85711
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
RESOLUTION NO. 8.571
A RESOLUTION AMENDING RESOLUTION 7,728
AND 7,752, TO PERMIT THE ASSIGNMENT OF A
FRANCHISE PREVIOUSLY GRANTED TO THE
METROCENTRE IMPROVEMENT DISTRICT TO USE
THE AIR SPACE ABOVE PART OF THE
RIGHT -OF -WAY IN THE 100 BLOCK OF EAST
SIXTH STREET, BETWEEN SCOTT AND MAIN
STREETS, FOR THE PURPOSE OF AN ENCLOSED
SKYWALK, AND FOR OTHER PURPOSES-
0
WHEREAS, by Little Rock, Ark., Resolution No. 7,728
(February 17, 1987) ( "LRR ") granted a franchise to
Metrocentre Improvement District No. 1 ( "Metrocentre") to
use the air space of the right -of -way above Sixth Street for
the purpose of building a skywalk; and
WHEREAS, this franchise was amended by LRR 7,752
(April 7, 1987), to extend the term; and
WHEREAS, the City has learned that there is an
interest in permitting Metrocentre to assign this franchise
to third parties; and
WHEREAS, the City has an interest in assuring that
this franchise be for an operational skywalk.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. LRR 7,728, as amended by LRR 7,752, is
hereby amended to add the following Section 3:
Section 3. It is understood that this
franchise may be assigned without prior
approval of the Board of Directors,
provided, that any assignee understand
that this franchise is for the purpose
of accommodating a skywalk above and
across the 100 block of East Sixth
Street and that either failure to use
'424
Q4l
E3
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
the franchise in this fashion, or
failure to maintain the skywalk in a
condition acceptable to the City, or
both, may at the City's option lead to
the cancellation of this franchise and
the requirement that the skywalk be
removed.
SECTION 2. All resolutions and parts of resolutions
inconsistent with this resolution are hereby repealed to the
extent of such inconsistency.
SECTION 3. This resolution shall be in full force
and effect from and after the date of its adoption.
ADOPTED: September 17, 1991
ATTEST:
APPROVED AS TO FORM:
ATTORNEY CITY
M �
°$25