9875M � M
755
1
RESOLUTION NO. 9,875
2 A RESOLUTION ACCEPTING THE DEDICATION OF RIGHT -
3 OF -WAY OF A PREVIOUSLY CLOSED PORTION OF FERRY
4 STREET; AND FOR OTHER PURPOSES.
5
6 WHEREAS, In 1964, Ordinance No. 11,451 in Book 863, Page 38, closed a portion of
7 Ferry Street which abuts the Property; and
8
9 WHEREAS, this portion of Ferry Street has never actually been abandoned and has been
10 used by the public and maintained by the City over the years; and
11 WHEREAS, in order to obtain a building permit for the Kramer School Project this section
12 of street must be reopened; and
13 WHEREAS, the half of the street closest to the Property is owned by the City while the other
14
half is owned by Inn Towne Partners, Ltd; and
15
16 WHEREAS, the current owners of this section of Ferry Street, Inn Towne Partners, Ltd.
17 have executed a Quitclaim Right -of -Way Deed to the City of Little Rock, a copy of which is attached
18 hereto.
19 NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
20 THE CITY OF LITTLE ROCK, ARKANSAS:
21
SECTION 1: That the City accepts the Quitclaim Right -of -Way Deed executed by Inn
22
23 Towne Partners, Ltd., and reopens the previously closed section of Ferry Street.
24 ADOPTED: December 17, 1996
25 ATTEST: APPROVED:
! � � APPROVED:
26 �Xi.�as( //!
27 ROBBIE HANC CK Ji DAILEV
28 CITY CLERK MAYOR
29
30 APPROVED AS TO FORM:
31 tm'/,
C
32
THOMAS M. CARPENJf ER
33 CITY ATTORNEY
34
35
36
M
• QUITCLAIM RIGHT -OF -WAY AD i 756
KNOW ALL PERSONS BY THESE PRESENTS:
That hmTowne Partners, Ltd., a Texas Limited Partnership, GRANTOR, through its General
Partner, Ridenour Edwards Management Co., a Texas Corporation, duly authorized by resolution of its
Board of Directors, for and in consideration of the sum of Ten Dollars ($10.00), and other valuable
consideration, the receipt of which is hereby acknowledged, does hereby grant, bargain, sell, and
quitclaim to the City of Little Rock, Arkansas, GRANTEE, and to its successors and assigns the land
situated in Pulaski County, Arkansas, described as follows for street right -of -way purposes:
Ferry Street between the South right -of -way line of East Seventh Street and the
North right -of -way line of East Eighth Street, closed by ordinance #1145 1, Book
863 -38, between blocks 1 & 3, Johnson's Addition and more particularly
described as follows:
Beginning at the Northeast corner of Block 3, Johnson's Addition to the City of
Little Rock, Arkansas; thence East along the South right -of -way line of East
Seventh Street to the East right -of -way line of Ferry Street, said point also being
the Northwest corner of Lot I, Block 1, Johnson's Addition to the City of Little
Rock, Arkansas-, thence South along the East right -of -way line of Ferry Street to
the North right -of -way line of East Eighth Street, said point also being the
Southwest corner of Lot 1, Block 1, Johnson's Addition to the City of Little
Rock; thence West along the North right -of -way line of East Eighth Street to the
West right -of -way line of Ferry Street, said point also being the Southeast comer
of Block 3, Johnson's Addition to the City of Little Rock; thence North along the
West right -of -way line of Ferry Street to the point of beginning.
TO HAVE AND TO HOLD the same unto the said GRANTEE and to its successors and assigns
forever.
IN WITNESS WHEREOF, we have set our hand on this Aday of November, 1996.
INNTOWNE PARTNERS, LTD.
Through RIDE RED
MANAGE N O.
NAME:
TITLE:
ACKNOWLEDGMENT
STATE OF TEXAS
COUNTY OF -ra r r:t n
On this day before the undersiggned, a duly qualified and acting Notary Public in and for the
County and State aforesaid, F ob a r 7 k j - —appeared personally and acknowledged himself to be the
President of Ridenout Edwards Management Co., the corporate general partner of InnTowne Partners,
Ltd., a Texas limited partnership, and that as such officer being duly authorized to do so, he executed the
foregoing instrument for the purposes therein contained.
IN WITNESS WHEREOF, I hereunto set my hand and official seal as such Notary Public on this
3L day of- hle*omber, 1996.
WL 9° Notary Public
My LER L IC AS 28 -2000