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HomeMy WebLinkAbout96-93 RESOLUTIONRESOLUTION NO. 96-93 A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A WARRANTY DEED GRANTING OWNERSHIP TO THE PREVIOUS OWNERS OF PROPERTY ACQUIRED FOR RAILROAD RIGHT-OF-WAY. CO - z X:. cn c CD z 1- r c 0 r _ r m z 3 c OD • o BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: $ec•tion1. That the City of Fayetteville, Arkansas hereby vacates and abandons all of its rights together with the rights of the public generally in and to the following described property located in Washington County, Arkansas: A part of the NE'A of the NW',4 of Section 27, Township 16 North, Range 30 West, Washington County, Arkansas, more particularly described as follows: A strip of land of equal and uniform width 50 feet either side of a line beginning at a point which is 710 feet West of the NE Comer of said 40 acre tract; thence South 2.33' West 456.71 feet; thence curving Southeasterly 541.33 feet along a 12°30' circular curve having a radius of 458.37 feet, thence South 65°07' East 474.95 feet to a point on an existing fence, said point bemg North 227.5 feet from the Southeast corner of said 40 acre tract; contammg 3.44 acres, more or less. Section 2.The Mayor and City Clerk are hereby authorized to execute a warranty deed to convey any right, title or interest the City may have m and to the subject property to the property owner, Lons Stanton Company, an Arkansas Corporation. A copy of the warranty deed is attached hereto as Exhibit "A". PASSED AND APPROVED this 21st day of September 1993. By. Sherry. Thomas, City Clerk APPROVED: BY: 93 66438 aa003H b0J 43113 • WARRANTY DEED KNOW ALL MEN BY THESE PRESENTS: That The City of Fayetteville, Arkansas, a municipal corporation organized under and by virtue of the laws of the State of Arkansas, hereinafter called Grantor, by the Mayor and City Clerk, duly authorized by proper resolution of its Board of Directors (now City Council), for and in consideration of the sum of One Dollar ($1.00) and other good and valuable consideration in hand paid by Loris Stanton Company, an Arkansas Corporation, and Nancy W. Lewis, hereinafter called Grantee, do hereby grant, bargain and sell unto the said Grantee and Grantee's heirs and assigns, the following described land situated in Washington County, State of Arkansas, to -wit: DESCRIPTION: A part of the NE1/4 of the NW1/4 of Section 27, Township 16 North, Range 30 West, Washington County, Arkansas, more particularly described as follows: A strip of land of equal and uniform width 50 feet either side of a line beginning at a point which is 710 feet West of the NE corner of said 40 acre tract; thence South 2°33' West 456.71 feet; thence curving Southeasterly 541.33 feet along a 12°30' circular curve having a radius of 458.37 feet; thence South 65°07' East 474.95 feet to a point on an existing fence, said point being North 227.5 feet from the Southeast corner of said 40 acre tract; containing 3.44 acres, more or less. TO HAVE AND TO HOLD the said lands and appurtenances thereunto belonging unto the said Grantee and Grantee's heirs and assigns, forever. And said corporation hereby covenants with the said Grantee that it is lawfully seized of said land and premises, that the same is unincumbered, and that it will forever warrant and defend the title to the said lands against all legal claims whatever. IN TESTIMONY WHEREOF, the name of the Grantor is hereunto affixed by its Mayor and its seal is affixed by its City Clerk, thisjsC day of driff 1911. CITY OF FYETTEVILLE of� Name rpoon This instrument prepared by By the City of Fayetteville. Fre Hanna, Mayor erry Ili Thomas, City Clerk ACKNOWLEDGMENT STATE OF Arkansas ss COUNTY OF Washington ) On this theo2/4.t day of�,��' ✓ , 19 , before me, a notary public, qualified and acti g, within and for the said County and State, appeared in person the within named Fred Hanna, and Sherry Thomas, to me personally known, who stated that they were the Mayor and City Clerk of the City of Fayetteville, Arkansas, a municipal corporation, and were duly authorized in their respective capacities to execute the foregoing instrument for and in the name and behalf of said corporation, and further stated and acknowledged that uses and purposes therein mentioned and set forth. IN TESTIMONY WHERE seal thisi/At day of My Commission Expires /0-,Q flood I have hereunto set my hand and official 19 7 . 77) ary Public 93 66439