Loading...
HomeMy WebLinkAbout135702012063598 Received: 10/3/2012 12:31:49 PM Recorded: 10/C3/2012 12:42:20 PM Filed & Recordedi in Official Records cf Larry Crane, PULASKI COUNTY CIRCUIT /COUNTY CLERK Fees $20.00 1 RESOLUTION NO. 13,570 2 3 4 A RESOLUTION TO ACCEPT TITLE TO PROPERTY DONATED TO 5 THE CITY OF LITTLE ROCK BY WARRANTY DEED, TO BE USED 6 FOR NEIGHBORHOOD REVITALIZATION PROGRAMS; AND FOR 7 OTHER PURPOSES. 8 9 WHEREAS, the Board of Directors has stated as one of its goals a desire to provide for 10 neighborhood revitalization, and has taken special efforts to accomplish this goal through its use of 11 various City and Federal funds, and in affirmative actions such as the creation of a Land Bank 12 Commission; and, 13 WHEREAS, in order to accomplish this goal it is required that properties be obtained by the City in 14 areas that are appropriate for revitalization; and, 15 WHEREAS, Equity Properties, LLC, has indicated its desire to donate to the City of Little Rock the 16 property located at 1812 Johnson 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 WHEREAS, the parcel is a 7,000 square -foot lot with no structure; and, 24 WHEREAS, there are no outstanding City liens against the property; and, 25 WHEREAS, in consideration for the donation of the property for the public purpose of neighborhood 26 revitalization, the City has agreed to pay the 2011 County Real Estate Taxes owed in the total amount of 27 Tw Hundred Fourteen and 27/100 Dollars ($214.27); and, 28 WHEREAS, funds to pay the taxes are available in the Land Bank General Fund Account S35A004; 29 and, 30 WHEREAS, State law requires that the City accept the property by resolution adopted by the Board 31 of Directors; 32 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 33 OF LITTLE ROCK, ARKANSAS: [Page Iof21 COUNTY P� `� 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 1. The Board of Directors hereby adopts this Resolution to accept title to the property located at 1812 Johnson 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. 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: October 1, 2012 ST: , City Clerk LS TO LEGAL FORM: Thomas M. Carpenter, Ci Attorney // // // // // // // // // // // // APPROVED- Mark Stodola, Mayor (Page 2 of 21