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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 1112 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 1 & 2, BLOCK 3 OF PATRICK'S 1ST ADDITION, JONESBORO, CRAIGHEAD COUNTY, ARKANSAS, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGINNING AT THE SOUTHWEST CORNER OF LOT 1, BLOCK 3 OF PATRICK'S 1ST ADDITION, JONESBORO, CRAIGHEAD COUNTY, ARKANSAS; THENCE NORTH 00°08'21" WEST, ALONG THE WEST LINE OF SAID LOT 1, 11.81 FEET; THENCE SOUTH 89°51'23" EAST, LEAVING SAID WEST LINE, 423.14 FEET; THENCE SOUTH 00°42'41" EAST, 7.87 FEET TO THE SOUTH LINE OF SAID BLOCK 3; THENCE SOUTH 89°36'34" WEST, ALONG SAID SOUTH LINE, 423.22 FEET TO THE POINT OF BEGINNING, CONTAINING 4,164 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 $12,492.00; and
WHEREAS, the attached Offer and Acceptance will be executed upon passage of this resolution; and
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.