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11037Y ORDINANCE NO. 11,037 AN ORDINANCE AUTHORIZING THE MISSOURI PACIFIC RAILROAD COMPANY, A MISSOURI CORPORATION, ITS SUCCESSORS AND /OR ASSIGNS, TO CONSTRUCT A SPUR TRACK ACROSS EAST FOURTH STREET; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE BOARD OF DIRECTORS OF LITTLE ROCK, ARKANSAS: SECTION 1. The Missouri Pacific Railroad Company, a Missouri corporation, its successors and /or assigns, is hereby authorized to construct, maintain and operate, at the expense of the said Missouri Pacific Railroad Company, its successors and /or assigns, a spur track across East Fourth Street in the City of Little Rock, Arkansas; said spur track to be constructed at a location to be approved by the City. - Engineer between John and Bond Streets, and serving to connect the Scott Sash & Door Company, Inc. facilities with the Missouri Pacific Railroad. SECTION 2. Said Missouri Pacific Railroad Company, its successors or assigns, shall maintain said track so that the top of the rails shall be on a level with the grade of the street as now or hereafter established, and shall be built and maintained so as not to interfere with any water way or flow of same, and the City shall have the right to alter said grade at its pleasure without responsibility to the railroad, its successors or assigns. The railroad, its successors or assigns, shall also maintain between the rails of said track and two (2) feet on each side thereof pavement of like character and material as is now, or may be hereafter, constructed at said point. SECTION 3. The use of said track shall be so conducted as not to interfere with the usual traffic along East Fourth Street. SECTION 4. For this grant the said Missouri Pacific Railroad Company, its successors or assigns, shall pay to the City the sum of Twenty -five Dollars ($25.00) per annum, payable annually in advance. beo - i6 C - (n r L SECTION 5. This grant shall be and remain in force and effect for a period of twenty -five (25) years from and after the date of the acceptance of this ordinance by the Missouri Pacific Railroad Company, provided that same is accepted with- in ninety (90) days after its passage. Approved; �!` Mayor 4-7 Attest; City Clerk Passed; March 79 1960 The terms of the above ordinance are hereby accepted, this day of , 1960. Missouri Pacific Railroad Company By