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HomeMy WebLinkAbout5108 RESOLUTION NO. 5 ,108 A RESOLUTION APPROVING AND PROVIDING FOR THE EXECUTION OF A RESTRICTIVE COVENANT FOR OPEN- SPACE PURPOSES BY THE CITY OF LITTLE ROCK, ARKANSAS , PERTAINING TO WAKEFIELD PARK, AND FOR OTHER PURPOSES BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1 . The City of Little Rock, ARkansas , has entered into a Contract with the United States of America on July 16 , 1970, for the acquisition of an open-space grant pertaining to the following described lands to be used as a park: Beginning 962 feet north of the southwest corner of the NE4 NW4 , Section 31, Township 1 North, Range 12 West, Pulaski County, Arkansas ; thence run East 623 feet; thence North 320 feet; thence West 623 feet; thence South 320 feet to the point of beginning, LESS AND EXCEPT that part described as: Starting at the north- east corner of said NE4 NW4; thence West 1, 291 feet; thence South 15 feet to the point of beginning; thence run South 75 feet; thence East 150 feet; thence North 75 feet; thence West 150 feet to the point of beginning. The subject property contains 4 . 33 acres , more or less . and Tract 10 , Alameda Acres , more particularly described as follows : Beginning 668 feet West and 320 feet South of the Northeast corner of the NE4 of the NW4, Section 31, Township 1 North, Range 12 West, Pulaski County, Arkansas; thence run South 321 feet; thence West 628 feet; thence North 321 feet; thence East 628 feet to the point of begin- ning in Pulaski County, Arkansas . SECTION 2 . The City of Little Rock, Arkansas, hereby agrees that it will not hereafter sell, lease or otherwise transfer the above des- cribed lands or any interest therein without the prior written approval of the Secretary of Housing and Urban Development of the United States of America, his designee , or any successor thereto. SECTION 3 . The Mayor of the City of Little Rock, Arkansas , is here- by authorized to execute a Restrictive Covenant on behalf of the City of Little Rock , Arkansas , and the City Clerk is hereby authorized to attest same and place the seal thereon, to comply with the provisions of said contract. SECTION 4 . This Resolution shall be in full force and effect from and after its adoption. ADOPTED: December 11 1973 ATTEST: APPROVED: City erk Mayor