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HomeMy WebLinkAbout3519 RESOLUTION NO. 3,519 A RESOLUTION ACCEPTING A WART ANTY DEED FROM SOUTHLAND DEVELOPMENT COMPANY DEEDING CERTAIN LANDS TO THE CITY OF LITTLE ROCK FOR CONSTRUC- TTION OF A FIRE STATION NEAR THE ENTRANCE TO WALTON HEIGHTS; AND FOR OTHER PURPOSES. WHEREAS, Southland Development Company has tendered to the City of Little Rock a warranty deed conveying certain lands at the entrance to Walton Heights Subdivision for the construction of a fire station; and, WHEREAS, it is the desire of the Board of Directors of the City of Little Rock to accept the conveyance and cause the recordation of the said deed; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK. RY AiNSAS: SECTION 1. Awarranty deed to certain lands more particularly described in Section 2 hereof, executed by Southland Development Company in favor of the City of Little Rock is hereby accepted. SECTION 2. The warranty deed referred to in Section 1 is in form and substance as follows: • WARRANTY DEED (Corporation) KNOW ALL MEN BY THESE PRESENTS: That Southland Development Co. , Inc. , Grantor, an Arkansas corporation, by its President and Secretary, duly authorized by proper resolution of its Board of Directors, for and in consideration of the sum of One Dollar ($1.00) cash in hand paid, the receipt of which is hereby acknowledged, and in further consideration of the benefits to accrue to it under the covenants herein- after set forth, does hereby, subject to the reservations and restrictions set forth hereinafter, grant, bargain, sell and convey unto THE CITY OF LITTLE ROCK, ARKANSAS, the following described land situated in Pulaski County, Arkansas, to-wit: A part of the Southwest Quarter of the Northeast Quarter (SW) NEk) , Section 21, Township 2 North, Range 13 West, more particularly described as follows: From the intersection of the northerly right of way line of Arkansas State Highway No. 10 and the East and West center line of ;y Section 21, Township 2 North, Range 13 West, run N 50° 59' W and along the said northerly right of way line of Arkansas State Highway No. 10 a distance of 102.8 feet to the point of beginning; Thence N 39° 01' E a distance of 198 .7 feet to a point on the southerly right of way line of Southridge Drive; thence along the said southerly right of way line of Southridge Drive and along a curve to the left whose radius is 878.21 feet a chord bearing of N 76° 25' W and a chord distance of 26.0 feet to the point of tangency of said curve; thence N 77° 16' W and along the said southerly right of way line of Southridge Drive a distance of 70.9 feet to the point of curvature of a curve to the left; thence along the arc of said curve whose radius is 131.07 feet a chord bearing of S 70' 53' W and chord distance of 138.12 feet to the point of tangency of said curve; • Thence S 39' 02' W a distance of 38.85 feet to the northerly right of way line of said Arkansas State Highway No. 10; thence S 50° 59' c and along' the said northerly right of way line of Arkansas State Highway No. 10 a distance of 160.0 feet to the point of beginning. 1. Tho property hereby conveyed shall be de- veloped and used by the City of Little Rock Fire Depart- ment, its successors or assigns, for the construction, maintenance and operation of a municipally owned fire station; and, in the event it ceases to be so used or should it be used for any other purpose, title to said property will automatically revert to Grantor, its successors or assigns. 2. No building shall be erected, placed or altered on said property until building plans, specifica- tions and plot plan showing the location and facing of such building with respect to existing topography, ad- joining streets and finished ground elevations have been approved by the Grantor, provided such approval shall not be unreasonably withheld and further provided that in the event Grantor fails to approve or disapprove any such plans, specifications or plot plan submitted to it as herein required within thirty (30) days after such submission, this covenant shall be deemed to have been fully met. --2-- 3. Grantor reserves unto itself, its suc- cessors and assigns the right to maintain the exist- ing decorative brick wall lying in the extreme southern portion of the property hereby conveyed. 4. The restrictions set forth above are covenants which shall run with the land for a period of fifty (50) years and shall be binding upon Grantee, its successors or assigns; provided, however, Grantor shall not be bound by such covenants or restrictions in the event it again becomes the owner under the pro- visions of paragraph 1. above or otherwise by direct conveyance from Grantee. TO HAVE AND TO HOLD the same subject to the reservations, restrictions and covenants set forth above unto the said Grantee and unto its successors and assigns forever, with all appurtenances thereunto belonging. IN TESTIMONY WHEREOF, the name of the Grantor is hereunto signed by its President and its seal affixed by its Secretary, this 11th day of October, 1965. SOUTHLAND DEVELOPMENT CO. , INC. by President by Secretary --3-- • State of Arkansas ) ) ss . : ACKNOWLEDGMENT County of Pulaski ) On this day before me, tho undersigned, a Notary Public duly commissioned, qualified and acting within and for the said county and state, appeared in person the with- in named L. 0. Behnke and Thomas E. Downie, to me personally well known, who stated that they are the President and Secretary, respectively, of Southland Development Co. , Inc. , a corporation organized and doing business under the laws of the State of Arkansas, and are duly authorized in their capacities to execute the foregoing instrument for and in the name and behalf of said corporation; and further stated and acknowledged that they had so signed, executed and delivered said foregoing instrument for the consideration, uses and purposes therein mentioned and set forth. IN TESTIMONY WHEREOF, I have hereunto set my hand and official seal this 11th day of October, 1965. Notary Public My commission expires: -..4-- - 2 - SECTION 3. This Resolution shall be in full force and effect from and after its adoption. ADOPTED: March 7, 1966 ,ATTEST , c T /o pipiJJ PPROVED: ' City Clerk Mayor tf