Title
RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO SELL PROPERTY LOCATED AT 5300 C.W. POST ROAD, JONESBORO, ARKANSAS TO LINDA WOFFORD (ENGINES, INC.)
Body
WHEREAS, the City of Jonesboro, Arkansas desires to sell and did advertise the property at 5300 C.W. Post Road for sell, and
WHEREAS, Linda Wofford (Engines, Inc.) desires to purchase property at 5300 C.W. Post Road, owned by the City of Jonesboro, being more particularly described as follows, to wit:
All of the Southeast Quarter of the Southwest Quarter of Section 26, Township 14 North, Range 4 East, Jonesboro, Craighead County, Arkansas, lying North and East of the Right of Way of the Burlington Northern Railroad, formerly known as St. Louis & San Francisco Railroad, and lying North and West of the Right of Way of a Railroad Spur (20' each side of the existing tracks), containing approximately 5 acres.
WHEREAS, it is in the best interest of the COJ that said prperty be sold to Linda Wofford (Engines, Inc.) for the sum of $16,000.00.
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 and accept the purchase price of $16,000.00 due and payable at the time of closing by the buyer.
PASSED AND APPROVED this 16th day of July, 2013.