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1850ORDINANCE NO. 1$50 AN pRDiNANCE WAIVING Cp111+IPETITIVE BIDDING FQR THE PURCHASE CDF THE PRClPERTY A'T x£31 E. POLK. TDEC'LARI1~tC AN E!ViERCENC'Y AMID FQR OT~R P~JRPtJSES. WRERE~AS, Arkansas Csade Annotated Sectifln 14-5~-3133 aiiows waiving flf competitive bidding in exceptional situations svher~-such procedure-is deemed not feasible-flr practical; and WHEREAS, the Federal E~n~rge~y Ivlanag€ment Age~y (FEMA} bas made ~gra~t fu~ids available--for- the-accluisitioi3 of properly in flQOdplains that have suffered repetitive-flQOd losses; and WI~EREAS, the house-at 34Q 1 E. Folk was inelade-d in the ori~~nal gfarit application and meets all FEMA requirements to be eligible for its program; and WFEEREt4S, the hfluse~at 3401 E. Rolle has been- appraised- far $40;50(}; and WFIEREAS~ the owner of 3401 E. Rolk,lVSrs. Billie sohnson, has been made aware. of the FEMA programs and has accepted the appraised valuatioir of tlie- prc}pe~ty; anci- ~°"v°` W~~AS tl3e arty of 1~dest Rheernplris tivisl~s ~o purchase t~l~e Prope~3' for X40,540 anci t to demolish the-house-to removeit as a f-ature-pot~tial re-petitive-flood-loss in aeeord~ic~with the FE1ViA program; and NOW, THEREFQRE BE TT QRD ATNED BY THE CITY CQiINCIL QF TAE CITY (?F WEST MEMPAIS, ARKANSAS: 1. That competitive bidding be waived for the purchase of the prflperty at X401 E. Polk amid the flwiier, lvlrs. Billie lflhnson, be paid the appraised valuatifln flf $40,500 fflr the prfll~ei~y. 2. That the a~~eenient between the City of West Memphis and dirs. Billie Johnson is hereb}I approved. and the 11~Iayor and the City Clerk are hereby authori~d tQ e~cecu#e-tl~~v necessary purchase contract. 3. E11~ER~EI~~~' ~~,~4USE. ~~ having been found and determined ley the: Eity Council of the City-of West Memphis; -Arkansas, that there is an urgent need to complete this purchase--as soon as pflssible sa the mouse gill Haft stand vacant for a lfTng peri©d of tiirte before it is demolished, so that demfllition can been as sflon as the house is vacated, and so that the house can be-de--n~lished before it ~oQds main, an enier~~ney is herelZy declared tc~ exist, and this. Ordinance being necessary for the preservation flf the public peace, health, safety, and welfare of the. citizens. otf West llriephis, Arkansas, shall be in full force and eff$ct from anti after the date of its passage and app~'¢val. ~AS~E.~ ~~~ APPItQI~ this. 21 St da}r of 7anuar}r 1999. i Ali`-+-+ 's...~ ~ ~'~--/ WII,i.iAM JC3HN ON; l~iayoi~ AT7'E~T: . ___. ~-~ ..... , ~` ~_..._~.r _ -~. P~ITC.i/~F ity Clerk ~ECEI'~~..~~ dry ~pKS OFFICE DAtE ~ ~ l0: 3 o R^1 ~RnM wt ~ b~ s ~