File #: RES-07:2415    Version: Name: Property purchase on Strawfloor Road from Doyle and Margaret Brown
Type: Resolution Status: Passed
File created: 10/2/2007 In control: Public Works Council Committee
On agenda: 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 STRAWFLOOR RD, JONESBORO, ARKANSAS FOR THE PURPOSE OF ESTABLISHING A GAS EXTRACTION.
Sponsors: Mayor's Office, Public Works
Indexes: Property purchase - real
Attachments: 1. Strawfloor Rd. Brown (Complete)
Related files: MIN-07:1840, PD-199

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RESOLUTION OF THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO PURCHASE PROPERTY LOCATED AT STRAWFLOOR RD, JONESBORO, ARKANSAS FOR THE PURPOSE OF ESTABLISHING A GAS EXTRACTION.

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WHEREAS, THE City of Jonesboro, Arkansas desires to purchase the property located at Strawfloor Rd., Jonesboro, Arkansas for the purpose of creating a gas extraction; And

 

WHEREAS, an Offer has been made and accepted by Doyle E. and Margaret Brown dated May 14, 2007 agreeing to sell their property located at Strawfloor Rd. Jonesboro, Arkansas more particularly described as follows:

 

A Gas Extraction Easement being a part of the Southwest Quarter Of Section 23, Township 14 North, Range 3 East, Craighead County, Arkansas; see attached legal

 

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 $12,300.00 plus other allowable expenses to come from existing appropriations for City Methane Gas Extraction, Account Number 07-100-0306-00. The City of Jonesboro shall furnish a Warranty Deed upon closing.

 

PASSED AND ADOPTED this 16th day of October, 2007.