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HomeMy WebLinkAboutS-0155-C ApplicationDoc# 20O2155783 acknowledged that she executed the same for the purposes therein contained. In witness whereof I hereunto set my hand and official seal. My Commission Expires: —I - I I APPROVED: Notary Public '0�1111►11111a111UfS Illllriirir FEB2011 %gypskr cau ����1j1j►Rrinll nlulll���� LITTLE ROCK PLANNING COMMISSION Reviewed only for inclusion of minimum standards required by the City of Little Rack sabdivWon replatiorls, ]3y . Bill of Assurance provisions established by ht c o Little Hock subdivision and zoning ordinances. Title: CRa le Flock Planning commission 11 of Little Rock wI,o Department of 701 We6 Markham Public Works Little Rock, Arkansas 72201-1300 371-4811 Fax 371-4460 CIVIL ENGINEERING RESPONSE THE CIVIL ENGINEERING REQUIREMENTS FOR FILING OF FINAL PLATS HAVE BEEN SATISFIED. APPROVAL FOR FILING OF THIS PLAT CAN JJ BE ISSUED P, t TZ i/O i Piz-14 et* h �s A/b• Z d c 7` � 7�17'v SIGNED BY ENGINEER SIGNED BY SURVEYOR SIGNED BY 911 ADDRESS COORDINATOR DXF. DISKETTE PLAT OV e c D DXF DISKETTE STORM DRAIN N c c REMARKS Division (b) If any term, covenant, provision, phrase or other part of this instrument is held to be invalid or unenforceable for any reason, such holding shall not be deemed to affect, alter, modify or impair in any manner whatsoever the remaining terms, provisions, covenants and parts thereof. EXECUTED this ? /S 7L day of , 2002. R. Graham Smith Qc`,1'eq , gf-f\ Danea D. Smith ACKNOWLEDGMENT STATE OF ARKANSAS) ) ss. COUNTY OF PULASKI) On this the ,21_ day of June, 2002, before me, the undersigned officer, personally appeared R. Graham Smith, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that he executed the same for the purposes therein contained. In witness whereof I hereunto set my hand and official seal. My Commission Expires: of -- E - 1 STATE OF ARKANSAS) ) ss. COUNTY OF PULASKI) Notary Public ��\ QA�'�►il5�bti� :9 l� FEB f , 2011 ACKNOWLEDGMENT �� ' •� Cau • •' �� �f��rlli/l/� Ipllplll%\' On this the -L-L day of June, 2002, before me, the undersigned officer, personally appeared Danea D. Smith, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and 10 City of Little Rock Planning and Development Filing Fees Date: 6. L N .20 0'Z- Annexation Board of Adjustment Cond. Use Permit/T.U.P. Final Plat Planned Unit Dev. Preliminary Plat Special Use Permit Rezoning Site Plans Street Name Change Street Name Signs Number at Public Hearing Signs Number at _ea. Total File '`T^ Loc $Cl Y CF LITTLE ROCK -MUMMOD-E ea. $ $ ��g • rrt) BILL OF ASSURANCE OF 2002155783 06/27/2002 09:43:34 AM Filed & Recorded in Official Records of CAROLYN STALEY F'ULASKI COUNTY CIRCUIT/COUNTY CLERK Fees f58.0@ RESERVOIR HEIGHTS NO. 2 AN ADDITION TO THE CITY OF LITTLE ROCK R. GRAHAM SMITH AND DANEA D. SMITH to THE PUBLIC KNOW ALL MEN BY THESE PRESENTS: WHEREAS, R. Graham Smith and Danea D. Smith (hereinafter together called the "Grantors") own the following described lands lying in Pulaski County, Arkansas: Part of Lots 5 and 6, R.D. Duncan's Addition, Little Rock, Pulaski County, Arkansas, and part of a closed street right-of-way South of and adjacent to said Lots 5 and 6, vacated by City of Little Rock Ordinance No. 12,920, more particularly described as: Commencing at the Northwest Corner of said Lot 5, R.D. Duncan's Addition, said corner lying on the East right- of-way of Reservoir Road; thence South 02027120" West along the West line of said Lot 5, 377.33 feet to an iron pin; thence South 88040113" East, 23.44 feet to the point of beginning; thence South 88040113" East, 182.77 feet to an iron pin; thence North 19054132" East, 41.86 feet to an iron pin; thence North 02044151" East, 113.35 feet to an iron pin; thence northeasterly along the arc of a 214.26 foot radius curve to the left, a chord bearing and distance of North 62041134" East, 39.39 feet to an iron pin; thence North 57014100" East, 3.99 feet to an iron pin; thence northeasterly along the arc of a 115.21 foot radius curve to the right, a chord bearing and distance of North 75004150" East, 70.23 feet to an iron pin; thence South 87010143" East, 52.25 feet to an iron pin; thence southeasterly along the arc of a 62.20 foot radius curve to the right, a chord bearing and distance of South 42025152" East, 87.96 feet to an iron pin; thence South 02055119" West, 11.80 feet to an iron pin; thence North 87010158" West 59.95 feet to an iron pin; thence- South 02051158" West 106.58 feet to an iron pin; thence South 87005110" East, 60.10 feet to an iron pin; thence South 02035122" West, 70.31 feet; thence South 48005117" West, 62.51 