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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 101, 103, 105 FLOYD STREET
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WHEREAS, the City of Jonesboro, Arkansas desires to sell and did advertise the property at 101, 103, 105 Floyd Street for sell; and
WHEREAS, Jeremy Moore desires to purchase property at 101, 103, 105 Floyd Street, owned by the City of Jonesboro, Arkansas being more described as follows, to wit:
Cobb's Survey NE SE PT Lot 4; PT Lot 4 NE NE SW; E200' Lot 2-3 NE NE SW, Jonesboro, Arkansas; also known as 101,103,105 Floyd Street
WHEREAS, it is in the best interest of the City of Jonesboro that said property be sold to Jeremy Moore for the sum of $8,234.00.
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 $8,234.00 due and payable at the time of closing by the buyer.
PASSED AND APPROVED this 3rd day of June, 2014.