HomeMy WebLinkAbout15542 1 RESOLUTION NO. 15,542
2
3 A RESOLUTION TO AUTHORIZE THE PURCHASE OF THE
4 PROPERTY LOCATED AT 3517 WEST 11TH STREET, OFFERED FOR
5 SALE TO 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 it is required that properties be obtained by the City in
14 areas that are appropriate for revitalization; and,
15 WHEREAS, the Land Bank Commission has identified a parcel of property within the Land Bank
16 Focus Area located at 3517 West 11'h Street, Little Rock, Arkansas,which can be used to fulfill the City's
17 stated goals; and,
18 WHEREAS,the parcel is a 6,850 square-foot vacant lot with no structure; and,
19 WHEREAS, City Staff has obtained a full title search on the property which revealed valid title and
20 no significant title issues; and,
21 WHEREAS, City Staff 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,the owner of the property has agreed to sell the property for the purchase price of Three
24 Thousand Dollars($3,000.00);and,
25 WHEREAS,the owner of the property paid the 2020 Real Estate Taxes in full;and,
26 WHEREAS,there are no outstanding City Liens against the property; and,
27 WHEREAS,funds to pay the purchase price are available in the Land Bank's General Fund Account
28 No. S35A946;and,
29 WHEREAS,pursuant to Arkansas State Law, the City must obtain authority to purchase property by
30 a resolution adopted by the Board of Directors.
31 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
32 OF LITTLE ROCK,ARKANSAS:
33 Section 1. Pursuant to Ark. Code Ann. § 14-54-302(c) (West Supp. 2010), the Board of Directors
34 hereby adopts this resolution to authorize the purchase and accept title to the property located at 3517
35 West 11t Street,Little Rock,Arkansas.
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1 Section 2. The Board of Directors, pursuant to Ark. Code Ann. § 14-54-302(c) (West Supp. 2010),
2 hereby authorizes the Mayor and City Clerk to execute any documents necessary to complete the
3 purchase of the property.
4 Section 3. Once acquired, this property shall be used for a public purpose, specifically for City
5 Neighborhood Revitalization Programs.
6 Section 4. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
7 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
8 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and
9 effect a if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the
10 ordinance.
11 Section 5. Repealer. All laws, ordinances, resolutions, or parts of the same that are inconsistent with
12 the provisions of this resolution are hereby repealed to the extent of such inconsistency.
13 ADOPTED: October 5,2021
14 AT .47 APPROVED:
15
17 san , .'ty Clerk Frank Scott,Jr., r
18 APPRO 1 • •T LEGAL FORM:
19
20 M•
21 Thomas M.Carpenter,City Attor y
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