HomeMy WebLinkAbout15918 1 RESOLUTION NO. 15,918
2
3 A RESOLUTION FOR THE CITY TO AGREE TO DEED TITLE TO
4 PROPERTY TO ONEHEALTH EAST VILLAGE DEVELOPMENT, LLC;
5 TO STATE THAT SOME OF THE PROPERTY SHALL BE REMOVED
6 FROM THE BOUNDARIES OF THE WILLIAM JEFFERSON CLINTON
7 PRESIDENTIAL PARK; AND FOR OTHER PURPOSES.
8
9 WHEREAS,as set forth in Little Rock, Ark., Resolution No. 15,914(February 21, 2023), OneHealth
10 East Village Development, LLC, a limited-liability company organized under the laws of the State of
11 Arkansas("OHEV"),Heifer Project International,a non-profit corporation organized under the laws of the
12 State of Arkansas ("Heifer"), the Bill, Hillary & Chelsea Clinton Foundation, a non-profit corporation
13 organized under the laws of the State of Arkansas,formerly known as the William J. Clinton Foundation
14 and the William Jefferson Clinton Foundation ("the Clinton Foundation"), the Arkansas Symphony
15 Orchestra Society, Inc., a non-profit corporation organized under the laws of the State of Arkansas
16 ("Symphony"), and the City of Little Rock, Arkansas ("the City"), have reached consensus on how to
17 accomplish an educational opportunity through the creation and operation of the Lyon College of
18 Veterinary Medicine,and the Lyon College of Dentistry and Oral Health, within the City;and,
19 WHEREAS,in exchange for certain property OHEV will deed to the City pursuant to Resolution No.
20 15,914,the City will deed certain property to OHEV, and some of that property will be removed from the
21 William Jefferson Clinton Presidential Park("Clinton Park"); and,
22 WHEREAS,the City, OHEV, Heifer, and the Clinton Foundation agree that, in connection with the
23 transaction described above,the size of the Clinton Park will not decrease.
24 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
25 OF LITTLE ROCK,ARKANSAS:
26 Section 1. The City agrees to deed to OHEV, via Warranty Deed, title to the property shown on
27 Exhibits 1 and 2 attached hereto.
28 Section 2. The description of the deeded property is more completely described as: those certain
29 parcels of land identified as Areas # 5, 6, 7, 8, and 16 on Exhibit 3 attached hereto, such parcels to be
30 identified by legal description prepared by Standard Abstract&Title Company, Inc.,or other suitable title
31 company.
32 Section 3. While this resolution shall take effect upon the date of its adoption, a general resolution
33 shall be filed with the City Clerk that sets forth all public documents required to accomplish the City's
34 portion of the transactions referenced in this resolution.
IPage 1 of5I
1 Section 4. 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 as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the
5 resolution.
6 Section 5. Repealer. All ordinances, resolutions, bylaws, and other matters inconsistent with this
7 resolution are hereby repealed to the extent of such inconsistency.
8 ADOPTED: February 21,2023
9 ATT( ' APPROVED:
10 fraufrau,tI
11 _ :441:y,
12 u nI = ey,City Clerk Frank Scott,Jr.,M
13 AP ' 'O 0 1 S TO LEGAL FORM:
14
15
16 Thomas M. Carpenter,City Attorne
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