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HomeMy WebLinkAbout35-75 RESOLUTIONRESOLUTION NO. 3.5=1.5" A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A MEMORANDUM OF UNDERSTANDING WITH ROY FAUBUS AND BEULAH FAUBUS REGARDING THE DEDICATION OF STREET AND UTILITY EASEMENTS ALONG MOORE LANE. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: That the Mayor and City Clerk be, and they hereby are, authorized and directed to execute a Memorandum of Understanding with Roy Faubus and Beulah Faubus regarding the dedication of street and utility easements along Moore Lane. A copy of said Memorandum of Understanding, marked Exhibit "A", is attached hereto and made a part hereof. PASSED AND APPROVED THIS 6274A DAY OF 1975. APPROVED:�j ATTEST:,t A^ ) f J ,CITY CLERK MAY O 6101(0 MEMORANDUM OF UNDERSTANDING This agreement executed on this day of 1975, between Roy Faubus and Beulah Faubus, husband and wife, herein- after called the "Developer" and the City of Fayetteville, herein- after called the "City". In consideration of the mutual covenants contained herein, it is hereby agreed by the parties hereto: 1. The Developer agrees to dedicate a twenty-five foot street and utility easement along the North and West sides of the following described property: A part of the SE quarter of the SW quarter of Section 33, T17N, R30W, and being more particularly described as follows, to -wit: Beginning at a point which is 331.28 feet East and 833.88 feet North of the SW corner of said forty acre tract and running thence N 00 degrees 13' East 156.68 feet; thence South 89 degrees 45' East 275.54 feet; thence South 00 degrees 13' {Vest 156.68 feet; thence North 89 degrees 45' West 275.54 feet to the point of beginning. The City agrees to measure building setback lines for all buildings erected in the future upon the above described property from the easement to be line. 3. This Memorandum of Understanding shall not be construed to require the > developers to improve the existing county road (Moore Lane) abutting the North side and West side of the property described herein. WITNESS our hands and seals on this /17 day of --}01,--)(5L.A.L-C_ 1975. CITY OF FAYETTEVILLEARKANNSASS tneeni (Y/J BY: • ATTEST: Lkedej/AAALI'-iz) STATE OF ARKANSAS ) COUNTY OF WASHINGTON ) ss ACKNOWLEDGEMENT On this the 7 % day of , 1975, before me, !a. � f—;i-•—' , the undersigned offices appeared i i -1- � . G--� and husband and wife, known to me to be the persons whose names are subscribed to the foregoing instrument and acknowledged that they had executed the same for the purposes hereincontained. And/ �ti�- to me personally known as wife of [.1 j c c-1---�12---) , further acknowledged that she executed such instrument without compulsion or undue influence of her husband. WITNESS my hand and seal. My Commission Expires: 1 This Instrument Prepared By: James N. McCord City Attorney Postal Drawer F Fayetteville, AR 72701 ' NOTARY PUBLIC