Title
A RESOLUTION TO THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO SELL PROPERTY LOCATED AT 6600 NESTLE ROAD
Body
WHEREAS, the City of Jonesboro is the owner of the property located at 6600 Nestle Road;
WHEREAS, the City of Jonesboro has received a bonafide offer from John Carter who desires to purchase the property located at 6600 Nestle Road, owned by the City of Jonesboro, Arkansas being more particularly described as follows:
The North 247.5 feet of the Northwest Quarter of the Southwest Quarter of Section 8, Township 13 North, Range 5 East, LESS AND EXCEPT the North 210 feet of the West 210 feet thereof, and LESS AND EXCEPT 180 feet right of way permit in favor of Arkansas Power and Light Company as shown by instrument recorded in deed record 292 page 704 at Jonesboro, Arkansas and Subject to Public Road right-of-way along the North and West sides thereof, AND the North 214.5 feet of the South 1072.5 feet of the Northwest Quarter of the Southwest Quarter of Section 8, Township 13 North, Range 5 East, subject to Public Road right of way along the West side thereof.
WHEREAS, it is in the best interest of the City of Jonesboro that said property be sold to John Carter for the sum of $12,000.00
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 and directed to sell the above described property to John Carter for the sum of $12,000.00 and execute any and all documents necessary to effectuate this transfer.
PASSED AND APPROVED this 5th day of July, 2011.