Title
A RESOLUTION TO THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO PURCHASE PROPERTY LOCATED AT 916 HOPE STREET, JONESBORO, ARKANSAS FOR THE PURPOSE OF STREET IMPROVEMENTS
Body
WHEREAS, the City of Jonesboro, Arkansas desires to purchase the property located at 916 Hope Street, Jonesboro, Arkansas for the purpose of street improvements
WHEREAS, an Offer has been made to the estate of Tyrone Green for the purchase of the property located at 916 Hope Street, Jonesboro, Arkansas more particularly described as follows:
A PART OF LOT 1 IN BLOCK 3 OF BROADAWAY ADDITION, RECORDED 04/19/1898 BOOK 18 PAGE 169, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
THE EAST 20 FEET OF LOT 1 IN BLOCK 3 OF BROADAWAY ADDITION, CONTAINING 3300 SQUARE FEET OR 0.08 ACRES.
WHEREAS, the funding for the purchase of this property shall come from the Capital Improvement budget.
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 $3,800.00 to come from the Capital Improvement budget.
PASSED AND APPROVED this 16th day of December, 2014.