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Z-8587 Application
Ljr7r'7C: �p 7Ij �]` �r ] ] rnJ LI e ]C-!jr `�n Li V •' � �r;��•' �� pC,�� o Q C31]C]go°� vr.7r�C�[.1d1 5., . 0 o r] F] .� -- � u• _� � ❑C � � []i7�!'� ❑nap °� ❑ PCD ^ CJL.7���f� k PR Imo, A` J -RS . I f PL- ED i I ❑ � n 6 . D El rl L. Ll F... r_J ❑ e D E o R5 DE p n INTSF _ - r Savo c �O o II�j L 0 �D c3 ❑ 0000ad� ,. 0 cl z� Opll o� Cr) Area Zonini Case: Z-8587 Location: 5621 Young Road Ward: 2 PD: 13 CT: 20.02 TRS: TIN R12W31 N A 0 125250 500 Feet � •a Land Use Plan L t Case: Z-8587 Location: 5621 Young Road Ward: 2 ITJ PD: 13 CT: 20.02 { TRS: TIN R12W31 N A 0 125250 500 Feet POB Legal D[ (By Surveyor) r� c M R w 00 M . C) 0 Z ov�buNirneb ]e �`+u Ulfil N89°16'W 258.08 Centerline of Young Road 50' ROW EAST 340' 6 vas �ur.w w• 0 a o ° 0) o Z m m 0 a, g2a (0 � �i U A� S86°52'W 82' v Z-8587 0 5621 YOUNG ROAD 0 P.C.D. City of Little Rock Department of Planning and Development 723 West Markham Street Little Rock, Arkansas 72201-1334 Phone: (501) 371-4790 Fax: (501) 399-3435 or 371-6863 November 3, 2010 AAA Lock & Key Service 4013 Baseline Road Little Rock, AR 72209 Planning Zoning and Subdivision Re: AAA Lock and Key Service Short -form PCD (Z-8587), located at 5621 Young Road Dear Sirs: Enclosed please find a copy of an Ordinance adopted by the Board of Directors at their October 19, 2010, Public Hearing approving the above referenced development. If you have any questions concerning this ordinance, please feel free to call me at 371-6821. Sincerely, Donna James, AICP Subdivision Administrator 2010066162 Received: 1012112010 12:16:16 PM Recorded: 10/2112010 12:25:47 PM Filed & Recorded ir. Official Records of PAT O'BRIEN, PULASKI COUNTY CIRCUIT/COUNTY CLERK Fees $20.00 1 ORDINANCE NO.20,343 2 3 AN ORDINANCE TO APPROVE A PLANNED ZONING DEVELOPMENT AND 4 ESTABLISH A PLANNED COMMERCIAL DISTRICT TITLED AAA LOCK 5 AND KEY SERVICE SHORT -FORM PCD (Z-8587), LOCATED AT 5621 YOUNG 6 ROAD, LITTLE ROCK, ARKANSAS, AMENDING THE OFFICIAL ZONING 7 MAP OF THE, CITY OF LITTLE ROCK, ARKANSAS; AND, FOR OTHER 8 PURPOSES. 9 10 NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY 11 OF LITTLE ROCK, ARKANSAS: 12 Section 1. That the zoning classification of the following described property is changed from R-2 to 13 PCD: 14 All that part of Tract 5 of Lee Miles Subdivision lying north of Interstate Highway 30 as 15 now constructed and south of Young Road more particularly described as: beginning at a 16 point on the west: line of Tract 5 that is twenty-five (25) feet south of and parallel to said 17 centerline a distance of 340 feet to the east line of said Tract 5 and the west line of a 18 dedicated forty (40)-foot road that is not opened; thence S07°44'W along the west line of 19 said road 134.49 feet to the north right-of-way line of Interstate 30 as now constructed; 20 thence S86°52'W along said north right-of-way line eighty-two (82) feet; thence 21 N89°16'W along said north right-of-way line 258.08 feet; thence N07°38'E 135.65 feet to 22 the point of beginning, containing 1.06 acres, more or less. 23 24 Section 2. That the approval of AAA Lock and Key Service Short -Form PCD (Z-8587), located at 25 5621 Young Road, is subject to compliance with the following additional conditions: 26 That the preliminary site development plan/plat be approved as submitted, including 27 all staff comments and conditions as outlined in the Planning Commission Agenda Staff 28 Report in paragraphs D, E, F and including any conditions indicated in the staff analysis 29 in paragraph H and subject to additional conditions imposed at the Planning Commission 30 Public Hearing as amended by the applicant. 31 Signage is limited to signage allowed in office zones. •+`SHE CIRrG�. `t� r 4• �L ..ii•i.. % err 32 All uses are to be limited to within the enclosed building. 33 FA b [Page 1 of 21 fr�rrr�umrr, r Section 3. That theI preliminary site development plan/plat be approved as recommended by the I le Rock Planning Commission. i Section 4. That the! change in zoning classification contemplated for AAA Lock and Key Service rt-Form PCD (Z-85$7), located at 5621 Young Road, is conditioned upon obtaining a final plan roval within the tirrle specified by Chapter 36, Article VII, Section 36-454 (e) of the Code of inances. Section 5. That thei map referred to in Chapter 36 of the Code of Ordinances of the City of Little ,k, Arkansas, and designated district map be and is hereby amended to the extent and in the respects essary to affect and designate the change provided for in Section 1 hereof. Section 6. That this; Ordinance shall not take effect and be in full force until the final approval of the Section 7. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or •d of this ordinance is declared or adjudged to be invalid or unconstitutional, such declaration or xdication shall not affect the remaining portions of the ordinance which shall remain in full force and ;ct as if the portion soydeclared or adjudged invalid or unconstitutional were not originally a part of the inance. Section 8. Repealer All laws, ordinances, resolutions, or parts of the same that are inconsistent h the provisions of this ordinance are hereby repealed to the extent of such inconsistency. SSED: October-l9, 2010 f TEST: ian Migley, City Clerk PRD AS O LEGAL FORM: omas M. Carpenter, City torney APPROVED: 7i Mark Stodola, Mayor [Page 2 of 21 City of Little Rock Planning and Development Filing Fees ��` �" �• �' Date �, ; � l Annexation JZ- , rT1 BU1LDivrr'r`-,� 0 C K $ Board of Adjustment Cond Use Permit/T UP $ Final Plat $ $ y' ' Planned Unit Dev Preliminary Plat $ Special Use Permit $ Rezoning $ Site Plans $ Street Name Change $ Street Name Signs Number at ea $ Public Hearing Signs $ Numberr_ _at�ea 9&' Total $ Q �oQ Q Q°o � off fl a a� ❑e p p° a Q oaq�Q ©. q Qa p O nc :3 6 do ° �ao�dc�C�❑4❑ram ]❑�]❑ � dQ [� ° o � El no ID o ,Ej P PR [� Od�l�{J fry❑ Qo •, ° o b L7 r7 V d ° El pgaG�6 Q� 0 J, n fl °a p D R5 otl Q El ° a o f? 0 _ V Q DOD P CD - 1 a - Case: Z-8587 Location: 5621 Young Road Ward: 2 PD: 13 CT: 20.02 TRS: TIN R12W31 0 125250 500 Feet f- Iff -a MEN 4t n j7IJ proe. M.M IF go Land Use Plan Case: Z-8587 Location: 5621 Young Road Ward: 2 PD: 13 0 125250 500 Feet CT: 20.02 TRS: TINR12W31 Z-8587 05621 YOUNG ROAD 0 P. C. D. (!m." OFFICE OF THE CITY MANAGER LITTLE ROCK, ARKANSAS BOARD OF DIRECTORS COMMUNICATION OCTOBER 19, 2010 AGENDA Subject An Ordinance establishing a Planned Zoning District titled AAA Lock and Key Service Short -form PCD (Z-8587), located at 5621 Young Road. Submitted by: Department of Planning and Development SYNOPSIS FISCAL IMPACT RECOMMENDATION CITIZEN PARTICIPATION Action Required 4Ordinance Resolution Approval Information Report Approved By Bruce Moore City Manager The request is a rezoning of the site from R-2, Single- family to PCD to allow a safe and vault company to locate on the site. None. Staff recommends approval of the requested PCD zoning. The Planning Commission voted to recommend approval of the requested zoning by a vote of 6 ayes, 0 noes, 3 absent, 1 open position and 1 recusal (Commissioner Troy Laha). The Planning Commission reviewed the proposed PCD request at its September 23, 2010, meeting. There were no registered objectors present. The Upper Baseline Neighborhood Association, Wakefield Neighborhood Association and Southwest Little Rock United, all residents who could be identified located within 300 feet of the site and all property owners located within 200-feet of the site were notified of the Public Hearing. The Wakefield Neighborhood Association and Southwest Little Rock United for Progress indicated support of the request. BACKGROUND The site contains an existing one story metal building with paved parking located along the western side of the building. The building contains 8,000 square feet and was constructed as an office/warehouse. There is a loading dock located along Young Road. Access to the loading dock is via a graveled drive extending from the paved parking to the dock area. An existing chain link fence is located around an outdoor storage area located to the east of the site. The applicant is proposing a rezoning of the site to PCD to allow the use of the building as an office/showroom/warehouse for the applicant's safe and vault division of the existing lock and key business. The site will be used for showroom and display of various safe and vault models. The site plan does not propose signage. Staff recommends should signage be desired in the future building signage be allowed as allowed in office zones or a maximum of ten percent of the fagade area abutting a public street. Staff recommends ground signage be limited to a maximum height of six (6) feet and a maximum sign area of sixty-four (64) square feet. The applicant is requesting twelve (12) months to remove the loading dock and install the landscaping along Young Road. According to the applicant there are a number of renovations necessary to bring the building back to an occupancy level including the installation of new heat and air units. The applicant has indicated all efforts will be made to install the new landscaping at the proper planting time. According to the site plan street trees will be installed with a 30-foot spacing along Young Road with a minimum of five new trees added. Shrubs will be installed with a 6-foot spacing with a minimum of 38 shrubs installed. An irrigation system is not proposed but a water source within 75-feet of the landscaped areas will be provided. Please see the attached Planning Commission minute record and site plan for the applicant's specific development proposal and the staff analysis and recommendation. OA I ORDINANCE NO. 2 3 AN ORDINANCE APPROVING A PLANNED ZONING 4 DEVELOPMENT AND ESTABLISHING A PLANNED 5 COMMERCIAL DISTRICT TITLED AAA LOCK AND 6 KEY SERVICE SHORT -FORM PCD (Z-8587), LOCATED 7 AT 5621 YOUNG ROAD, LITTLE ROCK,-ARKANSAS, 8 AMENDING THE OFFICIAL ZONING MAP OF THE 9 CITY OF LITTLE ROCK; AND FOR OTHER PURPOSES. 