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16759ORDINANCE NO. 16,759 M M M AN ORDINANCE AUTHORIZING THE CITY NANAGER TO APPROPRIATE $50,634.72 FROM THE STREET FUND BALANCE TO CLOSE THE JOHN BARROW ROAD PROJECT. WHEREAS, the City and the Arkansas Highway Department entered into an agreement to construct John Barrow Road from Kanis to Asher Avenue using Federal Aid Urban funds; and WHEREAS, the City's agreed share is $25% of project cost; and WHEREAS, final accounting indicates that the City owes an additional $50,634.72 to cover construction, utility relocations and construction supervision overruns. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The City Manager is authorized to appropriate $50,634.72 from the street fund balance to close the John Barrow Road Project. SECTION 2. This ordinance shall be in full force and effect from and after its passage. PASSED: October 4, 1994 IN r xy i V • APPROVED TO FORM: THUNA-5 X. CITY ATTOR14-- 67s (91