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HomeMy WebLinkAbout168671 rn 2 i 3 N 0 4 0000 5 6 x 7 z7 8 O 9 a) 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 C ORDINANCE NO. 16,867 9 141 AN ORDINANCE AUTHORIZING THE CITY MANAGER TO APPROPRIATE $140,000 FOR PARTIAL DEMOLITION AND FOR BOARDING AND SECURING KRANKR SCHOOL AT 715 SHERMAN STREET. WHEREAS, staff has completed preliminary cost estimates on partial demolition and securing Kramer School; and WHEREAS, the estimates exceed the Board approved allocation of $150,000; and WHEREAS, Ordinance No. 16,840 resulted in the City Attorney obtaining an "order of entry" for Kramer School; and WHEREAS, the owner does not agree to the amount offered and is asking $500,000; and WHEREAS, the final amount will be resolved by the courts; and WHEREAS, in order to complete the demolition and mothballing, an additional appropriation of $140,000 is needed to finish the project. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS; SECTION 1. The City Manager is hereby authorized to allocate an additional $140,000 for partial demolition and for boarding and securing Kramer School at 715 Sherman Street. SECTION 2. Funding for this project will be taken from the General Fund balance. PASSED: march 21, 1995 i:V W 4:+t. ikq w u•' F1 U!J • si APPROVED: �67 JIM DAILEY MAYO!RJ