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3488r RESOLUTION NO. 3,488 - i A RESOLUTION ACCEPTING THE BID OF LONNIE W. REED IN THE SUM: OF ONE THOUSAND FIVE HUNDRED TWENTY FOUR AND no/100 DOLLARS ($1, 524.00) FOR CERTAIN PROPERTY AND IMPROVEMENTS OWNED BY THE CITY OF LITTLE ROCK AUTHORIZING EXE- CUTION OF NECESSARY INSTRUMENTS TO TRANSFER TITLE THERETO; AND FOR OTHER PURPOSES. WHEREAS, invitation to bid was duly advertised and bids received pursuant thereto for a portion of Lot 12, Block 2 Tower Grove Addition to Little Rock together with physical improvements located thereon; and, WHEREAS, the bid of Lonnie W. Reed in the sum of One Thousand Five Hundred Twenty Four and no/100 Dollars ($1,524.00) was the lowest responsible and responsive bid in compliance with the specifications; and, WHEREAS, it is the desire of the Board of Directors of the City of Little Rock to authorize a conveyance of said lands to Lonnie W. Reed according to the terms and conditions in the specifications and bid proposals. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The bid of Lonnie W. Reed for a portion of Lot 12, Block 2, Tower Grove Addition to Little Rock, Arkansas, together with physical improvements located on the lot in the sum of One `thousand Five Hundred Twenty Four and no/100 Dollars ($1,524.00) is hereby accepted. SECTION 2. The Mayor and City Clerk are hereby authorized and directed to execute for and behalf of the City of Little Rock a Quit-Claim Deed conveying to Lonnie W. Reed the following described property: Lot 12, Block 2, Tower Grove Addition to the City of Little Rock, Pulaski County, Arkansas, except the following; beginning at the Southeast Corner of said Lot 12, thence Northerly along the East line of - - 2 - Lot 12 a distance of 45 feet; thence deflect 89°2' left for a distance of 8.05 feet; thence deflect 79°53 ' left a distance of 41.85 feet; thence deflect 76°23' right a distance of 123 feet; thence 177°30 ' left a distance of 144 feet to the point of beginning, containing 914 square feet more or less. SECTION 3. Upon payment of the bid price and com- pliance with all provisions of the specifications and bid proposal, the City Manager is authorized and directed to deliver said deed to Lonnie W. Reed. SECTION 4. This Resolution shall be in full force and effect from and after its adoption. ADOPTED: January 17, 1966 i ti' -i auL / Aiā€”ROVED: ' car - City Clerk Mayor