6582 RESOLUTION NO . 6 , 582
00
A RESOLUTION AUTHORIZING AN OFFER TO H. A.
BOWMAN TO PURCHASE AN OPTION TO BUY CITY-
OWNED PROPERTY AT 400 EAST SECOND STREET ON
THE CONDITION THAT CONSTRUCTION BEGIN ON THE
PROPERTY WITHIN EIGHTEEN (18) MONTHS OF PURCHASE
DATE; AND FOR OTHER PURPOSES .
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF
LITTLE ROCK, ARKANSAS :
Section 1. The City staff is hereby authorized and
directed to negotiate the sale of an option to purchase certain
City-owned property at 400 East Second Street in Little Rock ,
Arkansas , to H. A. Bowman on the condition that he commence
construction on said property within eighteen (18) months from
the date said option is purchased. Failure to build within
the specified eighteen (18) months shall act to dissolve said
option.
Section 2 . This Resolution shall be in full force and
effect from and after its adoption and approval.
ADOPTED: May 19 , 1981
ATTEST:Q ,f, ivG2%G'l1jG� APPROVED: ,/ 41
Assistant City Clerk 1■ a or