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10046rf���� "� l 1, J {: ORDINANCE NO. 109046 AN ORDINANCE TO TRANSFER TO THE BOARD OF TRUSTEES OF LITTLE ROCK PUBLIC LIBRARY THE MANAGEMENT OF LOTS SEVEN (7), EIGHT (8) AND NINE (9), BLOCK EIGHTY -SEVEN (87), ORIGINAL CITY OF LITTLE ROCK. WHEREAS, The City of Little Rock recently acquired title to Lots Seven (7), Eight (8) and Nine (9)0 Block Eighty -Seven (87), Original City of Little Rock, as the site for the construction of an annex to the Little Rock Public Library and under the terms of the deed of conveyance said City of Little Rock will be entitled to possession of said property as of March 1. 1956. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK: SECTION 1. The management of Lots Seven (7), Eight (8) and Nine (9), Block Eighty - .Seven (87), Original City of Little Rock, is hereby transferred to the Board of Trustees of Little Rock Public Library. Said Board shall have the right to collect rents, and contract for the leasing of said property. SECTION 2. The rentals received from said property by said Board of Trustees shall be paid into the City Treasury and shall be segregated from all other funds of said Library and shall be used only for payment of bills incurred.in the maintenance of the present improvements, insurance premiums, preparing the site for construction of an annex, contracting for architectural services and contracting for construction of the proposed annex. SECTION 3. The Little Rock Public Library Commission is hereby directed to make an annual financial report concerning said funds.to the City Council. SECTION 4. That all ordinances and parts of ordinances in conflict herewith are hereby repealed, and this ordinance shall be in full force and effect from and after its passage and approval. Passed: February 13, 1956 ATTEST: 0 9 .. . APPROVED: City Clerk Mayor RETURNED�BY MAYOR WITHOUT SIGNATURE: ra_L_.._- 'IL ,Arc