2055ORDINANCE NO.~D.SS _
AN ORDINANCE WAIVING COMPETITIVE BIDDING FOR THE
PURCHASE OF THE PROPERTY AT 407 AUBURN STREET
DECLARING AN EMERGENCY AND FOR OTHER PURPOSES
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 floodplalns that have suffered repetitive
flood losses; and
WHEREAS, the house at 407 Auburn Street was included in the grant application and
meets all FEMA requirements to be eligible for its program; and
WHEREAS, the house at 407 Auburn Street has been appraised at $77,500; and
WHEREAS, the City wishes to pay the owner of 407 Auburn the appraised value of
the property, less $3,784 that the State Office of Emergency Services has determined to be
duplication of benefit payments; and
WHEREAS, the property owner Mrs. Michelle Hill has accepted the City's offer to
purchase her house at 407 Auburn Street for $73,716, and the City will pay all closing costs;
and
WHEREAS, the City of West Memphis will demolish the house to remove it as a
future potential repetitive flood loss in accordance with FEMA's Hazard Mitigation Grant
Program and will maintain the property as perpetual open space;
NOW, THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF WEST MEMPHIS, ARKANSAS:
1. That competitive bidding be waived for the purchase of the property at 407
Auburn Street, and the owner Mrs. Michelle Hill be paid $70,631 for the
property, and the City of West Memphis will pay all closing costs.
2. That the agreement between the City of West Memphis and Mrs. Michelle Hill
is hereby approved and the Mayor and the City Clerk are hereby authorized to
execute the necessary purchase contract.
3. EMERGENCY CLAUSE: It having been found and determined by the City
Council of the City of West Memphis, Arkansas, that there is an urgent need to
complete this purchase as soon as possible so Mrs. Hill can meet the contract
provisions necessary to finalize the purchase of her new home, and this
Ordinance being necessary for the preservation of the public peace, health,
safety, and welfare of the citizens of West Memphis, Arkansas, shall be in full
force and effect from and after the date of its passage and approval.
PASSED AND APPROVED this ~ day of Q , 2002.
(t~I / ~.. ~ ~r
WILLIAM H. JOHNS N, Mayor
ATTEST:
PHILIP P ity Clerk
SPO SORED BY:
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