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300 South Church Street
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ORD-12:047 was passed on August 21, 2012, for the trade of the property
Property is surrounding the southeaset corner of Church & Creath (Mercantile Bank Center), including parking lot north of Creath. This building will be the new City Hall.
Tract 1: Lots 3, 4, 7 and the north 8 feet of the west 125 feet of Lot 7, and Lots 8, 9, and 10 of Stephenson's Church Street Addition (see property deed for less and except description)
Tract 2: Lots 9, 13, 14, 15, 16, 17, 18, 19, 20 and 21, the west 1/2 of Lot 17 and the east 1/2 of Lot 17 (see property deed for less and except description) of Stephenson's Church Street Addition
Tract 3: Lot 8, Block A, Thorn's Church Street Addition
Tract 4: Lot 6 and all of Lot 7, less the north 8 feet of the west 125 feet in Stephenson's Church Street Addition
Parcel number: 01-144184-33800; 01-144184-33900; 01-144184-34000; 01-144184-34100; 01-144184-34300; 01-144184-34500; 01-144184-34600; 01-144184-34700
City of Jonesboro purchased the property Mercantile Center, LLC.
Does the city still own the property? Yes
Filed in the Circuit Clerk's Office on August 29, 2012, in Book JB2012R-014646 3.
Other related files:
512 West Jefferson Street (PD-261)
515 WEst Washington Avenue (PD-229)
Attachments included are:
ORD-12:047
Warranty Deed dated August 24, 2012
Settlement Statement dated August 24, 2012
Appraisal report dated July 30, 2012
Assignment of Leases and Assumption Agreement dated August 24, 2012
Real Estate Contract