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10738r ORDINANCE N0. 10,738 AN ORDINANCE APPROPRIATING THE SUM OF ONE HUNDRED AND SEVENTY THOUSAND DOLLARS AS A CASH GRANT -IN -AID TO THE HOUSING.AUTHORITY OF THE CITY OF LITTLE ROCK, ARKANSAS, IN CONNECTION WITH ACQUISITION, CLEARANCE AND URBAN RENEWAL AND REHABILITATION OF THAT SLUM, BLIGHTED AND DETERIORATING AREA IN THE.CITY OF LITTLE ROCK DESCRIBED IN THE URBAN RENEWAL PLAN FOR THE LIVESTOCK SHOW AREA, PROJECT ARK,R -2; DECLARING AN EMERGENCY; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE BOARD OF DOCTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. That the sum of One Hundred and Seventy Thousand Dollars be and hereby is appropriated out of the General Fund of the City of Little Rock, Arkansas, payable to the Housing Authority of the City of Little Rock, Arkansas, as said City's cash grant -in -aid in connection with the acquisition, clearance and urban renewal and rehabilitation of that slum, blighted and deteriorating area in said City described in the Livestock Show Area Urban Renewal Plan, Project ARK R -2, as approved by Ordinance No. 10,649 adopted by the governing body of said City of the 14th day of October, 1957• SECTION 2. That the fiscal officers of the City of Little Rock be and hereby are authorized and directed to do all things necessary and appropriate to cause said sum of One Hundred and Seventy Thousand Dollars to be paid out of said City's General Fund to the order of said Housing Authority of the City of Little Rock, Arkansas. SECTION 3. It is hereby found and declared to be a fact that consummation of the Livestock Show Area slum clearance and urban renewal and rehabilitation project is immediately necessary for the preservation of the public health, welfare, morals and peace. An emergency is there- fore declared to exist and this ordinance shall take effect bvo -� Ac =-0 immediately upon its passage and approval. PASSED: March 3, 1958 ATTEST: ... fMO1q &" 0, Y- All ti y Clerk or