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HomeMy WebLinkAbout34-76 RESOLUTION• RESOLUTION NO. 34}-74 • 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 to execute an acceptance of a roadway easement from St. Louis -San Francisco Railway Company. A copy of said easement, marked Exhibit A, is attached hereto and made a part hereof. PASSED AND APPROVED THIS ✓/d DAY OF , 1976. ATTEST: APPROVED: %LC�7I� %;;-.7(22.7C) MAYOR CITY CLERK • 4 • R-5355 ROADWAY EASEMENT KNOW ALL MEN BY THESE PRESENTS: That ST. LOUIS -SAN FRANCISCO RAILWAY COMPANY, a Missouri corporation, party of the first part, "Grantor" herein, for and in consideration of the sura of ONE DOLLAR ($1.00) and other good and valuable consideration, to it in hand paid by the CITY OF FAYETTE- VILLE; Washington County, Arkansas, a Municipal corporation, party of the second part, "Grantee" herein, receipt of which is hereby ac- knowledged, does hereby Grant and Convey unto the CITY OF FAYETTE- VILLE, its successors or assigns, an easement, for roadway purposes, upon, over and across a strip or parcel of land located in Sections Four (4) and Nine (9), Township Sixteen (16) North, Range Thirty (30) West, Washington County, Arkansas, at Fayetteville, being more parti- cularly described as follows: page S. 02 Being the easterly Twenty-three (23) feet of Grantor's One Hundred (100) foot wide right of way, that is to say, Fifty (50) feet on each side of the center line of Grantor's main track as same is now located and constructed, said strip or parcel to extend in a northerly direc- tion from a point Fifty (50) feet southerly from the intersection of the West line of Gregg Avenue with Grantor's easterly right of way line South of Spruce Street to the westerly projection of the North line of Ash Street. Contains Ninety Hundredths (0.90) acre more or less. Subject to other easements and restrictions, recorded and unrecorded. It is understood and agreed that the grant of easement hereby conveyed is upon the express condition that the Grantee shall construct, and pay for any improvements or maintenance of said road- A • • • • page 8.03 way; and that, if and when said Grantee shall ever cease to main- tain and use said roadway upon, across and over the premises de- scribed above, said easement shall thereupon cease, determine and come to an end. The Grantor reserves the full use and enjoyment of the above-described property except for the rights herein granted, in- cluding but without limitation the right to construct additional tracks over and on said property and the Grantor shall have the right to grant such other licenses, easements and rights in the said property as will not unreasonably interfere with the Grantee's use of the same. IN WITNESS WHEREOF, the said Grantor has caused these pre- sents to be signed in its name by its President, its corporate seal affixed, and attested by its 4xnt; Secretary, this the lir day of .L(L J , 1976. ATTEST: City Clerk ST. LOUIS -SAN FRANCISCO RAILWAY COMPANY By President ACCEPTED BY CITY OF FAYETTEVILLE, Wash- ington County, Arkansas, this day of , 1976. By Title: STATE OF MISSOURI ) ) ss: CITY OF ST. LOUIS ) On this the /,r day of e , 1976, before me, Mary L. AllhofE G the undersigned officer, personally ap- peared R. C. GRAYSON, who acknowledged himself to be the President 2 • • • • • page 8. 04 of the ST. LOUIS -SAN FRANCISCO RAILWAY COMPANY, a corporation, and that he, as such President, being authorized so to do, executed the foregoing instrument for the purposes therein contained, by signing the name of the corporation himself as President. IN WITNESS WHEREOF, I hereunto set my hand and official seal. My Commission expires JG 177 - 3 .r P.c.,•L Al tal Notary Public Cammiumned wrth'n •r d for t•n Loud, which adlmns City .;l s:, lou i. Mc.omi Amis "114 a,. ... performed.