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HomeMy WebLinkAbout20-18 RESOLUTION113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Resolution: 20-18 File Number: 2017-0611 833 NORTH CROSSOVER ROAD: A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $174,135.00 RECOGNIZING REVENUE FROM THE SALE OF THE FIRE PREVENTION BUREAU AT 833 NORTH CROSSOVER ROAD 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 approves a budget adjustment, a copy of which is attached to this Resolution, in the amount of $174,135.00 recognizing revenue from the sale of the Fire Prevention Bureau at 833 North Crossover Road and moving those funds into the Fire Facility Maintenance account and Fire Apparatus Purchases account. PASSED and APPROVED on 1/2/2018 Page 1 Attest: Lnz�l� (�- -z Sondra E. Smith, City Clerk Treasurer ,t.•. �rrrr�Yrri w 1r 4 ~ «_� b ��..EE yy rt hh Printed on 113118 City of Fayetteville, Arkansas 113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Text File File Number: 2017-0611 Agenda Date: 1/2/2018 Version: 1 Status: Passed In Control: City Council Meeting File Type: Resolution Agenda Number: A. 21 833 NORTH CROSSOVER ROAD: A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $174,135.00 RECOGNIZING REVENUE FROM THE SALE OF THE FIRE PREVENTION BUREAU AT 833 NORTH CROSSOVER ROAD 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 approves a budget adjustment, a copy of which is attached to this Resolution, in the amount of $174,135.00 recognizing revenue from the sale of the Fire Prevention Bureau at 833 North Crossover Road and moving those funds into the Fire Facility Maintenance account and Fire Apparatus Purchases account. u City of Fayetteville, Arkansas Page 1 Printed on 11312018 City of Fayetteville Staff Review Form 2017-0611 Legistar File ID 1/2/2018 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item ,David Dayringer 12/14/2017 FIRE (300) Submitted By Submitted Date Division / Department Action Recommendation: Approval of a Budget Adjustment to utilize the revenue received from the sale of the Fire Prevention Bureau located at 833 N. Crossover Rd. The funds will be moved to the expense accounts of Capital Project: Fire Facility Maintenance and Capital Project: Fire Apparatus Purchases. These funds will be utilized for fire facility improvements and future fire apparatus purchases. Budget Impact: 4470.300.8300-5400.00 4470.300.8300-5802.00 Account Number 02006.1 03019.1 Project Number Sales Tax Capital Fund Fire Facility Maintenance Fire Apparatus Purchases Project Title Budgeted Item? Yes Current Budget $ 744,411.00 Funds Obligated $ 619,711.56 Current Balance �_ $ 124,699.44.1 Does item have a cost? NA Item Cost Budget Adjustment Attached? Yes Budget Adjustment $ 174,135.00 Remaining Budget $ 298,834.44 Previous Ordinance or Resolution # 238-17 V20740710 Original Contract Number: Comments: Approval Date: CITY OF FAYETTEVILLE ARKANSAS MEETING OF JANUARY 2, 2018 TO: Mayor and City Council FROM: David Dayringer, Fire Chief DATE: December 14, 2017 CITY COUNCIL MEMO SUBJECT: Staff recommends Approval of a Budget Adjustment to utilize the revenue received from the sale of the Fire Prevention Bureau located at 833 N. Crossover Rd. RECOMMENDATION: Staff recommends Approval of a Budget Adjustment to utilize the revenue received from the sale of the Fire Prevention Bureau located at 833 N. Crossover Rd. BACKGROUND: The Fayetteville Fire Department wants to utilize the revenue received in the Fire Capital Projects of Fire Facility Maintenance and Fire Apparatus Purchases. DISCUSSION: The Fire Department will utilize this revenue for renovating the existing Fire Department property located at 4140 South School to develop offices for the Fire Prevention Bureau and assist with funding for future fire apparatus purchases. $74,135 will be moved into the Fire Facility Maintenance account and $100,000 will be moved into the Fire Apparatus Purchases account upon Council approval of the Budget Adjustment. BUDGET/STAFF IMPACT: The funds will be moved to the expense accounts of Capital Project: Fire Facility Maintenance and Capital Project: Fire Apparatus Purchases. Attachments: Closing Documents; Budget Adjustment Mailing Address: 113 W. Mountain Street www.fayetteville-ar.gov Fayetteville, AR 72701 SELLER/BORROWER'S AFFIDAVIT STATE OF ARKANSAS, COUNTY OF: WASHINGTON The undersigned, referred to as Seller/Borrower (whether one or more) being first duly sworn on oath that the Seller/Borrower is the owner of the following described