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1991ORDINANCE NO. 1991 AN ORDINANCE WAIVING COMPETITIVE BIDDING FOR THE DEVELOPMENT OF A REVITALIZATION PLAN FOR APPROXIMATELY 20 BLOCKS OF COMMERCIAL PARCELS ON EAST BROADWAY AND FOR OTHER PURPOSES. WHEREAS, Arkansas Code Annotated Section 14-58-303 authorizes the waiving of competitive bidding in exceptional situations where competitive bidding is deemed not feasible or practical; and WHEREAS, the City of West Memphis desires to develop a revitalization plan for approximately 20 blocks of commercial parcels facing East Broadway in West Memphis from Dr. Martin Luther King, Jr., Drive to Fourteenth Street; and WHEREAS, in response to a request for proposals the University of Memphis has submitted a proposal utilizing the University of Memphis: REDC and the Architecture Program, and Arkansas State University's EDA University Center in collaboration with the City of West Memphis, West Memphis Utility Company and Mid-South Community College; and WHEREAS, the City Council determines that competitive bidding should be waived in order that the City of West Memphis may utilize the cooperative efforts of these educational institutions together with local governmental agencies and competitive bidding under such circumstances would not be feasible or practical; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS THAT: SECTION 1. Competitive bidding is hereby waived for the development of a revitalization plan for approximately 20 blocks of commercial parcels facing East Broadway in West Memphis from Dr. Martin Luther King, Jr., Drive to Fourteenth Street to be provided by the University of Memphis at a cost not to exceed $18,000. Memphis at a cost not to exceed $18,000. SECTION 2. All Ordinances or parts of Ordinances in conflict herewith are hereby repealed. PASSED AND APPROVED this of ~ day of ~U N t= , 2001. r!' 4 ~ ~ ~ ~ WILLIAM H. JOHNSON, YOR ATTEST: PHILLI ,CITY CLERK SPONSORED BY: Ordinance No. Page Two