10 11 BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF 12 LITTLE ROCK, ARKANSAS. 13 14 SECTION 1. That the zoning classification of the following described 15 property be changed from R-2 to PCD: 16 17 All that part of Tract 5 of Lee Miles Subdivision lying north of 18 Interstate Highway 30 as now constructed and south of Young 19 Road more particularly described as: beginning at a point on the 20 west line of Tract 5 that is 25 feet south of and parallel to said 21 centerline a distance of 340 feet to the east line of said Tract 5 and 22 the west line of a dedicated 40 foot road that is not opened; thence 23 S07°44'W along the west line of said road 134.49 feet to the north 24 right of way line of Interstate 30 as now constructed; thence 25 S86052'W along said north right of way line 82 feet; thence 26 N89°16'W along said north right of way line 258.08 feet; thence 27 N07°38'E 135.65 feet to the point of beginning. Containing 1.06 28 acres more or less. 29 30 [Page 1 of 31 I SECTION 2. That the approval of AAA Lock and Key Service Short -form 2 PCD (Z-8587), located at 5621 Young Road is subject to compliance with the 3 following additional conditions: 4 5 That the preliminary site development plan/plat be approved as 6 submitted, including all staff comments and conditions as outlined 7 in the Planning Commission Agenda Staff Report in paragraphs D, 8 E, F and including any conditions indicated in the staff analysis in 9 paragraph H and subject to additional conditions imposed at the 10 Planning Commission Public Hearing as amended by the applicant. 11 Signage is limited to signage allowed in office zones. 12 All uses are to be limited to within the enclosed building. 13 14 SECTION 3. That the preliminary site development plan/plat be 15 approved as recommended by the Little Rock Planning Commission. 16 17 SECTION 4. That the change in zoning classification contemplated for 18 AAA Lock and Key Service Short -form PCD (Z-8587), located at 5621 Young Road 19 is conditioned upon obtaining a final plan approval within the time specified by 20 Chapter 36, Article VII, Section 36-454 (e) of the Code of Ordinances. 21 22 SECTION 5. That the map referred to in Chapter 36 of the Code of 23 Ordinances of the City of Little Rock, Arkansas, and designated district map be and is 24 hereby amended to the extent and in the respects necessary to affect and designate the 25 change provided for in Section 1 hereof. 26 27 SECTION 6. That this Ordinance shall not take effect and be in full force 28 until the final approval of the plan. 29 30 [Page 2 of 3] I SECTION 7. Severability. In the event any title, section, paragraph, 2 item, sentence, clause, phrase, or word of this ordinance is declared or adjudged to be 3 invalid or unconstitutional, such declaration or adjudication shall not affect the 4 remaining portions of the ordinance which shall remain in full force and effect as if 5 the portion so declared or adjudged invalid or unconstitutional was not originally a 6 part of the ordinance. 7 8 SECTION 8. Repealer. All laws, ordinances, resolutions, or parts of the 9 same that are inconsistent with the provisions of this ordinance are hereby repealed to 10 the extent of such inconsistency. 11 12 PASSED: 13 14 15 16 17 18 19 20 21 22 23 ATTEST: City Clerk APPROVED AS TO FORM: 24 City Attorney 25 26 27 APPROVED: Mayor [Page 3 of 3] tu, D P I E? 71, ED E-3 D C:] D D P ED Ll 0. 0 d [p aE] El Ej III E2 C CJCDP, PCD p PR ti dcllm D R5 Ej P€DUQ c3, F12 El OPR D V I El E? El 9 El L, j 3 L" E7 0 0 CUP R5 Q El 91 -JZ 0 2 Ej Ej 0 C17- U M311 za MI'V tj 64 U r--_j 3� U a -00 D - - - - - - 103 0 Cj D =1 u G C3 R El -Cj a 0 Cn - U'll I" U Area Zoning Case: Z-8587 Location: 5621 Young Road Ward: 2 PD: 13 CT: 20.02 TRS: TIN R12W31 0 125250 500 Feet 0 9. , U 0, 'm III LJ C 0 I Ell L 0 1 0 3 p D C]DC:1 Li OL---)O[mmj 0 .0 0 Elio C1 Q ram, QPK/OS Pi U E3 o p1m, CID En C� E� ED F:En JRV, C�3 CQJ 0 car,;,- jr a E- 9 0 0 0 �pnj flfl,8 P Land Use Plan Case: Z-8587 Location: 5621 Young Road Ward: 2 PD: 13 CT: 20.02 TRS: TINR12W31 0 125250 500 Feet PC (B' Z-8587 4D 5621 YOUNG ROAD P.C.D. City of Little Rock Department of Planning and Development Planning 723 West Markham Street Zoning and Little Rock, Arkansas 72201-1334 Subdivision Phone: (501) 371-4790 Fax: (501) 399-3435 or 371-6863 September 24, 2010 AAA Lock & Key Service 4013 Baseline Road Little Rock, AR 72209 Re: AAA Lock and Key Service Short -form PCD (Z-8587), located at 5621 Young Road Dear Sirs: This is to advise you that in connection with your request concerning the above referenced file number the following action was taken by the Planning Commission at its meeting on September 23, 2010: Approved with conditions. X Recommended approval with conditions. Recommended approval as submitted. Denied your request as submitted. Deferred to the Other: Meeting. The item will be forwarded to the Board of Directors for final action on October 19, 2010. You or your representative will need to be present at the public hearing. If you have any questions concerning any other matter please do not hesitate to contact me at 371-6821. Respectfully, Donna James, AICP Subdivision Administrator AAA Lock & Key Service, Inc location: 5621 Young Road Response to Planning Staff Comments: 1: Certified notifications sent to 6 abutting property owners 2: Site will not be used for open walk in business, showroom will be viewed by appointment only, our Corporate hours are from 8:00 a. m. to 9:00 p. m. 7 days a week, however this site will be used at irregular hours on a as need bases. See # 6 for further explanation. 3: 1-2 employees , 4: Not needed- no renovation on inside of building -this site will not produce enough waste that would require a dumpster. (existing site uses only city provided container since operation started in 1987) 5: Currently has Entergy lights on poles with lights directing down into site, also has small lights on side building. 6: C-3 zoning for office/showroom/warehouse. Site will be used for storage of new & used safes and safe moving trailer and equipment will also be stored in building. Showroom will be provided for customers to view safe/s prior to purchase, this will be done by appointment only. There is no immediate plans to use site for walk in business. This site will also be used to repair safe/vault doors which have been damaged and/or burglarized. #2-this is why the hours of operations are hard to be exact, there may be days we are not at this site then there may be times the site will be used daily. 7: Parking spaces included in site plan. (Total of 12, 1-handicap & 11 regular) 8: No signs proposed at this time. Existing signs will be removed. Site Planning Refer to site plan map for parking/driveway/trees/shrubs. Have agreed to remove loading dock and dock covering. Will remove dock cover at time of occupancy and would request up to 12 months to remove dock. There are no changes to the interior of the building. Have made contact with the Fire Dept. but with Holiday/weekend we have not received answer at this time concerning fire hydrant. Ln iiw Lines AR ?'220'9 Ln fir z~ a }� t 01 o Pstage 5 ti�' t t.• Cer ed Fse GL. V G:t y Oertiiied Fe^ ' Pnsirmst: M yii.�iu iiri 18 Hv1Z Return Receipt FB9 M (Endorsement Required) J f Few `� Ij j/ R-31LIMA rlirad} " ! Fee +�.L�? \ (Endorsers_ geslr t 'led Delivery Rsgy_ O (Erdorsement Requuad) R dl]e1lveryFee -moo 49Yt37-1 0'1�'. RGStriSie 1Si :�. �r..34 [ ndafs^ment ieq+stra]l & Fees 7a Z rU Total Postage - 5. 4 i)9i�r�/_Ql�] Il_I ' Gers :Y total Pos eSe a - ! gril.T( 4 _..._.._....kk - no So No. 3} �......nr:_..1�_ J j fiueP.F7t ��� �Irl ._. - »-- f °r- ." d 4rS- CO 1. J LT{T� E rcA ' 72209 _ I ��- LE ijJ f � r�JI Posiage Pasiage #i�, * i CertiSEd Fcz r ; _ certilied Fee � FGstmar S ti , � Retumt^e RecziptB �"��J Here O (Endorsement Required) j ] Retum Qaceipt Fee () r - [ ' r ] (Endorsement R quira9) ;: �! ' " Rzsrslctt d Uelivery Fee 00 Till ] ' [Endorsement Required) ReatrlCed 4e4iva Fee $�(j() M - (EndomllntRequired) tS1 i `5.5 %�. •} ] 7J2010 . r1••t Total Poslaye & Fees 3 r, rLi t! Total Postage Fees 51 1 !is rJ i U ' Er sent o liPs4 N� ayr r �e p s4raar. (}L�Z s� a _ _-------- or _�.._.._.._.