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A RESOLUTION TO THE CITY OF JONESBORO, ARKANSAS TO ACCEPT RIGHT-OF-WAY FROM RPI TURTLE CREEK MALL, LLC TO CONSTRUCT A RIGHT TURN LANE AT NORTHEAST CORNER OF THE INTERSECTION OF HIGHLAND DRIVE AND RED WOLF BOULEVARD
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WHEREAS, the City of Jonesboro, Arkansas desires to accept the following described right-of-way to construct a right turn lane:
RIGHT-OF-WAY STADIUM BLVD & HIGHLAND DRIVE
A PART OF LOT 1 OF LAIRD SURVEY OF THE NORTH HALF OF THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER OF SECTION 28 TOWNSHIP 14 NORTH RANGE 4 EAST, JONESBORO, CRAIGHEAD COUNTY, ARKANSAS, RECORDED 04/14/1959 IN PLAT BOOK 123 PAGE 69, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF SAID LOT 1; THENCE SOUTH 89°43'55" WEST A DISTANCE OF 237.38 FEET; THENCE SOUTH 51°05'28" WEST A DISTANCE OF 59.18 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 00°43'50" WEST ALONG THE PROPOSED RIGHT-OF-WAY A DISTANCE OF 126.03 FEET; THENCE SOUTH 07°29'17" WEST ALONG THE PROPOSED RIGHT-OF-WAY A DISTANCE OF 33.99 FEET TO A POINT ON THE EXISTING RIGHT-OF-WAY; THENCE NORTH 00°43'50" EAST ALONG THE EXISTING RIGHT-OF-WAY A DISTANCE OF 156.47 FEET; THENCE NORTH 51°05'28" EAST ALONG THE EXISTING RIGHT-OF-WAY A DISTANCE OF 5.19 FEET TO THE POINT OF BEGINNING, CONTAINING 565 SQ FT OR 0.013 ACRES.
WHEREAS, in exchange for the right-of-way described above, the City of Jonesboro hereby indemnifies RPI Turtle Creek Mall, LLC, RPI Turtle Creek Crossing, LLC, and Rouse Properties from and against any damages to their property which may occur as a result of the construction.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
Section 1: The Mayor and City Clerk are hereby authorized by the City Council for the City of Jonesboro, Arkansas to accept the right-of-way described above and to indemnify the parties listed on the Indemnification Agreement.
PASSED AND APPROVED this 18th day of November, 2014.