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1 RESOLUTION NO. 10, 742
2 %4G
3 A RESOLUTION TO AUTHORIZE THE MAYOR AND THE
4 CITY CLERK, OR THEIR DESIGNEE, TO EXECUTE
5 DOCUMENTS NECESSARY TO TRANSFER TITLE OF
6 THE M.M. COHN BUILDING TO THE CITY; AND FOR
7 OTHER PURPOSES.
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9 WHEREAS, on December 7, 1999, the Board stated its intent to accept the donation of
10 the M.M. Cohn building through Little Rock, Ark., Resolution No. 10,719, and
11 WHEREAS, since that date the City has reviewed information to satisfy it that right title
12 to the property is currently with the owners -- M. M. C. Limited Partnership -- and the person
13 who offers the property to the City has the authority to do so and the property can be transferred
14 to the City, and
15 WHEREAS, the City has had the building inspected for structural integrity,
16 environmental issues, Americans with Disabilities issues, property tax and improvement district
17 assessments, and other matters, and has determined that it can accept title to the building to be
18 used for a public purpose without creating an adverse drain on City resources,
19 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
20 THE CITY OF LITTLE ROCK, ARKANSAS:
21 Section 1. The Mayor and City Clerk, or their designee, are hereby authorized to
22 enter into any agreements necessary for the City to accept title from M. M. C. Limited
23 Partnership to property within the City of Little Rock, Arkansas, referred to as the M. M. Cohn
24 Building and more particularly described as:
25 Lot 10 and the South 40 Feet of Lot 11, Block 74 Original City
26 Of Little Rock, more commonly known aas 510 Main Street, Little
27 Rock, Pulaski County, Arkansas.
28 Section 2. The form of these documents must be acceptable to the City Attorney.
29 Section 3. The City states that it will not pay any improvement district assessments
30 or property taxes that may be due and owing on the property, nor will it agree to the payment
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I of any future taxes or assessments since it is accepting title to this building to be used for a public
2 purpose; further, the City Clerk is directed to mail a copy of this resolution to the Pulaski
3 County Assessor, and to the agent for any improvement district which may assess this property,
4 to assure that no taxes or assessments are levied for the year 2000 and beyond. 7 4 i
5 Section 4. The Mayor and Clerk are directed to complete the execution of these
6 agreements before December 31, 1999.
7 Section 5. Severability. In the event any title, subtitle, section, subsection,
8 subdivision, paragraph, subparagraph, item, sentence, clause, phrase, or word of this ordinance
9 is declared or adjudged to be invalid or unconstitutional, such declaration or adjudication shall
to not affect the remaining portions of this ordinance which shall remain in full force and effect
11 as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of
12 this ordinance.
13 Section 6. Repealer. All ordinances, resolutions, or regulations, or any parts of such
14 documents, which are inconsistent with the provision of this ordinance are hereby repealed to
15 the extent of such inconsistency.
16 ADOPTED: December 28, 1999
17 ATTEST: APPROVED:
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19 �Qa9� Ys �lt.2 p� CA, &C
20 Robbie Hancock, City Clerk im Dailey, Mayor
21 APPROVED AS TO LEGAL FORM:
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24 Thomas M. Carpenter, CW Attorney
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