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HomeMy WebLinkAbout16-93 RESOLUTIONgable RESOLUTION NO. 16-93 A RESOLUTION APPROVING A SETTLEMENT AMOUNT OF $39,158.44 AND COSTS OF $441.00 IN FULL SATISFACTION OF JUDGMENT IN RE: JOHN V .RNON W SON V CITY OF FAYETTEVII.I.F SUPREME COURT NO. 91-290 REGARDING A SEWER EASEMENT LOCATED ON THE CORNER OF GARLAND AND NORTH STREETS AND APPROVAL OF A BUDGET ADJUSTMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section I. That the City Council hereby approves a settlement amount of $39,158.44 and costs of $441.00 m full satisfaction of judgment In Re: John Vernon Wilson v. City of Fayetteville, Supreme Court No. 91-290 regarding a sewer easement located on the corner of Garland and North Streets. Section 2. The City Council hereby approves a budget adjustment m the amountof $39,599 decreasing Acct. Use of Fund Balance, Acct. No. 2100-0910-4999.99 to increase Acct Settlements, Acct. No. 2100-4120-5311A/9. A copy of the budget adjustment is attached hereto and made a part hereof. PASSED AND APPROVED this 19th day of January , 1993. ATTEST: BY: APPROVED: By: berry L. omas, City Clerk • v co IN THE CIRCUIT COURT OF WASHINGTON COUNTY, ARKANSAS,cco 0 - -n rP r_ CITY OF FAYETTEVILLE, ARKANSAS PLANTIF, vs. JOHN VERNON WILSON NO. CIV 87-1063 m- 3 DEFENDANTZ -c W OMER NOW on this "ht -/J day ofd Z'izU/�, 1993, this cause comes on for hearing on remand from the Ark�p,, ._(sas Supreme Court "for the trier of fact to consider whether compound interest is necessary to afford 'just compensation'." From the stipulations submitted and the evidence adduced, the Court finds as follows: 1. The parties have stipulated that this cause has been compromised and settled and should be dismissed with prejudice. 2. That the additional sum of $39,158.44 plus costs of $441.00 shall be paid by the City of Fayetteville, Arkansas, to John Vernon Wilson as full payment of just compensation for the taking of the subject property easement. IT IS SO ORDERED, that this cause be and hereby is dismissed with prejudice. AGREED AS TO FORM: / �( ' / 7/r / I -'Y / int- �A%'- • t /I �t�l John Vernon Wilson, Defgcndant / l_taGayle d. PlcCarty Assistant City Attorney • CIRCUIT JUDGE • • • TN THR CIRCUIT COURT OF WASHINGTON COUNTY, ARKANSAS y� c0 y w CITY OF FAYETTEVILLE, ARKANSAS PLAIig'1FF ..,.1 r: r*+ vs. NO. CIV 87-1063 r 4D JOHN VERNON WILSON DEFENSANT z : 3 %' m <n O -c Ca c IT IS stipulated by and between the parties hereto that thi ni STIPULATION cause has been compromised and settled and should be dismissed with prejudice. By: !4i41 !:/:(4411 .2.4:0e*Z John Vernon Wilson, Defendant CITY OF FAYETTEVILLE, ARKANSAS Plaintiff. By: /�r&i� Gayle Carty,�8 27 Assistant City Attorney 113 West Mountain Fayetteville, AR 72701 (501) 575-8313 • • CITY OF FAYETTEVILLE, ARKANSAS IN -YEAR BUDGET ADJUSTMENT ADJUSTMENT 0 BUDGET YEAR q3 DEPT: 1'`j W. Wtt.-S DIV •S}.4244. PROG: .4.44 DATE REQUESTED PROJECT OR ITEM RERUESTED: I' Vw FvNti su fo? Sc t10 -44.t e! 3(4n Wo4 1.0(1.0( bons VS (a �4,6ca ticuiIie cast i�Jot.Uxay co,Ts c., 3....1.04 3...� .04 Gown 6 AioRt�iSh.t- rdcsecs.al. JUSTIFICATION OF THIS INCREASE ceu Lt. ..dead /�.}..,ad cat‘ 4.644SO4-41 C. aae.w.i-sea Coet t.,(......aa.n. d .-Vans&, PROJECT OR ITEM DELETED: JUSTI�'F_ICATION OF{ THIS DECREASE SCy�[(tMalIfool 1Js 4 iia-t�.1r 1 J INCREASE ACCOUNT TITLE segieuak ACCOUNT NUMBER PROJ. NO. 21oo-tilts -Sia-o9 AMOUNT 39, ?99 DECREASE ACCOUNT TITLE moi. et cows Psais.fLe, ACCOUNT NUMBER PROJ. NO. 2( oa - 09 l o - *99-99 AMOUNT &9,599 REQUEST BY C RDINATOR DEPARTMENT DIR N CTOR SERVICSI IRECTOR CITY MANAGER DATE '_(2-93 BUDGET OFFICE USE ONLY DATE OF APPROVAL Entered Posted 13)M 3- 'E Type: A B C D