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A RESOLUTION TO THE CITY COUNCIL OF JONESBORO, ARKANSAS AUTHORIZING THE OFFER AND ACCEPTANCE TO PURCHASE ADDITIONAL RIGHT-OF-WAY ON S CARAWAY ROAD FOR THE PURPOSE OF CONSTRUCTING AND MAINTAINING ROADWAY IMPROVEMENTS
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WHEREAS, the City of Jonesboro, Arkansas desires to purchase the following described right-of-way for the purpose of constructing and maintaining roadway improvements:
PERMANENT RIGHT-OF-WAY BEING A PART OF LOT 1 OF SOUTH CARAWAY VILLAGE TO THE CITY OF JONESBORO, CRAIGHEAD COUNTY, ARKANSAS, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGINNING AT THE SOUTHEAST CORNER OF LOT 1 OF SOUTH CARAWAY VILLAGE TO THE CITY OF JONESBORO, CRAIGHEAD COUNTY, ARKANSAS; THENCE NORTH 00°20'38" EAST, 30.01 FEET TO THE POINT OF BEGINNING PROPER; THENCE SOUTH 88°34'12" WEST, 16.47 FEET; THENCE NORTH 00°16'30" WEST, 242.87 FEET TO A POINT ON A CURVE TO THE RIGHT; THENCE SOUTHEASTERLY ALONG SAID CURVE WITH A CENTRAL ANGLE OF 58°28'12", A RADIUS OF 40.00 FEET, 40.82 FEET TO A POINT THAT BEARS SOUTH 28°53'31" EAST, 39.08 FEET FROM THE LAST SAID POINT; THENCE SOUTH 00°20'38" WEST, 208.25 FEET TO THE POINT OF BEGINNING PROPER, CONTAINING 4121.33 SQ. FT., MORE OR LESS, SUBJECT TO ALL RIGHTS-OF- WAY AND EASEMENTS OF RECORD.
WHEREAS, an Offer has been made and accepted to purchase the above described property for the price of $61,700.00.
WHEREAS, the attached Offer and Acceptance will be executed upon passage of this resolution.
WHEREAS, the funding for this purchase shall come from the Capital Improvement budget.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO THAT:
Section 1: The Mayor and City Clerk are hereby authorized to execute the documents necessary to effectuate this transaction.
PASSED AND APPROVED THIS 3RD DAY OF SEPTEMBER 2024.