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RESOLUTION #aC AS- //oa-Ie <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 oZO day of November,2023. <br /> f <br /> Rick Elumbaugh, Mayor <br /> ATTEST: <br /> Denise Johnston, ay- Clerk <br />