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2012037626 Received: 6121/2012 9:40:26 AM
Recorded: 06/21/2012 09:48:01 AM Filed &
Recorded in Official Records of Larry Crane,
PULASKI COUNTY CIRCUITICOUNTY CLERK
Fees $20.00
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ORDINANCE NO. 20,602
3 AN ORDINANCE TO REQUEST FURTHER
STUDY ON'
4 SELECTION OF A SITE FOR THE CENTRAL ARKANSAS
5 TECHNOLOGY PARK AUTHORITY; TO REQUEST THE
6 DEVELOPMENT OF A LIST OF SITES TO BE REVIEWED PUBLICLY;
7 AND FOR OTHER PURPOSES.
8
9 WHEREAS, the Central Arkansas Technology Park Authority is conducting research on a possible
10 site for the location of the park, but objections have been raised as to the possible use of the power of
11 eminent domain to obtain any or all of the properties necessary for such a site; and,
12 WHEREAS, the three study areas to date are located in Ward 1 and Ward 2; and
13 WHEREAS, there has been strong objection from residents in the study area about a suggested
14 location there which might require the use of eminent domain to obtain certain residential properties; and,
15 WHEREAS, the location of the authority should not be a source of tension within the community;
16 NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY
17 OF LITTLE ROCK, ARKANSAS:
18 Section 1. The Board of Directors requests, prior to the appropriation to the Central Arkansas
19 Technology Park Authority ( "the Authority") of any proceeds from the 3/8 -Cent Capital Sales and
20 Compensating Use Tax, that the Authority engage in a six (6) -month extensive study on the selection of a
21 site for the park to be located. As a part of this request, the Board of Directors asks the Authority to
22 explore possibilities for sites within the corporate limits of the City of Little Rock, Arkansas, or on the
23 campuses of the University partners, that can be obtained through the use of any, or all, of its statutory
24 powers.
25 Section 2. This search may include additional locations within Ward 1 and Ward 2 that can be
26 obtained without the objections of residents about the acquisition of property.
27 Section 3. In addition to discussions of locations that occur at any monthly meetings of the
28 Authority, the Board requests that at the end of this six (6) -month period of time, the Authority report
29 back to the City about the new potential locations that meet the needs of the Authority and fulfill the spirit
30 of this ordinance.
31 Section 4. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
32 word of this ordinance is declared or adjudged to be invalid or unconstitutional, such declaration or adju-
33 dication shall not affect the remaining portions of the ordinance which shall remain in full force and effect
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as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the
ordinance.
Section 5. 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.
PASSED: June 19, 2012 /
AMIST-
S
Clerk
LEGAL FORM:
Thomas M. Carpenter, City Attor y l
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