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A RESOLUTION TO THE CITY COUNCIL OF JONESBORO, ARKANSAS AUTHORIZING THE OFFER AND ACCEPTANCE TO PURCHASE ADDITIONAL RIGHT-OF-WAY AT 403 S GEE STREET FOR THE PURPOSE OF THE CONSTRUCTING AND MAINTAINING ROADWAY IMPROVEMENTS
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WHEREAS, the City of Jonesboro, Arkansas desires to purchase the following described right-of-way for the purpose of constructing and maintaining roadway improvements:
A PART OF LOTS 1, 2, 3, 4, AND 5 IN BLOCK "4" OF WILSON'S SECOND ADDITION TO THE CITY OF JONESBORO, CRAIGHEAD COUNTY, ARKANSAS, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGINNING AT THE SOUTHEAST CORNER OF LOT 1, BLOCK "4" OF WILSON'S SECOND ADDITION TO THE CITY OF JONESBORO, CRAIGHEAD COUNTY, ARKANSAS; THENCE SOUTH 89°27'00" WEST, ALONG THE SOUTH LINE OF SAID BLOCK "4", 112.81 FEET TO A POINT ON A CURVE TO THE LEFT; THENCE LEAVING SAID SOUTH LINE, ALONG SAID CURVE TO THE LEFT WITH A RADIUS OF 115.00 FEET, A CENTRAL ANGLE OF 88°53'47", 178.43 FEET TO A POINT ON THE EAST LINE OF SAID BLOCK "4" THAT BEARS NORTH 45°00'06" EAST, 161.06 FEET FROM THE LAST SAID POINT; THENCE SOUTH 00°33'13" WEST, ALONG SAID EAST LINE, 112.81 FEET TO THE POINT OF BEGINNING, CONTAINING 2,713 SQUARE FEET, MORE OR LESS, SUBJECT TO ALL RIGHTS-OF-WAY AND EASEMENTS OF RECORD.
WHEREAS, an Offer has been made and accepted to the sell the above described property for the price of $16,000.00.
WHEREAS, the attached Offer and Acceptance will be executed upon passage of this resolution.
WHEREAS, the funding for this purchase shall come from the Capital Improvement budget.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO THAT:
Section 1: The Mayor and City Clerk are hereby authorized to execute the documents necessary to effectuate this transaction.
PASSED AND APPROVED THIS 18TH DAY OF JANUARY 2022.