1525480
ORDINANCE NO. 15,254
AN ORDINANCE AUTHORIZING THE MAYOR AND CITY CLERK
TO EXECUTE SUCH DOCUMENTS AS ARE NECESSARY FOR
THE PURCHASE OF 3.93 ACRES OF PROPERTY FOR THE
SOUTH LOOP PROJECT; AND APPROPRIATING $100,000.00
FOR THIS ACQUISITION FROM THE UNAPPROPRIATED
BALANCE OF THE CITY'S GENERAL FUND.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The Mayor and City Clerk are hereby authorized
to enter into a contract for the purchase of 3.93 acres of
property located at 10600 Mabelvale West which is essential to
connect the South Loop Project to the I -30 /I -430 interchange.
SECTION 2. There is hereby appropriated from the
City's General Fund the sum of $100,000.00 for this acquisition
to be used in conjunction with the $72,900.00 remaining in
Account No. 399 -9120, for a total sum of $172,900.00.
PASSED: March 3, 1987
ATTEST:
CIT CLERK JANE CZACH
MARK STODOLA, CITY ATTORNEY
APPROVED:
MAYOR LOTiIE SHACKELFORD
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SOUTH LOOP a � —�i
10600 MABLEVALE WEST