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HomeMy WebLinkAbout6757ORDINANCE NO. 6757 AN ORDINANCE DIRECTING THE EXECUTION OF A LEASE OF CERTAIN PREMISES AND PRIVILEGES AT THE MUNICIPAL AIRPORT TO AMERICAN AIRLINES, INC., CHICAGO AND SOUTHERN AIR LINES, INC., AND BRANIFF AIRWAYS, INCORPOR- ATED; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF LITTLE ROCK, ARKANSAS: SECTION 1. The Mayor and City Clerk are hereby authorized and dirt.ct_v_d t.o . execute on behalf of the City of Little Rook a , lease naming American Airlines, Inc. as lessee. SECTION 2. The Mayor and City Clerk are hereby authorized and directed to execute on behalf of the City of Little Rock, leases naming Chicago and Southern Air Lines, Inc. and Braniff Airways, Incorporated, respectively, as lessees; said leases to be sub- stantially similar to the lease authorized above with the following changesx (1) The leases to Chicago and Southern Air Lines, Inc. and Braniff Airways, Incorporated shall not include any specific ground space. (2) Said leases shall be for such administration building space as may be agreed upon between the lessees and the Mayor, and shall include approximately that space now leased to Chicago and Southern Air Lines, Inc., and reserved for Braniff Airways, Incorporated. SECTION 3. All the leases authorized under this ordinance shall be for the term set out in the form of lease attached to this ordinance and all shall expire at the same time, except that the lease to Braniff Airways, Incorporated and the obligations thereunder shall commence on the day that Braniff Airways, Incorporated begins operations into and out of the Municipal Airport. SECTION 4. This ordinance shall be in full force and effect from and after its passage. PASSED t_ April 2. 1945 APPROVEDs ATTEST: ity Clerk