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HomeMy WebLinkAbout90-98 RESOLUTIONI . EXHIBIT A Project NO. 97029 Project: Sunbridge Drive Extension Parcel No. 765-16016-000 Tract No. 1 : Project No. 97029 Project: Sunbridge Drive Extension Parcel No. 765-16016-000 Tract No. 1 TRUSTEE'S WARRANTY DEED BE IT KNOWN BY THESE PRESENTS: ':9la_ it! THAT WE, Ronald W. Curry and Mary A. Curry. Trustees of the Ronald W. Curry and Mary A. Curry Family Trust, U/T/D September 20, 1993, hereinafter called GRANTORS, for and in consideration of the sum of One -liar ($1.00) and other good and valuable consideration, the receipt of which is hereby acknowledged, do hereby grant, bargain sell and convey unto the ' City of Fayetteville, Arkansas, a municipal corporation. hereinafter called GRANTEE, and unto Grantee's successors and assigns, the following described land situated in the County of Washington, State of Arkansas, to -wit: An undivided one-half (/1) interest in the following described real estate; ,l 10 23 A part of the Southeast Quarter (SEA) of the Southwest Quarter (SW/) of Section 35, Township 17 North, Range 30 West, being more particularly described as follows: From the Northeast corner of the Southeast Quarter (SE'/.) of the Southwest Quarter (SWC/.) of said Section 35, thence North 87636' 12" West 317.00 feet to the West right of way line of College Avenue; thence along said West right of way line South 26637' 30" West 107.94 feet to the Point of Beginning; thence leaving said West right of way line South 296 52' 06" West 10.00 feet to a non -tangent curve; thence along the non -tangent curve to the right a distance of 47.97 feet, said curve having a chord bearing and distance of South 71' 28' 16" West 43.02 feet, a radius of 30.00 feet, and a delta angle of 916 37' 24 thence North 62643' 50° West 64.12 feet; thence North 14 08' 26' West 10.00 feet; thence North 62 43' 50" West 6.76 feet to a curve; thence along the curve to the left a distance of 249.60 feet, said curve having a chord bearing and distance of North 79 10' 06" West 246.18 feet, a radius of 435.00 feet, and a delta angle of 326 52' 30"; thence along another curve to the right a distance of 21.43 feet to the West property line, said curve having a chord bearing and distance of North 46 29' 20" West 18.90 feet, a radius of 12.50 feet, and a delta angle of 98 14' 00'; thence along said West property South 02' 37' 37" West 61.82 feet; thence along the South property line South 82 14' 2T East 357.34 feet to the West right of way line of College Avenue; thence along said West right of way line North 266 37' 30" East 34.56 feet to the Point of Beginning, containing 15,794 square feet (0.36 acre), more or less, to the City of Fayetteville, Washington County, Arkansas. The bearings for this description are based on the City of Fayetteville Global Positioning Satellite System, which may vary from the bearing system previously used in describing the subject property. Less and except any of the above described property owned by Fayetteville TO HAVE AND TO HOLD the said lands and appurtenances thereunto belonging unto the said Grantee and Grantee's successors and assigns, forever. And said Trustees, in behalf of the said Trust, hereby covenant with the said Grantee that said Trust is lawfully seized of said lands and premises; that the same is unencumbered, and that the said Trust will forever warrant and defend the title to the said lands against all legal claims whatsoever. **Partners, an Arkansas General Partnership WITNESS the execution hereof on this _� day of Ronald W. Curry and Mary A. Curry Family Trust, U/T/D September 28, 1993 BY: 4-,,4V (4 (La Ronald W. Curry 1998. Trustee Mary A. Cur?y' / / Trustee ACKNOWLEDGMENT STATE OF ARKANSAS ss. COUNTY OF WASHINGTON BE IT REMEMBERED, that on this date, before the undersigned, a duly commissioned and acting Notary Public within and for said County and State, personally appeared Ronald W. Curry and Mary A. Curry, to me well known as the persons who executed the foregoing document, and who stated and acknowledged that they are Trustees of the Ronald W. Curry and Mary