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HomeMy WebLinkAbout10096ORDINANCE NO. 10,096 AN ORDINANCE APPROPRIATING THE UM S OF SEVENTY - ONE THOUSAND FIVE HUNDRED AND THIRTY -FOUR DOLLARS AS A CASH GRANT -IN -AID TO THE HOUSING AUTHORITY OF THE CITY OF LITTLE -ROCK, ARKANSAS, IN.CONNECTION WITH THE ACQUISITION, CLEARANCE AND URBAN REDEVELOPMENT OF THAT SLUM AND BLIGHTED AREA IN THE CITY OF LITTLE ROCK DESCRIBED IN THE PHILANDER SMITH REDEVELOPMENT PLAN, PROJECT ARK R -1; DECLARING AN EMERGENCY; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. That the sum of Seventy -one Thousand Five Hundred and Thirty -Four Dollars be and hereby is appropriated out of the General Fund of the City of Little Rock, Arkansas, payable to the Housing Authority of the City of Little Rock, Arkansas, as said City's cash grant -in -aid equal to one -third of the cost of acquisition, clearance and preparation for redevelopment of that slum and blighted area in said City described in the Philander Smith Redevelopment Plan, Project ARK R -1, as approved by Ordinance No. 9991 adopted by the City Council of said City on the 19th day of December, 1955, as amended by Ordinance No. 9999, adopted on the 9th day of January, 1956. SECTION 2. That the fiscal officers of the City of Little Rock be and hereby are authorized and directed to do all things necessary and appropriate to cause said sum of Seventy -One Thousand Five Hundred and Thirty -Four Dollars to be paid out of said City's General Fund to the order of said Housing Authority of the City of Little Rock, Arkansas. SECTION 3. It is hereby found and declared to be a fact that consummation of the Philander Smith slum clearance and urban redevelopment project is immediately necessary for the preservation of the public health, welfare, morals and peace. An emergency is - 2 - therefore declared to exist and this ordinance shall take effect immediately upon its passage and approval. PASSED: March 26, 1956 ATTEST: APPROVED: j `W - f Q2,, City Clerk Mayor