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HomeMy WebLinkAbout103-17 RESOLUTION113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Resolution: 103-17 File Number: 2017-0214 CONDEMNATION LITIGATION SETTLEMENT AGREEMENT: A RESOLUTION TO AUTHORIZE A SETTLEMENT AGREEMENT WITH DRAKE STREET PROPERTY, LLC; 1 155 PROPERTIES, LLC; AND RPM 1 PROPERTIES-FAYETTEVILLE, LLC A/K/A RPM1 PROPERTIES, LLC CONCERNING CONDEMNATION LITIGATION FILED FOR THE WATER AND SEWER RELOCATIONS ASSOCIATED WITH ARKANSAS HIGHWAY AND TRANSPORTATION DEPARTMENT PROJECT BB0414 - INTERSTATE 49 AND HIGHWAY 112 INTERCHANGE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby authorizes Mayor Jordan to sign a settlement agreement with Drake Street Property, LLC; 1155 Properties, LLC; and RPM1 Properties -Fayetteville, LLC a/k/a RPMI Properties, LLC to include payment in the amount of $876,153.00 as full and final settlement of condemnation litigation City of Fayetteville v. Drake St Property, LLQ, e1 al, Washington County Circuit Court Case No. CV -2016-2151-4) filed for the water and sewer relocations associated with Arkansas Highway and Transportation Department Project BB0414 - Interstate 49 and Highway 112 Interchange. Section 2: That the City Council of the City of Fayetteville, Arkansas, in furtherance of the settlement, hereby approves the payment of an additional $376,153.00, over and above the $500,000.00 placed on deposit with the court. PASSED and APPROVED on 5/2/2017 Page 1 Printed on 5/1/17 Resolution: 103-17 File Number.' 2017-0214 Attest: 6-, it�- Sondra E. Smith, City Clerk Treasurer �3�rrrrrr,r Opr FAYETTEVILLE;� IfA'X�• •«.«««VN) 've;,v iC ,# ,►� Page 2 Printed on 5/1/17 City of Fayetteville, Arkansas 113 West Mountain Street } Fayetteville, AR 72701 ' - r (479) 575-8323 Text File File Number: 2017-0214 Agenda Date: 5/2/2017 Version: 1 Status: Passed In Control: City Council Meeting File Type: Resolution Agenda Number: A. 8 CONDEMNATION LITIGATION SETTLEMENT AGREEMENT: A RESOLUTION TO AUTHORIZE A SETTLEMENT AGREEMENT WITH DRAKE STREET PROPERTY, LLC; 1155 PROPERTIES, LLC; AND RPM1 PROPERTIES-FAYETTEVILLE, LLC A/K/A RPM] PROPERTIES, LLC CONCERNING CONDEMNATION LITIGATION FILED FOR THE WATER AND SEWER RELOCATIONS ASSOCIATED WITH ARKANSAS HIGHWAY AND TRANSPORTATION DEPARTMENT PROJECT BB0414 - INTERSTATE 49 AND HIGHWAY 112 INTERCHANGE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby authorizes Mayor Jordan to sign a settlement agreement with Drake Street Property, LLC; 1155 Properties, LLC; and RPM] Properties -Fayetteville, LLC a/k/a RPMI Properties, LLC to include payment in the amount of $876,153.00 as full and final settlement of condemnation litigation {City of Fayetteville v. Drake St Property. LLC, cwt Irl, Washington County Circuit Court Case No. CV -2016-2151-4) filed for the water and sewer relocations associated with Arkansas Highway and_ Transportation Department Project BB0414 - Interstate 49 and Highway 112 Interchange. Section 2: That the City Council of the City of Fayetteville, Arkansas, in furtherance of the settlement, hereby approves the payment of an additional $376,153.00, over and above the $500,000.00 placed on deposit with the court. City of Fayetteville, Arkansas Page 1 Printed on 51112017 Kit Williams Submitted By City of Fayetteville Staff Review Form 2017-0214 Legistar File ID 5/12017 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item 4/14/2017 City Attorney / General Government Department Submitted Date Division / Department Action Recommendation: Authorize Mayor Jordan to sign settlement agreement in condemantion cases for utility relocations associated with the Arkansas Highway Department 1-49/Fulbright Expressway Inter -Change Project. Total payments to property owners in the amount of $876,153.00. Account Number Project Number Budgeted Item? NA Does item have a cost? NA Budget Adjustment Attached? NA Budget Impact: Current Budget Funds Obligated Current Balance Item Cost Budget Adjustment Fund Project Title Remaining Budget V20140710 Previous Ordinance or Resolution # Original Contract Number: Comments- Approval Date: OFFICE OF THE CITY ATTORNEY DEPARTMENTAL CORRESPONDENCE TO: Mayor Jordan City Council CC: Don Marr, Chief of Staff Paul Becker, Chief Financial Officer FROM: Kit Williams, City Attorney r '' DATE: April 6, 2017 Kit Williams City Attorney Blake Pennington Assistant City Attorney Patti Iviulford Paralegal RE: Proposed Settlement of Condemnation Case to Secure Necessary Property for Major Sewer Line When the Arkapsas Highway and Transportation Department decided to make extensive and much needed improvements to the Highway 112, Interstate Highway 49 and Fulbright Expressway intersection, it needed to acquire large acreage from three, properties south of this intersection from Neal Pendergraft-owned companies. The City of Fayetteville was informed that we were required to move our large sewer main which had adjoined the highway right-of-way, but now was in the way of the much -expanded highway. Initial negotiations by our Land Agents failed so the Fayetteville City Council authorized the City Attorney's Office to acquire possession of a general utility easement through eminent domain. In early negotiations with the attorneys representing Neal Pendergraft, we agreed it would be best for their condemnation of a much larger parcel by the Highway Department be settled or tried to establish the most accurate value of the land that needed which adjoined the land being taken by the Highway Department. We later obtain possession (not ownership) after the Circuit Judge ordered that we pay $500,000.00 into Court until a final valuation amount could be agreed to or a jury could value the property. With the City Council's permission, this amount was paid into the Court's registry. Recently, Mr. Pendergraft and his attorneys worked out and agreed on a settlement with the Arkansas Highway Department which valued his property at $8.06 per square foot for the highway right-of-way taking. This high valuation was probably influenced by the rezoning from Residential Agriculture to the far denser and more valuable Urban Thoroughfare granted by the City Council shortly before the highway improvement project began. Of major importance is the valuable location of this property adjoining the new I-49 intersection between Highway 112 and Gregg Street. Fortunately, the vast majority of this general utility easement acquisition costs (over 87%) should be refunded to us by the Highway Department so the agreement to pay $8.06 per square foot is a reasonable amount for us to recommend to the City Council. This will result in our payment of an additional $376,153.00 to obtain deeds to our needed easement. Please see Pendergraft's attorney Woody Bassett's letter to me of April 5, 2017 explaining their settlement offer. We have been informed by the Highway and Transportation Department that the Highway Department should refund 87.06% of this easement acquisition costs (copy of email attached). I compute this to be $762,778.80 meaning that the City's final out-of-pocket costs would be $113,374.20 for the necessary easement. I recommend that the City Council approve and accept the settlement proposal for the three parcels of Neal Pendergraft's land pursuant to Woody Bassett's letter of April 5, 2017. `i Williams, Kit From: Pennington, Blake Sent: Friday, April 14, 2017 9:33 AM To: Williams, Kit Subject: FW: BB0414 reimbursable agreement Blake E. Pennington Assistant City Attorney Tele: (479) 575-8313 h11311111 �ttW�c AICA11 0%, From: Mashburn, Keith[mailto:Keith.Mashburn@ahtd.AR.gov] Sent: Thursday, March 30, 2017 11:34 AM To: Beavers, Jim <jbeavers@fayetteville-ar.gov> Cc: Nyander, Tim <tnyander@fayetteville-ar.gov>; Pennington, Blake <bpennington@fayetteville-ar.gov> Subject: RE: BB0414 reimbursable agreement Jim, The 87.06% reimbursable percentage will apply to easement costs, as with all the various categories on our agreement. Can you provide a current estimate of your easement costs for this project? Thanks, Keith Mashburn AHTD Utility Coordinator 501.569.2142 From: Beavers, Jim [nvAto:jbeayers atf ey ttey [le-ar .ciav] Sent: Wednesday, March 29, 2017 7:29 AM To: Mashburn, Keith Cc: Nyander, Tim; Pennington, Blake Subject: BB0414 reimbursable agreement Keith, As our City Attorney negotiates, or goes to trial with the Pendergraft property easements, I have been asked to verify the reimbursable percentage. I understand that the 87.06% reimbursement also includes all land and easements required for BB0414 