A. Curry Family Trust, U/T/D September 28, 1993, and that they are duly authorized to execute the foregoing Instrument for and in the name and behalf of said Trust, and further stated and acknowledged that they had so signed, executed and delivered sald instrument for the consideration uses and purposes therein mentioned and set forth. ----WITNESS mal L his ��� day of `■1 .. _ OFF A SEAL MARILYN B. McCORD MY} COl 1 AV COMMic9iON EXPIRES 03-06-2000 1998 Notary Public 98059893 Project No. 97029 Project: Sunbridge Drive Extension Parcel No. 765-16022-000 Tract No. 2 WARRANTY DEED PARTNERSHIP BE IT KNOWN BY THESE PRESENTS: ".1 P1 .: V / THAT Fayetteville Partners, an Arkansas General Partnership, hereinafter called GRANTOR, for and in consideration of the sum of One Dollar ($1.00) and other good and valuable consideration, the receipt of which is hereby acknowledged, does hereby grant, bargain, sell and convey unto the City of Fayetteville, Arkansas, a municipal corporation, hereinafter called GRANTEE, and unto Grantee's successors and assigns, the following described land situated in the County of Washington, State of Arkansas. to -wit: -I1O25 A part of the Southeast Quarter (SEA) of the Southwest Quarter (SWA) of Section 35, Township 17 North, Range 30 West, being more particularly described as follows: From the Northeast corner of the Southeast Quarter (SEA) of the Southwest Quarter (SW'/.) of said Section 35, thence North 87 36' 12" West 317.00 feet to the West right of way line of College Avenue; thence along said West right of way line South 26° 37' 30' West 142 50 feet to the Point of Beginning; thence continuing along said West right of way line South 27 09' 40" West 100.00 feet; thence leaving said West right of way line North 171 58' 37" West 11.75 feet to a curve; thence along the curve to the left a distance of 36.08 feet, said curve having a chord bearing and distance of North 17 47' 05' West 32.50 feet, a radius of 23.00 feet. and a delta angle of 89 53' 30"; thence North 62' 43' 50" West 77.18 feet to a curve; thence along the curve to the left a distance of 212.46 feet, said curve having a chord bearing and distance of North 79 24' 23" West 209.48 feet, a radius of 365.0 feet, and a delta angle of 331 21' 04'; thence South 83 55' 05" West 13 05 feet to a curve; thence along the curve to the left a distance of 10.06 feet to the West property line, said curve having a chord bearing and distance of South 60° 53' 50" West 9.80 feet, a radius of 12.50 feet, and a delta angle of 48 05' 22"; thence along said West property line North 02 26' 54' East 27.40 feet; thence along the North property line South 82' 14. 27" East 357.34 feet to the Point of Beginning, containing 9,088 square feet (0.21 acre), more or less, to the City of Fayetteville, Washington County, Arkansas. The bearings for this description are based on the City of Fayetteville Global Positioning Satellite System, which may vary from the bearing system previously used In describing the subject property. TO HAVE AND TO HOLD the said lands and appurtenances thereunto belonging unto the said Grantee and Grantee's successors and assigns, forever. And the said Grantor, hereby covenants that It is lawfully seized of said lands and premises; that the same is unencumbered, and that the Grantor will forever warrant and defend the title to the said lands against all legal claims whatever. ^ /n1 WITNESS the execution hereof on this ritik day of �`�"` l.5! 199$. Name of Grantor/Partnership: Fayetteville Partners, an Arkansas General Partnership Mailing Address: P.O. Box 1300 Little Rock AR 72203 SIGNED Charles D Davidson. General Partner 98059694 ry WARRANTY DEED Fayetteville Partners Page 2 of 2 STATE OF ARKANSAS COUNTY OFTL.t.LAK..1 ACKNOWLEDGMENT ss. BE IT REMEMBERED, that on this date, before the undersigned, a duly commissioned and acting Notary Public within and for said County and State, personally appeared Charles D. Davidson, to me well known as the person who executed the foregoing document, and who stated and acknowledged that he is the General Partner of Fayetteville Partners, an Arkansas General