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13684 2013034890 Received: 5/9/2013 2:48:08 PM `\��tttotttttr��, Recorded: 05/09/2013 02:54:10 PM Filed & ` �� Recorded in Official Records of Larry Crane, %\�.��-••••C•.p i PULASKI COUNTY CIRCUIT/COUNTY CLERK ter " ai!"" Fes $20.00 RESOLUTION NO. 13,684 •. . y RESOLUTION TO AUTHORIZE THE MAYOR AND CITY CLERK TO i4 ASKI CO �� XECUTE APPROPRIATE DOCUMENTS TO ACQUIRE RESIDENTIAL '��unuiu�a�� 5 PROPERTY LOCATED AT 5019 WEST 10th STREET, FOR A 6 PURCHASE PRICE OF FIFTY-NINE THOUSAND, THREE HUNDRED 7 DOLLARS ($59,300.00), FOR USE AS PARK PROPERTY IN WAR 8 MEMORIAL PARK; AND FOR OTHER PURPOSES. 9 10 WHEREAS, in October 2011, the Little Rock Board of Directors authorized the negotiation of the 11 sale of 3.82 acres of the City's interest in Ray Winder Field to UAMS and committed to reinvesting the 12 sale proceeds to the purchase of land in order to offset the loss of city park acreage; and, 13 WHEREAS,the residential property located at 5019 West 1 0111 Street is one(1)of twelve(12)parcels 14 identified as being west of Jonesboro Drive and located south of Interstate 630, and this acquisition by the 15 City will help to accommodate future park development that will complement the Central Arkansas 16 Children's Library; and, 17 WHEREAS,the acquisition of this property represents the ninth of the twelve(12) parcels to become 18 a part of the War Memorial Park acreage; and, 19 WHEREAS, the City has negotiated the purchase of the property at 5019 West 10th Street for the 20 amount of Fifty-Nine Thousand, Three Hundred Dollars($59,300.00); 21 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 22 OF LITTLE ROCK,ARKANSAS: 23 Section 1. The Board of Directors hereby authorizes the Mayor and City Clerk to execute appropriate 24 documents to acquire property at 5019 West 10th Street for the amount of Fifty-Nine Thousand, Three 25 Hundred Dollars($59,300.00), for use as a public park for the future expansion of War Memorial Park. 26 Section 3. Funds for this purchase are available from the proceeds of the sale of the City's interest in 27 Ray Winder Field to the Board of Trustees of the University of Arkansas. 28 Section 4. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 29 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 30 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 31 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the 32 resolution. 33 Section 5. Repealer. All laws, ordinances, resolutions, or parts of the same, that are inconsistent 'Page 1 of 21 1 with the provisions of this resolution, are hereby repealed to the extent of such inconsistency. 2 ADOPTED: May 7,2013 3 ATTE. : APPROVED: 4 Ilk 5 •i�` / ��, 6 Susa 7 L. •y,City Clerk Mark S odola,Mayor 7 APPR: % . i AS TO LEGAL FORM: 8 9 , ":4A/14/--, 10 Thomas M. Carpenter, h'Atto i(tY 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 // [Page 2 of 2]