1033`k
UaoTUTIOV NO. /(:57134.
whereas, the People's Savings Bank has been negotiating
with the Board of Public �Lffairs for the lease of property
hereinafter described; and,
Whereas, it appears to the best interests of the City
of little Rock that said property should be leased from said
People's Savings Bank for a period of two years, at the ren-
tal hereinafter stated; I3ow, Therefore,
BE IT RESOLVED BY THE CITY COUDCIL OF TIT CITY OF LITTLE ROCK:
That the Board of Public affairs is hereby directed to
enter into a lease with the People's Savings Bank so as to
secure for the City for a period of two years frorl the first
dtiy of December, 1918, the following described real estate,
belonging to the City of Little Dock, to -wit:
Lots 7, 8, and 9, Block 329, old City of little Dock,
Arkansas.
That the rental named in said lease for said. period
of two years shall be y 120 per year, payable in monthly in-
stallments of j10 per month, in advance, on the first day
of each month, and said lease shall further provide that
the said property shall be delivered back to said People's
Savings Bane at the expiration of said two years in as good
condition as when the possession thereof is delivered to
the City under said lease, and a copy of said lease shall
be retained in the office of the City Clerk as a permanent
record.
The action of the said 3oard of Public: affairs in so
executing said lease through its president ;ilA clerk is
hereby ratified and confirmed in all t
Adopt
Atte
f
npprove4;
or.