File #: RES-14:068    Version: 1 Name: Sale of property on Oakhurst and Floyd to Jeremy Moore
Type: Resolution Status: Passed
File created: 5/16/2014 In control: Public Works Council Committee
On agenda: Final action: 6/3/2014
Title: RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO SELL PROPERTY LOCATED AT 1300, 1302, 1304, 1306, 1312, 1314 OAKHURST AND 107 S. FLOYD, JONESBORO, ARKANSAS TO JEREMY MOORE
Sponsors: Mayor's Office
Indexes: Property sale
Attachments: 1. Building Facilities Meeting Minutes May 15, 2014, 2. FloydOakhurst_14 Warranty Deed, 3. Floyd107 2008 Warranty Deed, 4. Oakhurst1300_07 Warranty Deed, 5. Oakhurst1302_07 Warranty Deed, 6. Oakhurst1304_07 Warranty Deed, 7. Oakhurst1308_07 Warranty Deed, 8. Oakhurst1312_07 Warranty Deed, 9. Oakhurst1314_07 Warranty Deed, 10. Oakhurst1316_07 Warranty Deed
Related files: RES-14:093, PD-280
Title
RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO SELL PROPERTY LOCATED AT 1300, 1302, 1304, 1306, 1312, 1314 OAKHURST AND 107 S. FLOYD, JONESBORO, ARKANSAS TO JEREMY MOORE
Body
WHEREAS, the City of Jonesboro, Arkansas desires to sell and did advertise the property at 1300, 1302, 1304, 1306, 1308, 1312, 1314 Oakhurst and 107 S. Floyd for sell; and
WHEREAS, Jeremy Moore desires to purchase property at 1300, 1302, 1304, 1306, 1308, 1312, 1314 Oakhurst and 107 S. Floyd, owned by the City of Jonesboro, Arkansas and being more described as follows, to wit:
 
Lots 1-4 and 6-7, Blk D, Oakhurst Add and Pt Lot 4, NE NE SW Jonesboro City, Jonesboro, Arkansas; also know as 1300,1302,1304,1306,1312,1314 Oakhurst and 107 S.Floyd.
WHEREAS, it is in the best interest of the City of Jonesboro that said property be sold to Jeremy Moore for the sum of $50,234.00.
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 and accept the purchase price of $50,234.00 due and payable at the time of closing by the buyer.
 
PASSED AND APPROVED this 3rd day of June, 2014.