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HomeMy WebLinkAbout10356• • '4A 1 RESOLUTION NO. 10.356 3 A RESOLUTION IN SUPPORT OF EMPOWERMENT 4 ZONE APPLICATION FOR PULASKI COUNTY. 5 6 WHEREAS, the U.S. Department of Housing and Urban Development has 7 announced the second grant round of the Empowerment Zone Program; and 8 WHEREAS, Urban communities selected for the second grant round of the 9 Empowerment Zone Program may receive up to $10 million per year for ten years; and 10 WHEREAS, the Empowerment Zone grant funds are to be leveraged with other 1 I community resources, amplifying their overall impact; and 12 WHEREAS, residents of the urban core of Little Rock and North Little Rock 13 are disproportionately affected by poverty and underemployment; poor housing; higher 14 than average levels of unemployment and crime; lower tan average levels of educational 15 attainment; and 16 WHEREAS, the impacts of the Empowerment Zone Program would raise the 17 standard of living in the designated area and lift many residents out of poverty; and 18 WHEREAS, the central areas of Little Rock and North Little Rock, along with 19 certain developable sites meet the Empowerment Zone demographic criteria; and 20 WHEREAS, the process of preparing the Empowerment Zone Program has been 21 inclusive, involving community residents, representatives of community based 22 organizations and nonprofit agencies, local governments, school districts, post secondary 23 education institutions, medical institutions, business and industry, financial institutions, 24 and philanthropic organizations; and 25 WHEREAS, the Empowerment Zone Program proposal accurately represents an 26 analysis of community conditions and a feasible strategic plan and program and project 27 proposals to create communities of opportunity. 28 (Corrected 9- 21 -98.) 436 1 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS 2 OF THE CITY OF LITTLE ROCK, ARKANSAS: 3 SECTION 1. The Mayor is hereby authorized to execute all documents required to 4 be included in the Empowerment Zone Program proposal and application for funding. 5 6 Adopted: September 15, 1998 7 8 9 Attest: 10 11 �I � 12 13 Robbie Hancock, City Clerk 14 15 16 17 18 Approved as to Legal Form: 19 20 21 22 trLl • a 23 Thomas M. Carpenter, Ci Attorney 24 25 Approved: iltit Wj 4-�� (;4) Jim Dailey, Mayor