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HomeMy WebLinkAbout108-80 RESOLUTION• RESOLUTION NO. • A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A COST SHARING AGREEMENT WITH CHARM HOMES, INC., FOR THE CONSTRUCTION OF SIDEWALKS IN REGENCY NORTH SUBDIVISION. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: That the Mayor and City Clerk are hereby authorized and directed to execute a:cost sharing agreement with Charm Homes, Inc. for the construction of sidewalks in Regency North Subdivision. A copy of the agreement authorized for execution hereby is attached hereto, marked Exhibit "A" and made a part hereof. PASSED AND APPROVED thiscQ/„ ¢ day of A 6,(24 , 1980. ATTEST: CITY CLERK APPROVED: MICROFILMED. CERTIFICATE OF RECORD State of Arkansas City of Fayetteville ( SS I, Vivian Koettel, City Clerk and Ex -Officio recorder for the City of Fayetteville, do here- by certify that the annexed or foregoing is of record in my office and the same ap- pears in Ordinance Ce Resolution book at page Witness my hand and seal this a day of 19. City Clerk and Ex -0 icio Rec at S r" AGREEMENT THIS AGREEMENT executed this `A() day of 1980, by and between the City of Fayetteville, hereinafter called the "City" and Charm Homes, called the "Developer". // t yip `,T 12 1V0 le o F. Arkansas, ,,F 1 43* Inc., hereinafter WHEREAS, the Developer is developing Regency North Subdivision in the City of Fayetteville; and WHEREAS, the Developer and the City desire to enter into -an agreement to provide for construction of sidewalks to serve said subdivision. NOW, contained follows: THEREFORE, in consideration of the mutual covenants herein, the City and the Developer hereby agree as 1. The Developer shall construct to specifications a sidewalk along the south Road where said road abutts Regency North standard City side of Appleby Subdivision. 2. The City shall pay towarnhe'cost.omf,constructing said sidewalk the sum of $3,564.00. • 3. The Developer shall bear the full cost of all base preparation work. 4. The City shall be responsible for spanning the drainage ditch located west of the main entrance to Regency North Subdivision. Said spanning shall be constructed at such time as the City may determine. 5. The Developer shall bear all engineering and landscaping costs and any additional costs which the City does not expressly agree to assume under this Agreement. 6. This Agreement shall be binding upon the parties hereto and upon their heirs, successors and assigns. IN WITNESS WHEREOF, the parties have executed this Agreement on the date first above written. ATTEST: 71'0-P ie' CITY CLERK CHARM HOMES, INC. By: 60,0292` • - 2 STATE OF ARKANSAS ) )ss: COUNTY OF WASHINGTON) ACKNOWLEDGMENT 1 BE IT REMEMBERED, that on this day came before the undersigned, a Notary Public within and for the County aforesaid, duly commissioned and acting, the City of Fayetteville, Arkansas, by John Todd, Mayor, and Vivian Koettel, City Clerk, to me well known to be the Grantors in the foregoing Release Deed and stated that they had executed the same for the consideration and purposes therein mentioned and set forth. WITNESS my hand n7, #.2.-t1•:?Ot% :\etT+ 7 Commission Expires: 5 ` . r E Vr447 e' .4-7 » tin t:. 'i , ,,t' . J and seal as such Notary Public this 1980. STATE OF ARKANSAS ) ss: ACKNOWLEDGMENT COUNTY OF WASHINGTON) On this day of (at , 1980, before the undersigned, a Notary Public, duly commissioned, qualified and acting, within and for the said County and State, appeared n perso the within named (,),,u 4c1d4 p and ��,1�}` , to me well known, who stated that they went -the President and Secretary of Charm Homes, Inc., a corporation, and were duly authorized to execute the foregoing instrument for and in the name and behalf of said corporation, and further stated and acknowledged that they had so signed, executed and delivered said instrument for the consideration, uses and purposes therein mentioned and set forth. IN TESTIMONY WHEREOF, I have hereunto set my hand and official seal this day of �' .�r314SiA x i ssion Expires: / ,..:.23;-: i :. vs! t -g* r. C.^ 1 c. .z:% �'t/t : ; t r�.Qz- . •5 ` wet r r,w's, 1980. Notary Pub,flc • 724 • CERTIFICATE OF RECORD STATE OF ARKANSAS I SS. Washington County 1, Alma L. Koll:n,y3r, Circuit Clerk and Ex,Officio Rer_order for Washington Co.,n! -5 heresy er t fy that the.mnaid or fore- goinginstrurrcrR y,e, f.lad for �recor lin my o r:e da on to y of flat �i. ,,10:-.,v7 j duly recorded in �p.<� --rncord A2.29A2.29a} r: 743 Witness my hand and seal this day of Circuit Clerk and Ex-0'era Record Deputy Clerk ax • • •