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4884 RESOLUTION NO, 4,884 A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A QUITCLAIM DEED CONVEYING TITLE TO LANDS COMPRISING THE NORTH-SOUTH ALLEY LOCATED WITHIN BLOCK 104, ORIGINAL CITY OF LITTLE ROCK, ARKANSAS, TO FIRST NATIONAL, INC. , AN ARKANSAS CORPOR- ATION, AND METROPOLITAN TRUST COMPANY, AN ARKANSAS CORPORATION. WHEREAS, by Ordinance No. 12,712 previously adopted by the Board of Directors of the City of Little Rock, Arkansas, this date, the North-South alley located within Block 104, Original City of Little Rock, Arkansas, was vacated, abandoned and closed; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. The Mayor and City Clerk of the City of Little Rock, Arkansas, be, and they are hereby, authorized and directed to execute for and on behalf of the City of Little Rock, Arkansas, a Quitclaim Deed in the form of the instrument attached hereto and made a part of this Resolution, by which all interest of the City of Little Rock, Arkansas, in and to the lands located within and comprising said closed alley are conveyed to First National, Inc. , an Arkansas corporation, and to Metropolitan Trust Company, an Arkansas corporation, as to the East 1/2 of said alley adjoining the West boundary line of Lots 7 and 8 of said Block 104, Original City of Little Rock, Arkansas, presently owned by Metropolitan Trust Company, the remainder of the said Block being owned by First National, Inc. , said lands being more particularly described as follows: Beginning at the Northeast corner of Lot 1, Block 104, Original City of Little Rock, Arkansas; run thence South along the West right of way line of the North-South alley located within Block 104, Original City of Little Rock, Arkansas, to the Southeast corner of Lot 6, Block 104, Original City of Little Rock, Ark- ansas; run thence East along North right of way line of West Fifth Street (Capitol Avenue) to the Southwest corner of Lot 7, Block 104, Original City of Little Rock, Arkansas; run thence North along the East right of way line of the North-South alley located within Block 104, Original City of Little Rock, Arkansas, to the North- west corner of Lot 12, Block 104, Original City of Little Rock, Arkansas; run thence West along the South right of way line of West Fourth Street to the point of beginning. (Same being also described as: All of the North-South alley located within Block 104, Original City of Little Rock, Arkansas) . Section 2. This Resolution shall be in full force and effect from the time of its passage. ADOPTED: October 17 , 1972. APPROVED: MAYOR ATTEST: CITY CLERK -2- QUITCLAIM DEED KNOW ALL MEN BY THESE PRESENTS: That the City of Little Rock, Arkansas, by its Mayor and City Clerk, duly 1 I authorized hereto by proper resolution of its Board of Directors dated the 17th day of October , 1972, in consideration of the sum of ONE DOLLAR ($1.00) in hand paid by First National, Inc. , an Arkansas corporation, and Metropolitan Trust Company, an Arkansas corporation, Grantees, and other good and valuable considerations, the receipt of which are hereby acknowledged, does hereby grant, sell and quitclaim, subject to utility easements, unto said Grantees and unto their successors and assigns forever, all its right, title, claim and interest in and to the fee simple title to the respective portions to each Grantee of the 1 following lands formerly used as a public alley, lying in Pulaski County, Arkansas, as are hereinafter set forth, to-wit: Beginning at the Northeast corner of Lot 1 , Block 4 104, Original City of Little Rock, Arkansas; run thence South along the West right of way line of the y North-South alley located within Block 104, Original City of Little Rock, Arkansas, to the Southeast corner of Lot 6, Block 104, Original City of Little Rock, Ark- ansas; run thence East along North right of way line of West Fifth Street (Capitol Avenue) to the Southwest corner of Lot 7, Block 104, Original City of Little Rock, Arkansas; run thence North along the East right of way I line of the North-South alley located within Block 104, Original City of Little Rock, Arkansas, to the Northwest corner of Lot 12 , Block 104, Original City of Little Rock, 4 Arkansas; run thence West along the South right of way line of West Fourth Street to the point of beginning. 4 .(Same being also described as: All of the North-South alley located within Block104, Original City of Little Rock, Arkansas) . TO HAVE AND TO HOLD the same unto the same unto the said GRANTEES and unto their successors and assigns forever, with all appurtenances thereunto belonging as follows: Unto Metropolitan Trust Company - that portion of the above 4 described lands comprising the East 1/2 of said North-South alley adjoining the West boundary line of Lots 7 and 8, Block 104, Original City of Little Rock, Arkansas; and s ' Unto First National, Inc. - all the lands described above comprising said North-South alley located within Block 104, Original City of LittleRock, Arkansas with the exception of that portion conveyed hereby to Metropolitan Trust Company as described hereinabove. IN TESTIMONY WHEREOF, the name of the Grantor, City of Little Rock, Arkansas, is hereunto affixed by its Mayor, and its seal affixed by its City Clerk, this 18th day of October , 1972. CITY •F LITTLE ROCK, ARKANSAS / By �� _, A.4,1 v i I YOR ATTEST: lit TY CLERK ACKNOWLEDGMENT STATE OF ARKANSAS ) ) ss COUNTY OF PULASKI ) On this 18th day of October , 1972, before me, a Notary Public, duly commissioned, qualified and acting, within and for said County and State, appeared in person the within named George E. Wimberly and Jane Czech , to me personally well known, who stated that they were the Mayor and City Clerk of the City of Little Rock, Arkansas, and were duly authorized in their respective capacities to execute the foregoing instrument for and in the name and behalf of the said City, and further stated and acknowledged that they had so signed, executed and delivered said foregoing instrument for the consideration, uses and purposes therein mentioned and set forth. IN TESTIMONY WHEREOF, I have hereunto set my hand and official seal this 18th day of October , 1972. Notary Public My Commission expires: This instrument prepared by SMIT" " ELDREDGE&CLARK 1100 Boyle Building Little,Rock, Arkansas -2-