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A RESOLUTION BY THE CITY OF JONESBORO, ARKANSAS TO EXECUTE A RELEASE AND WITHDRAWAL OF PETITION OF PROPERTY LOCATED ALONG STRAWFLOOR DRIVE
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WHEREAS, B & G Land Co. and E. Sloan Farms, Inc. offered to donate the property described in the Exhibit A (attached) to the City of Jonesboro for the completion of road improvements along Strawfloor Drive;
WHEREAS, the City of Jonesboro did not complete the road improvements along Strawfloor Drive and, therefore, the property was not required, and the City of Jonesboro did not accept the property described in Exhibit A;
WHEREAS, the petition and the offer of donation have been revoked and withdrawn by the Owners;
WHEREAS, the execution of the Release will evidence the termination of the Petition and any and all right, title and interest which the City of Jonesboro may have or claim under or through the Petition and to release the Property.
NOW, THEREFORE BE IT RESOLVED, BY THE CITY OF JONESBORO, ARKANSAS:
Section 1. The Mayor and the City Clerk are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate this Release and Withdrawal of Petition.