City of Jonesboro - File #: RES-19:046

• File #: RES-19:046
• Version: 1
• Name: AUTHORIZE THE LAND BANK TO PLACE A BID UP TO THE AMOUNT OF THE LIEN DURING THE AUCTION OF PROPERTY LOCATED AT 501 MARSHALL STREET
• Type: Resolution
• Status: Passed
• File created: 4/10/2019
• In control: City Council
• On agenda: 4/16/2019
• Final action: 4/16/2019
• Title: A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS TO AUTHORIZE THE LAND BANK TO PLACE A BID UP TO THE AMOUNT OF THE LIEN DURING THE AUCTION OF PROPERTY LOCATED AT 501 MARSHALL STREET, JONESBORO, ARKANSAS.
• Sponsors: Land Bank Commission

Date	Ver.	Action By	Action	Result
4/16/2019	1	City Council	Passed	Pass

Title

A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS TO AUTHORIZE THE LAND BANK TO PLACE A BID UP TO THE AMOUNT OF THE LIEN DURING THE AUCTION OF PROPERTY LOCATED AT 501 MARSHALL STREET, JONESBORO, ARKANSAS.

Body

WHEREAS, the City of Jonesboro filed a judicial foreclosure against Wendell Parrish for work completed on property located at 501 Marshall Street, Jonesboro, Arkansas 72401 also known as Lot 13 of Block D of Cedar Heights 2^nd Addition; and

Whereas, the total lien amount is $3,030.88; and

Whereas, all property acquisitions must be approved by City Council;

NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:

Section 1:                       The city of Jonesboro, Arkansas can bid up to the full amount of the lien at the auction for property located at 501 Marshall Street, Jonesboro, Arkansas.

Section 2:                     A copy of the Affidavit of Statutory Lien is attached hereto.

Section 3:                     A copy of Resolution 18:199 is attached hereto.

Section 4:                     The Mayor, Harold Perrin, and City Clerk, Donna Jackson, are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to commence foreclosure.

PASSED AND APPROVED this 16th day of April, 2019.