3594 r '
RESOLUTION NO. 3,594
A RESOLUTION .t.CCEPTING THE BID OF COTTON
BELT GRAVEL CO. , INC. FOR CERTAIN LAND OWNED
BY THE CITY OF LITTLE ROCK; AUTHORIZING THE
SALE OF SAID LAND FOR A CONSIDERATION OF
$66,600.00 ; AND FOR OTHER PURPOSES.
WHEREAS , invi .a. ion to bid was duly published and bids
received pursuant thereto for the sale by the City of Little
Rock of 40 Acres of land in Gilliam Park pursuant to the
authority of Resolution No. 3578 adopted May 16, 1966 ; and
WHEREAS, the highest and best bid received for said
land was the bid of Cotton Belt Gravel Co. , Inc. in the sum of
$66,600.00 cash; and
WHEREAS, it is the desire of the Board of Directors
of the City of Little Rock to accept the said bid and to
authorize the conveyance of the specified 40 acres of land to
the said successful bidder for the above stated consideration;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS :
SECTION 1. The hid of the Cotton Belt Gravel Co. , Inc.
in the sum of $66, 600.00 for 40 acres of land, being in Gilliam
Park in the City of Little Rock, as more specifically described
in SECTION 2 hereof, is hereby accepted.
SECTION 2. The Mayor and City Clerk are hereby author-
ized and directed to execute for and in behalf of the City of
Little Rock a deed conveying all of the right, title and interest
of the City of Little Rock in said lands to Cotton Belt Gravel Co. ,
4 Inc. and upon receipt of the Consideration of $66, 600.00 the City
Manager is directed to deliver said deed fully executed to the
Cotton Belt Gravel Co. , Inc. The Deed referred to in this section
is in form and substance as follows :
I
;j O I T L A I M D E E D
KNOW ALL MEN BY THESE i'RESZNTS:
wHEREAL, the City of Little Rock, `u1eski County,
Arkansas, on the 20th day of June, 1966, by Resolution, authorized
and directed the Mayor, together with tha City Clerk, to convey
to Cotton Belt Gravel Co. , Inc. property in the City of Little
Rock, Arkansas, hereinafter described:
NOW THEREFORE, We, H.E. Henson, Jr. and Pauline G. Beeson,
Mayor and City Clerk respectively of the City of Little Rock, Ark-
ansas, a municipal corporation, organized, chartered and existing
under authority of the laws of the State of Arkansas, for and in
consideration of the sum of Sixty-Six Thousand Six Hundred and no/100
Dollars ($66,600.00) cash in hand paid, and other good and valuable
consideration, 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 Cotton 9elt Gravel Co. , Inc. its
successors and assigns forever, the following lands lying in the
City of Little Rock, County of _ ulasici, State of ,Arkansas, to-wit:
SW ; NE 4, Section 26, Township 1 North, Range 12 ;nest
TO HAVE F-d TO HuL) the same unto Cotton .Belt Gravel Co. ,
Inc. and unto its successors and assigns forever, together with
all and singular, the tenements, appurtenances and hereditaments
thereunto belonging or in any wise appertaining.
Grantee herewith covenants that it, its successors and
assigns, shall not use or maintain the aforedescribed lands for
any purpose other than for mining or quarrying purposes, and this
covenant is intended, and shall be construed, as a :,:evenant running
with the land.
IN WITNESS WHEREOF, the City of Little Rock, a municipal
corporation, has caused these presents to be signed by its 3tayor,
its Clerk and its corporate seal to be hereto afiixed, 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 June, 1966.
QUITCLAIM DEED - Page Two
CITY OF LITTLE ROCK, ARKANSAS
SEAL _ Mayor
City clerk
O
STATE OF ARKANSAS)
)SS.
COUNTY OF z t3LA .T)
On this day personally appeared before me the undersigned,
a Notary Public within and for the County and state aforesaid, duly
qualified and acting H.,.. Henson, Jr. and _'auline G. Beeson to me
well known as the Mayor and City Clerk respectively of the City of
Little Rock, Arkansas, and stated that they had executed the fore-
going Deed pursuant to provisions of Resolution No. for the
consideration and nuraoses therein mentioned and set forth.
WITNES3 my hand and official seal this day of June,
1C;a6 .
Notary public
My commission expires%
This instrument was prepared by
Joseph C. Kemp
.-â–ºttorney at Law, ,yrarnid Life
Bldg. , Little Rock, Arkansas.
SECTION 3. This resolution shall be in full force
and effect from and after its adoption.
ADOPTED: June 20, 1966
ATTEST: `'144,1 A. ROVEll.
City Clerk Mayor