13412ORDINANCE NO. 13,412
AN ORDINANCE AMENDING ORDINANCE NO. 13,321 PASSED
AND APPROVED ON THE SECOND DAY OF AUGUST, 1977, AND
AUTHORIZING A LEASE AND AGREEMENT BY AND BETWEEN
THE CITY OF LITTLE ROCK, ARKANSAS, AS LESSOR AND
AMERICAN FALCON SERVICE, INC., AS LESSEE IN SUBSTAN-
TIALLY THE FORM AND WITH THE CONTENTS SET FORTH
AND MADE A PART OF THE ORDINANCE; AUTHORIZING THE
EXECUTION AND DELIVERY OF THE LEASE AND AGREEMENT;
PRESCRIBING OTHER MATTERS RELATING THERETO; AND
DECLARING AN EMERGENCY.
BE IT ORDAINED by the Board of Directors of the City of Little
Rock, Arkansas:
Section 1. That Ordinance No. 13,321, passed and approved by the
City of Little Rock on the second day of August, 1977, be, and the same is
hereby amended to read as follows:
"Section 1. That there be, and there is hereby authorized the
execution and delivery of a Lease and Agreement wherein the City of
Little Rock, Arkansas (the "City ") , is Lessor, and American Falcon
Service, Inc., a corporation ( "American Falcon "), is Lessee, in substan-
tially the form and with substantially the contents hereinafter set
forth, and the Mayor and the City Clerk be, and they are hereby,
authorized to execute, acknowledge and deliver the Lease and Agree-
ment for and on behalf of the City. The form and contents of the
Lease and Agreement, which are hereby approved and which are made
a part hereof, shall be substantially as follows:
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Ordinance
"Section 2. That the Mayor and City Clerk be and they are
hereby authorized and directed, for and on behalf of the City, to do
all things, execute all instruments and otherwise take all action neces-
sary to the realization of the City's rights and to the discharge of the
City's obligations as Lessor under the Lease and Agreement.
"Section 3. That the provisions of this Ordinance are hereby
declared to be separable, and if any section, phrase or provision
shall, for any reason, be declared to be invalid, such declaration shall
not affect the validity of the remainder of the sections, phrases or
provisions.
"Section 4. That all ordinances and parts of ordinances in
conflict herewith are hereby repealed to the extent of such conflict.
"Section 5. That there is hereby found and declared to be an
immediate need for the securing and developing of industry at the
City in order to provide additional employment and increased payrolls,
alleviate unemployment and provide other benefits incidental to the
operation of a substantial industry, and the execution and deliver of
the Lease and Agreement authorized by this Ordinance is necessary
for the accomplishment of these public benefits and purposes. It is,
therefore, declared that an emergency exists, and this Ordinance,
being necessary for the immediate preservation of the public peace,
health and safety, shall be in force and take effect immediately upon
and after its passage."
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Ordinance
Section 2. That there is hereby found and declared to be an imme-
diate need for the securing and developing of industry at the City in order
to provide additional employment and increased payrolls, alleviate unemploy-
ment and provide other benefits incidental to the operation of a substantial
industry, and the execution and deliver of the Lease and Agreement autho-
rized by this Ordinance amending Ordinance No. 13,321 is necessary for the
accomplishment of these public benefits and purposes. It is, therefore,
declared that an emergency exists, and this Ordinance, being necessary for
the immediate preservation of the public peace, health and safety, shall be
in force and take effect immediately upon and after its passage.
PASSED: February 21 , 1978.
ATTE T:
Crty er
(SEAL)
MM
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Ordinance
CERTIFICATE
The undersigned, City Clerk of the City of Little Rock, Arkansas,
hereby certifies that the foregoing pages are a true and compared copy of
an Ordinance passed at an open session of the Board of Directors held at
the regular meeting place of the Board of Directors at 7:30 o'clock p.m.,
on the 21st day of February 1978, and that the Ordinance is
of record in Ordinance Record Book No. 26 now in my possession.
GIVEN under my hand and the seal of the City this 22nd day
of February 1978.
(SEAL)
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