Loading...
3059 RESOLUTION NO. 3.0 59 A RESOLUTION APPROVING EXECUTION OF AN AMENDMENT TO THE COOPERATION AGREEMENT BY AND BETWEEN THE HOUSING AUTHORITY OF THE CITY OF LITTLE ROCK, ARKANSAS , AND THE CITY OF LITTLE ROCK, ARKANSAS, COVERING THE HIGH STREET URBAN RENEWAL PROJECT, ARK R-6 WHEREAS, the City of Little Rock, Arkansas, hereinafter called the "City", has entered into a Cooperation Agreement with the Housing Authority of the City of Little Rock, Arkansas, hereinafter called the "Housing Authority", providing for finan- cial aid for certain activities necessary for the execution of an urban renewal project in an area of the City known as the High Street Area, Project ARK R-6; and WHEREAS, since the execution of said Cooperation Agreement , the Housing Authority has submitted an Amendatory Application for Loan and Capital Grant for said project; and WHEREAS, because of said application, it will be necessary to amend parts of said Cooperation Agreement; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. Section 1. That Amendment of Sub-section (f) of Paragraph 1 of the "Cooperation Agreement by and between the Housing Authority of the City of Little Rock, Arkansas, and the City of Little Rock, Arkansas" duly approved and executed on November 21, 1960, under the authorization of Resolution No. 2611, adopted by the Board of Directors of the City of Little Rock u . Nu„ember 21, 1960, in the form attached hereto as Exhibit "A” is hereby approved. AI Section 2 . That the Mayor and City Clerk be and they hereby are authorized and directed to execute for and on behalf of the City of Little Rock, Arkansas, the said Amendment to the said Cooperation Agreement with the Housing Authority of the City of Little Rock, Arkansas. Section 3 . This Resolution shall take effect immediately. ADOPTED: September 16, 1963 APPROVED: //347Mayor ATTEST: City Clerk i AMENDMENT To The COOPERATION AGREEMENT Executed on November 21, 1960 By and Between THE HOUSING AUTHORITY OF THE CITY OF LITTLE ROCK, ARKANSAS and CITY OF LITTLE ROCK, ARKANSAS (Re: High Street Urban Renewal Project, ARK R-6) On this 17th day of September, 1963, pursuant to Resolution No. , adopted on the 16th day of September, 1963 , it is hereby agreed by and between the City of Little Rock, Arkansas, and the Housing Authority of the City of Little Rock, Arkansas, that Sub-section (f) of Paragraph l of the Cooperation Agreement by and between the Housing Authority of the City of Little Rock, Arkansas, and the City of Little Rock, Arkansas, dated November 21, 1960, be and the same hereby is amended to read as follows: "(f) To provide as necessary through appropriation ordinances the sum of $900,801.00 in cash as the cash -grant-in-aid portion of the City's one-third (1/3) share of the net project cost ." IN WI'T'NESS WHEREOF, the Authority and the City have caused this Amendment to be executed by their duly authorized officers as of the day and year first above written. ATTEST: CITY OF LITTLE ROCK, ARKANSAS By City Clerk Mayor ATTEST: THE HOUSING AUTHORITY OF THE CITY OF LITTLE ROCK, ARKANSAS By Dowell Naylor, Jr. , Secretary S. G. Puryear, Chairman Exhibit No. A