water and sewer relocations. Such totals and reimbursements are greater than the agreement and agreement change order that we have on file. Please confirm. Rev. 01-31-2013 ARKANSAS STATE HIGHWAY COMMISSION HIGHWAY - UTILITY CONSTRUCTION/RELOCATION AGREEMENT State Job No BB0414 (Utilities) County Washington ___ _ _ Federal Aid Project BIM-STPF-13540(216) Job Location Porter Rd. - Hwy. 12/71B Widening & Intchng. Impvts. (F) Route 149 Section 28 Utility Owner City of Fayetteville _ Water and Sewer THIS AGREEMENT, made and entered into this +�'" day of _7—,d 20 1 �, by and between the Arkansas State Highway Commission, acting by and through the duly authorized representatives of the Arkansas State Highway and Transportation Department, with headquarters at Little Rock, Arkansas, hereinafter referred to as the "Department," and the City of Fayetteville Water and Sewer of Fayetteville, Arkansas acting by and through its duly authorized representatives, hereinafter referred to as the "Owner" WITNESSETH: The Department proposes to make highway improvements as specified under the above referenced job number and the Owner will adjust or relocate its existing facilities as set out in the attached plans and cost estimate. The Department will participate in the cost of said adjustment/relocation to the extent that eligibility is hereinafter established. Payment will be made on actual cost basis as mutually agreed between Owner.and Department. This agreement is governed by all applicable State and Federal laws, rules, and regulations including the Arkansas_ State Highway Commission Utility Accommodation Policy adopted by Commission Minute Order 2010-146 as amended and supplemented, the Federal Aid Program Guide on Utility Adjustments and Accommodation on Federal Aid Highway Projects as amended and supplemented, and the provisions of 23 CFR § 645 as amended and supplemented. DESCRIPTION OF WORK-- See Exhibit A on Page 4 The Department agrees that the required adjustment is 87.06% eligible for reimbursement for the actual cost which is estimated to be $2,210,993.75 of which $1,924,891.16 is to be paid by the Department and $286,102.59 is to be borne by Owner. Page 1 of 4 Rev. 01-31-2013 Job 880414 City of Fayetteville Water and Sewer Owner will not commence work until authorized by the Department, and will then endeavor to begin within 150 calendar days and complete within 180 calendar days thereafter. On completion of said work, Owner is responsible for the cleanup and restoration of the work area including the disposal of surplus materials and debris. Final billing must include all supporting detail. Owner shall also submit one (1) set of as -built drawings at this time. Payment will be 100% of lump sum bills and actual cost bills, at the discretion of the Department a 10% retainage can be withheld and released upon completion of an audit review. All final bills for utility relocation are subject to review and audit by state and/or federal -auditors. - Expenses incurred under an actual cost agreement may be billed to the. Department monthly in increments of $5,000.00 or more. Owner must maintain cost records and accounts to support the agreed adjustment/relocation work. Said records to be retained and available for inspection for a period of three (3) years from date of final payment. Owner shall be responsible for any and all hazards to persons, property, and traffic. With respect to traffic control, owner shall adhere to the requirements of the Manual of Uniform Traffic Control Devices as amended and supplemented. To the extent applicable to this agreement, the Owner shall comply with the Buy America requirements (as specified in 23 U.S.C. 313 and 23 CFR 635.410). The Owner is not required to change its existing standards for materials as long as the Buy America requirements are met. Buy America requirements take precedence over regulations pertaining to the accommodation or regulation of the Owner's facilities (as specified in 23 CFR 645) on contracts and agreements involving Federal -Aid Highway Program funding and precedence over regulations which allow the Owner to furnish materials from company stock (as specified on 23 CFR 645.117(e)). Company Stock materials that do not meet Buy America requirements may not be permanently incorporated Into a Federal -Aid Highway Program funded project. The Owner must provide a definitive statement that all products permanently incorporated into the project are covered under the Buy America requirements. This requirement is .fulfilled via proper signature and submission of the statement of charges form. In some circumstances, a waiver of the Buy America requirements may be granted by the Federal Highway Administration, to be determined on a project -by -project basis. Page 2 of 4 Rev. 01-31-2013 Job BB0414 City of Fayetteville Water and Sewer Owner shall be responsible for and shall hold harmless the Arkansas State Highway Commission, the Department and their officers and employees from any and all claims, actions, causes of action, suits, damages, losses or liability whatsoever, arising out of Owner's performance of the work subject to this Agreement. Notwithstanding anything hereinbefore written, neither the Owner nor the Department by execution of this Agreement waives or relinquishes any rights which either may legally have within the limits of the Law or Constitution, either State or Federal. City of Fayetteville Water and Sewer JIM 10 A0DIER Name (Typed or Printed) �=�t�� cifIt_iT75 Title 4 I1 J! Slgnatut' -71 (, 018'f-6 � FEDERAL TAXPAYER IDENTIFICATION # Name (Typed or Printed) Title Signature ARKANSAS HIGHWAY COMMISSION Acting By and Through The ARKANSAS STATE HIGHWAY AND TRANSPORTATION DEPARTMENT (For) Dire6to f oVi'g 1`tways & Page 3of4 of Head -Utilities Section 1 BASSETT LAw FIRM LLP ATTORNLrYs AT LAW P.O. Box 3618 FAYETrEVH,LE, ARKANSAS 72702-3618 W.W. "BILL^ BASSETT (1026-20W) WOODY BASStiT TOD 0.BASSETT WM. ROBERT BILL. JR. + WALKER DALE GARRETT+ CURTIS L NEBSEN + EARL BUDDY CHADICK J. DAVID WALL* + (1967.2404) JAMES M. GRAVES'+ SCOTT E.WRAYI SHANNON L FANT' JOEL 1. FARTHING GRAOE K. JOHNSON + Mr. Kit Williams Fayetteville City Attorney City Administration Building 113 W. Mountain Street, Suite 302 Fayetteville, AR 72701 Dear Kit: 221 NORTH COLLEGE AVENUE TELEPHONE (470) 621.9009 FACSIMILE (470) 621 -HW www.basseitlawflrm.com 'ALSO LICENSED IN OKLAHOMA +ALSO LICENSED IN MISSOURI April 5, 2017 Re: City of Fayetteville, Arkansas vs. Drake Street Property, LLC, et al Case No. CV -2016-2151-4 Our client, Neal Pendergraft, is _a longtime resident and citizen of Fayetteville. As you know, John Everett, James Graves and I represent the Pendergraft family in connection with the above - referenced condemnation case filed by the City of Fayetteville against three LLC's owned by Mr. Pendergraft. The real property at issue is located on the east side of the Interstate 49/Garland Avenue/Fulbright Expressway interchange near the ongoing road work being done by the Arkansas Highway Department. You and Blake Pennington are completely familiar with the background and relevant facts of this case. The purpose of this letter is to express our interest in resolving this case as soon as possible and to convey to you and other city officials our settlement demand. You are aware that Mr. Pendergraft recently settled all three condemnation cases involving his property which had been filed by the Arkansas State Highway Commission and we have already provided you and Blake with a file -marked copy of the Consent Judgment in each of those cases. The three cases were settled for an average of $8.06 per square foot for the property taken. That Mr. Kit Williams April 5, 2017 Page 2 number is arrived at by lumping in the damage to the remainder with the value of the property taken. Our settlement demand is simple and straightforward. Mr. Pendergraft has authorized us to offer to settle this case with the City for $8.06 per square foot which is the same average square foot value the Highway Commission paid to resolve its three condemnation cases against the LLC's owned by Mr. Pendergraft. According to our math, the total amount of property being taken by the City of Fayetteville in fee simple title is 108,704 square feet which at $8.06 per square foot totals $876,153. The City has already paid in $500,000 earlier in the case so we are demanding that the City pay the additional sum of $376,153 to our client to fully resolve this matter and conclude the litigation. We are prepared to commence further discovery and get this case ready for trial but our preference is to settle it in the manner outlined above. We trust the City will agree that what we have proposed is fair, reasonable and sensible for all concerned. We will await the City's response to our offer. In the event you have any questions or need additional in formation, please contact either me or John Everett. Sincerely, BAsspfr LAw FiRm LLP Woody assett WB:sg cc: John Everett James Graves Neal Pendergraft i IN THE CIRCUIT COURT OF WASHINGTON COUNTY, ARKANSAS CIVIL DIVISION CITY OF FAYETTEVILLE, ARKANSAS, PLAINTIFF an Arkansas municipal corporation V. Case No. CV -2016-2151-4 DRAKE ST PROPERTY, LLC; 1155 PROPERTIES, LLC; RPMI PROPERTIES-FAYETTEVILLE, LLC A/K/A RPMI PROPERTIES, LLC; AND SIGNATURE BANK OF ARKANSAS DEFENDANTS CONSENT ORDER AND JUDGMENT Upon agreement of the Plaintiff, City of Fayetteville, Arkansas, an Arkansas municipal corporation, and Defendants Drake St Property, LLC; 1155 Properties, LLC; RPMI Properties - Fayetteville, LLC a/k/a RPM Properties, LLC, the Court finds and orders as follows: 1. Plaintiff, City of Fayetteville, is an Arkansas municipal corporation duly -organized under the laws of the State of Arkansas and is a city of the first class situated in Washington County, Arkansas. 