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1696RESOLUTION N0. (G 1 to A RESOLUTION APPROVING THE DISTRIBUTION OF FUNDS RECEIVED PURSUANT TO A.C.A. §23-111-__>03 AND FOR OTHER PURPOSES. WHEREAS, A.C.A. X23-111-503 authorizes each dog racing franchise holder to conduct tlu-ee additional days of racing at an} dog racing meet with one third of the net proceeds to be deposited with the city treasurer or collector of the cin~ in which the dog racing track is located for credit to the cit<~ general fund to be used for charitable purposes only.. as determined by the Mayor and governing body; and WHEREAS, the Cite of West Memphis has received $13546.28 from Southland Racing Corporation and it is the desire of the Mavor and the Cit<~ Council that these fluids be distributed as follows: AMOUNT RECIPIENT SPONSOR $1,231.48 Mid-South Cor~iuuit5- College Tracy Catt $1231.48 Families in Transition James Holt $1231.18 Dr. Ralph Hamilton Scholarship Fund Dr. Peeples $ 615.7} Bov Scouts of America Harold Thomas $ 615.74 EastArk Enterprises Harold Thomas $ 153.88 8th Street Mission for Jesus Clu-ist William Johnson $1.U77.6U Boy Scouts of America William Johnson $L231.4R All Our Children Al Felton $1231.48 15th Street Child Care Lorraine Robinson $L231.48 All Our Children Gheric Bruce $1,231.48 All Our Children Herniae Coleman NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS THAT the $13.>4(i.28 received by the Cit<~ of West Memphis pursuant to A.C.A. ti23- 111-5U3 be distributed to the charitable organizations in the amounts set out above, leaving a balance of $2,462.96. ADOPTED this 3rC~ day of 1 , 1 Q~c~1 2(1(11. <«~ c - ~.}.--i WILLIAM H. JOHNSON, MAYOR ATTEST: PHILL P .CITY CLERK SPONSORED BY: CITY CLERKS OFFICE i.ATE 3o O C~ Q~~Sa ow