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HomeMy WebLinkAbout9997INV ORDINANCE NO. 999? i AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR AND CITY CLERK TO ENTER INTO AND EXECUTE A CONTRACT WITH GUY A. THOMPSON, TRUSTEE, MISSOURI PACIFIC RAILROAD COMPANY, PROVIDING, AMONG OTHER THINGS FOR THE CITY TO FURNISH MATERIALS, INSTRUMENTALITIES AND LABOR FOR GRADING A ROAD BED, DRAINAGE OF TWO RELOCATED RAILROAD TRACKS, REINFORCED CONCRETE WALL AND CYCLONE TYPE FENCE AT SPECIFIED POINTS; THE CITY AGREES TO EXECUTE AN EASEMENT TO THE MISSOURI PACIFIC RAILROAD COMPANY TO PLACE A MANHOLE IN THE RIVERPRONT DRIVE RIGHT-OF-WAY AND PAY THE COST OF ADJUSTING AND RELOCATING MANHOLES AND CONDUITS OF THE WESTERN UNION TELEGRAPH LINES IN ORDER TO CLEAR THE RIGHT- 4W"4l'AY FOR THE RIVSRI+80NT DRIVE: PROVIDING FOR THE BAKLRQAD COMPANY AGREEING TO PERMIT THE CITY OF LITTLE ROCK TO ENTER UPON CERTAIN LANDS OF THE COMPANY DURING CONSTRUCTION OF THE RIVERFRONT DRIVE: THE COMPANY AGREEING TO RELOCATE 2 MAIN TRACES, RELOCATE CONDUITS OF I STERN UNION LINES AND AGREEING TO CONVEY TO THE CITY OF LITTLE ROCK A PART OF BLOCK 186, NORTHERLY PORTION OF BLOCK 80 AND A PART OF BLOCK 34, ALL IN THE ORIGINAL CITY OF LITTLE ROCK; DEFINING THE WORDS OXUaBIT 'A'" AND"EXHIBIT 'B'" AS USED THEREIN; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. That the Mayor and City Clerk are hereby authorized and directed to enter into and execute a contract with Guy A. Thompson, Trustee, Missouri Pacific Railroad Company whereby the City of Little Rock, Arkansas, will furnish materials, instrumentalities and labor for grading a road bed, drainage of two relocated railroad tracks, reinforced concrete wall and cyclone type fence at specified points; the city agrees to execute an easement to the Missouri Pacific Railroad Company to place a manhole in the Riverfront Drive Right -of -way and to pay the cost of adjusting and relocating manholes and conduits of the Western Union Telegraph lines in order to clear the right- of-way for the Riverfront Drive; and whereby the railroad company agrees to permit the City of Little Rock to enter upon certain lands of the company during construction of the Riverfront Drive; the company agreeing to relocate 2 main tracks, relocate conduits of Western Union lines and agreeing to convey to the City of Little Rock a part of Block 1862, Northerly portion of Block 80 and a part of Block 34, all in the ORIGINAL CITY OF LITTLE ROCK. SECTION 2. That the definition of "Exhibit 'A' ", as used in the contract, the form of which is hereinafter set out, as it pertains to this contract, is a warranty deed by the City of Little Rock, Arkansas to Guy A. Thompson, Trustee, Missouri Pacific Railroad Company, Dabber, dated August 1, 1955, recorded in Deed Book No. 578 at page 405 of the following described lands in Pulaski County, Arkansas, to-wit: P. f -2- WARRANTY DEED Municipal Corporation KNOW ALL MEN BY THESE PRESENTS: That the City of Little Rock, Arkansas, a municipal corporation, organized and existing under and by virtue of the laws of the State of Arkansas, by its Mayor and City Clerk, duly authorized by Ordinance No. 9871 of the City of Little Rock, Arkansas, duly passed by the City Council of the City of Little Rock, Arkansas on the lot day of August, 1955, for and in consideration of the sun cif One Dollar ($1.00) and other good and valuable consideration, and paid Guy acA. Tho son Trustee, Missouri Pacific Railroad Company, Debtor r# the adequacy and receipt of which are hereby acknowledged, does grant, bargain, sell and convey unto the said Guy A. Thompson, Trustee, Missouri Pacific Railroad Company, Debtor, and unto his successors and assigns forever, the following described land, situate in the City of Little Rock, in the County of Pulaski, State of Arkansas, to -wit: From the intersecting South line of Water Street measure northwardly along the East line of Main Street, 30.31 feet for the point of beginning; thence northwardly, along the East line of Main Street 33.58 feet; thence south- eestwardly, on a curve to the left with a radius of 1518 feet, the tangent to the curve having a deflection of 94 degrees and 8 minutes to the right, 35.50 feet; thence north - wardly, normal to the curve at the end of last described course, 7.10 feet; thence eastwardly, on a straight line, 269.73feet, more or less, to a point in the center of Scott Street produced and 65.75 