HomeMy WebLinkAbout15742 1 RESOLUTION NO. 15,742
2
3 A RESOLUTION TO AUTHORIZE THE MAYOR AND CITY CLERK TO
4 EXECUTE ANY DOCUMENTS NECESSARY TO ACCEPT A
5 DONATION OF PROPERTY LOCATED AT 4409 WEST 25TH STREET,
6 LITTLE ROCK, ARKANSAS; AND FOR OTHER PURPOSES.
7
8 WHEREAS, the Board of Directors has stated as one of its goals a desire to provide for
9 neighborhood revitalization, and has taken special efforts to accomplish this goal through its use of
10 various City and federal funds, and in affirmative actions such as the creation of a Land Bank
11 Commission; and,
12 WHEREAS, in order to accomplish this goal is it required that properties be obtained by the City in
13 areas that are appropriate for revitalization; and,
14 WHEREAS, F & G Land Investments, LLC, has indicated their desire to donate to the City of Little
15 Rock her property located at 4409 West 25th Street; and,
16 WHEREAS,the City wishes to accept the property for use in its neighborhood revitalization efforts;
17 and,
18 WHEREAS, City Staff has conducted a title search of the property which revealed valid title to the
19 property and no significant title issues; and,
20 WHEREAS, the City has performed an Environmental Assessment of the property pursuant to 24
21 C.F.R. § 58,et seq.(2003),which revealed no environmental problems; and,
22 WHEREAS, in consideration for the donation of the property for the public purpose of
23 neighborhood revitalization, the City has agreed to pay Real Estate Taxes for 2021 in the amount of
24 Twenty-Eight and 20/100 Dollars($28.20); and,
25 WHEREAS, funds to pay the taxes are available in Land Bank Account No. 210359-63390-
26 S35C273; and,
27 WHEREAS, F & G Land Investments, LLC, will provide the City with a Quitclaim Deed to the
28 property,a copy of which is attached as Exhibit A; and,
29 WHEREAS, Arkansas State Law requires that the City accept the property by resolution adopted by
30 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. The Board of Directors hereby accepts the Quitclaim Deed to the property described in
34 Exhibit A in favor of the City of Little Rock.
[Page 1 of 41
1 Section 2. The property shall be used for a public purpose, specifically for City Revitalization
2 Programs.
3 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
4 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
5 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and
6 effect a if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the
7 ordinance.
8 Section 4. Repealer. All laws, ordinances, resolutions, or parts of the same that are inconsistent with
9 the provisions of this resolution are hereby repealed to the extent of such inconsistency.
10 ADOPTED: August 16,2022
11 ATTEST: APPROVED:
12
13 ActWal. 1
14 Allison Segars, puty City Clerk Fran Scott, r.,
15 APPRO D AS TO LEGAL FORM:
16
17 ►P'
18 Thomas M.Carpenter,City Attorney
19 //
20 //
21 //
22 //
23 //
24 //
25 //
26 //
27 //
28 //
29 //
30 //
31 //
32 //
33 //
34 //
35 //
[Page 2 of 4]
1 Exhibit A
2
3
4 QUITCLAIM DEED
5
6 KNOW ALL MEN BY THESE PRESENTS THAT:
7 The F&G Land Investments, LLC, GRANTOR, for and in consideration of the sum of Ten Dollars
8 ($10.00) and other good and valuable consideration paid by The City of Little Rock GRANTEE, the
9 receipt of which is hereby acknowledged, does hereby grant, convey and quitclaim unto the Grantee, and
10 unto its heirs and assigns forever, following described lands in the County of Pulaski, State of Arkansas:
11 Lot 3; Block 3 West Mill-4409 West 25th Street,Little Rock,AR
12 To have and to hold the same unto the Grantee and unto its heirs, and assigns forever, with all
13 tenements,appurtenances,and hereditaments thereunto belonging.
14 The Grantor, for and in consideration of such sum of money, hereby release and relinquish unto the
15 Grantee, and unto its heirs and assigns forever, all my right and possibility of curtesy, dower, and
16 homestead in and to such lands.
17 WITNESS, my hand and seal the day of 2022.
18
19
20
21 F&G Land Investments,LLC,GRANTOR
22
23
24 City of Little Rock,GRANTEE
25 500 West Markham Street
26 Little Rock,Arkansas 72201
27
28
29 By: Ruby E.Dean, Redevelopment Administrator
30 //
31 //
32 //
33 //
34 //
35 //
36 //
37 //
(Page 3 of 41
1 DOCUMENTARY TAX STATEMENT
2
3 I certify under penalty of false swearing that the legally correct amount of documentary stamps have
4 been placed on this instrument. (If none shown,exempt or no consideration paid.)
5
6 City of Little Rock
7 500 West Markham Street
8 Little Rock,Arkansas 72201
9
10
11 By: Ruby E.Dean, Redevelopment Administrator
12
13
14
15 ACKNOWLEDGEMENT
16
17 STATE OF ARKANSAS)
18 )SS
19 COUNTY OF )
20
21 On this day came before me, the undersigned, a Notary Public within and for the County and State
22 aforesaid, duly commissioned and acting personally appeared, Edwin Roberson, Jr., known to me as the
23 Grantors in the foregoing Deed,and acknowledged that they have executed the same for the consideration
24 and purposes therein mentioned and set forth.
25
26 WITNESS my hand and seal as such notary public this day of ,2022.
27
28
29
30 Notary Public
31
32 My Commission expires:
33 //
34 //
35 //
36 //
[Page 4 of 41