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RESOLUTION NO. 7,676
A RESOLUTION REALLOCATING 11th YEAR (FY 1985)
COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS;
ALLOCATING 12th YEAR (FY 1986) ENTITLEMENT;
AND AUTHORIZING AMENDMENT OF THE 12th YEAR
PROJECTED USE OF CDBG FUNDS.
C
413
WHEREAS, unencumbered budget balances for some 11th Year
CDBG street and drainage projects will not be required to
complete them; and
WHEREAS, the City of Little Rock has received additional
12th Year CDBG entitlement funding in the amount of $330,000.00;
and
WHEREAS, the CDBG Coordinating Committee for citizen
participation planning has recommended use of these funds
according to the attached schedule.
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 transfer
unencumbered balances totaling $250,000.00 from 11th Year CDBG
street and drainage projects to the 12th Year Program, and to
appropriate that amount along with $330,000.00 in additional CDBG
fundings as per the attached list of activities for the 12th Year
CDBG Program.
SECTION 2.
the City's "Final
and Projected Use
these appropriatio
ADOPTED: November
CITY CLERK JANE
The City Manager is hereby authorized to amend
Statement of Community Development Objectives
of Funds" for the CDBG 12th Year to reflect
ins.
4, 1986
MARK STODOLA, CITY ATTORNEY
t � BVED: �
/rrl ,4 Gf.�u. drat
A TING MAYOR TOM MILTON
C
i
-s
AMENDMENT TO TWELFTH YEAR (FY 1986) CDBG
PROJECTED USE OF FUNDS
Funds to be Programmed:
Additional 12th Year Entitlement Funding $330,000.00
11th Year Funds to be Reallocated 252,000.00
TOTAL $582,000.00
Proposed Uses:
Improvement of outfall drainage
facilities
from Peyton Street, 17th to 23rd
5 40,000.00
Improve outfall drainage facilities
from
Elm Street, 16th to 20th
80,000.00
Improve grade approach to Asher
from Oak
and 27th Streets (in connection
with
reconstruction of 27th, Cedar to
Oak
30,000.00
Reconstruction of Brown Street,
15th to
18th Streets
120,000.00
Reconstruction of Ludwig Street,
40th
to 42nd Streets
90,000.00
Reconstruction of Longcoy, 36th
to
38th Streets
72,000.00
Site preparation for affordable
housing
pilot project, northeast of intersection
of 6th and Fletcher Streets
150,000.00
TOTAL
$582,000.00