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HomeMy WebLinkAbout03-09-99401 Board of Directors Room City Hall - 500 W. Markham Little Rock, Arkansas March 9, 1999 - 4:05 P.M. The Board of Directors of the City of Little Rock, Arkansas, reconvened from the March 2, 1999 regular meeting, with Mayor Jim Dailey presiding. City Clerk Robbie Hancock called the roll with the following Directors present: Directors Hinton, Lichty, Cazort, Keck, Wyrick, Kumpuris, Kelly and Adcock - total 8; Absent - Directors Pugh and Stewart - total 2. With a quorum present, Mayor Dailey declared the Board of Directors in session and stated the purpose of the reconvened meeting was to consider a Resolution regarding the sale of the Wallace Building. Director Cazort moved to also consider four emergency Ordinances related to the January 21, 1999 tornado damage. The motion was seconded by Director Keck and unanimously adopted. (See Ordinances No. 17,952 through 17,955 below.) Consideration was then given to Resolution No. 10,492 entitled: A RESOLUTION TO APPROVE TERMS AND CONDITIONS FOR THE SALE OF THE WALLACE BUILDING TO BLOCK 2 DEVELOPMENT, LLC; TO AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE ANY DOCUMENTS NECESSARY TO COMPLETE SAID REAL ESTATE TRANSACTION, FOR THE BENEFIT OF THE ADVERTISING & PROMOTION COMMISSION; AND FOR OTHER PURPOSES. (Located at the northeast corner of Markham and Main Streets, being Lots 1, 2 and 3 of Block 2 of the Original City of Little Rock, Arkansas.) Director Kumpuris, who is also a member of the Advertising & Promotion Commission, explained the transaction, stating that after much negotiation, the A & P Commission found ways to work out what needed to be done. This is a very good deal for the City of Little Rock. The City is getting $400,000 cash money for the building, which legally gets the City out of the building. Second, it gives the City an option for the northeast corner of the block for $200,000, if the City wants to execute it. It also gives the City the right to sell that option at market value later on (8 -10 years), minus the $200,000. If we exercise that option or if we use that as a plaza in the Livable Cities Grant, then it would be used for some sort of structure for parking to get into their building. The City has also reserved the right - after very intense negotiations - that if we need a tower for another hotel downtown, then we have set out exactly the site limits on a new structure and how it will be built, ground limits, etc. Mayor Dailey, who is also a member of the Advertising and Promotion Commission, spoke in support of the Resolution, stating this allows the true leveraging not only for the Livable Cities Grant but also for this private development to move forward to have 140 apartments for a twenty million dollar development. (The developers (Todd Rice and Paul Esterer - the Vanadis Group) also own the Archer Drug Company building and the Democrat Printing and Lithograph building located in Block 2, Original City.) It is another one of those public - private partnerships that allow that building to be redeveloped as part of a much larger project. The City paid one million dollars for the building, but that also included the land for the Convention Center expansion at Markham and Main Streets. In response to a question by Director Adcock, Director Kumpuris stated that the $400,000 would go to the Little Rock Advertising and Promotion Commission because the Commission purchased the property from Pulaski County in 1990, in the name of the City of Little Rock for the use and benefit of the Advertising and Promotion Commission, and will be used to build sidewalks in front of the Convention Center. In response to Mayor Dailey's question as to the connection 1 402 Minutes - Reconvened Meeting March 9, 1999 between the Convention Center and the parking deck at Second and Main Streets, Director Kumpuris explained that if Advertising & Promotion exercises the option for the lot at the northeast corner of Block 2, then part of the development will include a safe controlled access to be built to connect the Convention Center with the parking deck. Following the reading of the Resolution, Director Cazort moved for its adoption. The motion was seconded by Director Lichty and the Resolution was unanimously adopted. City Manager Cy Carney briefly explained the four ordinances related to the January 21, 1999 tornado and the need for immediate action. City Attorney Tom Carpenter noted that Item 1 on the Addendum also relates to the tornado but needs to be revised and asked that it be deferred until March 16, 1999. Therefore, the Ordinance relating to sidewalks, curbs and gutters in the tornado damaged areas was deferred to March 16, 1999. Ordinance No. 17,952 was then introduced with the title being: AN ORDINANCE TO APPROVE A CONTRACT WITH THE QUAPAW QUARTER ASSOCIATION TO STORE ARCHITECTURAL FABRIC DAMAGED IN THE JANUARY 21, 1999, TORNADO; TO WAIVE COMPETITIVE BIDDING; TO DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES; and