lands, situated in Washington County, Arkansas, to -wit: Lot Numbered Seven (7) in Block Numbered Three (3) of Eastwood Subdivision to the City of Fayetteville, Arkansas, as per plat of said subdivision on file in the office of the Circuit Clerk and Ex -Officio Recorder of Washington County, Arkansas. Less and except that portion laying within the right of way of line of Arkansas State Highway 265. Seller/Borrower further states the following facts are true: 1. There is no adverse occupant of the property described above 2. Seller/Borrower and those, under whom Seller/Borrower claims title, have been in peaceful possession of said lands for more than 7 years past. 3. There are no unrecorded options to purchase, Sales Contracts or Lease Agreements outstanding, which affects the property described above. 4. There have been no improvements made on the property described above during the past 130 days for which a Mechanic's and Materialmens' Lien may be filed. 5, No appliances have been installed in the property described above on deferred payments, which are unpaid for. P7The property described above is not traversed by any roadways or easements, except those shown on record. . There are no delinquent assessments due on the resident's association on the property described above, if applicable. That no money whatsoever is owed on subject property to any person, firm or corporation other than the following: NONE_ 9. There are no outstanding judgments against Seller/Borrower as a result of legal action to include, but not limited to, Tax Liens, Divorce, Bankruptcy or Foreclosure. 10. There are no pending liti gations against Seller/Borrower which may result in a judgment. 11. That the marital status of Seller/Borrower has not changed since they acquired above described property. Witness tltc M ynd and seal of the undersigned this j_day of�20174 Was xington County Regional Ambulance ithority III Ci of Fu eville Subscribed and sworn to before me, a Notary Public, on this day oto 2017 My Commission Expires: Not ry !'ublic tv`��«tittrrrd q IP Please return this to Bronson Abstract Company, Inc., 3810 Front Street, Suite #5, Fayetteville, AR 727t13��,� File Number: 23183-17 •.. CLOSING CERTIFICATION FILE No: 23183-17 Address: 833 N. Crossover Road, Fayetteville, AR 72701-3000 We the undersigned hereby state that we are the party(ies) with respect the property referenced above and theretofore make the following certifications where applicable: PROPERTY ADDRESS PRORATION$ Bronson Abstract Company, Inc. (hereinafter referred to 'Closing Agent") hasp&atcd the current years at estate taxes to a purchase) from January first of the current year through a date of the closing a avc given the purchaser credit for snot on the settlement statement. The purchaser will therefor responsible for payl�l of those taxes when they conic due and p fable the next payment cycle. / ,. f�s If an escrow is being established for pa :Rent of taxes and/or insoronce then the Closing Agent}r. s made Xn y entries on the settlement statement as instructed by,llte Lender. The reserves and monthly payments for ll�escrow hav-1 lis d by using the current amounts provided by .thc County Assessor for t1Je' urrent year without coasii&p ton of arty exis. It is the responsibility of dib undersigned Borrower(,s�ff'urrcchascr(s) to contact the Copfity Assessor's officepose of applying for any credits for w}idh they may be entitled. IyEvili also be the responsibility,��Sf the undersigned to Lender with any information which4ould be necessary for th%e p4pose of changes to any o;ie th scro►v payment amount . The Clc�silt Agent hereby disclosed tit. [�tlu valuations as provided b County Assessor's o ce at the time of closing may be changed y�t any time far the closing d� t?forward and said Closing A lit shall not be held respo able or liable to the undersigned for any discrepancies and/or adjustntel)j which may occur subsetlucn o the date of the closing. TITLE INSURANCE AFFIDAVIT The undersigned, where applicable, hereby affirm that they have received a copy of the title insurance commitment and are aware of any matters contained therein. SURVEY -WAIVER The undersigned affirm and acknowledge tliat they did not receive, unless previously agreed and/or required, a survey of the property, and further will have no coverage or protection on the title policy with respect to matters that would have been disclosed by an accurate survey of the property. It is the responsibility of the undersigned to request such coverage, including