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0785RESOLUTION NO. 785 (#05 - 20.E 9) A RESOLUTION IN SUPPORT OFA ND AUTHORIZING EXECUTION OF SALE DOCUMENTS FROM THE CITY OFJACKSONVILLE FOR CERTAIN REAL PROPERTY DESCRIBED HEREIN (GENERAL LOCATION -1900 GENERAL SAMUELS); AND, FOR OTHER PURPOSES. WHEREAS, the real property described on the attached Exhibit A is property owned by the City of Jacksonville; and, WHEREAS, because said property has received an acceptable Offer & Acceptance, with a Purchaser who shall construct and locate a business, it is in the City's best interests to sell said property. As a result, certain City officials must be authorized to develop and execute the appropriate and required documents for the purchase of City -owned property. NOW, THEREFORE, BE IT RESOL VED BY THE CITY COUNCIL OF THE CITY OFJACKSONVILLE, ARKANSAS, THAT. - SECTION ONE; The Mayor and City Clerk of the City of Jacksonville, Arkansas, are hereby authorized to execute any and all purchase documents for the real property described in Exhibit A. The City Council recognizes and agrees that doing so will, hopefully, benefit both the business known as Christopher Homes of Arkansas and the City. The Council hereby authorizes Mayor Johnson, City Clerk Davitt, and City Attorney Friedman to execute and complete the appropriate documents required to approve the purchase and sale of the property more particularly described in Exhibit A between the City and Christopher Homes of Arkansas, Inc. SECTION TWO: Any and all hereby repealed to the extent of said conflict. after its date of passage. other Resolutions in conflict herewith are This Resolution shall be in effect from and APPROVED AND ADOPTED THIS 15x1 n; ,r r r NmY BOB JOHN A TTEST.- SUSAN D , CITY CLERIC RESOLUTION NO, 785 (#08-2019) Exhibit A Legal Deer#?tion: PART OF THE NORTHEAST QUARTER (NE1/4) OF THE SOUTHWEST QUARTER (SW1/4) OF SECTION 18, TOWNSHIP 3 NORTH, RANGE 10 WEST, BEING MORE PARTICULARLY DESCRIBEDAS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF THE NE1/4, SW1/4, SECTION 18, T -3-N, R -10-W; THENCE S88°55'44"E, 150.00 FEET; THENCE S88018'54"E, 367.30 FEET TO THE POINT OF BEGINNING WHICH IS THE RIGHT-OF-WAY LINE OF MCARTHUR DRIVE; THENCE N12°53'39"W, 90.37 FEET ALONG SAID RIGHT- OFWAY LINE; THENCE LEAVING SAID RIGHT-OF-WAY S88114'02"E, 188.91 FEET; THENCE N01045'58"E, 174.85 FEET; THENCE S88°14'02"E, 430.84 FEET; THENCE S02117'01"W, 267.79 FEET; THENCE N87142'59"W, 428.44 FEET; THENCE N87040'25"W, 166.04 FEET TO THE POINT OF BEGINNING; CONTAINING 2.98 ACRES, MORE OR LESS.