenues. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY•OF LITTLE ROCK, ARKANSAS: SECTION 1. There is hereby appropriated to the Central Arkansas Transit Authority $40,000.00 from the unappropriated balance of the City's General Fund to be specifically used to finance a route study to determine whether CATA can feasibly and economically transport students attending school within the Little Rock School District. PASSED: march 3, 1987 ATTESR' x CITY CLERK JANE ZECCH APPNHAd TZR/ 4 MARK 8TODOLA, CITY ATTORNEY APPROVED: AYOR LOTTIE SHACKELFORD 73 E-S