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RES NO 10-02-2001 0 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. /0 2- -2001 A RESOLUTION AUTHORIZING PARTICIPATION IN THE MAIN STREET ARKANSAS PROGRAM. WHEREAS, The Main Street Arkansas Program has been created to assist in the development of a public private effort to revitalize their downtown areas, and additional Arkansas cities will be selected to participate in the project in 2002; and WHEREAS, The Main Street Community has been formed in an effort to be selected for the Main Street Arkansas Program; and WHEREAS, That the specific goal of the Main Street Community is the economic revitalization of the Downtown area, providing economic benefits to the entire City; and WHEREAS, A commitment by the City of Van Buren to the Main Street Community is in the best interest of the citizens of the City of Van Buren. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: SECTION 1: That the City of Van Buren shall commit ten thousand ($10,000.00) dollars per year for the next three (3) years to the Main Street Community for capital improvements to public property in the downtown if Main Street Community is accepted into the Main Street Program. PASSED AND APPROVED THIS 1 DAY OF OCTOBER, 2001. cf1 MAYO TO RIGG %3 ATTESTED: CITY CLERKITREASURER 0