2461 RESOLUTION NO. 2461
A RESOLUTION AUTHORIZING AND APPROVING THE EXPENDITURE OF
TWELVE THOUSAND TWO HUNDRED EIGHTY SIX AND 24/100 DOLLARS
($12,286.24) TO GRAYBAR ELECTRIC COMPANY AND IAR-TROL SIGNAL
COMPANY FOR THE PURCHASE OF TRAFFIC SIGNAL EQUIPMENT; PRO-
VIDING FOR THE PAYMENT OF SAID SUM FROM STREET CONSTRUCTION
FUND, PROJECT 8, APPROPRIATED BY ORDINANCE NO. 10,921 OF THE
CITY OF LITTLE ROCK, ARKANSAS; AND FOR OTHER PURPOSES.
WHEREAS , the City by Ordinance No. 10,921 has appropriated certain
sums of money from the 1958 Bond Construction Funds for various projects
within the City; and
WHEREAS , the Board of Directors of the City of Little Rock, Arkansas,
desires to authorize various specific expenditures from the said funds
previously appropraited;
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
OF LITTLE ROCK, ARKANSAS:
SECTION 1. There is hereby authorized and approved the expenditure
of the following separate sums of moneys in the amounts, for the purposes
and payable to the persons, firms or corporations as set out below. Said
moneys shall be paid from the 1958 Bond Construction Funds and charged
to the Bond Accounts as follows, all pursuant to the provisions of Ordi-
nance No. 10,852:
ITEM SELLER TOTAL
NET BOND ACCOUNT
PRICE FUND
150 Load relays for
"Walk-Don 't Walk" Street Construe-
signals Graybar Electric Co. $1,500.00 tion, Project 8
One (1) ASD2455
Wavemeter for
Testing Radar Detectors--Kar-Trol Signal Street Construction
Company $ 194.00 Project 3
Three (3) PRA-2 Controllers
with Civil Defense and fire
run relays Kar-Trol Street Construction
Signal Company--$4,513 .53 Project 3
One (1) PR-2 Controller
with Civil Defense Relay----Kar-Trol Street Construction
Signal Company--$1,305 .11 Project 8
Twelve (12) RD2 Detectors7--Kar-Trol Street Construction
Signal Company--$4, 773 .60 Project 3
-2-
SECTION 2. The City Manager and Director of Finance are hereby
authorized and directed to execute the necessary warrant or warrants
in payment of the money approved in Section 1 hereof.
SECTION 3 . The City Manager shall take the necessary steps
following the purchase of the equipment described in Section 1 hereof
to procure a sum equal to one-half (2) of the total amount authorized
herein from the appropriate agency of the Civil Defense and to refund
the said sum equal to one-half (2) of the amount authorized herein to
the Street Construction Fund, Project 8, thereby reducing the cost
of said equipment described in Section 1 to a sum equal to one-half (2)
of the amount appropriated herein .
SECTION 4. This resolution shall be in full force and effect
from and after its adoption.
ADOPTED: December 7, 1959
ATTEST:
City Clerk /i�f ,o .