6984RESOLUTION NO. 6,984 359
A RESOLUTION AUTHORIZING THE SALE
OF THE SURPLUS PROPERTY (THE OLD
FIRE STATION) AT 14TH AND PULASKI
STREETS.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF
LITTLE ROCK, ARKANSAS:
Section 1. The Mayor is hereby authorized, on behalf of
the City of Little Rock to execute and deliver to A. L. Lockhart
and Albert Lamb, as agents for J. H. Blount Lodge #472, an
appropriate instrument to convey to J. H. Blount Lodge #472, the
City's surplus property (the old Fire Station) at 14th and
Pulaski Streets in accordance with the terms and conditions set
forth in the attached memorandum.
Section 2. This Resolution shall take effect and be in
force from the date of its approval.
ADOPTED: May 3, 1983
,l
ATTEST: APPROVED: .y `
Ci y Clerk—j#tne Czech Mayor J. W. ffenafie ld
City of Little Rock •
Office of the City Hall
City Manager Markham at Broadway
Little Rock, Arkansas 72201
371 -4510
360
MEMORANDUM
April 22, 1983
TO: Mayor and Board of Directors
FROM: Susan Fleming, Acting City Manager
SUBJECT: Sale of Surplus Property - 14th & Pulaski Streets
The City of Little Rock has received an offer from Mr. A. L. Lock-
hart and Mr. Albert Lamb representing J. H. Blount Lodge #472 to
lease /purchase the Old Fire Station at 14th & Pulaski Streets at
a price of $40,000.
Should the offer be accepted, the lodge and the City staff have
agreed to the following basic conditions:
1. They will be granted a 5 -year lease at $250 a month
with an option to purchase within the 5 -year period.
2. When the option to purchase is executed, all lease
payments received by the City shall apply toward
the purchase price.
3. The lodge will allow the City to use any unused
space at no charge (except for utilities) during
the lease period for City programs.
4. The lodge shall be responsible for all upkeep, re-
pairs and liability insurance.
5. The building will be used for the business of the
lodge and space may be sub - leased with the approval
of the City to other lodges, eastern star chapters,
fraternities and sororities.
I recommend Board approval. This property has been declared surplus
and advertised as provided for by Board policy.
san Fleming
Acting City Manager