2. Defendants, Drake St Property, LLC, 1155 Properties, LLC and RPM Properties - Fayetteville, LLC a/k/a RPMI Properties, LLC are the owners of real property located on the east side of the Interstate 49/Garland Avenue/Fulbright Expressway interchange in the City of Fayetteville, Washington County, Arkansas. 3. Defendant Signature Bank of Arkansas was named as a defendant because of its potential interest in the real property owned by Drake St Property, LLC by virtue of a mortgage filed for record in the Office of the Circuit Clerk and Ex -Officio Recorder for Washington County, Arkansas on June 24, 2013, as Document No, 2013-00021051. Signature Bank was served on November 29, 2016 but has not filed an answer in this action and is in default; however, no relief is sought against Signature Bank, nor is any relief granted. By virtue of the provisions of Ark. Code Ann. § 18-15-301, et seq. Plaintiff is granted the power of eminent domain to enter upon, take and condemn private property for lawful purposes. 5. Jurisdiction and venue lie properly before this Court. 6. The real property sought from the Defendants in this action is required for the relocation, construction, maintenance, repair and/or replacement of water and sewer pipelines and are necessary to allow the State of Arkansas to construct the Interstate 49/Garland Avenue/Fulbright Expressway interchange project in Fayetteville, Arkansas, a lawful public purpose. The City of Fayetteville seeks and Drake St Property, LLC agrees to grant a general utility easement on real property owned by Defendant, Drake St Property, LLC, which is legally described as follows: A part of the SEA of the NE'/4 of Section 33, and a part of the SW'/4 of the NW'/4 of Section 34, all within Township 17 North, Range 30 West, and Washington County, Arkansas: Commencing at the Southwest corner of the- NW'/4 of said Section 34; thence NO2°27'51"E a distance of 1247.42 feet along the West line of said SW'/4 of the NW'/4 of Section 34 to the POINT OF BEGINNING; thence S88°37'16"W a distance of 1.49 feet; thence N78°02'42 --"W a distance of 196.06 feet; thence S79°36'29"W a distance of 80.30 feet; thence S66°16'50"W a distance of 11.28 feet to the West property line as described in File 2013-00021050; thence NO2°30'44"E a distance of 33.44 feet along said West property line to a point on the Easterly right-of-way for Interstate 49 as shown on AHTD plans for Job No. BB0414; thence along said Easterly right-of-way N79°36'29"E a distance of 89.73 feet; thence S78°02'42"E a distance of 198.48 feet; thence N88'37'1 6"E a distance of 209.73 feet to the East line of said property; thence along said East property line S02°27'41"W a distance of 30.16 feet; thence leaving said East property line N81°40'58"W a distance of 0.53 feet; thence S88°37'16"W a distance of 209.20 feet to the POINT OF BEGINNING, containing 14,952 square feet or 0.34 acres, more or less. The City of Fayetteville seeks and 1155 Properties, LLC agrees to grant a general utility easement on real property owned by Defendant, 1155 Properties, LLC, which is legally described as follows: A part of the SW`/4 of the NW'/4 of Section 34, Township 17 North, Range 30 West, Washington County, Arkansas: Commencing at the Southwest corner of the NW'/4 of said Section 34; thence S87°24' 17"E 209.32 feet along the South line of said SW'/4 of the NW`/4 to the West property line as described in File 2004-00000965; thence along said West property line NO2°27'41 "E 1261.87 feet to the POINT OF BEGINNING; thence continuing along said West property line NO2°27'41 "E 30.16 feet to a point on the Easterly right-of-way for Interstate 49 as shown on AHTD plans for Job No. BB0414; thence along said Easterly right-of-way S81°40'58"E 149.89 feet; thence S77°47' 17"E 249.00 feet to the East line of said property; thence along said East property line S02°31'22"W 30.43 feet; thence leaving said East property line N77°47' 17"W 253.10 feet; thence N81 °40' 58"W 145.80 feet to the POINT OF BEGINNING, containing 11,967 square feet or 0.27 acres, more or less. ALSO: A part of the SW'/4 of the NW'/4 of Section 34, Township 17 North, Range 30 West, Washington County, Arkansas: Commencing at the Southwest corner of the NW'/4 of said Section 34; thence S87°24' 17"E a distance of 602.51 feet along the South line of said SW'/4 of the NW'/4 to the West property line as described in File 2004- 00000965; thence along said West property line NO2'3 1'22"E 1205.05 feet to the POINT OF BEGINNING; thence continuing along said West property line N0203 1'22"E 30.43 feet to a point on the Easterly right-of-way for Interstate 49 as shown on AHTD plans for Job No. BB0414; thence along said Easterly right-of- way toe following courses: S77°47' 17"E 8.10 feet, S66°50'23"E 302.08 feet, S87006'30"E 77.97 feet to the East line of said property; thence along said East property line S02°29'38"W 30.00 feet; thence leaving said East property line N87°06'30"W 83.54 feet; thence N66°50'23"W 304.56 feet; thence N77°47' l 7"W 0.11 feet to the POINT OF BEGINNING, containing 11,646 square feet or 0.27 acres, more or less. 9. The City of Fayetteville seeks and RPM1 Properties -Fayetteville, LLC a/k/a RPM1 Properties, LLC agrees to grant a general utility easement on real property owned by Defendant, RPM1 Properties -Fayetteville, LLC a/k/a RPM1 Properties, LLC, which is legally described as follows: A part of the SW '/4 of the NW '/4 and SE'/4 of the NW '/4 and NE '/4 of the NW '/4 of Section 34, Township 17 North, Range 30 West, Washington County, Arkansas. Commencing at the Southwest corner of the NW '/4 of said Section 34; thence S87°24' 17"E a distance of 971.73 feet along the South line of said SW '/4 of the NW '/4 to the West property line as described in File 2013-00000127; thence along said West property line NO2°29'38"E a distance of 1097.61 feet to the POINT OF BEGINNING; thence continuing along said West property line NO2°29'38"E a distance of 30.00 feet to a point on the Easterly right-of-way for Interstate 49 as shown on Arkansas Highway Transportation Department plans for Job No. BB0414; thence along said Easterly right-of-way the following courses: S87°06'30"E a distance of 127.05 feet, N79°28'03"E a distance of 223.05 feet, N72°16'47"E a distance of 102.47 feet, N53°49'31"E a distance of 170.40 feet, N43°18'52"E a distance of 123.92 feet, N51°32'44"E a distance of 273.79 feet, N55°05'30"E a distance of 138.50 feet, N49°44'01"E a distance of 140.32 feet, N39°02'57"E a distance of 211.18 feet; thence leaving said Easterly right of way N38°31'42"E a distance of 243.33 feet; thence N20°15' 19"E a distance of 195.51 feet to said Easterly right of way; thence along said Easterly right-of-way the following courses: N34°35'25"E a distance of 160.58 feet, N43°06'54"E a distance of 89.59 feet to a point on the South line of an existing 25 foot Water & Sewer easement described in Book 1045 Page 115; thence along said South line of an existing 25 foot Water & Sewer easement N69°01'00"E a distance of 68.68 feet; thence leaving said South line of an existing 25 foot Water & Sewer easement S43°06'54"W a distance of 149.13 feet; thence S34°35'25"W a distance of 154.57 feet; thence S20°15'19"W a distance of 196.57 feet; thence S38°31'32"W a distance of 247.05 feet; thence S39°02'57"W a distance of 215.37 feet; thence S49°44'01"W a distance of 144.53 feet; thence S55°05'30"W a distance of 138.98 feet; thence S51°32'44"W a distance of 114.91 feet; thence S45°15'53"W a distance of 45.70 feet; thence 551'32'44"W a distance of 110.00 feet; thence S43°18'52"W a distance of 124.62 feet; thence S53°49'31"W a distance of 179.30 feet; thence S72°16'47"W a distance of 110.04 feet; thence S86°17'59",W a distance of 41.70 feet; thence S79°28'03"W a distance of 187.69 feet; thence N87°06'30"W a distance of 130.37 feet to the POINT OF BEGINNING, containing 70,139 square feet or 1.61 acres, more or less. 10. The real property described in paragraphs 7, 8, and 9 is wholly located within Washington County, Arkansas, and needed by the City of Fayetteville, Arkansas for the relocation of utilities necessary to allow the State of Arkansas to construct the Interstate 49/Garland Avenue/Fulbright Expressway Interchange project. 