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136022012076654 Received: 11/21/2012 11:23:16 AP= Recorded: 11/21/2012 11:27:25 AM Filed & Recorded in Official Records of Larry Crane, PULASKI COUNTY CIRCUITlCOUNTY CLERK Fees $20.00 1 RESOLUTION NO. 13,602 2 3 4 A RESOLUTION TO ACCEPT TITLE TO PROPERTY DONATED TO 5 THE CITY OF LITTLE ROCK, ARKANSAS, BY SPECIAL WARRANTY 6 DEED, TO BE USED FOR NEIGHBORHOOD REVITALIZATION 7 PROGRAMS; AND FOR 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, Mr. and Mrs. Robert L. Aycock have indicated their desire to donate to the City of 16 Little Rock the property located at 1812 Pinewood Drive; and, 17 WHEREAS, the City wishes to accept the property for use in its neighborhood revitalization efforts; 18 and, 19 WHEREAS, the City has obtained a full title search which revealed valid title to the property and no 20 significant title issues; and, 21 WHEREAS, the City has performed an environmental assessment of the property pursuant to 24 22 C.F.R. § 58, et seq. (2003), which revealed no environmental problems; and, 23 WHEREAS, the parcel is a 12,194 square -foot vacant lot with no structure; and, 24 WHEREAS, in consideration for the donation of the property for the public purpose of neighborhood 25 revitalization, the City has agreed to release three (3) outstanding City liens in the total amount of 26 $1,020.91; and, 27 WHEREAS, the 2011 Real Estate Taxes have been paid in full by the owner; and, 28 WHEREAS, State law requires that the City accept the property by resolution adopted by the Board 29 of Directors; 30 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 31 OF LITTLE ROCK, ARKANSAS: 32 Section 1. The Board of Directors hereby adopts this resolution to accept title to the property located 33 at 1812 Pinewood Drive which has been offered as a donation to the City of Little Rock.�� -.,,,, �4 [Page 1 of 21' "i1 + 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 35 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: November 20, 2012 ATTEST: APP ROVED: y, UN Clerk AS TO LEGAL FORM: Thomas M. Carpenter, City Att ney' // // // // // // // // // // // // // // // Mark Stodola, Mayor IPage 2 of 21