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11776ORDINANCE NO. 119776 AN ORDINANCE AUTHORIZING PAYMENT FOR PARCEL C 65- S -57 -1 IN IMPROVEMENTS AND FACILITIES LIEU OF THE .APPROVED PURCHASE PRICE; AUTHORIZING THE CONSTRUCTION OF CERTAIN ADDITIONAL IMPROVEMENTS WITHIN THE WEST 3rd STREET RELOCATION PROJECT; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The approved purchase price for Parcel C 65- S -57 -1 in the sum of $10,800.00 as heretofore set forth in Ordinance 11,750 passed June 6, 1966 shall be paid optionally in cash or by the construction of a pedestrian overpass according to the plans and specifications therefor drawn and prepared by Garver and Garver. SECTION 2. Upon receipt of Warranty Deed conveying full legal title to Parcel C 65- S -57 -1 the Grantor shall declare its option of consideration in either the form of cash or the aforesaid improvements and facilities. SECTION 3. The form of the Warranty Deed to the aforesaid Parcel of land and the recitation of consideration there- in shall be approved by the City Attorney in advance of its acceptance by the City of Little Rock. SECTION 4. This Ordinance shall be in full force and effect from and after its passage and approval. PASSED; July 18, 1966 ATTEST: �Ju� J • Id�G City Clerk .APPROVED: Mayor 1j - 2