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HomeMy WebLinkAbout11164ORDINANCE NO. 11,164 AN ORDINANCE APPROPRIATING MONEYS FROM THE GENERAL FUND OF THE CITY OF LITTLE ROCK, ARKANSAS, IN THE AMOUNT OF SEVENTY TWO THOUSAND SEVEN HUNDRED EIGHTY DOUR AND N0 1100 DOLLARS ($72,784.00) -FOR THE BENEFIT OF THE LITTLE ROCK HOUSING AUTHORITY; AND FOR OTHER PURPOSES. WHEREAS, on March 3, 1961, the sum of Fifty Thousand and N01100 Dollars ($50,000.00) was received from Philander Smith college and the sum of Twenty Two Thousand Seven Hundred Eighty Four and No /100 Dollars ($22,784.00) was received from Bethel AME church, which funds were paid into the City of Little Rock, Arkansas, constructively and for the benefit of the Little Rock Housing Authority; and WHEREAS, on March 3, 1961s the city of Little Rock, Arkansas, desires to pay all of the money so received, to -wit: Seventy Two Thousand Seven Hundred Eighty Four and No /100 Dollars ($72,784.00) to the Little Rock Housing Authority, the government entity, legally and equitably entitled thereto; and WHEREAS, it is the desire of the Board of Directors to acknowledge the above transaction and ratify and approve same; NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The receipt on March 3, 1961, by the city of Little Rock, Arkansas, of Fifty Thousand and No /100 Dollars ($50,000.00) from Philander Smith college and Twenty Two Thousand Seven Hundred Eighty Four and No /100 Dollars ($22,784.00) from Bethel AME church, all totaling Seventy Two Thousand Seven Hundred Eighty Four and No /100 Dollars ($72,784.00), is hereby acknowledged, ratified and approved. SECTION 2. There ib hereby appropriated from the General Fund of the city of Little Rock, Arkansas, the sum of Seventy Two Thousand Seven Hundred Eighty Four and No /100 Dollars ($72,784.00), payable to the Little Rock Housing Authority, representing the sums received by the City of Little Rock and to which the Little Rock Housing Authority was equitably and legally entitled, is hereby ratified, confirmed and approved. -.; :L - m 2 .. SEUTiON 3. This Ordinance shall be in full force and effect from and after its passage. PASSED: March 6, 1961 ATTEST: city clerk APPROVED: •1` M