0473 RESOLUTION NO. 473 ( #7 -94)
I I
A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO APPROVE
AND EXECUTE ALL DOCUMENTS NECESSARY FOR THE TRANSFER OF LOT
4, REBSAMEN MEDICAL SUBDIVISION I; AND, FOR OTHER PURPOSES.
WHEREAS, REBSAMEN REGIONAL MEDICAL CENTER, BY AND
THROUGH ITS BOARD OF COMMISSIONERS, HAS DETERMINED IT
APPROPRIATE AND BENEFICIAL TO THE HOSPITAL TO TRANSFER
CERTAIN REAL PROPERTY BELONGING TO THE HOSPITAL AS MORE
PARTICULARLY DESCRIBED HEREIN;
WHEREAS, THE BOARD OF COMMISSIONERS HAS REVIEWED AND
DETERMINED THE APPROPRIATE MARKET VALUE ON SAID PROPERTY AND
HAS OFFERED SAID PROPERTY FOR TRANSFER IN ACCORDANCE WITH
ARKANSAS LAW; AND,
WHEREAS, TO FACILITATE CONSTRUCTION OF A KIDNEY DIALYSIS
CENTER IN THE CITY OF JACKSONVILLE, THE EXCHANGE OF LOT 4,
REBSAMEN MEDICAL SUBDIVISION I, FOR THE PREVIOUSLY
TRANSFERRED LOT 6F, REBSAMEN MEDICAL SUBDIVISION I (SAID SALE
AUTHORIZED BY THIS CITY COUNCIL ON JULY 1, 1993), WILL ALLOW
FOR A LARGER AND IMPROVED FACILITY, BECAUSE SAID LOTS ARE OF
LIKE SIZE, NATURE, AND THEIR VALUES ARE ESSENTIALLY
EQUIVALENT, THE TRANSFER OF SAID PROPERTIES WILL BENEFIT ALL
PARTIES CONCERNED AND BE CONDUCTED IN ACCORDANCE WITH
ARKANSAS LAW.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF JACKSONVILLE, ARKANSAS, THAT:
SECTION ONE THE CITY COUNCIL HEREBY APPROVES AND
AUTHORIZES THE TRANSFER OF THE REAL PROPERTY DESCRIBED BELOW
TO DIXON AND BIENVENUE LAND HOLDING PARTNERSHIP IN EXCHANGE
FOR TRANSFER OF OWNERSHIP OF LOT 6F, REBSAMEN MEDICAL
SUBDIVISION I TO THE CITY OF JACKSONVILLE, ARKANSAS, BY AND
THROUGH REBSAMEN REGIONAL MEDICAL CENTER.
SECTION TWO: THE MAYOR AND CITY CLERK ARE HEREBY
AUTHORIZED TO EXECUTE AND APPROVE ANY AND ALL DOCUMENTS
NECESSARY TO COMPLETE THE TRANSFER OF THE FOLLOWING DESCRIBED
REAL PROPERTY.
LOT 4, REBSAMEN MEDICAL SUBDIVISION I, CITY OF
JACKSONVILLE, PULASKI COUNTY, ARKANSAS.
SECTION THREE: ALL RESOLUTIONS AND ORDINANCES AND /OR
PARTS THEREOF IN CONFLICT HEREWITH ARE HEREBY REPEALED TO THE
EXTENT OF SAID CONFLICT,
SECTION FOUR: THIS RESOLUTION SHALL BE IN EFFECT FROM
AND AFTER ITS DATE OF PASSAGE.
APPROVED AND ADOPTED THIS A; DAY OF JUNE, 1994.
CITY OF JACKSONVILLE, ARKANSAS
BY : t 0-w-wt. , A
TOMMY SWAIM,
ATTEST:
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