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2776 RESOLUTION NO. 2,776 A RESOLUTION AUTHORIZING AND DIRECTING THE MAYOR AND CITY CLERK TO CONVEY BY A QUITCLAIM DEED CERTAIN CITY PROPERTY TO RIVERDRIVE COMPANY; AND FOR OTHER PURPOSES . WHEREAS, the City of Little Rock owns certain property hereinafter described and did, according to law, call for bids thereon; did advertise for same; and WHEREAS, the bid of Riverdrive Company in the amount of Two Hundred Fifty and No/100 Dollars ($250 .00) cash was the highest responsible and responsive bid submitted; and WHEREAS, it is the desire of the Board of Directors of the City of Little Rock to sell and convey said property to the River- drive Company by Quitclaim Deed; NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The bid of Riverdrive Company in the amount of Two Hundred Fifty and No/l00 Dollars ($250 .00) for the purchase of certain City owned property, hereinafter described, is hereby accepted. SECTION 2. The Mayor and City Clerk are hereby authorized and directed to execute a Quitclaim Deed in favor of Riverdrive Company conveying unto the said Company all of the interests of the City of Little Rock in and to the said property, which Quit- claim Deed, including the description of the said property, is in form and words as follows : Q U I T C L A I M D E E D WHEREAS, the City of Little Rock, Pulaski County, Arkansas, on the day of , 1961, by Resolution No. , authorized and directed the Mayor, together with the City Clerk, to convey to Riverdrive Company property in the City of Little Rock, hereinafter described; NOW THEREFORE, We, W. C. KNOOP and PAULINE G . BEESON, Mayor and City Clerk respectively of the City of Little Rock, Arkansas, a municipal corporation, organized, chartered and existing under authority of the laws of the State of Arkansas, for and in considera- tion of the sum of Two Hundred Fifty and No/100 Dollars ($250 .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 Riverdrive Company, its successors and assigns forever, the following lands lying in the City of Little Rock, County of Pulaski, State of Arkansas, to-wit: PART OF BLOCK 297 of the Original City of Little Rock, Arkansas, more particularly described as follows: Starting at the northeast corner of Block 297 , thence south 150 feet along the east line of Block 297 to the center of the alley which is the point of beginning; thence south 29 .6 feet along the east line of Block 297 to the north right-of-way line of La Harpe Boulevard; thence northwesterly 38.7 feet more or less along the north right-of- way line of La Harpe Boulevard to a point on the center line of the alley; thence east 24.9 feet along the alley center line to the point of be- ginning, said parcel containing 368 .8 square feet, more or less . TO HAVE AND TO HOLD the same unto Riverdrive Company, and unto its successors and assigns forever, together with all and singular, the tenements, appurtenances and hereditaments thereunto belonging or in any wise appertaining. QUITCLAIM DEED - Page Two Excepted from this grant, however, shall be all rights to the public heretofore existing in that portion of the above described property located within the alley platted in Block 297 of the Original City and dedicated for public use. IN WITNESS WHEREOF, the City of Little Rock, a municipal corporation, has caused these presents to be signed by its Mayor, its Clerk and its corporate seal to be herewith affixed, all in accordance with and pursuant to a Resolution of its Board of Directors, duly and regularly adopted, a copy of which is hereto attached and made a part hereof, this day of ,196 . CITY OF LITTLE ROCK, ARKANSAS W. C. KNOOP, MAYOR PAULINE G. BEESON, CITY CLERK A C K N O W L E D G M E N T a3 STATE OF ARKANSAS) )ss . COUNTY OF PULASKI) On this day personally unPeaand State before aforesaid�,ndulyiquali- a Notary Public in and for the Coy fied 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 the provisions of Resolution No. for the consideration and purposes therein mentioned and set forth. WITNESS my hand and official seal this day of 196 Notary Public My commission expires: This instrument was prepared by Joseph C. Kemp , Attorney at Law, • Pyramid Life Bldg. , Little Rock, Arkansas . SECTION 3 . This resolution shall be in full force and effect from and after its adoption. ADOPTED: December 18, 1961 ATTEST: APPROVED: ;46 City Clerk May