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HomeMy WebLinkAbout6420ORDINANCE NO. 6420 AN ORDINANCE $UT$QRIZING THE MAYOR AND CITY CLERK TO LEASE CERTAIN LANDS ON THE 3OU211 BANK OF THE ARKANSAS RIVER IMMEDIATELY EAST OF THE BROADWAY BRIDGE TO THE BIG ROCK STONE AND MATERIAL CO., rECLARING AN EMERGENCY TO EXIST, AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF LITTLE ROCK, ARKANSAS: Section L. The Mayor and City Clerk are hereby authorized and.._ v 'reque'sted to lease to the Big Rock Stone and Material Company the following lands owned by the City of Little Rocks That tract ok Parcel of land bounded on the south by the north line of the Missouri Pacific Railroad Company's right of way; on the east by the west line of the lease of the Boathouse Club from the City,of Little Rock; on the west by the west property line of Broadway Street, extended, and on the north by the harbor line of the Arkansas River as the same may o.r'hereafter be established, all in the City of Little Rock, Pulaski County,'Ark,ansas. Section '2. Said lease shall be for a period of ninety nine years and the consideration to be paid to the City shall be the leasing to the City for said ninety nine years of the following read property# All that part of Block 186, City of Little Rock_, lying south of the right of way of the St. Louis Iron Mountain & Southern Railroad, all in the City of Little Rock, County of Pulaski County, Arkansas. . Section 3. The property being leased to the City of Little Rock being necessary to the efficient operation of the Little Rock Municipal Auditorium and vital to the public peace, health and safety, an emergency is hereby declared to exist, and this ordinance shall be in full force and effect from and after its passage and approval. Passed: may, 49 1942 Approved: Attest: