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ORDINANCE NO. 111,706
AN ORDINANCE APPROPRIATING FIVE HUNDRED
NINETY TWO THOUSAND, THREE HUNDRED SEVENTY
TWO AND 42/100 DOLLARS ($592,372.42) FROM
UNAPPROPRIATED BALANCE IN THE GENERAL FUND
FOR PURCHASE OF NEW BUSES; AUTHORIZING PAY-
MENT OF SAID SUM AND OTHER APPROPRIATED
FUNDS TO GENERAL MTORS CORPORATION; AND
FOR OTHER PURPOSES.
WHEREAS, by Ordinance No. 11,638, the City of
Little Rock, Arkansas, has heretofore appropriated the sum
of Two Hundred Eighty Seven Thousand, Three Hundred Seventy
Two and 42/100 Dollars ($287,372.42) as a part of the purchase
price for new buses heretofore purchased from General Motors
Corporation, Coach Division; and,
WHEREAS, the United States of America has paid into
the general fund of the City of Little Rock the sum of Two Hund-
red Eighty Seven Thousand, Three Hundred Seventy Two and 42 /100
Dollars ($287,372.42) under a grant in aid for the purpose of
acquiring mass transportation facilities; and,
WHEREAS, Twin City Transportation Company has paid
into the general fund of the City of Little Rock the sum of Three
Hundred Five Thousand and No /100 Dollars ($305,000.00) as a
contribution toward the acquisition of said new buses; and,
WHEREAS, all of said sums aggregate a sum equal to
the purchase price of said new buses, which purchase price is
now due and owing to General Motors Corporation, Coach Division,
by the City of Little Rock;
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIREC-
TORS OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. There is hereby appropriated from unap-
propriated balance in the general fund the sum of Five Hundred
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Ninety Two Thousand, Three Hundred Seventy Two and 42/100 Dol-
lars ($592,372.42) for the purpose of paying to General Nbtors
Corporation, Coach Division, the purchase price of all buses
heretofore purchased from it by the City of Little Rock.
SECTION 2. The sum appropriated in Section 1 here-
of, together with the sum appropriated in Ordinance No. 11,638
heretofore passed by this Board of Directors, altogether con-
stituting Eight Hundred Seventy Nine Thousand, Seven Hundred
Forty Four and 84/100 Dollars ($879,744.84), shall be paid to
General Motors Corporation, Coach Division, and the City Mana-
ger and Director of Finance are authorized and directed to exe-
cute the necessary warrant or warrants in payment thereto.
SECTION 3. This ordinance shall be in full force
and effect from and after its passage and approval.
PASSED: February 7, 1966
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ATTEST ��,,s/ APPROVED:
City Clerk Mayor