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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 2301 OAKBROOK FOR THE PURPOSE OF THE CONSTRUCTING AND MAINTAINING DRAINAGE 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 drainage improvements:
A PERMANENT DRAINAGE EASEMENT BEING A PART OF LOT 7 OF FOX MEADOW VILLAGE THIRD ADDITION TO THE CITY OF JONESBORO, CRAIGHEAD COUNTY, ARKANSAS, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGINNING AT THE SOUTHWEST CORNER OF LOT 7 OF FOX MEADOW VILLAGE THIRD ADDITION TO THE CITY OF JONESBORO, CRAIGHEAD COUNTY, ARKANSAS; THENCE NORTH 00°07'45" EAST, 14.29 FEET; THENCE SOUTH 89°52'48" EAST, 22.03 FEET; THENCE SOUTH 00°07'45" WEST, 14.25 FEET; THENCE NORTH 89°59'38" WEST, 22.03 FEET TO THE POINT OF BEGINNING, CONTAINING 314 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 $408.00.
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 20TH DAY OF JUNE, 2023.