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RESOLUTION NO. 7,21£3
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A RESOLUTION AUTHORIZING THE MAYOR AND CITY
CLERK TO EXECUTE A WARRANTY DEED IN FAVOR OF
OMEGA TUBE & CONDUIT CORPORATION PURSUANT TO
AN OFFER TO PURCHASE ENTERED INTO BY THE
LITTLE ROCK PORT AUTHORITY AND OMEGA TUBE &
CONDUIT CORPORATION AS TO TRACT D, AREA 103,
LITTLE ROCK PORT INDUSTRIAL PARK, SAID DEED
TO CONVEY THE LAND AS DESCRIBED HEREIN AND
TO BE DELIVERED UPON PAYMENT OF THE TOTAL
AMOUNT OF THE PURCHASE PRICE; AND FOR OTHER
PURPOSES.
237
WHEREAS, the Little Rock Port Authority (the "Port
Authority ") has received an offer for the sale of the real
property described below to Omega Tube & Conduit Corporation, an
Arkansas corporation ( "Omega "); and
WHEREAS, the Port Authority has requested that such
real property be conveyed by the City of Little Rock, Arkansas
(the "City ") to Omega;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS:
Section 1. Omega Tube & Conduit Corporation has
offered to purchase approximately 18.94 acres of land described
as Tract D, Area 103, Little Rock Port Industrial Park, pursuant
to an offer to purchase, dated June 4, 1984. The tract of land
under consideration is more particularly described as follows:
A tract of land situated in the Northwest 4
of the Northwest w of Section 22, Township 1
North, Range 11 West of the Fifth Principal
Meridian, City of Little Rock, Pulaski
County, Arkansas, being more particularly
described as follows:
Commencing at the Common Section Corner of
Sections 15, 16, 21 and 22, all in
Township 1 North, Range 11 West of the Fifth
Principal Meridian; thence S 01 degree 25'
41" W, 60.00 feet to a point on the South
right -of -way line of Frazier Pike; thence
along said South right -of -way line of
Frazier Pike, S 87 degrees 52' 09" E, 271.40
feet to the Point of Beginning; thence
continuing along said South right -of -way
line S 87 degrees 52' 09" E, 655.00 feet;
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thence S 02 degrees 07' 51" W, 1260.24 feet
to a point on the South Property Line of the
Little Rock Port Industrial Park; thence
along said South Property Line, N 87 degrees
48' 31" W, 655.00 feet; thence N 02 degrees
07' 51" E, 1259.55 feet to the Point of
Beginning, and containing 18.94 acres, more
or less.
Section 2. As per the terms of the offer to purchase,
there shall p d to the City the sum of $362,000 for the
property described above. The amount of $12,000 received with
the offer to purchase shall be applied against the sum of
$362,000.
Section 3. The Board of Directors of the City hereby
approves t esT f the property described herein to Omega and
the Mayor is hereby authorized and directed to execute for and
on behalf of the City a Warranty Deed and the appropriate Plat
and Bill of Assurance, conveying said property to Omega; and the
City Clerk is hereby authorized and directed to attest said
instruments and to deliver the same to the Office of the City
Attorney for delivery of same to Omega upon full payment of
consideration in the sum of $362,000.
Section 4. This Resolution shall be in full force and
effect from-J-a-t-e of its adoption.
ADOPTED: June 19
ATTEST:
(SEAL)
, 1984.
APPROVED:
By
Mayor J. W. Bena eld
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WARRANTY DEED
(CORPORATION)
KNOW ALL MEN BY THESE PRESENTS:
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the City of Little Rock, Arkansas, a political
subdivision existing Arkansas
�Uwxo under the laws of the State bf_________
FORM NO. $42
CLASS Y
2391
GRANTOR, -- -- - -------- ---- ----- --- - - -- -- — - - - - -- - — - -- -- — -
Mayor City Clerk
by its PWilit &tt and$W>iWfA duly authorized by proper resolution of its Board of Directors, for the
consideration of the sum of_ Hundred Sixty -two _Thousand_____Dollars ($__362 - ,_000.00)
in hand paid by_ Omega Tube & Conduit Corporation, Arkansas CorporEE,
---------- ---------
— -
the receipt of which is hereby acknowledged, does grant, bargain, sell and convey unto the said
GRANTEE and unto___its __**rr* [successors] and assigns forever the following described land,
A tract of land situated in the
Arkansas: - -- --- --------- --- -- - - - - -- ------ -- ------ --- - - - - -- - ----
Section 22 nranship 1,North Range 11 West
of Little flock, Pulaski County, Arkansas,
being more particularly aescribea as tollows:
C «mencing at the Camm� Section Corner of Sections 15, 16, 21, and 22, all in
---- - - - - -- - -- - - -- - - - ---- -- - - - - -- - - - - -- - - - - - - -- - -- - -- — -.
