HomeMy WebLinkAbout16588 1 RESOLUTION NO. 16,588
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3 A RESOLUTION TO TRANSFER TITLE PROPERTY TO MEL
4 WYATT, OWNER OF MW ENTERPRISE LLC. FROM THE
5 CITY OF LITTLE ROCK, TO BE USED FOR
6 NEIGHBORHOOD REVITALIZATION PROGRAMS; AND
7 FOR OTHER PURPOSES.
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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 of Little Rock,Arkansas(the"City")and federal funds;and,
12 WHEREAS, to accomplish this goal it is required that properties be obtained and sold by the City in
13 areas that are appropriate for revitalization; and,
14 WHEREAS,the City acquired the real property located at 1414 Jones Street,Little Rock, AR 72202
15 Parcel # 34L1890006200 (the "Property") at auction from the State of Arkansas Land Commission on
16 August 25,2009; and,
17 WHEREAS, Mel Wyatt, owner of MW Enterprise LLC, has indicated a desire to accept transfer
18 from the City for the Property;and,
19 WHEREAS, Ark. Code Ann. §14-54-302 requires that the City transfer the real property by
20 resolution adopted by the City Board of Directors.
21 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
22 OF LITTLE ROCK,ARKANSAS:
23 Section 1. The Board of Directors hereby transfers the real property described as 1414 Jones Street,
24 Little Rock,AR 72202 Parcel#34L1890006200 in favor of Mel Wyatt,owner of MW Enterprise LLC.
25 (a) Unless expressly authorized by the City Board of Directors, any approved Development Site
26 Plan (the "Plan") shall be completed within one (1) year from the date approval of the Plan is
27 granted.
28 (b) If the developer has made substantial progress toward completion of the Plan, the Planning
29 Commission may approve an extension of time for development, not to exceed six (6) months
30 from the date the Plan expires.
31 (c) Otherwise,title to the Property reverts to the City.
32 Section 2.The Property will be used for private residential housing purposes to serve low to moderate
33 income families.
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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 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: February 4,2025
9 ATTEST: APPROVED:
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12 Allison Segars,Ci lerk Frank Scott,Jr.,Mayor
13 APPROVED AS TO LEGAL FORM:
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16 /1L04,11A1 .
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17 Thomas M. Carpenter,City A orney
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