Loading...
0065 RESOLUTION NUMBER WHEREAS, the City Council of the City of Jacksonville, Arkansas desires to purchase, and sees a present need for the purchase of certain lands lying within the said city and being contiguous to other real property presently owned by the said city; and WHEREAS, the Mayor of said city has been offered the purchase by the owner of certain lands, which will be more particularly specified herein, at a price which the City Council feels to be a reasonable and fair purchase price; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLE, ARKANSAS: THAT: 1. The City of Jackonville, Arkansas does hereby appropriate the sum of Four Hundred, Fifty and no /100 ($450.00) Dollars from the General Fund of said city, to cover the cost of acquiring said property; and 2. The City of Jacksonville, Arkansas does hereby further appropriate an additional sum of Fifty and no /100 (,$50.00) Dollars to cover any additional costs for closing costs, revenue fees, filing and recording fees or for any other incidental matter in the acquiring of said property. It being the specific understanding that in the event said closing costs are in any sum less than Fifty ($50.00) Dollars, that the amount not used for such purpose shall be refunded to the General fund of said city. 3. The mayor of said city, John H. Harden, be and he is hereby authorized and empowered to enter into an agreement with the General Services Administration for the '' ae of a certain .77 acre tract of unimproved government land adjoin- ing the City's warehouse area at Jacksonville and situated within Section 25, Township Three North (3N), Range 11 West, referred to by said General Services Administration as 7 D- Ark -470; and 4. The Mayor of said city, John H. Harden, be and A) )1i he is further authorized and empowered to complete the trans- it action by receiving an abstract of title, having said abstract (i5 examined by the City Attorney, and upon receipt of an opinion ( from said City Attorney,based upon said examination, revealing (( good and merchantable title to said property; to deliver to . a General Services Administration, or their duly appointed agent, the sum of Four Hundred, Fifty and no /100 ($450.00) Dollars as full payment for said land, and to receive therefor a Warranty Deed granting said land to the City of Jacksonville, Arkansas. APPROVED MW ADOPTED THIS � / day of February, A.D., 1963. 1240 %— ATTESTED: ' g w� Gam.