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HomeMy WebLinkAbout4830 RESOLUTION NO 4,830 A RESOLUTION APPROVING AND ACCEPTING THE THIRD YEAR ACTION PROGRAM AND THE BUDGET THEREFOR FOR THE MODEL NEIGHBORHOOD OF THE CITY°S COMPREHENSIVE DEMONSTRATION PROGRAM. WHEREAS, the comprehensive city demonstration program (herein referred to as the "Comprehensive Program") for the model neighborhood of the City of Little Rock was approved by resolution adopted March 2, 1970; and WHEREAS, a grant agreement with the United States of America was executed on June 24, 1970 providing for Federal financial assistance under Title I of the Demonstration Cities and Metro- politan Development Act of 1966; and WHEREAS, amendments to the Comprehensive Program were approved by resolution adopted December 17, 1970 and April 18, 1972; and WHEREAS, the submission to the Secretary of Housing and Urban Development (herein called the "Secretary") of a proposed Third Year Action Program, amending the said Comprehensive Program, was authorized by resolution adopted April 18, 1972; and WHEREAS, the Secretary has approved a Third Year Action Program and has tendered a revised grant budget providing for an additional grant. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS THAT SECTION 1. The Third Year Action Program (which is attached hereto and made a part hereof) including the projects and activities described herein and set forth in the revised grant budget tendered by the Secretary, is hereby approved and the Comprehensive Program is deemed amended thereby. SECTION 2 . The City Manager is authorized to accept the revised grant budget (which is attached hereto and made a part hereof) . <4 lc SECTION 3 . The Board of Directors assumes full responsibility for assuring that all grant funds will be used in an economical and efficient manner in carrying out the Comprehensive Program, as amended, and assures the necessary non-Federal share of the cost of Program Administration. SECTION 4. The City Manager is authorized to do all things necessary to carry out the Comprehensive Program, including the submission of such reports, certifications, and other material as the Secretary shall require and the approval from time to time of revisions in the grant budget, including revisions which in- crease the total Federal grant and the necessary non-Federal share of the cost of Program Administration. SECTION 5. The Director of Finance or his successor or delegate may do all things required to be done in order to ob- tain payment of the grant, including but not limited to the selection of a commercial bank to receive payment vouchers, the submission of signature specimens, and the filing of requests for payment. SECTION 6. This Resolution shall be in full force and effect from and after its adoption. ADOPTED o July 5, 1972 Cjj ATTEST aj _ r4L APPROVED billi Clerk Mayor