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HomeMy WebLinkAbout11590O_ZDINANCE NO. 11,590 AN O tDINANCE APP tOPRIATING SEVEN THOUSAND TH'tiEE HUND.IIED T.1ENTY -NINE AND 40/100 DOLLA >tiS ($72329.40) FOP, PAYNLNT OF LAND TAKEN AND AI.ESIDUAL DAMAGES TO LANDS IN AND ADJACENT TO UNIVERSITY AVENUE IN THE CITY OF LITTLE 1,OCIG; AUTHOfZIZIN G PAYMENT FO LAND TAKEN AND DAMAGES TO REMAINING LANDS; AND FOR OTHER PURPOSES. c1� ii.�_ji�5 ' , the City of Little Mock has taken certain lands 'dt - for right -of -way purposes in connection with the widening of University Avenue and has thereby incurred an indebtedness for the value of the property taken and for injury and damage to the remaining; parcel; and +,;I3 "EREAS, said property, as more specifically described below, is owned by Helen ose :ahn, Trustee, and that the said Helen ;ose -ahn, Trustee, appears to be entitled to the said damages to her property; and R,iHE EAS, the City of Little Aock acknowledges that the value of the land taken is Three Thousand Five Hundred and No /100 Dollars ($3,500.00) and that the damage to the residual land appears to be in the sum of Seven Thousand Five Hundred and No /100 Dollars ($7,500.00); and 'i:`HE:'.EAS, there is a balance of Three Thousand Six Hundred Seventy and 60 /100 :collars ($3,670.60) in the Street Hight- of -1-lay Fund, Project 'Thirty -Nine (39), University Avenue Might- of -14ay, which can be used for purposes of payment and that the sum of Seven Thousand Three Hundred Twenty -Nine and 40/100 Dollars ($7,329.40) should be appropriated from unexpended balance in the Street sight- of -v,Iay Fund to said Project 39 in order to pay said damages; NOW, THEREFO-tE, BE IT O DAINED BY THE BOA D OF DI�2ECTOAS OF TH LZ CITY OF LITTLE 'IOCv_, ARKANSAS: SECTION 1. There is hereby authorized payment to Helen Rose Kahn, Trustee, for the value of certain lands taken by the O G G -3 D -% -2- City of Little Rock for use in the widening and improving of University Avenue the sum of Three Thousand Five Hundred and No /100 Dollars ($3,500.00) in full and complete payment therefor and there is further authorized payment in the sum of Seven Thousand Five Hundred and No /100 Dollars ($7,500.00) for the injury and damage to the residual lands remaining after the taking, which payment likewise appears to be due to 'Helen dose °ahn, Trustee. The land for which this payment is authorized is Lot 4, Block 15, =andefur's Addition to the City of Little 'mock., a part of which was physically taken by the City of Little and the damage to the residual of the tract relates to the remaining part of Lot 4, "loci:. lo, and all of Lots 5, 6, 7, 8 and 9 of said Block 16 of Sandefur's Addition to the City of Little 11,ock, Arl- Kansas, which is for these purposes deemed and considered a -vfnole tract. SECTIiN 2. There is hereby appropriated from unexpended balance in the Street eight- of -Way Fund to Project 39 within said fund for the -purpose of rain" the dama -es as describeG more fully in Section 1 11ereof the sum of Seven Thousand Three Hundred Twenty - 1,11ine and 40/100 1--ollars ($7,329.40). "E'TION 3. The payment herein authorized and for which the appropriation herein is made shall be payable I., the City 1 ana -er and Director of Finance upon recei t from T.T.elen ::;ose 1 /.ahn, Trustee, of a complete '- elease from any and all further claims which she may have against the 'ity of Little rwck arising from the ta-.in; of lands as above - described or the residual damage to the lands remainin- after the ta'in-, or both, in such form as shall have been approveG in advance by the office of the City Attorney and upon the dismissal or a stipulation for dismissal of any and all pending litigation between Helen lose i_ahn, Trustee, and the City of Little ?ock arising; from the taking and damages of and to the said lands. r 3- , - C1IuiN 4. 'his ordinance shall be in full force and effect from and after its passage anti approval. PASSED: May 3, 1965 EST: ATTE / �",ity Cler; Ti.ayor