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3428 t <LSOLUTION NO. 3,428 A RESOLUTION GRANTING A FRANCHISE TO RIVER RIDGE DEVELOPMENT CORPORA- TION FOR THE LOCATION OF IMPROVE- MENTS WITHIN PUBLIC RIGHT-OF-WAY IN CANDLEWC)OD SUB-DIVISION TO THE CITY OF LITTLE ROCK, AR ANSAS; AND FOR OTHER PURPOSES. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: : SECTION 1. A right, privilege and franchise is hereby granted to Diver Ridge Development Corporation to erect and maintain certain stone and concrete columns within public right-of-way as more specifically described herein for the purpose of decorative improvements at the entrance of Candlewood Sub-division. The right-of-way within and over which said improvements shall be autho- rized as described as follows : A portion of the right-of-way for Uvercrest Drive lying south of the south curb line of said A_vercrest Drive as now located, and being that portion of said right-of-way presently occupied by a stone and masonry struc- ture, which structure is elliptical in shape having a longitudinal diameter of approximately 22.2 feet the eastern- most edge of which structure is located approximately 363.9 feet north and 4.8 feet west of the southeast corner of Candlewood Sub-division, Section 1, as said corner is located on plat of record in Pulaski County, Arkansas Plat Book 34 at Page 62. A portion of the right-of-way for .ivercrest Drive lying north of the north curb line of said Rivercrest Drive as now located, and being that portion of said right-of-way presently occupied by a rectangular stone and masonry structure the southeast corner of which structure is located approxi- mately b53 south and 13.3 west of the northeast corner of the Northwest Quarter (NW4) Southwest Quarter (SW4) , Section 17, Township 2 North, _tense 13 hest. - 2 - SECTI(J1' 2. The right, privilege and franchise herewith granted shall exist only for such perioa of time as the said right-of-way described above shall not be needed for public purposes and shall at all times be sub- ject to the location and maintenance of utilities in and under said lands. If at any time the lands described in Section 1 hereof shall be needed for public purposes, the grantee, its successors and assigns forever shall remove or cause to be removed the said improvements and the sur- face at grade shall be restored to the condition of the surrounding lands and any cost in removing the said im- provements upon such demand shall be born and shall be the sole expense of the grantee, its successors and assigns. SECTION 3. This resolution shall be in full force and effect from and after its adoption. ADOPTED: October 18, 1965 ATTEST: C-1) w��,�-„ APPROVED: •Nup City Clerk Mayor