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ORDINANCE NO.
17,026 •
AN ORDINANCEAPPROPRIATING $190,000 FROM THE
CITY'S EXCESS INTEREST EARNINGS ACCOUNT OF
THE 1988 CAPITAL IMPROVEMENT BOND FUND TO
PROVIDE . ADDITIONAL FUNDING FOR THE
NEIGHBORHOOD STREETS PROJECTS.
WHEREAS, Little Rock, Arkansas Ordinance 15,473 appropriated $18,675,000
for the purpose of constructing, repairing and widening streets in the city; and
WHEREAS, previous Board actions have appropriated approximately $9,745,000
to provide funding for neighborhood streets projects; and
WHEREAS, additional funding is required to complete the planned projects; and
WHEREAS, Resolution No. 9,237 (September 6, 1994) expressed the Board of
Director's intent to provide additional funding to complete these projects and excess
interest earnings are now available.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. There is hereby appropriated the sum of $190,000 from the City's
excess interest earnings account of the 1988 Capital Improvement Bond Fund to
Account No. 301- 220 -0061 for additional construction costs for the neighborhood streets
projects.
PASSED: November 21, 1995
ATTEST:
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APPROVED AS TO FORM:
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APPROVED:
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