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HomeMy WebLinkAbout4754 RESOLUTION NO. 4,754 A RESOLUTION AUTHORIZING THE CONVEYANCE OF AN EASEMENT FOR RIGHT OF WAY FOR A ROAD OR STREET TO THE ARKANSAS POWER AND LIGHT COM- PANY FOR THE TOTAL SUM OF TWO THOUSAND TWO HUNDRED TWENTY DOLLARS ($2220 . 00) ; AND FOR OTHER PURPOSES NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1 . The Arkansas Power and Light Company has accepted, subject to the final approval of the Board of Directors of the City of Little Rock, an offer for the conveyance of an Easement for Right of way for a road or a street for vehicular traffic over and across certain land of the Little Rock Port Industrial Park District, owned by the City of Little Rock, Arkansas , said offer is for two thousand dollars per acre for an area containing 1. 11 acres more or less for a total consideration of two thousand two hundred twenty dollars ($2220 . 00) with the City of Little Rock retaining title to the underlying fee in the said property. The Right of way to be conveyed to the Arkansas Power and Light Company is located in Pulaski County. The tract of land under consideration is more part- icularly described as follows : A right of way across part of the Northwest Quarter of the Northeast Quarter (NW4NE4) of Section 21 , Township 1 North , Range 11 West, Pulaski County, Arkansas , more particularly described as follows : BEGINNING at a point on the Easterly right of way line of the Natural Gas Pipeline Company of America, 540 feet North of the South line of the Northwest Quarter of the Northeast Quarter (NW4NE4) of said Section 21; thence Northeasterly 760 feet more or less along said right of way line to the South right of way line of Frazier Pike ; thence South 88 degrees 47 minutes 13 seconds East 63 feet more or less along the South right of way line of Frazier Pike ; thence Southwesterly 635 feet more or less along a line 60 feet from and parallel to the East right of way line of the Natural Gas Pipeline Company of America; thence South 1 degree 33 minutes 10 seconds West 125 feet; thence North 88 degrees 47 minutes 55 seconds West 104 feet more or less to the point of BEGINNING, containing 1 . 11 acres more or less. SECTION 2 . The offer to purchase the Easement for Right of Way as set out in the offer and acceptance dated October 29 , 1971, attached to this Resolution and incorporated therein by reference is hereby approved and accepted by the Board of Directors of the City of Little Rock, and the mayor is hereby authorized and directed to execute on behalf of the City of Little Rock an Easement of Right of Way in accordance herewith; and the city clerk is hereby autho- rized and directed to attest this Easement of Right of Way upon the payment of the said two thousand two hundred twenty dollars ($2220 . 00) . SECTION 3. This Resolution shall be in full force and effect from and after its adoption. ADOPTED: March 8, 1972 14/14,V ATTEST: APPROVED: dole, City Cl rk Mayor — ( ;, r Little Rock Port Authority Line Name: Transmission & Distribution Line September 19 71 County: Pulaski Date Arkansas Power and Light Company Pine Bluff, Arkansas . Gentlemen: Subject to your acceptance of this offer within 10 days of the date above stated, we hereby offer to grant to you upon the terms and conditions hereinafter stated, a right of way Sixty (6 0) feet in width across property in Pulaski County, Arkansas, to-wit: .:SLE A TAChLD SHEET • This offer is made on the following terms: 1. Arkansas Power and Light Company will pay as compensation for said right of way the sum of $ 2,000.00 , per acre, for the area within the limits of said sixty (GO) fe t wide right of way. 2. It is agreed and understood that this offer includes the value of the indicated right of way, the value of timber removed from the right of way, the road ,�.-.:. z.�,.-,,,.,-.,..,.,., right to construct .7.6 tr ;44;41'i'itt ('S) and distribution line(s) on the sixty (' 1 £t..:e.:t wide right of way. 3. It is agreed and understood that said right of way will be granted according to Arkansas Power and Light Company Right of Way Permit Form Number , a copy of which is attached hereto. -.4. Other special conditions of this offer are: It is understood and agreed that property rights affected herein is an easer+ent and not the underlying fee. 5. Upon your acceptance of this offer you will remit to the sum of $ 0.00 as earnest money to be applied on the total amount of compensation due. 6. I (We) hereby certify that I (We) am/are the rightful owner(s) or agent of the owner(s) of the property referred to herein,; n'o ever, to s ayre_ei ent is subject to final approval of the Board of City of Little a.oc�., «rc. LITTLE ROCK ORri' AUTHORITY bY�,/C}–f:_�t( (' .(:�.vt Lliair,:.dC ' Subscribed and sworn before me thisw-f ay of l�,.r -G c__ 19 7 My commission expires:£ -'e. /9 7 ''r t L iS . 4.ict_c- i NOTARY PUBLIC • The foregoing offer is hereby accepted on this the,�� day of i e �4e� 19 7/ , and the sum of $ as earnest money is transmitted herewith by means of draft number drawn by ARKANSA POWER AND LIG T COMPANY By: !61-2!..e.0.- R . -"-.c-i--L-,) ,—� Subscribed and sworn before me this .,<`/ day of c �� {.. 19 My commission expires: '/i- . /c ,- // , A, ....v,,.. ' NOTARY PUBLIC . LITTLE ROCK PORT AUTHORITY ACCESS ROAD AND DISTRIBUTION LINE RIGHT OF WAY A right of way across part of the Northwest Quarter of the Northeast Quarter (NW4NE4) of Section 21, Township 1 North, Range 11 West, Pulaski County, Arkansas, more particularly described as follows: BEGINNING at a point on the Easterly right of way line of the Natural Gas Pipeline Company of America, 540 feet North of the South line of the Northwest Quarter of the Northeast Quarter (NW4NE4) of said Section 21; thence Northeasterly 760 feet more or les's along said right of way line to the South right of way line of Frazier Pike; thence South 88 degrees 47 minutes 13 seconds East 63 feet more or less along the South right of way line of Frazier Pike; thence Southwesterly 635 feet more or less along a line 60 feet from and parallel to the East right of way line of the Natural Gas Pipeline Company of America ; thence South 1 degree 33 minutes 10 seconds West 125 feet; thence North 88 degrees 47 minutes 55 seconds West 104 feet more or less to the point of BEGINNING. A more particular description to be written after survey. 4 : 1.g f