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7144ORDINANCE NO. 7144 AN ORDINANCE REPEALING ORDINANCE NO. 7034 WHEREIN THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS GRANTED TO GENERAL AGENCY, INC., THE RIGHT TO EXCAVATE AND USE THE SPACE UNDERNEATH THE SIDEWALKS ALONG AND ADJACENT TO THE WEST EIGHTY (80) FEET OF LOTS ONE (1), TWO (2) and THREE(3), IN BLOCK ONE HUNDRED TWENTY (120) OF THE ORIGINAL CITY OF- LITTLE ROCK, ARKANSAS, FOR A- PERIOD OF NINETY -NINE (99) YEARS FROM JUNE 17, 1946, FOR AN ANNUAL RENTAL OF ONE DOLLAR ($1.00). BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. That Ordinance No.7034,.wherein the City Council of the City of Little Rock, Arkansas, granted to General Agency, Inc., the -right to excavate and use the space ' underneath the sidewalks under and ada'acent to the West and North sides of the West Eighty ($0) feet of Lots One (1), Two (2) and Three (3) in Block One Hundred Twenty (120) of the original City of Little Rock, Arkansas, for a period of ninety -nine (99) years from June 17,1946, is hereby repealed and shall be forever held for naught. SECTION 2. That a Lease Agreement entered into by and between the Board of Public Affairs of the City of Little Rock, Arkansas, acting in accordance and by direction of the City Council of the City of Little Rock, Arkansas under said CTrdinance No.7034, and General Agency, Inc.,' on the 21st day of June, 1946, is hereby cancelled, and the same shall forever be held for naught. SECTION 3. That this Ordinance repealing Ordinance No.7034 and cancelling the said Lease Agreement enacted under Ordinance No.7034, is hereby enacted at the request of General Agency, Inc., and that all rights, liabilities or obligations accruing under or resulting from said in- struments have been waived by General Agency, Inc-., and are hereby waived by the City Council of the City of Little Rock, Arkansas. PASSED: November 4, 1946 APPROVED: ATTEST: MAYOR CITY CLERK