HomeMy WebLinkAbout81921 RESOLIITION NO.
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4 A RESOLUTION AUTHORIZING THE EXPENDITURE OF FUNDS
5 FROM THE 1988 CAPITAL IMPROVEMENT BOND PROJECT FOR
6 IMPROVEMENTS TO HISTORIC BUILDING FACADES AS APPROVED
7 IN THE CENTRAL BUSINESS DISTRICT.
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10 WHEREAS, Ordinance #15,473 appropriated funds from the 1988
11 Capital Improvement Bond sale proceeds for projects which
12 included: $800,000 for the purpose of matching on a
13 dollar- for - dollar basis funds provided for South Main Improvement
14 District and the Facade Grant Program; and
15 WHEREAS, Ordinance #15,499 appropriated $300,000 for the
16 South Main Improvement District project, thereby leaving a balance
17 of $500,000 to be used for the Facade Grant Program; and
18 WHEREAS, Resolution #8146 authorized the expenditure of
19 $500,000 for improvements to the Historic Building facades as
20 approved by the Architectural Review Committee; and
21 WHEREAS, Resolution #7886 has previously allocated monies
22 to be used for facade improvements to the Arkansas Repertory
23 Theatre project; and
24 WHEREAS, the Architectural Review Committee for the Facade
25 Grant Program has reviewed and approved additional applications
26 for specific projects.
27 NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
28 THE CITY OF LITTLE ROCK, ARKANSAS:
29 SECTION 1: The City Manager is hereby authorized to expend
30 funds from the 1988 Capital Improvement Bond Project, Account No.
31 301 -8516 for the following projects and the specific amounts
32 listed:
33 300 SPRING BUILDING AT 300 SPRING STREET $29,050
34 AUDIO VISUAL COMMUNICATIONS AT 1123 W. 3RD $14,778
35 SECOND BAPTIST CHURCH AT 8TH & CUMBERLAND $56,065
36 TOTAL $99,893
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SECTION 2: This resolution shall be in full force and
effect from and after its passage and approval.
ADOPTED: September 5, 1989
ATTEST:
CI9 CLERK JANE CZECH
APPROVED AS TO
MARK STODOLA
APPROVED:
V�, IM, S. A . OW C/
MAYOR JLOYD G. VILLINES, III
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