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HomeMy WebLinkAbout47-01 RESOLUTIONRESOLUTION NO. 47-01 A RESOLUTION TO AUTHORIZE THE MAYOR TO REQUEST RELEASE OF $193,460.00 APPROPRIATED IN ACT 1122 OF 2001 FOR THE RESEARCH AND TECHNOLOGY PARK WHEREAS, the Arkansas Legislature passed Act 1122 of 2001 appropriating funds for worthy projects authorized by the Economic Development of Arkansas Fund Commission, and WHEREAS, the First project listed was $193,460.00 for the Research and Technology Park at Fayetteville; and WHEREAS, these funds are much needed and will be very helpful for the economic development of Fayetteville and this whole region of Arkansas. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. The City Council hereby expresses its gratitude to the State Legislature, Governor Huckabee and the Economic Development of Arkansas Fund Commission for the appropnation of these needed funds for the Research and Technology Park in Fayetteville. Section 2. That the City Council hereby authorizes Mayor Dan Coody to formally request that the $193,460.00 be released to the City of Fayetteville for use in the Research and Technology Park pursuant to Act 1122 of 2001. PLAy..WED AND APPROVED this 3rd 64k, By: tali(' eather Woodruff, City Clerk day of April, 2001. APPROVED: By: AOgit ear DAN COODY, M • NAME OF FILE: Resolution No. 47-01 1 CROSS REFERENCE: 04/03/01 Resolution No. 47-01 04/09/01 Departmental Memo from City Clerk NOTES: FAYETTEVItLE THE CITY OF FAYETTEVILLE, ARKANSAS DEPARTMENTAL CORRESPONDENCE • To: Dan Coody, Mayor From: Heather Woodruff, City Clerk Date: April 9, 2001 Attached is a copy of the resolution authoring the Mayor to request release of $193,460 appropriated in Act 1122 of 2001 for the Research and Technology Park. The original will be microfilmed and filed with the City Clerk. cc: Nancy Smith, Internal Audit Jim Crider, Chamber of Commerce Alett Little, Economic Development