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3777 RESOLUTION NO. 3, 777 A RESOLUTION CONCURRING WITH THE PORT AUTHORITY OF THE CITY OF LITTLE ROCK TO EXERCISE OPTIONS FOR THE PURCHASE OF CERTAIN REAL PROPERTY TO BE USED FOR THE PURPOSE OF RAILROAD RIGHT-OF- WAY SERVING THE PORT OF LITTLE ROCK; 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 of Little Rock hereby concurs with the Port Authority of the City of Little Rock in exercis- ing options for the purpose of purchasing certain parcels of real property situated in Pulaski County, Arkansas to be used for right-of-way for a railroad to serve the Port of Little Rock. The said property is identified as follows by parcel numbers and purchase prices as follows : Parcel No. 5, $8,200.00; Parcel No. 6, $6,000.00 and Parcel No. 4, $8,200.00. SECTION 2. The full legal description of the property herein described by parcel number is now and shall hereafter remain on file in the office of the Real Estate Department of the City of Little Rock. SECTION 3. Those officers of the City of Little Rock responsible in the premises are hereby authorized and directed to consummate the purchases hereinabove identified by payment of the purchase prices listed to the person or persons entitled thereto according to an opinion of the City Attorney so as to vest full legal title to said property in the City of Little Rock. SECTION 4. This Resolution shall be in full force and effect from and after its adoption. ADOPTED: May 15, 1967 ATTEST: v j ee APPROVED /,Aa Cit y Clerk y r r