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88381 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 s -s 690 RESOLUTION NO. 8,838 A RESOLUTION AUTHORIZING THE PURCHASE OF A WEST LITTLE ROCK PARR SITE PURSUANT TO THE 1988 CAPITAL IMPROVEMENT BOND ISSUE AND FOR OTHER PURPOSES. WHEREAS, the 1988 Capital Improvement Bond Issue included a specific provision for the purchase of park lands in the City of Little Rock; and WHEREAS, the City has on at least two occasions requested proposals for such parkland; and WHEREAS, in accordance with Little Rock, Ark., Resolution No. 8,796 (October 6, 1992), the Board of Directors set the criteria to be used for the purchase of such a park site, and WHEREAS, in accordance with this criteria new requests for proposals were requested which resulted in four sites being submitted, three of which met the criteria and were reviewed by a committee selected to evaluate these sites; and WHEREAS, Site IV, on Western Hills Avenue, meets the criteria set by the Board of Directors, and includes several positive criteria including a nine -hole golf course, the potential for active recreation, a good landscaping aesthetic, a link to existing park sites, the possibility of lake recreation, good access from University Avenue, and a location that serves several City neighborhoods; and WHEREAS, the City Board reviewed the analysis on each site and determined that Site IV best meets the leisure needs of the community. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The City Manager is authorized to enter into negotiations for the purchase of a park site denominated as Park 0-'T1 � -5 � w w w w ■w w� w� w w w w w �■ w 0 0 691 Site IV and comprised of an area at or near Western Hills Avenue and more particularly described in the request for proposal submitted pursuant to LRR 8,796. SECTION 2. The City Manager is authorized to expend funds from the 1988 Capital Improvement Bond Issue for park. improvements to pay for the acquisition of this park site found in account number 301 - 230 -0049. ADOPTED: December 15, 1992 • T No FA R"S / / ►I W• APPROVED AS TO FORM: CITY ATTORNEY I