11. The total amount of property being taken as general utility easements by the City of Fayetteville is 108,704 square feet. The parties agree that the value of the property being taken is $8.06 per square foot and the total value of the property being taken by the City is $876,153.00. 12. The total amount of $500,000 was previously deposited into the Registry of the Court for the payment of estimated just compensation pursuant to an order of the Circuit Court on November 15, 2016, so that the Plaintiff could enter upon and take possession of the lands described above for its utility relocation project. 13. Therefore, Plaintiff is ordered to deposit the additional sum of $376,153.00 in the registry of the Court within fourteen days of the entry of this order. 14. The Clerk of the Court is hereby ordered and directed to disburse the additional funds deposited in this case, in full and final satisfaction of this Judgment, to the Defendant property owners in care of their attorney, John Everett, at Everett, Wales & Comstock, 1944 E. Joyce Boulevard, Fayetteville, Arkansas 72703-5162. 15. It is further ordered that the Properties shall execute general utility easement deeds for the lands described in paragraphs 7, 8 and 9 above in favor of the Plaintiff, City of Fayetteville within fourteen days of the City's payment to the registry of the Court. IT IS SO ORDERED. HONORABLE DOUG MARTIN CIRCUIT JUDGE DATE: APPROVED AS TO FORM AND SUBSTANCE: Kit Williams Fayetteville City Attorney 113 W. Mountain St., Suite 302 Fayetteville, Arkansas 72704 i� _66e;2!� - Woody Bass tt Attorney for 1155 Properties, LLC, Drake St Property, LLC, and RPM Properties, LLC P.O. Box 3618 Fayetteville, Arkansas 72702 IN THE CIRCUIT COURT OF WASHINGTON COUNTY, ARKANSAS CIVIL DIVISION CITY OF FAYETTEVILLE, ARKANSAS, PLAINTIFF an Arkansas municipal corporation V. Case No. CV -2016-2151-4 DRAKE ST PROPERTY, LLC; 1155 PROPERTIES, LLC; RPM1 PROPERTIES-FAYETTEVILLE, LLC A/K/A RPM1 PROPERTIES, LLC; AND SIGNATURE BANK OF ARKANSAS DEFENDANTS SETTLEMENT AGREEMENT as r WHEREAS, the Plaintiff, City of Fayetteville, Arkansas, an Arkansas municipal corporation, filed suit in this matter seeking condemnation of certain private property owned by Defendants Drake St Property, LLC; 1155 Properties, LLC; RPM1 Properties -Fayetteville, LLC a/k/a RPM1 Properties, LLC (hereinafter "Properties"); and WHEREAS, the purpose of the taking is for the relocation, construction, maintenance, repair and/or replacement of water and sewer pipelines which were necessary to allow the State of Arkansas to move forward with construction of the Interstate 49/Garland Avenue/Fulbright Expressway interchange project in Fayetteville, Arkansas, a lawful public purpose. NOW, THEREFORE, in consideration of the mutual promises and covenants contained in this Settlement Agreement and other good and valuable consideration, the Parties do hereby expressly agree as follows: Page 1 of 5 The City and Defendant Properties agree to submit a consent order and judgment to the Court confirming the details of this settlement agreement. 2. Defendant, Drake St Property, LLC shall execute the General Utility Easement deed attached hereto as Exhibit A conveying the interest set forth therein to the City of Fayetteville to certain property legally described as follows: A part of the SE'/4 of the NE'/4 of Section 33, and a part of the SW %4 of the NW'/4 of Section 34, all within Township 17 North, Range 30 West, and Washington County, Arkansas: Commencing at the Southwest corner of the NW'/4 of said Section 34; thence NO2'27'5 I "E a distance of 1247.42 feet along the West line of said SW'/4 of the NW'/4 of Section 34 to the POINT OF BEGINNING; thence S88°37'16"W a distance of 1.49 feet; thence N78°02'42"W -a distance of 196.06 feet; thence S79°36'29"W a distance of 80.30 feet; thence S66°16'50"W a distance of 11.28 feet to the West property line as described in File 2013-00021050; thence NO2°30'44"E a distance of 33.44 feet along said West property line to a point on the Easterly right-of-way for Interstate 49 as shown on AHTD plans for Job No. B130414; thence along said Easterly right-of-way N79°36'29"E a distance of 89.73 feet; thence S78°02'42"E a distance of 198.48 feet; thence N88°37' 16"E a distance of 209.73 feet to the East line of said property; thence along said East property line S02°27'41 "W a distance- of 30.16 feet; thence leaving said East property line N81 °40'58"W a distance of 0.53 feet; thence S88°37' 16"W a distance of 209.20 feet to the POINT OF BEGINNING, containing 14,952 square feet or 0.34 acres, more or less. 3. Defendant, 1155 Properties, LLC shall execute the General Utility Easement deed attached hereto as Exhibit B conveying the interest set forth therein to the City of Fayetteville to certain property legally described as follows: A part of the SW'/4 of the NW'/4 of Section 34, Township 17 North, Range 30 West, Washington County, Arkansas: Commencing at the Southwest corner of the NW'/4 of said Section 34; thence S87°24' 17"E 209.32 feet along the South line of said SW'/4 of the NW'/4 to the West property line as described in File 2004-00000965; thence along said West property line NO2°27'41 "E 1261.87 feet to the POINT OF BEGINNING; thence continuing along said West property line NO2°27'41 "E 30.16 feet to a point on the Easterly right-of-way for Interstate 49 as shown on AHTD plans for Job No. B130414; thence along said Easterly right-of-way S81°40'58"E 149.89 feet; thence S77°47' 17"E 249.00 feet to the East line of said property; thence along said East property line S02°31'22"W 30.43 feet; thence leaving said East property line N77°47' 17"W 253.10 feet; thence N81°40'58"W 145.80 feet to the POINT OF BEGINNING, containing 11,967 square feet or 0.27 acres, more or less. ALSO: Page 2 of 5 4 A part of the SW'/4 of the NW'/4 of Section 34, Township 17 North, Range 30 West, Washington County, Arkansas: Commencing at the Southwest corner of the NW'/ of said Section 34; thence S87"24' 17"E a distance of 602.51 feet along the South line of said S W f4 of the NW'/4 to the West property line as described in File 2004-00000965; thence along said West property line NO2'3 1'22"E 1205.05 feet to the POINT OF BEGINNING; thence continuing along said West property line NO2'3 1'22"E' 30.43 feet to a point on the Easterly right-of-way for Interstate 49 as shown on AHTD plans for Job No. BB0414; thence along said Easterly right-of-way the following courses: S7704711711E 8.10 feet, S66050123"E 302.08 feet, S8700613011E 77.97 feet to the East line of said property; thence along said East property line S02°29'38"W 30.00 feet; thence leaving said East property line N87°06'30"W 83.54 feet; thence N66°50'23"W 304.56 feet; thence N77°47'17"W 0.11 feet to the POINT OF BEGINNING, containing 11,646 square feet or 0.27 acres, more or less. 4. Defendant, RPM1 Properties -Fayetteville, LLC a/k/a RPM1 Properties, LLC shall execute the General Utility Easement deed attached hereto as Exhibit C conveying the interest set forth therein to the City of Fayetteville to certain property legally described as follows: Apart of the SW'/4 of the NW'/4 and SE'/4 of the NW'/4 and NE '/4 of the NW'/4 of Section 34, Township 17 North, Range 30 West, Washington County, Arkansas. Commencing at the Southwest corner of the NW % of said Section 34; thence S87°24' 17"E a distance of 971.73 feet along the South line of said SW '/4 of the NW 1/ to the West property line as described in File 2013-00000127; thence along said West property line NO2°29'38"E a distance of 1097.61 