HomeMy WebLinkAbout11687RESOLUTION NO. 11,687 •
2
3 A RESOLUTION TO AUTHORIZE THE SALE OF
2004015016
02/24/2004 03:21:54 PH
Filed 8 Recorded in
Official Records of
CAROLYN STALEY
PULASKI COUNTY
CIRCUIT /COUNTY CLERK
Fees $14.00
LOT 11,
4 BLOCK 112, AND THE NORTH THREE (3) FEET OF LOT 101
5 BLOCK 112, ORIGINAL CITY OF LITTLE ROCK, TO THE
6 STATE OF ARKANSAS FOR THE APPRAISED VALUE OF
7 $75,000 AND TO AUTHORIZE THE MAYOR AND CITY CLERK
8 TO EXECUTE A DEED FOR THE PROPERTY; AND FOR OTHER
9 PURPOSES.
10
11 WHEREAS, in the interests of saving the historic structure that is the Mosaic
12 Templars building at 9th and Broadway Streets from demolition or inappropriate
13 development, the Little Rock Board of Directors passed Little Rock, Ark. Resolution
14 ( "LRR ") No. 8,842 on December 30, 1992, authorizing the City to purchase the Mosaic
15 Templars building and grounds under certain circumstances, and
16 WHEREAS, one of the conditions of the purchase was that the City execute a
17 lease of the lot to the south of the building ( "Lot 11 ") under a five (5) -year term with a
18 mandatory option to purchase Lot 11 if development and construction work is
19 commenced on the Mosaic Templars building during the lease term, and
20 WHEREAS, after the unavailing attempts of the Mosaic Templars Society to pay
21 for the cost of renovation and operation of the building before the January 15, 1999
22 deadline, the City, due to its commitment to save the historic structure, decided to begin
23 construction and development work in place of the Society and exercised the option to
,ew[a i�LV }ti
24 purchase Lot 11, and
is
'�. �/' _,r?1' :mow. i. �'• f.
it •:Y'•' '4.���{3y \'Y �/r°
[Page 1 of 31
Resolution s�
To a Whorize sale of lot to State of Arkansas rbe. /G�I%ItC`1`l.p
for Mosaic Templars Building ge•ee•vvv�
2
3
4
5
6
7
8
9
10
11
12
13
14
0 0
WHEREAS, the City conveyed the Mosaic Templars building and grounds to
State of Arkansas, Department of Arkansas Heritage, on April 1, 2003 for rehabilitation
and use as a center for African American culture and business enterprise, and
WHEREAS, the State of Arkansas desires to purchase Lot 11, Block 112 and the
north three (3) feet of Lot 10, Block 112, Original City of Little Rock, (the 'Property ") for
the appraised value of Seventy Five Thousand Dollars ($75,000) so that it may add a fire
escape to the Mosaic Templars building for the protection of the general public and so
that it may otherwise enhance the use of the historic Mosaic Templars building, and
WHEREAS, the Little Rock Board of Directors deems it appropriate and in the
best interests of the public health, safety and welfare for the City to enter into a contract
for sale of the Property to the State of Arkansas for a total purchase price of Seventy
Five Thousand Dollars ($75,000).
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
15 Section 1. The sale of property, described as Lot 11, Block 112,and the north
16
17
18
19
20
21
22
23
24
25
26
27
three (3) feet of Lot 10, Block 112, Original City of Little Rock, Arkansas, to the State of
Arkansas for its appraised value of $75,000 is hereby authorized. The Mayor and City
Clerk are hereby authorized to execute a deed, in a form acceptable to the City
Attorney, to the Property on behalf of the City, and they and the City Manager are
authorized to take any other actions necessary to effect the sale of the Property to the
State of Arkansas.
Section 2. Severability. In the event any title, section, paragraph, item, sentence,
clause, phrase, or word of this resolution is declared or adjudged to be invalid or
unconstitutional, such declaration or adjudication shall not affect the remaining
portions of the resolution which shall remain in full force and effect as if the portion so
declared or adjudged invalid or unconstitutional was not originally a part of the
resolution.
[Page 2 of 3]
Newlution
To authorize sale of lot to State of Arkansas
for Mosaic Templar Building
2
3
4
5
6
7
0 0
Section 3. Repealer. All laws, ordinances, resolutions, or parts of the same, that
are inconsistent with the provisions of this resolution, are hereby repealed to the extent
of such inconsistency.
ADOPTED: February 17, 2004
ATTEST:
8 ' - 111 eol/TJ
�
9 Nancy Wo City Clerk
10
11 APPROVED AS TO FORM:
12
13 l� Cyr
14 Thomas M. Carpenter, Ci Attorney
15
16
17 //
18
19
20
21 //
22
23 //
24
Resolution
To authorize sale of lot to Stale of Arkansas
for Mosaic Templars Rugding
APPROVED:
Jint0ailey, Mayor
[Page 3 of 31