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HomeMy WebLinkAbout2568 RESOLUTION NO. 2568 A RESOLUTION AUTHORIZING AND DIRECTING THE CITY MANAGER TO PURCHASE CERTAIN PROPERTY IN THE CITY OF LITTLE ROCK; AUTHORIZING THE NECESSARY WARRANTS IN PAYMENT THEREOF; AND FOR OTHER PURPOSES. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The City Manager is hereby authorized and directed to purchase from the Little Rock School Board the following described property, to-wit: All of Lot 273 of the Original City of Little Rock, Arkansas, together with the Si of former 17th Street abutting thereon and the Ni of former 18th Street abutting thereon. , for a price not to exceed Thirty One Thousand Five Hundred and No/100 Dollars ( 31,500.00) . SECTION 2. The warrants representing the purchase price of the property described in Section 1 hereof shall be drawn on the Parks & Airport Construction Fund, Project 34. SECT1ON 3. The City Manager and Director of Finance are hereby authorized and directed to execute the necessary warrants in payment of the purchase price of the property described in Section 1 hereof in an amount or amounts not to exceed Thirty One Thousand Five Hundred and No/100 Dollars (01,500.00) ; provided, however, that no funds or moneys shall be paid to the owner or owners of the property described in Section 1 hereof until the City Attorneyts Office shall determine that the City can obtain good and merchantable title for public purposes to the said property from its now owners. SECTION 4. This resolution shall be in full force and effect from and after its adoption. ADOPTED: August 1, 1960 ATTEST: LL ct• I J APPROVED: Ar City Clerk Ma ✓'