13071Fr010003704 Received: . PNI
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Recorded Records of PAT >* yr,
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1 RESOLUTION NO. 139071
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3 A RESOLUTION TO AUTHORIZE THE MAYOR TO ISSUE A LETTER
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4 OF SUPPORT FOR A FIFTY (50) UNIT SENIOR HOUSING RENTA'=
5 UNIT PROJECT FOR THE LITTLE ROCK HOUSING AUTHORITY 0
6 PROPERTY AT THE LOCATION OF THE FORMER BOOKER HOMFs » ��
7 PROPERTY; AND FOR OTHER PURPOSES. ty
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9 WHEREAS, a proposed project has been submitted for the construction of a fifty (50) unit
10 senior citizen rental housing program in the Granit Mountain community, and
11 WHEREAS, All of the units will be dedicated at the affordable housing rate, and
12 WHEREAS, the project is to be partially funded through Low Income Housing Tax Credits
13 by the Arkansas Development Finance Authority, which has requested a letter of support from
14 the Mayor before the project can be approved.
15 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
16 THE CITY OF LITTLE ROCK, ARKANSAS:
17 Section 1. The Board of Directors hereby authorizes the Mayor to issue a letter of support
18 for the construction of a fifty unit rental complex in the Granite Mountain community, to be
19 financed in part by Low Income Housing Tax Credits issued by the Arkansas Development
20 Finance Authority.
21 Section 2. Severability. In the event any title, section, paragraph, item, sentence, clause,
22 phrase, or word of this resolution is declared or adjudged to be invalid or unconstitutional, such
23 declaration or adjudication shall not affect the remaining portions of the resolution which shall
24 remain in full force and effect as if the portion so declared or adjudged invalid or
25 unconstitutional was not originally a part of the resolution.
26 Section 3. Repealer. All laws, ordinances, resolutions, or parts of the same, that are
27 inconsistent with the provisions of this resolution, are hereby repealed to the extent of such
28 inconsistency.
29 Section 4. This resolution shall be in full force and effect from and after its adoption.
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ADOPTED: January 19, 2010
ATTEST:
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usan �An 1 y, cting City Clerk
APPROVED AS TO LEGAL FORM:
Thomas M. Carpenter, Ci Attorney
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Mark Stodola, Mayor