feet to the POINT OF BEGINNING; thence continuing along said West property line NO2°29'38"E a distance of 30.00 feet to a point on the Easterly right- of-way for Interstate 49 as shown on Arkansas Highway Transportation Department plans for Job No. BB0414; thence along said Easterly right-of-way the following courses: S87°06'30"E a distance of 127.05 feet, N79°28'03"E a distance of 223.05 feet, N72°16'47"E a distance of 102.47 feet, N53°49'31"E a distance of 170.40 feet, N43°18'52"E a distance of 123.92 feet, N51°32'44"E a distance of 273.79 feet, N55°05'30"E a distance of 138.50- feet, N49°44'01"E a distance of 140.32 feet, N39°02'57"E a distance of 211.18 feet; thence leaving said Easterly right of way N38°31'42"E a distance of 243.33 feet; thence N20°15' 19"E a distance of 195.51 feet to said Easterly right of way; thence along said Easterly right-of-way the following courses: N34135'25" E a distance of 160.58 feet, N43°06'54"E a distance of 89.59 feet to a point on the South line of an existing 25 foot Water & Sewer easement described in Book 1045 Page 115; thence along said South line of an existing 25 foot Water & Sewer easement N69°01'00"E a distance of 68.68 feet; thence leaving said South line of an existing 25 foot Water & Sewer easement S43°06'54"W a distance of 149.13 feet; thence S34°35'25"W a distance of 154.57 feet; thence S20°15'19"W a distance of 196.57 feet; thence S38°31'32"W a distance of 247.05 feet; thence S39°02'57"W a distance of 215.37 feet; thence S49°44'01"W a distance of 144.53 feet; thence S55°05'30"W a distance of 138.98 feet; thence S51°32'44"W a distance of 114.91 feet; thence S45°15'53"W a distance of 45.70 feet; thence S51°32'44"W a distance of 110.00 feet; thence S43°18'52"W a distance of 124.62 feet; thence S53°49'31"W a distance of 179.30 feet; thence S72°16'47"W a distance of 110.04 feet; thence S86°17'59"W a distance of 41.70 feet; thence Page 3 of 5 4 S79°28'03"W a distance of 187.69 feet; thence N87°06'30"W a distance of 130.37 feet to the POINT OF BEGINNING, containing 70,139 square feet or 1.61 acres, more or less. 5. The total amount of property being taken as general utility easements by the City of Fayetteville pursuant to this Settlement Agreement is 108,704 square feet. The parties agree that the value of the property being taken is $8.06 per square foot and the total value of the property being taken by the City is $876,153.00. 6. The total amount of $500,000.00 was previously deposited into the Registry of the Court for the payment of estimated just compensation pursuant to an order of the Court on November 15, 2016. 7. The City of Fayetteville agrees to deposit the additional sum of $376,153.00 in the registry of the Court for disbursement to the Properties within fourteen days of the entry of the consent order. 8. The parties agree to present a Consent Order and Judgment to the Court confirming the terms of this agreement agree to forever release, acquit and discharge each other, their successors and assigns, from any and all possible actions, suits, damages, and liabilities of any kind or nature related to the acquisition of these general utility easements and the construction of the mains or -other authorized facilities, as well as any attorney fees, costs, penalties or claims that the parties to this agreement may have. 9. The Properties agree to execute and deliver to the City the General Utility Easement deeds attached hereto within fourteen days of the City's deposit of the additional funds in the registry of the Court. The City agrees to pay the cost to record the deeds. 10. The parties expressly represent and warrant that the person signing this Settlement Agreement on behalf of that party has the authority and is legally empowered to sign this agreement and bind that party to the terms herein. Page 4 of 5 IN AGREEMENT WITH ALL THE TERMS AND CONDITIONS ABOVE, we sign below: DRAKE ST PROPERTY, LLC 1155 PROPERTIES, LLC; AND RPM1 PROPERTIES-FAYETTEVILLE, LLC A/K/A RPM1 PROPERTIES, LLC NEAL PENDERGRAFT Authorized Member Date: APQ L 1 ,PI CITY OF FAYETTEVILLE, ARKANSAS Date: Math ATTEST: SONDRA SMITH, City Clerk -Treasurer Page 5 of 5 �%%%II I II?/qtt se ; FAYETTEVILLE;�� co 'a. AHTD BB0414-W/S Relocation Parcel No, 765-15840-000 & 765-15889-000 GENERAL UTILITY EASEMENT BE IT KNOWN BY THESE PRESENTS: THAT Drake ST Property, LLC, an Arkansas limited liability company, hereinafter called GRANTOR, for and in consideration of the sum of One Hundred Twenty Thousand Five Hundred Thirteen Dollars ($120,513.00) and other good and valuable consideration, the receipt of which is hereby acknowledged, does hereby GRANT, SELL and CONVEY unto the City of Fayetteville, Arkansas, a municipal corporation, hereinafter called GRANTEE, and unto Grantee's successors and assigns, a permanent easement for the purpose of construction, maintenance, repair and/or replacement, enlargement and operations of roadway, drainage, sidewalks, and general utilities including water and/or sanitary sewer pipe line or lines, manholes, natural gas, electrical power, telephone, fiber optic cable(s) and television communication line or lines, and appurtenances thereto, on over, across, and under the following described land situated in the County of Washington, State of Arkansas, to -Wit: PROPERTY DESCRIPTION: Deed Ref: 2013-00021050 Part of the East half of the Northeast Quarter of Section 33 and a part of the West half of the Northwest Quarter of Section 34, all in Township 17 North, Range 30 West, Washington County, Arkansas, being more particularly described as follows, to -wit: beginning at an existing rebar on the North right of way of Arkansas HWY *180 which is S89°56'45"E 209.48' and N00002°53"W 36.49' from the Southwest comer of the Northwest Quarter of said Section 34 and running thence along said right of wayy the following: N89°48'32"'W 382.99', N61°20'32"W '1'18.80 N39°12'43'W 10 05', thence leaving said right of way North 1252.08' to the Southern right of way of Interstate 540, thence along said Southern right of way N65°33'03 E 111.21', thence continuing along said right of way N66045'20"E 425.61 , thence leaving said right of way 500°02'53"E-1532.12' to the point of beginning, containing 16.05 acres, more or less. Subject to all easements and rights of way of record. LESS AND EXCEPT: Part of the East Half of the Northeast Quarter of Section 33 and part of the West Half of the Northwest Quarter of Section 34, Township 17 North, Range 30 West, Washington County, Arkansas, more particularly described as follows: Commencing at a Half Inch Rebar found at the Quarter Comer of said Sections 33 and 34; thence North 02°27'51" East along the East Line of said Section 33 a distance of 1277.49 feet to a point on the Southern Right of Way of Interstate 49 as establishedby AHTD Job BB0414 for the POINT OF BEGINNING; thence North 78°02'42 "'West along said right of way line a distance of 198.48 feet to a point: thence South 79°36'29" West along said right of way line a distance of 89.73 feet to a point on the East line of Lot 6, Block 1, North Point Subdivision; thence North 02'30'44" East along said East line a distance of 65.79 feet to a point on the Southern Right of Way of Interstate 49 as established by AHTD Job 9447; thence North 68004'33" East along said right of way line a distance of 91.70 feet to a point; thence North 69021'14" East along said right of way line a distance of 444.60 feet to a point; thence South 02°27'41" West a distance of 276.86 feet to a point on the Southern Right of Way of Interstate 49 as established by AHTD Job B80414; .thence South 88037'16" West along said right of way line a distance of 209,73 feet to the POINT OF BEGINNING and containing 1.95 acres (84,765 sq. ft.) more of less as shown on AHTD plans referenced as Job BB0414. PERMANENT EASEMENT DESCRIPTION: A 30 -foot easement South of and adjacent to the Easterly right-of-waiy for Interstate 49 as shown on Arkansas Highway Transportation Department plans for Jab No. BB0414. Being more particularly described as follows: A part of the SEY. of the NE% of Section 33, and a part of the SW% of the NWYa of Section 34, all within Township 17 North, Range 30 West, and Washinggton County, Arkansas: Commencing at the Southwest corner of the NW % of said Section 34; thence NO2°27'51"E a distance of 1247.42 feet along the West line of said SWX of the NW% of Section 34 to the POiNT OF BEGINNING; thence 588037'16"W a distance of 1.49 feet; thence N78°02'42"W a distance of 196.06 feet; thence S79036'29"W a distance of 80.30 