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HomeMy WebLinkAbout12014ORDINANCE NO. 12,014 AN ORDINANCE APPROPRIATING THE SUM OF $5,000.00 FROM THE 1965 IMPROVEMENT CONSTRUCTION FUND TO PROJECTS 65 -S -55 and 59; APPROVING THE APPRAISAL OF CERTAIN PARCELS OF LAND AND AUTHORIZING THE PURCHASE THEREOF TO BE USED AS STREET RIGHT -OF- WAY; AND FOR OTHER PURPOSES. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. The City Manager is hereby authorized and directed to acquire certain parcels of land within the contemplated right -of -way for West Markham Street and Mississippi Street as hereinafter set forth and identified by number. Each parcel shall be acquired for the price hereinafter set forth opposite the parcel number which price also represents the approved appraisal of said parcel. The full legalcbscription of each parcel and the approved appraisal thereof are now and shall hereafter remain on file in the office of the Real Estate Department of the City of Little Rock. SECTION 2. The parcels which the City Manager is authorized to acquire and the approved appraisal and purchase price thereof are as follows: Parcel No. Approved Purchase Price 100 -A and B $5,000.00 SECTION 3. The City Manager and Director of Finance are hereby authorized to pay by warrant of the City of Little Rock the 'above purchase price for the respective parcels to the person or persons entitled thereto according to the opinion of the City Attorney so as to vest full legal title to the parcels in the City of Little Rock. SECTION 4. There is hereby appropriated from the 1965 Improvement Construction Fund to Projects 65 -S -55 and 59 the sum of Five Thousand and N01100 Dollars ($5,000.00) to be used for the purchase of the prqperty in the foregoing sections. C c -b1 -2- SECTION 5. It is hereby found by the Board of Directors of the City of Little Rock that traffic conditions within the City are congested and dangerous to the lives and property of its citizens, and that this Ordinance is necessary to provide for the immediate acquisition of right -of -way for such purposes; and it is further found that the acquisition of said parcels should be made immediately and that the price established for the parcels to be acquired is advantageous to the City; now, therefore, an emergency is hereby declared to exist and this Ordinance being necessary for the preservation of the public peace, health and safety shall be in full force and effect from and after its passage, and approval. PASSED: January 2, 1968 ATTEST: APPROVED City Clerk Mayor_