File #: RES-23:109    Version: 1 Name: ENTER INTO A CONTRACT TO SELL LOT 1 OF KIECH’S 1ST ADDITION TO MASONIC LODGE #657
Type: Resolution Status: Passed
File created: 6/21/2023 In control: City Council
On agenda: 7/6/2023 Final action: 7/6/2023
Title: A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS TO ENTER INTO A CONTRACT TO SELL LOT 1 OF KIECH’S 1ST ADDITION TO MASONIC LODGE #657
Sponsors: Land Bank Commission
Indexes: Agreement, Contract, Property sale - Land Bank
Attachments: 1. Signed Offer and Acceptance Contract, 2. 2023R-015564 Deed Filed

title
A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS TO ENTER INTO A CONTRACT TO SELL LOT 1 OF KIECH’S 1ST ADDITION TO MASONIC LODGE #657

body

WHEREAS, the City of Jonesboro desires to enter into a contract to sell Lot 1 of Kiech’s 1st Addition Jonesboro, Arkansas to the Masonic Lodge #657;

WHEREAS, the stated property will be sold for $5,000.00 plus closing costs; and


WHEREAS, Masonic Lodge #657 agrees that the stated property will be combined with 5008 E. Nettleton Ave. via replat within 180 days from the date of sale. If the two lots are not combined within the allowed 180 day time frame, ownership of the property will revert back to the CITY OF JONESBORO, A MUNICIPAL CORPORATION; and


WHEREAS, the stated property shall only be used for off-street parking. The lot shall be brought into accordance with City parking standards when renovation or expansion of the primary

structure occurs.


NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:


SECTION 1: The City of Jonesboro, Arkansas shall contract with Masonic Lodge #657 for the purchase of Lot 1 of Kiech’s 1st Addition Jonesboro, Arkansas for the purchase price of $5,000.00 plus closing cost.


SECTION 2: A copy of the Real Estate Contract is attached hereto.


SECTION 3: The Mayor, Harold Copenhaver, and City Clerk, April Leggett, are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate this agreement.

PASSED AND APPROVED THIS 6TH DAY OF JULY, 2023.