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RESOLUTION OF THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO SELL PROPERTY LOCATED AT W. WOODROW, JONESBORO, AR TO KID'S BIBLE CLUB-COMMUNITY OF CHRIST.
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WHEREAS, the City of Jonesboro desires to sell and the Kids Club-Community of Christ desires to purchase that property acreage owned by the City of Jonesboro being described as follows, to wit:
Lot 18, Block 1, Haltom's Second Addition to the City of Jonesboro
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO THAT:
1. The Mayor and City Clerk are hereby authorized to accept the following purchase price of $2500.00 due and payable upon closing. The City of Jonesboro shall furnish Title Insurance and a Warranty Deed upon closing.
2. This resolution shall take effect immediately upon its passage and approval.
PASSED AND ADOPTED this 4th day of October, 2004.