__.}L. � �6 I` Po $O:: rVO. _�J ,.-_ __._... ,A1 •�t - Cliy _�T Ci f ��;•Gf� "J O; Ln co 2209 =I- Lj:2L-i ��,E-iGCK :Pk—1 9 Ln a 4 67-4 t Postage i �' i j - Ln 4 � nri �.•�i-{^ter-i •� r1 ^ O ^eriiiirdFz-n Cerftiiad Fee + -,k pasTmi±r;'-, t 4 : ¢SGC4arfi .0 Hefe © ReluMRei lnl'raG �.-1G- > O Return ReceVF-e ?, M (EndorsemantFequirA I O (Endorsement Required) O , Resirictad Cteltvar+Fee $0. r�asidciad pelivery Fee (ptco ern oelAtnt uife e + •— (EndorwinantRegatredj - 54 Ln nU Total Pasia-as ° Faa 'v rU Total Postage & Fees � ru ru - .1 t �Y�rL3 fh' L ....� ... o� rrS. T , 4 • -_KiI f .. �f.�8 Ai F.�... _. C3 J od�1_ _ -A------------- ._�_. -` �- _.- o o u N G �. t :-� oryoz'n:: tic. - r� 616.W.oap� N_._. , ,�-----------...._.._�_ - r` 4 - -7 2ZoC-3gv� ��lr S�_4e Et City of Little Rock Department of Planning and Development Planning 723 West Markham Street Zoning and little Rock, Arkansas 72201-1334 Subdivision Phone: (501) 371-4790 Fax: (501) 399-3435 or371-6863 DATE: August 16, 2010 Entergy (2) Center Point - ARKLA AT & T (2) Central Arkansas Water Little Rock Wastewater Pulaski County Planning Little Rock Fire Department NAME: AAA Lock and Key Service Short -form PCD TYPE OF ISSUE: Planned Commercial Development FILE NUMBER: Z-8587 LOCATION: 5621 Young Road Public Works: Engineering, Traffic (2) Parks and Recreation Department Planning and Development — Site Plan Review Planning and Development Graphics CATA TO WHO IT MAY CONCERN: On September 23, 2010 the Little Rock Planning Commission will consider the above referenced issue. NOTE: The Interdepartmental Meeting at which this issue will be discussed will be held on August 27, 2010. NOTE: The Subdivision Committee Meeting at which this issue will be discussed will be held on September 2._2010. A copy of the plan for the referenced issue is enclosed for your consideration, and your comments and/or recommendations will be appreciated. Sincerely, Donna Ja es, AICP Subdivision Administrator (Please respond below and return this letter with your comments for our records.) .Approved as Submitted. PLEASE RETURN COMMENTS BY August 30, 2010. Easement (s) required (See attached plat or description.) *To all utilities: If an easement is requested which is in excess of 10 feet in width, provide justification for the easement or the request will not be included in the Planning Commission agenda. Comments: LOIN City of Little Rock Department of Planning and Development Planning 723 West Markham Street Zoning and Little Rock, Arkansas 72201-1334 Subdivision Phone: (501) 371-4790 Fax: (501) 399-3435 or 371-6863 DATE: August 16, 2010 Entergy (2) Center Point - ARKLA AT & T (2) Central Arkansas Water Little Rock Wastewater Pulaski County Planning Little Rock Fire Department NAME: AAA Lock and Key Service Short -form PCD TYPE OF ISSUE: Planned Commercial Development FILE NUMBER: Z-8587 LOCATION: 5621 Young Road Public Works: Engineering, Traffic (2) Parks and Recreation Department Planning and Development — Site Plan Review Planning and Development Graphics CATA TO WHO IT MAY CONCERN: On September 23 2010 the Little Rock Planning Commission will consider the above referenced issue. NOTE: The Interdepartmental Meeting at which this issue will be discussed will be held on August 27, 2010. NOTE: The Subdivision Committee Meeting at which this issue will be discussed will be held on September 2, 2010. A copy of the plan for the referenced issue is enclosed for your consideration, and your comments and/or recommendations will be appreciated. Sincerely, Donna James, AICP Subdivision Administrator (Please respond below and return this letter with your comments for our records.) Approved as Submitted. PLEASE RETURN COMMENTS BY August 30, 2010. Easement (s) required (See attached plat or description.) *To all utilities: If an easement is requested which is in excess of 10 feet in width, provide justification for the easement or the request will not be included in the Planning Commission agenda. Comments: By: Enclosure Wakefield Neighborhood Association P O Box 21414 Little Rock, AR 72221 sh a ro n sta rk(o)sbcg I o bal . net September 13, 2010 Planning Commission City of Little Rock 500 W Markham Little Rock, AR 72201 RE: AAA Lock & Key Z-8587 September 23 The Wakefield Neighborhood Association, a private non-profit, would like to voice its approval for the zoning 5621 Young Road, 72209, the former Patterson Dental Clinic. We understand that AAA Lock & Key, located on Baseline Road wants to use this property as warehouse and storage. We understand this would not be a retail space and would not be open to customers. It will certainly be an asset to the Young Road neighborhood. Thank you for your consideration, Sharon Stark Wakefield Neighborhood Association Sep 0810 03:03p 501-562 �804 p.2 SEP-98--2810 14:47 AMERICAN AHST P.02 American Abstract and Title Company 12614 Cantrell Road Little Rock, AR 72223 501-227-8603 File # 10-067063-700 Date: 9-8-10 Legal Description: All that part of Tract 5, Lee Miles Subdivision of part of Section 31, Township 1 North, Range 12 West, Pulaski County. Arkansas, which lies North of the North right of way line of Interstate Route 30, now in 1he ay of Little Rock, Arkansas. Parcel No 34L4040fl00900 Property Address: 5e21 Young Rd, Little Rock, AR 72209 This is to certify that we have checked the rewrds of Pulaski County, Arkansas relative to the above -described land and the following represents the apparent owners lying within 200 feet thereof: 1) Ralph McDaniel 10101 Mabelvale Plaza Drive, Ste 9 Little Rock, AR 72209 2) Aubrey H Brown Jirnroy Brown Estate Executor 309 S Longfield Ave Sherwood. AR 72120 3) John Mattingly 7616 Woodson Rd. Little Rock, AR 72209 4) Ernest C Jones 5600 Young Rd Little Rock, AR 72209 5) 7hornas L. Turnbo 5605 Young Rd Little Rock, AR 72209 6) Liberty Missionary Church 5600 Young Rd Lillie Rock, AR 72209 Sep 0810 03;03p 501-662-5804 p 3 SEP-06-2010 14:47 AMERICAN A3ST P.03 This Owncs�;hip seaMn is a Ilm;ted search of the tecdrds ands no, to be conslwed as a Title Insuanue Policy, Legal Opinion, or Camini rnent to IMLre. The addresses shown were obtained from the curnenI tax recor*2 and directories. Therefore we cannot guarantee thslr vviddy. We knit 9'rr liability to the amouni chageit for tnis search. if any gLoWtiona should arse Nease asntac# the Title DeAartrleni f Amc��Can Abstrae t anc Titre Company. W)--L"V eat:T Sharp American Abstract & Title Company License # 3261 Se TOTAL. P.03 sfpzd.doc 03/01/10 NOTICE OF PUBLIC HEARING BEFORE THE LITTLE ROCK PLANNING COMMISSION ON AN APPLICATION TO ESTABLISH A SHORT -FORM PLANNED ZONING DEVELOPMENT To ALL owners of land lying within 200 feet of the boundary of the property located at: Address: 6 2 RD4 0 412 General Location: O F 1p ��= S "a vN� L L Ownedby: 11AR11ru Cd (-1 NOTICE IS HEREBY GIVEN THAT an application r a Planned Zoning Development of the above property requesting a change of classification from J� r Z District to �,��-� has been filed with the Department of Planning and Development. A public hearing on said application will be held by the Little Rock Planmn Commission in the Board of Directors Chamber, Second Floor, City Hall, on 50 Y> T 2 2 [] f , at Y : Oo P.M. ALL PARTIES IN INTEREST MAY APPEAR and be heard at said time and place, or may notify the Planning Commission of their views on this matter by letter. All persons interested in this request are invited to call or visit the Department of Planning and Development, 723 W. Markham, 371-479D, and to review the application and discuss same with the Planning staff. AFFIDAVIT I hereby certify that I have notified all the property owners of record within 200 feet of the above property that subject property is being considered for rezoning and that a Public Hearing will be held by the Little Rock Planning Commission at the time and place described above. Applicant (owner or whori� zed aa, ent) A V/b tJ 613 Ll (Name) 2 6210 (Date) Lrj ru LITTLE ROO.. 45 [' ry�Si�Rz t Poslage 5 44 wic� Ge .l iad Feet .., Ln CerUfled Fey I�'�2.�1 postm=rl; � �•� � [ J- Here - IM Retum Receipt Fee 0 RatumRes eipt!,3e $1330 O (EndorsenentRequi-TM f I] (Endorsement RequtOM r �- gW6Cteti❑ellVMFee (ErdwsermVPegruii• 1 `� RestictedF]eSveryFara MOOired) o (EndorsemaolF[Squired) ul ?,•5rT 49'197k6lb'- 111 ;. iJ9r (�7i ?Ql�! R1 Total PostageFees .y R! 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MH # Seq T.ex�ea Accaml Type Land EA Map S* - Parert Pwef It TaxYf ' �—� 34L 423W 005.00 ��a01 �Residertial3495 �� J� - j �s95 2010 --- f -•. __— __ E I Summmy I Land Legal Adrriniahative Summery Ad�w Dataas I Photos and Sketches Documents View HiSlGfy j t7w rsir;p . *a 1 of I ► J propert jwo: 'Name Approach R reran 7 MAT;;INGLYJOHNA Courfty 1�� 7fi1$bVOQ SOtt Str# Oir flame T apRroacif !Market 7618 1 -J IwOooson J � Ezon Areas �—W taslki LrrrLE ROCK .AP 72209-39G5 N00 Ct Zip a g �11 Gntr, U1-1•L"c ROCK J 72209-3905 11 ai 1 ►j Arzihfgr I113A J BPr Heighborhood tnformaWn property Sales History U 1 Prop Type 11brd Em Acf Recp I I Deed -Tj Dcc Dt I Sale Dt I Sale P 1 Grantor d maim F, 9623400 'DEED 411P1-q96 411i 159fi 52 a t 1 +� Bld T' a f]uahly Com 5 Feat Cos! 