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A RESOLUTION OF THE CITY OF JONESBORO, ARKANSAS, AUTHORIZING THE MAYOR TO ENTER INTO AN AMENDED LEASE AGREEMENT WITH HYTROL CONVEYOR COMPANY, INC., TO CORRECT A MUTUAL MISTAKE AS TO THE DESCRIPTION OF PROPERTY COVERED BY LEASES EXECUTED BY THE PARTIES IN 1969, 1973, AND 1988
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WHEREAS, the City of Jonesboro, Arkansas, and Hytrol Conveyor Company, Inc., desire to enter into an amended lease agreement regarding leases executed by the parties in 1969, 1973, and 1988 to correct a mutual mistake in the legal description of the property covered by the leases and
WHEREAS, said agreement is attached hereto and the terms set out therein;
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS, THAT:
1. The City of Jonesboro approves the Lease Amendment with Hytrol Conveyor Company, Inc., to correct the mutual mistake in the legal description of the property that is the subject of the 1969, 1973, and 1988 leases. All details of the agreement are set out in the attachment.
2. The Mayor, Harold Copenhaver, and the City Clerk, April Leggett, are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate this agreement.
PASSED AND APPROVED THIS 21ST DAY OF MAY, 2024.