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RESOLUTION # <br />A RESOLUTION AUTHORIZING THE SALE OF PROPERTY TO THE ARKANSAS <br />STATE HIGHWAY COMMISSION <br />WHEREAS, that the Arkansas Department of Transportation is in the process of widening <br />Highway 69 from its intersection with 394 through Moorefield; and <br />WHEREAS, that said widening necessitates that the city deed certain property to the State <br />Highway Department; and <br />WHEREAS, the City of Batesville finds that this project will help with economic growth in <br />Batesville and Moorefield; and <br />WHEREAS, the City of Batesville finds the amount of funds offered by the state for said <br />property and easement to be the fair market value. <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 Mayor to enter into the <br />Contract to Sell Real Estate which is attached hereto and incorporated herein by reference, in <br />exchange for payment of $1,875.00. <br />PASSED AND APPROVED this -th day of November, 2023. <br />Rick Elumbaugh, Mayor <br />ATTEST: <br />Denise Johnston, City Clerk <br />