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RESOLUTION NO. 11,937
3 A RESOLUTION TO AUTHORIZE THE PURCHASE OF A FIFTEEN
4 THOUSAND SQUARE FOOT PARCEL OF LAND LOCATED AT 115
5 NORTH STATE STREET FOR THE GENERAL GOVERNMENT
6 DEPARTMENT; AND FOR OTHER PURPOSES.
7
8 WHEREAS, Little Rock's Economic Development Manager identified as
9 appropriate for the General Government Department's immediate expansion needs, a
10 fifteen thousand square foot parcel with a two thousand forty square foot structure
11 located at State and LaHarpe Streets in Little Rock, more particularly described in
12 Attachment "A," and
13 WHEREAS, the Little Rock Board of Directors authorized the use of short -term
14 financing in an amount not to exceed One Hundred and Fifty Thousand Dollars for the
15 purchase of this parcel, and
16 WHEREAS, the owner of the described fifteen thousand square foot parcel is
17 willing to sell the property to the City of Little Rock for One Hundred Twenty -Five
18 Thousand Dollars.
19 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
20 THE CITY OF LITTLE ROCK, ARKANSAS:
21 Section 1. The Board hereby approves the purchase of the fifteen thousand
22 square foot parcel of land set out herein for the General Government Department for
23 the amount of One Hundred Twenty -Five Thousand Dollars, and the Mayor and City
24 Clerk are authorized to execute all documents necessary for said purchase.
25 Section 2. Funding for this purchase is available pursuant to Little Rock
26 Ordinance No. 19,290, authorizing the issuance of a promissory note to provide short-
27 term financing under Amendment No. 78 to the Arkansas Constitution.
[PAGE 1 OF 31
Resolution
To authorize purchase of parcel at 115 N. State St
For the General Government Department
1 term financing under Amendment No. 78 to the Arkansas Constitution.
2 Section 3. Severability. In the event any title, section, paragraph, item, sentence,
3 clause, phrase, or word of this resolution is declared or adjudged to be invalid or
4 unconstitutional, such declaration or adjudication shall not affect the remaining
5 portions of the resolution which shall remain in full force and effect as if the portion so
6 declared or adjudged invalid or unconstitutional was not originally a part of the
7 resolution.
8 Section 4. Repealer. All laws, ordinances, resolutions, or parts of the same, that
9 are inconsistent with the provisions of this resolution, are hereby repealed to the extent
10 of such inconsistency.
11 ADOPTED: MARCH 15, 2005
12 ATTEST: APPROVED:
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15 Na cy W od, City Clerk
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17 APPROVED AS TO FORM:
18 ,f
19
20 Thomas M. Carpenter, City ttorney
21 H
22 H
23 H
24 H
25 H
26 H
27 H
[PAGE 2 OF 31
Resolution
To authorize purchase of parcel at 115 N. State St
For the General Government Department
- 4qLk &4�q -
Ji ailey, Mayor
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ATTACHMENT "A"
South 50 feet of Lots 5 and 6, Block 136, Original City of Little Rock, being
a lot approximately 150 feet by 100 feet with building, approximately 2040
square foot house, located in Little Rock, Pulaski County Arkansas.
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Resolution
To authorize purchase of parcel at 115 N. State St
For the General Government Department
[PAGE 3 OF 31