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1953ORDINANCE NO. I ~ S3 AN ORDINANCE WAIVING COMPETITIVE BIDDING FOR THE PURCHASE OF THE PROPERTY AT 3303 E. POLK WHEREAS, Arkansas Code Annotated Section 14-58-303 allows waiving of competitive bidding in exceptional situations where such procedure is deemed not feasible or practical; and WHEREAS, the Federal Emergency Management Agency (FEMA) has made grant funds available for the acquisition of property in floodplains that have suffered repetitive flood losses; and WHEREAS, the house at 3303 E. Polk was included in the grant application and meets all FEMA requirements to be eligible for its program; and WHEREAS, the house at 3303 E. Polk has been appraised for $41,000; and WHEREAS, the owners of 3303 E. Polk, J.B. and Odessia Birdo have been made aware of the FEMA program and have accepted the appraised valuation of the property; and WHEREAS, the City of West Memphis wishes to purchase the property for $41,000 and to demolish the house to remove it as a future potential repetitive flood loss in accordance with the FEMA program; and WHEREAS, The City of West Memphis wishes to pay J.B. and Odessia Birdo $2,000 moving expenses and to pay all closing costs; NOW, THEREFORE BE IT ORDAINED BY THE CITY COUNCH. OF THE CITY OF WEST MEMPHIS, ARKANSAS: That competitive bidding be waived for the purchase of the property at 3303 E. Polk and the owners, J.B. and Odessia Birdo be paid the appraised valuation of $41,000 for the property, $2,000 in moving expenses, and the City of West Memphis will pay all closing costs. 2. That the agreement between the City of West Memphis and J.B. and Odessia Birdo is hereby approved and the Mayor and the City Clerk are hereby authorized to execute the necessary purchase contract. PASSED AND APPROVED this '~-~'~ day of ~-~tJi~d`~~ , 2000. WILLIAM H. JO SON, Mayor ATTEST: J .~ PHII. , 'ity Clerk CITY CLERKS OFFICE DATE S' DO ® ~ ~ l3S-0. SPONSORED BY: