File #: RES-10:103    Version: 1 Name: Sale of 700 South Fisher Street to First Baptist Church
Type: Resolution Status: Passed
File created: 8/19/2010 In control: Public Works Council Committee
On agenda: Final action: 9/7/2010
Title: 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
Sponsors: Mayor's Office
Indexes: Property sale
Attachments: 1. Fisher Street Plats, 2. First Baptist Church Offer Letter, 3. Fisher St. Appraisal, 4. Warranty Deed - Fisher Street
Related files: PD-253

Title

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

Body

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.