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HomeMy WebLinkAbout11026ORDINANCE NO. 11,026 AN ORDINANCE AUTHORIZING THE CONSTRUCTION, USE, OCCUPANCY AND MAINTENANCE OF AN OVERHEAD STRUCTURE ACROSS THE ALLEY INTERSECTING BLOCK 83, ORIGINAL CITY OF LITTLE ROCK, ARKANSAS, CONNECTING THE BANKING HOUSE OF THE FIRST NATIONAL BANK IN LITTLE ROCK, LITTLE ROCK, ARKANSAS, WITH AN OFFICE BUILD- ING CONSTRUCTED UPON LOTS 4, 5, 6 and a PART OF LOT 3, BLOCK 83, ORIGINAL CITY OF LITTLE ROCK, ARKANSAS. BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. The First National Bank in Little Rock, Little Rock, Arkansas, a national banking institution, organized, existing and operating under the National Banking Laws of the United States of America, its successors and assigns, is hereby authorized to construct, use, occupy and maintain an overhead structure, crossing the alley intersecting Block 83, Original City of Little Rock, Arkansas, connecting the banking house of said bank located upon Lots 11, 12 and a part of Lot 10, Block 83, Original City of Little Rock, Arkansas, with an office building known as The Tower Building which is located on the northeast corner of 4th and Center Streets, Little Rock, Arkansas, and upon Lots 4, 5, 6, and a part of Lot 3, Block 83, Original City of Little Rock, Arkansas; such overhead structure to be used for the purpose of affording access between and connecting the main lobby in the banking house of said bank with a lobby extension to be located upon the ground floor of said office building together with such other banking facilities as may be placed in said office building by said bank, said lobby extension having been authorized by the Comptroller of the Currency of the United States. Section 2. Such overhead crossing structure shall be erected at a height not less than fourteen feet six inches (14' 6 ") above the surface of the alley above mentioned; and it shall be constructed in accordance with plans and specifications which have been submitted to, and approved by, the City Engineer of the City of Little Rock, DOf�- /Z11 4,7 Arkansas. - 2 - Signs showing the clearance of said structure above the surface of the alley shall be continuously maintained on both sides of the structure. Section 3. Said overhead crossing structure may be maintained, occupied and used by The First National Bank in Little Rock, Little Rock, Arkansas, its successors and assigns, so long as the space occupied by said overhead crossing structure is not needed for public purposes. The City of Little Rock, Arkansas, retains the right to revoke this franchise at any time said space occupied by said overhead crossing structure is needed for public purposes, and at such time The First National Bank in Little Rock, Little Rock, Arkansas, its successors and assigns, shall be required to remove said overhead crossing structure from the space occupied by same, and shall be required to pay all costs which may be incurred in connection with the removal of said overhead crossing structure. Section 4. It has been found, and is hereby declared, that the postponement of the effective date of this Ordinance will cause delay in the construction of said overhead structure and that said banking facility is needful and important from the standpoint of the public welfare. It is therefore declared that an emergency exists, and this Ordinance, being necessary for the preservation of the public welfare, peace, health and safety, shall take effect and be in force from and after the date of its passage. PASSED: February 1, 1960 ATTEST: CITY CLERK APPROVED: �l MAYOR