City of Jonesboro - File #: RES-07:1227

• File #: RES-07:1227
• Version: 1
• Name: Property purchase at 1014 Freeman from Greg and Margaret Hale
• Type: Resolution
• Status: Passed
• File created: 8/7/2007
• In control: City Council
• Final action: 8/7/2007
• Title: RESOLUTION OF THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO PURCHASE PROPERTY LOCATED AT 1014 FREEMAN, JONESBORO, ARKANSAS FOR THE PURPOSE OF ESTABLISHING A DETENTION POND.
• Sponsors: Mayor's Office, Public Works
• Indexes: Property purchase - real
• Related files: MIN-07:1674, PD-077

Date	Ver.	Action By	Action	Result
8/7/2007	1	City Council	Passed	Pass

title

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO PURCHASE PROPERTY LOCATED AT 1014 FREEMAN, JONESBORO, ARKANSAS FOR THE PURPOSE OF ESTABLISHING A DETENTION POND.

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WHEREAS, the City of Jonesboro, Arkansas desires to purchase the property located at 1014 Freeman, Jonesboro, Arkansas for the purpose of creating a detention pond; and

WHEREAS, an Offer has been made and accepted by Greg and Margaret Hale dated July 16, 2007 agreeing to sell their property located at 1014 Freeman, Jonesboro, Arkansas more particularly described as follows:

Lot 4, Block C, of Oakhill Terrace, 2^nd Addition; also known as 1014 Freeman St.

NOW THEREFORE, BE IT RESOLVED, by the City Council for the City of Jonesboro, Arkansas that:

SECTION 1.  The Mayor and City Clerk are hereby authorized to execute the documents necessary to complete this transaction at a price of $90,000.00 plus other allowable expenses to come from existing appropriations for City Drainage Projects, Account Number 07-100-0152-00. The City of Jonesboro shall furnish a Warranty Deed upon closing.

PASSED AND APPROVED this 2^nd day of August, 2007.