HomeMy WebLinkAbout9206ORDINANCE NO.- 9206
AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR
AND THE CITY CLERK TO- EXECUTE A LEASE OF CITY -OWNED
PROPERTY AT THE NORTHWEST CORNER OF BARBER AVENUE
AND EAST ROOSEVELT ROAD TO THE PEOPLES OIL REALTY
COMPANY, AND FOR OTHER PURPOSES.
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. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK,
ARKANSAS:
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i SECTION 1. The Mayor and the City Clerk are hereby
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authorized and directed to sign and execute a lease to the
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Peoples Oil Realty Company of city property located at the
Northwest corner of Barber Avenue and East Roosevelt Road.
That said lease shall be for a period of ten (10) years at a
rental of One Hundred Dollars ($100.00) per month.
SECTION 2. That the property leased by the City of
Little Rock to the peoples Oil Realty Company is more
particularly described as follows:
A triangular shaped parcel at the Northwest corner
of Barber Avenue and East Roosevelt Road, facing 250
feet on Roosevelt Road and 200 feet on Barber Avenue,
with the boundaries of the two named streets forming
two sides of the triangular tract, and with the third
side of the triangle and rear line of the leased
property being along a line connecting two points;
point 1 being a point in the northerly margin of East
Roosevelt Road 250 feet westerly from the intersection
of East Roosevelt Road and Barber Avenue, and point 2,
which is the other end of the connecting line, being a
point in the westerly margin of said Barber Avenue 200
feet north from the intersection of Roosevelt Road and
Barber Avenue.
SECTION 3. That both the City of Little Rock and the
Peoples Oil Realty Company shall be mutually bound by the pro-
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- visions -of said lease.
SECTION 4. All ordinances or parts of ordinances in
conflict herewith are hereby repealed, and this ordinance shall
be in full force and effect from and after its passage and approval.
PASSED: May 11, 1953
ATTEST:
City Clerk
APPROVED:
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Mayor