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3341 RESOLUTION NO. 3 ,341 A RESOLUTION AUTHORIZING AND DIRECTING THE MAYOR AND CITY CLERK OF THE CITY OF LITTLE ROCK, ARKANSAS, TO EXECUTE A RIGHT-OF-WAY PERMIT TO ARKANSAS POWER & LIGHT COMPANY, SUBJECT TO CERTAIN CONDITIONS, GRANTING ARKANSAS POWER & LIGHT COMPANY AUTHORITY TO CONSTRUCT AND MAINTAIN ELECTRIC TRANS- MISSION LINES ON CERTAIN LANDS BELONGING TO THE CITY OF LITTLE ROCK, ARKANSAS, SUBJECT TO CERTAIN CONDITIONS; AND FOR OTHER PURPOSES. WHEREAS, Arkansas Power & Light Company desires to erect, operate and maintain an electric transmission line across certain lands belonging to the City of Little Rock, Arkansas, for the purpose of extending and improving its services to residents of the City of Little Rock and other persons; and WHEREAS, the City of Little Rock will benefit from the granting of such right-of-way by reason of improved servicesto its residents; and WHEREAS, Arkansas Power & Light Company is willing to pay the sum of One Dollar ($1.00) for and in consideration of said right-of-way, together with the easements, rights and privileges contained in a right-of-way permit, which consideration is here- by found to be a fair and just compensation; and WHEREAS, prior to the execution of said right-of-way permit, it is found to be necessary to insure that the lands over which said power lines are to be constructed and which are subject to the aforesaid easement will not revert to the predecessors in title to the City of Little Rock and it is desirable that certain other parties in interest convey a similar right-of-way permit and otherwise convey such interests as will avoid any reversion of lands to the detriment of the City of Little Rock; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The Mayor and City Clerk of the City of Little Rock are hereby authorized and directed to execute a right-of-way permit running in favor of Arkansas Power & Light Company for the consideration of One Dollar ($1.00), and subject to the subsequent sections of this resolution, which right-of-way permit is in form and substance as follows: *IQiT-CF-WAY PERMIT KNOW ALL MEN BY THESE PRESENTS: That the City of Little Rock, Arkansas, a municipal cor- poration, through its Mayor and City Clerk, properly authorized by its Board of Directors, hereinafter called Grantor for and in consideration of the sum of Dollars ($ ) , and other good and valuable consideration, paid by the Arkansas Power & Light Company to the City of Little Rock, Arkansas, the receipt and sufficiency of which is hereby acknowledged, does hereby grant and convey unto the said Arkansas Power & Light Company, an Arkansas corporation, hereinafter called Grantee, and unto its successors and assigns, the right, privilege and easement to build and maintain over and across the land hereinafter described four lines of metal or wood towers or structures upon which may be strung wires and cables for the transmission of electric current and for such other uses as may be necessary to the business of Grantee, its successors and assigns. The rights hereby conferred provide for the privilege and authority to enter upon said lands for the purpose of construc- ting and building said pole lines , maintenance and operation thereof, with the right to clear and keep clear a right of way, 356 .2 feet in width, and to remove all other timber and obstructions that may interfere with the use of said lines or that may or might be a hazard to the use of the same , and for the repairing, reconstruc- ting, operating and the removing of same at any and all times . The said right of way hereby conferred shall be at or near the pole line as staked or indicated, over and across the follow- ing lands located and situated in Pulaski County, Arkansas, to-wit : A part of the Southwest Quarter of the Northwest Quarter of Section 9, Township 1 South, Range 13 West, being more particularly described. as follows : Commencing at the Southwest corner of the Northwest Quarter of said Section 9; thence North 87 degrees 55 minutes East a distance of 300 feet to the point of beginning; thence North 0 degrees 7 minutes West a dis- tance of 250 feet to a point ; thence North 44 degrees 53 minutes East a distance of 141.42 feet to a point; thence North 87 degrees 55 minutes East a distance of 490 feet to a point; thence South 0 degrees 7 minutes East 350 feet to a point; thence South 87 degrees 55 minutes West a distance of 590 feet j o a point of begin- ning, containing 4.62 acreg, more or less. It is expressly understood and agreed that no structures will be located on the lands hereinabove described and that the said lines and right of way shall never be fenced by Grantee and the Grantors shall have full and free use of said right of way except for the purposes herein stated and the right to use said property for a sewer lagoon, or to farm or cultivate, or otherwise use said property by the Grantor except for the purposes herein granted to the Grantee, is especially reserved, and if the Grantee should ever permanently abandon the use of said right of way for the purposes herein conveyed, it shall revert to the Grantor, its successors and assigns . IN TESTIMONY WHEREOF, the name of the Grantor is hereunto affixed by its Mayor and its seal affixed by its City Clerk, this day of , 1965. CITY OF LITTLE ROCK, ARKANSAS By Mayor ATTEST: City Clerk -2- STATE OF ARKANSAS ) ) ss ACKNOWLEDGMENT COUNTY OF PULASKI ) On this day of , 1965, before me, a Notary Public duly commissioned, qualified and acting, appeared in person and to me well known, and stated that they were the Mayor and City Clerk, respectively, of the City of Little Rock, Arkansas, and were duly authorized in their respective capacities to execute the foregoing instrument for and in the name and behalf of said City of Little Rock, Arkansas, and further stated and acknowledged that they had so signed, executed and delivered said foregoing instrument for the consideration and purposes therein mentioned and set forth. IN TESTIMONY WHERE(P, I have hereunto set my hand and official seal this day of , 1965. Notary Public My commission expires : SECTION 2. The authority and duty established in Section 1 hereof in connection with the execution of said right-of-way permit is and shall be subject to the approval of the City Attorney, who shall determine whether or not the execution of said right-of-way permit will in any way cause a reversion of the lands subject to the right-of-way permit in or to any predecessor in title to the City of Little Rock because of said conveyance in favor of Arkansas Power & Light Company for pur- poses other than use as a sewage disposal lagoon or otherwise breach any contracts or agreements between the City of Little Rock and Jacuzzi Brothers, Inc., or any bond trustees. The reverter to which reference is herein made is contained in certain deeds dated October 2, 1961, and recorded in Record Book 775, page 475, and Book 775, page 482, respectively, of the records of the Circuit Clerk and Ex-officio Recorder in and for Pulaski County, Arkansas, through which deeds and subsequent conveyances this City deraigns its title. SECTION 3. It is further condition, upon the execution and delivery of the said right-of-way permit, that the consideration paid by Arkansas Power and Light Company to the City of Little Rock and other interested parties, including but not limited to the Union National Bank in Little Rock, Trustee, and Jacuzzi Brothers, Inc., shall be allocated and apportioned among the parties entitled thereto under and pursuant to any and all bond indentures, lease-purchase or other instruments or contracts in writing between the City of Little Rock and the aforesaid entities. SECTION 4. This resolution shall be in full force and effect from and after its adoption. ADOPTED: May 17, 1965 ATTEST: / ILl,„„t/ APPROV/ : City Clerk Asst.`t yor //,;�„/`ii%7 ,..'.'' J'�'-.� 'mil �.