feet north of the south line of Water Street; thence eastwardly, on a straight lime, 330.73 foot more or less to a point in the west line of Cumberland Street; thence southwardly along the west lino of Cumberland Street 45.75 feet to the south line of Water Street and to the northeast corner of Block 34 of the original City of Little Rock; thence westwardly, along the north line of said Block 34, 300 feet more or less to the northwest corner of said Block; thence northwestwardly to a point in the west line of Scott Street produced which is 14 feet north of the south line of 'Mater Street, 61.61 feet; thence westwardly on a straight line 275,48 feet more or less to the point of beginning. Containing 32,285 square feet, more or less. A strip of right of way being 10 feet to the South (right) and 23.5 feet to the North (left), distances measured normal to the following center line, for a total width of 33.5 feet, from the West line of Spring Street to the East line of Main Street, Little Rock, Arkansas; said center line being described as follows: Beginning at a point on the West line of Spring Street and 177.41 feet North of the southeast corner of Block 186 (which is on the North line of Garland Street); thence souti..L.- eastwardly, along a 5 degree curve to the right and which curve's tangent forms an angle of 740 27' from the said West line of Spring Street in the southeast quadrant, a distance of 95.13 feet to point of tangent (end of curve); thence continue southeastwardlty by a straight line, tangent off last described curve, 159.50 feet to a point on the northerly extension of the Bast line of Conway Street, and which point is 152.16 feet North of the South line of Garland Street aeasured along said northerly extension; thence continue along said straight line, 66.93 feet to the point of curve (beginning) of 60 24' curve to the left; thence eestwardly along the curve 372.71 feet to point of tangent 6 r3- (end of curve); thence northeastwardly, by a straight line, tangent off last described curve, 66.20 feet to the point of curve (beginning) of 5 °31 30" curve to the right; thence east - wardly, along said curve, 250.25 feet to point of tangent (end of curve); thence southeastwardly, tangent to last described curve, 65.35 feet to point of curve (beginning) of 30 431 curve to the left; thence 31.35 feet eastwardly along said curve to the West line of Main Street; thence continue eastwardly, along said curve, 105.65 feet to the intersection of the East line of Main Street, said line being 25 feet East of and parallel to the original East line of Main Street and 40.33 feet North of South line of Water Street. Containing 40,638 square feet, more or less. Also an additional parcel of property to the North of, and adjoining the above described 33.5 feet right of way between the West line of Spring Street and Ashley Street, more particularly described as follows: Beginning at a point on the West line of Spring Street which is 201.80 feet North of the Southeast corner of Block 186 (which is on the North line of Garland Street); thence north - wardly, along the West line of Spring Street, 10.21 feet; thence southeastwardly, on a deflection angle of 105023' to the right, 66.71 feet to a point 12.10 feet North of the above identified 33.5 foot right of way, and measured normally thereto; thence southeastwardly, in a straight line, 148,42 feet to a point 11.31 feet similarly North of said right of way line; thence southeastwardly, in a straight line, 119.50 feet to a point 15.50 feet similarly North of said right of way line; thence southeastwardly, in a straight line, 45.08 feet to a point 14.017 feet similarly north of said right of way line; thence north- wardly on a deflection angle of 900 to the left, a distance of 1.08 feet; thence southeastwardly in a straight line 25.08 feet to a point 14.37 feet similarly north of said right of way line; thence goutheastwordly in a straight line, 6.33 feet to a point 14.90 feet similarly north of said right of way line, thence southeastwardly, in a straight line, 3345 feet to a point 11.00 feet similarly north of said right of way line; thence south- wardly, 11.00 feet to the said right of way line and measured normally thereto; thence northwestwardly 443.61 feet more or less along the said right of way line, to the point of beginning; containing 6,059 square feet, more or less. TO HAVE AND TO HOLD the same unto the said