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12780oir ORDINANCE NO. AN ORDINANCE EXERCISING APPROXIMATELY 43 ACRES ARKANSAS; APPROPRIATING FEDERAL REVENUE SHARING PURPOSES. 12,780 THE OPTION TO PURCHASE OF LAND IN PULASKI COUNTY, THE SUM OF $145,000 FROM FUNDS; AND FOR OTHER BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. The City of Little Rock, Arkansas hereby accepts the offer of the owners of the following described real property situated in Pulaski County, Arkansas to sell said property to the City of Little Rock for a total purchase price of $145,000.00: The West one -half of the West one -half of the Northwest Quarter of the Northwest Quarter of Section Eleven, Town- ship One (1) South, Range 13 West, containing Ten acres; Also a part of the Northeast Quarter of the Northeast Quarter of Section 10, Township 1, South Range 13, West, described as follows: Beginning at the northeast corner of Section 10, and running thence south 80 rods to the Southeast corner of the northeast quarter of the north- east quarter, running thence West 80 rods to the south- west corner of said northeast quarter of the noxtheast quarter; thence north to the southside of Fourth Street in the town of Mabelvale; thence in a northeasterly di- rection along the south side of said Fourth Street to the intersection of the section line between sections 3 and 10; thence north 880 50' east of said section line 3.49 chains to the beginning, except the right -of -way of the Missouri Pacific Railroad, containing 33 acres more or less according to the United States Survey, except also that portion of said tract conveyed to American Leigon Post No. 128, described as, beginning at a post 335 feet north of the southwest corner of the Northeast Quarter of the Northeast Quarter of Section 10, Township 1 South, Range 13 West, running thence North along the West line of said Northeast Quarter of the Northeast Quarter of Section 10; 161 feet to a post at the line of the right -of -way of the Arkansas Light & Power Com- pany, and thence in a northeasterly direction 74 feet along the line of the Arkansas Power & Light Company right -of -way to a post on the ritjht -of -way of the public road leading from Mablevale, and thence in a southeaster- ly direction along said right -of -way 125 feet to a post, and thence in a southwesterly direction to a post, the place of beginning; and it is also intended by the Grantors to convey unto the said Grantee, her heirs and assigns any and all right, title and interest which we might have in any and all other lands in Pulaski County formerly, owned by Amos Morehart who died intestate April 16th 1947, and his surviving widow, Emily Morehart, who died intestate November 8th 1950. oco -'p P — / 1 w -1 SECTION 2. The City Manager is hereby authorized and directed to proceed with the execution of any and all instruments and documents that may be necessary for purchasing and consummating the purchase of the herein described property vesting fee simple title in the City of Little Rock in accordance with the Title Opinion of the City Attorney and pay said purchase price to the person or persons entitled thereto according to the Title Opinion of the City Attorney. SECTION 3. There is hereby appropriated from Federal Revenue Sharing Funds the sum of $145,000.00 to be used for the payment of the purchase price herein provided for. SECTION 4. This Ordinance shall be in full force and effect from and after its passage. PASSED: May 18, 1973 ATTEST iy ft erk APPROVED : Zj( i' " /r," . Mayor