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174
RESOLUTION NO. 8,67.8
A RESOLUTION AUTHORIZING THE CITY MANAGER
TO ENTER INTO ALL NECESSARY AGREEMENTS TO
CONSTRUCT BUILDINGS AT THE LITTLE ROCK
PORT AUTHORITY FOR LEASE TO A
MANUFACTURING FIRM.
WHEREAS, the Board of Directors of the City of Little Rock
recognizes that economic development is one of the keys to
maintaining a vibrant, progressive community, and
WHEREAS, the City has attracted a major manufacturing
company, R & G Sloane, to locate its corporate offices at the
Port in Little Rock, Arkansas, and
WHEREAS, the City is using Act 9 bonds to finance the
construction of a facility on the property of the Little Rock
Port Authority that can be used by manufacturing industries like
R & G Sloane, and
WHEREAS, initial design and development work on these
facilities needs to occur before such construction can be
undertaken pursuant to an Act 9 bond issue, and
WHEREAS, the Cromwell firm and May Construction Company
have been selected for the first phase of this work,
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The City Manager, upon approval of the language
by the City Attorney, is authorized to enter into all necessary
contractual agreements including those with May Construction
Company and the Cromwell firm for architectural, engineering,
and construction work necessary to complete buildings at the
Little Rock Port Authority that will be used by a manufacturing
firm leasing such premises from the City.
ADOPTED: March 17, 1992
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t - �. .
APPROVED AS TO .O.
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