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HomeMy WebLinkAbout07-75 RESOLUTIONRESOLUTION NO. % '!S •Ty A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A CONTRACT WITH ROY FAUBUS AND BEULAH FAUBUS, HUSBAND AND WIFE, TO GUARANTEE THE INSTALLATION OF IMPROVEMENTS REQUIRED BY ORDINANCE NO. 1661. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the Mayor and City Clerk be, and they hereby are, authorized and directed to execute a contract with Roy Faubus and Beulah Faubus, husband and wife, to guarantee the installation of improvements required by Ordinance No. 1661. A copy of said contract, marked Exhibit "A", is attached hereto and made a part hereof. PASSED AND APPROVED THIS 4/,,(t} DAY OF 1975. ATTEST: APPROVED: • l� CITY CLERK MAYOR Beulah Fa u} s, husbandand wife, hereinafter called the "Developers" and the City of Fayetteville, Arkansas, a municipal corporation, hereinafter called the "City." WITNESSETH: 1) That for and in consideration of the hereinafter mentioned covenants, promises, and conditions, the City hereby grants the Developers a waiver from preliminary and final plat requirements of::Appendix.,:C,to the Fayetteville Code of Ordinances as said requirements would be applicable to the following described property, to -wit: CONTRACT ASHINGTONKCOUNTY ARKAN?�° n;.'N im, �, a .t }' 1/4% gnatiati ALMA KOLLIN CIRCUIT CLERK This agreement made and entered into this. /,. day -of , 1975, by and between 'Roy Faubus and A part of the SE 1/4 of the SW 1/4 of Section 33, T17N, R3OW, being more particularly described as follows, to -wit: Beginning at a point which is 606.93 feet E and 833.87 feet N of the SW corner of said forty acre tract and running thence N 00 degrees 13 minutes E 156.68 feet; thence S 89 degrees 45 minutes E 361.16 feet; thence S 30 degrees 58 minutes W 92.80 feet; thence S 27 degrees 32 minutes W 86.42 feet; thence N 89 degrees 45 minutes W 273.48 feet to the point of beginning. prior to and in advance of the installation of the improvements required by Ordinance No. 1661 (Sec. 18-13 of the Fayetteville Code of Ordinances) with the understanding and agreement by the • Developers that they will install the required improvements in .the manner and form designated in the above mentioned ordinance on the property described herein within twelve months from the date when a "Notice to Proceed" is given by the City to the Developers. 2) The City. covenants and agrees that the "Notice to Proceed" hereinabove mentioned be given to Developer within a reasonable time after right of way is obtained across property adjacent to the above described property. City shall give "Notice to Proceed" by certified mail at Developers address or Developers last known address. 3) The Developer hereby covenants and agrees that if he should fail to comply with the terms of this contract, the City may then _ ct 886 181 install the required improvements and charge the developer, plus. interest., at the rate of. ten (10) annum, and this:contractwill then -create a lien cost to the percentper in favor of the.City on the above-described property to secure payment of the amount spent by the City in providing the improvements. 4) That this contract shall bind the parties hereto, the respective heirs, executors, administrators, successors and assigns. 5) This contract shall not be construed to require the developers to improve the existing county road abutting the North side of the property described herein.. • IN WITNESS WHEREOF, this agreement has been executed by the parties hereto the date and yearl.`first above written. DEVELOPERS /Fau 4 ".2y- sJig _V'ty rydr S BeulahFaub s CITY OF FAYETTEVILLE A MUNICIPAL CORPO TION BY' 424477)_ laiS) MAYOR • Vol 886 182 3.] • 3 1 1 STATE OF ARKANSAS ) COUNTY OF WASHINGTON ) • ss. ACKNOWLEDGEMENT `����� , 1975, ."/' day of On this the / � , before me, the undersigned officer, per- . �� - and. sonally appeared ir ".�. " husband and wife, known tome ""t`"`�f� --1-7.c.--f—c-6-4---c-4--ioin instrument and to be the persons whose names are subscribed to tyle foregoing acknowledged that they had executed same for the purposes therein contained. �� to me personally And ��� �, further known as wife of that she executed such instrument without compulsion or un(IR�,.,,,,-,, acknowledged `'� ) li7 • w e �i�o AI. : r/Vr^..f Y N NOTAR PUS0 r• '��bsii7301���, influence of her husband. WITNESS my hand and seal. My Commission Expires: CERTIFICATE OF RECORD STATE OF AR.;;,,ISAS I ss. - rdcrtor Washington County I Otfic o RetO 1, Alma r Circuit Clerk and Ex - Officio 1. Alma n Kou County, d certify that the annexed T. ;p e- onCounty.doledfot my office on the Washington was filed for record in ckT M and thesarne ii gcing i strument l a' 3...4' clordQ �g1 at Page of record 1971 duly recorded in ay of Witness my hand and seal thi AI s,* Circuit C er Ex -Officio Recorded BY DeputY Clark • . voC 883 1 83