the Ordinance was read the first time. The rules were suspended to provide for the second and third readings of the Ordinance by unanimous vote of the Board Members present, being nine in number and two- thirds or more of the members of the Board of Directors. A roll call vote was taken on the question, Shall the Ordinance Pass, with the vote recorded as follows: Ayes - Directors Hinton, Lichty, Cazort, Keck, Wyrick, Kumpuris, Kelly, Adcock, and Mayor Dailey - total 9; Noes - None; Absent - Directors Pugh and Stewart - total 2. The Emergency Clause contained in Section 5 of the foregoing Ordinance was read and adopted by the following roll call vote: Ayes - Directors Hinton, Lichty, Cazort, Keck, Wyrick, Kumpuris, Kelly, Adcock, and Mayor Dailey - total 9; Noes - None; Absent - Directors Pugh and Stewart - total 2. Whereupon, the Ordinance, together with the Emergency Clause, was declared PASSED. Introduced next was Ordinance No. 17,953, with the title being: AN ORDINANCE TO APPROVE A CONTRACT WITH THE URBAN LEAGUE OF ARKANSAS TO PROVIDE TECHNICAL ASSISTANCE TO VICTIMS OF THE JANUARY 21,1999 TORNADO; TO WAIVE COMPETITIVE BIDDING; TO DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES; and the Ordinance was read the first time. The rules were suspended to provide for the second and third readings of the Ordinance by unanimous vote of the Board Members present, being nine in number and two- thirds or more of the members of the Board of Directors. A roll call vote was taken on the question, Shall the Ordinance Pass, with the vote recorded as follows: Ayes - Directors Hinton, Lichty, Cazort, Keck, Wyrick, Kumpuris, Kelly, Adcock, and Mayor Dailey - total 9; Noes - None; Absent - Directors Pugh and Stewart - total 2. The Emergency Clause contained in Section 5 of the foregoing Ordinance was read and adopted by the following roll call vote: Ayes - Directors Hinton, Lichty, Cazort, Keck, Wyrick, Kumpuris, Kelly, Adcock, and Mayor Dailey - total 9; Noes - None; Absent - Directors Pugh and Stewart - total 2. Whereupon, the Ordinance, together with the Emergency Clause, was declared PASSED. 2 Minutes - Reconvened Meeting March 9, 1999 Consideration was then given to Ordinance No. 17,954, entitled: AN ORDINANCE TO AUTHORIZE A CONTRACT EXTENSION WITH ENGINEERING MANAGEMENT CORPORATION OF LITTLE ROCK, ARKANSAS, FOR ASBESTOS ABATEMENT AND REMOVAL IN THE AREA DAMAGED BY THE JANUARY 21, 1999 TORNADO; TO WAIVE COMPETITIVE BIDDING; TO DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES; and the Ordinance was read the first time. The rules were suspended to provide for the second and third readings of the Ordinance by unanimous vote of the Board Members present, being nine in number and two- thirds or more of the members of the Board of Directors. A roll call vote was taken on the question, Shall the Ordinance Pass, with the vote recorded as follows: Ayes - Directors Hinton, Lichty, Cazort, Keck, Wyrick, Kumpuris, Kelly, Adcock, and Mayor Dailey - total 9; Noes - None; Absent - Directors Pugh and Stewart - total 2. The Emergency Clause contained in Section 5 of the foregoing Ordinance was read and adopted by the following roll call vote: Ayes - Directors Hinton, Lichty, Cazort, Keck, Wyrick, Kumpuris, Kelly, Adcock, and Mayor Dailey - total 9; Noes - None; Absent - Directors Pugh and Stewart - total 2. Whereupon, the Ordinance, together with the Emergency Clause, was declared PASSED. The last matter to be introduced was Ordinance No. 17,955, described as: AN ORDINANCE TO CONDEMN CERTAIN STRUCTURES IN THE CITY OF LITTLE ROCK, ARKANSAS, DAMAGED IN THE JANUARY 21, 1999, TORNADO, AS STRUCTURAL, FIRE AND HEALTH HAZARDS; TO PROVIDE FOR SUMMARY ABATEMENT ACTIONS AS NECESSARY TO RAZE AND REMOVE THESE STRUCTURES; TO DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES; and the Ordinance was read the first time. The rules were suspended to provide for the second and third readings of the Ordinance by unanimous vote of the Board Members present, being nine in number and two- thirds or more of the members of the Board of Directors. A roll call vote was taken on the question, Shall the Ordinance Pass, with the vote recorded as follows: Ayes - Directors Hinton, Lichty, Cazort, Keck, Wyrick, Kumpuris, Kelly, Adcock, and Mayor Dailey - total 9; Noes - None; Absent - Directors Pugh and Stewart - total 2. The Emergency Clause contained in Section 8 of the foregoing Ordinance was read and adopted by the following roll call vote: Ayes - Directors Hinton, Lichty, Cazort, Keck, Wyrick, Kumpuris, Kelly, Adcock, and Mayor Dailey - total 9; Noes - None; Absent - Directors Pugh and Stewart - total 2. Whereupon, the Ordinance, together with the Emergency Clause, was declared PASSED. There being no further business to be presented, the reconvened meeting was adjourned at 4:30 o'clock P.M. with the Board of Directors to meet again in regular session on Tuesday, March 16, 1999, at 6:00 o'clock P.M. ATTEST: City Clerk Robbie Hancock 3 APPROVED: ayor Jim Dailey 403