Loading...
HomeMy WebLinkAbout14492 1 RESOLUTION NO 14,492 2 3 A RESOLUTION TO TRANSFER TITLE TO JOSE ANTONIO 4 RODRIGUEZ VIA SPECIAL WARRANTY DEED FOR PROPERTY 5 SOLD BY THE CITY OF LITTLE ROCK, ARKANSAS, TO BE USED 6 FOR NEIGHBORHOOD REVITALIZATION PROGRAMS; AND FOR 7 OTHER PURPOSES. 8 9 WHEREAS, the Board of Directors has stated as one of its goals a desire to provide for - 10 neighborhood revitalization, and has taken special efforts to accomplish this goal through its use of 11 various City and Federal Funds, and in affirmative actions such as the creation of a Land Bank 12 Commission; and, 13 WHEREAS, in order to accomplish this goal is it required that properties be obtained and sold by the 14 City in areas that are appropriate for revitalization; and, 15 WHEREAS, Jose Antonio Rodriguez, has indicated his desire to Purchase eighty (80) lots in the 16 Rolling Pines Subdivision from the City of Little Rock(Exhibit B); and, 17 WHEREAS, the City wishes to sell the property for use in its neighborhood revitalization efforts; 18 and, 19 WHEREAS, City Staff has conducted a title search of the property which revealed valid title to the 20 property and no significant title issues; and, 21 WHEREAS, the City has performed an environmental assessment of the property pursuant to 24 22 C.F.R. § 58, et seq. (2003),which revealed no environmental problems; and, 23 WHEREAS, in consideration for One Hundred Sixty Thousand Dollars ($160,000.00), the City will 24 sell the property for the public purpose of neighborhood development, and, 25 WHEREAS, The City of Little Rock will provide Jose Antonio Rodriguez with a Special Warranty 26 Deed(Exhibit A)to the property, and, 27 WHEREAS, State Law requires that the City accept the property sale by resolution adopted by the 28 Board of Directors; 29 NOW,THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 30 OF LITTLE ROCK,ARKANSAS: 31 Section 1.The Board of Directors hereby provides a Special Warranty Deed to the property described 32 as 80 lots in the Rolling Pines subdivision in favor of Jose Antonio Rodriguez. 33 Section 2. The property will be used for a private purpose to serve the public, specifically to improve 34 the neighborhood with new construction housing(Exhibit C). [Page 1 of 14] 1 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 2 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 3 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 4 effect a if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the 5 ordinance. 6 Section 4.Repealer. All laws, ordinances, resolutions, or parts of the same that are inconsistent with 7 the provisions of this resolution are hereby repealed to the extent of such inconsistency. 8 ADOPTED. January 17,2017 9 AT .; APPROVED• 10 "4 / / 11 A► L1. r/ fi/ _A 12 7i. ey,City Clerk Mark Stodola,Mayor 13 ' 'R►'�, r, AS TO LEGAL FORM: 14 /. 15 40 !/l��i'v ✓9 �. eiIL ;, , vll. , 16 Thomas M. Carpenter,City Attorn 17 // 18 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // 33 // 34 [Page 2 of 141 1 EXHIBIT A 2 3 4 Prepared By: 5 City of Little Rock 6 500 W. Markham 7 Little Rock, AR 72201 8 Representative: 9 Doug Tapp 10 Redevelopment Administrator 11 12 13 SPECIAL WARRANTY DEED 14 (Sale) 15 16 KNOW ALL MEN BY THESE PRESENTS THAT: 17 18 The City of Little Rock, GRANTOR, for and in consideration of the sum of Ten Dollars 19 ($10.00) and other good valuable consideration paid by Jose Antonio Rodriguez, an individual, 20 GRANTEE, the receipt of which is hereby acknowledged, does hereby grant, convey and warranty unto 21 the Grantee, and unto its heirs and assigns forever, the following described lands in the County of 22 Pulaski, State of Arkansas: 23 Part of the S1/2 SE % of Section 15, T-1-S, R-13-W, Pulaski County, Arkansas, more particularly 24 described as: Commencing at the NW corner of said S1/2 SE1/4; thence East along the North line 25 of said S1/2 SE1/4 30.0' to the East R/W line of Sardis Road and the point of beginning; thence 26 continue East along the North line of said S1/2 SE1/4 2,312.70', thence South 190.0'; thence West 27 17.90'; thence South 120.0'; thence S 51 degrees 13' W 43.4'; thence S 74 degrees 38'27"W 369.4'; 28 thence S 57 degrees 44' W 134.1'; thence S 24 degrees 36' W 74.0'; thence N 72 degrees 19' W 29 323.1'; thence S 52 degrees 00' W 632.7'; thence S 44 degrees 51' W 81.2'; thence S 4 degrees 59' E 30 44.0'; thence S 60 degrees 00' W 178.0'; thence South 12.5'; thence 165.0'; thence North 35.0'; 31 thence W 138.0'; thence South 12.5'; thence N 88 degrees 32' W 160.0'; thence N 1 degree 28' E 32 38.2; thence N 88 degrees 32' W 110.0'; thence N 1 degree 28' E 835.0';thence West 200' to the 33 point on the East line of Sardis Road, thence N 1 degree 28'E 168.7' to the point of beginning, 34 comprising lots 4,5,18,19,23,24,26,27,28,30,31,32,33,47,48,49,50,51,52,53,55,56,57,58,59,60,61,62,64 35 65,66,67,68,69,70,71,72,73,76,79,80,81,82,83,84,85,86,87,88,89,90,91,92,98,99,102,111,112,113,114, [Page 3 of 141 1 115,116,117,118,119,120,121,122,123,124,125,126,127,128,129,130,141,142,143 and 144 of Rolling 2 Pines Subdivision to the City of Little Rock, Pulaski County, Arkansas, LESS and EXCEPT the 3 following lots platted as a part of Rolling Pines Subdivision: Lots 2,3,6,7,8,9,10,11,12,13,14,15,16,17 • 4 20,21,22,25,29,54,63,77,78,100,101,104,105,106,107,108,109,110,133,134,135,136,137,138,139 and 140, 5 of Rolling Pines Subdivision,Little Rock,Arkansas. 6 To have and to hold the same unto the Grantee and unto its heirs,and assigns forever, with all 7 tenements, appurtenances, and hereditaments thereunto belonging. 8 The City of Little Rock,hereby releases and relinquishes unto the Grantee, and unto its heirs and 9 assigns forever, all rights and possibility of curtsey, dower, and homestead in and to such lands. 10 11 WITNESS,my hand and seal the day of 2017. 12 13 Jose Antonio Rodriguez, GRANTEE City of Little Rock,GRANTOR 14 519 Derek Court 500 W.Markham,Ste. 120W 15 Alexander,Arkansas 72202 Little Rock,Arkansas 72201 16 17 18 By: Jose Antonio Rodriguez By: Mayor Mark Stodola 19 City of Little Rock 20 21 DOCUMENTARY TAX STATEMENT 22 I certify under penalty of false swearing that the legally correct amount of documentary stamps 23 have been placed on this instrument. (If none shown,exempt or no consideration paid.) 24 25 26 City of Little Rock 27 500 W.Markham 28 Little Rock,Arkansas 72201 29 30 31 By: Doug Tapp 32 Redevelopment Administrator 33 34 35 36 37 38 39 [Page 4 of 141 1 ACKNOWLEDGEMENT 2 3 STATE OF ARKANSAS) 4 )SS 5 COUNTY OF PULASKI) 6 7 On this day came before me, the undersigned, a notary public within and for the county and state 8 aforesaid, duly commissioned and acting personally appeared, Doug Tapp, Redevelopment 9 Administrator, dulyauthorized to act on behalf of The City of Little Rock, known to me as the 10 Grantor in the foregoing Deed, and acknowledged that he has executed the same for the consideration 11 and purposes therein mentioned and set forth. 12 13 WITNESS my hand and seal as such notary public this day of ,2017 14 15 16 17 18 Notary Public 19 20 My Commission expires: 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // 33 // 34 // 35 [Page 5 of 14] 1 EXHIBIT B 2 3 City of Little Rock Land Bank 4 ROLLING PINES SUBDIVISION 5 6 Parcel No. Property Address Property Details Funding Source Used** 1 45L0890400400 9908 Woodland Drive Vacant Lot (Lot 4) (9,204 sq.ft.) City 2 45L0890400500 9902 Woodland Drive Vacant Lot (Lot 5) (8,940 sq.ft.) City 3 45L0890401800 9604 Woodland Drive Vacant Lot (Lot 18) (7,437 sq.ft.) City 4 45L0890401900 9602 Woodland Drive Vacant Lot (Lot 19) (7,686 sq.ft.) City 5 45L0890402300 9508 Woodland Drive Vacant Lot City (Lot 23) (8,450 sq.ft.) 9500 Woodland Drive 6 45L0890402400 Vacant Lot City (Lot 24) (8,450 sq.ft. q ) 7 45L0890402600 9418 Woodland Drive Vacant Lot (Lot 26) (8,450 sq.ft.) City 8 45L0890402700 9412 Woodland Drive Vacant Lot (Lot 27) (8,450 sq.ft.) City 9 45L0890402800 9408 Woodland Drive Vacant Lot (Lot 28) (8,450 sq.ft.) City 10 45L0890403000 Woodland Drive Vacant Lot (Lot 30) (10,454 sq.ft.) City 11 45L0890403100 Woodland Drive Vacant Lot (Lot 31) (10,454 sq.ft.) City 12 45L0890403200 Woodland Drive Vacant Lot City (Lot 32) (10,454 sq.ft.) 13 45L0890403300 Woodland Drive Vacant Lot City (Lot 33) (10,454 sq.ft.) 14 45L0890404700 Woodland Drive Vacant Lot City (Lot 47) (11,326 sq.ft.) 15 45L0890404800 Woodland Drive Vacant Lot City (Lot 48) (13,068 sq.ft.) 16 45L0890404900 Woodland Drive Vacant Lot City (Lot 49) (14,810 sq.ft.) 45L0890405000 Woodland Drive Vacant Lot City 'Page 6 of 141 Funding Source Parcel No. Property Address Property Details Used** 17 (Lot 50) (16,553 sq.ft.) 18 45L0890405100 Woodland Drive Vacant Lot City (Lot 51) (18,295 sq.ft.) 19 45L0890405200 Woodland Drive Vacant Lot (Lot 52) (11,895 sq.ft.) City 20 45L0890405300 Woodland Drive Vacant Lot City (Lot 53) (7,800 sq.ft.) 21 45L0890405500 Woodland Court Vacant Lot (Lot 55) (14,810 sq.ft.) City 22 45L0890405600 Woodland Court Vacant Lot City (Lot 56) (16,117 sq.ft.) 45L0890405700 Woodland Court Vacant Lot City 23 (Lot 57) (12,197 sq.ft.) 24 45L0890405800 Woodland Court Vacant Lot (Lot 58) (8,712 sq.ft.) City 25 45L0890405900 Woodland Court Vacant Lot City (Lot 59) (14,375 sq.feet) 26 45L0890406000 Woodland Court Vacant Lot City (Lot 60) (10,454 sq.feet) 27 45L0890406100 9501 Woodland Drive Vacant Lot City (Lot 61) (9,600 sq.ft) 28 45L0890406200 9509 Woodland Drive Vacant Lot City (Lot 62) (7,800 sq.ft.) 29 45L0890406400 Clay Street Vacant Lot City (Lot 64) (12,632 sq.ft.) 30 45L0890406500 Clay Street Vacant Lot City (Lot 65) (14,113 sq.ft.) ClayStreet Vacant Lot 31 45L0890406600 City (Lot 66) (11,761 sq.ft.) 32 45L0890406700 Clay Street Vacant Lot City (Lot 67) (11,761 sq.ft.) 33 45L0890406800 Clay Street Vacant Lot (Lot 68) (11,761 sq.ft.) City 34 45L0890406900 Clay Street Vacant Lot City (Lot 69) (11,761 sq.ft.) 37 45L0890407200 Clay Street Vacant Lot City (Lot 72) (13,068 sq.ft.) [Page 7 of 14] Parcel No. Property Address Property Details Funding Source Used** 38 45L0890407300 Clay Street Vacant Lot (Lot 73) (9,583 sq.ft.) City 39 45L0890407600 Clay Street Vacant Lot (Lot 76) (11,326 sq.ft.) City 40 45L0890407900 Clay Street Vacant Lot (Lot 79) (14,810 sq.ft.) City 41 45L0890408000 Clay Street Vacant Lot (Lot 80) (19,166 sq.ft.) City 42 45L0890408100 Clay Street Vacant Lot City (Lot 81) (16,117 sq.ft.) 43 45L0890408200 Clay Street Vacant Lot City (Lot 82) (14,375 sq.ft.) 44 45L0890408300 Clay Street Vacant Lot (Lot 83) (14,810 sq.ft.) City 45 45L0890408400 Clay Street Vacant Lot City (Lot 84) (10,019 sq.ft.) 46 45L0890408500 Clay Court Vacant Lot City (Lot 85) (17,860 sq.ft.) 47 45L0890408600 Clay Court Vacant Lot (Lot 86) (16,553 sq.ft.) City 48 45L0890408700 Clay Court Vacant Lot City (Lot 87) (10,019 sq.ft.) 49 45L0890408800 Clay Court Vacant Lot City (Lot 88) (14,810 sq.ft.) 50 45L0890408900 Clay Court Vacant Lot City (Lot 89) (11,326 sq.ft.) 51 45L0890409000 Clay Street Vacant Lot (Lot 90) (10,890 sq.ft.) City 52 45L0890409100 Clay Street Vacant Lot City (Lot 91) (12,632 sq.ft.) 53 45L0890409200 Clay Street Vacant Lot City (Lot 92) (13,068 sq.ft.) 54 45L0890409800 9601 Woodland Drive Vacant Lot (Lot 98) (11,529 sq.ft.) City 9603 Woodland Drive Vacant Lot City (Lot 99) (6,800 sq.ft.) 56 9613 Woodland Drive City 45L0890410200 (Lot 102) Vacant Lot [Page 8 of 141 Parcel No. Property Address Property Details Funding Source Used** (8,588 sq.ft.) 57 45L0890411100 9813 Woodland Drive Vacant Lot (Lot 111) (8,968 sq.ft.) City 58 45L0890411200 Marietta Drive Vacant Lot (Lot 112) (9,583 sq.ft.) City 59 45L0890411300 Marietta Drive Vacant Lot (Lot 113) (9,583 sq.ft.) City 60 45L0890411400 Marietta Drive Vacant Lot (Lot 114) (9,583 sq.ft.) City 61 45L08904 1 1 500 Marietta Drive Vacant Lot (Lot 115) (10,019 sq.ft.) City 62 45L08904 1 1 600 Marietta Court Vacant Lot (Lot 116) (9,147 sq.ft.) City 63 45L0890411700 Marietta Court Vacant Lot (Lot 117) (8,712 sq.ft.) City 64 45L08904 1 1 800 Marietta Court Vacant Lot (Lot 118) (14,810 sq.ft.) City 45L08904 1 1 900 Marietta Court Vacant Lot 65 (Lot 119) (12,632 sq.ft.) City 45L0890412000 Marietta Court Vacant Lot 66 (Lot 120) (16,117 sq.ft.) City 67 45L0890412100 Marietta Court Vacant Lot (Lot 121) (10,454 sq.ft.) City 68 45L0890412200 Marietta Court Vacant Lot (Lot 122) (9,147 sq.ft.) City 69 45L0890412300 Marietta Court Vacant Lot City (Lot 123) (8,276 sq.ft.) 70 45L0890412400 Marietta Court Vacant Lot (Lot 124) (9,583 sq.ft.) City 71 45L0890412500 Marietta Court Vacant Lot (Lot 125) (8,276 sq.ft.) City 72 45L0890412600 Marietta Court Vacant Lot (Lot 126) (8,712 sq.ft.) City 73 45L0890412700 Marietta Drive Vacant Lot City (Lot 127) (9,583 sq.ft.) 45L0890412800 Marietta Drive Vacant Lot City [Page 9 of 141 Parcel No. Property Address Property Details Funding Source Used** 74 (Lot 128) (8,276 sq.ft.) 75 45L0890412900 Marietta Drive Vacant Lot City (Lot 129) (8,276 sq.ft.) 76 45L0890413000 Marietta Drive Vacant Lot City (Lot 130) (8,712 sq. ).ft. 77 45L0890414100 Marietta Drive Vacant Lot City (Lot 141) (7,405 sq.ft.) 78 45L0890414200 Marietta Drive Vacant Lot City (Lot 142) (7,405 sq.ft.) 79 45L0890414300 Marietta Drive Vacant Lot City (Lot 143) (6,969 sq.ft.) 80 45L0890414400 9901 Woodland Drive Vacant Lot City (Lot 144) (8,470 sq.ft.) 1 2 // 3 // 4 // 5 // 6 // 7 // 8 // 9 // 10 // 11 // 12 // 13 // 14 // 15 // 16 // 17 // 18 // 19 // 20 // 21 // 22 // [Page 10 of 141 1 // 2 EXHIBIT C 3 4 OFFER AND ACCEPTANCE 5 6 1. The undersigned, Rolling Pines REI, LLC., 519 Derek Court., Alexander, AR 72202, herein 7 called the `Buyer(s)" offer(s) to buy, subject to the terms set forth herein, the following property 8 from the City of Little Rock Land Bank, 500 West Markham Street, Room 120, Little Rock, AR 9 72201, herein called the"Seller(s)". 