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E ��� E gI Z2 Active Pro 34L-424-00-001-00 •. j �:� GroupAcd# Patcai 4 Loca 4 - MH t laq TaxAma Account Type Land � Map Svhx Parent Pwc-tt H TdxYi - v` 341-424-DO.001-00 ��� �Or1n .LLJ Res:derdial 1922 19Z2 2(110 i Summary Land Legaf I Adrrir>uugyeSummaryj AdustmentlDeta@sj Photos and Sketches Dacumerets dew History Dvrmermbip E 1 ai i 1 i li Prmmrs Property info? Mime approach C� ON ES EAPILE5, C.TOrl H - - - County 1 � 55600 Y0MG RD Suit pa !Fame L EzaAp;r-Are Icy al (r600 YOUNG J RD Enan Area rplpPulasfd Na# city TAR a" £7PJ 0* LETTLE ROCK AR TMc209 I ���� .Act Ilgr �I DA-_ $A r LfiTLE ROCK r 220. 0000 i 1 of i p Heightwrirp4d Inforniebon Properly Sales kiixlory U PropType Nbtid Ext Adi Racp Deed 71 Doc Dt Safe Dr I Sa* P Grantor d r. 00033 63 ZRD E'1E1c000 sJ1�42000 $34,000 j MATnNGLYTOJONES 9E2840i :DEED 41111996 ! 4/1li996 $2 l � I � I - BGiv Tspe 4uaR %Com Sq Feet Casr. 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I Rem I 81Ws Cls J&d6or I SF I S tiv Bdrm 6 alld MH Make I MHLI MHV' Blda TU a Desc Units 9 1 . 1954 0 Ranch 1 Story i Frame Pivwoo. 816 11 0 1 0 0 1 Add Or Site lrnptovcr i 1 1 Porch Slab RoofCed:96 v Lar1d Cost Market Income RecreiaEed ie ' i i i38,810 $86,410 t $0 St] 1 - �• GYaYCl7:�-�C�"_r _I r ..-:':th L-=yt`'- r _ i. l_-�-.�-x= 'tif�+�^_�-:eta is :�fwt�'i.ay. .. - - - ��i �_:� •;�� yam' y .. .•. . Search by accountorparcel number. CAPS tium 7 7 File View EErrt Records Reports Help _�.j rFA. I iv @jai al J;]Ibl 1 ML PirdfJ34L-404-08-001-00 GmmDAc-dA Faic:S # Local d MH$ Sea TvAma Account Type FaremParceit TaAW F-- 1501 --J F .A! OB-001 2610 --Jj34L,4G4 .00 1 1 Re'siderRiaa J2203 -!j 12203 Summaty Land Leg4l Admnatiat6e Summar ot a etches Documents VkIN _y] Achustment Detail� Ph o: nd S k _Docume-- s ipswfy �10 -.�J,Propedy Into t game App-ach C e rmjs_ LURnBOTHOVAS L County 5505 YOUNG RD Str Olf Norm T YIL-] ApWDa5,.l% larkel. Eco. A,--zt Pulaskf -JIYOUNG -:j I RD No* Ctf zm 9ld9s J1 0* Lfi 'LE ROCK AR 72299-2835 [LrrrLE ROCK :-17220g2618 i 1 of T Act 49' Property Sakm Himitery U Przp 7. ype Ib." IA Ado Recp 4 Deed $1 DGc ut saleDt Sate P Grantor P 'W.W.Immm 9"4478 DEED V111994 V11,1994 S17 d 937E6II DEED W111993 I 111jIM 55 a t Idq I T I Quabty carnSi I'Bel Cost $ 1 Market $ 1Income $ Reconcile s Bldg Occupangy X I Abstract A ie 1 - 100 - Sing[i! Farm 100%! 0401 2d2lYffil ReMISILAs - [Cls [ENteflor ISF I Stryl Bdrml Path I MH =H-Ae i MH1rIldi, I T,,* I Om I U64 1 1326. 0 Hanrh I Story Frame Siding r 1754 1 10 j1.5 .0 .0 1 Porch Slab Hoot Celt 6l) , P 1 User , Sub 2203 !1 Land Search byaccount orparcel r.0111D=I. F-W Cnat Market Income Reconciled 11 -45fj so so -7 APS NUM LIBERTY IJESUNARYCH C pis c30YDONG Rr7 Str Qr Name i aa. �,� Yc-uNG ��fCun Nu# C Z� Appmch5600 AreaLtrILE ru ROCK AR 77�'09 3907 UT LE ROCK - � 1 of 1 F� Aw �S>� ` Neighborhood tnfarrrretion Property Sales History U Recp A! 1046d l Doc 11, Sak Dt Sale P Grantor d Prulyr,' Ubad E4 .,d; i a — Ik — 1 13 Idg f ype 4uabt Com S Feel Cosl S Market $ Igome $ lRecqn6les I ldaTbccupanqv I I Abstract I' r 1 •97-Unknown Frc;100% 0401 Pld7qY,Bltl Rem BIttAs lCls IEAefior ISF I S trd 8 dA 8A MH Make M4HL MH+�rl:A',dd Dftn urvts 1 ; 0 ;a Mix Imps j j None D 11 i 10 t 0 deeds Update' 1 Needs Updatc 1 Needs Update 1 �J NOTICE OF PUBLIC HEARING BEFORE THE LITTLE ROCK PLANNING COMMISSION ON A REQUEST FOR A REZONING THROUGH A PLANNED DEVELOPMENT TO ALL RESIDENTS IN THE VICINITY OF THE PROPERTY AT: GENERAL LOCATION OR ADDRESS: 5621 Young Road OWNED BY/APPLICANT: David Noble Owner — AAA Lock and Key Service REQUEST: AAA Lock and Key Service Short -form PCD Z-85$7 a re nest to rezone this site from R-2 Single-family with a non -conforming commercial status to Planned Commercial Development to allow the use of the site as a safe and vault office/showroom/warehouse use. NOTICE IS HEREBY GIVEN THAT an application for Planned Zoning Development of the above property has been filed with the Department of Planning and Development. A public hearing will be held by the L. R. Planning Commission in the Board of Directors Chambers, 500 West Markham Street, 2nd Floor City Hall, on September 23, 2010_at 4:00 P.M. This notice is provided in order to assure that area residents are aware of issues that may affect their neighborhood. Information requests should be directed to the Planning Staff (Donna James) at 371-4790. NOTICE OF PUBLIC HEARING BEFORE THE LITTLE ROCK PLANNING COMMISSION ON A REQUEST FOR A REZONING THROUGH A PLANNED DEVELOPMENT TO ALL RESIDENTS IN THE VICINITY OF THE PROPERTY AT: GENERAL LOCATION OR ADDRESS: 5621 Young Road OWNED BY/APPLICANT: David Noble Owner — AAA Lock and Key Service REQUEST: AAA Lock and Key Service Short -farm PCD Z-85$7 a request to rezone this site from R-2 Single-family with a non -conforming commercial status to Planned Commercial Development to allow the use of the site as a safe and vault office/showroom/warehouse use. NOTICE IS HEREBY GIVEN THAT an application for Planned Zoning Development of the above property has been filed with the Department of Planning and Development. A public hearing will be held by the L. R. Planning Commission in the Board of Directors Chambers, 500 West Markham Street, 2°d Floor City Hall, on September 23 2010 at 4:00 P.M. This notice is provided in order to assure that area residents are aware of issues that may affect their neighborhood. Information requests should be directed to the Planning Staff (Donna James) at 371-4790. ZNUMB OCCUPANT ADDRESS Z8587 OCCUPANT 5412 YOUNG RD Z8587 OCCUPANT 5505 YOUNG RD Z8587 OCCUPANT 5600 YOUNG RD Z8587 OCCUPANT 5621 YOUNG RD Z8587 OCCUPANT 5716 YOUNG RD Z8587 OCCUPANT 5720 YOUNG RD Z8587 OCCUPANT 5800 YOUNG RD Z8587 OCCUPANT 7616 WOODSON RD Z8587 OCCUPANT 7618 WOODSON RD APT UNIT ZIPCITY AR ZIP LITTLE ROCK AR 72209 LITTLE ROCK AR 72209 LITTLE ROCK AR 72209 LITTLE ROCK AR 72209 LITTLE ROCK AR 72209 LITTLE ROCK AR 72209 LITTLE ROCK AR 72209 LITTLE ROCK AR 72209 LITTLE ROCK AR 72209 City of Little Rock Department of Planning and Development Planning 723 West Markham Street Zoning and Little Rock, Arkansas 72201-1334 Subdivision Phone: (501) 371-4790 Fax: (501) 399-3435 or 371-6863 NOTICE OF PUBLIC HEARING BEFORE THE LITTLE ROCK PLANNING COMMISSION ON A REQUEST FOR A USE CHANGE OR DEVELOPMENT OF LAND DATE: August 17, 2010 TO: Upper Baseline Neighborhood Association ATTENTION: Pat Gee ADDRESS: 8409 Dowan Drive Little Rock. AR 72209 REQUEST: AAA Lock and Key Service Short -form PCD Z-8587 a reQuest to rezone this site from R-2 Single-family with a non -conforming commercial status to Planned Commercial Development to allow the use of the site as a safe and vault office/showroom/warehouse use. GENERAL LOCATION OR ADDRESS: 5621 Young Road OWNED BY/APPLICANT: David Noble Owner — AAA Lock and Key Service NOTICE IS HEREBY GIVEN THAT an application for a Planned Residential Development of the above property has been filed with the Department of Planning and Development. A public hearing will be held by the L.R. Planning Commission in the Little Rock Board of Directors Chambers, second floor, City Hall, 500 West Markham Street, on September 23,2010 at 4:00 P.M. This notice is provided in order to assure that neighborhood associations are aware of issues that may affect their neighborhood. Information requests should be directed to the Planning staff at 371-4790. Tony Bozynski Director of Planning and Development EtCity of Little Rock Department of Planning and Development Planning 723 West Markham Street Zoning and Little Rock, Arkansas 72201-1334 Subdivision Phone: (501) 371-4790 Fax: (501) 399-3435 or 371-6863 NOTICE OF PUBLIC HEARING BEFORE THE LITTLE ROCK PLANNING COMMISSION ON A REQUEST FOR A USE CHANGE OR DEVELOPMENT OF LAND DATE: August 17, 2010 TO: Wakefield NA ATTENTION: Glenn Schwartz ADDRESS: 67 South Wakefield Dr Little Rock AR 72209 REQUEST: AAA Lock and Key Service Short -form PCD Z-8587 a re nest to rezone this site from R-2 Single-family with a non -conforming commercial status to Planned Commercial Develo inent to allow the use of the site as a safe and vault office/showroom/warehouse use. GENERAL LOCATION OR ADDRESS: 5621 Young Road OWNED BY/APPLICANT David Noble Owner — AAA Lock and Key Service NOTICE IS HEREBY GIVEN THAT an application for a Planned Residential Development of the above property has been filed with the Department of Planning and Development. A public hearing will be held by the L.R. Planning Commission in the Little Rock Board of Directors Chambers, second floor, City Hall, 500 West Markham Street, on September 23, 2010 at 4:00 P.M. This notice is provided in order to assure that neighborhood associations are aware of issues that may affect their neighborhood. Information requests should be directed to the Planning staff at 371-4790. Tony Bozynski Director of Planning and Development City of Little Rode Department of Planning and Development Planning 723 West Markham Street Zoning and Little Rock, Arkansas 72201-1334 Subdivision Phone: (501) 371-4790 Fax: (501) 399-3435 or 371-6863 NOTICE OF PUBLIC HEARING BEFORE THE LITTLE ROCK PLANNING COMMISSION ON A REQUEST FOR A USE CHANGE OR DEVELOPMENT OF LAND DATE: Au;7ust 17,_ 2010 TO: Southwest Little Rock UPS ATTENTION: _ _ Marti Baker _ ADDRESS: 11010 Dogwood Cove Little Rock AR 72210_ REQUEST: AAA Lock and Key Service Short -form PCD Z-8587 a request to rezone this site from R-2. Single-family with a non -conforming commercial status to Planned Commercial Development to allow the use of the site as a safe and vault office/showroom/warehouse use. GENERAL LOCATION OR ADDRESS:. 