feet; thence North 86154143" West, 74.40 feet to Rai iron pin; thence South 86000140" West 19.69 feet` dA art Prepared by: Barbara P. Bonds Attorney at Law Little Rock, Arkansas C I► ON 0 �0 C y� r�� iron pin on the East line of said Lot 5, thence South 02015115" West along said East line, 158.16 feet to a point on the South line of the N1/2 of said closed street right-of-way; thence North 87021111" West along said South line, 106.43 feet; thence North 04020142" East, 121.89 feet; thence North 87019130" West, 113.54 feet; thence Northwesterly along the arc of a 57.00 foot radius curve to the right, a chord bearing and distance of North 43032147" West, 78.87 feet, thence North 00013157" East 77.65 feet to the point of beginning, containing 95,861 square feet or 2.2007 acres, more or less (the "Land") which is shown on the plat attached to and made a part of this instrument (the "Plat") as Lots 1 through 16 Reservoir Heights No. 2, an Addition to the City of Little Rock, Pulaski County, Arkansas, being a replat of parts of Lots 5 and 6, R.D. Duncan's Addition, Little Rock, Pulaski County, Arkansas, and part of a closed street right-of-way; and WHEREAS, it is deemed desirable by the Grantors that the Land be subdivided into Lots and common areas; and WHEREAS, by this Plat and Bill of Assurance, the Grantors intend to create for their benefit, and for the mutual benefit of all future owners of the Land, certain rights, easements, covenants and conditions governing the use, enjoyment and maintenance of the Land; NOW THEREFORE, the Grantors, for and in consideration of the benefits to accrue to them, which benefits they acknowledge to be of value, hereby plat the Land as Reservoir Heights No. 2, an Addition to the City of Little Rock. Henceforth, description and conveyance by such designation or part thereof as shown and represented on the Plat shall be a proper and sufficient description for all purposes. A permanent easement or easements for drainage, for laying and maintaining sewer pipes and mains, storm sewers, for public access, and for the installation and maintenance of utilities are created, excepted and reserved over, across and through the Land as shown on the Plat. The land platted by this instrument and any interest therein shall be held and owned subject to and in conformity with the declarations and covenants set forth in this instrument which shall be construed to be covenants running with the land and shall be binding upon all owners of the Lots herein platted and upon their heirs and assigns forever, to -wit: 1. Subdivision of the Land. The Land is hereby subdivided into sixteen (16) Lots (the "Lots"), which are designated Lots 1 through 16. A portion of each Lot includes area designated as Common Areal and the balance of the Land is designated Common 2 Area; all as shown and represented on the Plat. Common Area, as defined herein, means all areas so designated on the Plat of Reservoir Heights No. 2. 2. Description of Lots. (a) Each of the sixteen Lots is hereby described and identified as being the fee simple absolute estate to the real estate designated on the Plat. (b) Each Lot shall include as an inseparable appurtenance thereto, the following: M An undivided interest in the beneficial ownership of the Common Area in the percentages set forth in (c) below; (ii) An easement of enjoyment in and to the Common Area, subject to Paragraph 3 of this instrument; (iii) An easement across the Common Area for the purpose of foot and vehicular ingress, egress and regress and the parking of motor vehicles of the owners of each Lot; (iv) An easement through and across all Lots and the Common Area for maintenance, repair and replacement of the exterior of all Residences and Common Area; provided, however, no person may use this easement to gain access to a Residence without giving the owner 24 hours prior notice thereof. (v) An easement of structural support for the benefit of adjoining Residences and Lots for every portion of any Lot or Residence which contributes to the structural support of the Residence. (vi) Membership in Reservoir Heights Owners' Association, as described in Paragraph 5, together with a pro rata interest in the assets held by said Association; each Lot owner Is pro rata interest shall be calculated based upon the percentage interest which the interior square footage of the Residence bears to the total interior square footage of all Residences in Reservoir Heights No. 2 and all condominium units in Reservoir Heights Horizontal Property Regime (the "Pro Rata Interest"). (c) The designation, area and percentage of undivided ownership of Common Area for