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2687 12ESOLUTION NO . 2,687 A RESOLUTION AUTHORIZING AND APPROVING THE EXPENDITURE OF CERTAIN SUMS OF MONEY FROM THE STREET CONSTRUCTION FUND, PROJECT 8, TO GRAYBAR ELECTRIC COMPANY AND KAR-TROL SIGNAL COMPANY FOR THE PURCHASE OF CERTAIN TRAFFIC SIGNAL EQUIPMENT; AND FOR OTHER PURPOSES . WHEREAS, the City of Little Rock 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 desires to authorize various specific expenditures from the said funds previously appro- priated; 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 expendi- ture 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 Ordinance No . 10,852 : TOTAL NET BOND ACCOUNT ITEM SELLER PRICE FUND 4000 feet-`Traffic Cable--Graybar Elec- tric Co. $1,388 .00 Street Construe- tion,Project 3 11-Radar Vehicle De- tector Units kar-Trol Signal Company $4,095 .30 Street Construc- tion,Project 8 SECTION 2. The City Manager and Director of Finance are hereby authorized and directed to execute the necessary warrants in payment of the money approved in Section 1 hereof. SECTION 3 . This resolution shall be in full force and effect from and after its adoption. ADOPTED: April 17, 1961 ATTES APPROVED: /I ,/a." City Clerk M