Guy A. Thompson, Trustee, Missouri Pacific Railroad Company, Debtor, and unto his successors and assigns forever, with all appurtenances thereunto belonging. And City of Little Rock, Arkansas hereby covenants with the said Guy A. Thompson, Trustee, Missouri Pacific Railroad Company, Debtor, that it will forever warrant and defend the title to said lands against all claims whatever. IN TESTIMONY 1HERBOF, the name of the grantor is hereunto affixed by its Mayor, and its seal affixed by its City Clerk this lot day of August, 1955- Attest: Le W. C. Ware . C. Ware, City lerk STATE OF ARKANSAS) ) 88 COUNTY OF PULASKI) CITY OF LITTLE ROCK, ARKANSAS By /s/ Pratt C. Rommel Pratt C. Rommel, Mayor ACRNCWLEDGIIENT (SEAL) On this 1st day of August, 1955 before the undersigned, a Notary j 7 i Public duly commissioned, qualified and acting, within and for the said County and State, appeared in person the within named Pratt C. Rommel and W. C. Ware, to me personally well known, who stated that they were the Mayor and City Clerk, respectively, of the City of Little Rock, Arkansas, a municipal corporation, and were duly authorized in their respective capacities to execute the foregoing instrument for and in the name and behalf of said municipal corporation, and further stated and acknowledged that they had so signed, executed and delivered said foregoing instrument for the consideration, uses and purposes therein mentioned and set forth. In testimony whereof I have hereunto set my hand and official seal this.lst day of August, 1955• /s/ E. Harrison Notary KUM My Commission Expires: y Commission Expires April 29, 1957 SEAL SECTION 3. That the definition of 'Exhibit 'Blu as used in the contract, the form of which is hereinafter set out, as it pertains to this contract, is a certified copy of a motion in the United States District Court for the Eastern District of Missouri by the Trustee of the Missouri Pacific Railroad Company, debtor, for authority to relocate certain tracks in Little Rock on account of construction of Riverfront Drive, filed August 11, 19550 and certified copy of Order of such Court authorizing Trustee to relocate certain tracks in Little Rock on account of construction of Riverfront Drive, filed August 11, 1955, which is as follows, to -wit: Motion No. 4605 IN THE DISTRICT COURT OF THE UNITED STATES Eastern Division, Eastern Judicial District of Missouri No. 6935 In the Matter of MISSOURI PACIFIC RAILROAD COMPANY, ) In Proceedings for the Reorganization of a Railroad. Debtor. MOTION OF TRUSTEE FOR AUTHORITY TO RELOCATE CERTAIN TRACKS IN LITTLE ROCK ACCOUNT CONSTRUCTION OF RIVER FRONT DRIVE. Comes now Guy A. Thompson, Trustee, Missouri Pacific Railroad Company, Debtor, and presents to the Court: The Arkansas Highway Department, in cooperation with the Federal Bureau of Roads and the City of Little Rock, proposes to construct a River Front Drive which will necessitate the relocation of certain Missouri Pacific tracks along Water Street between Ashley and Cumberland Streets in the City of Little Rock, The State Highway Department and the City will -- (a) Purchase from Missouri Pacific trust estate, at a unit appraised value of $10,782.77, four certain parcels of non- carrier land, herein- after more particularly described; (b) burnish without cost to the Railroad the right of way required i s —5— for railroad tracks and facilities in the new location, comprised of three separate tracts, one consisting of 32,285 square feet, more or less; one consisting of 40,638 square feet, more or less] and the third consisting of 6,059 square feet, more or less; the conveyance of said property to be in form satisfactory to Trustee; and (c) Perform the grading necessary to construct roadbed for the tracks and facilities in the new location; provide necessary drainage structures; adjust the Western Union manholes; and adjust any conduit lines made necessary by the construction of the pier at Main Street Bridge. The four tracts of land to be conveyed by Trustee to the City of Little Rock, free of existing mortgage liens, are described as follows: 1. Part of Block 186, Original City of Little Rock, Arkansas, more particularly described as follows: Beginning at a point on the West line of Block 186, original City of Little Rock, which is 196 feet North of the southwest corner of Block 186; thence in a straight line a distance of 305.2 feet to the point on the East line of Block 