16675I
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AINANCE NO. 16,675 •
AN ORDINANCE TO AMEND LITTLE ROCK, ARKANSAS 301
ORDINANCE NO. 16,561 (DECEMBER 21, 1993), THE 1994 BUDGET
ORDINANCE, AND TO PROVIDE FUNDS FROM THE ONE -HALF
CENT SALES TAX REVENUES TO FUND CAPITAL AVENUE
ENHANCEMENT RECOMMENDATIONS; DECLARING AN
EMERGENCY; AND FOR OTHER PURPOSES.
WHEREAS, on December 14, 1993, voters of the City of Little Rock approved
a one -half cent local sales tax effective February 1, 1994, to fund various new service
initiatives designed to address many needs of the community; and
WHEREAS, the Board of Directors established a number of task forces that
included Board Members, citizens and staff to evaluate the best methods to implement
the initiatives contemplated in the development of the sales tax proposal, and these task
forces have delivered their recommendations to the Board and requested funding; and
WHEREAS, the service initiatives to be funded by the sales tax address critical
needs of the community.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The sum of $100,000 is hereby appropriated from the proceeds of
the one -half cent sales tax adopted in December, 1993, and transferred from the General
Fund to the Special Projects Fund and designated for the following need:
$100,000 for legal, engineering and appraisal services related to the
improvement of Capitol Avenue.
SECTION 2. DECLARING AN EMERGENCY: It is hereby found and
determined that there is an immediate and urgent need to provide the additional
services funded by the one -half cent local sales tax approved by the voters of the City
of Little Rock, and that these additional services are essential for the protection of the
public safety and welfare; an emergency is therefore declared to exist and this Ordinance
shall be in full force and effect from and after the date of its adoption.
D )�
73
1 PASSED: June 1, 1994
2 302
3 ATTEST: APPROVED:
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APPROVED AS TO FORM:
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