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131662011001638 Rxeceived: 1/6/2011 2:46:00 1= i'V1, Recorded: 01106120111 012:53:23 P'NA, Hied & Recorded in Official Records of La r Crane, I RESOLUTIONNO 13,160ULASK COUNTY CJRCIIM UM T C LERK secs 3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER, MAYOR AND 4 CITY CLERK TO EXECUTE ANY DOCUMENTS NECESSARY AND TAKE 5 OTHER ACTIONS NEEDED TO PURCHASE A 7,920 SQUARE FOOT LOT 6 WITH IMPROVEMENTS LOCATED AT 5812 WEST 14th STREET TO BE 7 UTILIZED FOR EXPANSION OF OAK FOREST PARK AND TO PROVIDE 8 IMPROVED ACCESS TO OAK FOREST PARK, AND FOR OTHER PURPOSES. 9 10 WHEREAS, Oak Forest Park, located at West 14`h and Pierce Streets, is a neighborhood park with 11 limited access along a public utility easement; and 12 WHEREAS, acquisition of the 7,920 square foot residential lot at 5812 West 14th Street would 13 provide much needed public access to Oak Forest Park; and 14 WHEREAS, a recent Phase I Environmental Site Assessment for this property indicated that there 15 were no environmental hazards except asbestos in the glue on the floor tiles of the existing structure, 16 which will need to be removed prior to demolition of the structure; and 17 WHEREAS, the Parks Department's offer to purchase the 7,920 square foot residential lot adjacent 18 to Oak Forest Park for Sixty Thousand Dollars ($60,000.00) was accepted by the property owners; and 19 WHEREAS, the Board of Directors finds that the purchase of this property for expansion of Oak 20 Forest Park would be beneficial to the recreational interests and the general welfare of the citizens of the 21 City of Little Rock. 22 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 23 OF LITTLE ROCK, ARKANSAS: 24 Section 1. The Board of Directors hereby authorizes the purchase of the residential lot with 25 improvements located at 5812 West 14th Street, and more particularly described in Attachment "A" to this 26 resolution, for Sixty Thousand Dollars ($60,000.00) and hereby authorizes the expenditure of an amount 27 not to exceed Eight Hundred Dollars ($800.00) for document preparation, recording fees and closing 28 costs. 29 Section 2. The Board of Directors hereby authorizes the City Manager, Mayor and City Clerk to �30 execute any documents necessary and take other actions needed to purchase the property for use as a 31 public park and park access. [PAGE I of 3] RESOLUTION To authorize the purchase of real property for expansion of Oak Forest Park 1 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 31 32 33 Section 3. Funds for the purchase of this property are available from the refinancing of the Presidential Library Park Bonds. Section 4. 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 were not originally a part of the resolution. Section 5. 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: July 20, 2010 APPROVED AS TO LEGAL FORM: Thomas M. Carpenter, City orney // // // // // // // // // // // // // RESOLUTION To authorize the purchase of real property for expansion of Oak Forest Park APPROV�D: � lci e Mark Stodola, Mayor [PAGE 2 of 3] I ATTACHMENT A 2 3 Property Description 4 5 6 Parcel # 34L127000640, Lot 32 Block C Township 1N Range 12 W Oak Forest 7 Gardens Annex to the City of Little Rock, Pulaski County, Arkansas. 8 9 U 10 H 11 H 12 H 13 H 14 H 15 H 16 H 17 H 18 H 19 H 20 H 21 H 22 H 23 H 24 H 25 H 26 H 27 H 28 H 29 H 30 H 31 H 32 H [PAGE 3 of 3] RESOLUTION To authorize the purchase of real property for expansion of Oak Forest Park