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1 ORDINANCE NO. 18,072
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2
3 AN ORDINANCE TO ESTABLISH THE CENTRAL HIGH
4 TARGETED NEIGHBORHOOD ENHANCEMENT PLAN
5 (TNEP); AND FOR OTHER PURPOSES.
6
7 WHEREAS, one of the goals of the Future - Little Rock process was to create a landbank
8 authority and to provide monies for lower to moderate income housing; and
9 WHEREAS, severe restrictions in the Arkansas Constitution prohibit municipalities from
10 engaging in programs that grant monies to individuals; and
11 WHEREAS, pursuant to Act 320 of 1997 the Arkansas General Assembly provided the City
12 with the authority to create Targeted Neighborhood Enhancement Act Plans as set forth in the
13 codification of this Act (Ark. Code Ann. §§ 14 -169 -1101 to -1108 [Michie Repl. 1998]); and
14 WHEREAS, on October 7, 1997, the Board of Directors adopted Little Rock, Ark.,
15 Resolution No. 10,097 which authorized the formation of a Central High Targeted Neighborhood
16 Enhancement Plan; and
17 WHEREAS, pursuant to this resolution the City developed the necessary background
18 information and conducted the required public hearings; and
19 WHEREAS, the City has compiled the Central High Targeted Neighborhood Enhancement
20 Plan attached as Exhibit A to this Ordinance.
21 NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF
22 THE CITY OF LITTLE ROCK, ARKANSAS:
23 SECTION 1. The City adopts the Central High Targeted Neighborhood Enhancement Plan
24 set forth in Exhibit A to this Ordinance.
25 SECTION 2. This plan shall be in duration from August 19, 1999 until August 19, 2004.
26 SECTION 3. The boundaries of the Central High Targeted Neighborhood are set forth in
27 the map located on page 151 of Exhibit A.
28 SECTION 4. Severability. In the event any title, section, subsection, subdivision, paragraph,
29 subparagraph, item, sentence, clause, phrase, or word of this ordinance is declared or adjudged to be
30 invalid or unconstitutional, such declaration or adjudication shall not affect the remaining portions
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of the ordinance which shall remain in full force and effect as if the portion so declared or adjudged
invalid or unconstitutional was not originally a part of this ordinance.
Passed: July 27, 1999
Attest:
'&
Robbie Hancock, City Clerk
Approved as to Legal Form:
Thomas M. Carpenter, Ci Attorney
Approved:
Jim D i ey, Mayor
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