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HomeMy WebLinkAbout14216r :.: 0 0 ORDINANCE NO.14,216 AN ORDINANCE APPROPRIATING ONE MILLION, FIFTY -THREE THOUSAND, FOUR HUNDRED SIXTY DOLLARS AND FIFTY -SIX CENTS ($1,053,460.56) FROM THE FUNDS ALREADY ALLOCATED IN THE BOND FUND OF THE 1977 CAPITAL IMPROVEMENT FUND TO BE USED FOR THE JOHN BARROW ROAD IMPROVEMENT PROJECT; AUTHORIZING THE CITY MANAGER AND THE DIRECTOR OF FINANCE TO PROVIDE FUNDS TO THE ARKANSAS STATE HIGH- WAY AND TRANSPORTATION DEPARTMENT FOR FEDERAL AID URBAN MATCHING FUNDS AND OTHER SUPPORTING COSTS; AND FOR OTHER PURPOSES. WHEREAS, one million, two hundred fifty -two thousand, nine hundred and ninety -four dollars ($1,252,994.00) has previously been allocated from funds in the 1977 Capital Improvement Fund to be used for the John Barrow Road Improvement Project and one appropriation of one hundred ninety -nine thousand, five hundred thirty7three dollars and forty -four cents ($199,533.44) has already been made from the total allocated for the project; and WHEREAS, it is now necessary to appropriate the funds remaining in the allocation for the John Barrow Road Improvement Project. NOW,THEREFORE, BE IT ORDAINED by the Board of Directors of the City of Little Rock, Arkansas: Section 1. One million, fifty -three thousand, 209 four hundred sixty dollars and fifty -six cents ($1,053,460.56) are hereby appropriated from the funds already allocated in the Bond Fund of the 1977 Capital Improvement.Fund to be used for the John Barrow Road Improvement Project. Section 2. The City Manager and Director of Finance are hereby authorized and directed to provide funds to the Arkansas State Highway and Transportation Department for Federal Aid Urban matching funds and other supporting costs. 210 Section 3. This Ordinance shall be in full force and effect from and after its passage and approval. PASSED: March 16, 1982 ATTEST : QQM APPROVED : V f�Y CLE MAYOR -2-