each Lot are listed below, to -wit: 3 Lot No. Area of Residence 1 1100 square feet 2 1100 square feet 3 1100 square feet 4 1100 square feet 5 1100 square feet 6 1100 square feet 7 1100 square feet g 1100 square feet g 1100 square feet 10 1100 square feet 11 1100 square feet 12 1100 square feet 13 1100 square feet 14 1100 square feet 15 1100 square feet 16 1100 square feet 17,600 square feet Percentage of Undivided Ownershi in Common Area 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 100% 3. Restrictions on Use. In ❑rder to provide for the permanent maintenance of Reservoir Heights No. 2 in an aesthetically attractive manner for the peaceful enjoyment of the owners thereof and for the protection of the value of the Lots, the Lots and the Common Area shall be occupied and used subject to the following restrictions: (a) There shall be no obstruction of the Common Area. Nothing shall be stored on the Common Area without the prior consent of the Board of Directors of Reservoir Heights Owners' Association. The Reservoir Heights Owners' Association shall have full power to establish rules concerning the usage of the Common Area. (b) The land shall be restricted to use as single family residences. Offices, boarding houses, tenements, apartment houses, trailer parks, tourist courts, motels, hotels, restaurants, eating houses, clubs, stores, beauty shops, barber shops, commercial servicing and repairing of every kind, other similar activities, and each of them are prohibited and shall not be carried on or permitted- on any part of the Land. The designation of such specific activities prohibited shall not limit what is prohibited on the Land but this restriction shall be construed to prohibit on the Land each and every business, trade, activity, and undertaking not in keeping with the general plan to develop the Land for single family residences. (c) No business, trade, activity, or undertaking which is or may become noxious or offensive shall be carried on or permitted on any part of the Land nor shall anything be done thereon which may be or become an annoyance or nuisance to adjacent owners of real estate. (d) With the exception of household pets, no animals, livestock, or poultry of any kind shall be raised, bred or kept on any Lot or in the Common Area. (e) No advertisement, signs, or posters shall be erected or displayed on or about the Land, except such as may be authorized in advance by the Reservoir Heights Owners' Association. (f) Due care shall be exercised at all times with regard to noise and all other uses ❑r practices which may be a source of annoyance to owners of Lots or which may be a nuisance or may interfere with the peaceful possession and proper use of the property or premises of any other person. (g) No gas piping, electrical wiring, or radio or television antenna systems shall be installed in or about the Land without the prior written approval of the Reservoir Heights Owners' Association. (h) No building, wall or fence shall be erected or placed on the Land until complete building plans, specifications and plot plan showing the location thereof with respect to existing topography and finished ground elevations have been approved in writing by the Grantors, their heirs and assigns. It is contemplated that the Grantors, in their discretion, may eventually designate and authorize the Reservoir Heights Owners' Association to make such approval but until and unless the Grantors, their heirs and assigns transfer this authority, the Grantors shall have complete authority with respect to such approval. It is the purpose and intent of this covenant that, in order to assure the owners the safeguard of a reasonable degree of conformity among the various buildings in Reservoir Heights No. 2, the quality, design, and location of all buildings, walls and fences shall be regulated as provided herein. In the event the Grantors, their heirs and assigns fail to approve or disapprove any plan and specification for a proposed building within thirty (30) days after submission to it or if no suit to enjoin the erection or placing of such building has been commenced prior to the completion thereof, such approval as to such building will not be required and this covenant will then be deemed to be fully complied with as to such building. There shall be no compensation to the 5 Grantors, their heirs or assigns, for services performed pursuant to this covenant. 