13402I RESOLUTION NO. 13,402
2
3 A RESOLUTION TO ACCEPT TITLE TO PROPERTY DONATED TO
4 THE CITY OF LITTLE ROCK BY WARRANTY DEED TO BE USED
5 FOR NEIGHBORHOOD REVITALIZATION PROGRAMS; AND FOR
6 OTHER PURPOSES.
7
8 WHEREAS, the Board of Directors has stated as one of its goals a desire to provide for
9 neighborhood revitalization, and has taken special efforts to accomplish this goal through its use of
10 various City and Federal funds, and in affirmative actions such as the creation of a Land Bank
11 Commission; and,
12 WHEREAS, in order to accomplish this goal it is required that properties be obtained by the City in
13 areas that are appropriate for revitalization; and,
14 WHEREAS, F & F Company, Inc., by and through its duly authorized officers, President, William R.
15 Fitch, Vice President, Margaret Fitch Sugg, and Secretary /Treasurer, Robert H. Edwards, has indicated its
16 desire to donate to the City of Little Rock the property located at 3911 West 11`h Street, Little Rock,
17 Arkansas 72204; and,
18 WHEREAS, the City wishes to accept the property for use in its neighborhood revitalization efforts;
19 and,
20 WHEREAS, the City has obtained a full title search which revealed valid title to the property and no
21 significant title issues; and,
22 WHEREAS, the City has performed an environmental assessment of the property pursuant to 24
23 C.F.R. § 58, et seq. (2003), which revealed no environmental problems; and,
24 WHEREAS, F & F Company, Inc., has paid the 2010 Real Estate Taxes for the property; and,
25 WHEREAS, in consideration for the donation of the property for the public purpose of neighborhood
26 revitalization, the City has agreed to release two (2) outstanding City liens which have been filed against
27 the property in the amounts of $341.54 and $334.54, respectively; and,
28 WHEREAS, State law requires that the City accept the property by resolution adopted by the Board
29 of Directors;
30 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
31 OF LITTLE ROCK, ARKANSAS:
32 Section 1. The Board of Directors hereby adopts this Resolution to accept title to the property located
33 at 3911 West 11`h Street which has been offered as a donation to the City of Little Rock.
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Section 2. The property shall be used for a public purpose, specifically for City revitalization
programs.
Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
adjudication shall not affect the remaining portions of the resolution which shall remain in full force and
effect a if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the
ordinance.
Section 4. Repealer. All laws, ordinances, resolutions, or parts of the same that are inconsistent with
the provisions of this resolution are hereby repealed to the extent of such inconsistency.
ADOPTED: November 15, 2011
ATTEST:
APPROVED AS TO LEGAL FORM:
4
Thomas M. Carpenter, City ttorney
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APPROVED:
—z AL -
Mark Stodola, Mayor
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