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RES NO 06-01-2001 CITY OF VAN BUREN, ARKANSAS 0 RESOLUTION NO. Ip— 1 -2001 A RESOLUTION AUTHORIZING THE CITY ATTORNEY TO TAKE LEGAL ACTION TO CONDEMN CERTAIN PROPERTY IN THE CITY OF VAN BUREN. WHEREAS, The City of Van Buren desires to construct a Riverfront Park adjacent to and as an extension of Mike Meyer Park; and WHEREAS, The City of Van Buren has received a grant of $210,000 from the Federal Highway Administration to construct said Riverfront Park; and WHEREAS, The property to be used for the Park is privately owned and is valued at approximately $6200 according to an appraisal prepared by Bob Robinson of Bell Appraisal Services, Inc.; and WHEREAS, The City of Van Buren will lose the grant from the Federal Highway Administration if the City does not hold title to the property prior to June 30, 2001; BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: SECTION 1: THAT the Van Buren City Attorney is hereby authorized to take any and all legal action necessary to condemn certain private property located adjacent to Mike Meyers Park for the purpose of constructing a Riverfront Park, in whatever legal, administrative or regulatory forum necessary. PASSED AND APPROVED THIS l$ D AY OF JUNE, 2001. MAYOR JOHN GGS ATTESTED: 1 CI Y CLERK/TREASURER 0