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HomeMy WebLinkAbout121961 2 RESOLUTION NO. 12,196 3 A RESOLUTION TO AUTHORIZE THE ALLOCATION OF UP 4 TO FIVE HUNDRED THOUSAND DOLLARS ($500,000.00) 5 FROM THE 2004 ISSUANCE AND RESERVE FUND TO THE 6 ANIMAL SERVICES SHELTER IMPROVEMENT FUND FOR 7 CONSTRUCTION OF A NEW ANIMAL SHELTER; AND FOR 8 OTHER PURPOSES. 9 10 WHEREAS, the 2004 Bond issue initially allocated $1,200,000.00 for 11 improvements to the Little Rock Animal Services facility, including but not limited to 12 construction of a new Animal Services shelter, and 13 WHEREAS, the Little Rock Animal Services Advisory Board and the Bond 14 Progress Committee approved plans to construct a new animal shelter on city-owned 15 property as the best long-term investment of allocated bond proceeds, and 16 WHEREAS, architect estimates and actual bids indicate that additional funds 17 will be needed to complete the project in order to provide a functional animal services 18 shelter, and 19 WHEREAS, after identifying the necessary facilities and minimizing shelter 20 design without reducing kennel capacity, it has been estimated that the cost to complete 21 this bond project, including architect fees, is approximately One Million, Eight Hundred 22 Thousand Dollars ($1,800,000.00), and 23 WHEREAS, approximately $100,000.00 has been donated by citizens for 24 construction of the new Animal Services facility, and 25 WHEREAS, the bond covenants state that interest earned on the bond proceeds 26 will be used first to complete promised projects, and [PAGE 1 OF 2] Resolution To authorize allocation for Animal Services Shelter Improvements 1 2 3 WHEREAS, the Bond Progress Committee approved the use of $500,000.00 of interest for this purpose; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF 4 THE CITY OF LITTLE ROCK, ARKANSAS: 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Section 1. The Board of Directors hereby authorizes the allocation of an amount not to exceed Five Hundred Thousand Dollars ($500,000.00) for completion of the Little Rock Animal Services Facility bond project. Section 2. Funds for this purpose are to be allocated from the 2004 Issuance and Reserve Fund and transferred to the Animal Services Shelter Improvement Fund. Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or adjudication shall not affect the remaining portions of the resolution which shall remain in full force and eftect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the resolution. Section 4. Repealer. All laws, ordinances, resolutions, or parts of the same, that are inconsistent with the provisions of this resolution, are hereby repealed to the extent of such inconsistency. ADOPTED: January 17, 2006 21 ATTEST: 22 23 Na cy Wo d, City Clerk 24 25 APPR VED AS TO LEGAL FORM: 26 � 27 Thomas M. Carpenter, City torney 28 // [PAGE 2 OF 2] ae,oiurso� To authorize allocation tor Animal Services Shelter Improvements APPROVED: � ji ailey, Mayor