City of Jonesboro Finance & Administration Council Committee Meeting Minutes 2026-05-12
NJCDC Lease For Magnolia Road Facility Postponed
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Description
The committee temporarily postponed a proposed lease with the North Jonesboro Community Development Corporation for space at 911 Magnolia Road to allow further work on scheduling and sublease arrangements with other users. NJCDC and partner organizations have already been operating at the site under an informal arrangement.
Contract Details
Vendor
NORTH JONESBORO COMMUNITY DEVELOPMENT CORPORATION (NJCDC)
Agency
Jonesboro Area Transportation Study, AR
Contract Type
FACILITIES
Document Date
May 12, 2026
Contract Term
Beginning January 1, 2026 (discussed)
Renewal Info
New lease proposed to begin January 1 following city acquisition in June 2025; sublease terms with FANN and The Diaper Storehouse still being negotiated.
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