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RESOLUTION NO. 81-87
A RESOLUTION AUTHORIZING AND DIRECTING THE
CITY ATTORNEY TO INITIATE EMINENT DOMAIN
PROCEEDINGS TO CONDEMN 1.16 ACRES OF LAND
LOCATED AT THE NORTHWEST CORNER OF SPRING
STREET AND SCHOOL AVENUE FOR THE CITY'S ARTS
CENTER PROJECT.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1.-f That the City =Attorney ishereby authorized
and directed to institute eminent domain proceedings to condemn
the real property described in Exhibit "A" attached hereto and
made a part hereof to be used for the City's :Arts Center Project.
PASSED AND APPROVED this 20th day ofOctober' , 1987.
APPROVED
By:
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OWNERS AND/OR PARTIES IN INTEREST
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Car1'B. Robertson and Deborah L. Robertson, husband and wife, and
James D. Davis and Yenny L. Davis, husband and wife
PROPERTY DESCRIPTION:
An undivided one-half (1/2) interest in a part of Block Six
(6) in the Original Town (now City) of .Fayetteville, Arkan-
sas, as per plat on file in the office of the Circuit Clerk
and Ex -Officio Recorder of Washington County, Arkansas, and
being more particularly described as follows, to -wit:
Beginning at the Southeast corner of Block Six (6) and
running thence West 162.5 feet; thence North 311.0 feet;
thence East 162.5 feet; thence South 311.0 feet to the point
of beginning, containing 1.16 acres, more or less.
The undivided one-half interest being conveyed to James D.
Davis and Yenny L. Davis, husband and wife, as tenants by the
entirety, herein, is subject to a first mortgage in favor of
John B. Baggett and Jeff Baggett, dated March 6, 1980, in the
original principal amount of $95,850.00, said mortgage
currently securing the sum of $69,152.06 (principal and
interest) as of 1/1/82. Grantees herein jointly and sever-
ally assume and agree to pay one-half (1/2) of the aforesaid
balance due in accordance with the terms and conditions set
forth in said mortgage and the note secured thereby.
Subject to all roadways, easements and restriction of record,
if any.
EXHIBIT A