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RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO SELL PROPERTY LOCATED AT 508 WEST MONROE, JONESBORO, ARKANSAS TO BRYANT MARSHALL
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WHEREAS, the City of Jonesboro, Arkansas desires to sell and did advertise the property at 508 West Monroe for sell; and
WHEREAS, Bryant Marshall desires to purchase property at 508 West Monroe, owned by the City of Jonesboro, Arkansas being more particulary described as follows, to wit:
The West 83 feet of Lot 10, Block 6, Flint's Addition, Craighead County, also know as 508 West Monoroe, Jonesboro, Arkansas
WHEREAS, it is in the best interest of the City of Jonesboro that said property be sold to Bryant Marshall for the sum of $16,500.00.
NOW THEREFORE, BE IT RESOLVED, by the City Council for the City of Jonesboro, Arkansas that:
Section 1: The Mayor and City Clerk are hereby authorized to execute the documents necessary to complete this transaction and accept the purchase price of $16,500.00 due and payable at the time of closing by the buyer.
PASSED AND APPROVED this 16th day of July, 2013.