5542 RESOLUTION NO 5,542
A RESOLUTION ESTABLISHING PROCEDURAL GUIDELINES
RELATING TO ACQUISITION OF RIGHTS OF WAY FOR
COMMUNITY DEVELOPMENT BLOCK GRANT DRAINAGE AND
STREET CONSTRUCTION PROJECTS; AND FOR OTHER
PURPOSES
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE
ROCK, ARKANSAS .
SECTION 1. For the purpose of complying with Federal Housing
and Urban Development rules and regulations the following procedural
guidelines shall be utilized by the City of Little Rock in acquiring
easements and rights of way for Community Development Block Grant
drainage and street construction projects :
a) The property subject to said easements and rights of way
shall be appraised by a qualified appraiser not an employee
of the City of Little Rock.
b) The City Manager or his designee shall make a review of
the appraisal price for the subject lands.
c) The City Manager or his designee shall certify compliance
of the independent appraiser and his appraisal and the
review appraiser and his appraisal and establish just
compensation (fair market value) for each parcel of
property to be acquired.
d) No donation or acquisition of property for these purposes
shall be consummated until compliance has been had with
the provisions of subsections "a" through "c" of this
Section.
SECTION 2 . This Resolution shall be in full force and effect
from and after its adoption.
ADOPTED: May 18, 1976
ATTEST: 6141,--1 4f"C4(1 APPROVED:
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City Clerk Assistant Mayor