5663 RESOLUTION NO 5,663
A RESOLUTION AMENDING THE FIRST YEAR COMMUNITY
DEVELOPMENT BLOCK GRANT EMERGENCY HOME REPAIR
LOAN PROGRAM; REALLOCATING CERTAIN FUNDS IN THE
FIRST YEAR COMMUNITY DEVELOPMENT BLOCK GRANT
PROGRAM; AND FOR OTHER PURPOSES
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF
LITTLE ROCK, ARKANSAS.
SECTION 1. The First Year Community Development Block Grant
Emergency Home Repair Loan Program, which provided loans to low-
income owner-occupants for emergency home repairs shall henceforth
be known as the Emergency Home Repair Grant Program. All out-
standing loans made under the Emergency Home Repair Loan Program,
which total approximately $13 , 400 . 00 are hereby considered to
be grants and are hereby cancelled.
SECTION 2 . The following excess funds from the First Year
Community Development Block Grant Program are hereby reallocated
as follows :
$69,200 . 00 in excess funds from the First Year Sidewalk Project
1 , 136 .00 in excess funds from the First Year Technical
Assistance Project are reallocated to:
a) Street & Drainage Improvements (Stephens
Area $35,000 . 00
b) Street & Drainage Improvements (Model
Cities Area) 22 ,000 . 00
c) Park Site Improvements - War Memorial
Park 6 ,200 . 00
d) Park Site Improvements - Ottenheimer
Park 1, 136 .00
e) Park Site Improvements - Contingency 6 , 000 . 00
SECTION 3 . This Resolution shall be in full force and
effect from and after its adoption.
ADOPTED: February 1, 1977
ATTEST: 1,22 APPROVED: Q
City Clerk Mayor