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RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS, TO ENTER INTO A CONTRACT TO PURCHASE PROPERTY LOCATED AT 651 W. HUNTINGTON FROM THE ARKANSAS STATE LAND COMMISSIONER
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WHEREAS, the City of Jonesboro desires to enter into a contract to purchase property located at 651 W. Huntington, Jonesboro, Arkansas and owned by the Arkansas State Land Commissioner; and
WHEREAS, the Jonesboro Planning Director is authorized to place the minimum opening bid at the land auction on July 13, 2020;
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS, THAT:
SECTION1: The City of Jonesboro, Arkansas shall contract with the Arkansas State Land Commissioner for the purchase of property located at 651 W. Huntington, Jonesboro, Arkansas.
SECTION 2: The Jonesboro Planning Director is authorized to place the opening bid at the Arkansas State Land Commissioners auction on July 13, 2020.
SECTION 3: The Jonesboro Land Bank held a special called meeting on June 29, 2020 and voted unanimously to recommend the purchase of the property located at 651 W. Huntington.
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 effectuate this agreement.
PASSED AND APPROVED THIS 7TH DAY OF JULY 2020.