5621 Young Road _ OWNED BY/APPLICANT: David Noble Owner — AAA Lock and Key Service NOTICE IS HEREBY GIVEN THAT an application for a Planned Residential Development of the above property has been filed with the Department of Planning and Development. A public hearing will be held by the L.R. Planning Commission in the Little Rock Board of Directors Chambers, second floor, City Hall, 500 West Markham Street, on September 23, 2010 at 4:00 P.M. This notice is provided in order to assure that neighborhood associations are aware of issues that may affect their neighborhood. Information requests should be directed to the Planning staff at 371-4790. Tony Bozynski Director of Planning and Development sfpzd.doc 03/01/10 APPLICATION FOR PLANNED ZONING DEVELOPMENT - SHORT FORM e� CASE FILE NO. Z- ni �j PLA ONUVMSION MEETING DOCKETED FOR at M. Application is hereby made to the Board of Directors of Little Rock, Arkansas through the Planning Commission pursuant to Arkansas law on City planning, Act 186 of 1957, Acts of Arkansas, and Section 36 of the Little Rock Code of Ordinances as amended, petitioning for classification of the following described area as a Short Form Planned Zoning Development. Legal Description- �"%V -� tier C--)'3 6C Title to this property is vested in: W u) c If an individual other than the title holder files this application, attachment of a letter is required authorizing this person to act on behalf of the title holder. It is desired that the boundaries shown on the District Map amended and that this area be amended and that t 's area be reclassified from the present _ i� tract to r��t District. Present Use of Property: ,o J C & P-A m o r' 92-- Desired Use of Property: m FP1 cw fS A owl part / W ,4/t PA 0 4S'P sel Pc46 C 3 It is understood that notice of the public hearing hereon before the Little Rock Planning Commission will be published at least fifteen (15) days prior to said hearing in a daily newspaper as required by Act 186 of the 1957 Acts of Arkansas and Section 23 of said Ordinance, and that notice of preliminary hearing before the Commission must be circulated by the applicant to all other parties in interest, including owners of Iand within 200 feet of the boundary of the area under consideration as required by the rules of the Commission, and that the cost of these notices shall be borne by the applicant. (OWNER) MAIL ADDRESS: 7 O l 3 13A-5r:7 (-1 PjC P O 7 7-20 � or (AGENT �. s i I HOME PHONE: 9 2 Q— 9 3 6 7 c e l/ U F BUSINESS PHONE: FILING FEE: P.C. APPROVED: l �j LO Collectors P.C. DENIED: paid stamp BD. OF DIR. APPROVED: n i here ORDINANCE NO. SignatgW,of qdretary of Commission or Authorized Agent sfpzd.doc 03/01/10 INFORMATION SHEET FOR SUBDIVISION, PZD's ZONING OR SUBDIVISION SITE PKAN REVIEWS ITEM NO. DATE FILE NO. Z. - 35 NAME - LOCATION: DEVELOPER: vv '-I CCU- --�C.L+ t �V� �- Y IL) "_L, STREETADDRESS q 7 7.►.�►1�s--�J CITY/STATE/ZTP e^ TELEPHONE NO. 'cl-k 1 ENGINEER: STREET ADDRESS Gi ��-'�•� CITY/STATE/ZIP ( <- ' C <n--• 1 7- TELEPHONE NO. - /, AREA I - 6 c, "`�� %—� NUMBER OF LOTS FT. NEW STREET 1F-3 ZONING L �'L+- �-�-�� PROPOSED USES PLANNING DISTRICT CENSUS TRACT VARIANCES REQUESTED 1.) 2.) 3.) 4.) 4�',,!' IF ira.4 6u Gauntry tilt, Underf-trJecl a w!10 rRotk_y AC, d sictijiK, Ficy x. ri Or 0 1 r ?o i nEr imptrw-joyfit of 17rl t 1 -V.I. -a E; he �Tnn_ ar ,.4 p31%.�-Ose1j there, n fL tine}tine}Caml its gush Nutt.ry ub 1 1 y f f6PAL) CG-mm1631!jn exp. Apr. 7. 1930. L Filed :(-,r Nov, 2nc), i5cg at ,,.)..j0 p, 11. 7- O� 1� KC, J, It , LEA L C, th e TJUh_r!4 7 Injon -af 'be A, Begin an 2;,_,3tth rouriary line If the ecu-th. mr,�jf (S�) of the quer-dr of 6ec r, ion 11 Township Ncor �; � ?,� �e 'i � 7 1. - ", _. Ml- -he _L�%t South u6ld Lf Vvr-,bweiat i3ou,!i boune—ary 1-iile thence '.74i'st South Urm. 'I ;?6 c !1 ow,h 5 all (I i�y SE, rn,, 7 tohv ab E,`.i �C' r iL, e"I ' ..atel) In Aolaskl OnInity, Arkanvae , Ctr.d �'JOLZE'. tos.L1c--_. tw -mcto Trlth' v k� a for t1l" pu�ie; nf ol b - d C 7' C, ,Af -,F47, �j �7 rlan.- 0ni h zhrrays cor..Orl to C.:- I " 3p, nnd deed c:,(, In ar. on �!)o 1�1 Z:.t s i-j L� 11 to 1�, a lt;ient Ckn3c;,. t i. i- '. � " -- , ; 6 1 L _: X C' 7 t 0 1 V t h e t k ot asting pi� all 111 U nt co t L r, r! Co n. to 4j r- (",rdox of Deeds -,V. r.uc`_,n 1:u1a8k_! And I qu I a h al] my mid Fa,nuz�&ad il. sebA7 t1711S 21,'t�h Of C 1', Coi2ntr :,f Pulz,,ski: BE 'IT " ". .11-Y .:ivrc -x. f�e of t�r C o ri'm nd Lee Ull"ala --'nd —ijfe, I reed mid mated -.hct 4;-r.w Ud :e "rj -r!y a! 0G '1C1_U:1'i!y (ip�c,*.re<) �f -)16 S., 1 7% %1!C CIL 6� knonn nrid Ar. tite ab im 5 1 ad, ht�r jr!j� txee axec�_ted tr�ld te�d - "n _aviA lhtit eb,,! .�, f . fil�rng 41 C, f i.--Af 1)nwer and Hewoateadi In tie F.ir�LiO, re&d_f-,x _-Mr silgir.,l'-M !.-mve fnd n o.,,niainod ezd set fortb, without ooznpllnlon r..,� .,wl :"evl j;ii kich qf, Public or thlo ritty 6 f, o ..D 10 y P; AQ iy Cor.- au.o IMi :TO, UU PLAT 1�100X VAGV4 19-,1 nt 10.07 A. !!. rind recorded Dict:. X Real Estate Contract MCDANIEL & CO. REALTORS@, INC. copyright 10101 Mab&ale Plaza Suite #9 2010 (Commercial) �" Arkansas Little Rock, Arkansas 72209 EQUAL ROUSING PIALTOR w Phone 501-562-2000 Fax 501-568.0533 OPPORTURrry REALTORS@ Page 1 of 10 Association Form Serial Number: 01M BDH L—OU2fQ0 1. PARTIES:u` (individual)` or c Ilective)y, the "Buyer') offers topurchase, subject o the terms and conditions set forth herein, from (individually or collectively, the "Seller"), the real prop y described in Paragraph 2 of this Real Estate Contract (the "Property"). 2. ADDRESS AND LEGAL DESC P. ION* � r OF 3. PURCHASE PRICE: Buyer shall pay the following to Seller for the Property (the "Purchase Price") $ payable as follows. - Licensed to MCDANIEL AND COMPANY (01K) (Page 1 of 10) Form #ARA26, Rev. 091014 Real Estate Contract MCDANIEL & CO. REALTORS@, INC. co"'i", 10101 Mabelvale Pla;a Suite #9 2010 (Commercial) Little Rock, Arkansas 72209 11:12tArkansas REALTOR" EQUAL HOUSING REALTORS@ Page 2 of 10 Phone 501-562-2000 Fax 501-568-0533 Association Form Serial Number: 01 MCR-8DBSGL—OU2QO1 4. CONVEYANCE: Unless otherwise specified, conveyance of the Property shall be made to Buyer by general warranty deed, in fee simple absolute, except it shall be subject to recorded instruments and easements if any, which do not materially affect the value of the Property. Unless expressly reserved herein, SUCH CONVEYANCE SHALL INCLUDE ALL MINERAL RIGHTS OWNED BY SELLER CONCERNING AND LOCATED ON THE PROPERTY, IF ANY, UNLESS OTHERWISE SPECIFIED IN PARAGRAPH 16. IT IS THE RESPONSIBILITY OF THE BUYER TO INDEPENDENTLY VERIFY AND INVESTIGATE THE EXISTENCE OR NONEXISTENCE OF MINERAL RIGHTS AND ANY LEGAL RAMIFICATIONS THEREOF. Seller warrants and represents only signatures set forth below are required to transfer legal title to the Property. Seller also warrants and represents that Seller has peaceable possession of the Property, including all improvements and fixtures thereon, and the legal authority and capacity to convey the Property by a good and sufficient general warranty deed, free from any liens, leaseholds or other interests. 