HomeMy WebLinkAbout13362I RESOLUTION NO. 13,362
2
3 A RESOLUTION TO APPROVE CONSTRUCTION/REHABILITATION
4 OF EIGHT (8) SINGLE - FAMILY DWELLINGS AS PART OF THE
5 NEIGHBORHOOD STABILIZATION PROGRAM 2 (NSP2); AND FOR
6 OTHER PURPOSES.
7
8 WHEREAS, in January 2010, a funding agreement was executed allocating $8,602.359.00 to the
9 City of Little Rock Consortium, as a result of the City's application for funding from HUD through the
10 Neighborhood Stabilization Program 2 (NSP2); and
11 WHEREAS, the funds are to be utilized for the acquisition and redevelopment of abandoned,
12 foreclosed and nuisance properties for low to moderate - income beneficiaries; and
13 WHEREAS, the following eight (8) residential properties have been chosen for construction or
14 rehabilitation as part of the NSP2 Program, in the total bid amounts of Eight Hundred Fifty -Three
15 Thousand, Four Hundred Sixty -Three Dollars ($853,463):
16
17 Rymor Builders:
18 2609 West 13th Street - $117,000 — new construction
19 1900 Johnson Street - $109,000 — new construction
20 1916 Johnson Street - $83,673 — rehabilitation
21 1800 Brown Street - $78,240 — rehabilitation
22 Ford Property Homes:
23 3204 West 13th Street - $128,932 — new construction
24 2601 West 13th Street - $117,868 — new construction
25 Craig Custom Construction:
26 2502 West 18ath Street - $121,250 — new construction
27 DBI Construction:
28 3411 West 10th Street - $97,500 — rehabilitation
29
30 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
31 OF LITTLE ROCK, ARKANSAS:
32 Section 1: The Board of Directors hereby approves the use of NSP2 Funds for the
33 construction /rehabilitation of eight (8) residential structures as set forth herein.
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Section 2: Funds for the construction /rehabilitation of these structures will be charged to the NSP2
Program.
ADOPTED: September 6, 2011
ATTEST:
APPROVED AS TO LEGAL FORM:
Thomas M. Carpenter, tity A ney
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APPROVED: