HomeMy WebLinkAbout15265 1 RESOLUTION NO. 15,265
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3 A RESOLUTION TO AUTHORIZE MAYOR AND CITY CLERK TO
4 EXECUTE THE NECESSARY DOCUMENTS TO PURCHASE A PARCEL
5 OF REAL PROPERTY, LOCATED AT THE NORTHEAST CORNER OF
6 2ND STREET AND GAINES STREET, IN THE AMOUNT OF FIVE
7 HUNDRED FIFTY THOUSAND DOLLARS($550,000.00),PLUS CLOSING
8 COSTS AND FEES, FOR USE IN THE LONG-TERM PLAN FOR THE
9 LITTLE ROCK POLICE DEPARTMENT HEADQUARTERS; AND FOR
10 OTHER PURPOSES.
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12 WHEREAS, in 2017,the City purchased the property located at 615 West Markham Street(southeast
13 corner of Markham Street and Gaines Street) for rehabilitation to house the Little Rock Police Department
14 Headquarters; and,
15 WHEREAS,the acquisition of the existing parking lot at the northeast corner of 2"d Street and Gaines
16 Street is a critical component of the long-term improvement plan for parking and uses associated with the
17 Headquarters Building.
18 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
19 OF LITTLE ROCK,ARKANSAS:
20 Section 1. The Mayor and the City Clerk are authorized to execute all documents necessary for the
21 City to purchase the property currently owned by the Schlereth Family, LLC, for the amount of Five
22 Hundred Fifty Thousand Dollars($550,000.00), plus closing costs and fees. The Mayor is authorized to
23 accept this real property for municipal purposes through an acknowledgment on the deed to the property.
24 Section 2. The formal legal description for this property is as follows:
25 The east ninety(90) feet of the south thirty (30) feet of Lot 3 and all of Lots 4, 5, & 6 of
26 Block 123 of the Original City of Little Rock,Pulaski County,Arkansas.
27 Section 3. Funds for the acquisition are available from the 3/8-Cent Capital Improvement Sales and
28 Compensating Use Tax Fund,Account No. 326529-TS52A28.
29 Section 4. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
30 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
31 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and
32 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the
33 resolution.
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1 Section 5. Repealer.All laws, ordinances, resolutions, or parts of the same,that are inconsistent with
2 the provisions of this resolution,are hereby repealed to the extent of such inconsistency.
3 ADOPTED: Jul 21,2020
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i APPROVED:
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6 0.741
7 Susan n • ity Clerk rank Scott,Jr.,Ma
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APPRO D• I I LEGAL FORM:
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11 Thomas M. Carpenter,City Arney
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