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148181 2 3 4 5 6 7 8 9 10 11 12 13 i[! 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 RESOLUTION NO. 14,818 A RESOLUTION TO ACCEPT TITLE TO PROPERTY DONATED TO THE CITY OF LITTLE ROCK, ARKANSAS, BY QUITCLAIM DEED, TO BE USED FOR NEIGHBORHOOD REVITALIZATION PROGRAMS; AND FOR OTHER PURPOSES. WHEREAS, the Board of Directors has stated as one of its goals a desire to provide for neighborhood revitalization, and has taken special efforts to accomplish this goal through its use of various City and Federal Funds, and in affirmative actions such as the creation of a Land Bank Commission; and, WHEREAS, in order to accomplish this goal is it required that properties be obtained by the City in areas that are appropriate for revitalization; and, WHEREAS, Webco, Inc., has indicated their desire to donate to the City of Little Rock the property located at 8013 Brandon Drive Little Rock, AR 72204; and, WHEREAS, the City wishes to accept the property for use in its neighborhood revitalization efforts; and, WHEREAS, City Staff has conducted a title search of the property which revealed valid title to the property; and, WHEREAS, the City has performed an environmental assessment of the property pursuant to 24 C.F.R. § 58, et seq. (2003), which revealed no environmental problems; and, WHEREAS, in consideration for the donation of the property for the public purpose of neighborhood revitalization, the City will not pay the 2017 Real Estate Taxes due in the amount of Seventy -Seven and 01/100 ($77.01); and, WHEREAS, Webco, Inc., has provided the City with a Quitclaim Deed to the property, a copy of which is attached as Exhibit A; and, WHEREAS, Arkansas State Law requires that the City accept the property by resolution adopted by the Board of Directors. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. The Board of Directors hereby accepts the Quitclaim Deed to the property described in Exhibit A, in favor of the City of Little Rock. Section 2. The property shall be used for a public purpose, specifically for City Revitalization Programs. [Page 1 of 51 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 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 resolution. 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,; -441y 2, 2018 V ty Clerk ► O LEGAL FORM: 670ME Thomas M. Carpenter, City AttoAi y H H H H H H H H H H H H H H H H H H H APPROV Mark Stodola, Mayor [Page 2 of 51 I 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 Exhibit A Prepared By: City of Little Rock 500 West Markham Street Little Rock, AR 72201 Representative: Doug Tapp, Redevelopment Administrator QUITCLAIM DEED (Donation by Corporation) KNOW ALL MEN BY THESE PRESENTS THAT: Webco Inc., GRANTOR, for and in consideration of the sum of Ten Dollars ($10.00) and other good valuable consideration paid by the CITY OF LITTLE ROCK, ARKANSAS, a municipal corporation, GRANTEE, the receipt of which is hereby acknowledged, does hereby grant, convey and warranty unto the Grantee, and unto its heirs and assigns forever, the following described lands in the County of Pulaski, State of Arkansas: Azalea Place Subdivision Lot 8 Block 0, to the City of Little Rock, Pulaski County, Arkansas, more commonly known as about 8013 Brandon Drive, Little Rock, Arkansas (Parcel No. 441,1510000900) To have and to hold the same unto the Grantee and unto its heirs, and assigns forever, with all tenements, appurtenances, and hereditaments thereunto belonging. Webco, Inc., hereby releases and relinquishes unto the Grantee, and unto its heirs and assigns forever, all rights and possibility of curtsey, dower, and homestead in and to such lands. STATE OF ARKANSAS) )SS COUNTY OF PULASKI) Webco Inc., GRANTOR P.O. Box 60 El Paso, AR 72045 By: Charles T. Weaver ACKNOWLEDGEMENT [Page 3 of 51 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 FR 26 27 28 29 30 31 32 33 34 35 36 WA On this day came before me, the undersigned, a Notary Public within and for the County and State aforesaid, duly commissioned and acting personally appeared, Charles T. Weaver, known to me as the Grantor in the foregoing Deed, and acknowledged that he has executed the same for the consideration and purposes therein mentioned and set forth. WITNESS my hand and seal as such Notary Public this day of , 2018 Notary Public My Commission expires: City of Little Rock, GRANTEE 500 West Markham Street, Suite 120W Little Rock, Arkansas 72201 By: Mayor Mark Stodola, City of Little Rock ACKNOWLEDGEMENT STATE OF ARKANSAS) )SS COUNTY OF PULASKI) On this day came before me, the undersigned, a Notary Public within and for the County and State aforesaid, duly commissioned and acting personally appeared, Mayor Mark Stodola, City of Little Rock, known to me as the Grantee in the foregoing Deed, and acknowledged that he has executed the same for the consideration and purposes therein mentioned and set forth. WITNESS my hand and seal as such Notary Public this day of ,2018 My Commission expires: Notary Public [Page 4 of 51 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 DOCUMENTARY TAX STATEMENT I certify under penalty of false swearing that the legally correct amount of documentary stamps have been placed on this instrument. (If none shown, exempt or no consideration paid.) City of Little Rock 500 West Markham Street Little Rock, Arkansas 72201 By: Doug Tapp, Redevelopment Administrator ACKNOWLEDGEMENT STATE OF ARKANSAS) )SS COUNTY OF PULASKI) On this day came before me, the undersigned, a Notary Public within and for the County and State aforesaid, duly commissioned and acting personally appeared, Doug Tapp, Redevelopment Administrator, City of Little Rock. WITNESS my hand and seal as such Notary Public this day of ,2018 My Commission expires: H H H H H H Notary Public [Page 5 of 5]