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12229ORDINANCE NO. 129229 AN ORDINANCE AUTHORIZING THE EXECUTION OF AN OPTION TO PURCHASE TEN ACRES OF LAND IN PULASKI COUNTY, ARKANSAS TO BE USED FOR A MATERIALS YARD-, APPROPRIATING THE SUM OF $35,000,00 FROM STREET FUNDS- AND FOR OTHER PURPOSES. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. The City Manager is hereby authorized and directed to execute for and on behalf of the City of Little Rock an option to purchase from Industrial Development Company of Little Rock, Arkansas ten (10) acres of land, more or less, in Pulaski County, Arkansas described as: East k of the North k of NWk of SEk, Section 32, Township.l North, Range 12 West, containing 10 acres," more or less. for'the sum of $35,000.00.cash. SECTION 2. There is hereby appropriated from the Street Fund heretofore reserved for street improvements in the 1969 Budget the sum of $35,000.00 to be used for the purpose of paying the purchase price authorized in Section 1 hereof . SECTION 3, This Ordinance shall be in full force and effect from and after its passage, PASSED: June 2, 1969 ATTEST: nv C� Acting ity Cler APPROVED: Assistant Mayor cc a (,(- G -3