City Council

/ c #/3ct7 @,- i ^f-t" " - tla% RESOL TTON {r.r"*lZs i Ft B ?,?,13iz A RESoLUTIoN APPRovTNb A RENTAL AGREEMENT BETWEEN THE CTTY OF CITY, TENANT, ru,4 AND T}# OKLAHOMA CITY URBAN RENEWAL AUTHORTTY, *, e- -z r- LANDLORD, COVERING PARCELS OF LAND IN TFM JOHN f. KENNEDY UEBAN RENEWAL PROJECT NO. 4 oKtA- R-35, AND ONE EL OF LAND IN TIM UNI* VERSITY MEDICAL URBAN RENEWAL PROJECT NO. OKLA- R:20; AUTHO rNG TIIE MAYOR AND CITY CLERK TO EXECUTE T}IE SAME. WIIEREAS, the City of lahoma City has previously indicated its intention to acq re the property described below; and WIfiREAS, funds are no available for the immediate acquisition of said property by the City of Oklahoma City; and WIIEREAS, the Oklahoma jCity Urban Renewal Authority has acquired and cleared said ntopertyI and has indi-cated its wirlingness to rent said proper{y on a monthry basis to the I City of Oklahoma City until fun{s are available for its purchase by the City of Oklahom4 City; and WIIEREAS , the Board of Park Commissioners recommended the properties be rented until s are available to purchase the Fee Simple Title; and I I WTIEREAS , the Council qf the City of Oklahoma City deems it to be in the best interiest of the city and the com- l munity as a whole to rent said {roperty for public park pur- I poses until money is available purchase the fee sirnple title. !" NOW, TIIEREFORE, BE IT iRESOL\.ED by the Council of the City of Oklahona City that {he nental Agreements, copies of which are attached hereto, co\zering parcel No - 95-20 (R-35), further described as follows: A part of Block One (1 ), Mee's Addition, a part of Block One (1), Giverns' Eastern Addition, and a part of the NE L/4, ISE L/4, Section Twenty- Six (26) , T12N, R3W, Ii.M-, Oklahoma County, Oklahoma, more particulIarly described as follows: ''-t- --**- I -2- i Beginning at a poj.n t l on the East line of Lot Seventeen (L7) , BlocJ< One (1) , said Mee's Addition, said point being 4.3 feet South of the Northeast corner of said Lot Seventeen (L7), thence South and paratlel to the East l Iine of said SE L/A,t a distance of 1178.60 feet to a point in t[re North Right-of-lrlay line of xortheast 13th Stlreet, thence East along said Right-of-Way lihe a distance of 133 feet to a point 50 feet West of the East line of said SE L/4, thence D{orth, paralle1 to and 50 feet West of the past line of said SE L/4 a distance of LLB2.4L feet, to a point O.49 feet South of the North line of said Block One (I), Mee's Addition, thence Southwesterly a distance of 133.05 feet to a point or place of beginning, conta.ining approximately L57,OO7 .4 qEa Parce1 No. 57-26 (R-35), further described as follows: AI-1 of Blocks One (1) and Two (2), Lots One (1) through Th,enLy-Four (24) , Block Three (3) and the va.cated streets and alley adjacent thereto, BANCROET ADDITION to OKTAHOMA CITY, OKLAHOMA, more particularly described as follows: BEGINNING at the Northeast corner of Lot one (1), Block One (I), said Addition; TIIENCE South Oo 3' 45 " West along the East line of said Blocks One (I), Two (2) and Three (3), a distance of 800 feet to a point in the center lj-ne of said al1ey, thence west a distance of 603.62 feet; TIiENCE due North along the West line of said Blocks Three (3), Two {2) and One (1) 6 distance of B0O feet to the Northwest corner of said Block One (1); TIIENCE South B9o 55' O0" East along the North line of said Block One (f) a distance of 604.49 feet to a point or pf-ace of beginning; said described tract contains 483,244.8 square feet more or less; subject to, however, an option by the Oklahoma City Urban Renewal Authority for a period of five years from the date hereof, to repurchase a porti-on of the above-described property at a price of Eighteen (18) Cents per square foot, which portion of said property is more particularly described as follows: BEGINNING at the Soufheast corner of Lot One (1), Block Three (3) of said BANCRoFT ADDITToN to Oklahoma City, Okfahoma; TIIENCE West along the SouLh lot lines 0f Lots One (1) through Twenty-Four QA)of Block Three (3) 