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°,. 82/27/2882 10:37:53 AN
Filed & Recorded in
•* n e Official Records of
aP •'•� %t' ^ p e CAROLYN STALEY
i '� • • C a RESOLUTION NO. 11.229 PULASKI COUNTY
' g CIRCUIT /COUNTY CLERK
y o Fees $11.80
P°°
/ryY�y, SOLUTION TO AUTHORIZE THE PURCHASE OF A TRACT OF
°"Whi(Y,cuo °o °°
4 °PROPERTY ADJACENT TO THE WILLIAM JEFFERSON CLINTON
5 PRESIDENTIAL PARK; TO AUTHORIZE THE MAYOR AND CITY CLERK
6 TO EXECUTE ANY NECESSARY DOCUMENTS TO EFFECT THIS
7 PURCHASE; AND FOR OTHER PURPOSES.
8
9 WHEREAS, the City Board of Directors adopted Little Rock, Ark., Resolution No. 10,125
10 (November 7, 1997) ( "LRR_" ),.to create the William Jefferson Clinton Presidential Park District
11 ("Clinton Presidential Park "), and
12 WHEREAS, pursuant to Little Rock, Ark., Ordinance No. 17,690 (March 17, 1998)
13 ( "LRO_ ") the City issued capital improvement revenue bonds, authorized by Amendment 65 to
14 the Arkansas Constitution, and the proceeds from this bond issue included monies to pay for land
15 acquisition for the Clinton Presidential Park, and
16 WHEREAS, this land acquisition included the purchase of certain railroad right -of -way and
17 railroad bridges as expressly authorized in LRR 11,173 (December 4, 2001), and
18 WHEREAS, with the accumulation of land for the Clinton Presidential Park, and the
19 railroad right -of -way and bridges, it has been determined that there is a small plot of land
20 immediately adjacent to the park that should be purchased in order to preserve the park environment
21 and funds are available for this purchase in the bond proceed fund, and
22 WHEREAS, this purchase would be consistent with the goals set forth in the Little Rock
23 Parks & Recreation Master Plan approved in LRO 18,528 (July 17, 2001),
24 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
25 THE CITY OF LITTLE ROCK, ARKANSAS:
26 Section 1. The Mayor and City Clerk are authorized to execute any and all documents to
27 effect the transfer of title of certain property more fully described in Exhibit A to this Resolution to
28 the City of Little Rock, Arkansas, for an amount not to exceed fifty thousand ($50,000) dollars.
Resolution
Purchase of park property
[PAGE 1 OF 21
0
6.
I Section 2. Funds for this purchase are available from the $16,405,000, City of Little
2 Rock, Arkansas, Capital Improvement Revenue Bonds: Parks & Recreation Purposes, Series
3 1998A, and are found in Account No. 305- 214 -A105.
4 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause,
5 phrase, or word of this resolution is declared or adjudged to be invalid or unconstitutional, such
6 declaration or adjudication shall not affect the remaining portions of the resolution which shall
7 remain in full force and effect as if the portion so declared or adjudged invalid or unconstitutional
8 was not originally a part of the resolution.
9 Section 4. Repealer. All resolutions, bylaws, and other matters inconsistent with this
10 resolution are hereby repealed to the extent of such inconsistency.
11 ADOPTED: February 5, 2002
12 ATTEST: APPROVED:
13 / /J
14 ��� t�
15 Nan Wood,/City Clerk Ji ailey, Mayor
16 APPROVE //D AS TO LEGAL FORM:
17
18
19 Thomas M. Carpenter, City Aftbrney
[PAGE 2 OF 21
Resolution
Purchase of park property
Fil2n n k'0bt! 15420
=EACH ABSTRACT 8 UARANTY COMP !# /1z /2062 82:51:27 PH ,
100 Center Street, P.O. Box 2580, Little Ro AR 72203 (501) 376 -3301 sled 8 Recorded in
2200 4-d'ewood . Rodney Parham, Suite 101, Little Rock, AR 72212 (501) 225 -0846 .. ::,,•Official Records of
55 5 hn F. Kennedy Blvd, North Little Rock, AR 72116 (501) 758 -9147 CAROI.YN-'STALEY
550 Drive, Maumelle, AR 72113 (501) 851 -6633 PULASKI COUNTY
CIRCUIT /COUNTY CLERK
Fees 411.08
QUITCLAIM DEED
(Corporation)
KNOW ALL MEN BY THESE PRESENTS:
That, the Heifer Project International, GRANTOR, by virtue of the laws of the State of Arkansas by its
Cc0 Mel-• duly authorized hereto by proper resolution ,for and in
consideration of the sum of - - -TEN AND 00/100 - -- DOLLARS - -- ($10.00) - - -and other good and valuable
consideration in hand paid by the City of Little Rock, Arkansas, GRANTEE, the receipt of which is hereby
acknowledged, do grant, sell and quitclaim unto the said GRANTEE and unto its successors and assigns forever,
the following lands lying in the County of Pulaski and the State of Arkansas to -wit:
A parcel of land in the NE1 /4 of the SE1 14 of Section 2, Township 1 North, Range 12 West, in Block 15, Russell's Addition to the
City of Little Rock, Pulaski County, Arkansas, and being more particularly described as follows: Commencing at the Northeast
corner of said NE1 /4 of the SE1 14; thence North 87 degrees 50 minutes 40 seconds West a distance of 745.39 feet; thence North
46 degrees 52 minutes 49 seconds West a distance of 189.25 feet for a point of beginning; thence North 88 degrees 27 minutes
51 seconds West a distance of 231.38 feet; thence North 01 degrees 51 minutes 51 seconds East distance of 75.00 feet; thence
South 87 degrees 53 minutes 45 seconds East a distance of 163.74 feet; thence South 01 degrees 58 minutes 04 seconds West
a distance of 13.64 feet; thence South 46 degrees 52 minutes 49 seconds East a distance of 90.00 feet to the point of beginning.
