City of Jonesboro - File #: RES-07:2570

• File #: RES-07:2570
• Version: 1
• Name: Property purchase at 105 South Floyd from William Dixon
• Type: Resolution
• Status: Passed
• File created: 12/13/2007
• In control: Public Works Council Committee
• Final action: 1/15/2008
• Title: A RESOLUTION TO THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO PURCHASE PROPERTY LOCATED AT 105 S. FLOYD STREET, JONESBORO, ARKANSAS FOR THE PURPOSE OF ESTABLISHING A DETENTION POND
• Sponsors: Mayor's Office, Public Works
• Indexes: Property purchase - real
• Related files: MIN-08:013

Date	Ver.	Action By	Action	Result
1/15/2008	1	City Council	Passed	Pass
1/3/2008	1	Public Works Council Committee	Recommended to Council	Pass

Title

A RESOLUTION TO THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS AUTHORIZING THE MAYOR AND CITY CLERK TO PURCHASE PROPERTY LOCATED AT 105 S. FLOYD STREET, JONESBORO, ARKANSAS FOR THE PURPOSE OF ESTABLISHING A DETENTION POND

Body

WHEREAS, the City of Jonesboro, Arkansas desires to purchase the property located at 105 S. Floyd Jonesboro, Arkansas for the purpose of creating a detention pond; and

WHEREAS, an Offer has been made and accepted by William Dixon dated December 4, 2007 agreeing to sell their property located at 105 S. Floyd, Jonesboro, Arkansas more particularly described as follows:

E 200’ of Lots 2-3, NE ¼, NE ¼, SW ¼, 13-14-3, Jonesboro, AR  72401-2514; also known as 105 S. Floyd St.

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 at a price of $24,700.00 plus other allowable expenses to come from existing appropriations for City Drainage Projects, Account Number 07-100-0152-04. The City of Jonesboro shall furnish a Warranty Deed upon closing.

PASSED AND ADOPTED this 15^th day of January, 2008.