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13278ORDINANCE NO 131278 AN ORDINANCE AUTHORIZING THE CITY MANAGER TO EXERCISE AN OPTION FOR THE PURCHASE OF A PARCEL OF LAND TO BE USED FOR RIGHT OF WAY PURPOSES; DIRECTING THE CITY ATTORNEY TO PREPARE THE NECESSARY DOCUMENTS; APPROPRIATING FUNDS; AND FOR OTHER PURPOSES BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. The City Manager is hereby authorized, acting for and on behalf of the City of Little Rock, to exercise an Option to Purchase from Mid -State Land Company for the purchase of a parcel of land described as Lot 4, Block 4, Westwood Addition to the City of Little Rock, to be used for right of way purposes in the extension of Barrow Road south of Asher Avenue in conformance with the Master Street Plan, subject to approval of title by the City Attorney's office. Total consideration for said purchase is $33,500.00. SECTION 2. The City Attorney's office is hereby directed to take whatever action is necessary to effectuate the purchase of said property. SECTION 3. The sum of $33,500.00 is hereby appropriated from the unappropriated balance of the Street Fund to defray the cost of purchase of said Lot 4, Block 4, Westwood Addition as authorized in Section 1 hereof. SECTION 4. This Ordinance shall be in full force and effect from and after its passage. PASSED: May 3, 1977 ATTEST: V /1?.L APPROVED: it y Cle k Mayor