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84141 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 7.2 23 24 25 26 27 28 29 30 31 32 33 34 35 36 • s NO. 8,414 A RESOLUTION GRANTING A FRANCHISE TO JIM SHOE FOR EXCLUSIVE USE OF A DRIVEWAY ACROSS CITY PROPERTY. 461 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The Mayor and City Clerk are hereby authorized to enter into a franchise agreement (as attached) with Jim Shue, the owner of Lot 38, Cedar Hill Terrace Addition to the City of Little Rock, Arkansas, to construct and use a driveway from his home across Allsopp Park, city property, to connect with Cedar Hill Road, as a means of ingress and egress from said public street to his said home, including a covenant to maintain vegetation and trees as reflected on the attached Exhibit "A" and made a part hereof. SECTION 2. This resolution shall remain in full force and effect from and after its adoption and approval. The City reserves the right to revoke said franchise approval in the event of a public need superior to the use granted. ADOPTED: December 12, 1990 ATTEST: CI9K CLERK JA E CZECF: APPROVED AS TO F Ak ( MARK STODOLA, CITY ATTORNEY APPROVED: MAYOR F OYD G. VILLINES, III Q-Y4 A 13 Col.• I IRI.W.T 462 This Franchise Agreement (called "franchise ") is made and entered into the day of December, 1990 by and between the City of Little Rock, an Arkansas Municipal Corporation (called "City"), pursuant to authority of Resolution No. of the Board of Directors of the City, dated December , 1990, and Jim Shue, a private property owner in the City (called "Shue "). WITNESSETH: WHEREAS, the City owns fee simple title to a tract of land lying in the south ravine of Allsopp Park adjacent to and south of Cedar Hill Road, and WHEREAS, Shue owns Lot 38, Cedar Hill Terrace Addition to the City of Little Rock, Arkansas, lying east of and adjacent to the City property, and WHEREAS, Shue desires a franchise to construct, use and maintain a driveway from his residence across the Allsopp Park City -owned property to connect to Cedar Hill Road as a means of ingress and egress from said public street to Shue's residence, and WHEREAS, said driveway construction will cause a loss to the public of trees, natural features and open space which justifies a franchise fee to be paid by Shue to the City in an amount deemed by the parties to be fair and reasonable under the circumstances, and WHEREAS, the City is willing to grant said franchise under the terms and conditions set forth herein. , the City and Shue agree as follows: 1. FRANCHISED PREMISES. The City hereby grants to Shue a franchise, subject to the conditions hereafter expressed, in a certain parcel of land containing approximately 3,868 square feet described in Exhibit "A" attached hereto. �•� M M M 2 . TERM. 463 The term of this franchise shall be in perpetuity unless otherwise terminated pursuant to paragraph 7 of this franchise. 3. CONSIDERATION. As consideration for this franchise, Shue agrees to pay and City agrees to accept, in thirty (30) year increments, the sum of FIFTEEN THOUSAND DOLLARS ($15,000.00) for the first increment term, TWENTY THOUSAND DOLLARS ($20,000.00) for the second increment term and TWENTY -FIVE THOUSAND DOLLARS ($25,000.00) for the third increment term. Payment for the first increment term shall be made by Shue in full upon execution of this franchise. Payment for the second increment shall be made in full on the thirty (30) year anniversary date of this franchise. Payment for the third increment shall be made in full on the sixty (60) year anniversary date of this franchise. Consideration for any term beyond the third increment shall be renegotiated by the City and the holder of the franchise. 4. USE OF FRANCHISED PREMISES. Shue agrees to use the franchised premises throughout the term hereof solely for the purpose of constructing, using and maintaining a driveway from his residence to Cedar Hill Road in accordance with the plans and specifications of Shue as approved by the Department of Public Works of the City, attached as Exhibit nBn. 5. TAXES. Shue shall pay all taxes and assessments which may become due upon the franchised premises and improvements placed thereon. 