feet; thence S66016'50"W a distance of 11.28 feet to the West property line as described in Fite 2013-00021050; thence NO2°30'44"E a distance of 33.44 feet along said West property line to a point on the Easterly right-of-way for Interstate 49 as shown on AHTD pians for Job No. BB0414; thence along said Easterly right-of-way N79036°29"E a distance of 89.73 feat; thence S78°02'42"E a distance of 198.48 feet; thence N88°37'16"E a distance of 209.73 feet to the East line of said property; thence along said East property line 302'27'41"W a distance of 30.16 feet; thence leaving said East propertyy line N61 "411'58"W a distance of 0,53 feet; thence S88°37'16"W a distance of 209.20 feet to the POINT OF BEGINNING, containing 14,952 square feet or 0.34 acres, more or less. Together with the rights, easements, and privileges in or to said lands which may be required for the full enjoyment of the rights herein granted. ECNI [T GENERAL UTILITY EASEMENT Page 2 of 2 TO HAVE AND TO HOLD unto said Grantee, its successors and assigns, until the use of said permanent easement is relinquished, abandoned or vacated and so long as such pipe line or lines, electrical power, telephone and/or television lines or cables, manholes and/or appurtenances thereto shall be maintained, together with. free ingress to and egress from the real estate first herein above described for the uses and purposes herein above set forth. The said Grantor is to fully use and enjoy the said premises except for the purposes hereinbefore granted to the said Grantee, which hereby agrees to bury all pipes, lines andlor cables where feasible, to a sufficient depth so as not to interfere with cultivation of soil, and that manholes will be constructed flush with the surface of the ground except in bottom lands where they shall be at a height above water. The Grantor agrees no to erect any buildings or structures in said permanent easement. The Grantee shall have the right to construct additional pipe lines„ electric power lines, telephone and/or television lines or cables upon the above described easement at any time in the future and agrees to pay any damages as a result of such future construction as set out in this easement. The consideration first above recited as being paid to Grantor by Grantee is in full satisfaction of every right hereby granted. All covenants and agreements herein contained shall extend to and be binding upon the respective heirs, legal representatives, successors and assigns of the parties hereto. It is hereby understood and agreed that the party securing this document in behalf of the Grantee is without authority to make any covenant or agreement not herein expressed. WITNESS the execution hereof on this the 11,3> day of l?Vcl_ 2017. ATTEST: vN nk, ff [Please print r type Name and Title) STATE OF ARKANSAS COUNTY OF WASHINGTON Drake ST Property, LLC, an Arkansas limited liability company [Please print or type Name and Title]` 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 appearedti��ltland Wcaal t<rrnewei known as the persons who executed the foregoing document, and w—s stated and acknowledged that they are the m c and I�w respectively, of Drake ST Property, LLC, an Arkansas limited liability 0mEnyft, and are duly author ed in their respective capacitles to execute the foregoing instrument for and in the name and blf osaid corporat:on, and further stated and acknowiedged that they had so signed, executed and delivered said instrumfor he consideration, uses and purposes therein mentioned and set forth. WITNESS my hand and seal on this day of� Pti� 2017- 1 My 017.1 MY COMMISSION EKPI MARY M.FORREST MY COMMISSION # 12693234 ref •`� EXPIRES: January 10, 2026 l/ l Washington Caunry Notary Publi AHTD BB0414-W/5 Relocation Parcel No. 765-15908-000 GENERAL UTILITY EASEMENT BE IT KNOWN BY THESE PRESENTS: THAT 1155 Properties, LLC, an Arkansas limited liabilicompany, hereinafter called GRANTOR, for and in consideration of the sum of Hundred Ninety Thousand Three Hundred Twenty Dollars (5190,320.00) and other good and valuable consideration, the receipt of which is hereby acknowledged, does hereby GRANT, SELL and CONVEY unto the City of Fayetteville, Arkansas, a municipal corporation, hereinafter called GRANTEE, and unto Grantee's successors and assigns, a permanent easement for the purpose of construction, maintenance, repair and/or replacement, enlargement and operations of roadway, drainage, sidewalks, and general utilities including water and/or sanitary sewer pipe line or lines, manholes, natural gas, electrical power, telephone, fiber optic cable(s) and television communication line or lines, and appurtenances thereto, on over, across, and under the following described land situated in the County of Washington, State of Arkansas, to -wit: PROPERTY DESCRIPTION: Deed Ref: 2004-00000965 A part of Section 34, T -17-N, R -30-W, Washington County, Arkansas, being more particularly described as follows: Beginning at a joint on the North Righl-of-Way of State Highway No. 180, said point being 620.80 feet East of the West line of said Section 34 and running thence North 1,695.00 feet to the South Right -of -Way of US Highway No. 71 By-pass; thence S65*59'00"W along said Right -of -Way 446.90 feet; thence South 1,523.00 feet to the North Right -of -Way of State Highway No. 180; thence East along said Right -of -Way 411.33 feet to the point ofbeginniin , containing 1519 acres, more or less. LESS AND EXCEPT: A part of the NWA of the NW!/4of Section 34, T -17-N, R- 30 -W, Washington County, Arkansas, more particularly described as follows; Starting at the NW comer of the NW% of the NW'f, of Section 34; thence N88°34'00"E along the north line 964.00 feet to a point; thence S01 007'00"E 769.70 feet to a ,point on the Southeasterly existing Right -of -Way line of U.S. Highway No. 71 By-pass, thence S65°51'00"W along said existing Right -of -Way fine 201.50 feet to the ,point of beginning; thence S01 °05'00"E 106.20 feet to a point on the Southeasterly proposed Right -of -Way line of relocated U.S. Highway No. 71; thence S89 08`00 W along said proposed Right -of -Way line 171.80 feet to a paint; thence S76" 55'00"W along said Right -of - Way line a distance of 152.90 feet to a point on the Southeasterly existing Right -of -Way line of U.S. Highway No. 71 By-pass; thence N65°48'00"E 298.20 feet to the paint of beginning, containing 0.33 acres, more or less. Subject to easements and rights of way of record, if any, ALSO; A part of Section 34, T -17-N, R -30-W, Washington County, Arkansas, being more particularly described as follows: Beginning at a point on the North Right -of -Way of State Highway No. 180, said point being 990.00 feet East of the West line of said Section 34 and running thence North 1,850.00 feet to the South Right -of -Way of US Highway No. 71 By-pass; thence S65°59'00"W along said Right -of -Way 401.14 feet; thence South 1,695.00 feet to the North Right -of -Way of State Highway No. 180; thence East along said Right -of -Way 369.20 feet to the point of beginning, containing 15.02 acres, more or less. LESS AND EXCEPT: A part of the NWY, of the NW% of Section 34, T -17-N, R- 30 -W, Washington County, Arkansas, more particularly described as (allows: Starting at the NW corner of the NW% of the NW%, of Section 34; thence N88"34'00"E along the North line 964.00 feet to a point; thence 501°07'00"E 769.70 feet to a point on the Southeasterly existing Right -of -Way line of U.S. Highway No. 71 By-pass for the point of beginning; thence S01 °07'00"E 264.70 feet to a point on the Southeasterly proposed Right -of -Way line of relocated U.S. Highway No. 71; thence S89°08'00"W along said proposed Right -of -Way Iine 368.40 feet to apoint: thence N010050OW 106.20 feet to a point on the Southeasterly Right of Way line of US Highway No. 71 By -Pass; thence N65'47'00"E alone said Right -of -Way gine 201.50 feet to a point; thence N65°51'00"E 198.80 feet to the point of beginning, containing 1.57 acres, more or less. Subject to easements and rights of way of record, if any, LESS AND EXCEPT: Part of the West Half of the Northwest Quarter of Section 34, Township 17 North, Range 30 West, Washington County, Arkansas, more particularly described as follows: Commencing at a Half Inch Rebar found at the Quarter Corner of Sections 33 and 34; thence North 02°27'51" East along the West line of Section 34 a distance of 1479,12 feet to a point on the Southern Right of Way of Interstate 49 as established by AHTD Job 9447; thence North 69°21'14" East along said right of way