but not limited to survey matters, directly from the title insurance issuing agent prior to the closing and be responsible for additional coverage. In the even the survey coverage is requested and/or required, it is further the responsibility of the undersigned to provide the title insurance issuing agent a survey which would meet the criteria and requirements as determined by the title insurance company guidelines. ERRORS AND OMISSIONS The undersigned party(ies) affirm and acknowledge that they will cooperate and agree to re -executed any documents, initial any changes, or pay any additional amounts and/or fees which my result from clerical errors or other matters, including but not limited to misspellings, incorrect names, addresses, legal descriptions, costs, terms, conditions, computations, taxes collected or due and expenses which were all done in good faith by the Closing Agent and further agree to respond to any such request made by Closing Agent, Lender, or other parties involved, in a manner which is timely and consistent with such request. We further agree to indemnify and hold Closing Agent, Lender and Realtors harmless from loss or damage or liability resulting from matters herein. A Dated this 8th day ofDecember,2017. PURCHASER Wasoia tfCounly Ikeb'rn i1 ¢fibuiance Autlro ity ` SvetY14II C 6del t Parcel No. 765-05033-000 WARRANTY DEED BE IT KNOWN BY THESE PRESENTS: THAT the City of Fayetteville, Arkansas, a municipal corporation, hereinafter casted GRANTOR, for and in consideration of the sum of One Hundred Seventy -Five Thousand Dollars ($175,000100), the receipt of which is hereby acknowledged, and the public interest, does hereby ggrant, bargain, sell and convey unto Washington County regional Ambulance Authority, 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: Lot Number Seven (7) in Block Numbered Three (3) of Eastwood Subdivision to the City of Fayetteville, Arkansas, as per plat of said subdivision an file in the office of the Circuit Clerk and Ex -Officio Recorder of Washington County, Arkansas. Less and except that portion lying within the right of way Arkansas State Highway 265. Subject to all easements and rights-of-way of record. TO HAVE ANIS TO HOLD the said lands and appurtenances hereunto 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. Consideration for the conveyance of this property includes the public interest to help ensure that Grantee can adequately provide ambulance or other governmental -type emergency services to Fayetteville residents. If the Grantee attempts to convey the property for a non-governmental use at any time within twenty (20) years from the date of this conveyance, then the Grantor, City of Fayetteville, Arkansas shall have the right of first refusal to re -purchase the property for $175,000.00. If the City desires to exercise this right of first refusal, it shall deliver written notice to that effect to Grantee within sixty (60) days of receiving notice in writing of Grantee's intent to convey the property. WITNESS the execution hereof on this the ,*{ day of & ,, , 2017. CITY OF F YETTEVfLLE, ARKANSAS A Munic Corporation ATTEST: Sondra Smith, Ci%,q(grh#,1VMasurer .�. 5.�tIL)Y+r7�'; i REVENU STAM ` The foregoing deo has th cone l AYl I t V'a I : " stamps affixed is exeo�t from A l' • ti t'.� f+li ,..`` rrl 7• Sig yror I.ionv Qf II C y of Fayefle,YY e 1131bi Mou Din AR 72701 of Revenue ACKNOWLEDGMENT STATE OF ARKANSAS 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 Lioneld Jordan and Sondra Smith, to me well known as the persons who executed the foregoing document, and who stated and acknowledged that they are the Mayor and City Clerk -Treasurer, respectively, of the City of Fayetteville, Arkansas, a 'Municipal Corporation, and are duly authorized in (herr respective capacities to execute the foregoing instrument for and in the name and behalf of said City of Fayetteville, Arkansas, 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 14 day of /c - , 2017, i `4�tirturirrrr & f. ti@. ti's'' `' �� •,� 4' �pTAFRr""% e ,rsy ♦s/r� P61E30G F��i•.~ MAL - z �rrgts no.: [Sud-pkbi ER TVPE OF LOAN A, SETTLEMENT STATEMENT (HUD -1) I FHn L: FHMA 3, C CONY. UNws. ! 