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HomeMy WebLinkAbout12479I RESOLUTION NO. 12,479 2 3 A RESOLUTION TO APPROVE THE USES OF THE BALANCE OF 2006 HOME 4 FUNDS; AND FOR OTHER PURPOSES. 5 6 WHEREAS, the City of Little Rock received $3,225,680.00 in 2006 HOME funds from the 7 Department of Housing and Urban Development, and 8 WHEREAS, on September 6, 2005, the Little Rock Board of Directors approved funding for a 9 portion of the 2006 HOME Program Grant (Res.12,090), and 10 WHEREAS, at that time, funding was set aside for CHDO's and for undesignated projects, and 11 WHEREAS, at least two (2) public hearings have been conducted in order to assure the 12 maximum citizen input possible; 13 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE 14 ROCK, ARKANSAS: 15 Section 2. The Board approves the submission of the following projected uses of 2006 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Home Investment Partnership Funds: (A) Black Community Developers, Inc. $ 300,000 (B) D Et A Doyne Ltd. Partnership 100,000 (C) Michael Smith Et Assocs., Inc. 100,000 (D) The ARC Arkansas 130,000 (E) LR Community Mental Health 68,188 Total $698,188 Section 2. 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 effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the resolution. Section 3. Repealer. All ordinances and resolutions are hereby repealed to the extent of such inconsistency. ADOPTED: April 3, 2007 ATTEST: N cy Woo City Clerk Resolution Approve Balance of 2006 HOME Funds [PAGE 1 OF 2] APPROVED: Mark Stodola, Mayor 1 3 4 5 APPROVED AS TO LEGAL FORM: 6 8 Thomas M. Carpenter, City Attorn 9 10 11 // 12 13 14 15 16 17 18 19 20 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // Resolution [PAGE 2 OF 2] Approve Balance of 2006 HOME Funds Erma Hendrix, Director (Ward 1)