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HomeMy WebLinkAbout4903 RESOLUTION NO. 4,903 A RESOLUTION AUTHORIZING THE CITY MANAGER TO REQUEST AUTHORITY AND APPROVAL FOR THE EXCHANGE OF LAND IN THE MODEL CITIES HANGER HILL PROJECT WITH COMPARABLE LAND OWNED BY THE LITTLE ROCK HOUSING AUTHORITY; AND FOR OTHER PURPOSES . WHEREAS, the City of Little Rock for and on behalf of Model Cities has purchased 90 ,000 square feet , more or less , in Block 19 , Hanger Hill Addition to the City of Little Rock , Pulaski County, Arkansas , with the intent of devoting same to the use of parks and open space parkland; and WHEREAS , the Housing Authority of the City of Little Rock owns approximately 89 ,175 square feet in the approximate area of the city' s property which has been determined more desir- able for development of a park to serve the neighborhood than the city' s land; and WHEREAS , it is the desire of the City of Little Rock to exchange lands with the Housing Authority of the City of Little Rock and with the newly acquired lands being developed as a neighborhood park within the Hanger Hill Project. NOW THEREFORE , BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1. The City Manager, acting for and on behalf of the City of Little Rock is hereby authorized to make application to the Housing and Urban Development Administration for approval and authority to exchange , without additional consideration , the real property described in Section 2 hereof with the Little Rock Housing Authority in receipt of a conveyance by the said Housing Authority of the real property described in Section 3 hereof with the full understanding and commitment on the part of the City acting by and through Model Cities to develop the latter lands as a neighborhood park in the Hanger Hill Project. SECTION 2 . The property of the City of Little Rock to be conveyed to the Little Rock Housing Authority under authority of this Resolution is described as : -2- A tract of land containing 90 ,000 square feet , more or less and more particularly described as follows , to-wit : Lots 1 through 26 , Cleage ' s Subdivision , Block 19 , Hanger' s Addition to the City of Little Rock , Pulaski County, Arkansas SECTION 3. The real property of the Housing Authority of the City of Little Rock to be conveyed to the City of Little Rock in exchange for the property described in Section 2 hereof is described as a tract of land containing 89 , 175 square feet , more or less , and more particularly described as follows , to-wit: j Lots 1 through 6 and the West 45 feet of Lots 7 through 9 , Block 9 , Hanger' s Addition to the City of Little Rock , Pulaski County, Arkansas together with all of a 20 foot alley situated in said Block 9 ; and Lot 6 , and the South 2 of Lot 5 , the West 45 feet of lots 7 and 8 and approximately the South 2/3 of the West 45 feet of Lot 9 all in Block 10 , Hanger' s Addition to the City of Little Rock, Pulaski County, Arkansas , together with that portion of a 20 foot alley within said Block 10 abutting said blocks 9 and 10 ; and the 60 foot right-of-way for Twelfth Street abutting Blocks 9 and 10 , Hanger' s Addition to the City of Little Rock, Pulaski County, Arkansas for a length of 210 feet. SECTION 4 . This Resolution shall be in full force and effect from and after its adoption. ADOPTED: November 22, 1972 ATTEST : G7/1'LL APPROVED: 111141/4117 y yt, ity Cler Mayor