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HomeMy WebLinkAbout95521 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 is 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 M • • G 4 0 RESOLUTION NO. 9,552 A RESOLUTION AUTHORIZING THE CITY MANAGER TO ALLOCATE 1988 CAPITAL IMPROVEMENT BOND FUND PROCEEDS FOR THE PURCHASE OF PROPERTY AT 3223 ARCH STREET AND TO MAKE IMPROVEMENTS FOR STORAGE FOR THE DEPARTMENT OF PARRS AND RECREATION. WHEREAS, the Arkansas Cotton Products Building at 3223 Arch is presently for sale; and WHEREAS, it has approximately 5,000 square feet of dry storage space and.almost two - thirds of an acre of land adjoining it; and WHEREAS, this building is directly adjacent to our existing Landscape Shop and its proximity makes it a very desirable acquisition to satisfy present and future needs of the department; and WHEREAS, with the expansion of facilities and programs including "Adopt -A- Park" storage has become critical for Parks; and WHEREAS, funding would allow for purchase of the land and building, repairs to structure, fencing, and greenhouse and nursery expansion. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIREC'T'ORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The City Manager is authorized to allocate $95,000 from the 1988 Capital Improvement Bond Fund proceeds to purchase land with existing building and make improvements for Parks storage. ADOPTED: November 21, 1995 ATTEST: 1.� I � ■its . � APPROVED AS TO FORM: 'THOMAS . CARP CITY ATTORNEY