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A RESOLUTION TO THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO PURCHASE PROPERTY LOCATED AT 315 S PATRICK, JONESBORO, ARKANSAS FOR THE PURPOSE OF STREET IMPROVEMENTS
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WHEREAS, the City of Jonesboro, Arkansas desires to purchase the property located at 315 S Patrick, Jonesboro, Arkansas for the purpose of street improvements
WHEREAS, an Offer has been made and accepted by Linda Boethin dated June 18, 2014 agreeing to sell her property located at 315 S Patrick, Jonesboro, Arkansas more particularly described as follows:
A PART OF LOT 3 IN BLOCK 3 OF BROADAWAY ADDITION, RECORDED 04/19/1898 BOOK 18 PAGE 169, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: THE EAST 20 FEET OF THAT PART OF LOT 3 IN BLOCK 3 OF BROADAWAY ADDITION AS DESCRIBED BY WARRANTY DEED IN BOOK 471 PAGE 316, CONTAINING 2010 SQUARE FEET OR 0.05 ACRES.
WHEREAS, the funding for the purchase of this property shall come from the Capital Improvement budget.
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 $2,300.00 to come from the Capital Improvement budget.
PASSED AND APPROVED this 15th day of July, 2014.