File #: RES-19:108    Version: 1 Name: PURCHASE PROPERTY LOCATED AT 106 N. ALLIS, JONESBORO, ARKANSAS FOR THE PURPOSE OF THE NEIGHBORHOOD STABILIZATION PROGRAM (NSP) GRANT AWARD FOR THE VETERANS VILLAGE OF JONESBORO
Type: Resolution Status: Passed
File created: 8/7/2019 In control: Finance & Administration Council Committee
On agenda: Final action: 8/20/2019
Title: RESOLUTION TO THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO PURCHASE PROPERTY LOCATED AT 106 N. ALLIS, JONESBORO, ARKANSAS FOR THE PURPOSE OF THE NEIGHBORHOOD STABILIZATION PROGRAM (NSP) GRANT AWARD FOR THE VETERANS VILLAGE OF JONESBORO
Sponsors: Grants
Indexes: Property purchase - real
Attachments: 1. 106 N Allis appraisal.pdf, 2. 106 N Allis Purchase Agreement.pdf, 3. ADFA Agreement, 106 N. Allis.pdf
Related files: PD-325

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RESOLUTION TO THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO PURCHASE PROPERTY LOCATED AT 106 N. ALLIS, JONESBORO, ARKANSAS FOR THE PURPOSE OF THE NEIGHBORHOOD STABILIZATION PROGRAM (NSP) GRANT AWARD FOR THE VETERANS VILLAGE OF JONESBORO

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WHEREAS, the City of Jonesboro, Arkansas desires to purchase the property located at 106 N. Allis, Jonesboro, Arkansas for the purpose of the Veterans Village; and

 

WHEREAS, an offer has been made and accepted by Charles Lance Sloan dated May 21, 2019 agreeing to sell his property located at 106 N. Allis, Jonesboro, Arkansas ; and

 

WHEREAS, the funding of this purchase of this property shall come from the NSP grant funds.

 

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

 

SECTION 1: The Mayor and the City Clerk are hereby authorized by the City Council for the City of Jonesboro to execute all necessary documents to complete this transaction to come from the NSP grant funds.

 

PASSED AND APPROVED, this 20th day of August, 2019.