Partnership, and Is duly authorized in his capacity to execute the foregoing instrument for and in the name and behalf of said Fayetteville Partners, and further stated and acknowledged that he had so signed, executed and delivered said instrument for the conside ation, uses and purposes therein mentioned and set forth. WITNESS my hand and seal on this 1 `lth day of ap.4 199Ig MY COMMISSION EXPIRES p e $E�3� Ci 9 e NOTARYl s —O— ' PUBLIC i ` A't Qs %So v oiom�N�,"\:o C� L Ll`JvtZ/\ Notary Public 98059695 Project No. 97029 Project: Sunbridge Drive Extension Parcel No. 765-16025-001 Tract No. 3 WARRANTY DEED CORPORATION BE IT KNOWN BY THESE PRESENTS: THAT The University of Arkansas Foundation, Inc., an Arkansas Non - Profit Corporation, hereinafter called GRANTOR, for and in consideration of the sum of One Dollar ($1.00) and other good and valuable consideration, the receipt of which Is hereby acknowledged, does hereby grant, bargain, sell and convey unto the City of Fayetteville, Arkansas, a municipal corporation, hereinafter called GRANTEE, and unto Grantee's successors and assigns, the following described land situated In the County of Washington, State of Arkansas, to -wit: A part of the Southeast Quarter (SE%) of the Southwest Quarter (SW''A) of Section 35, Township 17 North, Range 30 West, being more particularly described as follows: From the Northwest corner of the Southeast Quarter (SE%) of the Southwest Quarter (SW%) of said Section 35; thence along the North line of the Southeast Quarter (SE%) of the Southwest Quarter (SW%) of said Section 35 South 87' 12' 35" East 517.66 feet; thence South 04 33' 45" West 22.78 feet to the Point of Beginning. thence South 04 33' 45" West 142 60 feet; thence North 40 26' 15" West 18.30 feet; thence North 04' 18' 14" East 2.18 feet to a curve; thence along the curve to the left a distance of 23.80 feet, said curve having a chord bearing and distance of North 49 24' 10" West 20.37 feet, a radius of 12.50 feet, and a delta angle of 109 05' 50'; thence along another curve to the left a distance of 70.96 feet, said curve having a chord bearing and distance of South 65* 21' 00" West 70.55 feet, a radius of 190.00 feet, and a delta angle of 216 23' 51'; thence South 54' 39' 05" West 42.00 feet; thence North 35 20' 55" West 12.14 feet to the South right of way line of Sunbridge Drive; thence along said South right of way line North 54 13' 29" East 62.07 feet to a curve; thence along the curve to the right a distance of 66.62 feet, said curve having a chord bearing and distance of North 73" 18' 35" East 65.40 feet, a radius of 100.00 feet, and a delta angle of 38 10' 07"; thence South 87 36' 24" East 14.32 feet to the Southeast corner of the Sunbridge Drive right of way; thence North 04" 10' 50" East 50.00 feet to the Northeast corner of the Sunbridge Drive right of way thence along the North right of way line of Sunbridge Drive North 87 36' 24" West 15.88 feet to a curve; thence along the curve to the left a distance of 99.93 feet, said curve having a chord bearing and distance of South 73' 18' 34" West 98.10 feet, a radius of 150.00 feet, and a delta angle of 389 10' 07"; thence South 54 13' 29" West 61.70 feet; thence leaving the North right of way line of Sunbridge Drive North 35 20' 55" West 7.86 feet; thence North 540 39' 05" East 42.00 feet to a curve; thence along the curve to the right a distance of 126.05 feet, said curve having a chord bearing and distance of North 60 32' 24" East 124.82 feet, a radius of 260.00 feet, and a delta angle of 27 46' 38'; thence along another curve to the left a distance of 17.13 feet, said curve having a chord bearing and distance of North 431 10' 30' East 15.82 feet, a radius of 12.50 feet, and a delta angle of 78' 30' 24'; thence North 04' 04' 48° East 15.12 feet, thence North 49 33' 45" East 19.80 feet to the Point of Beginning, containing 4,596 square feet (0.11 acre), more or less, to the City of Fayetteville, Washington County, Arkansas. The bearings for this description are based on the City of Fayetteville Global Positioning Satellite System, which may vary from the bearing system previously used