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HomeMy WebLinkAbout124521 RESOLUTION NO. 12,452 2 3 A RESOLUTION TO EXPRESS THE WILLINGNESS OF THE CITY OF LITTE ROCK TO 4 UTILIZE FEDERAL -AID HIGH PRIORITY PROJECT FUNDS FOR REPAYMENT OF THE 5 LEASE TO THE TRUST FOR PUBLIC LAND AND TO AUTHORIZE THE CITY MANAGER TO 6 EXECUTE ALL NECESSARY DOCUMENTS; AND FOR OTHER PURPOSES. FA 8 WHEREAS, the Trust for Public Land, a charitable nonprofit corporation whose primary 9 purposes include the acquisition and preservation of open space for public benefit, assisted the City 10 of Little Rock with the purchase of Union Pacific Railroad property for the Arkansas River Trail; and 11 WHEREAS, federal funds totaling One Hundred Thirty -six Thousand Dollars ($136,000.00) are 12 available to assist in the final payment of this debt to the Trust for Public Land; 13 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE 14 ROCK, ARKANSAS: 15 Section 1. The City Manager, or his designee, is hereby authorized and directed to execute all 16 appropriate agreements and other documents necessary to obtain the federal -aid high priority project 17 funds which will be utilized for repayment of the lease to the Trust for Public Land. 18 Section 2. Severability. In the event any title, section, paragraph, item, sentence, clause, 19 phrase, or word of this resolution is declared or adjudged to be invalid or unconstitutional, such 20 declaration or adjudication shall not affect the remaining portions of the resolution which shall remain 21 22 23 24 25 26 27 28 29 30 31 in full force and effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the resolution. Section 3. 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ordinances, resolutions, or parts of the same, that are inconsistent with the provisions of this resolution, are hereby repealed to the extent of such inconsistency.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: February 20, 2007 ATTEST: Nanc Wood, C' y Clerk 32 33 34 APPROVED AS TO FORM: 35 37 Thomas M. Carpenter, Cityottorney 38 [PAGE 1 OF 1 ] Resolution To express willingness to utilize federal -aid funds APPROVED: � Mark Stodola, Mayor � G Erma Hendrix, Director (Ward 1)