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HomeMy WebLinkAbout28-89 RESOLUTIONRESOLUTION NO. 28-89 A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A QUIT CLAIM DEED TO BEKKA DEVELOPMENT CORPORATION FOR THE VACANT LOT ON THE SOUTH SIDE OF THE DOWNTOWN SQUARE. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the Mayor and City Clerk are hereby authorized and directed to execute a Quit Claim Deed to Bekka Development Corporation for the vacant lot on the south side of the downtown square. A copy of the Quit Claim Deed authorized for execution hereby is attached hereto marked Exhibit "A" and made a part hereof. PASSED AND APPROVED this 4th day of April ATTEST_ By: J ity Clerk -7f 'eNs _1 V. APPROVED By: i Mayor / 1989. QUITCLAIM DEED KNOW ALL MEN BY THESE PRESENTS: That the City of Fayetteville, Arkansas (Grantor), for and in consideration of the sum of One Dollar (1.00), to it in hand paid by BEKKA DEVELOPMENT CORPORATION (Grantee), .and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, does hereby grant,bargain, sell, convey, assign, transfer and deliver unto the Grantee, its successors and assigns forever all of its right, title and interest in and to the following described real estate situated in the City of Fayette- ville, Washington County, Arkansas, to wit: Lots Numbered 2, 3 and 14 feet of equal and uniform width off of the East side of Lot Numbered 4 in Block Numbered 30 in the original plat of the Town (now City) of Fayetteville, Arkansas, as per plat recorded in the office of the Circuit Clerk and Ex -Officio Recorder of Washington County, Arkansas. TO HAVE AND TO HOLD the same unto the Grantee and unto its successors and assigns forever. IN WITNESS WHEREOF, the Grantor has caused this Quitclaim Deed to be signed in its name as of this / day of 1989. ATTEST: By: y 'lerk CITY OF FAYETTEVILLE, ARKANSAS BY: a4.4,7iE,_ Mayor / ACKNOWLEDGMENT STATE OF ARKANSAS COUNTY OF WASHINGTON ) On this ZT11 day of APCIL , 1989, came before the undersigned, a Notary Public within and for the County aforesaid, duly commissioned and acting, the City of Fayetteville, Arkansas, William V. Martin, Mayor and Suzanne C. McWethy, City Clerk, to me well known to be the Grantor in the foregoing Quitclaim Deed and that they had executed the same for the consideration and purposes therein mentioned and set forth. IN. WITNESS WHEREOF, I have hereunto set my hand and official 1989. seal this Z�)L day of A'h i2ll My commission expires: Ap z 1 P9h EXHIBIT A oA-A G A tary Public 11/1)4