HomeMy WebLinkAbout10470I RESOLUTION NO. 10 470
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a A RESOLUTION OF INTENT TO SUPPORT THE
4 APPLICATION OF THE CENTRAL ARKANSAS
5 TRANSIT AUTHORITY FOR A GRANT FROM THE
6 U.S. DEPARTMENT OF TRANSPORTATION FOR THE
7 LIVABLE COMMUNITIES CONCEPT PLAN; AND FOR
a OTHER PURPOSES.
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10 WHEREAS, the Central Arkansas Transit Authority ( "CATA ") has been working
I with the cities of Little Rock and North Little Rock, as well as other local entities, to
12 develop a "Livable Communities Concept Plan," designed to achieve several mobility
is objections including:
14 The replacement of old CATA transit equipment with new
15 equipment;
16 The redevelopment of portions of downtown Little Rock and
17 North Little Rock;
is The development of a transit terminal parking garage
19 structure for the Block 2 area in downtown Little Rock; and,
20 The development of transit/pedestrian connections which
21 provide enhanced mobility linkages for the greater Little
22 Rock area; and
23 WHEREAS, the City of Little Rock has activitely participated in the development
24 of the Concept Plan for CATA's pursuit of substantial federal funding to assist in
25 meeting the Concept Plan objectives; and,
26 WHEREAS, the overall Concept Plan identifies approximately $25 million in
27 overall improvements, which will require a local commitment of approximately $10
28 million; and
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1 WHEREAS, it is anticipated that the City of Little Rock's share of this local
2 commitment including future commitments to additional CATA bus purchases could be
a from $4 million to $6 million over the next five years; and
4 WHEREAS, in order to proceed with the federal process, it is important for the
s Board of Directors of the City of Little Rock to state its intent to support the Livable
6 Communities Concept Plan and, to state its support for an outline of future funding
7 options available to support specifical local share commitments which will arise during
s the next several years, and
9 WHEREAS, CATA has approved a Livable Communities Concept Plan for
10 pursuit of Federal Transit Adminstration (FTA) funding which will enable CATA to
11 replace old buses, redevelop streetscapes in downtown Little Rock and North Little Rock,
12 create a transit terminal parking garage complex in the vicinity of Block 2 in Little Rock,
13 and develop other community related pedestrian/transit amenities which will greatly
14 enhance mobility for these communities, and
15 WHEREAS, the Board of Directors supports of the Livable Communities Concept
16 Plan and recognizes and agrees, to the extent possible under Arkansas law, to its future
17 local share obligation which could total from $4 million to $6 million during the next
18 three to five years, and
19 WHEREAS, the City of Little Rock has identified local resources that may
20 constitute its future share of this plan,
21 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
22 OF THE CITY OF LITTLE ROCK, ARKANSAS:
23 Section 1. The Board of Directors states its support for the CATA Livable
24 Communities Concept Plan and its intent to provide, consistent with Arkansas law, the
25 $4 million to $6 million in local resources, over the next three to five years, in future
26 local share commitments to CATA.
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1 Section 2. The Board of Directors notes that these local share commitments
2 include, but are not limited to, the following:
3 (A) Street repair and renovation accounts;
4 (B) A potential tax on tourist - oriented restaurant and
5 loding services;
6 (C) In -kind contributions related to the Livable
7 Communities Concept Plan project;
8 (D) Parking fees and charges that are not otherwise
9 pledged to existing parking deck bond issues;
10 (E) Surcharges to be assessed on the rental of vehicles
11 within the City;
12 (F) Potential local options gross receipts and
13 compensating use tax reveneus.
14 Section 3. The Board of Directors, to the extent provided by Arkansas law,
15 agrees to make available to CATA the required local share commitments to support its
16 share of the Concept Plan cost when such commitments become contracted to CATA by
17 the FTA.
18 ADOPTED: February 16, 1999
19 ATTEST: APPROVED:
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22 Robbie Hancock, City Clerk Jir4,bailey, Mayor
23 APPROVED AS TO LEGAL FORM:
24
26 Thomas M. Carpenter, C4ty Attorney
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