title
RESOLUTION TO SELL PROPERTY TO THE JONESBORO URBAN RENEWAL
body
WHEREAS, the Jonesboro Urban Renewal has, in connection with its NDP Program, agreed to purchase and the City has agreed to sell certain real property of the City and the City having need for the funds to be derived there-from and said sale being in the best interest of the people of the City, it is:
RESVOLED that the City of Jonesboro sell to JUR for the sum of $10,000 the following described property:
Lot 1 in Block B of Thorn’s Church Street Addition to the City and for the sum of $40,000 the following described property: Lots 11, 12, 13 and 14 in Block 3 of Hurley and Moore’s Addition to the City of Jonesboro; and the north 50 feet of Tract 10 of Cobb’s Survey of the NW Quarter of the SE Quarter of Section 18, Township 14 N, Range 4 East, Jonesboro, Arkansas.
And that Neil Stallings, as Mayor, and Phyllis Stringer, as City Clerk, of the City of Jonesboro be authorized to execute deeds conveying such property to the JUR of Jonesboro, Arkansas.
PASSED AND ADOPTED this 7th day of May, 1973.