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HomeMy WebLinkAbout9242ORDINANCE NO. 9242 AN ORDINANCE AUTHORIZING THE MAYOR AND THE CITY CLERK TO EXECUTE A LEASE BETWEEN THE CITY OF LITTLE ROCK AND GUY. A. THOMPSON, TRUSTEE OF THE MISSOURI PACIFIC RAILROAD COMPANY, DEBTOR, LEASING CERTAIN PROPERTIES AT THE FOOT OF WEST MARKHAM AND VICTORY STREETS TO THE CITY OF LITTLE ROCK AND FOR OTHER PURPOSES BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS: __SECTION 1. That the Mayor and the City Clerk are hereby authorized and directed to-enter into and execute a lease on behalf of the City ' of Little Rock with Cruy A. Thompson, Trustee, of the Missouri Pacific Railroad Company, Debtor, whereby the property described as follows: Beginning at the intersection of the northeasterly line of West Markham Street, extended, and the northwesterly line of Victory Street measure northeastwardly along said northwesterly line of Victory Street, 32 feet to a point on curb of aforementioned parking area; thence measure along said curb, describing a curve with radius of 60 feet, southwestwardly 104.7 feet; thence, measure northwestwardly along said curb line 282 feet; thence, continuing along curb line describing curve to left with radius of 521.07 feet measure 372.7 feet; thence, along curb line, parallel to face of Union Station, measure southwestwardly 120 feet; thence, along curb line describing curve to left with radius of 40-feet measure 69.8 feet; thence, along ourbs line describing A curve to left with radius ,of 78 feet measure 109.0 feet; thence, measure southwestwardly -' ` u_,___" — " ,Meng eurb line 180 feet; thence along curb line describ- ing curve to left with radius of 1432.7 feet measure 120 feet; thence, measure southwestwardly along curb line 400 feet; thence, along curb line describing curve to right with radius of 21 feet measure 29.4 feet to point on north- westerly line of Victory Street; thence, measure north eastwardly, along said northwesterly line of Victory Street 175 feet to point of beginning, containing 1441.75 square feet, more or less, such area to constitute the premises with exception of 200 square feet of property located within above limits and described one'a b_;: Exhibit "A" as lawn; area of premises being 1241.75 square feet, more or less. is leased to the City of Little Rock. SECTION 2. All ordinances or parts of ordinances in conflict herewith are hereby repealed, and since it is necessary for the peace and safety of the citizens of Little Rock that said lease be executed as soon as possible so that the property leased may be policed by i officials of the City of Little Rock, an emergency is hereby declared to exist and this ordinance shall be in full force and effect from and i Page Two after its passage and approval. PASSED: June $, 1953 ATTEST: APPRo %� A PW ITY CLERK MAYOR