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RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS, AUTHORIZING THE MAYOR AND CITY CLERK TO SELL PROPERTY LOCATED AT 1300, 1302, 1304, 1308, 1312, 1314, 1316 OAKHURST, AND 107 S. FLOYD STREET, JONESBORO, ARKANSAS TO JEREMY MOORE
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WHEREAS, THE CITY OF JONESBORO, ARKANSAS DESIRES TO SELL AND DID ADVERTISE THE PROPERTY AT 1300,1302,1304,1308,1312,1314,1316 OAKHURST AND 107 S. FLOYD FOR SALE; AND
WHEREAS, JEREMY MOORE DESIRES TO PURCHASE PROPERTY AT 1300,1302,1304,1308,1312,1314,1316 OAKHURST, AND107 S.FLOYD STREET, OWNED BY THE CITY OF JONESBORO, ARKANSAS AND BEING MORE DESCRIBED AS FOLLOWS, TO-WIT:
LOTS 1,2,6,7,8 OF BLOCK D OF OAKHURST ADDITION AND LOTS 3&4 OF REVISED LOTS 3&4 (A REPLAT OF LOTS 3,4,&5) OF BLOCK D OF OAKHURST ADDITION AND A PART OF LOT 4 OF COBB'S SURVEY OF PART OF THE NORTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 13, TOWNSHIP 14 NORTH, RANGE 3 EAST DESCRIBED IN BOOK 769, PAGE 410.)
WHEREAS, IT IS IN THE BEST INTEREST OF THE CITY OF JONESBORO THAT SAID PROPERTY BE SOLD TO JEREMY MOORE FOR THE SUM OF $50,234.00.
WHEREAS, PREVIOUSLY RES. 14:068 WAS ADOPTED WITH A TYPOGRAPHICAL ERROR.
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 TRNSACTION AND ACCEPT THE PURCHASE PRICE OF $50,234.00 DUE AND PAYABLE AT THE TIME OF CLOSING BY THE BUYER.
SECTION 2: THAT THIS RESOLUTION IS INTENDED TO CORRECT RESOLUTION 14:068, TO CORRECT TYPOGRAPHICAL ERRORS IN THE PREVIOUS RESOLUTION.
PASSED AND APPROVED this 1st day of July, 2014.