7012RESOLUTION NO. 7,012
A RESOLUTION AUTHORIZING THE EXECUTION OF AN
AGREEMENT BETWEEN THE CITY OF LITTLE ROCK AND
PULASKI COUNTY FOR THE LEASE BY THE CITY FROM
THE COUNTY OF THE OLD COUNTY JAIL PROPERTY.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF
LITTLE ROCK, ARKANSAS:
Section 1. The Mayor and City Clerk are hereby authorized
to execute an agreement in the precise form and strictly in
accordance with the terms of the attached document designated
"Lease Agreement" for the lease by the City of Little Rock from
Pulaski County of the old County Jail Property.
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ADOPTED: June 21, 1983
ATTEST: � APPROVED:
CiV Clerk Jaq Czech ayor J. W. enaf eld
mar a
Resolution No. 7,012
LEASE AGREEMENT
THIS AGREEMENT made and entered this 42. 'day of June,
1983, by and between Pulaski County, Arkansas (hereinafter called
"Lessor ") and the City of Little Rock, Arkansas (hereinaft -er
called "Lessee ").
W I T N E S S E T H:
WHEREAS, Lessor owns certain real property commonly called
the "old jail ", and the improvements thereon have been found to
be antiquated, unusable and in need of demolition, and;
WHEREAS, such property adjoins and /or is included within an
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area to be developed by Lessee as a public park, and;
WHEREAS, it is in the public interest to provide for the
removal of the old jail facility and foster redevelopment in the
area of the old jail into open space and public park and use
areas
NOW, THEREFORE, in consideration of the mutual undertakings
herein contained and for other good and valuable consideration,
I1 the parties agree as follows:
1) Lessor hereby agrees to lease, let and demise to Lessee
that certain property hereinafter described for a period of years
beginning June 15, 1983 and ending June 14, 2082, in accordance
with the terms and conditions hereinafter set forth; said
property being more particularily described as follows:
Commencing at the SW corner of Block 186 of
the original City of Little Rock, Pulaski
County, Arkansas; thence N 196' to the point
of beginning, thence E along the South line
of the Rock Island Railroad right -of -way
142.54' to a point, thence Easterly along
the S right -of -way of the Rock Island
Railroad 110.45' to a point, thence Easterly
along the S right -of -way line of the Rock
Island Railroad right -of -way 50.65' to a
point, thence S 44.32' to a point, thence N
79° 17' W 58.9' to a point, thence S 10°
43'W 20' thence N 79° 17' W 110.0' to a
point, thence N 10° 43' E 42.7' to a point,
�— thence N 80° 04'00 "W 140.9' to the point of
beginning, said area containing
approximately 11,890 square feet.
Commencing at the SW corner of Block 186 of
the original City of Little Rock, Pulaski
County, Arkansas; thence N 196' to a point,
thence Easterly along the S right -of -way
line of the Rock Island Railroad 367.64' to
', the point of beginning, thence S 69° 37'55"
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subject property shall render this Lease Agreement void,
entitling Lessor to immediate possession of the premises and
Lessee shall forfeit any and all rights in and to the premises.
7) Lessee covenants that it shall not transfer, sell or
assign its rights hereunder or otherwise sublet any part of the
leased premises for any purpose whatsoever and fully understands
that Lessor has no legal authority to lease the subject property
except to a municipality and that any assignment or other
transfer of rights granted hereunder will exceed Lessor's
authority to lease and render this contract void and entitle
Lessor to take immediate possession of the property and
Lessee shall forfeit all rights in and to such premises.
However, Lessee may permit use of said property in keeping with
this Agreement and the development of said property as a public
park area and use area.
8) Lessee shall have the option to renew this lease upon
the expiration of the term specified in paragraph 1 hereof, and
thereafter, upon the expiration of future terms, upon written
notice to Lessor at least six (6) months prior to the date of
expiration. Such renewal shall be upon such terms as are
mutually acceptable by the parties.
ATTEST:
SIiIRLEY S iTH
County Clerk
SEAL:
ATTEST_:
J NE CZECH
C ty Clerk
SEAL:
DON VENHAUS
County Judge
. W. BENAFI�LD
Mayor
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