6. LANDSCAPING AND MAINTENANCE. Shue agrees to install and at all times during the term of this franchise, at his own expense, he shall maintain appropriate landscaping in the franchised premises and where appropriate on Lot 38 as well as the adjacent park property as identified on 1, 464 Exhibit "B ". He shall keep the premises attractive and consistent with the surrounding area. Shue agrees that all construction will stabilize the excavated area to prevent damage to the adjacent park property. Shue further agrees to landscape all excavated areas and to leave in a natural and undisturbed state all of Lot 38 lying between his residence and Cedar Hill Road. 7. TERMINATION. The City reserves the right to revoke this franchise in the event of failure by Shue, his heirs, successors, grantees or assigns to comply with the conditions of approval set forth herein. This franchise may also be terminated by the City in the event of a public need for the franchised premises superior to the use granted herein. Said termination shall be effective after thirty (30) days written notice by the City to the owner of Lot 38 Cedar Hill Terrace Addition. In the event of termination for a superior public need, City will refund any prorata portion of the franchise fee previously collected. 8. COVENANTS RUNNING WITH THE LAND. The terms and conditions of approval of the franchise set forth herein are considered to be covenants running with the land and shall inure to Shue's heirs, successors, grantees and assigns. IN WITNESS WHEREOF, the parties have executed this Franchise Agreement on this day of December, 1990. CITY OF LITTLE ROCK ATTEST: City Clerk ATTEST: THIS By: F. G. NBuddyff Vi Ines, Mayor By: Jim Shue PREPARED BY LITTLE ROCK CITY ATTORNEY'S OFFICE A is ACKNOWLEDGEMENT STATE OF ARKANSAS) )ss COUNTY OF PULASKI) 465 I, notary public in and for sai d county in the state a oresal o hereby certify that F. G. Villines, personally known to me to be the Mayor of the City of Little Rock, Arkansas, and Jane Czech, personally known to me to be the City Clerk of the City of Little Rock, Arkansas, appeared before me this day in person and severally acknowledged that as such City Mayor and City Clerk, they signed and sealed the said instrument and caused the seal of said City of Little Rock to be affixed thereto pursuant to the authority of the Board of Directors of the City of Little Rock, Arkansas, as to their free and voluntary act and deed of said City of Little Rock, Arkansas, for the uses and purposes therein set forth. Given under my hand and notarial seal this day of 1990. Notary Public My Commission Expires: ACKNOWLEDGEMENT STATE OF ARKANSAS) )ss COUNTY OF PULASKI) On this day of ' 1990, before me, a Notary Publicly commis-s-i—on—eff—,qualiflea and acting, within and for said County and State, appeared in person the within named Jim Shue, to me personally well known, who stated that he was duly authorized to execute the foregoing instrument and further stated and acknowledged that he had so signed, executed and delivered said foregoing instrument for the consideration, uses and purposes therein mentioned and set forth. IN TESTIMONY WHEREOF, I have hereunto set my hand and official seal this day of , 1990. Notary is My Commission Expires: M M M 466 Part of the NE 1/4 SW 1/4, Section 32, T -2 -N, R -12 -W, of the fifth principal meridian, Pulaski County, Arkansas; more particularly described as follows: Commencing at the SW corner of Lot 38, of the Cedar Hill Terrace Addition to the City of Little Rock; thence N 00 0001001 E 43.48 feet along the West line of said Lot 38 and the East line of said NE 1/4 SW 1/4 to the point of beginning; thence N 75 °11104" W 121.99 feet to a point on the easterly pavement edge of Cedar Hill Road; thence along the edge of said pavement the following courses and distances: N 45 051120" E 27.62 feet; N 44 006122" E 25.00 feet; thence departing from said pavement edge S 45 053138" E 21.40 feet to a point; thence S 1/4 to a point; thence S 00 000'00" W 36.20 feet along said east line to the point of beginning. Area containing 0.0888 acres more or less. EXHIBIT "A" A 467 EXHIBIT NO-P-" - PFIWATE DRIVEWAY LOT 38 CEDAR HILL TERRACE ADDITION LITTLE ROCK ARKANSAS T N I a u L I O`. 0 I a I fR A 467 EXHIBIT NO-P-" - PFIWATE DRIVEWAY LOT 38 CEDAR HILL TERRACE ADDITION LITTLE ROCK ARKANSAS T N I a u L I