6218 RESOLUTION NO . 6 , 218
A RESOLUTION DECLARING THE INTENT OF THE
CITY OF LITTLE ROCK, ARKANSAS TO BUDGET
AND APPROPRIATE NOT LESS THAN THE SUM OF
$502 , 000 FOR THE YEAR 1980 TO BE USED IN
DEFRAYING THE COST OF THE PUBLIC MASS
TRANSPORTATION SYSTEM OWNED BY THE CITY
OF LITTLE ROCK, ARKANSAS , AND FOR OTHER
PURPOSES .
WHEREAS , for the calendar and fiscal year 1979 Pulaski
County and Little Rock, Arkansas , being the owners of the
public mass transportation system serving Little Rock and
other areas of Pulaski County, have each appropriated
revenue used to sustain and support the said system respec-
tively in the amounts of $251 , 000 and $502 , 000 for a total
public support of $753 , 000 ; and
WHEREAS , both Pulaski County and the City of Little Rock
recognize the continuing need for public financial support to
the said system and for the calendar year 1980 of not less
than the 1979 appropriations ; and
WHEREAS , the Urban Mass Transportation Administration
of the United States Department of Transportation has advised
that commitments to provide public financial support to the
system in advance of legal appropriations would be accepted
by that agency allowing processing of applications for
federal funds and grant contracts prior to January 1 of the
year in which funds are to be paid, thus expediting the re-
ceipt of such funds by the operating agency ; and
WHEREAS , both Pulaski County and the City of Little Rock,
Arkansas desire to take every feasible affirmative action in
an effort to obtain federal grant monies at the beginning of
each year rather than at the end of each year , thus hopefully
avoiding the need for the system to periodically borrow money
for operating purposes .
NOW THEREFORE , BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS .
* r
SECTION 1 . The City of Little Rock, Arkansas hereby
declares its intent to budget and appropriate not less
than the sum of $502 , 000 for the year 1980 to be used in
defraying the cost of operating the public mass transporta-
tion system owned by the City of Little Rock, Arkansas and
Pulaski County, Arkansas and serving the areas of Little Rock
and other areas of Pulaski County, Arkansas .
SECTION 2 . This Resolution shall be in full force and
effect from and after its adoption.
ADOPTED: October 2 , 1979
ATTEST: ( APPROVED : //d/j
City Clerk Mayor