Loading...
5942ORDINANCE N0. 5942• AN ORDINANCE APPROPRIATING THE SUM OF FIFTY -FOUR THOUSAND FIFTY AND no/100 DOLLARS ( #54,050.00) OUT OF THE PROCEEDS OF THE AIRPORT CONSTRUCTION FUND FOR THE PURCHASE OF CERTAIN REAL PROPERTY AS AN*ADDITION TO THE LITTLE ROCK MUNICIPAL AIRPORTt AUTHORIZING THE MAYOR AND THE CITY CLERK TO ENTER INTO CONTRACTS FOR THE PURCHASE OF CERTAIN REAL PROPERTY TO CONSTITUTE"AN ADDITION TO THE LITTLE ROCK MUNICIPAL AIRPORT; REPEALING ALL ORDINANCES IN CONFLICT; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY OOUNCIL OF THE CITY OF LITTLE ROCKt Section 1. Whereas, the City of Little Rook finds it necessary and desirable to increase the physical afea of its municipal airport, and, whereas, the City now has the oppor- tunity to purchase certain real property, more particularly described herein, and improvements thereon, which real prop- erty is found to be suitable and appropriate for said pur- pose of increasing the physical area of the municipal airport, NOW, THEREFORE, the sum of Fifty -four Thousand Fifty and no/100 Dollars ($54,050.00) is hereby appropriated out of the Airport Construction Fund to be used for the purchase of the following described real property, said real property constituting an addition to the Little Rook Municipal Airport, as follows$ I. 101.15 acres, more or less, bordering on Fourche Pik Pike and Airport Pike, lying immediately South, Egst and Southeast of the Pikes and known as the Bourne Farm, being legally described as all of the West One -half (Wj) of the Southwest Quarter (SW .-) of Section Seven (7), and all of the East one -half (NJ) of the Southeast Quarter (8Ej) of Section Twelve (12), Township One North (Twp. 1 N), Range Twelve west (R 12 W), lying South of the paved highway except a right- of -wyy taking off a small strip in the Southwest corner of the East One -half (E$) of the Southeast Quarter (SE *)• II. Part of East One -half (Eg) Southwest quarter (SW6), Section Seven (7), Township One North (Twp. 1 N), Range Eleven Rest (R 11 W), Pulaski County, more particularly described as followsr Begin on the South line of said Section Seven (7) at a point 704.57 'feet West of the Southeast corner of said Southwest Quarter (SWj) thence West 535.43 feet; thence North 2640 feet; to the North line of said Southwest Quarter (SWI); thence East 535.43 feet to a point which is 704.57 feet West of the North- east corner of said Southwest Quarter (Swj); thence South 2840 feet to the point of beginning, contain- ing 32.45 acres, more or less. i _r y 46�� c a Pte. -2- III. Begin at a point on the South line of the East one - half (Ea) Southwest Quarter (SAj), Section Seven (7), Township One North (Twp. 1 N), Range Eleven West (R 11 N), 894.57 feet West of the Southeast corner of said East One -half (Ej�, thence best along said South line 810 feet; thence North 2640 feet to the North line of said Southwest Quarter (SW-41); thence East along said North line 310 feet; and thence South 2640 feet to the point of beginning on South line of said East One -half (Sj) Southwest Quarter (8W*) oontaining:18.78 acres, more or less. Section 2. The mayor and city clerk are hereby authorized to enter into appropriate contracts with the owners of said lands title to acquire a good, merchantableAo said lands on the following basis: Not more than $30,300900 shall be expended for the ao- quisition of tract I; not more than $16,500.00 shall be expended for the acquisition of tract II; not more than $7,250.00 shall be expended for the acquisition of tract III. WHEREAS, Immediate acquisition of the lands covered by this ordinance is vital to the welfare and safety and wbllbeing of the citizens of Little Reek, aa, omergenoy is hereby #4 , to exist and this ordinanoe is found to be necessary for they immediate preservation of the public peace, health and safety, and the same shall be in full force and effect from and after July 12, 1940. Faseeds July 12, 1940. Approve ltte 0r