186, which is 143 feet North of the southeast corner of Block 186; thence North along the East line of Block 186 a distance of 19.02 feet; thence on a deflection angle of 74 degrees 46 minutes to the left, a distance of 50.65 feet; thence on a deflection angle of 7 degrees 21 minutes to the left, a distance of 320.25 feet; thence on a deflection angle of 5 degrees 44 minutes to the left, a distance of 142.54 feet to the point of beginning; containing 4,869 square feet, more or less. 2. The northerly portion of Block 80, original City of Little Rock, Arkansas, described as follows: The North 15-feet of Lots 1p 2 and 32 Block 80, being a 151 x 120' parcels containing 1,800 square feet, more or less. 3. A right of way as conveyed by Thos. R. Welch to the Cairo And Fulton Railroad and recorded in Book Y 2 at page 574, being 50 feet wide, the center of which being the middle of the track as constructed, in Pulaski County, Arkansas, more particularly described as through Block number 79 of the City of Little Rock, along the bank of the Arkansas River, excepting that part conveyed to Marion Hotel Garage Company by deed dated December 12, 1950. 4. A parcel of land in the NJ of Block-34, original City of Little Rock, Arkansas, more particularly described as follows: Commencing at the point on the East line of Lot 1 which it 85 feet South of the northeast corner of Lot 1; thence West parallel to the North line of Lot 1, 38.2 feet to the point of beginning; thence northwesterly in a straight line to the point on the West line of Lot 1 which is 82.5 feet South of the northwest corner of Lot 1; thence northwesterly in a straight -line to the point on the West line of Lot 6 which is 8.5 feet south of the northwest corker of Lot 6; thence South along the West line of Lot 6, 11.5 feet; thence southeasterly in a straight line to the point on the East line of Lot 5 which is 42 feet South of the northeast corner of Lot 5; thence southeasterly in a straight line to the point on the East line of Lot 3 which is 85 feet South of the northeast corner of Lot 3; thence East parallel to the North line of Lots 2 and 1 to the point of beginning. Containing 2041 square feet, more or less. -)- V 0 The cost of the rearrangement of the tracks and appurtenances to be borne by Trustee is estimated at $23,915, of which $9,100 will be chargeable to R. & E. Trustee is advised and believes that the relocation of said tracks is necessary and reasonable; that the land proposed to be released and conveyed is not needed for railroad purposes; that I. C. C. approval is not required; and that the transaction is in the interest of the trust estate and in the public interest. 1UEREFORE, Trustee respectfully requests authority to carry out the aforesaid relocation of its river front tracks along Water Street in Little Rock, as aforesaid, and for authority to convey to the City the four tracts of land hereinabove described by metes and bounds, for the consideration specified, free from the liens of exist- ing mortgages, the liens of said mortgages, in the order of their priority, to follow the new right of way and the track. _ /s/ Gu? A. Thomson TRUSTEE., MISSOURI PACIFIC RAILROAD COMPANY, DEBTOR. /S/ Russell L. Dearmont COUNSEL FOR TRUSM- UNITED STATES OF AMERICA EASTERN JUDICIAL DISTRICT OF MISSOURI CITY OF ST. LOUIS Guy A. Thompson, being duly swora, states that he had read the foregoing Notion, and that the facts stated therein, are true, as he verily believes. /s/ Gyy A. Thompson Subscribed and swore to before me this 3rd day d August, 1955. My commission expires: Sept. 28, 1958. /s/ R. C. Mason NOTARY PUBLIC Order No. 11605 IN THE DISTRICT COURT Cyr' THE UNITED STATES Eastern Division, Eastern Judicial District of Missouri No. 6935 In the Matter of ) In Proceedings for MISSOURI PACIFIC RAILROAD COMPANY,) the Reorganization of a Railroad. Debtor ) ORDER AUTHORCZING TRUSTEE TO RELOCATE CERTAIN TRACKS IN LITTLE RACK ACCOUNT CONSTRUCTION OF RIVER FRONT DRIVE The Court having considered motion of (buy A. Thompson, Trustee, -7— Missouri Pacific Railroad Company, Debtor, for authority to relocate certain Missouri Pacific tracks in the City of Little Rock made necessary by the construction of River Front Drive, which relocation contemplates the transfer to the City of the four parcels of land described by metes and bounds in Trustee's motion; for a consideration of $10,872.77, and the transfer to Trustee rd