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7330RESOLUTION NO. 7,330 46 A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO ENTER INTO A CONTRACT FOR THE PURCHASE OF 1423 SOUTH COLLEGE. WHEREAS, the City needs to acquire the right -of -way at 1423 South College as it is necessary for future improvements to the I -630 Eastbound Off -Ramp access to Bond Street; and WHEREAS, funding for that acquisition was previously appropriated for advance right -of -way acquisition. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS; SECTION 1. The Mayor and the City Clerk are hereby authorized to enter into a contract to purchase the vacant lot at 1423 South College for the appraised price of $4,500.00. ADOPTED: February 19, 1985 ATTEST: APPROVED: CIT CLERK Jane gzech MAYOR T omas A. rinse -/0 /3-7