title
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO PURCHASE PROPERTY LOCATED AT STRAWFLOOR RD., JONESBORO, ARKANSAS FOR THE PURPOSE OF ESTABLISHING A GAS EXTRACTION.
body
WHEREAS, the City of Jonesboro, Arkansas desires to purchase the property located at Strawfloor Rd., Jonesboro, Arkansas for the purpose of creating a gas extraction; and
WHEREAS, an Offer has been made and accepted by Floyd & Virginia Wineland and Todd & Amber D. Hanson dated August 28, 2007 agreeing to sell their property located at Strawfloor Rd., Jonesboro, Arkansas more particularly described as follows:
Part of the Southwest Quarter of the Southwest Quarter of Section 23, Township 14 North, Range 3 East, Craighead County, Arkansas; see Attached legal (the “Easement Property”).
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 $2,900.00 plus other allowable expenses to come from existing appropriations for City Methane Gas Extraction, Account Number 07-100-0306-00. The City of Jonesboro shall furnish a Warranty Deed upon closing.
PASSED AND ADOPTED this 16th day of October, 2007.