thout cost by the City of three parcels of land and the grading thereof for the relocation of Missouri Pacific tracks; and it appearing that parties in interest have been notified of the presentation of Trustee's motion; that the relocation of said tracks is made necessary by reason of the development of River Front Drive; that with the new right of way furnished Trustee the land to be conveyed by Trustee to the City will not longer be needed for railroad purposes; that no authority of the Interstate Commerce Commission is required, and that said transaction is in the public interest and in the interest of Missouri Pacific trust estate; NOWj IT IS ACCORDINGLY ORDERED that Trustee be and he hereby is authorized to carry out the relocation of said tracks, and for the consideration referred to in Trustee's motion to convey to the City, by quit —claim or special warranty deed, the four parcels of land described by mutes and bounds in Trustee's motion, free from the liens of existing mortgages, the liens of said mortgages, in the order of their priority, to follow the new right of way and the relocated tracks* 090•= KO O *4D1 1-1"WN4D— ;m0%r A (ii V0i10 UNITED STATES OF AMERICA ) EASTERN DISTRICT OF MISSOURI)SS Is James J. O'Connor, Clerk of the United States District Court for the Eastern District of Missouri, do hereby certify that the annexed and foregoing is a true and full copy of the original MOTION (Motion No. 11605), of Trustee for Authority to Relocate Certain Tracks in Little Rock'Account Construction of 'River Front Drive, filed August 11, 1955 and ORDER (Order No. 4605), Authorising Trustee to Relocate Certain Tracks in Little Rock Account Construction of River Front Drive, filed August 11, 1955, In the Matter of MISSOURI PACIFIC PJLILROAD COMPANY, Debtor, In Proceedings for the Reorganization of a Railroad, No. 6935, and now remaining among the records of the said Court in sr office* IN TE,STIMONY'OF, I have hereunto subscribed my name and affixed the seal of the aforesaid Court at St. Louis, Missouri, this 11th day of August, A.D. 1955. James J. O'Connor Clerk By. Deputy Clerk SEAL SECTION 4. That the easement referred to in Article Is Section 3 of the contract covers the following described lands: From the southeasterly intersectioncf Main and Water Streets, measuring northwardly along the East line of Main Street produced 18 feet, thence westwardly at right angles 9 feet for a point of beginning, thence northeastwardly 13 feet, more or less, to a point in the proposed southerly right of way (as set out in the exchangd of properties), said point being 8 feet distant westwardly from the East line of Main Street produced, thence northwestwardly along said right of may line 7 feet, thence southwestwardly normal to last described course 13 feet, thence southeastwardly 7 feet to the point of beginning, containing 91 agw9 feet, more or less. 7 -a The form of this lease shall be as follows, to -wit: STATE OF ARKANSAS) ) ss COUNTY OF PULASKI) E A S E M E N T That the City of Little Rock, Arkansas, by its Mayor and City Clerk, pursuant to the authority contained in Ordinance No. , duly passed by the City Council of Little Rock, Arkansas, on the day of January, 1956, approved by the Mayor of the City of Little Rock, for and in con- sideration of the terms of an agreement contained in said Ordinance No. and other good and valuable consideration, the receipt of which is hereby acknowledged, do hereby grant, convey, sell and quitclaim unto the said Guy A. Thompson, Trustee, Missouri Pacific Railroad Company, Debtor, and unto its successors and assigns forever a perpetual easement on, over and across the following lands situated in Pulaski County, Arkansas, to -wit: From the Southeasterly intersection of Main and Water Street, measure Northwardly, along the East line of Main Street, produced, 18 feet; thence Westwardly at right angles, 9 feet for a point of beginning; thence Northeastwardly 13 feet more or less to a point in the proposed Southerly right -of -way (as set out in the exchange of properties) said point being 8 feet distant Westwardly from the East line of Main Street produced; thence Northwestwardly, along said right -of -way line 7 feet; thence Southwestwardly, normal to last described course, 13 feet; thence Southeastwardly 7 feet, to the point of beginning; containing 91 square feet, more or less. The purpose of this easement is for the construction and maintenance of the underground conduits of the Western Union Telegraph lines, the relocation of which was necessary in the construction of the Riverfront Drive. To have and to hold the same unto the said grantee, its successors and assigns forever, with all appurtenances thereunto belonging. IN TESTIMONY Whereof, the name of the City of Little Rock, Arkansas, is hereunto affixed by its Mayor and its seal affixed by its City Clerk, this day of January, 1956. • LITTLE ROCKs ARKANSAS .