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0131 RESOLUTION NO. 1 3 1- 7 3 / A RESOLUTION AUTHORIZING THE PURCHASE OF CERTAIN PROPERTY FROM LEWIS HAMLIN AND IVA HAMLIN, HI5 WIFE; DECLARING AN EMERGENCY AND FOR OTHER PURPOSES. WHEREAS, the City Council of the City of Jacksonville, Arkansas, desires to purchase, and sees a present need for the purchase of certain lands adjoining the City Water Treatment Plant; 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 Jacksonville, Arkansas, does hereby appropriate the sum of Twelve Thousand and no /100 Dollars ($12,000.00) from the City of Jacksonville, Arkansas Water and Sewer Department, to cover the cost of acquiring said property; and 2. The City of Jacksonville, Arkansas, does hereby further appropriate and additional sum of Fifty and no /100 Dollars ($50.00) to cover any additional cost 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 $50.00, the amount not used for such purpose shall be refunded to the Water and Sewer Department 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 Lewis Hamlin and Iva Hamlin, his wife, for the purchase of said land, with all appurtenances thereunto belonging, more particularly described as: Part of the W1 of the NW's of Section 33, Township 3 North, Range 10 West, Pulaski County, Arkansas, more particularly described as follows: to -wit: Commence at the Northwest corner of said Section 33, run thence South 270 feet to the point of beginning, run thence South 670.15 feet, run thence East 390 feet, run thence North 670.15 feet; run thence West 390 feet to the point of beginning, containing 6 acres. 4. The Mayor of said city, John H. Harden, be and he is further authorized and employed to complete the transaction by receiving an abstract of title 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 Lewis Hamlin and Iva Hamlin, his wife, or their duly appointed agent, the sum of Twelve Thousand and no /100 Dollars ($12,000.00) as full payment for said land, and to receive therefor a Warranty Deed granting said land to the City of Jacksonville, Arkansas. APPROVED AND ADOPTED this 1st day of Februar , 1973. s it f t :. . r•e', Maya. ATTEST: ( , Floy Avants, City Clerk