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4706 RESOLUTION NOa 4,706 A RESOLUTION AUTHORIZING THE CITY MANAGER TO ADVERTISE FOR AND RECEIVE BIDS FOR CERTAIN LANDS OWNED BY THE CITY OF LITTLE ROCK; AUTHORIZING THE CITY MANAGER TO ACCEPT AN OPTION FOR THE PURCHASE OF CERTAIN LANDS DESIRED TO BE ACQUIRED BY THE CITY 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 Manager of the City of Little Rock, Arkansas is hereby authorized to advertise for sale to the highest responsible bidder, pursuant to the statutes of the State of Arkan- sas, the following described lands situated in the County of Pulaski , State of Arkansas , to-wit: The NEB NEa , Section 26 , Township 1 North, Range 12 West, consisting of 40 acres , more or less SECTION 2 . The City Manager of the City of Little Rock, Arkansas is hereby authorized and directed to procure an option from the owners of certain lands described as follows : The WZ of the SW4 , Section 24 , Township 1 North, Range 12 West, consisting of 80 acres for a consideration not to exceed the bid accepted by the City of Little Rock for the property described in Section One hereof. SECTION 3 . All money received by the City for the sale of the lands described in Section One hereof shall be solely used for the acquisition and improvement of the lands described in Section Two hereof. SECTION 4 . This Resolution shall be in full force and affect from and after its adoption. ADOPTED: December 21, 1971 //41L417 ATTEST: fIAMA APPROVED: ' • City Clerk May'