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RESOLUTION NO. 10,180
A RESOLUTION AUTHORIZING THE CITY MANAGER
TO ENTER INTO AN AGREEMENT WITH G & S
BUILDERS, INC. TO PROVIDE $112,500 IN HOME
INVESTMENT PARTNERSHIP PROGRAM FUNDS FOR
CONSTRUCTION OF NINE (9) AFFORDABLE HOUSING
UNITS ON STILLMAN DRIVE FOR LOW INCOME
FIRST TIME HOME BUYERS.
492
WHEREAS; the proposal is consistent with the City's Consolidated Plan, which was
developed with extensive citizen participation, and identified the provision of standard,
affordable housing to low income persons as a high priority; and
WHEREAS; the houses will be affirmatively marketed and sold to low income, first
time home buyers.
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 enter into an agreement with G & S
Builders, Inc., in the amount of $112,500 for construction of nine (9) affordable housing units
on Stillman Drive in Southwest Little Rock.
SECTION 2. Funding for this project is available from the HOME Investment
Partnership Program.
SECTION 3. This resolution shall be in full force and effect from and after its
adoption.
IIIIIIIII' IIIII�
493
1 Adopted: October 20, 1998
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4 Attest:
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8 Robbie Hancock, City Clerk
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13 Approved as to Legal Form:
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17 Ct s
18 Thomas M. Carpenter ity Attorney
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Approved:
Jim Bailey, Mayor