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3749 { RESOLUTION NO. 3,749 A RESOLUTION APPROVING THE APPRAISAL OF CERTAIN PROPERTY SITUATED IN THE EAST HALF OF THE WEST HALF OF THE SOUTHWEST QUARTER, SECTION 18, TOWNSHIP 1, NORTH, RANGE 12, WEST, PULASKI COUNTY, ARKANSAS, TO BE USED FOR STREET RIGHT-OF-WAY; AND FOR OTHER PURPOSES. WHEREAS, it is determined that additional right-of-way is vitally needed to provide for the safe movement of vehicular traffic in and near the intersection of University Avenue and Asher Avenue, and that the City should proceed with attempts to acquire said right-of-way for the approved appraisal price as hereinafter provided and set forth. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. The sum of Three Thousand and NO/100 Dollars ($3,000.00) is hereby approved and accepted as the appraised value of the property described in Section 2. hereof and the City Manager is hereby authorized and directed to negotiate with the owner or owners of said land for the purchase of said lands by the City at the appraised figure. SECTION 2. The real property needed for right-of-way purposes on Asher Avenue near the intersection of University Avenue in the City is hereby described as follows: A part of the East Half of the West Half of the Southwest Quarter, Section 18, T-1-N, R-12-W, Pulaski County, Arkansas, more particularly described as follows: Beginning at an iron pin which is at the point where the West line of the East Half, West Half, Southwest Quarter, Section 18, T-1-N, R-12-W, crosses the present South right-of-way line of U. S. Highway 67-70, thence run South along said West line 242 feet to an iron pin; thence run N 78° 36, E, 298.9 feet to an iron pin; thence run N 1° 02, W, 65.0 feet to an iron pin; Thence continuing along said line N 1° 02' W, 188.1 feet to an iron pin and the point of beginning; thence continuing along said line N 10 02, W, 20.8 feet to the present South right-of-way line of U. S. Highway 67-70 and an iron pin; thence run S 720 34' W, along said South right-of-way line 184.9 feet to an iron pin; thence S 0° 11, E, 17.3 feet to an iron pin; thence N 720 06' E, 167.4 feet to an iron pin; thence N 88° 31' E, 17.4 feet to an iron pin and the point of beginning; containing 0.07 acres, more or less. -2- SECTION 3. This Resolution shall be in full force and effect from and after its adoption. ADOPTED: April 3 , 1967 ATTEST: C-- j APPROVED: i y C e e`r4� Mayor