Loading...
114630 1 N RESOLUTION NO. 11,463 0 3 A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK 4 TO EXECUTE A DEED AND FOR THE CITY MANAGER TO 5 EXECUTE CLOSING DOCUMENTS FOR THE CONVEYANCE OF 6 THE MOSAIC TEMPLARS BUILDING FROM THE CITY OF 7 LITTLE ROCK TO THE DEPARTMENT OF ARKANSAS a HERITAGE; AND FOR OTHER PURPOSES. 0 10 WHEREAS, the Mosaic Templars Building located at 9th and Broadway Streets in 11 Little Rock, Arkansas was constructed circa -1911, and 12 WHEREAS, the City of Little Rock acquired the building in 1992 to save the 13 structure from demolition, and 14 WHEREAS, the structure is architecturally intact and is listed on the National 15 Register of Historic Places, and 16 WHEREAS, the City passed Little Rock Resolution No. 10,650 on September 21, 17 1999, for the purpose of entering into a contract with the Society for the Preservation of Is Mosaic Templars Buildings ( "SPMTB ") for disposition and renovation of the Mosaic 19 Templars Building, and 20 WHEREAS, the Arkansas General Assembly enacted three laws pertaining to the 21 historic Mosaic Templars of America Building providing for, among other things, funding 22 for the restoration and preservation work of the building, and 23 WHEREAS, the City of Little Rock has been asked to donate the building to the 24 Department of Arkansas Heritage which is the entity requesting the funds to rehabilitate 25 the structure, and [PAGE 1 OF 2] Resolution Mosaic Templars of America Building 0 0 1 WHEREAS, the Little Rock Board of Directors deems it appropriate and in the best 2 interest of the public health, safety and welfare to convey the building to the Department of 3 Arkansas Heritage in order to hold title, under certain restrictions noted in the deed of 4 conveyance, for the purpose of renovating the structure. 5 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF 6 THE CITY OF LITTLE ROCK, ARKANSAS: 7 Section 1. The Mayor and the City Clerk are authorized to execute a special s warranty deed in substantially the form attached hereto as Exhibit "A ", as finally approved 9 by the City Attorney, and the City Manager is authorized to execute any closing documents to necessary for the conveyance of the Mosaic Templars of America Building at 9th and 11 Broadway to the State of Arkansas, Department of Arkansas Heritage. 12 ADOPTED: February 18, 2003 13 ATTEST: APPROVED: 14 15 16 Nancy Woo/d, City Clerk Willie Hinton, Vice Mayor 17 18 APPROVED AS TO LEGAL FORM: 19 20 21 Thomas M. Carpenter, City Attorney 22 23 // 24 // 25 // 26 // 27 // [PAGE 2 OF 21 Resolution Mosaic Templars of America Building u SPECIAL WARRANTY DEED KNOW ALL MEN BY THESE PRESENTS: 0 That the CITY OF LITTLE ROCK, ARKANSAS, Grantor, duly authorized by resolution of its Board of Directors, for and in consideration of Ten Dollars ($10.00) and other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, does hereby grant, bargain, sell and convey unto the STATE OF ARKANSAS, Grantee, all of Grantor's right, title and interest in and to the following described lands in Little Rock, Pulaski County, Arkansas: Lot 12 and the East half of Lots 1 and 2, Block 112, Original City of Little Rock, Pulaski County, Arkansas. THE ACQUIRING state agency is the Department of Arkansas Heritage. THIS CONVEYANCE is made on condition that the lands and structure herein conveyed be renovated and rehabilitated and used by the Grantee or its assigns for the construction and operation in the building of the Mosaic Templars of America Center for African- American Culture and Business Enterprise, and other incidental uses, it being understood that if the lands conveyed herein shall ever cease to be used for such stated purpose, then the title to said lands shall automatically revert in the Grantor. SUBJECT TO all existing easements of record, including, but not limited to, Conservation Easements. TO HAVE AND TO HOLD the same unto Grantee and unto its successors and assigns forever for the uses. and purposes stated herein, with all appurtenances thereunto belonging. GRANTOR hereby covenants with Grantee that it will forever warrant and defend the title to said land against all claims whatsoever. 0 IN WITNESS WHEREOF, the Grantor has caused this Warranty Deed to be signed in its name and behalf by the Mayor and its corporate seal to be hereunto affixed and attested by the City Clerk as of this day of '12003. CITY OF LITTLE ROCK, ARKANSAS By: ATTEST: Nancy Wood, City Clerk Jim Dailey, Mayor Prepared by the Office of the Little Rock City Attorney CITY ACKNOWLEDGMENT STATE OF ARKANSAS, ) )SS COUNTY OF PULASKI 1, , notary public in and for said county in the state aforesaid, do hereby certify that Jim Dailey, personally known to me to be the Mayor of the City of Little Rock, Arkansas, and Nancy Wood, personally known to me to be the City Clerk of the City of Little Rock, appeared before me this day in person and severally acknowledged that as such City Mayor and City Clerk, they signed and sealed the said instrument and caused the seal of the authority of the Board of Directors of the City of Little Rock, Arkansas, as their free and voluntary act and deed of said City of Little Rock, Arkansas, for the uses and purposes therein set forth. Given under my hand and notarial seal this day of '12003. Notary Public My Commission Expires: