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RESOLUTION NO. 10,136
A RESOLUTION TO COMMIT THE CITY OF LITTLE
ROCK, ARKANSAS, TO PROVIDE FIFTEEN MILLION
DOLLARS FOR THE SITE PREPARATION OF THE
CLINTON PRESIDENTIAL LiBRARY; DIRECTING
THE CITY MANAGER TO PRESENT FUNDING
MECHANISMS AS A PART OF THE BUDGET
PROCESS; AND FOR OTHER PURPOSES.
WHEREAS, the Board committed to create a Clinton Presidential Park in Little
Rock, Ark., Resolution No. 10,E (November 7, 1997), and understood that this park would
be the site of the William Jefferson Clinton Presidential Library; and
WHEREAS, the Board has committed to have the site for the Presidential library
prepared so construction can begin at such time as the foundation formed to pay the costs to
build this library is ready to start construction; and
WHEREAS, this commitment requires the City Manager to be able to present
funding mechanisms to meet these commitments as a part of the 1998 budget process.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The Board of Directors affirms its commitment to approve
approximately $15 million dollars of financial support:
(A) For the purchase of 26.6 acres, more or less, as the site of the Clinton
Presidential Park;
(B) To make improvements to a railroad bridge so it can be used as a pedestrian
bridge and the northern entrance to the Clinton Presidential Park;
(C) To relocate a rail line in order to create a light rail system to the park and other
City parks; and,
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(D) To complete any necessary site preparation so the foundation formed to pay
the costs to construct the Clinton Presidential Library can begin construction when it desires
to do so.
SECTION 2. The City Manager is instructed to explore, as a part of the 1998 budget
process, funding mechanisms necessary to incorporate this commitment into the 1998 budget.
SECTION 3. The City Manager is instructed to begin land acquisition, bridge
development, and railroad relocation efforts as soon as practicable in accordance with the
provisions of this resolution.
ADOPTED: NOVEMBER 18, 1997
ATTEST:
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ROBBiE HANCOCK
CITY CLERK
APPROVED AS TO LEGAL FORM:
THOMAS M. CAR
CITY ATTORNEY
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APPROVED:
Jl AILEY
MAVOR
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