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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF JONESBORO AUTHORIZING THE MAYOR AND CLERK TO ENTER INTO THE SALE OF REAL PROPERTY LOCATED AT 700 S. FISHER STREET
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WHEREAS, the City of Jonesboro has for sale the property located at 700 S. Fisher St.; and
WHEREAS, bids were taken for the sale of property located at 700 S. Fisher St., with the First Baptist Church being the sole bidder; and
WHEREAS, both the City of Jonesboro and the First Baptist Church have agreed on the purchase price of ($8,000.00) Eight Thousand Dollars, provided upon signing;
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
Section 1: That the Mayor and City Clerk are hereby authorized to issue all documents necessary to effectuate the closing of the sale of said real estate owned by the City of Jonesboro known as:
PROPERTY DESCRIPTION: The West 49.24 feet of Lot 7, Block 1 of Broadway Addition
Section 2: That the Mayor and said City Clerk are hereby authorized to accept the sum of $8,000.00 for the sale of said property.
PASSED AND APPROVED this 7th day of September, 2010.