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6136 RESOLUTION NO. 6 , 136 A RESOLUTION AUTHORIZING THE EXCHANGE OF CERTAIN CITY OWNED PROPERTY FOR PROPERTY BELONGING TO THE 3-M MINING COMPANY. WHEREAS , the Planning Commission of the City of Little Rock has endorsed the trading of land in Gillam Park for land lying within the Fourche Bottoms area along Interstate 30 ; and WHEREAS, it is this City' s policy to acquire flood- bottom lands wherever possible. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1. The City Manager is hereby authorized to exchange the following described property to 3-M Company for certain lands within the Fourche Bottoms area along Interstate 30 : That part of the NWv of Section 26 , T1N, R12W of the 5th Principal Meridian on the East side of the Quapaw Indian Boundary line, according to the U.S .Government Survey thereof, described as follows : Beginning at a point being the SE corner of the NWQ of Section 26 , T1N, R12W of the 5th Principal Meridian, Pulaski County, Arkansas; thence W along the S line of the said Nti^Ia on an assumed bearing of N88 degrees 44 'W, a distance of approximately 1220 ' to the easterly right-of-way line of U.S . High- way 65/167 ; thence N04 degrees 55 ' W along the said easterly right-of-way line of said highway a distance of 1380. 00 ' to a point; thence N69 degrees 00 ' E a distance of 1440 ' , more or less , to the E line of the NW4 of Section 26; thence S along the E line of the said NW's a distance of 1920 ' , more or less , to the point of beginning; said tract of land to contain 48 . 50 + acres of land. Section 2 . This Resolution shall be in full force and effect from and after its adoption. ADOPTED: April 17 , 1979 ' ATTEST: 9t11.4 A PPROVED : 64, 071'4 City Cl rk Mayor