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12160s" ORDINANCE NO. 121160 AN ORDINANCE AUTHORIZING THE MAYOR AND CITY CLERK TO NEGOTIATE A CONTRACT WITH THE MONSANTO COMPANY FOR THE ACQUISITION FOR RIGHT -OF -WAY FOR WEST MARKHAM STREET; APPROPRIATING THE SUM OF $16,746.00 FROM THE 1965 IMPROVEMENT CONSTRUCTION FUND FOR STREETS; AND FOR OTHER PURPOSES. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. The Mayor and City Clerk and hereby authorized and directed to negotiate a contract with the Monsanto Company for the purpose of acquiring right -of -way on West Markham Street at the intersection of Rodney Parham Road, more particularly described as follows: A parcel of land situated in the NW4, NE-I4, Section 2, T -1 -N, R -13 -W to the City of Little Rock, Pulaski County, Arkansas, and more partic- ularly described as follows: Beginning at a point on the West line of said NA, NE4, Section 2, T -1 -N, R -13 -W, said point being 4.4 feet North of the Southwest corner of said NW4, NE4, and on the North line of West Markham Street; thence N 89047113/1 E along said North line of West Markham Street 72.90 feet to a point, said point being the intersection of the North line of West Markham Street and the West line of Rodney Parham Road; thence N 380 2012711 W along said West line of Rodney Parham Road 116.50 feet to a point; said point being on the West line of Rodney Parham Road and West line of said NW4, NE4, thence S 002313819 W along said West line of NW4, NE4, 4.11 feet; thence S 3800110211E 32.46 feet to the point of tangency of a curve whose radius is 34.50 feet and tangent is 71.61 feet; thence southerly along said curve to the right 70.41 feet, to the intersection of the curve with the West line of the NW4, NE-14, Section 2; thence S 00 23,381, W along said West line of the NW4, NE4, 6.86 feet to the point of beginning, and containing 1842.82 square feet more or less. SECTION 2. These negotiations shall not commit the City of Little Rock to an outlay of more than Sixteen Thousand Seven Hundred Forty Six and No /100 Dollars ($16,746.00), which sum is hereby appropriated from the 1965 Improvement Construction Fund for streets. 'v y .t SECTION 3. This Ordinance shall be in full force and effect from and after its passage. PASSED: November 4, 1/9688 ATTEST: CV • ' ✓t- ,V- PROVED : City Cleric a &4e'