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RESOLUTION # <br />A RESOLUTION AUTHORI"LING THE PURCHASE OF THE PROPERTY LOCATED <br />AT 710 ST. LOUIS ST. FROM FIRST COMMUNITY BANK <br />WHEREAS, the Batesville Police Department is currently located 51 Industrial Drive, <br />Batesville, Arkansas; and <br />WHEREAS, that the City recently sold 51 Industrial Drive to Bad Boy Mowers, LLC in <br />order to foster economic growth and to establish a more centrally located Police Department; and <br />WHEREAS, the property located at 710 S. St. Louis Street meets the Police Department's <br />needs as well as fulfilling the goal of having a more centrally located Police Department; and <br />NOW, THEREFORE BE IT RESOLVED, BY THE CITY COUNCIL OF THE <br />CITY OF BATESVILLE, ARKANSAS <br />SECTION 1: That the City of Batesville hereby authorizes the purchase of 710 S. St. Louis <br />Street, Batesville, Arkansas for the purchase price of $850,000, more or less to from First <br />Community Bank, per the real estate purchase agreement which is attached hereto and incorporated <br />herein by reference. <br />PASSED AND APPROVED this _`' day of September, 2022. <br />ATTEST: <br />Denise Johnston, City Clerk <br />Rick Elumbaugh, Mayor <br />