� Ar 1 By Mayor City Cleric STATE OF ARKANSAS) COUNTY OF PULASKI) ss ACKNOWLEDGMENT On this, the day of January, 1956, before me, the undersigned officer, personally appeared Woodrow W. Mann and W. C. Ware, Mayor and City Clerk, respectively, of the City of Little Rock, Arkansas, known to me to be the persons described in the foregoing instrument, and acknowledged that they executed the same in the capacity therein stated and for the pur- poses therein contained. In Witness Whereof, I hereunto set my hand and official seal. My Commission Expires: SECTION 5. The form of this contract shall be as follows, to -grit: "THIS AGREEMENT, entered into this day of , 1956s by and between GUY A. THOMPSON, TRUSTEE, MISSOURI PACIFIC RAILROAD COMPANY, DEBTOR, As Trustee and not individually, herein referred to as "Trustee ", and the CITY OF LITTLE ROCK, ARKANSAS, a Municipal Corporation, herein called "City", WITNESSETH: "RECITALS: City, cooperating with the Arkansas Highway Department, and the Federal Bureau of Roads, proposes to construct, in the City of Little Rock, a trafficway, herein called "River Front Drive ", which will necessitate, among other things, the relocation of Trustee's two main tracks which now occupy a portion of Dater Street between Ashley and Cumberland Streets, approximately where shown by solid red lines on white print, File No. J-3059-B# dated May 31, 1955, as last revised December 7, 1955s prepared in the Office of Chief Engineer, Missouri Pacific Railroad System, St. Louis, Missouri, marked Exhibit "A" attached hereto as part hereof. It is understood that the project is to be financed from funds appropriated by the United States and expended under its regulations; that all plans, estimates of cost, specifications, awards of contracts, acceptance of work and procedure in general are subject at all times to all Federal laws, rules, regulations, orders and approvals apply- ing to it as a Federal Project; and items entering into the in- stallation are reimbursable in such amounts and forms as are ?roper and eligible under the requirements of Policy and Procedure memorandum No. 30-3- City has conveyed to Trustee certain parcels of land located approximately where shown by green shading on Exhibit "A", and more particulwly described in that certain warranty deed dated August 1, 19550 recorded August 10, 1955s in Book 578 at Page in the Office of Register of Deeds, Pulaski County, Arkansas, to be used as site for Trustee's two main tracks to be relocated. In consideration of the conveyance by City to Trustee referred to in the next preceding paragraph of these Recitals and of the performance by City of City's covenants hereafter in this agree- ment expressed, Trustee, pursuant to Motion and Order No. 4605, filed August 11, 1955, of the United States District Court for the Eastern District of Missouri, Eastern Division, in proceedings under Section 77 of the Bankruptcy Act entitled "In the Matter of Missouri Pacific Railroad Company, Debtor, in Proceedings for the Reorganization of a Railroad, No. 6935 "s has been authorized to convey to City the Trustee's interest in certain parcels of land located approximately where shown by yellow and green shadings on white print File No. J-3059-Bs dated May 31, 1955s as last revised June 21, 1955, prepared in the Office of Chief Engineer, Missouri Pacific Railroad System, St. Louis, Missouri, marked Exhibit "B", attached hereto as part hereof. The parties hereto desire to set forth in writing the agree- ment reached between them with respect to the matters set forth in these Recitals and related matters* NOW., THEREFCRE, in consideration of the premises, the parties hereto agree as follows: ARTICLE I 1. In consideration of the covenants and agreements of -9- Trustee as contained in Article II hereof, the City: (A) furnishing or causing to be furnished necessary materials, instrumentalities and appurtenances and performing or causing