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133262011034785 Received: 6/1512011 9:54:44 AM Recorded: 06/15/2011 10:02:43 AM Filed Crane, Recorded in Official Records of Larry PULASKI COUNTY CIRCUIT /COUNTY CLERK 1 RESOLUTION NO. 520.00 2 3 4 A RESOLUTION TO ACCEPT TITLE TO PROPERTY DONATED TO 5 THE CITY OF LITTLE ROCK BY WARRANTY DEED, TO BE USED 6 FOR NEIGHBORHOOD REVITALIZATION PROGRAMS; AND FOR 7 OTHER PURPOSES. 8 9 WHEREAS, the Board of Directors has stated as one of its goals a desire to provide for 10 neighborhood revitalization, and has taken special efforts to accomplish this goal through its use of 11 various City and Federal funds, and in affirmative actions such as the creation of a Land Bank 12 Commission; and, 13 WHEREAS, in order to accomplish this goal it is required that properties be obtained by the City in 14 areas that are appropriate for revitalization; and, 15 WHEREAS, Bonnie Rachel N. Cary has indicated her desire to donate to the City of Little Rock, 16 Arkansas, the properties located at 2618 and 2620 Adams Drive, Little Rock, Arkansas, 72204; and, 17 WHEREAS, the City wishes to accept the properties for use in its neighborhood revitalization 18 19 20 21 22 PAI 24 25 26 27 28 29 30 31 32 33 efforts; and, WHEREAS, the City has obtained a full title search which revealed valid title to the property and no significant title issues; and, WHEREAS, the City has performed an environmental assessment of the property pursuant to 24 C.F.R. § 58, et seq. (2003), which revealed no environmental problems; and, WHEREAS, the parcels are 5,700 and 7,250 square foot contiguous lots with no structures; and, WHEREAS, in consideration for the donation of the properties for the public purpose of neighborhood revitalization, the City has agreed to pay the 2010 Real Estate Taxes owed to the Pulaski County Treasurer in the total amount of $112.80; and, WHEREAS, funds to pay the Real Estate Taxes are available in Land Bank CDBG Fund; and, WHEREAS, State law requires that the City accept the property by resolution adopted by the Board of Directors; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. The Board of Directors hereby adopts this Resolution to accept title to j&JIt´┐Ż"%% located at 2618 and 2620 Adams Drive which has been offered as a donation to the Citv. . L ]PAGE 1 of 21 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 34 Section 2. The property shall be used for a public purpose, specifically for City revitalization programs. 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 a if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the ordinance. 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 7, 2011 ATTEST: APPROVED: i Susa n ey, City Clerk Mark Stodola, Mayor APPROVED AS TO LEGAL FORM: Thomas M. Carpenter, Cityttorney // // // // // // // // // // // // [PAGE 2 of 2]