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RESOLUTION FOR CITY WATER & LIGHT TO BUY EAST SCHOOL PROPERTY
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WHEREAS: The growth and progress of Jonesboro has made it positively necessary for City Water and Light to have larger and better arranged headquarters facilities in order to continue to provide good, efficient and economical service:
AND WHEREAS: Excessive costs of increasing operations in the present facilities will waste more than the cost of a new structure and the problems cannot be solved by remodeling on the present site;
AND WHEREAS: The City of Jonesboro by Resolution of its Council on March 5, 1962 did offer for sale certain property located at Carson and East Streets, known as the East School Property;
NOW THEREFORE: BE IT RESOLVED by the Board of Directors of City Water and Light that City Water and Light purchase said East School Property for a headquarters building from the City of Jonesboro under the following terms and conditions:
(1) The City Water and Light pay City of Jonesboro not to exceed $60.000.00.
(2) City of Jonesboro to widen streets in the vicinity, all according to the attached schedule and map prepared by the Mayor and City Council Street Committee; and install curb, gutter and hare surface on the streets where widened.
(3) City of Jonesboro to designate and enforce no parking in the area as recommended by the Joint Traffic Study Committee, more specifically as follows:
(A) Monroe form Church to East Street
(B) East from Monroe to Washington
(C) Washington from Church to Carson (except where not cut back for parking)
(D) Carson from Washington to Monroe
(4) City of Jonesboro agrees to use its condemnation powers if necessary to acquire land for widening Carson from Washington to Monroe. Specifically, a parcel on the east side of Carson from Washington to Monroe described as Lot 3, Cobb Survey, SW ΒΌ Section 18, Township 14 N, Range 4 E, and City Water and Light upon mutual consent of its Board of Directors and City Council will pay the cost of su...
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