to be performed, the necessary grading and other work, shall provide complete in place, without cost to Trustee and at City's sole responsibility, a roadbed to be used and maintained by Trustee on which to construct Trustee's two main tracks and appurtenant facilities, to be located approximately where shown by solid orange lines on Exhibit "A ", on those parcels of land conveyed to Trustee by City as set forth in the Recitals hereto, and shown in green shading on Exhibit "A"; (B) furnishing or causing to be furnished necessary materials, instrumentalities and appurtenances and perform- ing or causing to be performed the necessary labor, shall provide and keep in place, without cost to Trustee and at City's sole responsibility, all drainage structures required for adequate and proper drainage of Trustee's two relocated main tracks; (C) shall pay to Trustee the cost, as defined in Article IV hereof, to Trustee of adjusting or causing to be adjusted (1) the manholes appurtenant to the underground conduit line of the Western Union Telegraph Company (herein- after called "Western Union ") and (2) the underground conduit line of Western Union as provided in subparagraph (c) of Article II hereof, shown by broken blue line and blue dots on Exhibit "A ", where any such adjustment is made necessary to conform to the plans for the construction of River Front Drive; (D) twmighing or causing to be furnished necessary materials and performing or causing to be performed the necessary labor, shall construct, at City's sole cost and responsibility, a reinforced concrete retaining wall to be located approximately where shown by black line and appropriate legend on Exhibits "A" and "B ", along the northerly side of the proposed River Front Drive and adjacent to Trustee's relocated south main track, commencing at the point of its intersection with the northerly prolongation of the westerly line of Ashley Street and extending to the westerly line of Cumberland Street, said retaining wall to have a horizontal clearance of not less than 10 feet from, and measured normal to, the center line of Trustee's relocated south main track; said retaining wall to have a height of not less than three feet above the elevation of the pavement of said River Front Drive and to be constructed with a rounded top to prevent walking thereon. (E) furnishing or causing to be furnished the necessary materials and performing or causing to be performed the necessary labor, shall construct at City's sole cost and responsibility (1) a cyclone type fence having a height of not less than 6 feet along the northerly line of the parcels of land conveyed by the City to the Trustee where shown by appropriate legend and symbol on Exhibit "A"; and (2) a cyclone type fence having a height of not less than 6 feet along the easterly line of Main Street where shown by appropriate legend and symbol on Exhibit "A" extending northwardly from the northerly line of said property conveyed to Trustee by City to the bank of the Arkansas River. -10- 2. The work to be performed by or for the City in connection with the undertakings of the City in Section 1 of this Article I shall be performed in accordance with detailed plans and specifications to be prepared by the City and approved in writing by the Trustee's Chief Engineer, and the materials, instrumentalities and appurtenances to be furnished by or for the City in connection with said undertakings shall conform to the requirements of the Trustee as made known from time to time. Said work shall be commenced pronptly following the approval of said plans and shall be performed with diligence and in a workmanlike manner until completed. 3. City shall execute in favor simultaneously with the execution an d permanent easement in and to so mob required as site for Western Union's appurtenant manholes as provided for ARTICLE II of, and deliver to, Trustee, delivery of this agreement, a of City's property, as shall be underground conduit line and in Section 1 of this Article I. 1. In consideration of the covenants and agreements of City as contained in Article I hereof, Trustee: (A) hereby grants to City, permission and license for City's employes, agent and contractors, and the employes of any such contractors, to enter and be upon the parcels of land conveyed to Trustee by City, as referred to in Recitals and Section 1(a) of Article I hereof, for the purpose of performing, or causing