10 Part of the S1/2 SE '/4 of Section 15, T-1-S, R-13-W, Pulaski County, Arkansas, more 11 particularly described as: Commencing at the NW corner of said S1/2 SE1/4; thence East 12 along the North line of said S1/2 SE1/4 30.0' to the East R/W line of Sardis Road and the 13oint of beginning;p g ng; thence continue East along the North line of said S1/2 SE1/4 2,312.70', 14 thence South 190.0'; thence West 17.90'; thence South 120.0'; thence S 51 degrees 13' W 15 43.4'; thence S 74 degrees 38'27" W 369.4'; thence S 57 degrees 44' W 134.1'; thence S 24 16 degrees 36' W 74.0'; thence N 72 degrees 19' W 323.1'; thence S 52 degrees 00' W 632.7'; 17 thence S 44 degrees 51' W 81.2'; thence S 4 degrees 59' E 44.0'; thence S 60 degrees 00' W 18 178.0'; thence South 12.5'; thence 165.0'; thence North 35.0'; thence W 138.0'; thence South 19 12.5'; thence N 88 degrees 32' W 160.0'; thence N 1 degree 28' E 38.2; thence N 88 degrees 20 32' W 110.0'; thence N 1 degree 28' E 835.0';thence West 200' to the point on the East line 21 of Sardis Road, thence N 1 degree 28'E 168.7' to the point of beginning, comprising lots 22 4,5,18,19,23,24,26,27,28,30,31,32,33,47,48,49,50,51,52,53,55,56,57,58,59,60,61,62,64,65,66,67, 23 68,69,70,71,72,73,76,79,80,81,82,83,84,85,86,87,88,89,90,91,92,98,99,102,111,112,113,114,115, 24 116,117,118,119,120,121,122,123,124,125,126,127,128,129,130,141,142,143 and 144 of 25 Rolling Pines Subdivision to the City of Little Rock,Pulaski County,Arkansas, 26 LESS and EXCEPT the following lots platted as a part of Rolling Pines Subdivision: Lots 27 1,2,3,6,7,8,9,10,11,12,13,14,15,16,17,20,21,22,25,29,54,63,77,78,100,101,104,105,106,107,108,1 28 09,110,133,134,135,136,137,138,139 and 140, of Rolling Pines Subdivision, Little Rock, 29 Arkansas 30 2. The Buyer(s) will pay One Hundred Sixty Thousand Dollars ($160,000.00) for the property, One 31 Thousand Dollars ($1,000.00) as a down payment/earnest money and the balance of One 32 Hundred Fifty-Nine Thousand Dollars ($159,000.00)as follows: 33 Check at closing 34 3. Special Conditions: 35 • Approval by Land Bank Commission (December 21, 2016) [Page 11 of 141 1 • Approval by Little Rock City Board 2 • Buyer and Seller to pay their own closing fees 3 • Amendment to Bill of Assurance Rolling Pines Subdivision PHASE III—Filed May 12,2015 4 as Instrument No. 2015028029, which adds the following provisions 5 A. Only one(1) single-family home may be constructed on any of the said lots. 6 B. No manufactured home or multi-sectional manufactured home may be moved onto or 7 placed on any of the said lots of use as a temporary or permanent residence. 8 C. No trailer, motor home, mobile home or structure of a temporary character shall at 9 anytime be used or occupied on anyof the said lots in an manner, whether Pe Y 10 temporary or permanently. 11 D. These covenants and restrictions are to run with the land and shall be binding on all 12 persons and/or parties claiming under them for a period of thirty years from the date 13 these covenants and restrictions are recorded, after which time said covenants and 14 restrictions shall be automatically extended for successive periods of ten years,unless 15 an instrument signed by a majority of the then owners of the lots has been recorded, 16 agreeing to change said covenants and restrictions in whole or in part. 17 E. These covenants and restrictions shall not be amended, cancelled, or supplemented 18 unless an instrument signed by at least eighty percent(80%)of the owners of the said 19 lots is placed on record agreeing to change the covenants and restrictions in whole or 20 in part and ally change must be approved by the Little Rock Planning Commission. 