5. TITLE INSURANCE: Buyer and Seller understand that Listing Firm and Selling Firm are not licensed title insurance agents as defined by Arkansas law and do not and cannot receive direct or indirect compensation from any Closing Agent regarding the closing process or the possible purchase of title insurance by one or more of Buyer and Seiler. Regardless of the policy chosen, Buyer and Seller shall have the right to choose their Closing Agent(s). Within days of acceptance, Seller shall furnish to Buyer a commitment for an American Land Title Association (ALTA) owner's title insurance policy in the amount of the Purchase Price issued by a company of Seller's choice authorized to insure title to real property in the State of Arkansas and which company is reasonably acceptable to Buyer. Where the title commitment shows special exceptions to title other than those standard exceptions contained in the ALTA commitment form, and where such special exceptions relate to restrictions, conditions, defects or other matters that would interfere with Buyer's use or adversely affect the value of the Property, then within days of delivery of the title commitment, Buyer shall deliver written notice thereof to Seller. Such notice shall state specifically those exceptions to which Buyer objects. All objections not specifically enumerated within such a timely delivered notice shall be deemed to be waived by Buyer. Within �� days of Buyer's delivery of notice of objections to Seller, Seller may cure such objections or have the exceptions waived or removed by the title company issuing the commitment. If, within such lS day period, Seller fails to cure and/or waive such objections and exceptions, or within that period, Seller delivers written notice to Buyer that it will not so cure, then within 4 days from delivery of such notice from Seller or the end of the period within which Seller may cure (whichever is applicable), Buyer shall have the option to: a. Terminate this Real Estate Contract by delivering written notice thereof to Seller, in which event all sums paid or deposited by Buyer shall be returned to Buyer; or b. Agree to purchase the Property as scheduled subject to such objections and exceptions with no reduction in the Purchase Price; or c. Agree to extend the Closing date for days to give Seller additional time to cure such objections. If Buyer fails to deliver notice of termination or grant an extension of the Closing date within that period, the objections shall be deemed to be waived and the transaction shall close as scheduled. Seller shall furnish the committed owner's title insurance policy as soon as practicable after Closing, and shall pay all expenses related to the owner's title insurance policy. Licensed to MCDANIEL AND COMPANY (01 K) (Page 2 of 10) Form #ARA28, Rev. 091014 Real Estate Contract MCDANIEL & CO. REALTORS@, INC. Copyright 10101 Mabelvale Pla;a Suite #9 2010 (Commercial) Little Rock, Arkansas 72209 Arkansas REALTORO�PPORTUNR'V REALTORS@ Page 3 of 10 Phone 501-562-2000 Fax 501-568-0533 Association Form Serial Number: 0IRMCR-8DBSGL-0U2Q01 6. EARNEST MONEY: Earnest money is in the amount of $ ("Earnest, Money") which shall apply toward Buyer's Purchase Price or transaction costs. If title requirements are not fulfilled or if those contingencies providing for an Earnest Money refund are not satisfied, Earnest Money shall be promptly refunded to Buyer. If Buyer fails to fulfill his obligations under this Real Estate Contract, or if after all conditions have been met Buyer fails to close this transaction, Earnest Money may, at the sole and exclusive option of Seller, be retained by Seller as liquidated damages. Alternatively, Seller may return Earnest Money and assert all legal or equitable rights that may exist as a result of Buyer breaching this Real Estate Contract. Buyer warrants, represents and acknowledges that the check tendered will be honored upon presentation to Buyer's bank, and that Buyer shall be in default of this Real Estate Contract if the check is not honored upon first presentation to Buyer's bank. Buyer understands that failure to tender Earnest Money as required by this Paragraph 6 shall constitute a breach of this Real Estate Contract. Buyer and Seller agree that in the event of any dispute concerning entitlement to Earnest Money, Listing Firm may interplead Earnest Money into a court of competent jurisdiction, and upon such interpleading of Earnest Money, both Listing Firm and Selling Firm shall be released from liability to Buyer and Seller. Listing Firm shall be reimbursed all costs and attorney's fees from the funds en=.Earnest leading. Money is tendered by Buyer in the form of ❑ cash check. If Earnest Money is tendered by check, it will be made payable to Listing Firm. Earnest Money will be deposited by Listing Firm no later than three (3) business days following the date this Real Estate Contract has been signed by Buyer and Seller. ❑ B. Earnest Money will be tendered by Buyer in the form of ❑ cash ❑ check. If Earnest Money is tendered by check, it will be made payable to Listing Firm. Earnest Money will be deposited by Listing Firm within three (3) business days fallowing the date this Real Estate Contract has been signed by Buyer and Seller. (If Earnest Money is not to be tendered within three (3) business days after this Real Estate Contract has been signed by Buyer and Seller, see Paragraph 16 for further explanation.) ❑ C. No Earnest Money will be tendered. References to Earnest Money in this Real Estate Contract shall not be applicable and are deemed deleted. 7. SURVEY: Buyer has been given the opportunity to obtain a new certified survey. Should Buyer decline to obtain a survey as offered in Paragraph 7A of this Real Estate Contract, Buyer agrees to hold Seller, Listing Firm and Selling Firm involved in this Real Estate Contract harmless of any problems relative to any survey dis=Anew fmay exist or be discovered (or occur) after Closing, survey satisfactory to Buyer, certified to Buyer within thirty (30) days prior to Closing by a registered land surveyor, ❑ showing property lines only ❑ shqw4ing all improvements, easements and any encroachments will be provided and paid for by: Ci'8uyer❑ Seller ❑ Equally split between Buyer and Seller. (See Paragraph 17 for any specific survey requirements.) ❑ B. No survey shall be provided. ❑ C. Other: Should Buyer agree to accept the most recent survey provided by Seller, this survey is for information purposes only and Buyer will not be entitled to the legal benefits of a survey certified in Buyer's name. Licensed to MCDANIEL AND COMPANY (01K) (Page 3 of 10) Form #ARA28, Rev. 091014 Real Estate Contract MCDANIEL 8 CO. REALTORSO, INC. copyright 10101 Mabejvale Plaza Suite #9 2010 (Commercial) Q Arkansas Little Rock, Arkansas 72209 �� EQUAL HOUSING Page 4 of 10 Phone 501.562-2000 Fax 501-568.0533 REALTaR OPPORTUNITY REALTORS@ 9 Association Form Serial Number: 0IRMCR-8DBSGL—OU2QO1 8. PRORATIONS: Taxes and special assessments due on or before Closing shall be'.paid by Seller. Any deposits on rental Property are to be transferred to Buyer at Closing. Insurance, general taxes and special assessments, rental payments and interest on any assumed loans shall be prorated as of Closing, unless otherwise specified herein. 9. FIXTURES AND ATTACHED EQUIPMENT: Unless specifically excluded -herein, all fixtures and attached equipment, if any, are included in the Purchase Price. 10. CLOSING: Closing is the date and time at which Seller del' ers the executed and acknowledged deed. Buyer and Seller agree the Closing date will be (month) ej?tV (day)3 � , (year) fd . The Closing date may be changed by written agreement of Buyer and Seller. If the sale is not consummated by the Closing date (or any written extension thereof), the, 'parties shall have the remedies available to them in equity or at law, including the remedies available to them inaragraph 6. Buyer and Seller shall have the right to choose their Closing Agents) and are not relying on Listing Firm or Selling Firm to choose a Closing Agent. Should Buyer ar Seller choose the services of a Closing Agent(s) other than Selling Firm or Listing Firm, then Buyer and Seller each jointly and severally agree to indemnify and hold Listing Firm and Selling Firm harmless for all intentional misconduct and negligent acts (including acts of omission) of the Closing Agent(s). This Real Estate Contract shall serve as written closing instructions to the Closing Agent on behalf of the Buyer and Seller. The Closing Agent(s) is/are authorized to provide Seller's settlement statement to Listing Firth (in addition to Seller) and Buyer's settlement statement to Selling Firm (in addition to Buyer) prior to settlement so that Buyer, Seller, Listing Firm and Selling Firm shall have a reasonable opportunity to review prior to Closing. Buyer and Seller shall each have the right to request that title insurer(s), if any, issue closing protection, to indemnify against loss of closing funds because of acts of a Closing Agent, title insurer's named employee, or title insurance agent. Any cost for closing protection will be paid by the requesting party(ies). Listing Firm and Selling Firm strongly advise Buyer and Seller to inquire of the Closing Agent(s) about the availability and benefits of closing protection. Unless otherwise agreed by Buyer and Seller, transaction costs will be paid by the party indicated below. Seller: Buyer: Title Examination or search fees Recording fees Premium for owner's title insurance policy Premium for mortgagee's title insurance policy Preparation of conveyance documents Preparation of loan documents One-half of escrow fees One-half of escrow fees One-half of documentary stamps One-half of documentary stamps Other charges as customarily paid by Seller Other charges customarily paid by Buyer IRS Notification form 11. POS SION: Possession of the Property shall be delivered to Buyer: (Check one) A. Upon the Closing (Seller's delivery of executed and acknowledged Deed). ❑ B. Other, as follows: Licensed