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RES NO 10-04-1987 10 81 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 4/ -1987 A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE A DEED TO CRAWFORD COUNTY FOR LOTS 1,8,11,14,15, and 16; THE NORTHWEST HALF OF LOT 7; THE SOUTHEAST HALF OF LOTS 9 AND 10; AND THE NORTHEAST 21 FEET OF LOT 12; ALL IN BLOCK 13, ORIGINAL TOWN OF VAN BUREN. WHEREAS, The above lots were acquired by the Van Buren Urban Renewal Agency with Community Develop- ment Funds; and WHEREAS, At the February 16, 1987, meeting of the City Council, the Council agreed that $35,000 would be a fair price for these lots to be sold to the County; and WHEREAS, The only Community Development project still underway is the King Opera House Renovation; and WHEREAS, The County has now appropriated funds to pur- chase these lots: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN: THAT, 1. The Mayor is hereby authorized to execute a deed to Crawford County for the above lots and the City Clerk Treasurer is hereby authorized to attest the Mayor's signature. 2. The funds derived from the sale are to be deposited in the King Opera House Restora- tion Account. PASSED AND APPROVED THIS 19th DAY OF October ,19 87 /0 g r l f 41 y MAYOR ATTESTED: C TY CLERK- TREASURER