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HomeMy WebLinkAbout121931 2 RESOLUTION N0.12,193 3 A RESOLUTION TO APPROVE THE USE OF $229,250 FOR THE 4 CONSTRUCTION OF THE RIVER MARKET PEDESTRIAN 5 BRIDGE; AND FOR OTHER PURPOSES. 6 7 WHEREAS, the City has obtained a grant from the Economic Development 8 Administration for the construction for the 3rd Street Extension (now completed) and a 9 new pedestrian bridge in the River Market Area, and 10 WHEREAS, the Game and Fish Commission is preparing plans for the 11 construction of a new Nature Center in the River Market Area, ard 12 WHEREAS, a pedestrian bridge would provide an important link to Clinton 13 Avenue, the Nature Center and the River Market Promenade; 14 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF 15 THE CITY OF LITTLE ROCK, ARKANSAS: 16 Section 1. The City Manager is hereby authorized to prepare plans and expend 17 up to $229,250 in grant match funds for construction of River Market Pedestrian Bridge. 18 Section 2. Funding for the project is available from an Economic Development 19 Administration grant (65%), the 3�d Street Extension project (304-220-Z015 and 210-220- 20 Z012), Fund 304 contingencies (304-220-A122) and if approved, short term financing. 21 Total project amount is $655,000 and the City share is $229,250. 22 Section 3. This resolution will be in full force and effect from and after the date 23 of its adoption. 24 ADOPTED: January 17, 2006 25 // [PAGE 1 OF 2] Resolution To approve funding for River Market Bridge 1 ATTEST: 2 3 4 a cy Wo , City Clerk 5 APPROVED AS TO LEGAL FORM: 6 7 ' 8 Thomas M. Carpenter, City Att ney 9 // 10 // 11 // 12 // 13 // 14 // 15 // 16 // 17 // 18 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // [PAGE 2 OF 2] Kesol u ti on To approve funding for River Market Bridge APPROVED: ` Jim ley, Mayor