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135591 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 RESOLUTION NO. 13,559 A RESOLUTION TO ACCEPT TITLE TO PROPERTY DONATED TO THE CITY OF LITTLE ROCK BY WARRANTY DEED, TO BE USED FOR NEIGHBORHOOD REVITALIZATION PROGRAMS; AND FOR OTHER PURPOSES. WHEREAS, the Board of Directors has stated as one of its goals a desire to provide for neighborhood revitalization, and has taken special efforts to accomplish this goal through its use of various City and Federal funds, and in affirmative actions such as the creation of a Land Bank Commission; and, WHEREAS, in order to accomplish this goal, it is required that properties be obtained by the City in areas that are appropriate for revitalization; and, WHEREAS, the owners have indicated their desire to donate to the City of Little Rock the property located at 3020 South Main Street; and, WHEREAS, the City wishes to accept the property for use in its neighborhood revitalization 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 parcel is a 5,200 square -foot lot with no structure; and, WHEREAS, in consideration for the donation of the property for the public purpose of neighborhood revitalization, the City has agreed to pay the delinquent real estate taxes owed to the Arkansas State Land Commissioner in the amount of One Thousand, Ninety-Seven and 48/100 Dollars ($1,097.48) and the 2011 Real Estate Taxes in the total amount of Sixty-Six and 26/100 Dollars ($66.26); and, WHEREAS, in consideration for the donation of the property for the public purpose of neighborhood revitalization, the City will release the five (5) outstanding City liens in the total amount of One Thousand, Two Hundred Seven and 97/100 Dollars ($1,207.97); and, WHEREAS, funds to pay the delinquent taxes are available in the Land Bank General Fund Account S35A004; and, WHEREAS, State law requires that the City accept the property by resolution adopted by the Board of Directors; [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 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 the property located at 3020 South Main Street which has been offered as a donation to the City of Little Rock. 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: September 4, 2012 A TTL' CT. APPROVED AS TO LEGAL FORM: Thomas M. Carpenter, City At r ey // 25 // 26 // 27 // 28 // 29 // 30 31 // 32 // 33 // 34 APPROVED: A�k /'Z'- , "g /' Mark Stodola, Mayor Page 2 of 21