603.62 feet to the Southwest corner of Lot.Twenty*Four (24), Block Three (3); TIIENCE North along the West -3- boundary line of Blocks Two (2) and Three (3) of said Additio:r to F point 395 feet North of the Southwest corneri of Lot Twenty-Four (24) , Block Three (3); rrmitcn East 604-06 feet to a point on the East boundary line of Lot One (1), Block Two (2) of said Addition which point is 395 feet North of the Southeast corner of Lot One (l), Block Three (3); TIIENCE South along the East boundary of Blocks Two (2) and Three (3) of said Addition 395 feet to the Southeast corner of lot One (I), Block Three (3) or point or place of beginning; and Parcel No. 36-1 (R-20), further described ?= fol-lows A part of Block 24, fark place Addj.tion, Block 38, Oak Park Addition, Blocks I and 2, Knott and Gillespie's Addition, Block 2, Amended plat of East Fourth Street Addition a.nd the vacated streets and alley adjacent thereto, more parti- cularly described as follows: Commencing at the Soqthwest Corner of the \WI/4 of Section 35, T12N, R3W, I.M., Oklahoma County, Oklahoma, thence North 0o 05' 30" West along the West line of sai{ Nw L/4 a distance of 190.00 feet, to the point of beginning, said point being IO feet north 1nd 30 feet west of the Southwest Corner of Lot 1O, Bloqk 24, park Place Addition; thence North Bg" 5G, 43" East a distance of 180.19 lfeet to a point in the cen- ter line of the alley in said Block 24, thence South Oo 02' 08" East along the center line of said alley a distance of L4O feet, to a point 50 feet North of the lsouth line of the NW L/4 of said Section 35, f,hence North Bgo 56' 43" East a distance of 140 feet to a point 10 feet West of the East line of said Block 24, thence North 44o 5'l' 15" East a distance of L4.L4 to a point in the East line of said Block 24, said point being 60 feet North of the South line of said llw L/4, thence North oo OZ, 08" west along the East line of said Block 24, a distance of 400.00 feet to a poinrt in the center 1ine of Northeast Fifth Street, thence South B9o 56, 43" West along the Center Line of said street a distance of 330.45 feet to a point in the West line of said L$tI L/4, thence North 60 05, 30', West along the West line of said NW L/4 a dis- tance of 383.76 feet to a point in the North line of glock 38, Oak Park Addition (Extended), thence South B9o 58' 43" West along the North line of said Block 38 a distance of 155.55 feet, thence South 44o 58' 58" west a distance of L4.L4 feet to a point in the West line of Lot 20, Block 38, Oak Park Addition, thence S.outh 0o OO' 54" East _h_ = along the West line f said Lot 2A, a distance of 95 feet, to a point f curve, thence Southwesterty along a curve to the right having a radius of 380 feet, a distance of 262 -34 feet to a point of tangency, thence Sou h 39o 32' 26,, west a distance of 36.72 feet to a int of curve, thence Southerly along a curve to the left having a radius of 3ZO feet, a distance of 2L.35 feet to a point of tan- gency, said point be ng in the West line of glock 2 of the Amended pla t of East Fourth Street Addi- tion, thence South 0 o 05' 30" East along the West line of said Block 2 a distance of 73.85 feet, thence North B9o 52' 58" East a distance of t6O feet, thence South 0o 05' 3 0" East a distance of 11.00 feet, thence North B?" 52' 58" East a distance of 160 feet to a point ln the East line of said Block 2, thence North 0o 05' 30" west along the East li-ne of said Block 2, a dilstance of tO feet, thence North 890 56' 43" E a s t a distance of 30 feet, to the point or place o t beginning. tess and except easements of record. l l Said described t ract contains 276,OLg-O sq- ft. more or less. be and are hereby approved, and ltfrat the Mayor and City Clerk be and are hereby directed to execute the same on behalf of I the City of Oklahoma City. l ADOPTED by the Counc i1 and APPROVED by the Mayor i I of the City of Oklahoma City t hI S f,/'- day of 2',L, , L972. I4AYOR ATTEST: Ci Clerk APPROVED as t o form and legality this lI) day of , L972" Assistant Municipal Counselor '-'*€.