to MCDANIEL AND COMPANY (01K) (Page 4 of 10) Form #ARA28, Rev. 091014 Real Estate Contract MCDANIEL 8 CO. REALTORS@, INC. copyright 10101 Mabesvale Plaza Suite #9 r"� 2010 (Commercial) Arkansas Little Rock, Arkansas 72209 Phone 501.562-2000 Fax 501.568-0533 REALTOR � «��R REALTORS@ NG Page 5 of 10 Association Form Serial Number: 01KMCR-8DBSGL—OU2QO1 T 12. SELLER PROPERTY DISCLOSURE: (Check one) ❑ A. Buyer and Seller acknowledge that upon the authorization of Seller either Selling Firm or Listing Firm have delivered to Buyer, prior to the execution of this Real Estate Contract, a written disclosure prepared by Seller concerning the condition of the Property, but this fact neither limits nor restricts Buyer's Disclaimer of Reliance set forth in Paragraph 15 of this Real Estate Contract. The written disclosure prepared by Seller is dated (month) (day) , (year) , and is warranted by Seller to be the latest disclosure and the answers contained in the disclosure are warranted to be true, correct, and complete to Seller's knowledge. ❑ B. Buyer hereby requests Seller to provide a written disclosure about the condition of the Property that is true and correct to Seller's knowledge within three (3) business days after this Real Estate Contract has been signed by Buyer and Seller. If Seller does not provide the disclosure within the three (3) business days, Buyer may declare this Real Estate Contract null and void, with Buyer to receive a refund of the Earnest Money (if any). If Buyer finds the disclosure unacceptable within three (3) business days after receipt of disclosure, this Real Estate Contract may be declared null and void by Buyer, with Buyer to receive a refund of the Earnest Money (if any). Receipt of this disclosure neither limits nor restricts in any way Buyer's Disclaimer of Reliance set forth in Paragraph 15 of this Real Estate Contract. ❑ C. Although a disclosure form may have been completed (or can be completed) by Seller, Buyer has neither received nor requested and does not desire from Seller a written disclosure concerning the condition of the Property prior to the execution of this Real Estate Contract, but this fact neither limits nor restricts in any way Buyer's Disclaimer of Reliance set forth in Paragraph 15 of this Real Estate Contract. BUYER IS STRONGLY URGED BY SELLING FIRM AND LISTING FIRM TO MAKE ALL INDEPENDENT INSPECTIONS DEEMED NECESSARY PRIOR TO SIGNING THIS REAL ESTATE CON Buyer understands no disclosure form is available and will not be provided by Seller. BUYER IS STRONGLY URGED BY SELLING FIRM AND LISTING FIRM TO MAKE ALL INDEPENDENT INSPECTIONS DEEMED NECESSARY PRIOR TO SIGNING THIS REAL ESTATE CONTRACT. 13. ENVIRONMENTAL REPRESENTATION: Seller hereby represents to Buyer that to Seller's knowledge (unless otherwise disclosed herein): a. The Property is not the subject of any judicial or administrative notice or action relating to hazardous waste or environmental contamination; b. Seller has received no notice of any claim or violation of any law or regulation having to do with environmental protection; c. No hazardous or toxic substances have been stored, processed, or disposed of on the Property during the period that Seller has owned the Property; d. No underground storage tanks are located on the Property. 14. TER E CONTROL REQUIREMENTS: (Check one) A. None ❑ B. Seller shall provide prior to Closing, at Seller's expense, a current termite control policy issued by a licensed operator, satisfactory to Buyer. Licensed to MCDANIEL AND COMPANY (01 K) (Page 5 of 10) Form #ARA28, Rev. 091014 Real Estate Contract MCDANIEL 8 CO. REALTORS@, INC. Copyright • 10101 Mabelvale Plaza Suite #9 2010 (Commercial) nm Arkansas Little Rock, Arkansas 72209 Nj EQUAL--ous-uc REALTORS@ Phone 501-562-2000 Fax 501.568-0533 PEALTDR ovnoaru.ry Page 6 of 10 Association Form Serial Number: 0IRMCR-8DBSGL-0U2Q01 15. BUYER'S DISCLAIMER OF RELIANCE: A. BUYER CERTIFIES BUYER WILL PERSONALLY INSPECT OR HAVE A REPRESENTATIVE INSPECT THE PROPERTY AS FULLY AS DESIRED PRIOR TO CLOSING. BUYER CERTIFIES BUYER HAS NOT AND WILL NOT RELY ON ANY WARRANTIES, REPRESENTATIONS, OR STATEMENTS OF - SELLER, LISTING FIRM, SELLING FIRM, OR ANY AGENT, INDEPENDENT CONTRACTOR, OR 'EMPLOYEE ASSOCIATED WITH THOSE ENTITIES, OR INFORMATION FROM MULTIPLE LISTING SERVICES OR OTHER WEBSITES REGARDING MINERAL RIGHTS, YEAR BUILT, SIZE (INCLUDING WITHOUT LIMITATION THE SQUARE FEET IN IMPROVEMENTS LOCATED ON THE PROPERTY), QUALITY, VALUE OR CONDITION OF THE PROPERTY, INCLUDING WITHOUT LIMITATION ALL IMPROVEMENTS, APPLIANCES, PLUMBING, ELECTRICAL OR MECHANICAL SYSTEMS. HOWEVER, BUYER MAY RELY UPON ANY WRITTEN DISCLOSURES PROVIDED BY SELLER. LISTING FIRM AND SELLING FIRM CANNOT GIVE LEGAL ADVICE TO BUYER OR SELLER. LISTING FIRM AND SELLING FIRM STRONGLY URGE STATUS OF TITLE TO THE PROPERTY, CONDITION OF PROPERTY, AND SQUARE FOOTAGE OF IMPROVEMENTS, QUESTIONS OF SURVEY AND ALL OTHER REQUIREMENTS OF BUYER SHOULD EACH BE INDEPENDENTLY VERIFIED AND INVESTIGATED BY BUYER OR A REPRESENTATIVE CHOSEN BY BUYER. B. IN THE EVENT THAT THE INSPECTION, REPAIR AND SURVEY ADDENDUM IS USED, BUYER AGREES TO SIGN PAGE 4 OF THE INSPECTION, REPAIR AND SURVEY ADDENDUM PRIOR TO CLOSING IF BUYER ACCEPTS THE CONDITION OF THE PROPERTY AND INTENDS TO CLOSE. 16. OTHER: The Seller herein acknowledges that it is the intention of the Buyer to acquire _ subject property as a replacement property for an IRS 1031 Tax -Deferred exchange _ and that the Buyer's rights and obligations under this Agreement may be assigned to a 1031 exchange intermediary to facilitate such exchange. Seller agrees to cooperate with the Buyer and/or his assigns in a manner necessary to enable the — Buyer to facilitate said exchange at no additional costs or liability to the Seller. SU f� 7 Icecr 2 v� Licensed to MCDANIEL AND COMPANY (01K) (Page 6 of 10) Form #ARA28, Rev. 091014 Real Estate Contract MCDANIEL 8 CO. REALTORS@, INC. Conpyright 10101 Mabelvale Plaza Suite #9 20 10 (Commercial) Arkansas Little Rack, Arkansas 72209 EQUAL HOUSING REALTOR " REALTORSO Phone 501.562-2000 Fax 501-568.0533 OPPORTUNITY Page 7 of 10 Association Form Serial Number: 0IRMCR-8DBSGL—OU2QO1 17. CONTINGENCIES: Buyer's offer to purchase the Property is expressly contingent upon Buyer's satisfaction of the contingencies checked below within the deadline indicated for each contingency. Buyer shall notify Seller in writing when the contingencies are satisfied. If Buyer fails to provide such written notice before the indicated deadline that a contingency checked below has been satisfied, then this Real Estate Contract shall be void and the Earnest Money shall be refunded to Buyer, and Buyer and Seller shall have no further obligation to each other. Contingencies (check all that apply): ❑ A. Obtain satisfactory financing, in Buyer's sole discretion, within days after acceptance. ❑ B. Obtain satisfactory results of a feasibility study, in Buyer's sole discretion, within days after acceptance. ❑ C. Obtain satisfactory results of a Property inspection, in Buyer's sole discretion, within days after �aetance. ❑ D. satisfactory results of an environmental report, in Buyer's sole discretion, within days after acceptance. E. Obtain satisfactory rezoning, platting, r g, or zoning ver ' ation, in Buyer's sole discretion, within s after accep anc�, ❑ F. within days after acceptance. ❑ G. , within days after acceptance. ❑ H. , within days after acceptance. Additional requirements related to any of above contingencies: Specific Survey requirements (see Paragraph 7): Licensed to MCDANIEL AND COMPANY (01 K) (Page 7 of 10) Form AARA28. Rev. 091014 Real Estate Contract MCDANIEL & CO. REALTORS@, INC. Copyright 10101 Mabelvale Plaza Suite #9 2010 (Commercial) —� Arkansas Little Rock, Arkansas 72209 REALTORSO REALTOR�� OPPORAL TUMV B SING Page 8 of 10 Phone 501.562.2000 Fax 501-568-0533 Association Form Serial Number: 01KMCR-8DBSGL—OU2Q01 18. AGEN . Check one) ff-A--'1ISTING FIRM AND SELLING FIRM REPRESENT SELLER: Buyer acknowledges that Listing Firm and Selling Firm and all licensees associated with those entities are the agents of Seller and that it is Seller who employed them, whom they represent, and to whom they are responsible. Buyer acknowledges that before eliciting or receiving confidential information from Buyer, Selling Firm, which may be the same as Listing Firm, verbally disclosed that Selling Firm represents Seller. ❑ B. LISTING FIRM REPRESENTS SELLER AND SELLING FIRM REPRESENTS BUYER: Buyer and Seller acknowledge that Listing Firm is employed by Seller and Selling Firm is employed by Buyer. All licensees associated with Listing Firm are employed by, represent, and are responsible to Seller. All licensees associated with Selling Firm are employed by, represent, and are responsible to Buyer. Buyer acknowledges Selling Firm verbally disclosed that Listing Firm represents Seller. Seller acknowledges Listing Firm verbally disclosed that Selling Firm represents Buyer. ❑ C. LISTING FIRM AND SELLING FIRM ARE THE SAME AND REPRESENT