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5370 RESOLUTION NO. 5,370 A RESOLUTION REQUESTING THE ARKANSAS CONGRESSIONAL DELEGATION TO SUPPORT THE RE-ENACTMENT OF GENERAL REVENUE SHARING; AUTHORIZING THE MAYOR TO MAKE KNOWN THE POSITION OF THE BOARD OF DIRECTORS TO THE CONGRESSIONAL DELEGATION; ENCOURAGING THE CITIZENS OF LITTLE ROCK TO SUPPORT RE-ENACTMENT OF GENERAL REVENUE SHARING; REQUESTING CITY MANAGER TO PREPARE STUDY OF VARIOUS SOURCES OF REVENUE; AND FOR OTHER PURPOSES. WHEREAS, the financial resources of the City of Little Rock are receiving ever increasing pressure from the forces of inflation; and WHEREAS, the citizens of the City of Little Rock need and deserve the highest quality of public facilities and services possible; and WHEREAS, the loss of General Revenue Sharing would cause an immediate cutback in the present level of municipal services in Little Rock. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The Arkansas Congressional Delegation is requested to support re-enactment of General Revenue Sharing and that annual appropriations be increased upward at least in keeping with the rate of inflation. SECTION 2. The Mayor of the City of Little Rock is hereby authorized to convey the sentiments of the Board of Directors to the Arkansas Congressional Delegation in the manner in which he feels most appropriate. SECTION 3. The citizens of Little Rock are urged and encouraged to write their Congressmen urging support for re-enactment of General Revenue Sharing. SECTION 4. The City Manager is hereby requested to complete a study of existing ways for the City of Little Rock to raise revenues, and a means of enacting a City Income Tax for revenue purposes and present his recommendations to the Board of Directors for consideration. SECTION 5. This Resolution shall be in full force and effect from and after its adoption. ADOPTED: May 6, 1975 4 ATTEST: APPROVED: City Clerk Mayor