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HomeMy WebLinkAbout2483 RESOLUTION NO. 2 A RESOLUTION AUTHORIZING THE EXPENDITURE OF ONE HUNDRED EIGHTY ONE AND 25/100 DOLLARS ($181 .25) FROM THE PERSONAL PROPERTY DAMAGE REVOLVING FUND CREATED BY ORDINANCE NO. 10,938 PAYABLE TO SWIFT & COMPANY OIL MILL AS FULL COMPROMISE AND SETTLEMENT FOR DAMAGES TO THEIR AUTOMOBILE ARISING OUT OF A COLLISION WITH A VEHICLE OWNED BY THE CITY OF LITTLE ROCK, ARKANSAS, WHICH OCCURRED ON THE 14TH DAY OF OCTOBER, 1959 , ON 14TH STREET BETWEEN MAIN AND LOUISIANA STREETS IN THE CITYCF LITTLE ROCK; DIRECTING THE CITY MANAGER AND DIRECTOR OF FINANCE TO EXECUTE THE NECESSARY WARRANT FOR THE SAID AMOUNT; AND FOR OTHER PURPOSES. WHEREAS, the City of Little Rock by Ordinance No . 10 ,938 , established standards and procedure for the processing of personal property damage claims made against the City of Little Rock and created a fund for this purpose; provided, however, that the City Manager would have authority to settle and pay claims not exceeding One Hundred Dollars ($100 .00) ; and WHEREAS , the claim of Swift & Company Oil Mill arising out of an automobile accident with a vehicle owned by the City of Little Rock exceeds the One Hundred Dollar ($100 .00) limitation ; and WHEREAS , the Board of Directors of said City desires to authorize payment to Swift & Company Oil Mill of the sum of One Hundred Eighty One and 25/100 Dollars ($181.25) as full compromise and settlement for damages to their automobile; NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1 . There is hereby approved the expenditure of One Hundred Eighty One and 25/100 Dollars ($181 .25) from the Personal Property Damage Revolving Fund created by Ordinance No . 10,938 payable to Swift & Company Oil Mill as full compromise and settlement for damages to their automobile arising out of a collision with a vehicle owned by the City of Little Rock, which occurred on the 14th day of October, 1959, on 14th Street between Main and Louisiana Streets in Little Rock, Arkansas . SECTION 2. The City Manager and Director of Finance are hereby authorized and directed to execute the necessary warrant for the payment of moneys authorized in Section 1 hereinabove. -2- SECTION 3 . This resolution shall be in full force and effect from and after its adoption . ADOPTED: February 15 , 1960 ATTEST: APPROVED: "s/i0t City Clerk Mayor.