3727 RESOLUTION NO. 3, 727
A RESOLUTION APPROVING APPRAISAL AND AUTHORIZING
PURCHASE OF CERTAIN PARCELS OF PROPERTY FOR HINDMAN
PARK (PROJECT C 65-P-76) ; AND FOR OTHER PURPOSES .
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1 . The City Manager is hereby authorized and
directed to acquire certain parcels of land within the proposed Hindman
Park Project as hereinafter identified by number. Each parcel shall be
acquired for the price hereinafter set forth opposite the parcel number,
which price represents the approved appraisal of said parcel. If more
than one parcel shall be of common ownership, said parcels may be
grouped for purposes appraisal and purchase. The full legal description
of each parcel and the approved appraisal are now, and shall hereafter
remain on file in the office of the Real Estate Department of the City
of Little Rock, Arkansas.
SECTION 2. The parcels which the City Manager is hereby
authorized to acquire and the approved appraisal and purchase price
thereof are as follows :
APPROVED APPRAISAL
PARCEL NUMBER AND PURCHASE PRICE
a. C65-P-76A $20,000.00
b. C65-P-76B 20,000.00
SECTION 3. The City Manager and Director of Finance
are hereby authorized to pay by warrant of the City of Little Rock
the above prices for the respective Parcels to the person or persons
entitled thereto according to the opinion of the City Attorney so
as to vest full legal title to the Parcels in the City of Little
Rock. Provided, however, the City of Little Rock shall take credit
for the sum of $100.00 on the purchase price of each of the above
Parcels which sum has heretofore been paid the owners of said
i
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Parcels as option or earnest money thus reducing the total
pay off on each Parcel to the sum of $19,900.00.
SECTION 3. This ResoluL'ion shall he in full force
and effect from and after its adoption.
ADOPTED: February 20, 1.967
ATTEST: dee.Je..� APPROVED' /601j1
City Clerk Mayor