City of Jonesboro - File #: RES-07:2527

• File #: RES-07:2527
• Version: 1
• Name: Property purchase at 1010 Freeman from James and Georgia Stewart
• Type: Resolution
• Status: Passed
• File created: 10/16/2007
• In control: City Council
• Final action: 10/16/2007
• Title: RESOLUTION OF THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO PURCHASE PROPERTY LOCATED AT 1010 FREEMAN, JONESBORO, ARKANSAS FOR THE PURPOSE OF ESTABLISHING A DETENTION POND.
• Sponsors: Mayor's Office, Public Works
• Indexes: Property purchase - real
• Related files: MIN-07:1840, PD-075

Date	Ver.	Action By	Action	Result
10/16/2007	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 1010 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 1010 Freeman, Jonesboro, Arkansas for the purpose of creating a detention pond; and

WHEREAS, an Offer has been made and accepted by James and Georgia E. Stewart dated September 25, 2007 agreeing to sell their property located at 1010 Freeman, Jonesboro, Arkansas more particularly described as follows:

Lot 6C of Oakhill Terrace; also known as 1010 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 $121,000.00 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 ADOPTED this 16^th day of October, 2007.