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1531t ORDINANCE NO.J 31 AN ORDINANCE APPROVING THE SALE OF CERTAIN REAL PROPERTY TO THE ARKANSAS STATE HIGHWAY COMMISSION AND AUTHORIZING THE MAYOR AND CITY CLERK TO SIGN THE NECESSARY DOCUMENTS TO COMPLETE THE SALE, DECLARING AN EMERGENCY, AND FOR OTHER PURPOSES. WHEREAS, the Arkansas State Highway Commission has offered to purchase certain real property along the right- of-way of Highway 70; and WHEREAS, Arkansas law requires that the transfer of real property by a municipality be approved by ordinance of the City Council; and WHEREAS, the West Memphis City Council finds that the transfer of the real property as set out in the Special Warranty Deed attached hereto as Exhibit "A" should be approved and the Mayor and the City Clerk should be authorized to execute the necessary documents to complete this sale; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, THAT: 1. The sale of the real property set out in Exhibit "A" hereto is hereby approved andthe Mayor and the City Clerk are hereby authorized to execute the necessary documents on behalf of the City of West Memphis to complete this transfer. 2. EMERGENCY CLAUSE. It having been found and determined by the City Council of the City of West Memphis, Arkansas, that there is an urgent need by the City of West ~` Memphis to transfer the real property described in Exhibit "A" for the development of Highway 70 and that time is of the essence, an emergency is hereby declared to exist, and this Ordinance being necessary for the preservation of the public peace, health, safety and welfare of the citizens of West Memphis, Arkansas, shall be in full force and effect from and after the date of its passage and approval. PASSED AND APPROVED this d~J1 day of ~ ~ 1992. KE H M. INGRAM, ay ATTEST: DAN CRAFT, C e SPONSORED BY: ~' ~' '~ GXH~gt"c" "A" Job No. 11934 Tract No. 2 & 6 SPECIAL WARRANTY DEED KNOW ALL MEN BY THESE PRESENTS: THAT we, The City of West Memphis for and in consideration of the sum of TWO THOUSAND FIVE HUNDRED AND NO/100 dollars ($2,500.00), and other. .good and valuable consideration, cash in hand paid by the Arkansas State Highway Commission, the receipt of which is hereby- acknowledged, do hereby ,grant, bargain, sell and convey unto the Arkansas State Highway Commission and unto its successors and assigns forever the following lands, inr,luding such minerals therein and thereunder, as oil, gas, distillate, condensate, salt water and its component parts, and all other hydrocarbons, lying and being situated in the County of Crittenden, State of Arkansas, to-wit: Tract 2 Part of the North Half of the Northwest Quarter of Section 15, Township 6 North, Range 8 East, Crittenden County, Arkansas, more particularly described as follows: ~/ Starting at the Southwest corner of the Northwest Quarter of the Northwest Quarter of Section 15; thence North 00 44' 42" East along the West line thereof a distance of 1,273.29 feet to a point on the existing Southerly right of way lime of U.S. Highway 70; thence South 89° 10' 54" East along said existing right of way line a distance of 132.94 feet to a point; thence Sotrth 89° 26' 35" East along said existing right of way Line a distance of 458.57 feet to a point for the point of beginning; thence continue South 89`' 26' 35" East along said existing right of way line a distance of 741.92 feet to a point; thence North 00'' 33' 25" East, along said existing right of way line a distance of 5.00 feet to a point; thence South 89° 26' 35" East along said existing right of way line a distance of 199.63 feet to a point on the proposed Southerly right of way line of said U.S. Highway- 70; thence South 00'' 33' 25" West alon5 said proposed right of way line a distance of 10.00 feet t.o a point; thence South 89' 07' 30" West along said proposed right of way line a distance of 200.06 feet to a point; thence South 87~' 41' 40" West along said proposed right, of wa,J ]_ine a distance of 400.50 feet to a point; thence North 88' 00' 40" West along said proposed right of way line a distance of 200.06 feet to a point; thence North 88'' 29' 18" West along said proposed right of way line a distance 139.68 feet to a point on +~A Centerline of 15 { Mile Bayou; thence North 04~ 12' 39" Test along said Centerline a distance of 22.75 feet to the point of beginning and containing 0.44 acre more or less or 19,349 square feet more or less. Tract; 6 Part of Lots 6 &. 7, J.C. Rainer Subdivision, being part of the Southwest Quarter of the Southwest Quarter of Section 10, Township 6 North, Range 8 East, Crittenden County, Arkansas, more particularly described as follows: Starting at the Northwest corner of Lot 6, J.C. Rainer Subdivision; thence South 00~` 44' 42" West along the West line thereof a distance 2,537.81 feet to a point on the proposed Northerly right of wayr line of U.S. Highway 70 for the point of beginning; thence South 86` 00' 34" East along said proposed right of way line a distance of 308.13 feet to a point on the existing Northerly right of way line of said U.S. Highway 70; thence North 89° 26' 35" West along said existing right of way line a distance of 307.64 feet to a point on the West line of Lot 6, J.C. Rainer Subdivision; thence North 00'' 44' 42" East along said West line a distance 18.45 feet to the point of beginning and containing 0.07 acre more or less or 2,839 square feet mare or lE:ss. TO HAVE A,'VrD TO HOLD the same unto the said Arkansas State Highway- Commission and unto its successors and assigns foreti-er. And t}ie City of West Memphis hereby- convenants with the said Arkansas State Highway Commission that the City- of West Memphis will forever warrant and defend the title to said lands and property against the lawful claims and encumbrances done or suffered by or through it, but against none other. IN WITNESS WHEREOF, the City of West Memphis, Arkansas as authorized by Ordinance No. 1531 adopted on May 21, __ 19 92 , has caused these presents to be signed by its Mayor, attested by its City Clerk and its corporated seal affixed, nn this 21st day of r~,y 1 g 92 Mayor ATTEST: City- Clerk A C K N O W L E D G M E N T ~..' STATE OF ) SS COUNTY OF ) On this 2~n.,, day of ~~, , 19~, before me, a Notary Public, duly commissioned, qualified and acting, within and for said County and State, appeared the within name Keith NI. Ingram and Dan Craft , and being the Mayor and City Clerk, respectively, of the City of West Memphis, Arkansas, a Municipal Corporation, and who had been designated by said corporation to execute the above instrument, to me well personally known, who stated that they were the Mayor and the City Clerk of said City of West Memphis, Arkansas, a Municipal Corporation, and were duly authorized in their respec- tive capacities to execute the foregoing instrument for and in the name and on the behalf of said Municipal 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 seal this 22nd day of R~av 19 a~ . NOTARY PUBLIC My Commission Expires: .~e~temL~er 4 , l q 9