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RESOLUTION BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS, TO ENTER INTO A CONTRACT TO PURCHASE PROPERTY LOCATED AT 1506 PRATT CIRCLE 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 1506 Pratt Circle, Jonesboro, Arkansas and owned by the Arkansas State Land Commissioner; and
WHEREAS, the Jonesboro Senior Planner is authorized to negotiate a purchase price with the Arkansas State Land Commissioner, not to exceed the amount of $4,000;
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF 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 1506 Pratt Circle, Jonesboro, Arkansas.
SECTION 2: The Jonesboro Senior Planner is authorized to negotiate a purchase price with the Arkansas Land Commissioner, not to exceed the amount of $4,000.
SECTION 3: The Jonesboro Land Bank held a meeting on April 13, 2021 and voted unanimously to recommend the purchase of the property located at 1506 Pratt Circle.
SECTION 4: 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 this agreement.
PASSED AND APPROVED THIS 4TH DAY OF MAY, 2021.