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1720RESOLUTION ~ rT o~ O A RESOLUTION APPROVING THE TRANSFER OF CERTAIN REAL PROPERTY FROM THE CITY OF WEST MEMPHIS TO THE GOOD NEIGHBOR/LOVE CENTER FOR USE IN THE HOPE-3 PROGRAM AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE THE DEED AND FOR OTHER PURPOSES. WHEREAS, A.C.A. Section 14-54-302 authorizes municipalities to buy real property upon authorization by written resolution of the City Council; and WHEREAS, the U.S. Department of Housing and Urban Development had real property located at 2901 Church Street, West Memphis, Arkansas, which it has sold to the City of West Memphis for $1.00 (one dollar); and WHEREAS, the City of West Memphis desires to transfer such real property to the Good Neighbor/Love Center to be utilized as part of the HOPE-3 Program and to be transferred pursuant to the guidelines of the HOPE-3 Program to a qualified participant; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, THAT: The transfer by the City of West Memphis of the real property located at 2901 Church Street, West Memphis, Arkansas, to the Good Neighbor/Love Center is hereby approved and the Mayor and City Clerk are hereby authorized and directed to execute the deed or other appropriate instrument to transfer title from the City of West Memphis to the Good Neighbor/Love Center and to take any and all actions necessary to accomplish such transfer. ADOPTED this ~ Q day of ~cToB~R , 2001. William H. Johnson, Ma or Attest: ,-- - ---__ Phillip rty Clerk _~,~;rs u~~~~;!~ _10-~ S -v I ~v: saws. PT, 1 ND~ SC I~