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RESOLUTION # AO-W <br /> —0 <br /> A RESOLUTION AUTHORIZING 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 /> Rick Elu �ayor�� <br /> ATTEST: <br /> Denise Johnston, Cdy Clerk <br />