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HomeMy WebLinkAbout11395ORDINANCE NO. 11095 AN ORDINANCE APPROPRIATING TWO HUNDRED TWENTY SIX THOUSAND FIVE HUNDRED FIFTY AND NO /100 DOLLARS ($2262550.00) FOR RIGHT -OF -WAY FOR THE EAST -WEST EXPRESSWAY; PROVIDING FOR PURCHASE OF CERTAIN PARCELS OF LAND;DECLARING AN EMERGENCY; AND FOR OTHER PURPOSES. 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 East -West Expressway as hereinafter identified by number. Each parcel shall be acquired for the price hereinafter set forth opposite the parcel num- ber, which price represents the approved appraisal of said parcel by the United States Bureau of Public Roads and the Arkansas State High - u a way Department. The full legal description of each parcel and the A o approved appraisal thereof are now, and shall hereafter remain, on b W file in the office of the Real Estate Department of the City of Little 9 hock, Arkansas. SECTION 2. The parcels which the City Manager is hereby authorized to acquire and the approved appraisal and purchase price thereof are as follows: Parcel Number Approved Purchase Price 75 $12,250.00 82 12,x00.00 86 81000.00 87 8,750.00 93 92000.00 94 142800.00 98 92800.00 131 92000.00 80 12,500.00 99 8,350.00 104 92200.00 115 132500.00 116 132000.00 117 132400.00 118 16,500.00 120 9,750.00 122 16$00.00 130 11,000.00 132 2$50.00 133 102500.00 136 62200.00 -2- 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 _attor- ney so as to vest full legal title to the parcel in the City of Little Rock. SECTION 4. There is hereby appropriated the sum of Two Hundred Twenty Six Thousand Five Hundred Fifty and No /100 Dollars ($226,550.00) from the City of Little Rock Street Right- of- Wayrund, Project 1- Expressway, for the purposes set forth in the above sec- tions hereof. 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; that expressways are needed and that this ordinance is necessary to provide for the immediate acquisition of right -of -way for such pur- poses; and it is further found that the price established for the parcels to be acquired is advantageous to the City and that the acquisition of said parcels should be made immediately; 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. PASSED: May 20, 1963 ATTEST .�--n APPROVED :� City Clerk Mayor.