in describing the subject property. TO HAVE AND TO HOLD the said lands and appurtenances thereunto belonging unto the said Grantee and Grantee's successors and assigns, forever. And the said Grantor, hereby covenants that it is lawfully seized of said lands and premises; that the same Is unencumbered, and that the Grantor will forever warrant and defend the title to the said lands against all legal claims whatever. WITNESS the execution hereof on this BY: day of 1997. THE UNIVERSITY OF ARKANSAS FOUNDATION. INC. Jane Wilson, Chairman Board of Directors Fred Harrison, Secretary Board of Directors (Seal) WARRANTY DEED University of Arkansas Foundation, Inc. Page 2 of 2 • ACKNOWLEDGMENT STATE OF ARKANSAS COUNTY OF WASHINGTON ss. BE IT REMEMBERED, that on this date, before the undersigned, a duly commissioned and acting Notary Public within and for said County and State, personally appeared Jane Wilson and Fred Harrison, to me well known as the persons who executed the foregoing document, and who stated and acknowledged that they are the Chairman and Secretary of the Board of Directors of The University of Arkansas Foundation, Inc., an Arkansas Non -Profit Corporation, and are 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 they had so signed, executed and delivered said Instrument for the consideration, uses and purposes therein mentioned and set forth. WITNESS my hand and seal on this MY COMMISSION EXPIRES: day of 1997. Notary Public • City of FayeQeville, Arkansas Budget Adjustment Form Budget Year 1998 Department: Sales Tax Capital Improvement Fund Division: Program: Date Requested 05/28/98 Adjustment # Project or Item Requested: Additional funding is requested for the Sunbridge Street Extension project. Project or Item Deleted: Funding proposed for this adju tment is from project #98029, Frontage and Zion Road Intersection Improvements. Justification of this Increase: Right of Way acquisition costs are far greater than originally anticipated. 1 C� YYl we . Justification of this Decrease: This project will be evaluated for possible inclusion in the 1999-2003 Capital lrnprovment Program, • st • • Account Name ,.Street Improvements .- ;r;:IncreaseExpels e(DecreaseRevenue) _ YAS•u`1 a :.'1iV.WiCi"�gR ''itf)tat,Yncw40r." Amount Account Number H iiH�>•�tr.-i..a5 A'l`_"'M-'i'� „S' i•i�y'•"�L`! Account Name i';271,000. , ,44470..+ .9470 x'5809 00 • Street Improvements Decrease Expense (Increase Revenue) Account Number Amount 271,000 :4470 9470-.."4;':-&,-.1-5809 : Project Number ,ttf • ....•. r_ 00 ':98029 f 'c1''20a r., 4.111: . i •Ti Approval Signatures et Office Use Only Requested By udget .or'i for Date of Approval Department Director .min. Servi Mayor es Directo Blue Copy: Budget X Research Yellow Copy: Requeste Posted to General Ledger Posted to Project Accounting Entered in Category Log C:IAPP198BUDIB.-IADJISUABRID WK -1 — ,a - 9 • RESOLUTION NO 90-98 A RESOLUTION APPROVING THE ACQUISITION OF TRACT #1, TRACT #2 AND TRACT #3, IN THE AMOUNT OF $345,725, FOR THE EXTENSION OF SUNBRIDGE DRIVE FROM VILLA BOULEVARD TO COLLEGE AVENUE; AND APPROVAL OF A BUDGET ADJUSTMENT PROVIDING FUNDING FOR THE PURCHASE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the City Council hereby approves the acquisition of Tract #1(2571 North College Ave) containing approximately 0.36 acres, Tract #2 (2516 North College Avenue) containing approximately 0.21 acres, and Tract #3 (North and South of Sunbridge Drive, West of Villa Boulevard) containing approximately 0.10 acres, for the extension of Sunbndge Drive from Villa Boulevard to College Avenue, as more fully set forth in Exhibit A attached hereto and made a part hereof. Section 2The City Council hereby approves a budget adjustment in the amount of $271,000, increasing Street Improvements, Acct. No. 4470 9470 5809 00, Project No. 97029 30 by decreasing Street Improvements, Acct. No. 4470 9470 5809 00, Project No. 98029 20. A copy of the budget adjustment is attached hereto and made a part hereof. PASSED AND APPROVED this 7th day of July , 1998. APPROVE By Fred Hanna, Mayor ATTEST: By:"24zvv 1'-4a Heather Woodruff, City Clerk . •...... fc