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9683BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. That the Mayor and City Clerk are hereby authorized and directed to execute a lease on behalf of the City of Little Rock, Arkansas with the Riverside Insurance Company of America for a period of ninety -nine (99) years, beginning December 1, 1954, to the following described real property, to -wit: Part of Lots 4 and 5, Block 256, ORIGINAL CITY OF LITTLE ROCK, Arkansas, described as: Beginning at a point 25.4 feet South of the Northwest corner of Block 256, ORIGINAL CITY .OF LITTLE ROCK; thence South along West line of Block 256, a distance of 39.6 feet; thence East a distance of 50 feet; thence North parallel to Ringo Street, a distance of 22.5 feet; thence Northwesterly to point of beginning, containing 1,552.5 square feet, more or less, Pulaski County, Arkansas. SECTION 2. That the consideration for the execution of this lease by the City of Little Rock shall be an annual pay- ment of Twenty -Five ($25.00) Dollars for a period of Five (5) Years and thereafter for the annual payment of One ($1.00) Dollar. SECTION 3. That all ordinances or parts of ordinances in conflict herewith are hereby repealed, and this ordinance shall be in full force and effect immediately upon its passage and approval. PASSED: November 8, 1954 ATTEST: City Clerk APPROVED: Acting Mayor ORDINANCE NO. 9683 AN ORDINANCE AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A LEASE ON BEHALF OF THE CITY OF LITTLE ROCK WITH THE RIVERSIDE INSURANCE COMPANY OF AMERICA TO PART OF LOTS 4 AND 5, BLOCK 256, ORIGINAL CITY OF LITTLE ROCK, DESCRIBED AS BEGINNING AT A POINT 25.4 FEET SOUTH OF THE NORTHWEST CORNER OF BLOCK 256; THENCE SOUTH ALONG WEST LINE OF BLOCK 256, A DISTANCE OF 39.6 FEET; THENCE EAST A DISTANCE OF 50 FEET; THENCE NORTH PARALLEL TO RINGO STREET, A DISTANCE OF 22.5 FEET; THENCE NORTHWESTERLY TO POINT OF BEGINNING, AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. That the Mayor and City Clerk are hereby authorized and directed to execute a lease on behalf of the City of Little Rock, Arkansas with the Riverside Insurance Company of America for a period of ninety -nine (99) years, beginning December 1, 1954, to the following described real property, to -wit: Part of Lots 4 and 5, Block 256, ORIGINAL CITY OF LITTLE ROCK, Arkansas, described as: Beginning at a point 25.4 feet South of the Northwest corner of Block 256, ORIGINAL CITY .OF LITTLE ROCK; thence South along West line of Block 256, a distance of 39.6 feet; thence East a distance of 50 feet; thence North parallel to Ringo Street, a distance of 22.5 feet; thence Northwesterly to point of beginning, containing 1,552.5 square feet, more or less, Pulaski County, Arkansas. SECTION 2. That the consideration for the execution of this lease by the City of Little Rock shall be an annual pay- ment of Twenty -Five ($25.00) Dollars for a period of Five (5) Years and thereafter for the annual payment of One ($1.00) Dollar. SECTION 3. That all ordinances or parts of ordinances in conflict herewith are hereby repealed, and this ordinance shall be in full force and effect immediately upon its passage and approval. PASSED: November 8, 1954 ATTEST: City Clerk APPROVED: Acting Mayor