File #: RES-07:54    Version: 1 Name: Property purchase at 1308 Oakhurst from Brenda & Milford Pierce
Type: Resolution Status: Passed
File created: 5/1/2007 In control: Public Works Council Committee
On agenda: Final action: 5/15/2007
Title: RESOLUTION OF THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO PURCHASE PROPERTY LOCATED AT 1308 OAKHURST ST., JONESBORO, ARKANSAS FOR THE PURPOSE OF ESTABLISHING A DETENTION POND.
Sponsors: Mayor's Office
Indexes: Property purchase - real
Attachments: 1. 1308 Oakhurst St.
Related files: MIN-07:075, PD-280

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RESOLUTION OF THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO PURCHASE PROPERTY LOCATED AT 1308 OAKHURST ST., JONESBORO, ARKANSAS FOR THE PURPOSE OF ESTABLISHING A DETENTION POND.

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WHEREAS, the City of Jonesboro, Arkansas desires to purchase the property located at 1308 Oakhurst St., Jonesboro, Arkansas for the purpose of creating a detention pond; And

 

WHEREAS, an Offer has been made and accepted by Brenda and Milford Pierce dated April 12, 2007 agreeing to sell their property located at 1308 Oakhurst St., Jonesboro, Arkansas more particularly described as follows:

 

Lot 4 Block D of Oakhurst Addition also known as 1308 Oakhurst St.

              

WHEREAS, the Public Works Committee of the Jonesboro City Council recommended approval of the land purchase on May 1, 2007.

 

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 transaction at a price of $30,000.00, plus other allowable expenses to come from existing appropriations for City Drainage Projects, Account Number 07-100-0152-00. The City of Jonesboro shall furnish a Warranty Deed upon closing.

 

PASSED AND APPROVED this 15th day of May, 2007.