HomeMy WebLinkAbout13189ORDINANCE NO 13,189
AN ORDINANCE APPROPRIATING THE SUM OF $106,440.46
AS THE CITY`S MATCHING FUNDS TO THE HIGH STREET
IMPROVEMENT PROJECT; AND FOR OTHER PURPOSES
WHEREAS, pursuant to the terms of a cooperation agreement
between the City of Little Rock and the Little Rock Housing
Authority dated March 30, 1970 the City of Little Rock committed
to pay the sum of $133,291.46 in cash matching funds to the High
Street Improvement Project, which wum was reserved at that time
in the City's General Fund; and
WHEREAS, in order to close out this project, it is the
desire of the Board of Directors that these funds should now be
paid to the United States Department of Housing and Urban Develop-
ment; and
WHEREAS, the City has accumulated the sum of $26,851.00 as
a credit on said Project.
NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS.
SECTION 1. The sum of $106,440.46 is hereby appropriated
from the General Fund of the City of Little Rock as the City's
matching funds to the High Street Improvement Project in order
that said Project may be closed out.
SECTION 2. This Ordinance shall be in full force and
effect from and after its passage.
PASSED: August 17, 1976
ATTEST APPROVED:
City Cle Mayo