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HomeMy WebLinkAbout133582011052763 Received: 917/2011 1:10:52 PM Recorded: 09/07/2011 01:17:40 PM Filed & Recorded in Official Records of Larry Crane. PULASKI COUNTY CIRCUIT /COUNTY CLERK 1 RESOLUTION NO. 13,3Fas $20.00 2 3 A RESOLUTION TO ACCEPT TITLE TO PROPERTY DONATED TO 4 THE CITY OF LITTLE ROCK BY WARRANTY DEED, TO BE USED 5 FOR NEIGHBORHOOD REVITALIZATION PROGRAMS; AND FOR 6 OTHER PURPOSES. 7 8 WHEREAS, the Board of Directors has stated as one of its goals a desire to provide for 9 neighborhood revitalization, and has taken special efforts to accomplish this goal through its use of 10 various City and Federal funds, and in affirmative actions such as the creation of a Land Bank 11 Commission; and, 12 WHEREAS, in order to accomplish this goal it is required that properties be obtained by the City in 13 areas that are appropriate for revitalization; and, 14 WHEREAS, K & L Developers, Inc., by and through its duly authorized officers, President, William 15 R. Kremer and Secretary, Sara K. Gardner, has indicated its desire to donate to the City of Little Rock the 16 property located at 9200 Adkins Street; and, 17 WHEREAS, the City wishes to accept the property for use in its neighborhood revitalization efforts; 18 and, 19 WHEREAS, the City has obtained a full title search which revealed valid title to the property and no 20 significant title issues; and, 21 WHEREAS, the City has performed an environmental assessment of the property pursuant to 24 22 C.F.R. § 58, et seq. (2003), which revealed no environmental problems; and, 23 24 25 26 27 28 29 30 31 32 33 WHEREAS, K & L Developers, Inc., has paid the 2010 Real Estate Taxes for the property; and, WHEREAS, in consideration for the donation of the property for the public purpose of neighborhood revitalization, the City has agreed to release an outstanding City lien in the total amount of $87.00; and, WHEREAS, State law requires that the City accept the property by resolution adopted by the Board of Directors; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. The Board of Directors hereby adopts this Resolution to accept title to the property located at 9200 Adkins Street which has been offered as a donation to the City of Little Rock. Section 2. The property shall be used for a public purpose, specifically for City revitalization programs. ""' Clq 1 "`' [PAGE 1 of 2] 'coutmr, �''''"f"tN fi % 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Section 3. 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 a if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the ordinance. Section 4. 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: September 6, 2011 APPROVED.: / APPROVED AS TO LEGAL FORM: Thomas M. Carpenter, City Attorney H H H H H H H H H H H H H H H H H / — ll�a - Mark Stodola, Mayor [PAGE 2 of 2]