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HomeMy WebLinkAbout4444E T 0.- cDII`.�TC�, 1� 0. 4444. t AN ORDINANCE GRAi'?TIIG TO BOYLE RZILLTY COI,TANY, ITS SUCCESSORS AND ASSIGNS, TILT RIGHT TO EXCAVATE UNDER THE SIDE WALIKS 07J SOUTH LOUISIANA STREET, ADJACENT TO LOT ELEVEN, BLOCK EIGHTY FIVE, ORIGINAL CITY OF LITTLE ROCK, TO A LINE TaELVF, FEET EYIST OF THE EAST PROPERTY LINE OF LOT ELEVEN FOR A DISTANCE OF T'•I=TY FIVE FEET, AND TO CONSTRUCT ldiD i,IAITdTAIN IN SAID EXCAVATION, SUBSTRUCl AND BASE14ENT, FOR SUCH BUILDINGS- AS Iv AY NO''[ OR HEREAFTER STAND ON SAID LOTS, RESERVING CERTAIN EASM,1ENTS TO THE CITY OF LITTLE ROCK; AND COIT1 IRIviING AND RATIFYING THE PREVIOUS CONSTRUCTION ,AND i AINTE-- NANCE OF ANY SUCH STRUCTURES IN THE ABOVE DESCRIBED AREA• AND FOR OTHER PURPOSES. ' � I BE IT ORDAINED BY TIIE CITY COUNCIL OF THE', CITY OF LITTLE ROCK,AR'r . : SECTION 1: THAT Boyle Realty Company, owner of the East Hundred and Three feet of Lot Eleven, Block Eighty Tive, Original City of Little Rock, Arkansas, beinc, fifty feet frontage on South Louisiana Street, be, and it is hereby, granted permission to excavate under the sidewalk on South Louisiana Street adjacent tp, the above described property, to a line twelve feet east of the east property line of Lot Eleven and parallel thereto beginning approximately ten feet North of the Southeast corner of Lot Eleven and extending Abrth a distance of twenty -five feet. The right is also granted to Boyle Realty Company, its successors and assigns, to construct and maintain in the above described area for a period of ninety -nine years from the date of the passage and approval of this ordinance, substructures and basement of such buildings as may now stand or may hereafter be erected on said lot. There is reserved to the City of Little Pock and its assigns the right to use for the sole purpose of laying and main- taining public utility pipes and conduits as part of a system occupying sirailar space on adjacent property, all the area more than ten feet east of the east property line of Lot Eleven in the above described area to a depth of three feet measured from the present surface of the sidewalk. SECTION 2,:; 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 areas for substructures, hnd basement by Boyle Realty Company, its successors and assigns, for a period of ninety -nine years from the date of the passage and approval of this ordinance, at the rental of One Dollar a year. 9 SECTION 3: TIULT excavation in the above described areas and the maintenance of substructures and basements therein previous to the date of the passage and approval of this ordinance are hereby ratified, confirmed and approved. 3.�CTIOhT 4: ITT all ordinances or parts of ordinances in conflict herewith are hereby repealed only insofar as they affect this ordinance. Passed: July 11 1929. � TE:'ST: r� City Clerk AIP OVr.D r Mayo r