4-_,71 VA 5. CONV. INS 6. FILL' NLWFK*. T. LOA14NUMBER 231$3•i7 8, MORTOAGE INS, CASE NO.: C. NOTE: This foFm is flunishcd to glue you astdcmcm ofeclual settlement casts_ Amounts paid to and by the senkmeot agent are shown Items msrkcd' .6.e.. wore Paid oaufde she d0An-.!?!y are shown lure in[ int"Failoaai and ate n03 mdudcd in the totals. D. NAME do ADDRESS Washington County Regional Ambukroce Aulhority OF BORROWER: E. NAME & ADDRESS The City of Fayetteville OF SELLER: F. NAME & ADDRESS Cash OF LENDER: G. PROPERTY LOCATION: 033 N. Crossover Road Fa ticvlilr, AR 7.741-3000 H. 3ETTLEh1EN f AGENT: Bronson 14b5bract Company, Inc. PLACE OF SETTLEMENT- 3810 frront Street, Suite S. Fa ottev ile. alt 72703 479 442.2700 I. SETTLE ENT DATE: 17/1412017 3.INSBURS£MEN'1' DATE: 12(14rL017 Summar of Barrow is Transaction X Summar ofSeller" 'Tranarctlon 100. Gross Amount Due From Borrower: �+460. Gross Amount Due To Seller: anFncl sales Fier ns! nr n 175 401. Contnoctsala Fire t6k. Petrn401. Persortej ro c 175 103 Scttlem m eh s to lwrmwer. Ike 1.106 too. 425. 443. 405. of u.sime F r ems I B Se ler In Adrra c 106 Ch ouolaxes to _Ad ustme Es F r Items aid 8 If r n Adyanc 107. Count as In 466. 0 flossn t ---- tot. AsFesnacm;401 Coca ----to8.A55e55mcttt5467-Coca 11wu la 109, ro _ 4N, Assessments _ro I Ili. aa9. lit. 4IQ 112 41t 113. 412, 114,its, 414. - 116. - 413. 120. Gross Amount Due From Borrower, 175,425,00 420. Gross Amount Due To Seller: 7 206. Aen-." n.ra e.. n_ - .. 1. S.00r1.(1!f uAC" 204, 205, 206. 207. 2U- 209. Adjustments For Items Unpaid By Seller: 210. Cu siown taxes to ZI L Cauncy twos to 2t2 Awassmcnis to 213. gra, 215. 216, 217. 218, 219. 220. Total Paid By/For 303. Cash (®FROM) IaO) Borrower: Previous Edhien is OLiolere Form No. 1581 3/86 301. Past M�9.0.1as. $04.Payolf2nd�fi Lrr, 306. 507. Adjustments For Items Unpaid By Seller: 510, CkyAoven taxes to 511,Coon tyWoes iu 512 Assasnou is rn - 513 514. S15. 319. 520. Total Reductions In Amount Due Sellar: 863.0 N Ilr 173,125. 601 Gras anlaunt due to seller line a20J 175 0 602. Ler reductions in arrrvnnl due seller (line $2U >; 175,435.0 603. Cash (X I'O) FROM) Seller: 174,135.af Sfi•4.3#3b•000-I HUD -1 (3.86) Pagel of 3 RESPA, HB 4305.2 SELLER'S AND/OR BORROWEWS STATEMENT Escrow: 23183-17 I have caretlilly reviewed the kfUD.1 Smdemeat Stalement and to the best of my knowledge and belief, it is a true and accurate saa went of all receipts and disbursements mase on my account or by mein flus transaction. I furahcr acrtily that I have received a copy of the 1f1113.1 Settienuxet Stalrmrnt. Borrowam'Purchasers Washington County Region mbulance Aulhorlt ay: f President Sellers Th Fayet e Y, The HUD -1 Settlement Statement which I have prepared is a true and accurate account ofthis trimwtion. Ihave caused or will cause the funds to be disbursed in accordan%wit{h tw9rRtmont. 1 Settlement Agent: yC ted _�. Date: Lela R_ Davis, Bronson Abstract Company, Inc. WAitNING: It is at crime to knowingly make false statements to the Unitcd States fit, this or any other similar form. Penalties upon conviction can include a fine orimprisonmem. Forrlemils sm: Title 18 U.S. Coda Section 1001 and Section 1010. Page 3 of3 LO O L § 0 2 q R ■ aw 0 � O G z 0 I w b R7%-W� K §§ \ 2K\ % �. )a - �o LL $ cn N SU. i§ t� 2@ 2 A $ Z,2� k O �b� �\ / R cc z -LL fE5 0 § £§ X. ru � � Er O ru R � s � O Ir ru cc O 0 Ln O City of Fayetteville, Arkansas - Budget Adjustment Form (Legistar) tsudget Year Division Adjustment Number 2018 (BY) /Org2 FIRE (300) Requestor: David Dayringer BUDGET ADJUSTMENT DESCRIPTION /JUSTIFICATION: Adjustment of Funds to utilize the revenue received from the sale of the Fire Prevention Bureau located at 833 N. Crossover Rd. The funds will be moved to the expense accounts of Capital Project: Fire Facility Maintenance and Capital Project: Fire Apparatus Purchases. These funds will be utilized for fire facility improvements and future fire apparatus purchases. COUNCIL DATE: 1/2/2018 LEGISTAR FILE ID#: 2017-0611 B "ZJGwa, Fa& 12/15/2017 8:27 AM Budget Director Date TYPE: DESCRIPTION: C:\Users\losmith\AppData\Roaming\L5\Temp\2c4beI4a-3270-47ab-8d3f-cIcc35b85171 1 of 1 GLDATE: RESOLUTION/ORDINANCE I POSTED: f TOTAL 348,270 348,270 v.20170707 Increase / (Decrease)mks- � Account Number Expense Revenue Project Sub AT Account Name 1010.300.3020-4881.02 174,135 RE **Gain/Loss - Sale of Assets - Gain/Loss -' 1010.090.6600-7602.47 174,135 - 57039 1701 EX Transfers To Funds - Capital Improvement 4470.300.8300-6602.01 - 74,135 02006 1 RE Transfer from Fund - General 4470.300.8300-6602.01 - 100,000 03019 1 RE Transfer from Fund - General 4470.300.8300-5400.00 74,135 - 02006 1 EX Building & Grounds - Maintenance 4470.300.8300-5802.00 100,000 - 03019 1 EX Vehicles & Equipment - base C:\Users\losmith\AppData\Roaming\L5\Temp\2c4beI4a-3270-47ab-8d3f-cIcc35b85171 1 of 1