line a distance of 227.50 feet to the POINT OF BEGiNNING; thence continue North 69"2114" East along said fight of way line a distance of 79.97 feet to a point on the Southern Rigght of Way of Interstate 49 as established by AHTD Job 1534 Section 1; thence North 80°30'22"' East along said ricgiint of way line a distance of 152.85 feet to a point; thence South 87016'41" East along said right of way line a distance of 540,24 feet to a point; thence South 02°29'38" West a distance of 503,64 feet to a point on the Southern Right of Way of Interstate 49 as established by AHTD Job BB0414; thence North 87006'30" West along said right of way line a distance of 77.97 feet to a point; thence North 66°50'23" West along said right of way line a distance of 30,08 feet to a point; thence North 77°47'17" West along said right of way line a distance of 257.10 feet to a point; thence North 81 40'58 "West along said right of way line a distance of 149.89 feet to a point; thence North 02°27'41" East a distance of 276.86 feet to the POINT OF BEGINNING and containin7.07 acres (308,105 sq. ft.) more of less as shown on AHTD plans referenced as Job BB0414. EXHIBIT GENERAL UTILITY EASEMENT Page 2 of 3 PERMANENT EASEMENT DESCRIPTION: A 30 foot easement South of and adjacent to the Easterly right-of-way for Interstate 49 as shown on AHTD plans for Job No. BB0414, Being more ,particularly described as follows: A part of the SWY4 of the NWY4 of Section 34, Township 17 North, Flange 30 West, Washington County, Arkansas: Commencing at the Southwest corner of the NWY4 of said Section 34; thence S87°24'17"E 209.32 feet along the South line of said SWV4 of the NWY4 to the West property fine as described in File 2004-00000965; thence along said West property line NO2°27'41"E 1281.87 feet to the POINT OF BEGINNING; thence continuing along said West property line N02027'41 "E 30.16 feet to a point on the Easterly right-of-way for Interstate 49 as shown on AHTD plans for Job No. BB0414; thence along said Easterly right-of-way S81 *40'58' 1=149.89 feet; thence S77°47' 17"E 249.00 feet to the East line of said property; thence along said East property line S02°31'22"W 30.43 feet; thence leaving said East property line N77047'1 7"W 253 10 feet; thence N81 °40'58"W 145.80 feet to the POINT OF BEGINNING, containing 11,967 square feet or 0.27 acres, more or less. ALSO: A 30 foot easement South of and adjacent to the Easterly right-of-way for Interstate 49 as shown on AHTD plans for Job No. 880414, Being more particularly described as follows: A pari of the SW`/, of the NW% of Section 34, Township 17 North, Range 30 West, Washington County, Arkansas: Commencing at the Southwest corner of the NWY4 of said Section 34; thence 587°24'17"E a distance of 602.51 feet along the South line of said SW% of the NW% to the West property line as described in File 2004-00000965; thence along said West property line NO2031'22"E 1205.05 feet to the POINT OF BEGINNING; thence continuing along said West property line NO2031'22"E 30.43 feet to a point on the Easterly right-of-way for Interstate 49 as shown on AHTD plans for Job No. BB0414; thence along said Easterly right-of-way the following courses: 577047'17"E 8.10 feet, S66050'23'E 302.08 feet, S87°06'30"E 77.97 feet to the East line*of said property; thence along said East property line 502°29'38"W 30.00 feet; thence leaving said East property line N87°06'30"W 83.54 feet; thence N66*50'23"W 304.56 feet; thence N77447'17"W 0.11 feet to the POINT OF BEGINNING, containing 11,646 square feet or 0.27 acres, more or less. Togetherwith the rights, easements, and privileges in or to said lands which may be required for the full enjoyment of the rights herein granted. TO HAVE AND TO HOLD unto said Grantee, its successors and assigns, until the use of said permanent easement is relinquished, abandoned or vacated and so long as such pipe line or lines, electrical power, telephone and/or television lines or cables, manholes and/or appurtenances thereto shall be maintained, together with free ingress to and egress from the real estate first herein above described for the uses and purposes herein above set forth. The said Grantor is to fully use and enjoy the said ,premises except for the purposes hereinbefore granted to the said Grantee, which hereby agrees to bury all pipes, lines and/or cables where feasible, to a sufficient depth so as not to interfere with cultivation of soil, and that manholes will be constructed flush with the surface of the ground except in bottom lands where they shall be at a height above water. The Grantor agrees no to erect any buildings or structures in said permanent easement. The Grantee shall have the right to construct additional pipe lines, electric power lines, telephone and/or television lines or cables upon the above described easement at any time in the future and agrees to pay any damages as a result of such future construction as set out in this easement. . The consideration first above recited as being paid to Grantor by Grantee is in full satisfaction of every right hereby granted. All covenants and agreements herein contained shall extend to and be binding upon the respective heirs, legal representatives, successors and assigns of the parties hereto. It is hereby understood and agreed that the party securing this document in behalf of the Grantee is without authority to make any covenant or agreement not herein expressed. WITNESS the execution hereof on this the 13 day of /. aA L 2017. GENERAL UTILITY EASEMENT Page 3 of 3 1155 Properties, LLC, an Arkansas limited liability company BY: '++� w.4vz [Please print or type Name and Title] ATTEST: frl/ +t �J ►� h )eJ LL- L [Please print br type Name and Title] 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 N4AA •vat a ,trirnewel known as the persons who executed the foregoing document, and who stated and acknowled ed that they are the 4 ,,L- and 0toxjL , respectively, of 1155 Properties, LLC, an Arkansas limited Viability bompany, and are duly au horized 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 13� day of , 2017. MY COMMISSION EXPI 4,"t?r' •. MARY M. FORREST My COMMISSION # 12693233 '' 9XPIRES: January 10.202& M�Gr.r; f ° 1 � L '-? . ;_'' ` Washington County Notary NOW AHTD BB0414-W/S Relocation Parcel No. 765-15887-000 EXHIBIT GENERAL UTILITY EASEMENT BE IT KNOWN BY THESE PRESENTS: THAT RPM1 Properties, LLC, an Arkansas limited liability company, hereinafter called GRANTOR, for and in consideration of the sum of Five Hundred Sixty -Five Thousand Three Hundred Twenty Dollars ($565,320.00) and other good and valuable consideration, the receipt of which is hereby acknowledged, does hereby GRANT, SELL and CONVEY unto the City of Fayetteville, Arkansas, a municipal corporation, hereinafter called GRANTEE, and unto Grantee's successors and assigns, a permanent easement for the purpose of construction, maintenance, repair and/or replacement, enlargement and operations of roadway, drainage, sidewalks, and general utilities including water and/or sanitary sewer pi e line or lines, manholes, natural gas, electrical power, telephone, fiber optic cable(s) and television communication line or lines, and appurtenances thereto, on over, across, and under the following described land situated in the County of Washington, State of Arkansas, to -wit: PROPERTY DESCRIPTION: Deed Ref: 2013-00000127 Part of the Northwest Quarter (NW%) of Section Thirty-four (34), Township Seventeen (17) North, Range Thirty (30) West, Washington County, Arkansas, described as follows, to -wit: Beginning at the Southeast corner of the said Northwest Quarter (NWland running thence N00 Degrees 05'21 "W 2565.78 feet to the South line of the Arkansas State Highway Commission Right of Way; thence along said Right of Way line S66 Degrees 33'41"W 145.31 feet, S45 Degrees 02'15"W 107.74 feet, S27 Degrees 28'44" W 517.93 feet, S43 Degrees 37'19" W 163.19 feet, S54 Degrees 22'36"W 256,17 feet, S79 Degrees 47'51 "W 358.46 feet, S82 Degrees 53'50"W 364.0 feet, S89 Degrees 53'44"W 167.44 feet; thence leaving said Right of way line and running S00 Degrees 00'01'"E 15138.21 feet; thence S89 Degrees 39'28"E 466.92 feet; thence N01 Degree 30'39"E 431.40 feet; thence N87 Degrees 37'53"E 383.01 feet; thence S01 Degree 58'26"E 450.30 feet; thence S89 Degrees 47'21 "E 778.31 feet to the point of beginning, and beim subject to easements and rights of way of record. LESS AND EXCEPT: Part of the Northwest Quarter of Section 34, Township 17 North, Range 30 West, Washington County, Arkansas, more