5591 RESOLUTION NO 5,591
A RESOLUTION GRANTING A FRANCHISE TO STEPHENS ,
INCORPORATED TO CONSTRUCT A SECOND FLOOR LEVEL
CORRIDOR BETWEEN THE STEPHENS BUILDING LOCATED
AT EAST CAPITOL AND MAIN STREETS AND THE BUILDING
IMMEDIATELY WEST ACROSS THE PUBLIC OWNED ALLEY;
AND FOR OTHER PURPOSES
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF
LITTLE ROCK, ARKANSAS .
SECTION 1 . Stephens , Incorporated of Little Rock is hereby
granted a franchise to construct a second floor level corridor
between the Stephens Building, East Capitol and Main Streets and
the building immediately west across the public owned alley . The
description of said easement is as follows :
An 112 ' easement beginning at a point 22 . 7 '
north of the southeast corner of Lot 5 , Block 5 ,
Little Rock, Pulaski County, Arkansas , which is
the intersection of the east line of said Lot 5
and the centerline of said 112 ' easement; thence
southeasterly along said centerline 21. 3 ' to a
point on the west line of Lot 8, Block 5, said
point being 15 . 3 ' north of the southwest corner
of said Lot 8, all in Little Rock, Pulaski County,
Arkansas .
SECTION 2 . This easement franchise is granted subject to
the following conditions :
a) Stephens, Incorporated will bear the expense of
relocating certain cables presently attached to
the rear of the building involved which are owned
by Southwestern Bell Telephone Company
b) Stephens, Incorporated shall obtain a conditional use
permit for the air space involved.
c) If at some time in the future it becomes necessary for
the City to utilize said right-of-way involved for
any purposes deemed necessary, then upon sixty (60)
days written notice by the City, said corridor shall
be removed and the property restored to its condition
at the time of the granting of this franchise at the
sole expense of the owner.
SECTION 3 . This Resolution shall be in full force and effect
from and after its adoption.
ADOPTED: September 21, 1976
ATTEST: Ilt 41 APPROVED:
"City Cler Assistant Mayor