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135861 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 RESOLUTION NO. 13,586 A RESOLUTION TO AUTHORIZE THE CITY MANAGER, MAYOR AND CITY CLERK TO EXECUTE ANY DOCUMENTS NECESSARY AND TAKE OTHER ACTIONS NEEDED TO PURCHASE A COMMERCIAL LOT WITH IMPROVEMENTS LOCATED AT 501 FERRY STREET TO BE USED AS A FUELING STATION FOR CITY VEHICLES AND TO BE USED AS A COMPRESSED NATURAL GAS FUELING STATION PURSUANT TO THE TERMS OF AN ARKANSAS ECONOMIC DEVELOPMENT COMMISSION GRANT; AND FOR OTHER PURPOSES. WHEREAS, a Downtown Little Rock fueling station is needed for efficient use of City fleet vehicles; and, WHEREAS, the Arkansas Energy Office ( "AEO "), a division of the Arkansas Economic Development Commission ( "AEDC "), wishes to partner with public and private entities for the installation of Compressed Natural Gas ( "CNG ") fueling stations to meet the goals of the Arkansas Alternative Fuels Development Act; and, WHEREAS, a CNG fueling station is needed in the Little Rock area; and, WHEREAS, the City of Little Rock is eligible to receive a CNG Fueling Station Grant from the AEDC in the amount of Two Hundred Thirty Five Thousand Dollars ($235,000) for the purchase of CNG equipment if steps are taken to locate and purchase a suitable refueling facility site; and, WHEREAS, Southwestern Energy Company wishes to donate One Hundred Thousand Dollars ($100,000.00) to the City for the establishment of a CNG fueling station if the City purchases a suitable refueling facility site; and, WHEREAS, the City has negotiated a price of Four Hundred Twenty Five Thousand Dollars ($425,000.00) for the purchase of a fueling station located at 501 Ferry Street; and WHEREAS, the Board of Directors finds that the purchase of this property is important to the efficient operation of the City's fleet vehicles and to the development of CNG infrastructure and, therefore, is beneficial to the general welfare of the citizens of the City of Little Rock. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. The Board of Directors hereby authorizes the purchase of property identified as 501 Ferry Street, and more particularly described in Attachment "A" to this resolution, for Four Hundred Twenty IPage 1 of 31 I Five Thousand Dollars ($425,000.00), and hereby authorizes the expenditure of an amount not to exceed 2 Six Thousand, Three Hundred Dollars ($6,300.00) for a Phase I Environmental Assessment, a Phase II 3 Environmental Assessment, equipment inspection, document preparation, recording fees and closing 4 costs. 5 Section 2. Contingent upon an acceptable title commitment, a satisfactory Phase II Environmental 6 Assessment of the premises and a satisfactory inspection of the fueling equipment for fitness for the 7 City's purposes, the Board of Directors hereby authorizes the City Manager, Mayor and City Clerk to 8 execute any documents necessary and take other actions needed to purchase the property at 501 Ferry 9 Street for use as a fueling station for City fleet vehicles and as a compressed natural gas fueling station. 10 Section 3. Funding for the purchase of this property is available from undesignated grant match 11 funds in the amount of One Hundred Forty Nine Thousand, Two Hundred Nineteen Dollars 12 ($149,219.00) in account 108129- SIOA051, Intergovernmental Revenues received in July 2012 that were 13 in excess of budget projections by Two Hundred Thirty Four Thousand, Six Hundred Seventy Five 14 Dollars ($234,675.00), and Fleet Services reserves of Forty One Thousand, One Hundred and Six Dollars 15 ($41,106.00), and funding for the Phase I Environmental Assessment, Phase II Environmental 16 Assessment, equipment inspection, document preparation, recording fees and closing costs is available in 17 the Fleet Services Department Operating Budget for 2012. 18 Section 4. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 19 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 20 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 21 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the 22 23 24 25 26 27 28 29 30 31 32 33 34 35 resolution. 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: October 16, 2012 / ATTEST. 4 ity Clerk AS TO LEGAL FORM: h,4 -� /lV1. C4 Thomas M. Carpenter, City A APPROVED. Mark Stodola, IPage 2 of 31 I ATTACHMENT "A" 2 Property Description 3 4 Lots 1, 2, 13, and 14, Block 4, Stevenson's Addition to the City of Little Rock, 5 Pulaski County, Arkansas; 6 7 AND 8 9 Part of Lot 3 of said Block 4, Stevenson's Addition to the City of Little Rock, 10 Pulaski County, Arkansas, more particularly described as: Beginning at the 11 Northwest corner of Lot 3, Block 4, Stevenson's Addition; run thence South 12 81° 07' East for 2.8 feet to a point on the North line of Lot 3; thence South 13 02° 13' East for 152.1 feet to a point on the South line of Lot 3; thence North 14 81° 07' West for 21.2 feet to the Southwest corner of Lot 3; thence North 04° 15 13' East along the Westerly line of Lot 3 for 150.0 feet to the Point of 16 Beginning. 17 18 [end of description] 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 Page 3 of 31