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HomeMy WebLinkAbout4228ORD IAitCE 11 0. 4228 i Alit OMIT ?l ?C'E Providing, for the Sale and ExchanL of Certain Property Acqu__red from the 3- pecial :school ..-Jistr .ct of Little Rock, and Situated on Park Avenue Between Fourteenth and Sixteenth :streets, to the Pulaski ifeiLhts Land Company, in Consideration of and in -- c'-anc;e f:)r the Two Ravines Located in Pulaski He. iLhts, the South One of which contains. ai- proxiinate- ly 80 acres, and the North One of which contains a- ..:proxiniattely 70 Acres, an Accurate Descri ,tion of each of which is 'iyr� by the Plat or Blue -print Attached Heretot uZ.-�.� �-�- -✓ ............... 1,1, LEREAS, the City of Little 'Lock i.s desirous of acquir- ing, for park purposes q the taro ravines located on Pulaski Heil;'. ,qts and now owned by the Pulaski iei`hts Lend Company; and r'E'REAS, the Pulaski Ho ights Land Cori: any is willing to e1 :change said two ravines for that certain property acquired by the City froi:i the Special School District of Little hock, situated on Part; Avenue between Fourteenth and Sixteenth 6treets, which is not o vied by the City of Little hock, in part payment for said two s• and ravine �jjMREAS, the citizens of Pulaski Heights undertake to pay to the PulasIV:i ileiEhts Land Company, the difference in value bet -,� een the said tvT c properties. `'IIFORE, BE I^ ORDAINED by the City Council of the City of Little Aock, Arkansas: Section 1. Upon conveyance to the City of Little h ck by the Pulaski Heights Land Company, by a .r warranty deed of the tyro ravines located in Pulaski Heights, City of Little Rock, Arkansas, shoiin on the plat or blue -print attached --iereto, the south one of �.,.ihich contains approximately eighty acres, and the north one of which contains approxirruately seventy acres, the liayor and City Clerk of t«e City of Little bock are her by qut orized and directed � t execute and deliver warranty deed in the name of said City, to the' Pulaski Heights Land Company, to Lots One (1) to Six (6) in - i 2 - clusive, in Block Fifteen (15), and Lots One (1) to Six (6) inclusive, in :31ock Twenty -eight (28), % cBonald & 'k'neeler's Addition to the City of Little Rock, Arkansas, and -Block eleven (11), lark Addition to the City of Little Rock, Arkan- sas, excepting therefrom the property heretofore conveyed by the City of Little Mock to the T,agnolia Petroleum Company, and described as the T;orth 100 feet of Lot 3 and If the `Jest 24 feet of the north 100 feet of Lot 2, Block 15, dicvonald & Viheelerts Addition to the Uity of Little =pock, and e—ceptin` therefrom a tract of land sold b- the City of Little Aock to Wayne Farris, approximately 16 feet east and west by 50 feet north and south, in Lot 1, Block 15 I:Ic.0onald & `VIIeeler's Addition to tle City of' Little Rock, described as beginning at a point on the east line of said block, bl feet south of the northeast corner there- of, thence nest to the east line of a tract conveyed by .nary B. ahriver t`? the especial School Listrict of Little Rock, described in deed of record in Book 1689 page 414, thence south along the said east line to north line of tract conveyed by C. A. and Laura I1. Vanderburg to the 6pecial School District, described in deed of record in Book 168, page 373, thence east along said north line to east line of block, thence north along the east line of said block to the point of beginning. The Ilayor and City Clerk are authorized and instructed to execute and deliver said deed to the Pulaski IIeights Land Company upon execution and de- livery by the Pulaski heights Land Company, of a warranty deed conveying. to the City of Little -Lock the two ravines and tracts of land above described. Section �. lhis ordinance st all take effect fr , and f t e r = ms • Passed: September 1.3, 1927- Attest: Appr ved: Cit y Clerk. ����