to be performed, the grading, and providing or causing to be provided, the roadbed and drainage structures as set forth in Section 1(A) and (B), incident to Trustee's relocation of Trustee's two main tracks; (B) shall, at Trustee's sole cost; (1) remove from their present location, Trustee's two main tracks (shown by red lines on Exhibit "A ") and re- locate same on said roadbed approximately where shown by orange lines on Exhibit "A"; (2) remove from their present location (where shown on Exhibit "A" by appropriate legend and symbol) appurtenances to said two main tracks, including but not limited to signals, public road crossing and crossing protection therefor, and relocate said appurtenances where required incident to the relocation of said two main tracks; (C) shall relocate and /or adjust or cause to be re- located and/or adjusted Western Union's underground conduit line and appurtenant manholes approximately as shown by broken blue lines and dots on Exhibit "A "; and (D) pursuant to the authority contained in said Motion and Order No. 46059 filed August 11, 1955, of the United States District Court, referred to in Recitals shall, simultaneously with the execution of this agreement, by quit claim deeds, convey to City the following: (1) without cost to City, the estate of Trustee in a tract of land situated along the northerly line of Block 79, between Louisiana dnd Main Streets, said estate of the Trustee in said tract of land being more particularly described in said Motion and Order No. 4605, and the approximate location of said tract of land being shown by green shading on Exhibit "B". -11- (2) for the sum of $10,782.77, to be paid by City to Trustee upon delivery of quit claim deeds therefor, the following three tracts of land: (a) a part of Block 186; (b) the northerly portion of Block 80; and (c) a part of Block 34; each of said tracts of land being more particularly described in said. Notion and Order No. 4605 and the approximate location of each thereof being shown by yellow shading on Exhibit "B ". 2. The adjustment of Western Union conduit line and appurtenant manholes referred to in subparagraph (C) of Section 1 of this Article II shall be in accordance with plans to be furnished by City and approved in writing by Western Union's and Trustee's authorized representatives. ARTICLE III City shall, without cost to Trustee, cause its contractor to procure and keep effective during such time as the work to be performed by City or which City will cause to be performed, as described in Section 1 of Article I hereof, is being performed as therein provided, Workmen's Compensation insurance, Public Liability insurance and Property Damage insurance, covering liability incurred by City's contractor in connection with the performance of the said work, and contractor shall deliver to Trustee's Chief Engineer certified copies of the policies herein required; said policies to be in such form and for such amounts as shall be satisfactory to Trustee ARTICLE IV The cost which the City agrees to pay to Trustee for work performed in connection with the Western Union Conduit line, as provided for in sub - paragraph (C) of Section 1, of Article I hereof, shall include the cost of all labor, materials, supervision, accounting, transportation, vacation, holiday and health and welfare allowances of employees engaged in such work and all other items of expense properly entering into the work as may be applicable for reimbursement under the requirements of Policy and Procedure Memorandum No. 30-3. ARTICLE CLE V Covenants herein shall inure to and bind the successors and assigns of the parties hereto. City shall cause Trustee's original hereof, when delivered executed by City to be accompanied by a certified copy of such Resolution or Ordinance as, passed or approved as by law prescribed, shall make this a valid agreement of City. IN WITNESS YVMEOF, the parties hereto have caused this agreement to be duly executed as of the day and year first herein written. GUY A THOMPSON, TRUSTEE, MISSOURI WITNESSES: PACIFIC RAILROAD COMPANY, DEBTOR. BY.. Chief Oper ating Officer ATTEST: CITY OF LITTLE ROCK BY City Clerk Mayor. SECTION 6. That all ordinances and parts of ordinances in conflict herewith are hereby repealed, and this ordinance shall be -7w- Tmwwwr -12- in full force and effect from and after its passage and approval. PASSED: January 9, 1956 ATTEST i AM-Z-- City Clerk