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3902 RESOLUTION NO. 3, 902 A RESOLUTION ACCEPTING THE BID OF H. MAURICE MITCHELL, TRUSTEE, IN THE AMOUNT OF $2,000.00 FOR THE PURCHASE BY SAID BIDDER FROM THE CITY OF LITTLE ROCK OF CERTAIN PROPERTY OWNED BY THE CITY OF LITTLE ROCK; AUTHORIZING CONVEY- ANCE OF SAID PROPERTY BY QUITCLAIM DEED; AND FOR OTHER PURPOSES. WHEREAS, invitation to bid on the purchase from the City of certain real property owned by the City has been duly advertised and bids received pursuant thereto; and WHEREAS, the highest and best bid was that of H. Maurice Mitchell, Trustee, in the amount of Two Thousand and NO/100 Dollars ($2,000.00) ; and WHEREAS, it is the desire of the Board of Directors to accept the bid of H. Maurice Mitchell, Trustee, and to authorize conveyance of said lands by Quitclaim Deed to him upon receipt of the sale price. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. The bid of H. Maurice Mitchell, Trustee, to purchase from the City for the sum of Two Thousand and NO/100 Dollars ($2,000.00) certain City owned property, more particularly described in Section 2 hereof, is hereby accepted and a conveyance by Quit- claim Deed is hereby authorized. SECTION 2. The Mayor and City Clerk, upon payment of the purchase price described in Section 1 hereof by H. Maurice Mitchell, Trustee, are hereby authorized and directed to execute a Quitclaim Deed to part of Lots 4 and 5, Block 256, Original City of Little Rock, Arkansas, described as : Beginning at a point 25.4 feet south of the northwest corner of Block 256, Original City of Little Rock; thence south along the west line of Block 256 a distance of 39.6 feet; thence east a distance of 50 feet; thence north parallel to Ringo Street a distance of 22.5 feet; thence northwesterly to the point of beginning, containing 1,552.5 square feet, more or less. The said Deed to be executed and delivered to H. Maurice Mitchell, Trustee, and shall be in form and substance as follows : w -3- SECTION 3. This Resolution shall be in full force and effect from and after its adoption. ADOPTED: December 18 , 1967 ATTEST: APPROVED: / / / City Clerk Mayor