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1763 RESOLUTION NO. 1763 A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO ENTER INTO A LEASE CONTRACT WITH THE MARION HOTEL GARAGE COMPANY FOR A SMALL STRIP OF LAND, FORMERLY WATER STREET, LOCATED IMMEDIATELY NORTH OF LOTS 4, 5 AND 6, BLOCK 79, ORIGINAL CITY OF LITTLE ROCK: AND FOR OTHER PURPOSES. WHEREAS, Marion Hotel Garage Company is the owner of Lots 4, 5 and 6, Block 79, Original City of Little Rock, and has, located on the South part of said lots, a Garage build- ing, known as the Grady Manning Hotel Garage; and WHEREAS, the North line of said Lots runs West 406 feet on the East side and 4.02 feet on the West side South of the North line of the Missouri Pacific Railroad right-of-way; and WHEREAS, the Marion Hotel Garage Company desires to ex- tend the North wall of the said Garage approximately one foot beyond its North property line, so as to form a perfect right angle with the wall to be constructed along the West side of said property; and WHEREAS, the said strip of land, measuring 4.6 feet on the East side and 4,02 feet on the West side, lying between the North line of Lots 4, 5 and 6, Block 79, Original City of Little Rock and the Missouri Pacific Railroad right-of-way - is of no value by reason of its location and has been permitted to grow up in underbrush and weeds to the extent that it is unhealthy and unsightly; aid WHEREAS, if the Marion Hotel Garage Company puts an ex- tension on its present Garage site, so as to include a portion of said strip of land, it will greatly improve the appearance and eliminate the unsightly appearance of said strip of land; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK: Section to That the Mayor and City Clerk of the City of Little Rock be, and they are hereby authorized and directed to execute and deliver the Lease Contract, hereinafter set forth, which is in words and figures as follows; "THIS LEASE CONTRACT entered into this day of August, 1947, by and between the City of Little Rock, Ark- ansas, acting by and through its Mayor and City Clerk, who are duly authorized to act on behalf of said City (hereinafter known as "Lessor" ) and the Marion Hotel Garage Company, a corporation authorized to do business in the State of Arkansas, acting by and through its Vice President, duly authorized so to act, (hereinafter known as the "Lessee" ) ; W I T N E S S E T H: WHEREAS, the Marion Hotel Garage Company is the owner of Lots 4, 5 and 6, Block 79, of the Original City of Little Rock, Arkansas, and has, many years ago, constructed a Garage on the South part of said Lots, which is known as the Grady Manning Hotel Garage, formerly the McGehee Hotel Garage; and WHEREAS, the Marion Hotel Garage Company desires to ex- tend the floor space in said Garage by extending the East and West walls of the present building North, so as to cover the entire tot; and WHEREAS, it has been determined that the North line of said lots does not make a perfect angle with the West line of said Lot, and in order to make a perfect right angle, it is necessary that the West wall be extended approximately a foot beyond the North line of said Lot Six (6) ; and -2- "WHEREAS, the City owns a strip of land approximately Four (4) feet wide and One Hundred Fifty (150) feet long, between the North line of said Lots 4, 5 and 6 and the Missouri Pacific Railroad right-of-way, which was formerly known as Water Street; mad WHEREAS, said strip of land is very steep, and trees, weeds and shrubs are permitted to grow up on said strip of land and cause it to be both unsightly and unhealthy; and WHEREAS, if said strip of land is leased to the Marion Hotel Garage Company, it will be kept in a sanitary condition; and WHEREAS, the Marion Hotel Garage Company has agreed to use a part of this strip for the location of the extended wall along the West side thereof and a new wall along the North side thereof, IT IS HEREBY CONTRACTED AND AGREED AS FOLLOWS: The said City of Little Rock, Lessor, has this day let and leased to the Marion Hotel Garage Company, a corpo- ration authorized to do business in the State of Arkansas, as Lessee, the following described property, to-wit: That part of the original City of Little Rock, Arkansas, platted as Water Street, and more partic- ularly described as follows: Begin at the Northeast corner of Lot Four (4) , Block Seventy-nine (79) , Original City of Little Rock, thence North along a line Alicia is the exten- sion of the Lot line between Lots Three (3) and Four (4) of said Block Seventy-nine (79) a distance of 4.6 feet to the South side of Missouri Pacific Railroad right-of-way; thence West along the South side of the said right-of-way to the intersection of the West side of Lot Six (6) , Block Seventy-nine (79) , if extended; thence South along said line a distance of 4.02 feet to the Northwest corner of Lot Six (6) , Block Seventy-nine (79) , Original City of Little Rock; thence East along the North line of Lots Four (4) , Five (5) , and Six (6) , Block Seventy-nine (79) to the point of beginning. 1. This lease shall remain in full force and effect for a period of Ninety-nine (99 ) years from this date. -3.. 2. Lessee agrees to pay to the City of Little Rock, Arkansas, the sum of One Thousand Dollars ($1,000.00) in advance, which shall be in full sat- isfaction of all rents due for the term of this lease. 3. Lessee agrees, at its own expense, to use said property or any part thereof for the extension '' 4 --) 0-1--.' cf its present Garage Building, now located on the '`' �;s Z :--; °G uth part of Lots 4, 5 and 6, Block 79, Original I ,.z i ''1 c) 0 1-1 !L• ,' i,� E� r1 o ;, ; H O ,..4.1 ty of ittle Rock; and in the event the full space 4' :� F-1 � '--+ E+� LI is not used, the Lessee agrees at all times during E• ,�? tr -co `C t-, 1 �-' Y' 0 ° " pal '-' tlit6 term -of this lease to keep said property free Z" '".1 =-+ . w: :>-, w1 rr F -' M .4; Lx7 --/ c-+ , r,.-�0 add clear'. from vegetative growth that would become x_41 s 1 La C)JiyS 1 { E4 0 J '� ':3 unsightly or unhealthy. L � � yi�( { °y 4. Lessee may sublet the demised premises or LI:: H � 4 7 W rr ;; •�-t 0 any part thereof, but any sublease shall be made on ojHC3o `' �A `1 `7 the terms and conditions not inconsistent with this lease, and subh sublessee shall assume all the obli- gations resting on the Lessee as herein provided. 5. Lessor shall not be called upon for any ex- pense of any kind in connection with the upkeep and maintenance of the above descit bed property during the term of this lease. IN WETNESS WHEREOF, the parties hereinabove named have caused this lease to be executed in dupli- cate under their respective seals, in Little Rock, Arkansas, this day of August, 1947. CITY OF LITTLE ROCK, ARKANSAS ATTESTED: BY �___._Mayo r C y C er L e s s o r MARION HOTEL GARAGE COMPANY By President or ADOPTED: L e s s e e Vice President u_ st 1947 AT : T: / ,,411/4i....- APPR. D: , / .411 MI CI k lerk —AO etA4a2V May or