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Section 2. That the 12.662 acres of land at Paris Cox Field Airport more <br />particularly described in the Surplus Property Release attached hereto as Exhibit "A ", be, <br />and the same is hereby, declared to be surplus. <br />Section 3. The property may be offered for sale by competitive bid in <br />accordance with State law with a minimum reserve of Eighty -Nine Thousand Dollars and <br />No /100 ($89,000.00). <br />PASSED AND ADOPTED this 12th day of January, 2015. <br />Matt Frierson, Mayor <br />ATTEST: <br />Janice Ellis, City Clerk <br />APPROVED AS TO FORM: <br />W. Kent McIlyar, City Attorney <br />