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HomeMy WebLinkAbout4806 RESOLUTION NO. 4,806 A RESOLUTION AMENDING RESOLUTION NO 4 , 734 TO CORRECT AN ERROR IN THE DESCRIPTION OF A TRACT OF LAND IN THE LITTLE ROCK PORT INDUSTRIAL DISTRICT SOLD TO ATLAS TRANSIT, INC. ; AUTHORIZ- ING THE MAYOR AND THE CITY CLERK TO EXECUTE A CORRECTED DEED IN FAVOR OF ATLAS TRANSIT, INC. , AND FOR OTHER PURPOSES . NOW, THEREFORE , BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1. WHEREAS , Atlas Transit, Inc. , submitted a bid to purchase a tract of land in the Little Rock Port Industrial Park for One Hundred Sixty-two Thousand Dollars ($162 , 000. 00) , which offer was accepted by the Board of Directors of the City of Little Rock, Arkansas , by Resolution No. 4 , 734 and; WHEREAS , there was an error in the description of the said tract of land as contained in the said Resolution No. 4 ,734 and also in the Warranty Deed executed by the Mayor and the City Clerk pursuant to that Resolution. The tract of land under consideration is correctly described as follows : A parcel of land located in the SE4 of Section 17 , T-1-N, R-11-W, Pulaski County Arkansas , more parti- cularly described as follows : Commencing at the SE corner of Section 17 , -1-N, R-11-W Pulaski County, Arkansas , thence N 1 33 ' 49" 929 . 80 ' feet along the East line of Section 17 to a point, thence N 89°47 ' 08" W 242 . 14 feet to the point of beginning, thence from the point of beginning N 0°12 ' 52" E 786 . 13 feet to the point of tangency of a curve to the left with a 50 foot radius , thence Northwesterly along said curve to the left 78. 50 feet to a point on the South R/W line of Lindsey Road, also known as Federal Old Secondary Route 1484, thence N89°47 ' 08" W 1103 . 41 ' feet along said South R/W line to a point, thence S 83°11 ' 10" W 90. 51 feet along said South R/W line to a point, thence N 81 041 ' 54" W 60 feet to the intersection of said South R/W line and the g of Old Fourche Bayou, thence Southwesterly on a meandering line along the g of Old Fourche Bayou 840 feet + to a point, thence S89°47 ' 08" E 1525 feet + to the point of beginning. Parcel contains 27 acres more or less . SECTION 2 . In order to correct the erroneous land description contained the the Resolution No. 4 , 734 this amended Resolution is hereby adopted and the Mayor is hereby authorized to execute for and on behalf of the City of Little Rock, Arkansas , a Corrected Warranty Deed to Atlas Transit, Inc. as described herein and the City Clerk is hereby authorized to attest said Deed and to deliver it to Atlas Transit Inc. SECTION 3 . This Resolution shall be in full force and effect from and after the time of its adoption. ADOPTED: June 6, 1972 ATTEST: �'� APPROVED: tf 'ILL/I/2 City Clerk Mayor