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HomeMy WebLinkAbout2379 r RESOLUTION NO. 2379 A RESOLUTION AUTHORIZING AND DI .ECTING THE MAYOR AND CITY CLERK TO ENTER INTO AND EXECUTE AN AGREEMENT ON BEHALF OF THE CITY OF LITTLE ROCK, ARKANSAS , WITH JIMMY GREEN AND JOHN WHITE, D/B/A THE NORTH LITTLE ROCK HOUSE WRECKING CO . , A PARTNERSHIP, FOR THE SALE TO AND DEMOLITION BY SAID PARTNERSHIP OF ALL IMPROVEMENTS, INCLUDING THE RESIDENCE, ALL AUXILIARIES, BUILDINGS, FENCES , SHRUBS AND TREES FROM PROPERTY SITUATED ON THE NORTHWEST CORNER OF 9TH AND SHER- MAN STREETS IN THE CITY OF LITTLE ROCK, HEREINAFTER DESCRIBED; AND FOR OTHER PURPOSES. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The Mayor and City Clerk arc hereby authorized and directed to enter into and execute an agreement on behalf of the City of Little Rock, Arkansas, with Jiuuuy Green and John White, d/b/a The North Little Rock House Wrecking Co . , a partnership , for the sale to and demolition by said partner- ship of all improvements, including the residence, all auxiliaries, buildings, fences, shrubs and trees from property situated on the Northwest corner of Ninth and Sherman Streets in the City of Little Rock, hereinafter described; which Agreement shall be in form and words as follows: A G R E E M E N T This agreement made and entered into this _ day of July, 1959 , between the CITY OF LITTLE ROCK, ARKANSAS , acting by and through its Mayor and City Clerk, hereinafter called the "First Party" and JIMMY GREEN AND JOHN WHITE d/b/a NORTH LITTLE ROCK HOUSE WRECKING CO. , a partnership, hereinafter called the "Second Party", WITNESSETH: That for and in consideration of the mutual covenants hereinafter contained and set forth the parties hereto mutually agree as follows: 1. First Party agrees to sell and Second Party agrees to purchase for a total price of Three Hundred Eight and 89/100 Dollars ($308.89) all improvements, including the residence, all auxiliary buildings, fences, shrubs and trees from the following described property: Part of Lots 11 and 12 in Block 3 , JOHNSON'S ADDITION to the City of Little Rock, Arkansas, more particularly described as beginning at a point on the West line of Sherman Street which is 115k feet North of the North line of East 9th Street; run- ning thence North to a point which is 145 feet South of the Northeast corner of said Lot 11; thence West to a point on the West line of said Lot 12 which is 145 feet South of the North- west corner of said Lot 12; thence South to the Southwest cor- ner of said Lot 12 ; thence East to the Point of Beginning, and, Part of the Southwest Quarter of Section 2, Township 1 North, Range 12 West, more particularly described as follows: Begin at the point of intersection of the North line of East 9th Street in the City of Little Rock, Arkansas, with the West line of Sherman Street; running thence North 1151 feet; thence West 77 feet; thence South 1151 feet to the North line of said East 9th Street; thence East to the point of beginning, in JOHNSON'S Addition to the City of Little Rock, Arkansas , and, Part of the Southwest Quarter of Section 2, Township 1 North, Range 12 West, more particularly described as follows: Begin at a point on the North line of East 9th Street in the City of Little Rock, Arkansas, which is 296 feet East of the Quapaw Line; running thence North 115A feet; thence East 611 feet; thence South 115 feet to the North line of said East 9th Street; thence West 611 feet to the Point of Beginning; being a part of the Brookins Tract in JOHNSON' S ADDITION to the City of Little Rock, Arkansas , and, Part of Lots 3 and 4 in Block 5 , JOHNSON' S ADDITION to the City of Little Rock, Arkansas, more particularly described as fol- lows: Begin at a point 140 feet South of the South line of East 8th Street in the City of Little Rock, on the East line of Lot 4 in said Block 5 ; thence South along the East line of said Lot 4 to the Southeast corner of said Lot 4; thence West 611 feet along the South line of said Lots 3 and 4; thence North to a point which is 140 feet South of the South line of said East 4 8th Street; thence East 6111 feet to the Point of Beginning. 1 , ,., x i ,x ,rc y,.J. 4fyv 7 ;,44r:,c y..144lr"fivk 6 ..r 4R"" '} `w '., 'a •?':' ,_ i'M'� :`'�1N:w'`(i� ' 1 2. Second Party agrees to remove within fifteen (15) days from the date of this agreement all debris and rubbish from the above A described premises leaving the same clear to the natural grade line , Second Party further agrees to cut and remove all reinforcing steel, bolts and other materials protruding above the natural grade line and to remove from the basement of the residence located on the said property all debris and other loose material. The Second Party agrees to construct to the satisfaction of the Director of Public Works of the City of Little Rock, Arkansas, a barricade fence around the said basement in such a manner as to prevent pedestrians and animals from falling into such basement . 3 . Second Party agrees that in the event that any utility lines servicing buildings not located on the above described premises are disconnected, destroyed, or otherwise impaired in any way by reason of the removal of the improvements as provided for herein, that said Second Party will at his own cost and expense, provide such buildings with adequate substitute utility service lines in lieu of those affected, and will reimburse the First Party for any damage or loss sustained by reason of such disconnection, destruction or impairment . 4. Second Party agrees to furnish a performance bond in the form 4 of cash or cashier' s check in the amount of Two Hundred Dollars ($200.00) to insure the proper clearance of the above described premises within the time herein provided. 5 . Second Party agrees to hold First Party harmless from any and all damages, claims or causes of action arising out of or in any way related to the removal and demolition of improvements located on the above described premises. I 6. First Party makes no guarantee whatever of the condition or quality of the buildings and improvements located on the said property or that they will be useable for any purpose whatever. Second Party t j t r***w*.S*NOWPCP'xloir4Ai000ir -0"riortrts,,, cw,fTwirg-3 agrees to accept said improvements "as is" and understands ' warranty whatever is made of their condition, quality o 7 , First Party makes no guarantee whatever that neceseare eezeeLe or certificates will be issued in connection with the wreciciee ee demolition of. improvements on the said property. Second Pare,/ meree!; to assume all risks and expenses in connection with the issuance of any of such permits or certificates. Second Party agrees to comply with all city ordinances, regulations and state statutes in connectio,1 with the wrecking aeddemolition of improvements on the said premises. 6. Second Party agrees to pay to the First Party as liquidated damages, and not in the nature of a penalty, the sum of Ten Dollars ( 10 .00) per day for each and every day the Second Party shall exceed A P the time prescribed herein for the demolition of the buildings and improvements located on the said property. WITNESS our hands and official seal this day of July, 1959 . CITY OF LITTLE ROCK, ARKANSAS, First Party BY Mayor ATTEST: City Clerk JIMMY GREEN AND JOHN WHITE d/b/a NORTH LITTLE ROCK HOUSE WRECKING CO. , A Partnership, Second Party F -2- SECTION 2. This resolution shall be in full force and effect from and after its adoption. ADOPTED: July 6, 1959 ATTEST: b APPROVED: City Clerk