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A RESOLUTION TO THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR TO ENTER INTO A CONTRACT WITH THE ARKANSAS STATE HIGHWAY COMMISSION, AN AGENCY OF THE STATE OF ARKANSAS, TO SELL PROPERTY LOCATED IN THE CITY LIMITS OF JONESBORO
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WHEREAS, the City of Jonesboro is owner of certain real property, which is described below:
Part of the Southwest Quarter of the Southwest Quarter of Section 25, Township 14 North, Range 4 East, Craighead County, Arkansas more particularly described as follows:
Commencing at a railroad spike being used as the Section Corner of Sections 25, 26, 35, 36; thence North 89°22’54” East along the South line of the Southwest Quarter of the Southwest Quarter of Section 25 a distance of 22.51 feet to a point on the Easterly right of way line of Arkansas State Highway 18 Spur as established by AHTD Job R00041; thence North 00°20’24” East along said right of way line a distance of 62.64 feet to a point on the Northerly right of way line of C.W. Post Road as established by AHTD Job R00041; thence South 55°43’47” East along said right of way line a distance of 21.63 feet to a point on the Easterly right of way line of Arkansas State Highway 18 Spur as established by warranty deed recorded in Deed Book 779, Pages 579-585; thence North 00°51’49” East along said right of way line a distance of 1,212.56 feet to the POINT OF BEGINNING; thence North 21°09’28” West along said right of way line a distance of 53.33 feet to a point on the North line of the Southwest Quarter of the Southwest Quarter of Section 25; thence North 89°31’36” East along said North line a distance of 50.51 feet to a point on the Easterly right of way line of Arkansas State Highway 18 Spur as established by ARDOT Job 100657; thence South 03°29’32” West along said right of way line a distance of 49.94 feet to a point on the Southerly right of way line of a Railroad Spur as established by Dedication Deed recorded in Deed Book 359, Page 365; thence South 89°23’09” West along said right of way line a distance of 28.23 feet to the point of beginning and containing 0.05 acres more or less as shown on plans prepared by the ARDOT referenced as Job 100657.
WHEREAS, the Arkansas State Highway Commission desires to purchase the above described property;
WHEREAS, the City of Jonesboro has agreed to sell the above described property to the Arkansas State Highway Commission in accordance with the terms set out in the attached “Contract to Sell” for the purchase price of $1,275.00.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO OF JONESBORO, ARKANSAS THAT:
Section1. The Mayor and City Clerk are hereby authorized by the City Council for the City of Jonesboro, Arkansas to execute all documents necessary to effectuate this transfer.
PASSED AND APPROVED THIS 17TH DAY OF AUGUST, 2021.