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HomeMy WebLinkAbout12015ORDINANCE NO. 12,015 AN ORDINANCE APPROPRIATING THE SUM OF $250.00 FROM THE 1965 IMPROVEMENT CONSTRUCTION FUND TO BE USED AS EARNEST MONEY TO OBTAIN AN OPTION TO PURCHASE A PARCEL OF REAL ESTATE IDENTIFIED AS PARCEL NO. 1 FROM FRANK R. SHEPHERD, TO BE USED AS RIGHT -OF -WAY FOR 65TH STREET; AND FOR OTHER PURPOSES. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. There is hereby appropriated from the 1965 Improvement Construction Fund the sum of Two Hundred Fifty and N01100 Dollars ($250.00) to be used as earnest money to obtain an option to purchase a parcel of real estate identified as Parcel No. 1 from Frank R. Shepherd for the appraisal price of Sixteen Thousand Four Hundred Twenty Five and N01100 Dollars ($16,425.00) to be used as street right -of -way for the 65th Street widening project. SECTION 2. This Ordinance shall be in full force and effect from and after its passage. PASSED: January 2, 1968 ATTEST. / APPROVED: City Clerk Mayor