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A RESOLUTION TO THE CITY COUNCIL OF JONESBORO, ARKANSAS AUTHORIZING THE OFFER AND ACCEPTANCE TO PURCHASE ADDITIONAL RIGHT-OF-WAY AT 805 CREATH AVENUE FOR THE PURPOSE OF THE CONSTRUCTING AND MAINTAINING ROADWAY IMPROVEMENTS
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WHEREAS, the City of Jonesboro, Arkansas desires to purchase the following described right-of-way for the purpose of constructing and maintaining roadway improvements:
PART OF LOTS 7 & 11, BLOCK 3 OF BROADAWAY ADDITION, JONESBORO, CRAIGHEAD COUNTY, ARKANSAS, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGINNING AT THE NORTHEAST CORNER OF LOT 11, BLOCK 3 OF BROADAWAY ADDITION, JONESBORO, CRAIGHEAD COUNTY, ARKANSAS; THENCE NORTH 89°29'09" EAST, ALONG THE NORTH LINE OF SAID BLOCK 3, 38.41 FEET; THENCE SOUTH 00°17'28" WEST, LEAVING SAID NORTH LINE, 11.40 FEET; THENCE SOUTH 89°07'42" WEST, 60.10 FEET; THENCE NORTH 00°17'28" EAST, 11.78 FEET TO THE NORTH LINE OF SAID BLOCK 3; THENCE NORTH 89°29'09" EAST, ALONG SAID NORTH LINE, 21.68 FEET TO THE POINT OF BEGINNING, CONTAINING 696 SQ. FT., MORE OR LESS, SUBJECT TO ALL RIGHTS-OF-WAY AND EASEMENTS OF RECORD.
WHEREAS, an Offer has been made and accepted to the sell the above described property for the price of $2,100.00.
WHEREAS, the attached Offer and Acceptance will be executed upon passage of this resolution.
WHEREAS, the funding for this purchase shall come from the Capital Improvement budget.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO THAT:
Section 1: The Mayor and City Clerk are hereby authorized to execute the documents necessary to effectuate this transaction.
PASSED AND APPROVED THIS 4TH DAY OF OCTOBER 2021.