HomeMy WebLinkAbout3995 RESOLUTION NO. 3,995
A RESOLUTION ACCEPTING AN EASEMENT FOR McKINLEY
STREET BETWEEN THIRD STREET AND MARKHAM STREET;
AND FOR OTHER PURPOSES .
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS .
SECTION 1. The City of Little Rock hereby accepts
from the owners thereof, an easement for McKinley Street
between Third Street and Markham Street, which street is to
be developed and maintained by the owners thereof according
to plans and specifications approved by the City of Little
Rock. Said easement shall be in form and substance as
follows:
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STREET EASEMENT
WHEREAS, The Mall, Inc. , an Arkansas corporation, has leased
certain properties in the city of Little Rock, Arkansas for a term to expire
at midnight on the 31st day of December, 2026, which lease was recorded
by the Clerk of the Circuit Court and Ex Officio Recorder of Pulaski County
on December 28, 1966 in Record Book Vol. 1148, page 309; and
WHEREAS, there are presently located at the intersection of South
McKinley Street and West Third Street in the city of Little Rock two traffic
barriers; and
WHEREAS, it is the desire of The Mall, Inc. and the city of Little
Rock to open South McKinley Street from West Third Street to West Markham
Street, and to remove the barriers in the intersection of South McKinley Street
and West Third Street in order to improve the flow of traffic in the area involved.
NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS:
1 . That The Mall, Inc. does hereby grant a street easement to the
city of Little Rock for a period to terminate at midnight on December 31 , 2026,
on a tract of land in the SE 1/4, NE 1/4, Section 1 , T-1-N, R-13-W, Pulaski
County, Arkansas, more particularly described as:
Beginning at the northwest corner of the amended
replat of Developer's Inc. , Subdivision (the
northeast corner of Plaza Terrace Addition to
Little Rock, Arkansas) at the south right-of-way
line for Markham Street; thence S 88° 20' E along
said south right-of-way line 35.0 ft. to a point;
thence S 1° 42' W 631 .2 Ft. , to a point on the
center line of West 3rd street; thence N 890 10' W
along said center line 35 .0 ft, to a point on the
west line of the amended replat Developer's Inc. ,
Subdivision (the east line of Plaza Terrace
Addition) thence N i° 42' E along said west line
• of the amended replat Developer's Inc. Subdivision
631 . 2 ft. to the point of beginning, containing
0. 507 acres, more or less,
2. That The Mall, Inc. agrees to construct and maintain the aforesaid
street.
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3, That The Mall, Inc. agrees that the city of Little Rock shall,
during the period of this grant of street easement, exercise the city's police
powers over the street maintained on this easement as a part of South
McKinley Street.
WITNESS our hands and seals this day of , 1968.
THE MALL,, TNC,
By
President
ATTEST:
Secretary
SECTION 2. This Resolution shall be in full force
and effect from and after its adoption.
ADOPTED: May 20, 1968 .Q�
ATTEST: 'L:.a��� cJ _ ,�'� / e 4
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