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HomeMy WebLinkAbout174921 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 ORDINANCE NO. 17,49'i • AN ORDINANCE TO AMEND ORDINANCE NO. 17,336 ("THE 1997 BUDGET ORDINANCE "); TRANSFERRING FUNDS FROM THE STREET FUND FOR INFRASTRUCTURE; AND REAPPROPRIATING FUNDS FROM THE 1996 GENERAL FUND CARRYOVER TO THE GENERAL FUND BALANCE. WHEREAS, the 1996 Street Fund has $500,000 carryover that could be used for infrastructure; and WHEREAS, the 1996 General Fund carryover of $500,000 was appropriated in the 1997 budget for infrastructure. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. That the sum of $500,000 from the 1996 Street Fund carryover be transferred and appropriated to the reserve for the Infrastructure Account. SECTION 2. That the sum of $500,000 appropriated in the 1997 Budget from 96 General Fund carryover for infrastructure be freed up and reappropriated to the General Fund balance. PASSED: May 20, 1997 ATTEST: RR B� B K CITY CLERK APPROVED AS TO FORM: THE CARPENTER()� CITY ATTORNEY APPROVED: I %,I� 375