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RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS, TO ENTER INTO A CONTRACT TO ACQUIRE PROPERTY LOCATED AT 1025/1029 HOPE FROM THE PROPERTY OWNER, REDBIRD INVESTMENTS, LLC
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WHEREAS, the City of Jonesboro desires to acquire property located at 1025/1029 Hope, Jonesboro, Arkansas and owned by Redbird Investments, LLC; and
WHEREAS, the Jonesboro Senior Planner is authorized to obtain property donation requests on behalf of the Jonesboro Land Bank Commission;
WHEREAS, the Jonesboro Land Bank held a regular meeting on December 12, 2023 and voted unanimously to recommend the acceptance of the donation of the property located at 1025/1029 Hope, Jonesboro, Arkansas.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS, THAT:
SECTION 1: The City of Jonesboro, Arkansas hereby accepts from Redbird Investments, LLC the donation of property located at 1025/1029 Hope, Jonesboro, Arkansas.
SECTION 2: The Mayor, Harold Copenhaver, and City Clerk, April Leggett, are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate the acceptance of this donation.
PASSED AND APPROVED THIS 6TH DAY OF FEBRUARY 2024.