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HomeMy WebLinkAbout02-77 RESOLUTION4 • • • RESOLUTION NO. 042--11 • A RESOLUTION APPROVING THE SALE OF APPROXIMATELY 3.75 ACRES OF INDUSTRIAL PARK PROPERTY TO R & P ELECTROPLATING COMPANY. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: That the Board of Directors hereby approves the sale of approximately 3.75 acres of industrial park property to R & P Electroplating Company of Fayetteville for a purchase price of $5,318.75. A legal description of the property authorized for sale by this resolution is attached hereto, marked Exhibit "A", and made a part hereof. PASSED AND APPROVED THIS /e DAY OF 1977. APPROVED: MA OR ATTEST: F ITY CLERK ir •- IvMICROFILMED DATE rt cr. R—?i0.197e • Ito EXHIBIT II All A part of Section 23 and 26, Township 16 North, Range 30 West, Washington County, Arkansas, more particularly described as follows: Beginning at a point which is South 211.8 feet and East 2,326.5 feet from the Southwest corner of Section 23, said beginning point being on the North Right -of -Way line of a public road; thence along said Right -of -Way N 88° 02' W 100.0 feet; thence North 0° 03' E 738.6 feet; thence S 88° 02' E 340.0 feet; thence S 0° 03' W 373.6 feet; thence N 88° 02' W 240.0 feet; thence S 0° 03' West 365.0 feet to the point of beginning and containing 3.76 acres, more or less. The above tract is subject to an easement 30 feet wide, 15 feet either side of the existing 14 inch water line, and an easement 30 feet wide, 15. feet either side of the existing 24 inch sewer line. WARRANTY DEED KNOW ALL MEN BY THESE PRESENTS: That the City of Fayetteville, Arkansas, a municipal cor- poration, for and in consideration of the sum of One Dollar ($1.00) and other good and valuable consideration to it in hand paid by R & P Electroplating, Inc., does hereby grant, bargain and sell unto the said R & P Electroplating, Inc., and unto its heirs and assigns, the following described lands, situate in Washington County, Arkansas, towit: A part of Section 23 and 26, Township 16 North, Range 30 West, Washington County, Arkansas, more particularly described as follows: Beginning at a point which is South 211.8 feet and East 2,326.5 feet from the Southwest corner of Section 23, said beginning point being on the North Right -of -Way line of a public road; thence along said Right -of -Way N 88°02' W 100.0 feet; thence North 0°03' E 738.6 feet; thence S 88°02' E 340 feet; thence S 0°03' W 373.6 feet; thence N. 88°02' W 240.0 feet; thence S 0°03' West 365.0 feet to the point of beginning and containing 3.76 acres, more or less. The above tract is subject to an easement 30 feet wide, 15 feet either side of the existing 14 inch water line, and an easement 30 feet wide, 15 feet either side of the existing 24 inch sewer line. TO HAVE AND TO HOLD The said lands and appurtenances thereunto belonging unto the said R & P Electroplating, Inc., and unto its heirs and assigns forever. And the said City of Fayetteville, Arkansas does hereby covenant that it is lawfully seized of said land and premises; that same is unincumbered, and it will forever warrant and defend title to said lands against all claims whatever. WITNESS the hand and seal of the said City of FaXetteville, Arkansas, a municipal corporation, this ,V/ day of 1977. ,'� /ATTEST: CITY CLERK STATE OF ARKANSAS CITY OF FAYETTEVILLE, ARKANSAS, A Municipal Corporation BY /2 -124 -.1. -of ACKNOWLEDGMENT )SS COUNTY OF WASHINGTON MAYOR BE IT REMEMBERED, That on this day came before the undersigned, a Notary Public, within and for the County aforesaid, duly commis- sioned and acting, Ernest Lancaster and Darlene Westbrook, to me well known as the Mayor and City Clerk, respectively, of the City of Fayetteville, Arkansas, a municipal corporation, grantor herein, and stated that they had executed the foregoing Deed forythe;pur- poses and consideration therein mentioned and set forth:";`,'. ''`'t,'• w tness my hand and seal as such Notary Publicr`t"riffs j3 j " •asy, of �AAJ1 , 1977. i li 1:j,) iJ / , Notary Public IL»., (5.:; My Commission Expires:. /-1 / - 3' 0 •