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2871 RESOLUTION N0. 2,871 A RESOLUTION AUTHORIZING AND APPROVING THE EXPENDITURE OF SEVENTY FIVE THOUSAND AND NO/100 DOLLARS ($75 ,000.00) FROM THE PARK & AIRPORT CONSTRUCTION FUND, PROJECT 33 , TO THE ARKANSAS ARTS CENTER CONSTRUCTION FUND, WHICH SUM HAS PREVIOUSLY BEEN APPROPRIATED; AND FOR OTHER PURPOSES . WHEREAS, the City of Little Rock has appropriated certain sums of money from the 1953 Bond Construction Funds for the pur- pose of constructing an Arts Center in the City of Little Rock; and WHEREAS, the Board of Directors of the City of Little Rock desires to authorize a specific expenditure from the said funds previously appropriated; 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 sum of Seventy Five Thousand and No/100 Dol- lars ($75,000.00) from the Park & Airport Construction Fund, Pro- ject 33, to the Arkansas Arts Center Construction Fund for the purpose of paying contractors ' estimates arising from the con- struction of the Arkansas Arts Center . SECTION 2. The City Manager and Director of Finance are hereby authorized and directed to issue the necessary warrant in payment of moneys approved in Section 1 herein. SECTION 3 . This resolution shall be in full force and effect from and after its adoption . ADOPTED: July 20, 1962 ATTEST:�7 APPROVED: cr _ /a ee S.� /(. ( City Clerk