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HomeMy WebLinkAbout165991 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 • 123 ORDINANCE NO. 16,599 AN ORDINANCE TO APPROPRIATE MONIES FOR THE CENTRAL ARKANSAS TRANSIT AUTHORITY, DECLARING AN EMERGENCY; AND FOR OTHER PURPOSES. WHEREAS, the City of Little Rock participates with the Central Arkansas Transit Authority ( "CATA") in order to provide mass transportation bus service to the citizens of Central Arkansas; and WHEREAS, a portion of the one -half cent sales tax was to assist in the funding of capital improvements for CATA on a matching basis with the federal government, and other funds were to assist ongoing improvements with CATA; and WHEREAS, a task force on CATA has reviewed this request and recommends that this money be appropriated. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1: Up to the sum of $659,000 is hereby appropriated for payment to CATA for the purpose of capital improvements to the bus system to be matched by a Federal Transit Administration grant, provided that the CATA Board of Directors adopt a resolution agreeing the City of Little Rock will maintain a number of new buses in proportion to the funds appropriated by other participating governments. SECTION 2: Up to the sum of $274,328 to be paid to CATA after the appropriation set forth in Section 1 has been received in full, whether as matching funds or as operating funds. These funds are to be paid at the direction of the Director of Finance and are to be used for operations. These funds are in addition to operation funds for CATA heretofore budgeted. SECTION 3: These funds are to be taken from a designated special projects account established by the Director of Finance and identified to meet the purposes of this ordinance. 6-'7/ _ r 5 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 • • 1r� SECTION 4: Emergency. The ability to operate a fully capitalized and efficient mass transit system is essential to the public health, safety and welfare of a community the size of Little Rock. These funds are necessary to fulfill that purpose. An emergency is, therefore, declared to exist and this ordinance shall be in full force and effect from and after the date of its adoption. PASSED: February 15, 1994 APPROVED: Q 7