9672_I c m
1 RESOLUTION NO. 9,672
2
3 A RESOLUTION AUTHORIZING THE SALE OF CERTAIN
4 PROPERTY LOCATED IN THE LITTLE ROCK PORT
5 INDUSTRIAL PARK; AND FOR OTHER PURPOSES.
6
7 WHEREAS, St. Louis - Little Rock Hospitals, Inc., d /b /a
8 Southwest Hospitals, a Missouri not for profit corporation (the
9 "Purchaser"), desires to purchase of certain property located in
30 the Little Rock Port Industrial Park owned by the City of Little
11 Rock, Arkansas (the "City "); and
12 WHEREAS, the City has been offered the sum of Seventeen
13 Thousand Five Hundred Dollars ($17,500) for such property and is
14 prepared to sell the property for such price;
15 NOW, THEREFORE, BE IT RESOLVED by the Board of Directors
16 of the City of Little Rock, Arkansas:
17 Section 1. The Board hereby finds that the proposed sale
18 will secure and develop industry in the Little Rock Port Industrial
19 Park, thereby providing substantial employment and payrolls.
20 Section 2. The sale of the property for the
21 consideration stated is hereby approved, and the Mayor is hereby
22 authorized and directed to execute for and on behalf of the City a
23 Warranty Deed and the appropriate Plat and Bill of Assurance,
24 conveying said property to the Purchaser or its designee, and the
25 City Clerk is hereby authorized and directed to attest said
26 instruments and to deliver the same to the Office of the City
27 Attorney for delivery of same to the Purchaser or its designee upon
28 full payment of consideration in the sum of Seventeen Thousand Five
29 Hundred Dollars ($17,500), payable to the Little Rock Port
30 Authority.
• x
1 Section 3. The property is substantially described as
2 follows with such changes as shall be approved by the Mayor, his
3 execution of the Warranty Deed authorized hereby to constitute
4 conclusive evidence of such approval:
5
TRACT Q, AREA 201, LITTLE ROCK PORT INDUSTRIAL
6
PARK OF THE
CITY OF LITTLE ROCK, ARKANSAS.
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8
Section 4.
This Resolution shall be in full force and
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10
effect
from the date
of its adoption.
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12
ADOPTED:
April 16 , 1996.
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14
APPROVED:
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ATTEST:
16
44/K-
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I
18
QJlad..t
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( . as
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A
A C!/ _ Mayor
19
City Clerk
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21
(SEAL)
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23
APPROVED AS TO FORM:
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26
27
City Attorney
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