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4632 RESOLUTION NO. 4,632 A RESOLUTION APPROVING A REVISED NEIGHBORHOOD FACILITY GRANT BUDGET; AUTHORIZING THE SUBMISSION THEREOF TO THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT; AND FOR OTHER PURPOSES BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1 . The Neighborhood Facility Budget for Project Ark-N-42 heretofore approved by the United States Department of Housing and Urban Development is hereby revised as reflected on the attached budget bureau form 63-It-1118 consisting of two pages and the City Manager is hereby authorized and directed to cause said revised budget to be filed with the said United States Department of Housing and Urban Development for approval by said agency. SECTION 2 . This Resolution shall be in full force and effect from and after its adoption. ADOPTED : August 2, 1971 .111.4161(i,AA ATTEST : APPROVED. )(414147L City Cler Mayor CN 111144 11 II 0101 NATHANIEL W. HILL \\�_�_= ► ���/ DIRECTOR \`= � CITY HALL c". OF\ /1Lt R��K 376-6111 LITTLE ROCK, ARKANSAS 72201 Llr Ext. 313 July 27, 1971 M E M O R A N D U M TO: Mr. J. T. Meriwether FROM: Nathaniel W. Hill 4. yy SUBJECT: Revised Neighborhood Facility Grant Budget A resolution is needed authorizing the submission of the attached revised Neighborhood Facility Grant Budget. As you will note, funds which were allocated in Line Item Al and B6 are being transferred into Line Item A3 and B5 because acquisition and relocation will be done through NDP. : w► Form approved Page 1 of 2 Budget Bureau No. 83-131118 PROJECT LOCALITY U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT NEIGHBORHOOD FACILITIES GRANT PROGRAM Little Rock, Arkansas PROJECT DEVELOPMENT BUDGET AND PROJECT NUMBER (if known) BUDGET NO. CALCULATION OF FEDERAL GRANT Arkansas N-42 INSTRUCTIONS: Initial Budget: Prepare original and 7 copies for HUD. Submit original and 4 copies in Binder No. 1, copies in Binders No. 2, 3, and 4. Revised Budget: If with amendatory application, follow "Initial Budget" instruc- tions. Otherwise, submit original and 4 copies to HUD. PURPOSE OF SUBMISSION I I Accompanies Part I I XI Request for revision of approved budget of grant application Dates of budget approvals: �1 Budget No. 1: , 19 I 1 Accompanies Part II of grant application Latest Approved Budget (No. ): , 19 A. PROJECT DEVELOPMENT BUDGET TO BE COMPLETED BY APPLICANT TO BE FILLED IN BY HUD USE ONLY FOR REVISION LINE ACTIVITY CLASSIFICATION NO. LATEST APPROVED ADJUSTMENT AMOUNT HUD-APPROVED AMOUNT (+) or (-) REQUESTED AMOUNT (a) ( b) ( c) ( d) A-i Acquisition of site S 117,000 - 117,000 $ R -0- A-2 Relocation services -0- ' -0- -0- A-3 Development costs 602,653 + 114,301 716,954 • A-4 Subtotal (suaofLines 1 through 3) 719,653 - 2,699 716 ,954 A-5 Contingencies (for Column (c), not to exceed 10% of Line 4) 1 29,970 - 15,218 14,752 A-6 Subtotal (Line 4 plus 5) 749,623 - 17,917 731,706 A-7 Project inspection fee 6,597 -0- 6 ,597 A-8 TOTAL PROJECT DEVELOPMENT COST 756,220 -a 17,917 $ 738,303 R (Line 6 plus 7) HUD-6181 (2-E6' HUD-6181 Page 2 of 2 (2-66) B. CALCULATION OF FEDERAL GRANT TO BE COMPLETED BY APPLICANT TO BE FILLED USE ONLY FOR REVISION IN BY HUD LINE ACTIVITY CLASSIFICATION NO. LATEST APPROVED ADJUSTMENT AMOUNT HUD—APPROVED AMOUNT (+) or (-) REQUESTED AMOUNT (a) (D) ( o) ( d) 8-1 (1/3mo�r 1/4a of LinelA-B)on required $ 332,417 -8 44,417 s 288,000 B-2 Total local contribution to be Ni de (Line B-3 plus B-4; not less than Line 1) 332,417 - 44,417 288,000 B-3 Cash contribution 332,417 • - 44,417 288,000 B-4 Noncash contribution -0- -0- -0- B-5 NEIGHBORHOOD FACILITIES PROJECT 423,803 + 26,500 450,303 GRANT (Line A-8 minus B-2) B-6 RELOCATION GRANT 26,500 - 26,500 -0- B-7 TOTAL FEDERAL (RANT (Line B-5 plus S 450,303 $ -0- g 450,303 S B-6) Approval of the Project Development Budget and the Calculation of Federal Grant in the amounts shown in Column (c) is hereby requested. August 3, 1971 Date Signature of Authorised Officer City of Little Rock City Manager Applicant Title HUD APPROVAL The Project Development Budget and the Calculation of Federal Grant are hereby approved in the amounts shown in Column (d). The project shall be completed by , • Date Signature Title 221477-P HUD-Wash., D. C. HUD-6181 (2-661