7362RESOLUTION NO. 7,362 154
A RESOLUTION AUTHORIZING THE MAYOR AND THE CITY
CLERK TO ENTER INTO CONTRACTS FOR THE PURCHASE OF
TWO PARCELS OF PROPERTY FOR THE EXTENSION OF
RIVERFRONT PARK.
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 and directed to enter into contracts for the purchase
of property owned by Union Pacific for $44,200.00 and Rand
Company for $100,700.00 for the extension of Riverfront Park, for
a total price not to exceed the budget, payable from the funds
specified in the fact sheets.
ADOPTED: April 2, 199885 ,
ATTEST: �iy, "� 1, /
(
Ci Clerk JcMe�Czech
APPROVED:
Mayor Thomas A. Prince
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M M M M
M M M M M M M
— BOARWF DIRECTORS COMMUNICATTS —
M E M O R A N D U M
March 8, 1985
M ® M M
TO: Mayor and Board of Directors
FROM: SusFieming, City Manager
SUBJECT: ExtenslllliJJJJolllln of Riverfront Park (East)
BOARD ACTION RECOMMENDED: Adoption of a resolution
authorizing the City Manager to acquire two key parcels of
land that will permit the extension of Riverfront Park
easterly approximately one -half mile.
Union Pacific 26,000 sq. ft. $ 44,200
Rand Company 43,672 sq. ft. $ 100,700
155
BACKGROUND INFORMATION: The staff has formulated
preliminary plans for the extension of Riverfront Park east
approximately one -half mile. Two key parcels of land must
be acquired. Agreements and options have been secured. The
agreements were secured at the appraised value placed on
this land by the City Real Estate Officer.
A copy of the proposed plan the extend the park will be
reviewed with the Board at the agenda meeting.
Funds previously appropriated in Acct. No. 2599 -8326 may be
used for the purchase of these parcels.
WK /SF:jf4
CITY OF LITTLE ROCK, ARKANSAS