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HomeMy WebLinkAbout25-83 RESOLUTIONRESOLUTION NO. 0? S-23 • A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A CONTRACT WITH ARTHUR MILLER FOR THE PROVISION OF CITY SEWER SERVICE TO THE WEST SIX LOTS IN MILLER ADDITION. 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 contract with Arthur Miller for the provision of City sewer service fortthe West six lots in Miller Addition. A copy of the contract authorized for execution hereby is attached hereto, barked Exhibit "A", and made a part .hereof. PASSED AND APPROVED this /5-- day of February, 1983. a. r'ATT'8T" .�' z0Ui:'1, «�' ::d•. By:y City Clerk • APPROVED: By: 6-/L6 60409 Mayor • CONTRACT This contract executed on the /* day of /9100ie/C , 1983, by and between the City of Fayetteville, Arkansas, hereinafter called "the City," and Arthur Miller hereinafter called "the owner." WHEREAS, the Owner owns Lots 1,2,3,14, and 15 in Miller Addition as reflected on the plat for said addition on file in the Office of the Circuit Clerk and Ex Officio Recorder of Washington County, Arkansas; and WHEREAS, the Arkansas State Health Department has taken the position that septic tanks cannot be installed on said lots in conformance with regulations promulgated by the Arkansas Department of Health; and WHEREAS, the Owner has requested the City to provide sewer service to said lots; and WHEREAS, the purpose of this contract is to set forth the terms and conditions under which the City will provide sewer service to said lots. NOW, THEREFORE, in consideration of the mutual covenants contained herein the parties agree as follows: • 1.•.The City shall extend within a reasonable time a six inch sewer line to provide sewer service to Lots 1,2,3, 14,15, and 16 in Miller Addition. The City shallbe under no obligation to extend yard lines from said six inch sewer line to improvements constructed on said lots. It is understood and agreed that nothing herein shall be construed to create a lien or encumberance. on said Lot 16. 2. Owner shall pay to the City as Owner's share of the cost of constructing said six inch line the sum of $.8,116.00 which sum shall be payable as follows: 10 equal annual installments of $ 811.60, plus interest, with the unpaid principal bearing interest at the rate of ten percent (10)) per annum, the first such annual installment being due one year from the date this contract is executed. Owner shall be entitled to partial releases from this \c/ • contract of the aforesaid lots (Lots 1,2,3,14,15.) at the rate of one lot for each $ 1,623.00 of paid in principal, and Owner shall have the right to prepay all or any part of said indebtedness at any time, without penalty. Interest shall be computed on the unpaid principal balance. 3. During the term of this contract the City shall maintain the aforesaid six inch sewer line. 4. During the term of this contract, the aforesaid six inch sewer line shall be a private sewer line. Owner agrees to permit property owners outside of Miller Addition to connect to said six inch sewer line upon payment of each property owner's proportionate share of the cost thereof, which proportionate share shall be determined as follows: $ 9,739 X Number of Acres to be served by New Connection 24 Acres Owner shall immediately pay said sum over to the City upon receipt thereof. 5. This contract shall be binding upon the parties hereto and unto their heirs, successors, and assigns. IN WITNESS WHEREOF, the parties have executed this agreement • on the date first above written. DRB/skb CIT BY ar City Clerk AX \ . Arthur Miller STATE OF ARKANSAS ) ) ss. COUNTY OF WASHINGTON) ACKNOWLEDGMENT 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 Paul Noland,and Olivia Kelly, Mayor and City Clerk, to me well known, and stated that they had executed the same for the consideration and purposes therein mentioned and set forth. WITNESS my and and seal as such Notary Public this C( day of• , 1983. My commission expires: 40 STATE OF ARKANSAS ) ss COUNTY OF WASHINGTON) 747 Notary b i1'c ; �t:� y ACKNOWLEDGMENT BE IT REMEMBERED that on this day came before the undersigned, a Notary Public, within and for the County aforesaid, duly commissioned and acting, Arthur Miller, to me well known, and stated that he had executed same for the consideration and purposes therein mentioned and set forth. WITNESS MY ND AND SEAL AS SUCH Notary Public this / go day of 1983. '7+ My commission expires: Notary ub is