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A RESOLUTION BY THE CITY OF JONESBORO TO WITHDRAW THE CONDEMNATION OF CERTAIN REAL PROPERTY LOCATED AT 301 REEVES STREET, JONESBORO, ARKANSAS AND AUTHORIZE THE PURCHASE OF ADDITIONAL RIGHT-OF-WAY AT 301 REEVES STREET FOR THE PURPOSE OF CONSTRUCTING AND MAINTAINING ROADWAY IMPROVEMENTS
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WHEREAS, the City of Jonesboro condemned certain property located within the City of Jonesboro located at 301 Reeves Street, Jonesboro, Arkansas for the purpose of constructing and maintaining roadway improvements on September 20, 2022 (RES-22:140);
WHEREAS, the owner of said property has accepted the original offer by the City of Jonesboro to purchase the needed right-of-way for the price of $2,043.00;
WHEREAS, the City of Jonesboro desires to void the earlier condemnation of the right-of-way located at 301 Reeves Street and execute the attached Offer and Acceptance; and,
WHEREAS, the funding for this purchase shall come from the Capital Improvement budget.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
Section1: That the City of Jonesboro hereby voids the condemnation of property located at 301 Reeves Street and agrees to purchase said right-of-way per the attached Offer and Acceptance.
Section 2: The Mayor and City Clerk are hereby authorized to execute the documents necessary to effectuate this transaction.
PASSED AND APPROVED THIS 17TH DAY OF JANUARY 2023.