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RESOLUTION TO SELL LAND ON THE EAST SIDE OF KRUEGER DRIVE IN THE INDUSTRIAL PARK TO KENNEY CORPORATION
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BE IT RESOLVED by the City Council of the City of Jonesboro, Arkansas, that
WHEREAS, the Kenney Corporation, G. Dickson Kenney, President have expressed their desire to construct a manufacturing plant in Jonesboro, Arkansas and have entered into negotiations with the City of Jonesboro, Arkansas for the purchase of a tract of land in the Jonesboro Industrial Park conspiring 22 acres for the proposed price of $132,000.00.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Jonesboro, Arkansas that the City of Jonesboro agrees to sell 22 acres located on the east side of Krueger Drive in the Jonesboro Industrial Park to the Kenney Corporation for $132,000.00.
PASSED AND ADOPTED this 3rd day of September, 1985.