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A RESOLUTION FINDING THAT IT IS TO THE BEST INTEREST OF THE CITY OF JONESBORO, ARKANSAS, TO SELL SURPLUS REAL ESTATE ADJOINING THE JONESBORO MUNICIPAL AIRPORT
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WHEREAS, the City of Jonesboro has heretofore acquired acreage on which an Airport has been constructed, has appointed an Airport Commission to manage same pursuant to law, and said Commission, by formal Resolution, and the City Council of Jonesboro finds that certain of the property so acquired is unnecessary for airport uses and that the proceeds of sale of same is necessary to the proper improvement and maintenance of the Municipal Airport of Jonesboro, and the use of the portion of the premises proposed to be sold will be in the public interest and add to the private and public economy of the City,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Jonesboro, Arkansas:
SECTION 1: That the City Council finds that the following described real estate is surplus and not required in the operation or use of the Jonesboro Municipal Airport, and that it is in the public interest to sell same for a consideration of $1,000.00 the track concerned being described as:
Begin at Quarter Corner of Sections 21 and 22, Township 14 North, Range 4 East, thence South on Quarter Section Line 150.5 feet to St. Louis-San Francisco Railway Company right-of-way line, thence North 44 degrees 08 minutes West along said right-of-way line 917.2 feet, thence North 46 degrees 49 minutes East 659.1 feet, thence North 42 degrees 27 minutes West 1782 feet, to the southerly right-of-way line of the St. Louis Southwestern Railway Company to the point of beginning proper, thence South 42 degrees 27 minutes East 1782 feet, thence South 46 degrees 49 minutes West 659.1 feet to the easterly right-of-way line of the St. Louis San Francisco Railway Company, thence North 44 degrees 08 minutes West 1382.1 feet along said right-of-way line, thence North 0 degrees 05 minutes East 769.5 feet to the southerly right-of-wa...
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