08-31-94Board of Directors Room
City Hall - 500 W. Markham
Little Rock, Arkansas
August 31, 1994 - 1:35 P.M.
The Board of Directors of the City of Little Rock, Arkansas
reconvened from the August 16, 1994, regular meeting with Mayor
Jim Dailey presiding. City Clerk Robbie Hancock called the roll
with the following Directors present: Directors Roy, Lewellen,
Mason, Adcock, Hendrix, Scheibner, Keck, and Joyce - total 8;
Absent - Directors Priest and Sharp, - total 2.
With a quorum present, Mayor Dailey called the meeting to
order and announced that the public hearing scheduled for this
time and place on the issuance of Airport Revenue Bonds had been
deferred until September 14, 1994 at the request of the Bond
Attorney. (The Bond Attorney will re- advertise the public
hearing for September 14, 1994.)
However, the Board of Directors will consider a Resolution
approving the contract for sale of the Camelot Hotel to Seymour
N. Logan Associates and a Resolution authorizing the sale of
property in the Little Rock Port Industrial Park.
(Director Sharp enrolled at 1:40 o'clock P.M.)
City Attorney Tom Carpenter announced that the Camelot issue
(Item 1 on the Agenda) was not ready for approval of the Board of
Directors because there were still some details to be worked out.
Therefore, the proposed Resolution entitled: "A RESOLUTION TO
APPROVE THE CONTRACT FOR THE SALE OF THE CAMELOT HOTEL TO SEYMOUR
N. LOGAN ASSOCIATES; AND FOR OTHER PURPOSES" was deferred to
September 6, 1994.
Consideration was then given to Resolution No. 9,223,
entitled:
A RESOLUTION AUTHORIZING THE SALE OF CERTAIN PROPERTY IN THE
LITTLE ROCK PORT INDUSTRIAL PARK; AND FOR OTHER PURPOSES; (To
Total Petroleum, Inc. for $150,000 - Tract Q, Area 201.)
Mr. Bob Brave, Executive Director of the Little Rock Port
Authority, explained that Total Petroleum, Inc., a Michigan
corporation, has had a service facility for automobiles and
trucks at the corner of
five years and wishes to
purchase an additional
Industrial Park adjacent
In response to a question
that the $150,000 will go
used for improvements at
The Resolution was then
Director Lewellen, second
Resolution, and the Resc
vote of the Board Members
Fourche Dam Pike and Lindsey Road for
expand that facility. They desire to
one acre in the Little Rock Port
,o their site at $3.50 per square foot.
by Director Adcock, Mr. Brave explained
to the Little Rock Port Authority to be
the Little Rock Port Industrial Park.
read in full. There was a motion by
ad by Director Scheibner, to adopt the
Lution was adopted by unanimous voice
present.
There being no further business to be presented, the
reconvened meeting was adjourned at 1:55 o'clock P.M. with the
Board of Directors to meet again in regular session on Tuesday,
September 6, 1994, at 6:00 o'clock P.M.
ATTEST: YAPP OV ED:
City Clerk Robbie Hancock r Jim Dailey
ley
i