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1020 Aggie Road
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ORD-14:029 was passed on May 8, 2014
Frolic Footwear/Wolverine World Wide factory
Tract 2: The East 1/2 of Lots 2-4 in Block 1 of Stephenson's Addition, now known as Lot 2ER of the Replat of the East 1/2 of Lots 2-4 of Stephenson's Addition
Tract 3: Lot 1 of Patrick's Subdivision of Block 6 of the East End Addition
Tract 4: A part of Lot 10 of Cobb & Lee's Survey of the NW 1/4 of Section 17, Township 14 North, Range 4 East
Tract 5: Lots 2 and 3 of Patrick's Subdivision of Block 6 of East End Addition
Tract 6: Lots 5 and 6 in Block "B" of Brothers Addition, now known as Lot 1 of Vance's Replat Lots 5 & 6 of Block "B" in the Brothers Addition
Parcel number: related to 01-144172-02900, 01-144173-09700, 01-144173-09800, 01-144181-05700, 01-144181-36800
City of Jonesboro leased the property to Wolverine World Wide effective November 1, 1981, for a period of ten years for $12,000 per year. In October, 1991, Wolverine renewed the lease for another 10 years. The Quitclaim Deed for tracts 2-6 was filed in the Circuit Clerk's Office on August 25, 2014, in Book JB2014R-013566 3.
Does the city still own the property? Yes
Other related property file(s): 5601 East Nettleton Avenue
Attachments included are:
Renewal letter from 1991
Agreement of Lease from 1981
Real estate property tax card from 1977
Resolution and release deed for the Jonesboro Parking Authority (June, 1976)
ORD-14:029
Quitclaim deed
Settlement Statement
Declaration of Restrictive Covenant