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A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS, TO ENTER INTO A CONTRACT TO PURCHASE PROPERTY LOCATED AT 129 NORTH BRIDGE FROM THE ARKANSAS STATE LAND COMMISSIONER
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WHEREAS, the City of Jonesboro desires to enter into a contract to purchase property located at 129 North Bridge, Jonesboro, Arkansas, and owned by the Arkansas State Land Commissioner; and
WHEREAS, the Jonesboro Land Bank Director is authorized to place the minimum opening bid at the land auction on April 20, 2020;
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS, THAT:
SECTION 1: The City of Jonesboro, Arkansas, shall contract with the Arkansas State Land Commissioner for the purchase of property located at 129 North Bridge, Jonesboro, Arkansas.
SECTION 2: The Jonesboro Land Bank Director is authorized to place the opening bid at the Arkansas State Land Commissioners auction on April 20, 2020.
SECTION 3: The Mayor, Harold Perrin, and City Clerk, Donna Jackson, are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate this agreement.