4. Architectural Control. In order to assure the architectural and aesthetic compatibility of properties in Reservoir Heights No. 2 with Reservoir Heights Horizontal Property Regime, the following design and development guidelines shall be applied: 1. All streets and parking areas to have concrete curb and gutter; 2. All grassy areas to be solid sod bermuda grass; 3. All mature existing trees to remain outside each building area when practical and the remainder of each Lot shall be landscaped with appropriate sprinkler and drainage systems by Grantors at the time of building construction according to the City of Little Rock landscaping requirements; 4. All residences (the "Residences") to have similar brick and frame construction materials; 5. At the time of construction, each Lot owner will be responsible for providing site improvements per plans approved by the City of Little Rock, including an underground drainage system for surface and downspout water across each Lot which can be connected with each adjoining Lot's drainage system and a retaining wall, if necessary, along any buffer strips required by the City of Little Rock; 6. Minimum square footage for each Residence shall be 1,100 square feet, heated and cooled; 7. All Residences shall be constructed in conformance with the building lines shown on the Plat and with the Building Code and Zoning Ordinance of the City of Little Rock, Arkansas. 5. Common Walls. As used herein the term "Common Wall" means the wall situated on the common property line between adjacent Lots and the portions of the roof and foundation of the buildings above and below such wall. All reasonable costs of maintenance, repair and restoration of Common Walls shall be borne equally by the owners of the adjacent Lots to which the Common Wall pertains. The general rules of common law regarding party walls and liability for property damage due to negligence or willful acts or omissions are expressly incorporated herein and shall apply to the Common Walls. 6. Administration of the Common Area. (a) The administration of the Common Area shall be vested in the Reservoir Heights Owners' Association, consisting of all owners of Lots now or hereafter included in Reservoir Heights No. 2 and all owners of condominiums in Reservoir Heights Horizontal Property Regime. Upon acquiring title to a Lot, the owner or owners shall automatically become members of the Reservoir Heights Owners' Association and shall retain membership until such time as his or her ownership ceases for any reason, whether by sale or otherwise. (b) Responsibility for the actual operation of Reservoir Heights Owners' Association shall be reposed in the Board of Directors of the Reservoir Heights Owners' Association in accordance with the provisions of this Bill of Assurance and the Bylaws of the Reservoir Heights ❑wners' Association. The Board of Directors shall be responsible to the Reservoir Heights Owners' Association, but may delegate the responsibility for the operation and administration to a managing agent. 7. Lien for Ex enses of Administration and Maintenance. (a) The Owners of Lots are bound to contribute in their Pro-Rata Interest toward the expenses of administration, of maintenance and repair of the Common Area and the common area of Reservoir Heights Horizontal Property Regime, of maintenance and repair of the exterior portion of the Residences and the condominium units in Reservoir Heights Horizontal Property Regime, including but not limited to, exterior walls and exterior doors (excluding window frames and glass), roof, exterior trim, gutters and downspouts, and toward other expenses lawfully assessed specifically including, but not limited to, property and liability insurance for Reservoir Heights No. 2 and Reservoir Heights Horizontal Property Regime, repair and maintenance of parking, driveways and walkways, landscaping, sprinkler system, amounts needed for working capital, if any, a reserve fund for maintenance, repair and replacements and amount needed to pay deficits for any prior years. (b) The initial assessment for each Lot shall be $125.00 per month; the obligations to pay monthly assessments shall begin when title to each Lot is conveyed by Grantors to the purchaser of each Lot. Each and all such assessments (together with interest, costs and reasonable attorney's fees, if delinquent) shall be, constitute and remain a continuing lien on the Lot (and all appurtenances) against which such assessment is made until paid, which lien shall run with the land, and shall be binding as a covenant on present and future owners, their heirs, successors and assigns. Each owner of any Lot by acceptance of a deed of conveyance or by entering into a contract of purchase of any Lot in Reservoir Heights No. 2, whether or not it shall be expressed in any such deed, 7 contract or purchase or other