14807 1 RESOLUTION NO. 14,807
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3 A RESOLUTION TO AUTHORIZE THE PURCHASE OF PROPERTY
4 OFFERED FOR SALE TO THE CITY OF LITTLE ROCK, ARKANSAS,
5 TO BE USED FOR NEIGHBORHOOD REVITALIZATION PROGRAMS;
6 AND FOR 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 is it required that properties be obtained and sold by the
13 City in areas that are appropriate for revitalization; and,
14 WHEREAS, Sonderler J. Garrett, 3711 High Drive, Little Rock, Arkansas has indicated a desire to
15 sell the property located at 3010 Martin Luther King, Jr. Drive to the City of Little Rock,Arkansas, and,
16 WHEREAS, the City wishes to purchase the property for use in its neighborhood revitalization
17 efforts; and,
18 WHEREAS, City Staff has conducted a title search of the property which revealed valid title to the
19 properties and no significant title issues; and,
20 WHEREAS, the City has performed an environmental assessment of the property pursuant to 24
21 C.F.R. § 58,et seq. (2003),which revealed no environmental problems; and,
22 WHEREAS, in consideration for Three Thousand, Five Hundred Dollars ($3,500.00) the City will
23 purchase the property for the public purpose of neighborhood revitalization, and,
24 WHEREAS, funds to pay the purchase price for the parcel are available in Land Bank's 2018
25 General Fund Account No. S35A946'18; and,
26 WHEREAS, Sonderler J. Garrett has provided the City with a Real Estate Contract for the property;
27 and,
28 WHEREAS, Sonderler J. Garrett will provide The City of Little Rock with a Warranty Deed to the
29 property, shown in attached Exhibit B,
30 WHEREAS,Arkansas State Law requires that the City acquire the property by resolution adopted by
31 the Board of Directors;
32 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
• 33 OF LITTLE ROCK,ARKANSAS:
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1 Section 1. Pursuant to Ark. Code Ann. § 14-54-302(c) (West Supp. 2010), the City must obtain
2 authority from the Board of Directors to purchase the property, as listed in Exhibit A to this resolution.
3 Section 2. The Board of Directors, pursuant to Ark. Code Ann. § 14-54-302(c) (West Supp. 2010),
4 must authorize the Mayor and City Clerk to execute any documents necessary to complete the purchase of
5 the property listed in Exhibit A to this resolution.
6 Section 3. The property will be used for a public purpose to serve the public, specifically to improve
7 City Revitalization Programs.
8 Section 4. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
9 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
10 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and
11 effect a if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the
12 ordinance.
13 Section 5. Repealer. All laws, ordinances, resolutions, or parts of the same that are inconsistent with
14 the provisions of this resolution are hereby repealed to the extent of such inconsistency.
15 ADOPTED: June 19,2018 /
16 iir: '1• APPROVE 1:
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18 � / - r A
19 r ngle s, City Clerk Mark Stodola,Mayor
20 AP •.\4.1_ 11, S TO LEGAL FORM:
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22 1614��°L( C
23 Thomas M.Carpenter,C Attor i
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1 Exhibit A
2 Property Purchase Chart
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;Parcel No Physical Property Lot=Size 2017 Taxes City Liens
34L2870007400 3010 Martin Luther 7000 square-feet Paid by Seller No Liens
King,Jr.,Drive
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1 Exhibit B
2
3 Prepared By:
4 City of Little Rock
5 500 West Markham Street
6 Little Rock,AR 72201
7
8 Representative:
9 Doug Tapp,Redevelopment Administrator
10.
11
12 WARRANTY DEED
13
14 KNOW ALL MEN BY THESE PRESENTS THAT:
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16 Sonderler J. Garrett, GRANTOR, for and in consideration of the sum of Three Thousand, Five
17 Hundred Dollars ($3,500.00) and other good and valuable consideration paid by City of Little Rock,
18 GRANTEE, the receipt of which is hereby acknowledged, does hereby grant, convey and warranty unto
19 the Grantee, and unto its heirs and assigns forever,the following described lands in the County of Pulaski,
20 State of Arkansas:
County,21 BOWMANS Subdivision Lot 10 Block 10, Pulaski o ty, Arkansas also known as
22 3010 Martin Luther King, Jr.,Drive,Little Rock,AR (Parcel# 34L2870007400)
23 To have and to hold the same unto the Grantee and unto its heirs, and assigns forever, with all
24 tenements,appurtenances, and hereditaments thereunto belonging.
25 Sonderler J. Garrett, for and in consideration of such sum of money, hereby releases and relinquishes
26 unto the Grantee, and unto its heirs and assigns forever, all right and possibility of curtesy, dower, and
27 homestead in and to such lands.
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29 Sonderler J. Garrett,GRANTOR
30 3711 High Drive
31 Little Rock,Arkansas 72206
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34 By: Sonderler J. Garrett
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1 ACKNOWLEDGEMENT
2 STATE OF ARKANSAS)
3 ))SS
4 COUNTY OF PULASKI)
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6 On this day came before me, the undersigned, a Notary Public within and for the County and State
7 aforesaid, duly commissioned and acting personally appeared, Sonderler J. Garrett known to me as the
8 duly appointed agent for the Grantor in the foregoing Deed, and acknowledged that she has executed the
9 same for the consideration and purposes therein mentioned and set forth.
10 WITNESS my hand and seal as such notary public this day of 2018.
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13 Notary Public
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16 My Commission expires:
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18 Mayor Mark Stodola
19 City of Little Rock
20 500 West Markham, Street
21 Little Rock,Arkansas 72201
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24 By: Mayor Mark Stodola,City of Little Rock
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27 On this day came before me, the undersigned, a Notary Public within and for the County and State
28 aforesaid, duly commissioned and acting personally appeared Mayor Mark Stodola, a duly commissioned
29 representative of The City of Little Rock, known to me as the Grantee in the foregoing Deed, and
30 acknowledged that they have executed the same for the consideration and purposes therein mentioned and
31 set forth.
32 WITNESS,my hand and seal the day of 2018.
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36 Notary Public
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38 My Commission expires:
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1
2 DOCUMENTARY TAX STATEMENT
3 I certify under penalty of false swearing that the legally correct amount of documentary stamps have
4 been placed on this instrument. (If none shown,exempt or no consideration paid.)
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6 City of Little Rock
7 500 West Markham Street,Suite 120W
8 Little Rock,Arkansas 72201
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11 By: Doug Tapp,Redevelopment Administrator
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14 ACKNOWLEDGEMENT
15 STATE OF ARKANSAS)
16 ))SS
17 COUNTY OF PULASKI)
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19 On this day came before me, the undersigned, a Notary Public within and for the County and State
20 aforesaid, duly commissioned and acting personally appeared, Doug Tapp,Redevelopment Administrator,
21 City of Little Rock,Arkansas.
22 WITNESS my hand and seal as such notary public this day of ,2018.
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25 Notary Public
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27 My Commission expires:
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