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129901 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 RESOLUTION NO. 12,990 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO ENTER INTO A CONTRACT WITH ASSOCIATES CLOSING & TITLE, DB /A RDI RECORDS, LLC, FOR TITLE SEARCH AND COMMITMENT SERVICES FOR PROPERTIES ACQUIRED BY THE LANDBANK; AND FOR OTHER PURPOSES. WHEREAS, an RFQ was issued to procure services to conduct title searches and issue title commitments for properties acquired by the Landbank, and Associates Closing & Title, d/b /a was the only firm that responded; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. The Board of Directors hereby authorizes the City Manager to negotiate a contract with Associates Closing & Title, d /b /a RDI Records, LLC, to conduct title searches and issue title commitments for properties acquired by the Landbank. Section 2. Funding was approved in the 2006 and 2007 Consolidated Plans for this purpose. Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or adjudication shall not affect the remaining portions of the resolution which shall remain in full force and effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the resolution. Section 4. Repealer. All laws, ordinances, resolutions, or parts of the same, that are inconsistent with the provisions of this resolution, are hereby repealed to the extent of such inconsistency. ADOPTED: June 16, 2009 APPROVED: Mark Stodola, Mayor 31 32 tj�'a � 33 Thomas M. Carpenter, City At ney 34 35 1/ [PAGE 1 OF 11 Resolution To authorize a contract for title searches and iisuance of title commitments