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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 232 S BRIDGE STREET 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 LOT 11, BLOCK 4 OF MATTHEWS ADDITION, JONESBORO, CRAIGHEAD COUNTY, ARKANSAS, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGINNING AT THE SOUTHWEST CORNER OF LOT 11, BLOCK 4 OF MATTHEWS ADDITION, JONESBORO, CRAIGHEAD COUNTY, ARKANSAS; THENCE NORTH 00°28'45" WEST, ALONG THE WEST LINE OF SAID LOT 11, 7.09 FEET; THENCE NORTH 88°51'30" EAST, LEAVING SAID WEST LINE, 140.00 FEET; THENCE SOUTH 00°30'56" EAST, 8.82 FEET TO THE SOUTH LINE OF SAID LOT 11; THENCE SOUTH 89°34'07" WEST, ALONG SAID SOUTH LINE, 140.00 FEET TO THE POINT OF BEGINNING, CONTAINING 1,114 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 $3,342.00.
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.