ORD NO 22-2008 CITY OF VAN BUREN, ARKANSAS
ORDINANCE NO. -2008
BE IT ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN,
ARKANSAS AN ORDINANCE TO BE ENTITLED:
AN ORDINANCE TO AUTHORIZE THE MAYOR TO
ACCEPT AND ADMINISTER AN ARKANSAS ECONOMIC
DEVELOPMENT COMMISSION GRANT, ON BEHALF OF
THE CITY OF VAN BUREN; ALLOCATING MATCHING
FUNDS FOR CAPITOL IMPROVEMENTS; DECLARING AN
EMERGENCY; AND FOR OTHER PURPOSES.
WHEREAS The City of Van Buren has been awarded a grant from the Arkansas Economic
Development Commission in the amount of one hundred twenty- thousand dollars
($120,000.00) from HUD Community Development Block Grant Funds; and
WHEREAS These funds are to be utilized for capital improvements to the Experian's parking lot,
within the City of Van Buren, which the City holds a long term lease to; and
WHEREAS This grant is for matching funds, and as such the City will need to allocate and
0 appropriate another one hundred twenty thousand dollars ($120,000.00) from capital
improvement funds to complete this project; and
WHEREAS In return for the improvements hereto, which will increase the operation life of the
City's parking lot at Cloverleaf Plaza, and improve the safety and quality of that area.
Experian has committed to create seventy -five (75) new, additional jobs at its Van
Buren facility; and
WHEREAS, a state of emergency exists because the time constraints within the terns of the grant,
and the suitability of the weather for the improvements to be made hereto, so as to
provide for the health, safety, and welfare of the citizens of Van Buren.
NOW, THEREFORE, BE IT ORDAINED AND ENACTED BY THE CITY COUNCIL OF
THE CITY OF VAN BUREN, ARKANSAS, THAT:
SECTION 1: The Mayor is hereby authorized to accept and administer the grant funds from the
Arkansas Economic Development Commission for this project, and to execute all
documents, contracts, and agreements necessary to effectuate this Ordinance.
SECTION 2: The City Council hereby appropriates one hundred twenty- thousand dollars
(5120,000.00) from capital improvement, as matching funds to complete the project,
which will increase the operation life of the City's parking lot at Cloverleaf Plaza
o improve the safety and quality of that area, and will result in Experian creating
seventy -five (75) new, additional jobs at its Van Buren facility.
SECTION 3: That in order to facilitate the Grant herein, it is further found that there is an
immediate need to make the commitments herein and begin the improvements hereto
as soon as possible, and as such an emergency is declared to exist and this ordinance
being necessary for the preservation of the public health, safety, and welfare, shall
take full effect from and after its passage and approval.
IN WITNESS WHEREOF, the City of Van Buren, Arkansas, by its City Council, did pass,
approve, and adopt, by a vote of b for and 0 against, the foregoing Ordinance at its Special
Meeting held on the 6' day of October 2008.
,t. tit
Robert
D.
ATTESTED: APPROVED AS TO ORM:
\0A_ E AS4
Barbie Curtis, City Clerk/Treasurer N. onalYo ttorney