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HomeMy WebLinkAbout5500 RESOLUTION NO 5,500 A RESOLUTION REPEALING RESOLUTION NO. 4 , 873; ABOLISHING THE "CITY OF LITTLE ROCK CRIME REWARD FUND"; TRANSFERRING FUNDS; AND FOR OTHER PURPOSES WHEREAS , on October 3 , 1972, the Board of Directors of the City of Little Rock adopted Resolution No. 4 , 873 which provided for the establishment of a "City of Little Rock Crime Reward Fund" into which citizens could place donations; and WHEREAS , the said fund accumulated the sum of $174 . 63 from which no disbursements have ever been made; and WHEREAS, inasmuch as the City has regularly budgeted funds for informants in excess of the said fund total , it seems appropriate to close the said account and transfer the said sum into the City ' s General Fund. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1. Resolution No . 4 , 873 adopted October 3, 1972 is hereby repealed in its entirety. Those funds in the amount of $174 . 63 placed in the "City of Little Rock Crime Reward Fund" , which said fund was created pursuant to provisions of said Reso- lution No. 4 , 873, are hereby transferred to the City' s General Fund and the "City of Little Rock Crime Reward Fund" is hereby closed. SECTION 2 . This Resolution shall be in full force and effect from and after its adoption. ADOPTED: March 2, 1976 ATTEST: ) APPROVED: 4: //tLAy City Clerk Mayo