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A RESOLUTION OF THE CITY OF JONESBORO, ARKANSAS, AUTHORIZING THE MAYOR TO ENTER INTO AN AGREEMENT WITH GRADY AUCTIONS AND REALTY, INC., TO PERFORM A LIVE PUBLIC AUCTION OF SURPLUS CITY EQUIPMENT AND OTHER MISCELLANEOUS ITEMS
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WHEREAS, the City of Jonesboro, Arkansas, and Grady Auctions and Realty, Inc., desire to enter into an agreement to conduct a live public auction of surplus city equipment and miscellaneous items; and
WHEREAS, said agreement is attached hereto and the terms set out therein. In addition, all documents used in the professional service selection process are attached hereto for council consideration.
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS, THAT:
1. The City of Jonesboro approves the Agreement with Grady Auctions and Realty, Inc., to perform a live public auction of surplus city equipment and miscellaneous items. That the term of the Agreement shall be for a period of three years and there shall be no cost to the City. All other details of the agreement, including the scope of services to be provided, are set out in the attached agreement.
2. 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 effectuate this agreement.
PASSED AND APPROVED this 2nd day of July, 2019.