To have and to hold the same unto the said GRANTEE and unto its successors and assigns forever, with
all appurtenances thereunto belonging.
IN TESTIMONY WHEREOF, the name of the grantor is hereunto affixed by its it end-
this - day of February, 2002.
••.• °••�pU R T ° ° °° Heifer Project International
BY
a
•. 0 , N
I hereby certify under penalty of false swearing that at least the legally The form of this instrument approved by:
correct amount of documentary stamps have been placed on this Charles G. Alagood, Attorney at Law
instrument. Exempt or no consideration paid if nonit §hown. #4 Gravelle Drive, Little Rock, AR 72223
(501) 868 -6670
G� AG--ENTA . -_ �
ADDRESS:LICaf, 7crr»✓ 33?
. do.,✓,�, �. -•�9 Beach.
�poa-ao35
• Doc# Pn82115420
ACKNOWLEDGMENT
STATE OF ARKANSAS
COUNTY OF PULASKI
BE IT REMEMBERED, on this _ day of February, 2002 ,before me, the undersigned, a notary public
duly commissioned qualified and acting within and for the said County and State, appeared in person the within
named Luck to me personally well known (or
satisfactorily proven to be), who stated that9heg vW the ! and
---of 4er &F Pggaj; f lelta stw— 'ecorporation, and were duly uthorized in their respective capacities to
execute the foregoing instrument for and in the name and behalf of said corporation, and further stated and
acknowledged that they had so signed, executed and delivered said foregoing instrument for the consideration,
uses and purposes therein mentioned and set forth.
�/71C
IN TESTIMONY WHEREOF, I have hereunto set my hand and official seal this a day of February 2002.
OFF161AL SEAL
SHARON A. MILLER
Notary Public - Arkansas NOTARY PU ILICC
Pulaski County
My Commission Expires: -3o0.a
File # 2002 -2035
PURCHASER'S STATEMENT I*
Date: February 7, 2002
Heifer Project International
Purchaser: City of Little Rock, Arkansas
Property: Part NE/ 14 SE 1/4, Section 2- !n -12W, in Block 15, Russell's Addition,
Little Rock, Pulaski County, Arkansas
GF No.: 20022035
PurchasePrice ............................................................................................... ............................... $50,000.00
Plus: Charges
Revenue Stamps to Department of Finance and Administration ......................... ............................... EXEMPT
Total Charges .............................................. ............................... ..........................$0.00
Gross Amount Due By Purchaser ............................. ............................... $50,000.00
Less: Credits
TotalCredits ......................................................................... ............................... $0.00
Balance Due By Purchaser ................... ............................... �5.0_.OQQ.20
Purchaser Understands the Closing or Escrow Agent has assembled this information representing the transaction from the best information available from other
sources and cannot guarantee the accuracy thereof. Any real estate agent or lender involved may be furnished a copy of this statement.
Purchaser understands that tax and insurance prorations and reserves were based on figures for the preceding year or supplied by others or estimates for current
year, and in the event of any change for current year, all necessary adjustments must be made between Purchaser and Seller direct.
The undersigned hereby authorizes Beach Abstract & Guaranty Company to make expenditure and disbursements as shown above and approves same for payment.
The undersigned also acknowledges receipt of Loan Funds, if applicable, in the amount shown above and a receipt of a copy of this Statement.
Beach Abstract & Guaranty Company
B )
1Z Miller, Es /crow Officer
City of Little Rock, Arkansas
By:
02/07/02 (1:44 PM) Prepared by Beach Abstract & Guaranty Company