BOTH BUYER AND SELLER: Seller and Buyer hereby acknowledge and agree that Listing and Selling Firm are the same and all licensees associated with Listing and Selling Firm are representing both Buyer and Seller in the purchase and sale of the above referenced Property and that Listing/Selling Firm has been and is now the agent of both Seller and Buyer with respect to this transaction. Seller and Buyer have both consented to and hereby confirm their consent to agency representation of both parties. Further, Seller and Buyer agree: (i) Listing/Selling Firm shall not be required to and shall not disclose to either Buyer or Seller any personal, financial or other confidential information concerning the other party without the express written consent of that party; however, Buyer and Seller agree Listing/Selling Firm shall disclose to Buyer information known to Listing/Selling Firm related to defects in the Property and such information shall not be deemed "confidential information." Confidential information shall include but not be limited to any price Seller is willing to accept that is less than the offering price or any price Buyer is willing to pay that is higher than that offered in writing. (ii) by selecting this option 18C, Buyer and Seller acknowledge that when Listing/Selling Firm represents both parties, a possible conflict of interest exists, and Seller and Buyer further agree to forfeit their individual right to receive the undivided loyalty of Listing/Selling Firm. (iii) to waive any claim now or hereafter arising out of any conflicts of interest from Listing/Selling Firm representing both parties. Buyer and Seller acknowledge Listing/Selling Firm verbally disclosed that Listing/Selling Firm represents both parties in this transaction, and Buyer and Seller have given their written consent to this representation before entering into this Real Estate Contract. ❑ D. SELLING FIRM REPRESENTS BUYER (NO LISTING FIRM): Seller acknowledges that Selling Firm and all licensees associated with Selling Firm are the agents of Buyer and that it is Buyer who employed them, whom they represent, and to whom they are responsible. Seller acknowledges that at first contact, Selling Firm verbally disclosed that Selling Firm represents Buyer. Any reference to "Listing Firm" in this Real Estate Contract will be considered to mean Selling Firm, both Buyer and Seller acknowledging that all real estate agents involved in this Real Estate Contract only represent Buyer. 19. RISK OF LOSS: If prior to Closing of this transaction the improvements on the Property shall be destroyed or materially damaged by fire or other casualty, this Real Estate Contract, at the option of Buyer shall be null and void. If Buyer shall elect, in the event of such loss, that the Real Estate Contract shall be performed, Buyer shall be entitled to the proceeds of insurance applicable to the loss for use in repairing said loss. Buyer shall have the right prior to Closing to inspect the Property to ascertain any damage that may have occurred due to fire, flood, hail, windstorm or other acts of nature, vandalism or theft. Licensed to MCDANIEL AND COMPANY (01 K) (Page 8 of 10) Form #ARA28, Rev. 091014 Real Estate Contract MCDANIEL & CO. REALTORS@, INC. Copyright 10101 Mabelvale Plaza Suite #9 2010 (Commercial) Little Rock, Arkansas 72209 Arkansas REALTQRit � a r' �` FV Arkansas Page 9 of 10 Phone 501-562-2000 Fax 501-568.0533 Association Form Serial Number: 01K1HCR-8DBSGL-0U2Q01 20. GOVERNING LAW: This Real Estate Contract shall be governed by the laws of the State of Arkansas. 21. MERGER CLAUSE: This Real Estate Contract, when executed by both Buyer and Seller, shall contain the entire understanding and agreement between Buyer and Seller with respect to all matters referred to herein and shall supersede all prior or contemporaneous agreements, representations, discussions and understandings, oral or written, with respect to such matters. This Real Estate Contract shall not supersede any agency agreements entered into by Buyer or Seller and Listing Firm or Selling Firm. 22. ASSIGNMENT: This Real Estate Contract may not be assigned by Buyer unless written consent of Seller is obtained, such consent not to be unreasonably withheld. It shall not be unreasonable for Seller to withhold consent if Seller is to provide financing for Buyer in any amount. 23. ACCEPTANCE: The term "acceptance" as used herein shall mean the later of the two dates on which this Real Estate Contract is signed by Seller or Buyer, as indicated by their signatures below, which later date shall be the date of final execution and agreement by the parties hereto. If any date or deadline provided for herein falls on Saturday, Sunday, or a holiday, the applicable date shall be the next business day. 24. TIME: Buyer and Seller agree time is of the essence with regard to all times and dates set forth in this Real Estate Contract. Further, all times and dates set forth in this Real Estate Contract refer to Arkansas Central time and date. 25. ATTORNEY'S FEES: Should Buyer or Seller initiate any type of administrative proceeding, arbitration, mediation or litigation against the other (or against an agent for the initiating party or agent for the non -initiating party), it is agreed by Buyer and Seller (aforementioned agents being third -party beneficiaries of this Paragraph 25) that all prevailing parties shall be entitled to an award of their respective costs and attorney's fees incurred in defense of such initiated action against the non -prevailing party. 26. COUNTERPARTS: This Real Estate Contract may be executed in multiple counterparts each of which shall be regarded as an original hereof but all of which together shall constitute one in the same. 27. FIRPTA COMPLIANCE, TAX REPORTING: Buyer and Seller agree to disclose on or before Closing, to the person or company acting as Closing Agent for this transaction, their United States citizenship status, solely for the purpose of compliance with the Foreign Investment in Real Property Taxation Act (FIRPTA). In addition, Buyer and Seller shall execute all documents required by such Closing Agent to document compliance with the FIRPTA and all other applicable laws. Buyer and Seller agree that nothing in this Real Estate Contract is intended to limit the responsibility of the Closing Agent as defined pursuant to United States Treasury Regulation 1.6045-4) to (i) be the "reporting person" under state and federal tax laws (including without limitation 26 USC Section 6045(e)), and (ii) file all necessary forms regarding the Closing, including without limitation form 1099, 8288 or 8288A. By accepting the role as Closing Agent, this Agreement shall obligate the Closing Agent to fulfill their responsibilities as set forth above and as defined by the above statutes. Seller will execute an affidavit confirming compliance with FIRPTA, as prepared by the Closing Agent. 28. EXPIRATIPN: Thi eal Estate ntract expires if not :2eped in writing b Her on or before (month) 1-1ea (day) r' (year) �at � Licensed to MCDANIEL AND COMPANY (01 K) f t A(f� .�! rPage 9 of 10) Form #ARA28, Rev. 091014 Rea! Estate Contract MCDANIEL & CO. REALTORS@, INC. cappright (Commercial) 10101 Mabe:vale Plaza Suite #9 2010 Little Rock, Arkansas 72209 �O 11L HOUSING Phone 501-562-2000 Fax 501-568.0533 REALTot7 OPPORTU 1 REALTORS@ Page 10 of 10 Association THIS IS A LEGALLY BINDING REAL ESTATE CONTRACT WHEN SIGNED BY THE PARTIES BELOW. READ IT CAREFULLY, YOU MAY EMPLOY AN ATTORNEY TO DRAFT THIS FORM FOR YOU. IF YOU DO NOT UNDERSTAND THE EFFECT OF ANY PART, CONSULT YOUR ATTORNEY BEFORE SIGNING. REAL ESTATE AGENTS CANNOT GIVE YOU LEGAL ADVICE. THE PARTIES SIGNED BELOW WAIVE THEIR RIGHT TO HAVE AN ATTORNEY DRAFT THIS FORM AND HAVE AUTHORIZED THE REAL ESTATE AGENT(S) TO FILL IN THE BLANKS ON THIS FORM. THIS FORM IS PRODUCED AND COPYRIGHTED BY THE ARKANSAS REALTORS@ ASSOCIATION. THE SERIAL NUMBER BELOW IS A UNIQUE NUMBER NOT USED ON ANY OTHER FORM. THE SERIAL NUMBER BELOW SHOULD BE AN ORIGINAL PRINTING, NOT MACHINE COPIED, OTHERWISE THE FORM MAY HAVE BEEN ALTERED. DO NOT SIGN THIS FORM IF IT WAS PREPARED AFTER DECEMBER 31, 2010. FORM SERIAL NUMBER: 0 1KMCR— 8DBSGL— OU2QO 1 The above Rea state ntract is a ec�'lrte by Buyer r on (month) '' (day) {y }�, at (a.m.)(p.m.). I l� 4Alw/ s X- Signature: SEtling I'Irm !f Signature: Printed Name: `� ,'' Printed Name: i0Aofb NO 64-P Principal orSupervisin ker Buyer -1 1 Signature: ' l' ✓ �'t Signature: Printed Name:' Printed Name: Selling Agent Buyer - The above Real Es Contract is e b 5e�*on (month) (day) , (year) , at (a.m.)(p.m.). Listing firm Signature: l Signature: r Printed Name: Printed Name: Principal or5upervt ing k 'teller Signature: � 1114 Signature: Printed Name: '! - - Printed Name: Listing Agent Seller The above offer was ❑ rejected ❑ counteroffered (Form Serial Number on (month) (day) , (year) , at (a.m.)(p.m.). Sellers Initials Seller's Initials Licensed to MCDANIEL AND COMPANY (01K) (Page 10 of 10) Form #ARA28. Rev. 091014