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Arkansas State University’s land lease agreement for Fire Station #1 with the City of Jonesboro
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Arkansas State University entered into a land lease agreement with the City of Jonesboro for the land where Fire Station #1 is located at 3215 East Johnson Avenue. The lease term is for 50 years starting August 1, 1999 and lease amount is for $10.00 annually. The lease was not authorized by resolution when it was originally signed in 1999. On November 3, 2009, the City Council ratified the lease agreement with RES-09:151.
Attachments included are:
RES-09:151.
Resolution
Lease agreement