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HomeMy WebLinkAbout11490J ORDINANCE NO. 11,490 AN ORDINANCE APPROPRIATING SIX THOUSAND SEVEN HUNDRED EIGHTEEN AND 06/100 DOLLARS ($6,718.06) TO STREET RIGHT -OF -WAY FUND PRO- JECT 2- CANTRELL ROAD; APPROVING PAYMENT TO THE ARKANSAS STATE HIGHWAY DEPARTMENT OF THE SUM OF SIXTY FIVE THOUSAND SEVEN HUN- DRED TWENTY THREE AND 76/100 DOLLARS ($65,723.76) FOR THE CITY'S SHARE OF COSTS INCURRED BY THE STATE HIGHWAY DEPARTMENT FOR RIGHT - OF -WAY ON CANTRELL ROAD; AND FOR OTHER PURPOSES. WHEREAS, the City of Little Rock has previously appropriated Five Hundred Twenty Six Thousand Four Hundred Thirteen and 56/100 Dollars ($526,413.56) to Street Right -of -Way Fund Project 2- Cantrell Road and has expended Four Hundred Sixty Seven Thousand Four Hundred Seven and 86/100 Dollars ($467,407.86), leaving an unencumbered balance of Fifty Nine Thousand Five and 70/100 Dollars ($59,005.70); and WHEREAS, an additional appropriation of Six Thousand Seven Hun- dred Eighteen and 06 /100 Dollars ($6,718.06) is needed in order to pay the Arkansas State Highway Department the sum of Sixty Five Thousand Seven Hundred Twenty Three and 76/100 Dollars ($65,723.76) for the City's share of costs incurred by said Department for right -of -way on Cantrell Road; NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. There is hereby appropriated from unappropriated balance in the Street Right -of -Way Fund the sum of Six Thousand Seven Hundred Eighteen and 06/100 Dollars ($6,718.06) to Street Right- of -Way Fund Project 2- Cantrell Road. SECTION 2. There is hereby approved the expenditure of Sixty Five Thousand Seven Hundred Twenty Three and 76/100 Dollars ($65,723.76) from said Project 2 to the Arkansas State Highway Department as the City's share of costs incurred by said Highway Department for right -of- way on Cantrell Road. SECTION 3. The City Manager and Director of Finance are hereby authorized and directed to issue the necessary warrant in payment of Cc =,C -. ?"i F - -13 j -2- moneys approved in Section 2 hereof. SECTION 4. This ordinance shall be in full force and effect from and after its passage. PASSED: May 4, 1964 ATTEST APPROVED: City Clerk Mayor.