- ------ ------ - - - -- -- -
Township 1 North, Range 11 West of the Fifth Principal Meridian; thence S 01 °25'
41" W, 60.00 feet to a- _Quint_ of the South right of-v*a _line of_Frazier_Pike,_-__--,---
------ -- - - -- - - - - --
thence along said South right- of-way line of Frazier Pike, S 87 °52'09" E, 271.40
feet _to - - the - _Poialt__of_ ,___thence_cbnt -;n„' _al __sait9 South__rightof-ay_._
line S 87 °52'09 "E, 655.00 feet; thence S 02 007'51" W, 1260.24 feet to a point on
, N 87 °48'31" W, 655.00 feet; thence N 02 °07'51" E, 1259.
TO HAVE AND TO HOLD The same unto the said
unto__ its_— *ifas:[successors]and assigns
forever, with all appurtenances thereunto belonging. And GRANTOR hereby covenants with the
said GRANTEE that it will forever warrant and defend the title to said' lands against all claims
whatever.
------- Mayor
IN TESTIMONY WHEREOF, The name of the grantor is hereunto affixed by its prav&m
City Clerk
and attested and its seal affixed by its this____19 thday of______.___June _________, 19_$ 1.
ATTEST:
--------- - - - - -- - - - Clerk City Cl
(Corporate seal)
CITY OF LITTLE ROCK, ARKANSAS
--- - - - - -- - — - -fig - -- -
By- - - - -�_ �- -
-Mayor
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ACKNOWLEDGMENT
Arkansas
Stateof - - - -- - --------- - - - - -- - - - - - - -- - - - - -- - --
- ss:
County of__ PU 1 45ki--------- ----------- ----__
On this day, before me personally appeared_ - ____ -Jane.
J. W. Benafield __to me personally well
that they were the --------
_4a the Citv of
Arkansas, a political sL
Aye81wp'6�and that they, as such officers, being authorized so to do, had
instrument for the purposes therein contained, by signing the name of the co
as such officers.
WITNESS my hand and official seal this_19 ?____day
19--84---.
,11Iy commission expires —_2- ll-92 _- __— -------- ------ - --------
11
STATE OF ARKANSAS,
County of------ ---------------- ------- - - - ---
CERTIFICATE OF RECORD
as.
I•- - -- - - ------ -------------------- Circuit Clerk an(
for the County aforesaid, do hereby certify that the annexed and foregoing i
was filed for record in my office on the ---------- -- ------------ day of --------------------------------
at__- ---- - -- o'clock------------ M., and the same is now duly recorded, with the ackn
tificates thereon, in "Record Book ___---- __ —_;' Page ------------ ------------
IN WITNESS WHEREOF, I have hereunto set my hand and a.
Court, this-------------- ---- ---- -- - -- -- ---day of------------------- ---- --------- - - --- --
who acknowledged
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the foregoing
by themselves
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Ex- Officio Recorder
strument of writing
--- - ------ A. D. 19- - - - - --
wledgments and cer-
the seal of said
---------- 19 - -- - - - - --
Circuit Clerk and Ex- Officio Recorder.
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STATE OF ARKANSAS,
County of------ ---------------- ------- - - - ---
CERTIFICATE OF RECORD
as.
I•- - -- - - ------ -------------------- Circuit Clerk an(
for the County aforesaid, do hereby certify that the annexed and foregoing i
was filed for record in my office on the ---------- -- ------------ day of --------------------------------
at__- ---- - -- o'clock------------ M., and the same is now duly recorded, with the ackn
tificates thereon, in "Record Book ___---- __ —_;' Page ------------ ------------
IN WITNESS WHEREOF, I have hereunto set my hand and a.
Court, this-------------- ---- ---- -- - -- -- ---day of------------------- ---- --------- - - --- --
who acknowledged
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the foregoing
by themselves
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Public.
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Ex- Officio Recorder
strument of writing
--- - ------ A. D. 19- - - - - --
wledgments and cer-
the seal of said
---------- 19 - -- - - - - --
Circuit Clerk and Ex- Officio Recorder.