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HomeMy WebLinkAbout10092RESOLUTION NO. 10,092 M M M M M A RESOLUTION AUTHORIZING THE CITY MANAGER TO UTILIZE FEDERAL FUNDING ASSISTANCE AND PROVIDE FIFTY PERCENT (50 %) MATCHING MONIES FOR DEVELOPMENT OF RECREATIONAL TRAILS WITHIN BOYLE PARK. WHEREAS, several neighborhood associations in the Boyle Park area have endorsed the recreational improvements taking place within the park; and WHEREAS, the City is eligible to receive grant monies from the Arkansas State Highway Department's Recreational Trails Fund Program; and WHEREAS, this program is a 50/50 match and will leverage a total of $40,000 for trail construction. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The City Manager is authorized to utilize federal funding assistance and provide 50% matching monies for development of recreational trails within Boyle Park. SECTION 2. Matching funds in the amount of $20,000 are available in the Boyle Park Improvements account number 303- 230 -0529. SECTION 3. This resolution shall be in full force and effect from and after its adoption. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 ADOPTED: ATTEST: October 7, 1997 ROBBIE HANCOCK CITY CLERK APPROVED AS TO FORM: THOMAS M. CARPE ER CITY ATTORNEY APPROVED: JIM PAILEY MAYOR 479