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2720 RESOLUTION NO. 2,720 A RESOLUTION AUTHORIZING AND DIRECTING THE MAYOR AND CITY CLERK TO EXECUTE A DEED ON BEHALF OF THE CITY OF LITTLE ROCK, ARKANSAS, CONVEYING CERTAIN PROPERTY HEREINAFTER DESCRIBED TO TRANSPORTATION PROPERITIES, INC. , WHICH CONVEYANCE WAS PREVIOUSLY AUTHORIZED BY RESOLUTION NO. 2,684; AND FOR OTHER PURPOSES. WHEREAS, by Resolution No. 2,684, adopted April 17, 1961, the Board of Directors of the City of Little Rock authorized and directed the Mayor and City Clerk to execute a Quitclaim Deed con- veying to Transportation Properties, Inc. , certain property therein described; and WHEREAS, it has been determined that the description contained in the Quitclaim Deed set forth in Resolution No. 2684 should be changed in order to clarify same; and WHEREAS, the Board of Directors of the City of Little Rock desires to authorize and direct the Mayor and City Clerk to execute a Quitclaim Deed containing a better description of the property to be conveyed; 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 a Quitclaim Deed on behalf of the City of Little Rock, Arkansas, conveying certain property hereinafter described to Transportation Properties, Inc. , for a purchase price of Eight Thousand and No/100 Dollars ($8,000.00) , which Quitclaim Deed is set forth in Section 2 hereof, and replaces the Quitclaim Deed previously set forth in Section 2 of Resolution No. 2,684, adopted April 17, 1961. SECTION 2. The Quitclaim Deed, authorized in Section 1 hereof, shall be in form and words as follows: Q 0 I T C A : . D E D 11110 0 Id ' , the City of Little Rock, Pulaski County, Arkansas, on the direrRillr , 1961, by Resolution No. authorized and directed the Mayor, together with the City Clerk, to convey to Transportation Properties, Inc. , property in the City of Little Rock, hereinafter described: NOW THEREFORE, I, W. C. KNOOP, Mayor, and I, PAULINE G. DRESON, City Clerk of Little Rock, a municipal corporation, organised, chartered and existing under authority of the laws of the State of Arkansas, for and in consideration of the sum of Eight Thousand and No/100 Dollars ($8,000.00) , cash in hand paid, the receipt of which is hereby acknowledged, acting for and in behalf of the City of Little Rock, Arkansas, do hereby convey, alien and quitclaim unto Transportation Properties, Inc. , its successors and assigns for- ever, the following lands lying in the City of Little Rock, County of Pulaski, State of Arkansas, to-wit: Part of Lots Seven (7) and Eight (8) , Block Two Hundred Fifty-five (255) , of the Original City of Little Rock, Arkansas, more particularly described as follows: From the Northwest corner of Lot 7 ; South 66.0 feet along lk the West line of Lot 7 to a point; thence East 1.2 foot to a point on the North right-of-way line of Lalarpe Boulevard, the point of beginning; thence East 48.8 feet to a point on the West line of Lot 8; thence North 66.0 feet to the Northwest corner of Lot 8; thence East 50.0 feet to the Northeast corner of Lot 8; thence South 125.7 feet along the East line of Lot 8 to a point on the North right-of-way right-of-vay line of LaHarpe . Boulevard; thence northwesterly along a 14°O1' 23" degree of curvature along the North right-of-way line .of LaHarpe Boulevard, 116.2 feet, chord distance, to the point of beginning, containing 0.157 acres, re or less. TO RAVE AND TO HOLD the same unto Transportation Properties, ccessors and assigns forever, together with all and singular, the tenements, appurtenances and bereditaments belonging or in any wise appertaining. N WITNESS WHEREOF, the City of Little Rock, a municipal corporation, has caused these presents to be signed by its Mayor, • t 2 its Clerk and its corporate seal to be herewith affixed, all is accordance with and pursuant to a Resolution of its City Board of Directors, duly and regularly adopted, a copy of which is hereto attached and made a part hereof, this day of 1961. CITY OF LITTLE ROCK, ARKANSAS oop, yor h .,a ,'' au ne eeson, y erk A C K N O W L E D G M E N T STATE OF ARKANSAS) )ss. COUNTY ) OF PULASKI) On this day personally appeared before me, the undersigned, a Notary Public within and for the County and State aforesaid, duly qualified and acting, W. C. Knoop and Pauline G. Beeson, to me well known as the Mayor and City Clerk respectively, and stated that they had executed the foregoing Deed pursuant to provisions of Resolution No, for the consideration and r pu poses therein �"' mentioned and set forth. WITNESS my hand and official seal this day o f 1961. kq. 'o ary • . c My Commission Expires: This instrument was prepared by Joseph C. Ke rt " mP� Attorney at Law Pyramid Life Building, - " 7 '�° ` Little Rock, Arkansas. 04* SECTION 3. This resolution shall be in full force and effect from and after its adoption. ADOPTED: July 5, 1961 ATTEST: -� APPROVED: f �� � ity Clerk Mayor