5300ORDINANCE NO. 5300
AN ORDINANCE APPROPRIATING $1,250.00 FROM THE GENERAL
FUND OF THE CIT`J' OF LITTLE ROCK FOR THE PURPOSE OF
PAYING THE SECOND ANNJAL RENTAL INSTALLMENT ON LEASE
FOR PROPERTY FOR NEGRO RECREATIONAL P iiRK v AND FOR
OTHER PURPOSES.
WHEREAS, The City of Little Rock, through its Mayor and Board
of Publicfffairs, under date of January 2nd, 1935, has entered
into a contract with the union Trust Company, Trustee and the Bank
Commissioner of the State of Arkansas in charge of Jnion Trust
Company for liquidation, for the lease of a certain tract of land
known as the McCarthy -'ones Tract and containing approximately
497 acres in Sections 14, 23, and 26, Township 1 north, Range 12
'lest, Pulaski County, Arkansas for use as a negro recreational
park or transient camp, and
`,7HETREAS, Under the terms of said lease the City of Little Sock
agreed to pay to the union Trust Company, Trustee the sum of One
Thousand Two Hundred Fifty D"ollars ("l,250.00) per annum rent for
said property.
N011`6, THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE
ROCK, ARKANSAS
SECTION 1. That the sum of }1,250.00 be appropriated out of
the General revenue Fund of the City of Little :lock for the payment
of the second annual installment of rent on the tract of land known
as the McCarthy -Fones Tract containing approximately 497 acres in
erections 14, 23 and 26, Township 1 north, 7iange 12 `:nest, Pulaski
County, Arkansas, and the Mayor and City Clerk are hereby autho-
rized to issue the City's warrant in the sum of j ,250.00 for the
payment of said annual rent iDn the afore- mentioned property.
� �CTICN 2. The pa -anent un ier the terms of the above «aention-
ed lease bein,, due January 25th, 1936, an emergency is 'hereby
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declared to exist, and this ordinance being necessary for the im-
mediate preservation of the public peace, health, and safety, the
same shall be in full force and effect from and after its passage.
Passed: January 6+.h) 1976
Attest: Approved
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City Clerk. `.'ayor.