title
A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A LEASE AGREEMENT FOR PROPERTY LOCATED AT 107 FLINT STREET
body
WHEREAS, the City of Jonesboro entered into a lease agreement for certain real property located at 107 Flint Street, Jonesboro, AR 72401; and
WHEREAS, the Lease Agreement is to end on the 31st day of July, 2006, unless the city exercises the first of two (2) options to renew the Lease Agreement for an additional six (6) month period;
NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Jonesboro, Arkansas that:
1. The City Council agrees to exercise the first of two (2) options to renew the Lease Agreement for an additional six (6) month period.
2. The Mayor and City Clerk are hereby authorized to execute such documents as are necessary to effectuate this agreement.
PASSED AND APPROVED this 18th day of July, 2006.