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HomeMy WebLinkAbout12777..0� ORDINANCE NO. 12,777 AN ORDINANCE AUTHORIZING THE PURCHASE OF APPROXIMATELY TWO (2) ACRES OF LAND ADJACENT TO THE CITY SANITATION GARAGE; APPROPRIATING $50,000.00 FROM FEDERAL REVENUE SHARING FUNDS TO BE USED DOR THE PURCHASE PRICE OF THE LAND; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. The City of Little Rock hereby accepts the offer of the owner of the following described real property situated in Pulaski County, Arkansas, to sell said property for the sum of Fifty Thousand Dollars ($50,000.00): Part of the West 2, SW4, Section 9, T -1 -N, R -12 -W, Little Rock, Arkansas, being more particularly described as follows: Beginning at a point 25 feet West of the intersection of the East line of the West 2, SW4, Section 9, T -1 -N, R -12 -W and the North Boundary line of platted West 21st Street (Nowwest 20th street), said point being 645.0 feet south and 25.0 feet west of the Northeast corner of the said West 2, SW4; thence West for 275.0 feet Deed (measures 274.1 feet) to a point on the easterly right -of -way line of the CRI & P Railroad; thence in a southeasterly dir- ection along the said right -of -way line for 339.7 feet; thence in an easterly direction for 233.2 feet to aapoint on the east line of the west 2, Ste, said point being 983.5 feet south of the northeast corner of the west 2, SW4;.thence north along the east line of the said West 2, SW4 for 173.5 feet; thence West 25.0 feet; thence north 165.0 feet to the point of beginning, containing 2.11 acres more or less, said parcel being subject to a 15 foot wide dedication filed in Book 161 at page 148, Pulaski County Court- house. SECTION 2. The City Manager is hereby authorized to proceed with the processing and execution of such documents as may be required to consumate the purchase authorized in Section 1 hereof and to pay out the consideration hereinafter appropriated in the amount of Fifty Thousand Dollars ($50,000.00) as full purchase price to the person or persons entitled thereto according to the City Attorney's title opinion vesting fee simple title in the City of Little Rock. c c -c -9 "� h.. /d ` r --w SECTION 3. 'There is hereby appropriated from Federal Revenue Sharing funds the sum of Fifty Thousand Dollars ($50,000.00) to be used for the purchase price herein provided for. SECTION 4. This Ordinance shall be in full force and effect from and after its passage. PASSED: May 15, 1973 ATTEST: ity Cler APPROVED: Mayor