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103311 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 RESOLUTION NO. 10.331 A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A DEED TO TRANSFER ALL OF LOT 127, BIRCHWOOD ADDITION TO ERIC HAYWARD AND DONNA HAYWARD IN EXCHANGE FOR A RIGHT -OF -WAY EASEMENT FOR STORM DRAINS. M 387 WHEREAS, the City of Little Rock purchased land for drainage control to prevent flooding; and WHEREAS, improvements are now complete and this excess property is not required; and WHEREAS, an agreement was made with the Haywards to exchange this land for a right -of- way easement on their land; and WHEREAS, no funds will exchange hands and staff feels the transfer of the lot to the adjacent property owner is in the best interest of the City since the property is not minimum lot size per subdivision regulations. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The Mayor and City Clerk are authorized to execute deeds transferring ownership of excess land to the adjacent land owners, Eric Hayward and Donna Hayward in exchange for a right -of -way easement on their land. Adopted: August 18, 1998 Attest: Robbie Hancock, City Clerk Approved as to Legal Form: >-^ . Thomas M. Carpenter, Ci ttorney Approved: / ,i(� Ji " alley, Mayor