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4447 RESOLUTION NO. 4,447 A RESOLUTION AUTHORIZING THE CITY MANAGER ON BEHALF OF THE CITY AND THE LITTLE ROCK AUDITOR- IUM COMMISSION TO MAKE APPLICATION TO THE ECONOMIC DEVELOPMENT ADMINISTRATION OF THE FEDERAL GOVERN- MENT FOR A FINANCIAL GRANT, AND FOR OTHER PURPOSES WHEREAS , the planned construction of a new Hotel-Convention Center and Public Parking Garage Complex North of Markham Street and between the Little Rock Municipal Auditorium and the Old State Capital of necessity contemplates utilizing the said Auditorium facilities as a part of and in conjunction with the new Hotel and Convention facil- ities project; and WHEREAS to serve its purpose as a part of the planned Hotel- Convention Center Project the said Auditorium necessarily must be re- habilitated at a cost of more than $1 ,000 , 000 . 00 ; and WHEREAS it is recognized that the planned project will provide new and additional permanent employment in this City thus contributing appreciably to an improved economy; and WHEREAS the Economic Development Administration of the Federal Government was created and funded purposely to provide financial assis- tance in making possible projects as here planned, creating new employ- ment and improving the economy. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS : SECTION 1. The City Manager acting for the City of Little Rock and Little Rock Auditorium Commission is hereby authorized and directed to make the necessary application to the Economic Development Adminis- tration of the Federal Government for a grant of funds to be used in rehabilitating the City' s Municipal Auditorium. SECTION 2 . This Resolution shall be in full force and effect from and after its adoption. ADOPTED : September 21, 1970 iI ri ATTEST: APPROVED : ity Clerk Mayor