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HomeMy WebLinkAbout10562�._a. As ORDINANCE N0.10 AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR AND THE CLERK OF THE CITY OF LITTLE ROCK, ARKANSAS, TO UPON CERTAIN CONDITIONS EXECUTE AN INSTRUMENT CONVEYING TO THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ARKANSAS CERTAIN LANDS AND PROPERTIES FOR THE PURPOSE OF OPERATING AMID MAINTAINING THE CRADUATE INSTITUTE OF TECHNOLOGY; AUTHORIZING AND DIRECTING THE MAYOR AND CLERK OF THE CITY OF LITTLE ROCK, ARKANSAS, TO UPON CERTAIN CONDITIONS EXECUTE AN INSTRUMENT RELEASING THE ARKANSAS STATE HIGHWAY COMMISSION FROM ANY AND ALL DAMAGES BY REASON OF THE CONSTRUCTION OF A HIGHWAY OR EXPRESSWAY IN THE EAST PORTION OF THE CITY OF LITTLE ROCK, ARKANSAS; AND FOR OTHER PURPOSES. WHEREAS, the Arkansas State Highway Commission has proposed to construct a certain highway or expressway through and over a part of the East portion of the City of Little Rock, Arkansas; and WHEREAS, the City of Little Rock, Arkansas, holds title to certain lands located in the East portion of the City of Little Rock, Arkansas, which property was formerly occupied by the University Hospital and the School of Medicine of the Yniversity of Arkansas, which property it proposes to convey to the Board of Trustees of the University of Arkansas; and WHEREAS, the Board of Trustees of the University of Arkansas desires to acquire the lands held by the City of Little Rock, Arkansas, which lands were formerly occupied by the University Hospital and the School of Medicine of the University of Arkansas; and WHEREAS, the Board of Trustees of the University of Arkansas desires to use the lands above described for the purpose of operating and maintaining the Graduate Institute of Technology as provided by Act 203 of 1957; and _ _2_ WHEREAS, the Metropolitan Area Planning Commission of Pulaski County, Arkansas, and the Arkansas State highway Commission, cooperating one with another and with the City of Little Rock, Arkansas, and the Board of Trustees of the University of Arkansas, have provided certain plans for the location of the highway or expressway proposed to be constructed through the East portion of the City of Little Rock, Arkansas, by the Arkansas State Highway Commission, which plan provides for the location of said highway or expressway in the close proximity of but traversing an area east of the lands and properties held by the City of Little Rock, Arkansas, above described; and WHEREAS, the proposed location of the highway or expressway through the East portion of the City of Little Rock, Arkansas, as hereinabove mentioned will not substantially adversely affect the lands hereinabove described and presently held by the City of Little Rock, Arkansas; and WHEREAS, the City of Little Rock, Arkansas, and the Board of Trustees of the University of Arkansas desire to cooperate with the Metropolitan Area Planning Commission of Pulaski County, Arkansas, and the Arkansas State Highway Commission by releasing the Arkansas State Highway Commission from any damages that it or they may sustain by reason of the close proximity of or the lack of direct access to the highway or expressway proposed to by constructed by the Arkansas State Highway Commission; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE OF THE CITY OF LITTLE ROCK, ARKANSAS: V SECTION 1. That the Mayor and Clerk of the City of Little Rock, Arkansas, are hereby authorized and directed to convey on behalf and in the name of the City of Little Rock, Arkansas, to the Board of -3- Trustees of the University of Arkansas the lands and properties the title to which is vested in the City of Little Rock, Arkansas, which are located in the East portion of the City of Little Rock, Arkansas, which lands and properties were formerly occupied by the University Hospital and the School of Medicine of the University of Arkansas, said conveyance being upon the condition that the Board of Trustees of the University of Arkansas shall, within a peridd of ninety (90) days begin the operation and maintenance upon said premises of The Graduate Institute of Technology as authorized by Act 203 of 1957 and continue the operation and maintenance of The Graduate Institute of Technology, and should said property and premises cease to be used for The Graduate Institute of Technology then said property and premises is to revert back to the City of Little Rock, Arkansas within ninety (90) days, and upon the further condition that the Board of Trustees of the University of Arkansas release the Arkansas State §ighway Commission from any and all damages accruing by reason of the construction or maintenance of and lack of access to the proposed highway or expressway which shall be located in the close proximity to, but not over, the property hereinabove described. SECTION 2. The Mayor and the Clerk of the City of tittle Rock, Arkansas, are hereby authorized and directed on behalf and in the name of the City of Little Rock, Arkansas, to execute an instrument releasing the Arkansas State Highway Commission from any and all damages accruing by reason of the construction or maintenance of and lack of access to the proposed highway or expressway which shall be located in the close proximity to, but not over, the property here - inabove described. SECTION 3. The provisions of this Ordinance shall be contingent upon the location by the Arkansas State Highway Commission of the highway or expressway proposed to be constructed through the East -4- portion of the City of Little Rock, Arkansas, so as not to traverse the lands described in Section 1 hereof or the lands presently occupied by MacArthur Park. SECTION 4, WHEREAS, the City of Little Rock, Arkansas, will clearly benefit by the operation and maintenance of The Graduate Institute of Technology in the City of Little Rock, Arkansas, and by the construction of a highway or expressway through the East portion of the City of Little Rock, Arkansas; and WHEREAS, there exists an extreme need for additional gradyate education and research in the State of Arkansas; and WHEREAS, traffic conditions require the construction of additional highway or expressway facilities in the City of Little Rock, Arkansas; NOW, THEREFORE, it is hereby determined that an emergency exists and this Ordinance, being necessary for the immediate preservation of the public peace, health, safety and welfare, shall be in full force and effect from and after its passage and approval. PASSED: June 24, 1957 A TTEST: City Clerk APPROVED: G�7r�y Mayor