2350 RESOLUTION NO . 2350
A RESOLUTION AUTHORIZING AND DIRECTING THE MAYOR AND
CITY CLERK ON BEHALF OF THE CITY OF LITTLE ROCK TO
EXECUTE AND ENTER INTO A CONTRACT WITH THE HOUSING
AUTHORITY OF THE CITY OF LITTLE ROCK, ARKANSAS , FOR
THE PURCHASE BY THE SAID CITY FROM THE SAID HOUSING
AUTHORITY OF CERTAIN PROPERTY HEREINAFTER DESCRIBED
TO BE USED BY THE CITY AS A FIRE STATION SITE; AUTHORI-
ZING AND APPROVING THE EXPENDITURE OF SIXTEEN THOUSAND
FIVE HUNDRED DOLLARS ($16,500.00) PAYABLE TO THE
HOUSING AUTHORITY OF THE CITY OF LITTLE ROCK IN PAYMENT
FOR THE SAID FIRE STATION SITE; AUTHORIZING AND DIRECTING
THE CITY MANAGER AND DIRECTOR OF FINANCE TO EXECUTE THE
NECESSARY WARRANT IN PAYMENT THEREFOR; AND FOR OTHER PUR-
POSES .
WHEREAS , the City of Little Rock has by Resolution No . 2267
indicated its desire to buy certain lands hereinafter described
from the Housing Authority of the City of Little Rock, Arkansas,
to be used as a fire station site; and
WHEREAS , the City proposes to buy the property from the
said Housing Authority for the sum of Sixteen Thousand Five
Hundred Dollars ($16,500 .00) cash, said price having first
been approved by the City pursuant to the provisions of
Resolution No. 2267 of the City of Little Rock, Arkansas; and
WHEREAS, the City desires to make an offer to the said Housing
Authority for the purchase of said land in order that the offer
may be accepted by the said Housing Authority;
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The Mayor and City Clerk are hereby authorized and
directed to execute and enter into a Contract for the purchase
of land from the Housing Authority of the City of Little Rock
for the following described property:
Lot 39 of Replat No . 1 "Adams Addition" to the City
of Little Rock, Pulaski County, Arkansas,
which contract shall be in form and words as follows :
CIONTRADT FOR MLR OF LAND
(0F!'1 R AND AST )
=MOCK SNOW ARRA PR0JECT ARK Rr t
Dates
TO, Rousing Authority of the City
of Little leak, Arkansas (Boller)
121 East Soocmd Street
Little Rock, Arkansas
OFFERS
1. ti!: ►r t tie k ti •.... _
heroin called *Buyer*, offers to buy, subject to the terms set forth herein,
the following described lands s
Lot 39, of Rapist No. 1 *Adams Addition" to the
City of Little Rook, Pulaski County, Arkansas
2. Buyer will pay Sixteen Thousand Five Hundred Dollars ($16,500.00)
for said lands in oash within ono hundred and twenty (120) days after the
acceptance of this offer by Seller, on date of closing purchase.
3. Conveyance of said lands shall be made by Special Warranty Deed,
subject to all recorded restrictions and ornaments and to those conditions
set forth horoinaftor to which Beyer expressly airless
(a) To construct a Fire Station on said lands.
(b) For a period of twenty (20) years to use said lands for a
fire station site.
(c) To begin ispromurnta on said Sands within one year from
date of conveyance.
4. 8ollsr shall furnish Bayer a coaplete abstract of title to said
lands which refloats title satisfactory to Buyer or its attorney. Toms
and special assessments, if any, due on or before the closing date shall
be paid by Seller. ✓')
CITE OF LITTLE ROCK, ARKANSAS
( xR)
ATTRST s ET,
81 y b1crk )Iayor
ACCRPTAJCE s
The above offer is accepted this day of , 19
and accordingly constitutes a binding contract for sale of land between
Buyer and Seller.
MUSING AUTHORITY OF TEE Cl?! OF
LITI Z ROCK, AREAS (SELMA)
(SEAL) Ifs
lbosontivo Director
SECTION 2. There is hereby authorized and approved the ex-
penditure of Sixteen Thousand Five Hundred Dollars ($16,500.00)
payable to the Housing Authority of the City of Little Rock in
payment of the purchase price of the property described in Section
1 hereinabove. Said money shall be paid from the 1958 Bond
Construction Funds appropriated by Ordinance No . 10,921 of the
City of Little Rock, Arkansas .
SECTION 3 . The City Manager and Director of Finance are hereby
authorized and directed to execute the necessary warrant in payment
of the purchase price of the said property. Provided, however,
that no warrant shall be issued until evidence of good and
marketable title to the property described herein is presented
to and approved by the City Attorney.
SECTION 4. This resolution shall be in full force and effect
from and after its adoption .
ADOPTED: May 18, 1959
ATTEST: APPROVED:
City Clerk Ma• . .