particularly described as follows: Commencing at a Half Inch Rebar found at the Quarter Corner of Sections 33 & 34: thence South 87°24'17" East along the South line of the Northwest Quarter of Section 34 a distance of 1317.66 feet'to a point being used as the Center West Sixteenth Corner of said Section 34; thence North 02025'01" East along the East line of the Southwest Quarter of the said Northwest Quarter a distance of 1,177.62 feet to aoint on the Southern Rigght of Way of Interstate 49 as established by AHTD Job 880414 and the POINT OF BEGINNING; thence South 79°28'03" West along said right of way linea distance of 223.05 feet to a point; thence North 87*06`30"`West along said right of way line a distance of 127.05 feet to a point; thence North 02029'38" East a distance of 503.64 feet to a point on the Southern Right of Way of Interstate 49 as established by AHTD .fob 1534 Section 1; thence South 87 1641" East along said right of way line a distance of 167.50 feet to a ,point; thence North 85021'44" East along said right of way line a distance of 364.01 feet to a point; thence North 82'17'31" East along said right of way line a distance of 359.03 feet to a point; thence North 57°00'34" East along said right of way line a distance of 255.98 feet to a point; thence North 45059'17" East along said right of way line a distance of 163.48 feet to ant; thence North 29°53'39' East along said right of way line a distance of 518.56 feet to a oint; thence North 47°36'56" East along said right of way line a distance of 107.70 feet to a point; thence North 69°80'43" East along said right of way line a distance of 71 .89 feet to a point on,the Southern Right of Way of interstate 49 as established by AHTD Job BB0414; thence South 43°06'54" West atong said right of way line a distance of 146.83 feet to a point; thence South 34035'25" West along said right of way line a distance of 160.58 feel to a point; thence South 27°04"56" West along said right of way line a distance of 219.23 feet to a point; thence South 33 46316" West along said right of way line a distance of 214.85 feet to a point; thence South 39002'57" West along said right of way line a distance of 211.18 feet to apoint; thence South 49044'01" 'West along said right of way fine a distance of 140.32 feet to a point; thence South 55 05'30" West along said right of way line a distance of 138.50 feet to a Point; thence South 51032'44" West along said right of way line a distance of 273.79 feet to a point; thence South 43 18'52" West along said right of way line a distance of 123,92 feet to a point; thence South 53°49'31" West along said right of way line a distance of 170.40 feet to a point; thence South 72°16'47" West along said right of way line a distance of 102.47 feet to the POINT OF BEGINNING and containing 9.21 acres (401,067 sq, ft.) more or less as shown on AHTD plans referenced as Job BB0414. PERMANENT EASEMENT DESCRIPTION: A 30 -foot easement South and East of and adjacent to the Easterly right-of-way for Interstate 49 as shown on Arkansas Highwayy Transportation Department plans for ,lob No. B80414. Being more ,particularly described as follows: A part of the SW%4 of the NW YA and SE'/A of the. NW % and NE % of the NW %, of Section 34, Township 17 North, Range 30 West, Washington County, Arkansas. Commencing at the Southwest corner of the NW M of said Section 34; thence S87°24'17"E a distance of 971.73 feet along the South line of said SW %. of the NW Y to the West property line as described in File 2013-00000127; thence along said West property line NO2°29'38"E a distance of 1097.61 feet to the POINT OF BEGINNING; thence continuing along said West property fine NO2029'38"E a GENERAL UTILITY EASEMENT Page 2 of 3 distance of 30.00 feet to a point on the Easterly right-of-way for Interstate 49 as shown on Arkansas Highway Transportation Department plans for Job No. 880414; thence along said Easterly right-of-wayy the following courses: S87°06`30'"E a distance of 127.05 feet, N79°28'03"E a distance of 223,05 feet, N72°16'47"E a distance of 102.47 feet, N53'49'31"E a distance of 170.40 feet, N43018'52"E a distance of 123.92 feet, N51°32'44"E a distance of 273.79 feet, N55005'30"E a distance of 138.50 feet, N49'44'01 "E a distance of 140.32 feet, N39002'57"E a distance of 211.18 feet; thence leaving said Easterly right of way N38'31'42"E a distance of 243.33 feet; thence N20015'19"E a distance of 195.51 feet to said Easterly right of way; thence along said Easterly right-of-way the following courses: N34°35'25"E a distance of 160.58 feet, N43006'54"E a distance of 89.59 feet to a paint on the South line of an existing 25 foot Water & Sewer easement described in Book 1045 Page 115; thence along said South line of an existing 25 foot Water & Sewer easement N69001'00"E a distance of 68.68 feet; thence leaving said South line of an existing 25 foot Water & Sewer easement S43006'54"VII a distance of 149.13 feet; thence S34°35'25"W a distance of 154.57 feet; thence S20015'19"W a distance of 196.57 feet; thence S38°31'32"W a distance of 247.05 feet; thence S39°02'57"W a distance of 215.37 feet; thence S49°44'01 "W a distance of 144.53 feet; thence S55005'30"W a distance of 138.98 feet; thence S51032'44"W a distance of 114.91 feet; thence S45°15'53"W a distance of 45.70 feet; thence S51 °32'44"W a distance of 110.00 feet; thence S43°18'52"W a distance of 124.62 feet; thence S53°49'31"W a distance of 179.30 feet; thence S72°16'47"W a distance of 110.04 feet; thence S86°17'59"W a distance of 41.70 feet; thence S79028'03"W a distance of 187.69 feet; thence N87°06'30"W a distance of 130.37 feet to the POINT OF BEGINNING, containing 70,139 square feet or 1.61 acres, more or less. Together with the rights, easements, and privileges in or to said lands which may be required for the full enjoyment of the rights herein granted. TO HAVE AN Q TO HOLD unto said Grantee, its successors and assigns, until the use of said permanent easement is relinquished, abandoned or vacated and so long as such pipe line or lines, electrical power, telephone and/or television lines or cables, manholes and/or appurtenances thereto shall be maintained, together with free ingress to and egress from the real estate first herein above described for the uses and purposes herein above set forth. The said Grantor is to fully use and enjoy the said premises except for the purposes hereinbefore granted to the said Grantee, which hereby agrees to bury all pipes, lines andlor cables where feasible, to a sufficient depth so as not to interfere with cultivation of soil, and that manholes will be constructed flush with the surface of the ground except in bottom lands where they shall be at a height above water. The Grantor agrees no to erect any buildings or structures in said permanent easement. The Grantee shall have the right to construct additional pipe lines, electric power lines, telephone and/or television lines or cables upon the above described easement at any time in the future and agrees to pay any damages as a result of such future construction as set out in this easement. The consideration first above recited as being paid to Grantor by Grantee is in full satisfaction of every right hereby granted. All covenants and agreements herein contained shall extend to and be binding upon the respective heirs, legal representatives, successors and assigns of the parties hereto. It is hereby understood and agreed that the party securing this document in behalf of the Grantee is without authority to make any covenant or agreement not herein expressed. WITNESS the execution hereof on this the ATTEST: lvr* &�t [Please print or type Name and Title] 6 3 , day of A4 Zl L_. , 2017. RPM1 Properties, LLC, an Arkansas limited liability company BY: - Z.. ` VxGz4ruzk .` l [Please print or type Name and Title) GENERAL UTILITY EASEMENT Page 3 of 3 ACKNOWLEDGMENT STATE OF ARKANSAS COUNTY OF WASHINGTON ss. BE IT REMEMBERED, that on this Mate, before the undersigned, a duly commissioned and acting Notary Public within - and for said County and State, personally appeared r, L. fkw.:� c and w t..W s �4 ,tome i known as the persons who executed the foregoing document, and who stated and acknowledged that they are the and c ts , respectively, of RPM1 Properties, LLC, ars Arkansas limited liability company, and are duly authori ed 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 13�' day of pti. , 2017. MY COMMISSION EXPIR MARY PJ. FORREST MY COMMISS10N # 12693234 I o•A_:=:''' EXPIRES:January 10. 2026 Notary Pu IiC washingtnn County