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RESOLUTION NO. 6,929
A RESOLUTION TO AUTHORIZE THE SALE OF CITY
OWNED REAL PROPERTY LOCATED AT SCHILLER AND
WEST THIRD STREETS IN LITTLE ROCK, DESCRIBED
AS PARCEL 23 -5; ANDnDESIGNATED AS SURPLUS
CITY REAL PROPERTY; AND AUTHORIZING THE CITY
MANAGER, OR HIS DELEGATE, TO NEGOTIATE THE
SALE; AND TO AUTHORIZE THE MAYOR TO EXECUTE
ALL DEEDS AND OTHER DOCUMENTS NECESSARY TO
ACCOMPLISH SUCH SALE.
WHEREAS, the City of Little Rock is the owner of real
property located at Schiller and West Third Streets in the City
of Little Rock and described in its records as parcel 23 -5;
and,
WHEREAS, the City of Little Rock has declared said real
property as surplus property; and,
WHEREAS, said property has been appraised for $5,000.00;
but the highest and best offer made therefor is $2,500.00 by
Janice Mosely and Jim Orsini; and,
WHEREAS, said property contains 9,667 square feet and
has been zoned R -3 by the City; and the prospective purchasers
own other properties in the area, and propose to build within
the zoning at a later date; and,
WHEREAS, unknown persons have been using said property
to dump trash and other matter, and a sale would place a burden
on the purchaser to keep the lot clean and free of such trash,
or weeds; and it has been recommended to the Board of Directors
that the said property be sold for the price offered.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
FOR THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The City Manager, or his delegate, is hereby
authorized to negotiate a contract for the sale of the surplus
City real property located at Schiller and West Third Streets
of Little Rock, and which is described as Parcel 23 -5, to
Janice Mosely and Jim Orsini for their offer of $2,500.00; and
the City Manager or his delegate is authorized to prepare or
to arrange the preparation of all documents necessary to
consummate the said sale.
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SECTION 2. The Mayor for the City of Little Rock is
hereby authorized to execute all deeds and other documents
necessary to accomplish said sale and to convey said lands
to the purchasers for value.
SECTION 3. This Resolution shall be in full force
and effect from and after its adoption.
ADOPTED: February 1, 1983
ATTEST: APPROVED: y�
CLERK ne Czech MAYOR J. W. B0rhafie.Yd
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