conveyance, shall be conclusively deemed to covenant and agree to pay all assessments made against that Lot. Such lien shall be prior to all other liens excepting only the lien of any first mortgage or similar duly recorded encumbrance. (c) Each such assessment, together with interest, costs and reasonable attorney's fees, shall be the personal obligation of the owner and of his successor in title. Reservoir Heights Owners' Association shall have the right to add a penalty not to exceed twenty percent (20%) of the amount due for failure to pay assessments. Assessments not paid when due shall be delinquent and, if not paid within twenty (20) days after the due date, the assessment shall bear interest from the date of delinquency until paid at the rate of ten percent (10%) per annum, and may be enforced and collected by an action at law against those personally obligated to pay same, and/or the lien securing same may be enforced by a foreclosure action against the Lot upon which such assessment was made in the manner provided by law for foreclosure of mortgages, and interest, costs and reasonable attorneys' fees in any such court action shall be added and collected as a part of such assessments. (d) Reservoir Heights Owners' Association shall levy the assessments at an annual meeting or any special meeting of the Council, as defined in the bylaws of the Association. At the annual meeting of the Council, the Council shall adopt a budget for the ensuing year and shall determine whether the assessments shall be payable in one or more installments. The annual meeting or any special meeting of the Council may also levy a special assessment for any purpose permitted in this Instrument. 8. Amendments. (a) Except for alterations in the respective percentages of ownership of the Common Area and all rights and obligations incident thereto, which cannot be altered without the consent of all owners affected, the provisions of this Bill of Assurance may be amended pursuant to the provisions of this Paragraph. (b) Notice of the subject matter of any proposed amendment in a reasonably detailed form shall be included in the notice of any meeting at which the proposed amendment is to be considered by the Reservoir Heights Owners' Association. A resolution adopting the proposed amendment may be proposed by either the Board of Directors or by a majority of the owners meeting as members of the Reservoir Heights Owners' Association. 8 An amendment must receive the approval of two-thirds (2/3) of the members of the Reservoir Heights Owners' Association who are voting in person or by proxy at the meeting. (c) A copy of each amendment to this Bill of Assurance shall be certified.by at least two (2) officers of the Reservoir Heights Owners' Association as having been duly adopted and shall only be effective when recorded in the Office of the Recorder of Pulaski County, Arkansas. (d) Notwithstanding anything to the contrary in this instrument, no amendment to this Bill of Assurance shall be valid which adversely affects the rights reserved by the Grantors herein unless such rights shall have been waived by the Grantors in writing. 9. Provisions Relating to Grantor. The provisions hereof to the contrary notwithstanding: (a) Until the Grantor has sold and conveyed all of the Lots in Reservoir Heights No. 2, neither the owners of Lots nor Reservoir Heights Owners' Association shall interfere with the sale of the Lots by the Grantor. The Grantor may make such use of the Lots owned by it and the Common Area as may facilitate sales, including, but not limited to, maintenance of a sales office, the showing of the Lots and Residences and the display of signs; and (b) Until all of the Lots in Reservoir Heights No. 2 are sold and conveyed; the Grantor shall have the right from time to time, without the approval of the Owners of Lots, to amend the provisions hereof, for the purpose of facilitating the marketing of the Lots, in complying with the requirements pertaining to Reservoir Heights No. 2 made by financial institutions, title companies and governmental authorities and for any other reasonable purpose; provided, no such amendment shall violate the terms of Grantor's Memorandum of Understanding with Reservoir Heights Owners' Association dated February 22, 2002. 10. j ions. The captions used in this instrument are inserted solely as a matter of convenience and shall not be relied upon or used in construing the effect or meaning of any of the provisions hereof. 11. Miscellaneous. (a) Whenever the use of plurals shall include the shall be deemed to include all genders. the context so permits, singular and any gender 9