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4839 RESOLUTION NO. 4,839 A RESOLUTION AMENDING RESOLUTION NO. 4 , 733 TO CORRECT A DESCRIPTION IN THE LAND TO BE CONVEYED TO ARKANSAS POWER AND LIGHT COMPANY; AUTHORIZING THE MAYOR AND THE CITY CLERK TO EXECUTE A WARRANTY DEED FOR THE TOTAL AMOUNT OF THE PURCHASE PRICE; AND FOR OTHER PURPOSES. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. By Resolution No. 4 , 733 the City of Little Rock, I.rkansas , through its Board of Directors accepted an offer of Arkansas Power & Light Company to purchase a tract of land in the Little Rock Port Industrial District containing 4 . 3 acres , which offer had been accepted by the Little Rock Port Authority subject to the approval of the Board of Directors of the City of Little Rock. Resolution No. 4 ,733 contains an error in the description of the land to be conveyed and the proper description of the tract of land to be conveyed is described as follows : A parcel of land located in the NE4, NW4, and the NW4, NE4, Section 21 , T-1-N, R-11-W, Pulaski County, Arkansas , and more particularly described as follows : Commencing at the SE corner of the NW4, NE4, Section 21 T-1-N, R-11-W, thence N88°47 ' 55"W 1315. 32 ' along the South line of the NW4 , NE4, Section 21, to the SW corner of the NW4 , NE4 , Section 21 , thence continue N88°47 ' 55" W 99 . 32 ' along the South line of the NE4, NW4 to the intersection of said South line and the East line of a 325 ' gas transmission easement owned by the Natural Gas hoe Line Company of America; thence N17°56 ' 4 "E 1 ^4 . 34 ' a.Long said Fast line of the Natural Gas Pipe L ne Company of America easement to the point of beginning, the..ce from the poi.it of beginning S8E °47 ' 55"E 500 . 00' along a line 100 ' North and parallel to the South line of the NW4, NE4 Section 21 to a point• thence N01°33 ' 10"E 444 . 04 ' to a point; thence N88 47 ' 55"W 369 . 22 ' to a 0 point on the East line of the said Natural Gas Pipe Line Company of America easement, thence S17°56 ' 45"W 463 69 ' along the East line of sa ' d easement to the point of beginning. Parcel contains 4 . 3 acres more or less . I -2- SECTION 2 . The offer to purchase as set out in an Offer and Acceptance dated the 20th day of October, 1971 , attached to this Resolution and incorporated therein by reference is hereby approved and accepted by the Board of Directors of the City of Little Rock and the Mayor is hereby authorized and directed to execute for and on behalf of the City of Little Rock a Warranty Deed conveying said property to Arkansas Power and Light Company and the City Clerk is hereby authorized and directed to attest said Deed and to deliver same to Arkansas Power and Light Company upon full payment of the sum of $17 , 200 . 00 . SECTION 3. This Resolution shall be in full force and effect from and after its adoption. ADOPTED: July 18, 1972 ATTEST: Z4n.el APPROVED : II.tL,VtI4Aj7 CITY CLERK MAYOR