Legislation Details

File #: RES-57:2017    Version: 1 Name: Authorizing use of parking funds to pay for purchase of property
Type: Resolution Status: Passed
File created: 10/7/1957 In control: City Council
On agenda: Final action: 10/7/1957
Title: RESOLUTION APPROVING THE PARKING FUNDS AS PAYMENT FOR THE PURCHASE OF LOTS 3 AND 4 OF THE FLOSSIE RITTER’S ADDITION TO THE CITY OF JONESBORO, ARKANSAS
Indexes: Budget amendment, Property purchase - real
Related files: MIN-57:21

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RESOLUTION APPROVING THE PARKING FUNDS AS PAYMENT FOR THE PURCHASE OF LOTS 3 AND 4 OF THE FLOSSIE RITTER’S ADDITION TO THE CITY OF JONESBORO, ARKANSAS                     

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WHEREAS, a copy of the Certificate of Indebtedness and Mortgage of Real Estate covering purchase of Lots 3 and 4 of Flossie Ritter’s Addition was filed and read to the City Council, and

 

WHEREAS, Resolution of September 15, 1957 authorized purchase of said property and borrowing funds and pledging Parking Funds for said purchase;

 

NOW, BE IT RESOLVED, that the method of financing set out in above mentioned instruments be, and is hereby approved and confirmed.

 

PASSED and ADOPTED this 7th day of October, 1957.