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4642ORDINANCE NO 464 AN ORDINANCE AUTHORIZING TI E BOARD OF PUBLIC AFFAIRS TO ENTER INTO A LEASE CONTRACT '. .VITH 10 111HITE BROS . & COA1,PANY FOR CERTAIN PORTIONS OF THE PROPERTY F,2TO`Nit AS THE AIR -LANE AND AIR SHIP LANDI" FIELD AND BEING PART OF -HE PROPERTY OF THE ?'KITED STATES GOVERNMENT Y�TOWN AS THE LITTLE ROCK AIR DEPOT, AND RATIFYING ANY LEASE OR LEASES AL LADY ENTERED INTO BY SAID BOARD OF �'UBLIC AFFAIRS ON SAID PROPERTY AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK: Section 1. That the Board of Public Affairs is hereby authorized to enter into a lease contract with 'Thite Bros.& Co. of Russellville, Arkansas for the land and -:remises known as the Air Plane and Air Ship Landing Field and being a. part of the property of the United States Government known as the Little Rock Air Depot, Little Rocky Arkansas, for a period of five,(5) years from Ilay 2391930 and for a rental consideration of Three Thousand ($39000) Dollars per yearp and any lease contracts he-etofore executed by the said Board of Public Affairs with the said White Bros. & Company upon said premises is hereby ratified and confirmed as fully as if said contract had been executed after the passage of this ordinance. formance of the conditions of the lease upon the part of the City of Little Rock. Section 3. This ordinance shall take effect and be in force from and after the date of its passage. I Passed : July 7, 152304 -4., y Attes �r Approved - ` Ci erk Mayor Section 2. The Board of Public Affairs is hereby author- ized to procure a surety bond guaranteeing the faithful per- formance of the conditions of the lease upon the part of the City of Little Rock. Section 3. This ordinance shall take effect and be in force from and after the date of its passage. I Passed : July 7, 152304 -4., y Attes �r Approved - ` Ci erk Mayor We, the undersigned Aldermen, hereby instruct the Board of Public Affairs to enter into a lease with ,hite Bros. of Russellville, Arkansas, for the Goverrment hirrort, and we hereby agree to vote for an ordinance approving said lease and an ordinance authorizing said Board of Public Affairs to execute a surety bond to 'bite Bros. guaranteeing that the City Trill perform its contract Trith said 7hite Bros. E I Si d • 1 7 - / i' ,J Ole" 4L �-