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106200 RESOLUTION NO. 10,620 0 A RESOLUTION TO APPROVE THE SALE OF REAL PROPERTY OWNED BY THE CITY OF LITTLE ROCK CURRENTLY HELD FOR. THE WATER 4 %0' WORKS PURPOSES TO THE ARKANSAS STATE HIGHWAY AND TRANSPORTATION DEPARTMENT; TO AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE ANY NECESSARY DOCUMENTS; TO DIRECT THAT THE PROCEEDS BE PAID INTO THE CITY GENERAL FUND; AND FOR OTHER PURPOSES. (Short Title) "A Resolution to sell City property to the Arkansas State Highway and Transportation Department" WHEREAS, the City owns certain property, which is currently being used for Water Works purposes, that the Arkansas State Highway and Transportation Department wishes to purchase, and WHEREAS, the Water Works Commission notes that it currently holds said property at Lake Maumelle along Highway 10 at for water works purposes, but this property is no longer needed for such purpose, and WHEREAS, the City believes that the offered purchase price is reasonable, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. The Board of Directors accepts the statement from the Little Rock Water Works Commission that the property described in Exhibit A owned by the City, for the use and benefit of the Little Rock Municipal Water Works, is no longer needed for water works purpose. The legal description for such property is described in Exhibit "A." Section 2. The Mayor and City Clerk are authorized to execute any documents approved by the City Attorney that are necessary to transfer title of the property described in Exhibit "A" to the Arkansas State Highway and Transportation Department, and their assigns. Section 3. The proceeds from the sale of this property shall be payable to the City of Little Rock, Arkansas, and shall be placed in the City General Fund to be used for any municipal purposes approved by this Board of Directors. ADOPTED: ATTEST: August 3, 1999 Robbie Hancock, City Clerk APPROVED AS TO LEGAL FORM: Thomas M. Carpenter, City AVfirney 0 APPROVED: (2/ w &, Ih Jim E a• ey, Mayor 47-0 0 • EXHIBIT "A" TRACT 23 LEGAL DESCRIPTION 47 4 Part of the Southeast Quarter of the Southeast Quarter of Section 25, Township 3 North, Range 16 West and the fractional South Half of the Fractional Southwest Quarter of Section 30, Township 3 North, Range 15 West, Pulaski County, Arkansas, more particularly described as follows: Starting at the Southeast Comer of the Southeast Quarter of the Southeast Quarter of Section 25; thence North 010 09' 59" East along the East line thereof a distance of 314.704 meters to a point on the Southerly proposed right of way line of Arkansas State Highway 10 for the point of beginning; thence North 75° 26' 10" West along the Southerly proposed right of way line of Arkansas State Highway 10 a distance of 26.534 meters to a point on the Southerly existing right of way line of Arkansas State Highway 10; thence North 221 19' 14" East along said existing right of way line a distance of 9.144 meters to a point; thence in an Easterly direction along said existing right of way line on a curve to the left having a radius of 368.127 meters a distance of 145.250 meters to a point; thence South 01° 09' 59" West a distance of 11.497 meters to a point on the Southerly proposed right of way line of Arkansas State Highway 10; thence North 86° 42' 45" West along said proposed right of way line a distance of 20.133 meters to a point; thence North 77° 58' 32" West along said proposed right of way line a distance of 64.696 meters to a point; thence North 751 26' 10" West along said proposed right of way line a distance of 37.020 meters to the point of beginning and containing 0.111 hectare more or less. TRACT 25 LEGAL DESCRIPTION • EXHIBIT "A" Part of the Fractional Southwest Quarter and the North Half of the Southeast Quarter of Section 30, Township 3 North, Range 15 West, Pulaski County, Arkansas, more particularly described as follows: 475 Starting at the Southeast Corner of the Fractional North Half of the Southwest Quarter of Section 30; thence North 88° 25' 55" West along the South line thereof a distance of 193.334 meters to a point on the Southerly proposed right of way line of Arkansas State Highway 10 for the point of beginning; thence South 72'.41' 24" West along the Southerly proposed right of way line of Arkansas State Highway 10 a distance of 65.576 meters to a point; thence South 78° 24' 03" West along said proposed right of way line a distance of 60.299 meters to a point; thence South 74° 35' 56" West along said proposed right of way line a distance of 60.033 meters to a point; thence South 71° 27' 05" West along said proposed right of way line a distance of 18.726 meters to a point; thence North 00° 54' 25" East a distance of 10.190 meters to a point on the Southeasterly existing right of way line of Arkansas State Highway 10; thence North 72° 38° 20" East along said existing right of way line a distance of 120.273 meters to a point; thence South 17° 21' 40" East along said existing right of way line a distance of 9.144 meters to a point; thence North 72° 38' 20" East along said existing right of way line a distance of 215.254 meters to a point on the Southeasterly proposed right of way line of Arkansas State Highway 10; thence South 661 40' 30" West along said proposed right of way line a distance of 80.443 meters to a point; thence South 72° 41' 24" West along said proposed right of way line a distance of 54.424 meters to the point of beginning and containing 0.283 hectare more or less. Starting at the Southwest Comer of the Northwest Quarter of the Southeast Quarter of Section 30; thence North 01° 51' 19" East along the West line thereof a distance of 75.218 meters to a point on the Southerly existing right of way line of Arkansas State Highway 10; thence North 72° 38' 20" East along said existing right of way line a distance of 126.796 meters to a point on the Southerly proposed right of way line of Arkansas State Highway 10 for the point of beginning; thence continue North 72° 38' 20" East along the Southerly existing right of way line of Arkansas State Highway 10 a distance of 229.920 meters to a point; thence in a Northeasterly direction along said existing right of way line on a curve to the left having a radius of 616.684 meters a distance of 160.586 meters to a point on the Southeasterly proposed right of way line of Arkansas State Highway 10; thence South 37° 01' 13" West along said proposed right of way line a distance of 42.047 meters to a point; thence South 70° 02' 50" West along said proposed right of way line a distance of 134.654 meters to a point; thence South 720 40' TRACT 25 (CONTINUED) • EXHIBIT "A" 476- 28" West along said proposed right of way line a distance of 40.000 meters to a point; thence South 70° 10' 48" West along said proposed right of way line a distance of 137.141 meters to a point; thence North 87° 21' 42' West along said proposed right of way line a distance of 45.745 meters to the point of beginning and containing 0.418 hectare more or less. Total area to acquire containing 0.701 hectare more or less. • EXHIBIT "A" LEGAL DESCRIPTION.. 4'1' Yi Part of the Northwest Quarter of the Southeast Quarter of Section 30, Township 3 North, Range 15 West, Pulaski County, Arkansas, more particularly described as follows: Starting at the Southwest Corner of the Northwest Quarter of the Southeast Quarter of Section 30; thence North 010 51' 19" East along the West line thereof a distance of 133.320 meters to a point on the Northwesterly existing right of way line of Arkansas State Highway 10; thence North 72° 38' 20" East along said existing right of way line a distance of 127.721 meters to a point on the Northwesterly proposed right of way line of Arkansas State Highway 10 for the point of beginning; thence North 490 46' 49" East along the Northwesterly proposed right of way line of Arkansas State Highway 10 a distance of 23.539 meters to a point on the Northwesterly existing right of way line of Arkansas State Highway 10; thence South 17° 21' 40" East along said existing right of way line a distance of 9.144 meters to a point; thence South 72° 38' 20" West along said existing right of way line a distance of 21.691 meters to the point of beginning and containing 0.010 hectare more or less.