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Jonesboro city council approves over $3M lien on former Citizens Bank property

Jonesboro city council approves over $3M lien on former Citizens Bank property

The former Citizens Bank building when it was being demolished. Photo: Saga Communications/Rachel Rudd


Jonesboro, AR – (JonesboroRightNow.com) – Sept. 2, 2025 – The Jonesboro city council unanimously approved a resolution placing a municipal lien on property where the former Citizens Bank building once stood.

The $3,293,122.07 lien is for “cost and expenses due to the City of Jonesboro for correcting code violations,” according to city documents.

The lien is issued to Laurel Park, LLC, the owner of the land located at 100 W. Washington Ave., which is where the former Citizens Bank building once was. The building was owned by another party.

The lien was put on the land itself because the building was demolished, city attorney Carol Duncan said in last week’s Finance and Administration Council Committee meeting.

The resolution was on the council’s consent agenda. Items on the consent agenda are considered routine business and are enacted by one motion.

Part of Main Street was initially shut down in September 2024 when a bulge was noticed on the side of the former Citizens Bank building. It was condemned in December.

The city council voted in January to approve the building’s demolition. Demolition officially began in March, and all streets affected by the project reopened to traffic in May.

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