RES NO 09-05-2001 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. q 6 -2001
A RESOLUTION AUTHORIZING SETTLEMENT TO AVOID COSTLY LITIGATION.
WHEREAS, That the City Council placed a moratorium on the construction of signs
within the City on March 19, 2001, and subsequently enacted an Ordinance
regulating the construction and placement of signs within the City; and
WHEREAS, Nation Outdoor Advertising, LLC, is an outdoor advertising company that
contracted with Poindexter -Bell, LLC to construct a billboard sign on
property owned by Poindexter -Bell, LLC located at 1914 Fayetteville
Road, Van Buren. Arkansas; and
WHEREAS, That prior to the issuance of the moratorium_ the City Building Department
issued a letter to the Arkansas Highway and Transportation Department
confirming that the construction of the Nation /Poindexter -Bell Billboard
was permitted under existing City ordinances; and
WHEREAS, Both Nation and Poindexter -Bell relied upon the assurances of the City
Building Department and constructed the said Billboard at some expense;
and
WHEREAS, That the Arkansas I- lighway and Transportation Department subsequently
denied a permit to erect the Billboard as a result of the sign ordinance
enacted by this Council; and
WHEREAS, That Nation subsequently assigned its interest in the sign location lease to
Sandford Properties, LLC d /b /a Ultra Outdoor Advertising. LLC, an
outdoor advertising company; and
WHEREAS, It is in the best interests of the citizens of Van Buren to avoid costly and
uncertain litigation;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
VAN BUREN, ARKANSAS:
SECTION 1: That the Mayor is hereby authorized to enter into a Settlement Agreement
with Sanford Properties, LLC d /b /a Ultra Outdoor Advertising, LLC. for
the placement of the Poindexter -Bell Billboard.
SECTION 2: That the City of Van Buren will incur no financial obligation to either
Nation Outdoor Advertising, LLC, Sanford Properties, LLC d /b /a Ultra
Outdoor Advertising, LLC or Poindexter -Bell. LLC as a result of entering
into said Settlement Agreement.
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PASSED AND APPROVED THIS I Tit DAY OF SEPTEMBER, 2001.
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A OS JOF N RIGGS-
ATTESTED:
CITY CLERKtTR SURKR
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