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HomeMy WebLinkAbout42924 �4 ORDINANCE NO. 4292. AN ORDINANCE GRANTING TO THE DONAGHEY MAIN AND MARKHAM REALTY CO., THEIR ASSIGNEES AND SUCCESSORS THE RIGHT TO EXCAVATE UNDER THE SIDEWALK ON MAIN AND MARKHAM STREETS ADJACENT TO THE WEST SIXTY -NINE FEET OF LOTS 19 2 AND 3 OF BLOCK 2 ORIGINAL CITY OF LITTLE ROCK AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK: SECTION I. That the Donaghey Main and Markham Realty Co., being the owners of the west sixty -nine (69) feet of Lots 1, 2 and 3, Block 2 in the original City of Little Rook, which property is situated at the south -east corner. of Main and Markham Streets in said City and said Company now being engaged in excavating said lots for the purpose of erecting thereon a building, and their assigness and successors, be and are hereby granted permit to excavate under the sidewalk adjacent to aaid property, said ex- cavation to extend six feet beyond North and West property lines. SECTION 2. That the excavation hereby permitted, shall extend on both Main and East Markham Streets and the right is hereby granted to maintain therein super- structure and basement of said proposed building for a period of ninety -nine (99) years. SECTION 3. That the Board of Public Affairs of the City of Little Rock is hereby authorized and instructed to enter into and complete a lease for the use of the above mentioned space by the Donaghey Main and Markham ltlpalty Oo. for a period of ninety - nine years at one dollar ($1.00) per year. SECTION 4. This ordinance is to take effect and be in force from and after its passage. Passed: March 122 1928. Attest: Clerk. Approved: �Ma r.