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HomeMy WebLinkAbout2571 RESOLUTION NO. 2 571 A RESOLUTION AUTHORIZING AND DIRECTING THE MAYOR AND CITY CLERK TO ENTER INTO AND EXECUTE AN AGREEMENT WITH RUTH MAY WASSELL GIBB IN SETTLEMENT OF A CERTAIN CONDEMNATION SUIT PENDING IN THE PULASKI COUNTY CIRCUIT COURT WITH REGARDS TO PROPERTY LOCATED ON CANTRELL ROAD; AND FOR OTHER PURPOSES. WHEREAS, the City of Little Rock on the 5th day of May, 1960, filed a condemnation suit in the Circuit Court of Pulaski County, Arkansas, against certain property owned by Ruth May Wassell Gibb, which suit is now pending; and WHEREAS , in settlement of said suit, Mrs. Ruth May Wassell Gibb by her Attorney, William Nash, has submitted a proposed agree- ment; and WHEREAS, the City of Little Rock desires to accept the terms of said proposed agreement in settlement of said condemnation pro- ceeding against Mrs. Gibb; NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The Mayor and City Clerk are hereby authorized and directed to enter into and execute on behalf of the City of Little Rock an Agreement with Ruth May Wassell Gibb in settlement of a condemnation proceeding against certain property therein de- scribed owned by Ruth May Wassell Gibb on Cantrell Road in said City, which Agreement shall be in form and words as follows: A G R E E M E N T WHEREAS , the City of Little Rock, Arkansas , has under acquisition from Ruth May Wessell Gibb an easement over and across the South 5 feet of Lots 25 and 26 and the South 5 feet of the West 40 feet of Lot 24, Normandy Addition to the City of Little Rock, for a cash consideration of $4,000.00 and for the further consideration hereinafter set out; NOW, THEREFORE, as further consideration for the acquisition of the easement over and across the said lands , and further to in- duce Ruth May Wassell Gibb to convey the said easement to the City of Little Rock by special warranty deed, the City of Little Rock agrees that it will construct , or will have constructed, without cost to Ruth May Wessell Gibb, a wall located, of the material, and in the manner specified according to plans and specifications entitled, "Landscape Development Plans, Residence Mr. and Mrs. E. W. Gibb, 6320 Cantrell, Little Rock, Arkansas ," dated May, 1960, and prepared by Neil Hamill Park, which said plans and specifications have been approved by the Office of the City Engineer of the City of Little Rock and by the State Highway Department of the State of Arkansas, except that Ruth May Wassell Gibb will provide at her costs the facing of the said wall with brick according to the said plans and specifications. IN TESTIMONY WHEREOF, the City of Little Rock has caused this instrument to be executed by its Mayor and attested with the seal of the City affixed by its City Clerk this day of , 1960. CITY OF LITTLE ROCK, ARKANSAS By: Mayor ATTEST: City Clerk (S E A L) W -2- SECTION 2. This resolution shall be in full force and effect from and after its adoption. ADOPTED: August 1, 1960 ATTEST: ( 4 4 • v p „v APPROVED: City Clerk Mayit