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ORDINANCE NO. 129046
AN ORDINANCE CREATING A MUNICIPAL TOLLWAY
AUTHORITY AND SPECIFYING ITS POWERS, AUTHORITY,
RESPONSIBILITIES AND OBLIGATIONS; PRESCRIBING
OTHER MATTERS PERTAINING THERETO; AND DECLARING
AN EMERGENCY.
WHEREAS the City of Little Rock, Arkansas (the "City ") is a
city of the first class under the laws of the State of Arkansas and has
a; determined to proceed under Act No. 33 of the First Extraordinary Session
N of the Sixty -Sixth General Assembly of the State of Arkansas, approved
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February 20, 19 6 8 ("Act No. 33") to create a municipal tollway authority;
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o NOW, THEREFORE, BE IT ORDAINED by the Board of Directors
of the City of Little Rock, Arkansas:
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Section 1. That under and in pursuance of the authority con -
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Q) ferred by Act No. 33, there be, and there is hereby, created a municipal
tollway authority, designated "Little Rock Tollway Authority" (the "Authority ") .
Section 2. That R. A. Lile; Jack T. Lynn, Sr., Max Mehlburger,
Sr., Dan Phillips and Moise B. Seligman, Jr. be, and they are hereby,
appointed as members of the Authority to serve as follows: One for a term
of one year; one for a term of two years; one for a term of three years; one
for a term of four years; and one for a term of five years, to be determined by
lot at the first meeting of the Authority. When determined, there shall be
filed in the office of the Secretary of the Authority and in the office of
the City Clerk of the City a statement of the term of each member. Upon
expiration of the respective terms, successor members of the Authority shall
be appointed by the remaining members, subject to the approval of the Board
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of Directors of the City, and each such .appointee shall serve for a term of
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five years. In the event of a vacancy occurring on the Authority, the
remaining members of the Authority shall, subject to the approval of the
Board of Directors -of the City, appoint a member to serve the unexpired
term. All members of the Authority must be qualified electors of the City
and each shall file the oath required by law in the State of Arkansas for
public officials.
Section 3. The Authority shall have all powers, authority,
responsibilities and obligations included and set forth in Act No. 33, it
being the intention of this Ordinance to vest in the Authority the powers,
authority, responsibilities and obligations of a tollway authority with
reference to tollway projects within the City. To this end, the Authority
is hereby authorized and directed to do any and all things, execute any
and all documents and instruments and perform all acts of whatever nature
necessary to effect and carry out the authority conferred by Act No. 33 and
by this - Ordinance, or to evidence that authority and its exercise.
Section 4. 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 and provisions.
Section 5. That all ordinances, resolutions and parts thereof in
conflict herewith are hereby repealed to the extent of such conflict.
Section 6. That there is hereby found and declared to be an
immediate need to make available transportation facilities to keep abreast
of the transportation requirements of the citizens, which are essential to
the welfare, safety and prosperity of the City and its citizens and-inhabi-
tants; that Act No. 33, as implemented by this Ordinance, offers an
opportunity to discharge this essential public responsibility which should
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be fully explored and implemented; and that the realization of the public
benefits sought to be accomplished by this Ordinance depend upon the
prompt undertaking of the authority conferred hereby. It is, therefore,
declared that an emergency exists and this Ordinance being necessary
for the immediate preservation of the public health, safety and welfare
shall be in force and take effect immediately upon and after its passage.
PASSED: March 26 , 1968.
ATTEST:
City Clerk
APPROVED:
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