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16411• • ��r 1 ORDINANCE NO. 16,411 2 3 AN ORDINANCE TO APPROPRIATE $100,000 4 FROM THE ECONOMIC DEVELOPMENT FUND 5 FOR PURPOSES OF FUNDING THE LITTLE 6 ROCK ADVERTISING AND PROMOTION 7 COMMISSION TO BE USED PURSUANT TO 8 ITS STATUTORY AUTHORITY IN ARKANSAS 9 CODE ANNOTATED 5 26 -75 -606 (MICHIE 10 1987); TO DECLARE AN EMERGENCY; 11 AND FOR OTHER PURPOSES. 12 13 14 WHEREAS, the 1992 presidential campaign and the election of Bill Clinton as President of the United States has projected the 15 15 City of Little Rock into the world spotlight; and 17 WHEREAS, the City is experiencing a surge in public interest and awareness of cultural and historical affairs of the 18 City due to the campaign and other positive current events; and 19 WHEREAS, such interest has resulted in increased tourism 20 and convention activity within the City; and 21 WIiII2EAS, these events have provided a unique opportunity to 22 23 enhance the public image of Little Rock on the world stage; and AREAS, the establishment of displays and exhibits in 24 local museums is deemed to be an effective project to capitalize 25 on increased tourism and convention business; and 26 WHEREAS, the Little Rock Advertising and Promotion 27 28 Commission is the appropriate City agency to receive City funds to invest in the construction and operation of exhibits and 29 30 displays in support of tourism and promotion. 31 NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF 32 THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. The sum of $100,000 is hereby appropriated from 33 34 the Economic Development Fund to be used by the Little Rock 35 Advertising and Promotion Commission to establish displays and li 36 exhibits at museums in the City. �� C-3 M M 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 28 29 30 31 32 33 34 35 36 SECTION 2. • GENCY. The Board of Directors has declaW that the promotion of economic development, tourism, convention activity and revenues from visitors of local museums is a matter essential for the public health, safety and welfare of the citizens. It is important for the City to capitalize on this unique opportunity to coordinate with State agencies and private business to foster tourism and public awareness of cultural events in the City. Therefore, an emergency is declared to exist and this ordinance shall be effective from the date of its passage. PASSED: April 20, 1993 Lei R4 •. M