21 F. No Further Amendment. All other provisions contained in the previous Bill of 22 Assurance, filed on March 19, 2013, as Instrument No. 2013020438, shall hereby 23 remain in full force and effect and are hereby unaffected by this Amendment. 24 • Buyer will develop ten(10)properties within the first two years of purchase, contingent upon 25 developer obtaining financing 26 • Buyer will not extend Woodland Drive to Heinke Road 27 4. Conveyance shall be made to Buyer(s), or as directed by Buyer(s), by Special Warranty Deed 28 except it shall be subject to recorded restrictions and easements, if any, and subdivision amended 29 covenants of 2015. 30 5. The owner(s) of the aboveproperty, hereinafter called Seller's Seller(s), shall furnish at Seller s cost an 31 owner's policy reflecting merchantable satisfactory to Buyer(s) and/or the Buyer's attorney, 32 Seller(s) shall have a reasonable time after acceptance within which to furnish title insurance. If 33 objections are made to title, Seller(s) shall have a reasonable time to meet the objections or to 34 furnish title insurance. ]Page 12 of 141 1 6. Buyer herewith tenders One Thousand Dollars ($1,000.00) as earnest money, to become part of 2 purchase price upon acceptance. This sum shall be held by Buyer(s)/Agent/Title Company and if 3 offer is not accepted or if title requirements are not fulfilled, it shall be promptly returned to 4 Buyer(s). If after acceptance, Buyer(s) fail to fulfill his/her/their obligation(s), the earnest money 5 may become liquidated damages, which fact shall not preclude Seller(s) or Agent from asserting 6 other legal rights which they may have because of such breach. 7 7. Taxes and special assessments, due on or before the closing date shall be paid by the Seller(s). 8 Current general taxes and special assessments shall be pro-rated as of closing date based upon the 9 last tax statement. Insurance, interest and rental payments shall be pro-rated as of closing date. 10 8. Seller(s) shall vacate the property (if applicable) and deliver possession to Buyer(s) on or before 11 one (1)-day after the closing date. Seller(s) agree to pay rent to Buyer(s) of$_n/a per day until 12 possession is given after the closing date if applicable. 13 9. Buyer(s)certifies that he or she has/they have inspected the property and he or she is/they are not 14 relying upon any warranties, representations or statements of the Seller(s)/Agent as to age or 15 physical condition of improvements. The risk of loss or damage to the property by fire or other 16 casualties occurring up to the time of transfer of title on the closing date is assumed by the 17 Seller(s). 18 10. The closing date shall be on or before 19 (Seller) (Buyer) 20 21 22 Doug Tapp, Redevelopment Administrator Rolling Pines REI,LLC Managing Partner 23 City of Little Rock Land Bank Jose Antonio Rodriguez 24 (501)371-4848 (713) 503-8569 25 26 27 28 Date Date 29 // 30 // 31 // 32 // 33 // 34 // 35 // 36 // [Page 13 of 141 1 // 2 // [Page 14 of 141