RES NO 39-1974 TIR:oss IWCf_7:. BID 07 RILLIS (:AlL13ELL, 7:HE 71.
1137C5IllO7 IARCEI 3 11. THR 3f_i DEVED=ENI A-23.
:7_1LTREAl, a public ee Lain clis2osilon ,;arcels was made on
197 in accorclahhe wiuh rohe aprowed land disIT,osal procedure:, and
;l1F.,7Al a bid froo: Caa.pboil is che highest Oil received fr.= the bi6de:s
r ]RO.RRTAS, che =ounE of the bld oiT :900.6G meats he a2proveci miniwom
dds,b.csa
?rice; ano
che Urchar- Renew'e'i Aawery of the City of VE,1 Ilere has asiertained Che
cuo.lifications an,1 resoeensibilicy of the dropoaed redeveloper; and
TTOOTRAS, the Oroan lenewal CoR,mission approves the s:ioteliont of proTderty
use .ede Lo Y.. Willis CaRo:OelL whicO is attached and made a oara hnrp.,F,
NG: 1 37 T: REECIV:D 37 71E U23AX REREWAL CONZTESION 07 THE
07 VAN BUREN.
1.
Thou Ehe ChhLima,_ oC ahe Urban Renewal Co=ission be authorized to accept
the bid of Willis CeiTpbell, followins identified disposition parcels
a: the listed bid prices;
Legal Description Size USE Price
(1) 120-lco Lot 13 Block 3, Knox Addition 7,500 R 5900.00
7ho:o he ccepcdnce of Chia bid is in accordance with rite approved land disposition
F000gram.
Thao Willis Calupbell possesses the qualifications and financial resources necessary
Jr accslire and develop the land in accordance with the Urban Renewal Plan.
IV.
Tba: Willis Cadlpbeii's statement of property use is reasonable and beneficial
t --tt, i7 vicinity.
V
That the acceptance of this bid is subject to all the requirement of
Urban Renewal Law and approval by the Department of Housing and Urban
Development,
PASSED AND APPROVED BY THE URBAN RENEWAL COMMISSION OP'
URL'
THE UT
AGENCY OF URBAN RENEWAL CIaT OF VAN BUREN, ARKANSAS this the 6th day of May, 1974
ATTEST:
zcretary -v
t
Chairman
APPROVED AS TO EOM:
Attorney
A the
rt City of Lan Buren, Arkansas on the
day of May,
1974.
n
Mayor
ATTESTED:
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C
City
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