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17214IIIIIIIIII1 illlllllll1 llllllllllw IIIIIIIIII' IIIIIIIIII� ORDINANCE NO. 17,214 1 2 AN ORDINANCE APPROPRIATING 1995 BUDGET SAVINGS; AND FOR 3 OTHER PURPOSES. 4 5 WHEREAS, the 1995 Year End Financial Report for the City of Little Rock, Arkansas 6 7 indicated substantial budget savings, which were subject to audit; and 8 WHEREAS, the 1995 independent audit of the City's financial records has been 9 completed; and 10 WHEREAS, the Board of Directors of the City of Little Rock has previously expressed 11 12 its intent to establish an Infrastructure Fund and to place high priority on maintaining and 13 improving the City's infrastructure in Resolution No. 9,524. 14 NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE 15 16 CITY OF LITTLE ROCK, ARKANSAS: 17 SECTION 1. The sum of $2,308,424 is hereby appropriated from the unappropriated 18 balance of the General Fund to the City's Infrastructure Fund. 19 SECTION 2. The sum of $427,661 is hereby appropriated from the unappropriated 20 21 balance of the Street Futld to the City's street resurfacing project. 22 PASSED: June 18, 1996 23 24 ATTEST: APPROVED: � 25 26 27 28 XUBBIL OZ 29 CITY CLERK MAYOR 30 31 APPROVED AS TO FORM: 32 33 34 C. NI hK 35 CITY ATTORNEY 36 11111111111 374