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ORD NO 16-1981 CITY OF VAN BUREN, AIWNSAS ORDINANCE NO. /98 AN ORDINANCE TO AUTHORIZE THE EXCHANGE OF CERTAIN REAL PROPERTY. WHEREAS, the Water and Sewer Commission before the City of Van Buren, Arkansas is the owner of certain real property described as: Part of the Southwest Quarter of the Southeast Quarter of Section 10, A Township 9 North, Range 32 West, described as beginning at a point C e 20 feet North of the Southeast Corner of the Southwest Quarter of the Southeast Quarter; thence West 150 feet; thence North 200 feet; thence in a Southeasterly direction to a point on the East line of the South- west Quarter of the Southeast Quarter 158 feet North of the point of beginning; thence South 158 feet to the point of beginning,and WHEREAS, James W. Glidewell is the owner of certain real property described as: Part of the Southeast Quarter Southeast Quarter of Sec- tion 10, and part of the Northeast Quarter Northeast Quarter of Sec- tion 15, Township 9 North, Range 32 West Crawford County, Arkansas more particularly described as follows: Beginning 183.6 feet North of the Southwest Corner of said Southeast Quarter Southeast Quarter of Section 10, Thence continue North, along the West line of said Southeast Quarter Southeast Quarter of Section 10, 35.0 feet to the centerline of an existing road. Thence along said centerline, South 4 degrees 05 minutes East 40.7 feet. Thence South 66 degrees 12 minutes East 89.8 feet. Thence South 68 degrees 44 minutes East 96.6 feet. Thence South 62 degrees 20 minutes east 111.3 feet. Thence South 64 degrees 21 minutes East 90.6 feet. Thence South 72 degrees 00 minutes East 61.1 feet. Thence East 399.9 feet to the Northerly Right of Way line of Rena Road. Thence South 69 degrees 55 minutes West along said Right of Way line, 283.0 feet. Thence North 20 de- grees 02 minutes West 69.2 feet. Thence North 80 degrees 40 minutes W 95 0 ee Thor North 7 dgees 1�L m te West 83.4 f t, rc n e r o_ o ir.n g s feet. Thence North 63 degrees 24 minutes West 90.87 feet. Thence North 62 degrees 24 minutes West 110.Y! feet. Thence North 69 degrees 54 minutes West 97.05 feet. Thence North 68 degrees 27 minutes West 112.31 feet to the point of beginning containing 0.50 acre more or less subject to existing Road Rights of Way, and WHEREAS, the property owned by the City of Van Buren, Arkansas is surplus property, unaccessible and lies within the flood plain and is of no use to the City, and WHEREAS, the property belonging to James W. Glidewell will pro- vide an additional road frontage of 283 feet, making better access and more road frontage for the property presently belonging to the City of Van Buren, Arkansas, and WHEREAS, the properties are of comparable value and that it is in the best interest of the City of Van Buren, Arkansas, that said property be approved, and WHEREAS, the Water and Sewer Commission at its meeting on May 7, 1981, adopted a Resolution requesting this Council to approve the exchange of property, BE IT THEREFORE ORDAINED AND ENACTED BY THE CITY OF VAN BUREN, ARKANSAS, THAT, the property above described belonging to the City of Van Buren, Arkansas, be conveyed to James W. Glidewell, in exchange for the property above described belonging to James W. Glidewell, being conveyed to the City of Van Buren, Arkansas, THAT, the mayor for the City of Van Buren, Arkansas, is authorized and directed to execute such instruments and the Clerk is authorized and directed to attest such instruments as may be necessary to transfer the titles to the above described property. fit PASSED AND APPROVED THIS r day of June, 1981. 46 ATTE T_ t L. Mayor n Gra am, er,